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House For Sale in , Costa Rica :: MAL PAIS,COSTA RICA - SUPERB PROPERTY/REAL ESTATE FOR SALE - 2 HOUSES , POOL PLUS PRIME DEVELOPMENT LAND - located just a couple of minutes walk (200m) from one of the '10 most breathtaking beaches in the world' - Forbes.EXCELLENT INVESTMENT OPPORTUNITY.
Sell Price: 1850000
Location: mal pais,cobano,
puntarenas
Costa Rica
Property Type: House
Property Details:

Superb TITLED property of over an acre (4495 sq.m) comprising 2 self contained houses(main house 205sq.m , guest house 70 sq.m),pool and prime land for further development .Located just a couple of minutes walk (200m) from 'one of the 10 most breathtaking beaches in the world' - Forbes.Of interest to private buyers,investors and developers.

This tropical site is a haven for wildlife (including both Howler monkeys and white faced Capuchins),is extremely private,tranquil and offers beautiful sea views from upper floor levels.To the rear of the property is natural forest.Ideally located within Mal Pais being just a 10 to 15 minute walk to Playa Carmen.

Highly suitable for use as a private residence,B&B or hotel with potential to build additional houses,up market condominiums,apartments,retail etc (37.5 m road frontage).The site is one,of only a few in Mal Pais suitable for multi-level development (subject to permissions).

An additional 955 sq.m (with road frontage) bordering the south of the property can be purchased by seperate negotiation if required.

The properties which were built to a high specification and are in excellent order throughout comprise:

MAIN HOUSE:ground floor - front patio,entrance hall.Master bedroom with ensuite full bathroom,dressing area and private patio.Second bedroom with ensuite bathroom and private patio.Utility room(or bedroom 3).

Upper floor - kitchen,living room,study (or bedroom 4),bathroom and balcony. 

GUEST HOUSE: 2 bedrooms,bathroom,open plan living/kitchen area plus front and rear patios.

ADDITIONAL STRUCTURES include 2 above ground water tanks,under ground water tank,private well,pool house, seperate pump house and storage area.

The land,at 200 meters from the beach,is the closest to the beach it is possible to own,with full title,in most of Costa Rica - generally the first 200m is owned by the government and available solely to lease.

With full title,the potential to generate a high rental return per year and the additional development potential in the short/medium term the property represents an excellent investment opportunity.Based upon existing vacation rentals in the immediate area,the property would achieve a rental of between $5000 to $7000 per week.

FOR SALE $1,850,000 subject to contract.

These details are a guide only and should not be relied on for any purpose.It is the responsibility of the purchaser to verify the accuracy of all information supplied.

Date Published: 15-May-2007
Date Updated: 23-Jun-2009

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