This ocean-view property is the ideal real estate acquisition to take advantage of the town’s inevitable expansion. It is naturally level, requires little grading, and is 90% cleared for immediate development. The subject plot is the nearest broad, level land to the current town center, and sits immediately above the steep cutbacks that climb out of the town, on the final ridge before the peninsula drops down to a nearby town and the coast.
It enjoys unobstructed views of the Gulf of Nicoya and the Pacific Ocean. The parcel is 350 meters from town, a mere 15-minute walk or three-minute drive from shops and beaches. All newly arriving visitors must pass the subject property in order to arrive at the town, giving restaurant, retail, commercial, and hotel traffic an important advantage in attracting clientele. Ideal for mixed commercial-residential development, preliminary plans have already been drafted for a park-like retail and apartment complex. The property has direct access to municipal water and electricity and is immediately ready for building. It also backs onto the forested creek, giving the property both privacy and an attractive backdrop for patios and promenades. The asking price for Montezuma’s cornerstone residential or commercial development parcel is $820,000.