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The Commercial Investor's Dream - Impressive 90-acre Ocean View

San Rafael, San Rafael, San Ramón, Alajuela, Costa Rica

Basic Listing Information

Price:
$8,800,000
Listing ID:
CS2100073
Property Type:
Other
Listing Type:
Commercial Sale
Status:
Active
Images:
39
Beds/Baths:
5/6
Location Type:
Urban
View Type:
Greenbelt View, Mountain View, Ocean View
Total Lot Size:
36.57 ha (90.37 acre)

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This large investment property is well equipped with a famous restaurant, exclusive lodging, high-quality infrastructure, pre-leveled lots, and internal paved access roads. Adding to the beauty of the land are additional manicured recreational areas, perfect for a high-class retired/ex-pat community. The 90-acres have been groomed for large development including but not limited to hotels, resorts, and condos, that would easily combine luxury and privacy in symbiosis with nature. With multiple access points to water and all public services, an additional 20-30 homes could be built. The location is exceptional for a new exclusive paradise with ample space for expansion. This property has the foundations for a tremendous project and a high-value return-on-investment, not to mention the opportunity to own a five-star resort with the ability to impress.

See what the agent says about this listing (original title and description):

The Commercial Investor's Dream - Impressive 90-acre Ocean View

This large investment property is well equipped with a famous restaurant, exclusive lodging, high-quality infrastructure, pre-leveled lots, and internal paved access roads. Adding to the beauty of the land are additional manicured recreational areas, perfect for a high-class retired/ex-pat community. The 90-acres have been groomed for large development including but not limited to hotels, resorts, and condos, that would easily combine luxury and privacy in symbiosis with nature. With multiple access points to water and all public services, an additional 20-30 homes could be built. The location is exceptional for a new exclusive paradise with ample space for expansion. This property has the foundations for a tremendous project and a high-value return-on-investment, not to mention the opportunity to own a five-star resort with the ability to impress.

Long Description

This rare jewel is located in the Canton of San Ramon, only 20 minutes from Atenas off the well-traveled HWY 27 and tourist pathway. The 36.5 hectares (90 acres) incorporate an astounding 180 degrees of unalterable breathtaking ocean views. Visible are both the mountain terrain and the Pacific Ocean including the entire Gulf of Nicoya. Conveniently located on the main road allows for a relaxing drive to the coast. It is only a 13-minute drive to Orotina for essential amenities such as hospitals, dental clinics, hardware stores, and markets. The area is a hub for many of the best private medical clinics in Costa Rica. Benefiting from the altitude, the region is ideal for living, leisure, and travel because of the amazing climate. The property is well developed with exceptional quality construction and versatile high-valued assets. It has three spacious chalets, two of which have one bedroom with a large living area each measuring 83.55 m2. The third chalet has three bedrooms and is a comfortable 168.55 m2. To enhance the viewing experience, each chalet has a large west-facing balcony. Perfect for enjoying the spectacular sunset panorama. In addition, guests enjoy the in-ground open-air jacuzzi (2 x 2 meters) lined with real Italian slate stone. The quality filtration, gas heating, salt chlorination system, and mood lighting make this an impressive feature. The restaurant is an attraction in itself, well-known throughout the country and internationally, it has received a quality distinction from the Costa Rican Tourism Institute (ICT). It is a large 2-story building (332.26 m2) that seats approximately 75 guests. The restaurant typically serves 120 guests on a Sunday in the low season, however, the staff boasts a record of 185 served in one day. Guests have expressed their eagerness to return because of its traditional stone pizza oven which makes delicious authentic pizza in 3 minutes. They are famous for their french onion soup served in its homemade bread bowl, the Fondant de Chocolat and traditional crème brûlée all made on-site. The breathtaking view of both mountain landscape and the pacific ocean provides a serene experience that draws tourists to its tranquil location. The grounds comprise exquisite designer gardens inclusive of various flora, shrubbery, and trees, many of which are exclusive and rare species. Additional features of the restaurant include: construction in cement with high anti-seismic durability; double insulated roofs, with asphalt shingle tile that hold a 25 years guarantee; kitchen floors made with quarry tile and rounded edges for the highest kitchen standards; fully glass-windowed panoramic terrace, that can be opened or closed according to weather conditions; custom hand-made large entry metal door offers ample security; fully compliant with fire and safety regulations (emergency lighting, exits, alarms). Additional features of the chalets include: construction in cement with high anti-seismic durability; lined exterior and some interior walls with imported pressure-treated pine wood; roof structure built with imported pressure-treated pine wood; double insulated roofs, with asphalt shingle tile that hold a 25 years guarantee; fully functional chimney; solar water heater with 300L (large chalet) and 200L (small chalets) water tanks with an electric backup probe; an electric supply line to the main grid and an independent meter for each chalet. Additional features of commercial surroundings include: asphalt and concrete access roads; parking lot with 14 asphalt paved slots including (1 handicap); Additional non paved parking for approximately 30 cars; Additional water and land infrastructure include: high voltage line into the commercial area with its own 50KVA transformer, allowing for easy distribution to the property; active connection to public water supply (ASADA) and close to the spring water point (no shortages); private deep-water with 120m drilled well providing 1500 gallon/hour of fresh pure water (for one house, 800L/day/house - this limits 150 houses, not counting pools); Lab tests verify pure drinking water; access points habilitated with based and sub-base conditioning to allow direct asphalting in the future. Additional security features include: residential area closed by 2.5-meter metal electric fencing with alarm; main gate, motorized custom-made with forged iron; CCTV video surveillance; Two guardhouses. Concession details: registered 10-year renewable concession. It goes without saying that the Jemar project is ripe for substantial luxury development. The theme has been to create a Swiss Alps luxury spa experience with the matched European construction standards in Costa Rica. The business has been in operation for 2.5 years without strain through the 2020 tourist season. The price reflects upon the quality of the current infrastructure, the sought-after experience it provides, the conditioning of the land, and the foundation laid for high-quality investments in both residential and commercial projects.

Details
Number of Bedrooms: 5
Number of Full Bathrooms: 6
Number of Stories: 1
Total Interior Area: 667.00 m² (7,179.50 sq ft)
Total Lot Size: 36.57 ha (90.37 acre)
Construction Status: Completed
Year Built: 2018
Air Condition: No
Furnished: No
Pool: No
Jacuzzi: No
Parking: No
Internet: No
Television: No
Geography
Location: San Rafael, San Rafael, San Ramón, Alajuela, Costa Rica
Country: Costa Rica
State: Alajuela
County: San Ramón
District: San Rafael
City/Town: San Rafael
Location Type: Urban
Geographic Type: Other
View Type: Greenbelt View, Mountain View, Ocean View
Infrastructure
Street Access Type: Paved Road
Type of Water: City Water
Type of Sewer: Public
Type of Internet: Cable Internet
Type of Television: Cable Television
Type of Electricity: Public
Telephone Available: Yes
Financial/Legal
Price per Air-Conditionable Living Area: $13,193.40/m2 ($1,225.71/sqft)
Price per Square Meter: $24.06/m2 ($2.24/sqft)
List Price: $8,800,000
Ownership Type: Personal

Print Listing

Agent Information

Joshua Wittman

Sales and Rental Associate

RE/MAX Executive Realty

Phone:
+506-2228-0200
Office Phone:
+506-2228-0200
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