STRATEGIC DEVELOPMENT OPPORTUNITY IN CHOMES / PUNTARENAS

This expansive 320.47-acre agricultural and cattle estate in Chomes, Puntarenas, is offered with fee simple title, providing clear ownership rights for foreign buyers. Annual property taxes in Costa Rica are assessed based on the registered cadastral value of the land and any improvements. For this property, the main two-story residence spans 288 m², complemented by a service staff house and operational infrastructure. Closing costs typically range between 2% and 4% of the purchase price, encompassing notary fees, registry charges, and legal expenses, in addition to a property transfer stamp tax of approximately 1.5% of the declared transaction value. With a total list price exceeding one million dollars, this investment may also qualify buyers for consideration under Costa Rica's residency-by-investment programs, subject to official approval processes.

This expansive 827052 m² property, located in Chomes, Puntarenas, offers a unique opportunity at USD 1331728. The main residential estate features a two-story residence with 288 m² of construction, providing 3 bedrooms and 2 bathrooms. This structure is complemented by an additional service staff house, ensuring comprehensive accommodation options. The property is fully equipped with essential infrastructure, including reliable electricity, potable water, and internet connectivity.

The grounds include operational infrastructure such as sheep facilities, highlighting the property's agricultural versatility. Beyond the residential core, the estate encompasses diverse parcels. One prime development parcel, mostly flat and surrounded by public roads, features a stream crossing and mature timber trees, with available electricity and potable water. Another riverfront parcel borders the Lagarto River, boasting 500 Mesino lemon trees and a private forest area, home to howler monkeys. A high-exposure commercial and residential parcel, completely surrounded by public roads, offers flat, usable terrain with water and electricity access, alongside cattle loading infrastructure.

For buyers from the US and Canada, fee simple ownership is permitted, ensuring straightforward property acquisition. Annual property tax is based on the registered cadastral value, a standard practice in Costa Rica. Closing costs typically amount to around 1.5% for property transfer stamp tax, with an additional 2-4% covering notary, registry, legal fees, and other stamps.

This expansive 320.47-acre estate in Chomes, Puntarenas, offers a strategic entry point for those looking to buy property in Costa Rica, particularly US and Canadian buyers seeking significant investment opportunities. Located in the heart of Costa Rica's Pacific region, an area experiencing substantial growth in tourism and residential development, the property benefits from exceptional accessibility. It is situated merely two miles from the Pan-American Highway (Route 1) and boasts extensive public road frontage, ensuring ease of access for any envisioned project. The micro-location of Chomes, Puntarenas, provides a unique blend of rural tranquility and connectivity to key amenities and attractions. Playa Blanca is a mere 10-minute drive away, offering coastal recreation, while the renowned cloud forests of Monteverde can be reached in approximately 1 hour and 10 minutes. For international travelers, Liberia International Airport is about 1 hour and 40 minutes distant, simplifying logistics for owners and guests alike. This makes the region particularly appealing for Costa Rica real estate for Americans and Costa Rica homes for Canadians, whether for retirement, remote work, or a lucrative investment.

The climate in Puntarenas is typically warm, with a distinct dry and rainy season, characteristic of Costa Rica's Pacific coast. This climate supports a variety of agricultural endeavors, as evidenced by the 500 Mesino lemon trees on one of the parcels and the existing cattle infrastructure. The presence of the Lagarto River and private forest areas, home to wildlife like howler monkeys, enhances the appeal for eco-tourism and wellness retreats. The robust cellular signal and existing infrastructure, including electricity and potable water, across various parcels, underscore the readiness for development. This property is not just land; it's a foundation for diverse ventures, from eco-lodges and boutique hotels to residential communities and agricultural tourism. The ability to control a strategic position in Chomes, Puntarenas, Costa Rica, offers long-term appreciation potential for expat real estate Costa Rica investors. The area's character is defined by its agricultural roots and burgeoning tourism, providing a lifestyle that can encompass farming, surf (at nearby beaches), or simply enjoying the natural beauty. This offering is ideal for those looking to buy property in Costa Rica with a vision for substantial development in a high-growth corridor.

This 320.47-acre estate in Chomes, Puntarenas offers a compelling investment proposition for the discerning buyer. The property's strategic location, just two miles from the Pan-American Highway, positions it within Costa Rica's rapidly expanding Pacific region, a corridor experiencing significant growth in tourism and residential development. While specific rental income projections are not guaranteed, the potential for both short-term and long-term revenue streams is substantial, given the diverse development opportunities. This includes eco-lodges, boutique hotels, residential communities, and vacation rental projects, each catering to distinct market demands. The current market in Costa Rica presents a timely opportunity, with properties offering public road frontage, infrastructure, and large acreage becoming increasingly scarce.

The overall price of $1,331,728 for 129.68 hectares translates to approximately $1.03 per square meter, offering a competitive entry point compared to regional averages for prime development land with such extensive infrastructure and accessibility. This makes it an attractive acquisition for visionary developers, hospitality groups, and eco-tourism investors. An ideal buyer for this property is one seeking to capitalize on Costa Rica's growth, with an interest in large-scale, multi-use development. Exit strategies could include subdivision and sale of individual parcels, development and sale of completed projects, or long-term appreciation as the region continues its upward trajectory. Foreign buyers are permitted fee simple ownership, simplifying the acquisition process. Annual property tax is based on the registered cadastral value, a crucial consideration for long-term holding. Closing costs, encompassing notary, registry, legal fees, and stamps, typically range from 2% to 4% of the purchase price, with a property transfer stamp tax of approximately 1.5% of the declared transaction value.