Location: Playa Panama, Guanacaste, Costa Rica
Punta Vista Bahia in the Gulf of Papagayo presents a unique investment opportunity in one of Costa Rica’s premier locations. This beachfront property is situated at the southern tip of Playa Panamá, offering unparalleled access to both nature and luxury.
**Beach Frontage:**
- Approximately 148 meters of private beach access.
- Secluded Playa Chorotega beach, accessible only through the property or by boat.
- Scenic roads lead to this tranquil oceanfront haven, ideal for aquatic activities.
- Located just 15 minutes from Playas del Coco, providing easy access to many regional attractions.
**Property Details:**
- Total Area: 72,000m² (17.80 acres).
- Current Development: 32 resort hotel units, each 645 sq. ft.
- Approved Master Plan: Expansion for a total of 152 units, including 100 additional units and 20 commercial spaces.
- Total INVU Approved Construction Units Area: 163,821 sq. ft.
- Sales and Design Flexibility: Allows for the sale and merging of units, with high-end design options and access to a beach club and luxury amenities.
**Key Features:**
- **Pier and Marina Potential:** Additional 25,000m² (6.18 acres) of land and numerous acres of water available. Potential for boat docks accommodating 49 small boats (5-15 meters). Environmental studies confirm no coral presence, enabling significant pier and marina development integrated with the resort and Playa Panamá community. Preliminary approval received; final approval pending a marine survey and formal report.
- **Casino Approval:** Approved by ICT for Phase II development, with all documentation available.
**Prime Location:**
- Just a 25-minute drive from Daniel Oduber Quirós International Airport in Guanacaste (LIR).
- Near prestigious resorts such as the Four Seasons, Ritz Carlton, Andaz, Mangroove Marriott, Occidental Grand Papagayo, and the new Waldorf Astoria resort opening in late 2024.
- Known for its family-friendly atmosphere and calm waters ideal for kayaking, snorkeling, and scuba diving.
**Vacation and Retirement Destination:**
- Costa Rica is a top vacation and retirement destination, with Guanacaste known for its stunning beaches and mountain landscapes.
- The region is prominent in eco-tourism and medical tourism, attracting those seeking sustainable travel experiences and high-quality healthcare.
- The Papagayo area is growing, offering lucrative opportunities for investors, developers, and hotel operators.
For more information on the INVU approved master plan, or to schedule a visit, inquire now. This is a rare and exclusive opportunity for high-end developments and discerning investors in the thriving Papagayo area.
The seller is open to cooperation with any developer, investor, or hotel chain, and extensive material is available to support the development of this property. _TV
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