REDUCED! Parque del Este Condo development property of 3 Acres

PRICE JUST REDUCED!  Parque del Este Condo development property of 3 Acres for sale. San Rafael, Montes de Oca – A fantastic 3-acre (12,108-m2) property for sale that is ideal for condominium development, about 1 kilometer east of Parque del Este, along the main road between Sabanilla and San Ramón de Tres Ríos.

The primary value is in the land, but there are three houses on the property that are about 50 years old yet are in excellent condition. It has about 48 meters of frontage, with a depth of about 150 meters, in an “L” shape. The property is mostly flat, with a view toward Parque del Este, in a beautiful, nature-type setting, yet located in a suburban area with a high level of residential development.

The maximum coverage is 70%, up to 3 stories, allowing up to:
–  Individual Units:  44 three-bedroom units; or 49 two-bedroom units; or 55 one-bedroom units
–  Conjunto Habitacional:  55 three-bedroom units; or 63 two-bedroom units; or 74 one-bedroom units).

It’s a fantastic location, in a peaceful setting yet close to everything (schools, restaurants, shopping, etc.). About 10-15 minutes to Mall San Pedro, UCR, etc. At an elevation of about 1,400 meters (4,600 feet), it enjoys a nice Spring-like climate year-round, with temperatures in the low 70’s F (21 C). The property is ideal for a condominium project, or for a family compound, retreat, etc. US$1,500,000  PRICE JUST REDUCED (previously US$2,100,000)

Contact me now to view this Parque del Este Condo development property of 3 Acres for sale.