Development Property with a House for sale
LOCATION, LOCATION…. sounds cliché but absolutely describes this valuable development opportunity. PALMVITA ESTATES is located within minutes of the thriving and rapidly growing community of Uvita. The entrance to the Palmvita Estates development is a half a mile South of Uvita opposite the “Marina Ballena” National Park and just 500 meters (¼ of a mile) east on a private road off the new Costanera Highway. This 9 plus acre (3.7 hectare) eco-friendly property is positioned at an elevation of 250 to 300 ft. above sea level offering spectacular ocean views and continuous breezes that allow for a very comfortable and picturesque lifestyle. The property is surrounded by 250 acres of primary forest. The Front Gated entrance to the development is remote controlled and there are no public roads towards, in, or around the property, guaranteeing absolute privacy and security.
The Palmvita Estates development includes a luxurious tropical open concept 3-bedroom home with over 3,900 ft² of incredible living space, a large 700 ft² 2-tierd infinity pool, a 380 ft² roof top terrace and a small rancho overlooking the valley. In addition to the luxury home there are 5 fully serviced Lots ready to build on.
The Palmvita Estate Properties were designed to allow for a low impact private community of upscale tropical homes for those wanting to realize a lifestyle of tranquility with nature as the backdrop. Each of the Lots including the main house have incredible views of the Ballena Coast, the Marina Park, the Punta Uvita Whales Tail, Caño Island, the Osa Peninsula and Quepos to the north.
Palmvita Estates is being offered as a package deal at $1,600,000 US. The carefully planned design includes seven (7) Lots laid out in a master plan as follows;
The developer combined Lots 1 & 2 providing a 10,000 m² (2.47 acres) parcel of land to accommodate a 3,900 ft² luxury home. This beautiful home was constructed and completed and its $700,000 value is included as part of the Palmvita Estates offering.
The other 5 Lots were parceled out as follows. Lots #s 3, 4, 5 & 6 were segregated out at 5,000 m² (1.24 acres) each and Lot # 7 was segregated out at 7,340 m² (1.81 acres). The balance of the land was dedicated to roads, green areas and easements. These segregated Lots have been registered under separate title with the Registro Nacional (National Registry), in accordance with Costa Rican law for the purpose and ease of title transfer and acquisition of building permits. To further add to the ease of development and construction, the infrastructure was completed to provide each with Lot with road, electricity (underground) and water to the entrance of the Lot. In addition, the “Soil Tests” and “Land Stabilization Tests” have been completed and are available for the engineering design and the issuing of permits for new home or building construction.
Countless possibilities!! A private get-a-way for a luxurious estate or an ultra-exclusive private community with a handful of upscale homes. Furthermore, consider an upscale hotel-resort with villas scattered over the buildable plantels, restaurants, pools, private spas and facilities to accommodate the most discerning of tastes. Another possibility would be a unique wellness/spiritual/healing retreat center catering to many cultures throughout the business and corporate world offering rainforest experiences to their clientele or employees. PALMVITA ESTATES offers an unparalleled opportunity on the Ballena Coast for someone with vision and the ambition to create something unique and profitable. This is truly a developer’s dream property. For further insight into this opportunity and answers to any inquiries, please the associate representing the owners of Palmvita Estates.