Premier Development Opportunity in Manuel Antonio – Montebello

Manuel Antonio
  • $5,900,000
For Sale
  • Lot/Land
  • Property Type
  • 15.2
  • Lot Acres

Property Description

Discover a rare investment opportunity in Manuel Antonio with Montebello, an exclusive development property located less than 1km from Manuel Antonio Beach. Situated along the main road, this expansive property offers one of the largest and most easily developable sites in the area.

Boasting a long ridge line, Montebello offers breathtaking views of the ocean and islands, culminating at the edge of Manuel Antonio National Park. The park is renowned for its abundant wildlife, including monkeys, sloths, and toucans, providing a unique natural setting for your development.

The property is primed for development, with clean and ready-to-go building areas. Included with the property are $100,000 worth of crucial water rights, ensuring sustainable development. The proposed project for phase one includes 290 total units, comprising a 122-room hotel and 138 condos. The remaining land can be utilized for further development of ecotourism ventures.

The hotel component features 122 rooms, with an average size of 372 sq.ft., spread over 6 stories of construction. The condo portion consists of 16 separate buildings, each with 6 stories and one or two units per floor, totaling 138 condos. These range from 1225 sq. ft. to 3403 sq.ft., with 96 three-bedroom units and 42 two-bedroom units.

The distribution of the condos offers various options, including three-bedroom units with ocean views, two-bedroom units with spacious layouts, and more. The property also features additional development potential on the phase two side, which includes a flat top hill and borders the national park.

With the completion of the Marina Pez Vela and its subsequent phases, Montebello presents an ideal opportunity for hotel development. Positioned in Manuel Antonio, this property offers a significant advantage over other development properties, providing a head start of at least 2 years in the area’s competitive market.

Don’t miss this chance to invest in a premier development opportunity in Manuel Antonio. Contact us today to learn more about Montebello and its potential for your next project.

Property Details

  • Property ID EHC-2497
  • Price $5,900,000
  • Land Area 15.2 Acres
  • Property Status For Sale
  • Property Type Lot/Land

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