Hotel Development Property for $100/M2

Commercial Property Summary

Listing Overview: The piece of property includes plans to build a hotel on it. It is generally flat and open with several trees, mostly along the property line. This property borders a similar property (listing #473099) with almost 20,000 m2.
Municipality: Alajuela
Land Area (M2): 17,586
Property Size (M2): 17,586

Site Detail

Location Summary: This parcel is several hundred meters off of the Santa Ana/Belen thoroughfare. The International Airport is only 15 minutes away and the San Jose/Caldera Highway is 5-10 minutes away.
Highway(s) Access: 3 Kilometers to the SJ/Caldera Highway
Meters of Road Frontage: 28

Commercial Land Details

Land Description: This parcel is deep and has 28 meters of road frontage on its southern border. Its northern border is the Bermudez River and both the Western and Eastern sides of this property are bordered by similarly shaped and sized properties.
Terrain Summary: The terrain is mostly flat with overgrown grass and shrubs. There is a gradual slope as one walks toward the northern side of the property. This slope becomes much steeper only in the final 40 meters before the Bermudez River. The are where a planned hotel could be built has been recently grazed and can be seen in the photos.
Key Features: Size, Views
Other Views: Mountain Views
Potential Uses: Hotel
Planned Uses: 10 room, 928 m2 hotel
Percent Buildable: 60%