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Azulera Development Property, Playa Flamingo, Guanacaste Province, Costa Rica

  • Posted: 7/11/2023 5:03:59 AM

Neighborhood: Azulera

$23,000,000 USD

Azulera is one of the largest, oceanfront development opportunities currently available in the Guanacaste Province of Costa Rica. It is located near the center of the most desirable tourism and investment zones known as the “Guanacaste Gold Coast”. This area has moved to the forefront of attention about Costa Rica, because of its natural beauty, varied terrain, desirable climate, stunning beaches, and proximity to Costa Rica’s newest international airport at Liberia. Azulera has an overall area of 543 acres with 403 available for development. The difference is occupied with environmentally sensitive zones, some difficult terrain, and setbacks around streams and water resources. The developable area, and its varied features offer a multitude of master plan options involving residential, commercial, and hospitality uses, in oceanfront, ocean view, rolling hill, flat land, and highway frontage settings. Azulera currently has 4 legal wells able to produce 11 liters per second to support development. This will permit initial phases containing 550 residential units, approximately 1/3 of the full potential. Current regional aqueduct projects and the recent addition of desalinization technology in Guanacaste can offer a path to the full development of Azulera. Azulera is comprised of 9 separate fincas. The group has been extensively studied and prepared for sale by the current owners. While this effort remains ongoing, there is a substantial detailed information to share with serious investors after executing a Non-Disclosure Agreement (NDA). Offered in conjunction with and as a courtesy of Avicennia.