Peñón Guacalillo: Vertical and Commercial Development Opportunity

This property represents a strategic asset in the Central Pacific, located in a high-appreciation area with unique topographical features that allow for panoramic ocean views.

1. General Property Details

• Location: Bajamar, Tárcoles, Garabito Canton, across from Peñón Guacalillo.

• Combined Total Area: 5,228.24 m².

  • Lot No. 2: 2,100.81 m².

  • Lot No. 3: 3,127.43 m².

• Public Street Frontage: Approximately 97 meters of total linear frontage (40.07 m from Lot 2 and 57.11 m from Lot 3).

• Sale Price: $1,307,060 USD (Calculated at $250 per m²).

2. Development Parameters (Land Use)

The land use certificate US-RMU-8451-2020 confirms that the land is suitable for Tourism and Commercial purposes.

• Permitted Use: Vertical residential development (condominiums), commercial spaces, and lodging uses.

• Density:

  • Residential/Commercial: 1 housing unit per 120 m².

  • Lodging: 6 rooms per 280 m².

• Maximum Coverage:

  • Residential/Commercial Use: 75% (up to 80% on corner lots).

  • Lodging Use: 70%.

• Building Height: Regulated by INVU, allowing up to 1.5 times the width of the main road, with the possibility of greater height based on the proposed facade alignment.

3. Strategic Advantages

• Connectivity: Located within the Paso de las Lapas biological corridor sector, offering a pristine natural environment.

• Conforming Use: The property has a conforming land use certification for the proposed developments.

• Infrastructure: Direct access via municipal street.

Peñón Guacalillo: Vertical and Commercial Development Opportunity

This prime property in Costa Rica's Central Pacific offers a unique investment opportunity for high-density residential and commercial projects, with stunning ocean views from the cliffs.

1. Property Executive Summary

• Location: Bajamar, Tárcoles, Garabito, adjacent to the famous Peñón Guacalillo.

• Combined Total Area: 5,228.24 m².

  • Lot No. 2: 2,100.81 m².

  • Lot No. 3: 3,127.43 m².

• Public Road Frontage: Approximately 97 linear meters (40.07 m for Lot 2 and 57.11 m for Lot 3).

• Sale Price: $1,307,060 USD (at a rate of $250 USD per square meter).

2. Development Restrictions (Zoning - Land Use)

According to the official zoning certificate US-RMU-8451-2020, the land is designated for tourism and commercial use.

• Permitted Uses: Vertical residential development (condominiums), commercial spaces, and hospitality services.

• Density:

  • Residential/Commercial: 1 housing unit per 120 m².

  • Hospitality Services: 6 rooms per 280 USD per square meter.

• Maximum Coverage:

  • Residential/Commercial: 75% (80% for corner lots).

  • Hospitality: 70%.

• Building Height: Governed by INVU regulations, allowing a height of 1.5 times the width of the main road, with the possibility of increased height based on building setbacks.

3. Investment Highlights

• Prime Location: Strategically situated near the Paso de las Lapas biological corridor, ensuring a unique natural appeal.

• Zoning Compliance: The property holds a "Conforming Use" status for the planned development projects.

• Logistics: Direct access via municipal public road.