|
Costa Rica |
Global Ass'n |
of Realtors |
|
National |
Association |
of Realtors |
|
|
The only CRGAR and NAR certified Realtor at Lake Arenal, Costa Rica |
|
3 lots now available. Buy just the 3 lots for total of $110,000 |
or buy whole property, including owner home and more, for $235,000 |
L97 2 lots in unique secure volcano-view enclave - $36,000 each, $70,000 both |
Owner financing possible: 20% down, 3 years at 1% above US rate. |
| This boutique four-home development is particularly worth consideration for persons seeking to build a vacation home in a secure volcano and lakeview setting with enjoyable communal features. Located by a one-lane village about 15 minutes from Tilaran, the 1.7 acres are terraced from the handsome roadside wall and electric gate up and over a small hill where three building sites provide lake, volcano and endless territorial views. The owner/developer's 5-year-old home and a separate caretaker's cabina are located at the beautifully landscaped foot of the hill. A concrete drive brings one over the hilltop to the building sites and dedicated communal areas. Of the three building sites, two remain available. The communal areas will be a small volcano-view park in a front corner of the site and a rancho on a small mesa at the highest point of the hilltop. For an explantion of the owner's concept in creating this small development, please read her words below the photos. The basic concept is one of partnership in which lot buyers receive shares and thus partial ownership in the property's corporation. The whole property is available for just $275,000, though the owner would prefer to develop it herself. See H104 for information. |
 |
 |
A lake view from the lots at the top.
|
The electric gate as see from inside.
|
 |
 |
The driveway to the building sites.
|
The common area terracing next to the lots
|
 |
 |
The gate as seen from the hilltop.
|
Lovely hills rise behind the development
|
 |
 |
The owner's home at the foot of the hill.
|
The landscaped terracing leading to the hilltop.
|
 |
 |
This corner of the hilltop will be a common area park. On most days Arenal Volcano can be seen from here and at night brilliant lava can be seen flowing down the side.
|
 |
 |
Some of the elements of the show ring and corral remain from the showhorse days but little remains to be done for new partners to pick out the exact dimensions of their building sites. The common areas include the terracing at right, where a communal rancho (entertainment and BBQ area) will be built and the far corner which will be landscaped into a volcano-view park. |
The owner/developer has explained the concept here. |
A Great Opportunity to Own at Lake Arenal, Costa Rica
This is a unique opportunity to live part or fulltime, have a great vacation home and/or have a rental property in a gorgeous area of Costa Rica. Join our very small (only 4- home gated community) with many amenities and major cost savings. Enjoy views of 3 volcanoes and lake.
Live a short walking distance from 2 small towns and a short drive from a major town, Lake Arenal, and Arenal Yacht Club. Live a short drive to restaurants, clinics, and pharmacies. Be a reasonable distance from major hospitals. Be in nature. Temperate climate, clean drinking water and air, monkeys, and birds galore, including Toucans! Beautiful winds help control humidity and heat. Great hiking, boating, fishing, lake swimming, and a beautiful place for leisurely, easy walks. An amazing place by the Continental Divide!
Description of Property
Approximately 2 acres of land divided into a large, beautifully terraced area with mature fruit trees and tropical flowering plants, common areas for all. At the top of one of the common areas is a large flat lawn that will house a rancho for everyone’s enjoyment e.g. cookouts, parties and relaxation. A view of 3 volcanoes Arenal, Tenorio, and Miravalles, Lake Arenal, and beautiful rural countryside is enjoyed from the rancho site. Originally developed as horse property for training and shows, it has a beautiful large wooden gate that is fully lit with several large wrought iron lights regulated by sensors and a concrete drive leading to the upper level of the property. |
Below the terraced area is another house site where one of the partners currently lives and which has an apartment used by the caretaker. The site also includes a large storage area to be shared by all partners, a bodega filled with gardening tools and some power tools for all to share, and area of more fruit trees, and space to grow vegetables for anyone interested in doing so. The property’s infrastructure is complete. Thousands of dollars have been spent for landscaping, leveling, additional water meters, drainage system and irrigation system. If you know anything about building in Costa Rica, this is a unique situation. The property is a dream come true for anyone wanting to live or vacation in a temperate climate, 1.5 hours from beaches and Liberia international airport, and 3.5 hours from San Jose international airport. The property is also a short drive to desert-like warmth, waterfalls and mineral hot springs. Medical care is easy to access, ambulance service is available, and two major private medical centers are being built in Liberia though hospitals already exist within 20 minutes to 1.5 hours from the property.
The town of Tilaran
The property is located within a 15 minute drive to the major town of Tilaran, which offers a medical clinic, pharmacies, and private physicians and dentists. It has hardware stores, bakeries, and major grocery stores, as well as other amenities and services.
Though the property is in walking distance of the Lake Arenal Country Club and Lake Arenal Yacht Club and a high end development, it is still rural enough to be surrounded by beautiful land, toucans and other incredible birds, monkeys, and an occasional sloth. Clean and quaint neighborhoods with great neighbors include a mixture of Tico families, ex-pats, regular vacationers and retired as well as younger folks from the U.S, Canada, and other countries.
House Sites
Not usually a reality when buying in Costa Rica, the 2 available house sites are “ready to build”. They are perfectly level, offering a significant cost saving and an ideal situation for construction. As previously mentioned, water meters are installed and a full drainage system is in place to prevent flooding of the house sites. Utilities, phone lines, and high speed internet are already installed in the house on the property, making it easier to install these services on the other house sites.
You can have one or both house sites and with both have a very large piece of property, perhaps even for a few cabinas, one larger home, or a smaller home with a large area for private patio and gardens.
Benefits of Living in Our Small Gated Community
In addition to being involved with people who “know the ropes of building and living in Costa Rica” including knowing many very helpful and great people, other benefits include:
Flexibility. Buy for yourself and or your partner, family, or bring a couple of friends together. If your life changes, you can sell at any time.
Great neighbors. The other partners are respectful of others’ privacy and are honest, enjoyable people who just want to share a small, beautiful community with like-minded folks. Though they probably won’t be on the property fulltime, they will enjoy vacations throughout the years and may rent out their homes when they aren’t visiting.
Pay lower monthly and annual costs. Annual corporation fees and property taxes, property maintenance and repairs are shared by partners. Cost of living and fees in Costa Rica can be higher than you have heard or anticipated (even if they are less than in the US and some other countries). Sharing costs dramatically reduces your monthly and annual expenses.
Building and using the home for vacationing, rental, and/or retirement is made easier for you. We have recommendations for great architects and builders and know the ropes so that your money goes to where it should and you have the quality you want. The property is ready to build. No leveling or hassles. Water meter is in place. (A savings of over $2,000).Enjoy your privacy yet have a great community living space when you want it. There is almost 2 acres of beautifully manicured property to share with only 3 other parties which leaves plenty of room for a home, privacy, and private garden and patios. A common area at the top of the property with amazing views will house a large rancho for gatherings, exercising, or just peaceful times.
Pay less to create the quality of property you deserve. Thousands of dollars of infrastructure have been spent including water meters, security, drainage and irrigation systems, and a beautiful fully lit front gate with volcanic rock walls and wrought iron fencing. Terraced gardens with fruit trees and tropical plants are in place. Ample space for vegetable gardening. Property is maintained impeccably. |
|
|
|
"Things turn out best for the people who make the best of the way things turn out." - John Wooden, UCLA |
Founded by a Broker previously licensed in Colorado and Washington |
|
|
|
