Monkey View 925: Prime Development Opportunity in Playa Hermosa

Playa Hermosa, Sardinal, Guanacaste

  • US$ 1,450,000 For Sale
  • US$ 1,450,000 For Sale
  • 8,524 m² Lot Size

Details

  • Type: Land
  • ID: EB-SD1677
  • Agent: Palm RE Sales

Description

Monkey View 925: Prime Development Opportunity in Playa Hermosa

This expansive 8,524 m² (2.1 acres or 91,733 sq. ft) property in Playa Hermosa offers a versatile development opportunity. With approximately 150 meters (492 ft) of depth, dual access from the main road and a public access point at the rear, and preliminary plans for multi-use development, it’s an ideal site for a range of projects. Located within walking distance to the beach, this lot combines convenience and potential in one of Guanacaste’s most desirable coastal towns.

Key Features:
- Development Flexibility: Suitable for various projects, including compact villas, mid-range condos, or a mixed-use complex featuring a commercial plaza with walking paths and shared common areas.
- Potential for Ocean Views: The rear of the property offers ocean views starting from the second floor, with preliminary plans for four-story residential towers.
- Proximity to Luxury Communities: Borders the upscale Monte Bello community, known for million-dollar homes, while Playa Hermosa itself boasts sought-after condos like Hermosa del Mar, which range from $400,000 to $650,000, with penthouses exceeding $1 million.

Market Opportunities:
Playa Hermosa offers a significant opportunity for developers to address the growing demand for well-designed condos and smaller villas. Inventory is low, with few options available under $450,000. Homes and villas with attractive layouts, efficient use of space, and modern construction are highly sought after.

Based on the property’s 8,524 m² size and 75% land use allowance, this lot can accommodate approximately **40 lots of 120 m² (1,292 sq. ft)** each, leaving ample space for shared amenities, recreational areas, or creative development visions. This flexibility makes it ideal for developers targeting families, vacationers, and professionals working in the area, including those managing nearby luxury resorts like the Mangroove Marriott, Four Seasons Papagayo, and the soon-to-open Waldorf Astoria (scheduled for early 2025).

Why Playa Hermosa?
Playa Hermosa is a vibrant beach town blending relaxation and convenience. Its pristine beach, dining options, and proximity to Guanacaste International Airport (30 minutes) and Playas del Coco (10 minutes) make it highly attractive for locals, expats, and tourists alike.

Take Action:
Explore how Monkey View 925 can align with your development plans. Whether you envision condos, villas, or a mixed-use project, this property offers endless possibilities to meet the growing demand for beach lifestyle living.

We can assist you in connecting with architects, contractors, project managers, and other professionals to bring your vision to life. Contact us today for more information

Location

Playa Hermosa, Sardinal, Guanacaste