Playa Negra Investment Opportunity

Property Details

  • Property ID: 10894
  • Year Built : 6608,83 m2
  • Attachments : Download

Amenities

Playa Negra Investment Opportunity

This 1.6-acre parcel investment opportunity, located just 5 minutes from the world-famous Playa Negra in Costa Rica, features over $100,000 in construction value alone and is priced to sell quickly. The property includes an unfinished 1300 sf home, two caretaker cabins, a secure storage bodega, and other ancillary structures.

The land is zoned for commercial use and can be subdivided and sold as smaller parcels, making this the perfect opportunity for investors. It is provided with water from one of the region’s best aquifers and also has electrical service. A fiber optic internet connection could be installed at a minimal cost.

The location couldn’t be more perfect – in addition to Playa Negra, the spectacular beaches of Playa Avellanas, Playa Tamarindo, Playa Junquillal and a dozen other surf spots are all within a short driving distance. It is only a few minutes’ drives from a paved highway and one hour from an international airport.

1.6 Acres with 100k Construction Value

The home was started by a Canadian contractor and the structure has been built with high standards. About 70% finished, the costliest portion of construction has already been finished and new owners will not have to invest too much to complete it.

The lot is perfectly flat, allowing for construction everywhere. Its original owners envisioned creating a multi-unit boutique rental property with half a dozen cabins.

In and around Playa Negra, land parcels of a similar size are priced between $70,000 and $90,000, without any construction, making this an exceptional deal in an area with growing tourism following.

Playa Negra

Playa Negra isn’t off the beaten path anymore. There are great restaurants, new infrastructure, and a paved road that is five minutes away. There is fibre-optic internet, telephone, satellite t.v., and 3G cel service. You’ll find that Playa Negra is the Costa Rica you fell in love with and you will be glad that it is close enough to Tamarindo and Santa Cruz but just far enough as well.

Playa Negra has long been known for it’s incredible waves. However, in recent years the type of tourist has changed from the surfer who came to get some barrels to the upper middle class and they are building million dollar beachfront homes for the myriad that want to come and be in a truly authentic section of Costa Rica.

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