Lot for sale in Cabo Velas, Santa Cruz

Key facts

Features & amenities

About this property

The Toro Azul Portfolio of Properties offers a significant opportunity for large-scale luxury residential and commercial development, featuring a total of 8 land parcels that encompass approximately 383 hectares (around 950 acres). This portfolio is rich in water resources, with concessioned wells and diverse terrain that ranges from flat commercial land along the main road to foothills with a waterfall and ocean-view mountainsides in Brasilito and Huacas, Costa Rica. The five core properties are situated in Brasilito, adjacent to luxury resorts such as The Westin Resort & Spa, Reserva Conchal, and the W Hotel & Resort, and are only 10 minutes from Marina Flamingo. Additionally, the portfolio includes rights to a beachfront parcel and two water-rich lots in Huacas. The proximity to Liberia International Airport, which offers numerous nonstop flights from major North American cities, has significantly contributed to the growth of the tourism industry in the area. With increasing demand, this is an opportune moment to initiate a development project that will cater to the needs of this charming region of Guanacaste. WATER AVAILABILITY: The largest parcel features concessioned wells and a concessioned spring, with a registered capacity of 8.15 liters per second, and the cumulative total of all concessioned wells is 14.15 liters per second. All taxes are current, and a Data Room containing all due diligence documents is available. This portfolio is competitively priced at a time when water availability is scarce, yet it remains water-rich. It presents a unique blend of natural beauty, ocean views, commercial potential, and more in the picturesque Gold Coast of Costa Rica.

Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.

Property details

Location

Cabo Velas, Santa Cruz, Guanacaste · approximate location