Situated along the sought-after Calle Hermosa, Hermosa Falls Estates unfolds as a development gem of 112 acres in the heart of Playa Hermosa, Central Pacific, Costa Rica. A mere 5-minute drive from the iconic Hermosa Beach, this property marries natural wonder with prime real estate potential.
The standout feature is an astonishing 90-meter waterfall, set against panoramic ocean views. Complementing this natural wonder, the property boasts legally established water wells, electrical access, an enduring internal gravel road network, and a meticulously managed reforested terrain. With minimal developmental constraints, the canvas is broad and inviting.
The present design and permits showcase a layout of 42 private residences, 7 commercial lots, and 3 private reserves. Zoning provides flexibility for residential, commercial, and hospitality avenues, allowing up to 2,313 houses. Depending on the vision, terrains can accommodate individual lots, vertical towers, or even condominium sites.
Initially a cattle ranch, the property’s roots trace back to the 1960s. Over the decades, the land has seen transformational shifts, from cattle ranching to reforestation. A noteworthy initiative in the 1990s planted over 30,000 trees, cementing the estate’s commitment to the environment.
The 90-meter waterfall is the undeniable crown jewel, complemented by a rustic treehouse and a nearby dwelling. Not to be overlooked, the entrance boasts a caretaker’s home, adding to the charm. Additionally, Hermosa Beach, just 2 kilometers away, is a surfer’s paradise. This beach, home to international surf championships, is a global attraction.
With a dedicated 49-acre reserve, the estate ensures ecological balance. This commitment safeguards diverse wildlife, from monkeys and macaws to wild boars and cougars, ensuring they flourish.
The business plan revolves around the luxury housing market. Priced between $750,000 to $3,000,000, the residences promise luxury and comfort. With the project’s worth estimated over $60 million, an ROI exceeding 100% is on the horizon.
In conclusion, Hermosa Falls Estates presents a golden opportunity for those looking to invest in Puntarenas Province, Playa Hermosa, Costa Rica. Unraveling a blend of natural beauty and prime real estate potential, this is one endeavor that promises exponential returns. Reach out to unlock a world of possibilities.