Costa Rica Real Estate, from Coast to Coast, the Right Way!!!

Fire Sale Nicoya Peninsula 502 Acre/204 Hectares Teak Farm at only $1,190 per acre/$0.294 per meter

  • $599,950
Nicoya, Nicoya Peninsula Beaches
  • Farms and Ranches
  • Property Type
  • 2040000
  • Lot size (m2)

Overview

MLS ID: 61974
  • Farms and Ranches
  • Property Type
  • 2040000
  • Lot size (m2)

Property Details

  • MLS ID: 61974
  • Price: $599,950
  • Lot Size (acre): 501
  • Lot size (m2): 2040000
  • Location: Nicoya Peninsula Beaches
  • City: Nicoya
  • Property Status: For Sale
  • Property Type: Farms and Ranches

Property Description

Fire Sale Nicoya Peninsula 502 Acre Teak Farm at only $1,193/acre for sale. This beautiful farm consists of 2 adjacent farms in Nambi of Nicoya. They are touching a main road just minutes off route 21. It can be kept as a teak farm, subdivided and sold for development of houses or smaller farms, or perfect for development of eco-tourism resort.  It has flowing creeks, streams, and springs on the property for home and animals or crops. Since early 2020 over 3,000 teak trees have been planted on the property and ongoing maintenance and expansion of teak operations continue to exist with a total of 4,476 trees as of February 2024. Price reduced from $632,400 to $599,950. 

The owner is motivated to sell and will consider all reasonable cash offers that include proof of funds with the written offer.  Please email us with questions or for more information about financing for qualified buyers can be procured for about 50% of the asking price.

Can provide a September 2015 appraisal showing the total market value of properties over $1.9 million.

Property Features

  • A mix of land with flat open spaces and hills with existing trails/roads through the property.
  • Panoramic views from high elevation points; including ocean views.
  • Located in an area that is only a little over an hour from the Liberia International Airport and less than 1 hour from famous beach towns such as Samara and Nosara. This property is able to provide farmland or wood while also being perfect for developing into eco-style housing or providing tourism-related activities.
  • Priced to sell and to allow future owners to make money from the land.

Email us today to arrange to see this Fire Sale Nicoya Peninsula 502 Acre Teak Farm at only $1,190/acre.

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Robert “Blu” Stewart
  • Robert “Blu” Stewart