LAND DEVELOPMENT OPPORTUNITY BRIEF
Location, Location, Location! There are few parcels left in Ocotal that offer such tranquility + unparalleled ocean, mountain, and valley views but this is one such place – hence the name La Joya (Spanish for gem). Call for limited partners to this joint venture!
Seeking limited partners for extraordinarily rare development opportunity in magical Playa Ocotal, situated along Guanacaste’s Gold Coast, Costa Rica’s number one tourist region. Ability to build up to an eight-room hotel/short-term rental property with ground-level retail and food service. The project may consist of up to 2 floors on lot at 2,134 sq m/23,000 sq ft elevation with ocean, mountain + valley views.
All utilities are currently in place with three service-delivery confirmation letters from the local municipality.
Rental guests will have access to the suite of amenities available at nearby Pura Vista hotel (walking distance) including catamaran excursions, yoga and wellness retreats, and pools.
Parcel Highlights
- Situated in a prime location on quiet Playa Ocotal
- Non-concession, full title (not restricted by Maritime Zone Law 6043)
- Parcel has three municipal water letters (for service delivery)
- Electric in place, prime for solar installation
- Plans drawn up for up to six (6) residences
- Commercial space to include food and retail
More details on the opportunity
- Eco-tourism / Corporate retreat
- Rental income
- 1031 exchange – tax shelter
- Carbon credits
- Blue Zone
- Scuba diving
- Educational tours w/local scientists/university
Notable Guanacaste Region Facts
- Costa Rica’s top region for tourism
- close proximity to major airport w/expanded service from all major US airlines
- multiple direct flights from major US cities w/affordable biz class
- major European banks and upscale resort investments are in operation w/more underway
The Team
- General Partners: Mark McWilliams, Robyn Cain, Tarisa Tibbit
- Builder: Navarro & Aviles