Lake Arenal, Costa Rica, real estate for sale
B55 14.3 acres, all permitting and plans for 8 luxury condos - $750,000
A European developer has done all that is necessary to bring this investment project, Bulgari Estates, to the brink of construction. He picked out a fine piece of lake and volcano-view property, obtained all local and national permitting (including environmenta approval), and oversaw the designs right through to the complete architectual drawings down to the minutest construction detail. The 14 acres is divided into eight lots, with the two pictured condo buildings occupying one lot, and one chalet apiece to be built on the other seven. The developer has set an extraordinary low price, giving someone else with fresh energy an opportunity to profit from the great concept and all the work he has done. Unlike the beach areas, where there are thousands of condos, there is at Lake Arenal only one condominium building (with 5 condos) and a handful of townhomes. A major condo project on the west side of the lake has been stymied by environmental concerns. In contrast, Bulgari Estates, on the east side of the Lake near Nuevo Arenal, has water and electrical services ready to go. The lakeview land by itself, 58,000 square meters, is worth much more than the $12.93 per square meter this owner seeks for the whole project. He is willing to discuss financing options with buyers.
The 8 condos as currently designed will be in two building with common areas that include a swimming pool, BBQ rancho, and chirldren's area.
The 8 condos are stair-stepped to provide enjoyable outdoor and indoor spaces. Each has a master suite and 2 smaller suites and a multi-purpose room in addition to the main area, which combines the kitchen, dining space and living room. Each terrace is over 700 square feet. Common areas are to include a swimming pool, rancho, and children's area.
Below are more artist's rendering of the architectural designs.
Each condo has a very large deck on which to enjoy the lake and volcano views and the semi-tropical climate of the beautiful mountain location. The floor to ceiling glass provides fantastic lake and volcano views.
The floor-to-ceiling glass brings the outdoors in.
Here's is the floor plan for the first-floor condo. The floor plan for the third-floor condominum.
Each of the four condos has a slightly different size and design.
The European styling results in a beautiful and clever kitchen with wonderful brightness and views. The dining area in this open-concept condo also has 360-degree views.
The kitchen concept.
The dining area.
A bedroom concept by the current developer. Another colorful bedroom concept.
Bedroom concepts.
This view from a condo's second level, the main level, shows a bedroom/bathroom below. Each condo is ingeniously designed to have two levels as can be seen in this shot from a lower-level bedroom/bathroom.
The condos each have two 2-level suites as well as a master suite on the upper level.
TelUS Phone:(318) 239-9990 Costa Rica Phone: +506-2694-5000   
Founded by a Broker previously licensed in Colorado and Washington