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$1,268,000 - $2,050,000 - TAMARINDO VISTAS DEVELOPMENT PARCELS - GUANACASTE

Features:
Ocean and Territorial Views, Legal Water Connections, Electricity, Internal Roads, Public Road Frontage, Development Plan for 5,000 meter lots, 10 minutes to Tamarindo, Prices from $5,75 to $7,25 x m2.

Description:
The Tamarindo Vistas project is approximately 79 hectares (194 acres) of ocean view land located in the Guanacaste Region of Costa Rica, near the booming resort town of Tamarindo. The project is divided into three large development parcels with excellent ocean and territorial views. Each development parcel is supplied with legal municipal water and electricity and bordered by a road system for easy access throughout the parcels. The development parcels have been designed to appeal to developers or investors, who can immediately begin developing each of these parcels into smaller home sites for sale, hold as an investment or begin construction of homes for the increasing number of tourists and buyers coming to the area. By creating a first class system of roads, providing the proposed development plan, detailed topographical map and legal municipal water for each development parcel, the Developer of Tamarindo Vistas has removed the headaches, time delays, unknown costs and development risk for the Buyer.

Parcel A has excellent ocean views on its approximately 24.7 hectares. Parcel A is the closest parcel to Tamarindo and is bordered by over 750 meters of public road frontage. Parcel A ´s rolling hills provide excellent ocean views and territorial views and provide a high percentage of buildable land for future construction. The parcel has a number of beautiful old trees and also a grove of Pochote trees. The Developer of Tamarindo Vistas has constructed three private access roads of more than 600 meters for use by the Buyer of Parcel A. These roads highlight the natural beauty of the parcel and can be used by the Buyer to access future home sites.

Parcel B is dominated by a series of ridges which run across the property offering breathtaking ocean and territorial views. This includes one of the best views of all the development parcels. The varied topography of the land ensures that all future home sites will be very private. The smallest parcel of the three development parcels, it will be simple to develop into future home sites. It has stunning views, over 450 meters of public road frontage and easy access from the shared roads constructed by the Developer of Tamarindo Vistas.

Parcel C is the largest development parcel of the three, but also the lowest priced on a  per square meter basis. The parcel has a large variance of terrain throughout the parcel. The ocean views stretch across multiple ridgelines, providing views of the crashing waves on Playa Grande and the beaches of Hacienda Pinilla. The rolling terrain in the Northern section of the parcel provide ocean views, a forest of Teak and Molinda trees and a beautiful stream which runs off the nearby waterfall. This parcel will allow the Buyer to develop and sell a diverse product of ocean and territorial view, forest and meadow setting home sites, all with something special, whether it’s the blue of the ocean or the green of the forest or the flowing mountain stream.

Possible development plans:
The Developer of Tamarindo Vistas has composed a proposed plan for the development of each of the parcels. This proposed development plan consists of home sites which are typically no smaller than 5,000 square meters (1.25 acres). This plan uses the topography, boundaries and road system to maximize the number of ocean view home sites on each parcel. The proposed plan recommends the number of home sites for each parcel and has determined if each home site is ocean view, territorial view, or in a forest or meadow setting.

Parcel A has a large percentage of ocean views among its planned 41 home sites. The elevated terrain of the parcel allows for 16 ocean view home sites and an equal number of elevated territorial view home sites. The 8 home sites set among the meadow, border the over 750 meters of public road and average 5,000 square meters each. The 1 forest setting home site in the parcel is located in a grove of Pachote trees with some elevated views. Parcel A has an allocation of 41 municipal water connections.

Parcel B has an abundance of ocean or territorial views on the planned 33 home sites. The multiple ridgelines that run throughout Parcel B allow for at least 12 ocean view home sites and 12 territorial view home sites. These sites provide stunning views of the blue ocean of Costa Rica and the green valleys of the Tamarindo area. Parcel B has an allocation of 33 municipal water connections.

Parcel C has a large variance of terrain throughout the parcel. The largest development parcel of the three, has 54 home sites planned. The majority of the parcel has ocean or territorial views. The 16 ocean view home sites have sweeping ocean views to the north towards Playa Grande and to the south towards Hacienda Pinilla and Playa Avellanas. This parcel has 16 elevated territorial view home sites with excellent views. Parcel C has 16 home sites in a forest setting. These home sites are nestled among Teak and Molinda trees and bordered by creeks. Some of the forest home sites are 100,000 square meters (2.5 acres) or more, which provide a private and tranquil setting. The remaining 6 home sites are set among the meadows of the parcel. Parcel C has an allocation of 54 municipal water connections.

Infrastructure:
All three development parcels share common roads that run throughout the project. These roads act as the boundary between the parcels, ensuring easy access to each parcel from all sides and creating a natural boundary between the parcels. Each development parcel Buyer can construct private roads off of the project's shared roads to access the future home sites located within each parcel. All of the development parcels also share a boundary with, and have direct access from, a public road. On each of the parcels, the Developer of Tamarindo Vistas has constructed private roads to access key portions of the parcel. These private roads are only for the Buyer of that development parcel and can be used to access future home sites within that parcel. A small portion of the road to be shared by all parcels is constructed as an easement in perpetuity. This road travels through land not owned by the Developer of Tamarindo Vistas. This easement road provides one of the four direct access points from the public road to all the parcels.

All development parcels are provided with a specific number of guaranteed legal municipal water connections. A water line has been constructed which runs from the town of Santa Rosa´s municipal water system to a holding tank located on the Tamarindo Vistas project. From this large project holding tank, water will be supplied to all parcels via a water line which will be run to the boundary of each of the three parcels. The Buyer of each development parcel will then be able to extend the water line to service the needs of their individual development. All parcels will have access to electricity as supplied by Coopeguanacaste, the electrical company for the area. Power will be extended from its current location so that it borders each of the parcels. The Buyer of each development parcel will then be able to extend the electrical lines to service the needs of their individual development.

Sale packages:
The three parcels are offered for sale under the following terms:

Parcel A           
Size: 246,656 square meters (61 acres 25 hectares)
Price: $1,788,000 ($7.25 per square meter)
Allocated Municipal Water Connections: 41

Parcel B            
Size: 183,675 square meters (46 acres – 18 hectares)
Price: $1,268,000 ($6.90 per square meter)
Allocated Municipal Water Connections: 33

Parcel C           
Size: 356,337 square meters (87 acres – 36 hectares)
Price: $2,050,000 ($5.75 per square meter)
Allocated Municipal Water Connections: 54


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