Development For Sale San Mateo Ad:899101

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$10,900,000

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Development
For Sale
San Mateo
Costa Rica

Beautiful property of 64 hectares, strategically located in the area of future
industrial and commercial development.
Amazing property, perfectly suitable to meet the rapidly-growing market
for mid to high-end housing in the area of San Mateo / Orotina, Costa Rica.
Abundant nature with limitless possibilities for creating a unique living
concept.
Only 45 minutes from San Jose and 25 minutes to the Pacific Coast.
It is perfect for condominium or for “close type” residential area

Details:

Total property area: 64 ha (640,268 m2)

• Phase1: 24 ha (240,483 m2) - 49 registered lots, not segregated from the
mother estate yet. (attached file). It would be segregate as soon as they are
sold. Flat land, ready to develop.
• Phase 2: 40 ha (399,785 m2) additional land with more than 50% of flat
terraces and soft, buildable hills with excellent views of the sea and
mountains, reaching the Machuca River south of the property. (GOOGLE
map attached)
• The newly cut inner road with the entrance with preview for the gate
• The AyA Facility in each lot (Costa Rican Institute of Aqueducts and
Sewers) ready to be connected
• 3 own water wells, 2 duly registered, with high capacity searches (10 cc p
/ lt3) and 2 unregistered with the same capacity. The current availability of
the water source, the property can register and operate its own ASADA at
the time of development.
• Constant current maintenance of the land, cleaning of natural garbage
and grass cut.
• Building permits issued by the Municipality of San Mateo
• Environmental study approved by SETENA (National Environmental
Technical Secretariat), including land use. It takes more than 250 pages of
information. We conducted this study for agricultural plots for the type of
business we thought we would do. We have a regent who keeps this
document in force.
But there is no problem of changing the condition from agricultural
parcels to smaller lots because the Municipality of San Mateo still has no
approved regulatory plan, and changes are allowed. The change of
condition would last approximately from 1 to 3 month of time, because the
general information is already ready.
• Cooperative attitude of the Municipality of San Mateo and availability of a
single window to speed up the remaining procedures. The area really
urges new developments.
• The farm has the following buildings:
- Excellent country style house, which can be used for administration and
sales.
- 2 rustic cabins with the lake with tilapia from a natural spring,
- 1 white prefabricated house near to the main street, special for a builders`
office,
- 1 old wooden house at the entrance, facing the main street, which needs
improvement, and can be used for guards and external security.
- An out-of-use ranch, which was previously a tourist center, and which
would serve for the campsite for workers, or warehouses in a future
development. It has a swimming pool, meals area, large equipped kitchen
and 14 bathrooms with showers. All needed the improvements.
• The farm has a very extensive plantation of cassava trees and mangoes
of export quality, which between both plantations produce more than C
10,000,000 (each crop) in at least 2 crops per year. And the farm is apt to
be rented for livestock, which eventually reduces the maintenance costs of
grass and brush. It has fences throughout the farm and appliances to
maintain salt and water deposits.

• Detailed and complete study of level curves in several planes (curvas de
nivel), this condition facilitates and accelerates the process of preparation
and approval of the construction plans

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