• An Oasis in the City - Spectacular mansion on farm with potential for mixed

    La Garita, Alajuela
  • $16,000,000 US


PROPERTY INFORMATION

Natura is an oasis in the city, an ideal property for investors with experience in the development of world-class mixed use projects. It is an amazing and unique site that offers a combination for a luxury gated community, medical, recreational, tourism industry, educational projects, multi-family housing complex, commercial centre, etc., creating a unique address where people can live, work, study, play and meet everyday shopping and lifestyle needs within a single neighbourhood.

Strategically located at 20 minutes' distance from the International Airport Juan Santamaria, in an area with high demand, Natura counts on great topography, availability of utility services, within minutes' distance and easy access to public transportation, the City Mall, parks, Country Day School and other important schools, important medical services, community centers, restaurants, and sporting facilities.

Picking the right location is the most important part of a successful property development, and Natura is strategically located in the West side of town. Meanwhile in other areas of the popular West side of town prices are already at their peak, and the value of the investment won't significantly increase, at Natura a wise investor can buy this development farm for $34.6 m2, which adds important value to the investment.

The area of Los Llanos del Coyol in La Garita is a first class transitioning neighbourhood from rural to first class, where an investor can optimize potential appreciation and growth. This premium location is an area that is experiencing a strong process of gentrification *, which will allow for this farm to become a successful real estate project, maximizing revenue, with upscale private sector development of world class Free Zones and strong foreign investments, that trigger the need for additional housing facilities and first class services of all kinds, for hundreds of executives and thousands of employees who need to have easy access to their working places.

(*) Gentrification occurs where land is cheap and the chance to make a profit is high due to the influx of wealthier wage earners willing to pay higher prices. Real estate developers purchase land before their values greatly increase.

The property is located near the limits between the Industrial Zoning and the Residential Zoning of Los Llanos del Coyol. The Use of Land, at this first class development farm for sale in La Garita, allows for multiple uses. The property is ideal for a luxury gated community, with country club, events center and golf course, a five-star boutique hotel, retirement community, private school, wellness community, holistic health center, corporate retreat community, or all of them together since the property is so big. It also fits a private luxury estate for a family looking for maximum privacy and tranquility.