Location: Avellanas, Guanacaste, Costa Rica
This 29-acre ocean view parcel is located a short distance from the world-famous surf at Playa Avellanas, in the Playa Tamarindo area - one of Costa Rica's fastest-growing and most popular corridors. Only a few years ago, Avellanas real estate was "uncapped" with new water service to the community, and there has been an explosion of growth.
The access, tranquility, and ocean views from "The Hideaway," as the property is called, provide the perfect context for someone to develop their unique dream. An international airport is an easy one-hour drive away, yet because it's tucked in a private, serene location, this property is the ideal site for a landmark hospitality investment, whether it is used for a yoga/health retreat, spa, plant medicine center or traditional B&B.
The land's topography is an ideal fit for a truly special hotel, spa or boutique rental income property. Entering from its lower edges by the road, you slowly climb gentle slopes to reach the peak of its main features, a hilltop ridge line with breathtaking views in every direction. Current owners have advanced development by creating an access road and nearly a dozen building terraces, most of which feature the best ocean views.
In addition to the terraces already created, there are countless other sites where buildings could be nestled in the forest - the land is a truly "blank canvas."
Costa Rica has garnered an enormous flow of international tourists who seek more than just quick thrills, and this location is directly in the path of a quickly-growing number of visitors who come to this area a wide range of therapies, whether they choose yoga, nutrition or surf as medicine.
The neighboring real estate - both what has been developed and what is under development - demonstrates beyond a doubt that this is an appealing location.
Only a few blocks from The Hideaway is an entrance to Hacienda Pinilla, one of Guanacaste's largest and most in-demand gated communities. In recent years the full inventory of available undeveloped lots for sale have been rapidly purchased and the number of visitors to that development will only continue to rise. Within Hacienda Pinilla and closest to the entrance by The Hideaway is Rhythmia, a plant medicine center that is growing by leaps and bounds.
Recent purchases of beachside properties have also shown that development will continue into the future. Parcels totaling over 30 acres have recently closed or gone under contract at prices of $40 to $80 per square meter.
If you have been watching for a Costa Rica development parcel, this is a property located at the right place (Playa Avellanas) and the right time (at the start of explosive growth). Contact us for more information.