Tropisphere Real Estate
8836-1238 8359-8909
2642-0345 8844-4726
Santa Teresa - Cóbano
sales@tropisphere.com
Location:
Malpais
Price:
$5.52 Million
Size:
69 Ha
Ref#:
7-80
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Malpais Ocean View Farm
At the time of this writing, this is the only large farm we know of in the Malpais area that has a reasonable price for a developer.
The land has a large hill right in the center, with gorgeous 360 degree views and many building spaces, and is surrounded by other hills and valleys, many
of which have ocean and valley views.
The land is on a public road that goes between Malpais and Delicias, and is only about 6 minutes from the beach in Malpais. The area does not yet have power
or public water. Also, the road from Malpais gets too muddy to make it to this farm in the rainy season. However, it would only cost a few thousand dollars
to improve the road so the farm would be accessible from the beach all year. Power is approximately 2km from the farm.
Small lots a similar distance from the beach in Santa Teresa are selling now for up to $100/m2 with no view at all, so it doesn't take a genius to see the
potential this farm has to a develop willing to bring in the services and then subdivide it into lots.
The size is approximate right now because the farm was last measured many years ago when the surveying techniques had a wide margin of error. The seller estimates
that the land is between 65 and 75 hectares, and is titled. The price is $8/m2 regardless of what the final size turns out to be.
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