High Density Development Parcel

Escazu, San José, Costa Rica
USD $2,000,000
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Source ID 51271618

Description

Located less than 50 meters from the most exclusive shopping center in Escazu, Multiplaza, this development parcel represents one of the best remaining opportunities for vertical, commercial development.

The lot measures 3552 sq meters, with just over 43 meters of frontage, and boasts a unique zoning within the ZCL (Zona Comercial Lineal) and an advantageous height limitation of up to 38 meters. Previously approved designs for a condo hotel, including D1 SETENA approvals, include a 12 story (2 underground parking) contemporary condo hotel, to accommodate business travelers in this convenient location. The property is ideal for a condo hotel or office building, and owners have priced the property to sell.

Serious inquiries only, and all pertinent documents are available including survey map, zoning, topographical curves (the lot is nearly completely flat), as well as a copy of the D1 SETENA approvals.

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