$12,795,000

This 16 hectares (40 acres) parcel in Playa Grande, Costa Rica, is an extraordinary asset due to the extreme scarcity of titled oceanfront land in the country, combined with its absolutely prime location in a booming area. This represents an exceptional opportunity to create an ultra luxury family compound. This parcel is tucked along Playa Grande, Guanacaste - one of the fastest-growing beach communities in Costa Rica. Its topography is entirely flat; utility access has been confirmed; the developable space has been clearly/legally defined. Since 2021, prices for residential lots and homes in Grande have more than doubled due to several factors. First and foremost, the Playa Grande surf break is world-renowned, attracting surfers from all parts of the globe. The waves have always brought tourism into the community. Second, key environmental and water issues were fully resolved, allowing for development in the community, at the same time that a wave of expat families and digital nomads flooded Costa Rica in the 2021-23 post-COVID relocation boom. The area now has clear boundaries for its national park, as well as the developable areas - and with the final hurdles cleared, construction in the community soared immediately. Third, Grande is located in a corridor with the key amenities that attract expats, including private schools, healthcare facilities and a well-connected international airport. The rapid increase in the area's private school enrollment is evidence of a trend that is palpable in Guanacaste - more people than ever want to visit or move to Costa Rica. The government's pro-foreign-investment policies have created a region that is ripe with opportunity and a growing audience; 2023 is set to be a record year for international arrivals in Costa Rica. For serious investors looking to create a legacy property, there is little oceanfront land for sale that compares to this Playa Grande parcel - contact us for more information.