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Type of property: Beach
Price: $3,500,000 ( just $45.39M2)
Description:

OCEANVIEW COMPASS POINT –
PLAYAS DEL COCO, GUANACASTE, COSTA RICA

Description of Location:

Compass Point is located on the main road to Playa Hermosa. The property is overlooking the new Playas del Coco Marina 2008. The project is located twenty (20) minutes from the Daniel Oduber International Airport and thirty (30) minutes from Liberia where you will find a modern hospital, clinics, banks and many other amenities. The project is four kilometres from the new PGA golf course and spa to be constructed in the near future at Cacique (newly purchased project of Steve Case, owner of AOL (America On Line). Steve Case will be developing the Miraval Hotel Resort & Spa and the One & Only Resorts and PGA Golf Course. The Regency Hotel is being constructed in Playa Hermosa and the Westin Hotel in Playa Panama, Guanacaste.

Plano Catastro Number: #G-105-4450-2006

Finca Filial: #5-147941-000

Size of the Property: 77,100 Square Meters = 19.04 Acres

Zoning: Residential and Commerical-
Hotel – Condominiums – Single Family Homes

Master Plan: The Master Plan is in progress for a proposed one hundred plus (100 plus) Condominium Development, Clubhouse, Swimming Pool and Restaurant. The entrance design is completed.

The roadway and building terrace locations have been 85% completed. The Civil Working Drawings are completed as of May 2007. These Plans are available for viewing on request.

The Environmental Study is completed May, 2007. We have subscribed for one hundred
water line hook-ups for this project. The supply of the water has been confirmed and approved by AyA Water Corporation and El Coco Water Trust.

Soil Studies Soil Analysis completed October, 2005.
(see attachment)
The Developer has not included in the Master
Plan the design of any condominium renderings
or floor plans. (CRMC –Costa Rica Marine
Consulting S.A. may assist in the provision of
Drawings for a prospective buyer.

Sewage Treatment Plant: Pre-Approved and operated in conjunction with Condominium del Bosque in Playas del Coco. The prospective buyer may or may not want to be included with the general sewage treatment design. The buyer has an option to have their own sewage treatment plant on their own property utilizing the same approved design.

Underground Utilities Communications, T.V., Internet, Telephones and Satelite T.V. The Fast Track Construction method will be applied in the development of the utilities. All the utilities are close by and very accessable.

Water: Water service will be supplied by the AyA and the Coco WaterTrust. The Reservoir will be built in the project next to Compass Point – Vista Hermosa. The AyA Water Corporation maintains the supply. As noted above in the Master Plan, one hundred (100) water line connections have been subscribed for and approved.
(More information available upon request).

Roadways: The roadways will be interlocking paving stones and concrete – curbs and gutters.

Contracts have been issued for rough-in of roadwork to the end of the property at Ocean- View. This is now completed as of Jan. 2007.

Construction is presently underway for completion of the road and the preparation of the building terraces. This work has been completed as of January 2007. This is included in the purchase price.

The Developer’s continue to add value to the project and the price is subject to change without notice. The price of the property includes all permits and Working Drawings as built.


Sales Price$3,500,000.00 = $45.39 per Sq. Meter