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Features:
$16 million U.S. for 26 hectares (approx. 65 acres). Hotel portion: 12.5 hectares (approx. 31 acres). Other portion: 13.5 hectares (approx. 34 acres).

Description:
Located in the middle of the most desirable area in Costa Rica's central valley. Bridging the communities of Santa Ana and Escazu, 26 hectares (approximately 65 acres) nestles on the hillsides five minutes from the recently opened Pacific Coast Highway that takes the visitor to the beach in less than one hour, yet is only 15 minutes from San Jose and the San Jose International Airport. The property has 12.5 hectares (approximately 31 acres) of pre developed land with studies and plans for a class five major hotel project. The other portion has 13.5 hectares (approximately 34 acres) that can be used for high end condominiums, additional hotel rooms, retirement center, etc. The spectacular setting in nature for a potential hotel project bordering a protective zone is a unique advantage since it provides for an extensive natural oasis in the midst of urban growth. It is the capital city’s “Central Park” as urbanization moves westward.

Relevant development close to the property
Le Monastere (Famous French Food)
Escazú (One of the Largest Shopping Centers in the Country)
and Forum II (Office Complex with many services around)
Escazu (The first Office and Shopping Center with an iMax Theather in CR)
Clinica Biblica (Region’s Most Outstanding Hospital
CIMA (A High Quality Medical Center

General Information
Area 65 Acres - 26.1 Hectares
location Escazú / Santa Ana, Costa Rica
status Ready for development
uses Boutique Hotel or Luxury Condominium

Approved for construction:
160 Mini Suites, 14 Executive Suites, 44 Townhouses, 3 Restaurants, Health Spa, Conference Center Night Club, Casino, Amphitheater, 3 Swimming Pools, plus other amenities. Entire property is free and clear of all encumbrances. Costa Rica offers full title insurance guarantee, unlike other foreign countries. The project is located in the most prestigious area of Costa Rica's Central Valley where the majority of the population live. Located 15 minutes from San Jose International Airport and downtown San Jose (Capitol of Costa Rica.)

THE PROJECT INCLUDES:
1) All Building Plans (architectural, electro mechanical, engineering, interior design, preliminary landscaping design etc. have been done and ready to be submitted for pernits).
2) I.C.T. Contract has been approved.
3) Environmental Impact studies has been approved.
4) Land evaluation was done in 1997.
5) Business Plan was done in 1997 and updated in 1999. Since that time to the present - the value of the property and income (cash flow) has increased significantly.
6) Letter from the municipality of Santa Ana confirming project submitted eligible for approval following their guidelines.
7) Land is designated as a protective zone area.
8) Public road leading to the property from the Camino Viejo was constructed by me in need of repair, but will be easy. It was really very narrow and just a pathway, but I was able to get permission from the neighbors to widen the road.
9) A well 125 meters deep with a flow rate of 5 liters per second as installed.
10) High power electrical and phone lines were installed to the property line.Comments: Even though the land is not flat - It offers significant advantages. The hotel project occupies less than 12.5 hectares out of 26 hectares total land area. Even though the buidling coverage is 10% - one can add an additional 270 rooms. Other areas of the land will occupy fruit trees, organic gardening to supply the hotel, a lake for fishing, amphitheater for concerts and events, coffee production (a mini britt operation), and other ideas too numerous to mention. This will not be a typical 5 Star Hotel, it will be a one of a kind mountain resort located in the best exclusive sector of the capital city.

Click here to request additional information. Please refer to PLANTATION RESORT HOTEL PROJECT