595 Acre Development Land with Ocean Frontage

 

Dominical Beach, South Pacific

$6,500,000

This magnificent property consists of 595 acres, with one kilometer of oceanfront, more than enough flat land for building a golf course, and beautiful rolling hills, with stunning ocean views. Additionally, there is
an airstrip that is long enough to land small jets.


Located just 4 miles south of Dominical, in the highly desirable South Pacific zone. If one were to develop a golf course on this property, it would be the only golf course in the entire South Pacific zone of Costa Rica, as nowhere else in this vast area is there sufficient flat land that is not national park or preserve.

The price is $6.5 million, which is less than one-third of the price being asked for similar ocean view/ocean frontage parcels. Importantly, the seller is offering to finance, at: $2.0 million down payment with 10% interest for the first year and then is requesting balloon payments only for the second, third, and fourth years. Potential profits are mind-boggling and run into
hundreds of millions of dollars, depending only on added improvements.

This motivated seller is even offering to take this property off of the market, after a down payment/deposit of $250,000, which would be fully refundable for a period of 60 days!

Again. $6.5 Million. 595 acres with a kilometer of ocean frontage. Yeow!

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Email: real-estate @ hot-tropics.com

Costa Rica Phone: (506) 288-3615, 884-1264

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