|422 acres Ocean-View -
This development or land bank opportunity is located in the Portalon/Savegre area, about 30 minutes south of Manuel Antonio and 30 minutes north of Domincal. It is a fantastically priced opportunity in a quickly moving market. The 'Savegre Ocean-View II' package consists of 2 different farms which share a common boundary, both of which have ocean views:
1) 66 hecs (163 acres) - $400,000
2) 105 hecs (259 acres) - $650,000
Conservative estimates of the number of large, private, ocean-view plantels are: 40. This amounts to a per-plantel unit cost of less than $27,000! And this doesn't take into account any non-ocean-view plantels. Furthermore, the properties are located just a few kilometers from the coastal highway--which, at this moment, is in the process of being paved.