Crystal River: 50+ Lot Development with Ocean Views*

Fantastic Opportunity Ready to Go Development with Water and Hydro* at only $17,900/lot!

Grab this fantastic investment of a 50+lot development property situated off the the 160, half way between Tamarindo and Nosara, bordering Playa Lagarto Eco Development.
Perfectly located as home base for future residents enjoying easy access to Liberia airport (95 minutes), Tamarindo (45 minutes) or Nosara (95 minutes).

Size 280,074 m2 / 70 acres / 28 Hectares.
A deep well exists that will have water for 50 or more homes.
Electric service is available.
Already a a few km’s of internal roads have been cleared, leading to 6 ocean view sites, up on the hill.

Other sites have partial ocean view or jungle views.
This development represents an opportunity rarely seen, at a land value/location prices at, in our estimate, two to three times less than it’s potentiated value.

As an investor, we will introduce to the team that will plan, build and market this development, on your behalf, on a contractual or limited partnership basis. A complete house catalog is available.

A 10-room hotel and a restaurant could be added – extra revenue and additional JV value.

Offered at US$895,000, or $3.2 / sqm, which is only $17,900 per lot, based on 50 lots!

Call us for more information and to schedule a tour!

The Opportunity:

• Extremely low price per lot
• Water and Power availability
• Some roads already in place
• Site plans ready
• House Catalog and Home Builders ready
• Legal, Sales and Marketing ready
• High profit potential
• High appreciation potential

The Possibility:

• Similar lots sell from $50,000 to $250,000
• Sale of 50 lots at average of $65,000 per lot (low estimate), yields $3,250,000
• Sale of 50 homes would bring an ad additional per $5,000 home, totalling $250,000
• Total potential revenue est. $3,500,000
• Developer expenses est. $1,150,000
• Gross $2,350,000
• Land Cost $895,000
• NET PROFIT $1,455,000

Return on Investment:

• IRR 71%
  • $1,455,000/(895,000+1,150,000)= $1,455,000/$2,045,000 = 71%
• Over 3 years 23.7%
• Over 4 years 17.75%
• Over 5 years 14.2%

We believe that Crystal River is a gem waiting to be discovered. The potential is ready to erupt with the right investment available. Contact us to book a virtual tour.

Crystal River Gallery

*REQUIRED DISCLAIMER: All figures are estimated and assumptive. Not all lots of have oceans. We do not warranty nor guarantee performance or accuracy of the information. We recommend all investors to conduct a thorough and independent due diligence process.