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FOR SALECALA DEL SOLPLAYAS DEL COCO , COSTA RICA

Are a fo r m a p, s e conda ry pho to o r

s che m a tic

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

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co nta ct inform a t io nR ona ld Um a naCom m e rc ia l R e a l E s ta te Cons ulta ntE s ca zu ,S a n Jo s e Cos ta R icawww.na icos ta rica .co mCe ll 506-8878-9988te l 506-22287760fa x 506-22287753rum a na @na icos ta rica .com

Business Opportunity On the Costa RicaMarket

http://www.naicostarica.com/

The property is located approximately 25 minutes west of the Liberia airport and 5 kilometers south

of Playa del Coco in Ocotal. Over 80% of the established lots

have spectacular views of Ocotal Bay and the Pacific Ocean.

The roads to the property are paved asphalt all the way

from the Liberia airport to the entrance of the property.

The total project area is approximately 82 acres. There is approximately 55 acres of titled property and 27

acres of concession property.

LocationCala del Sol, OcotalCOSTA RICA

Are a fo r m a p, s e conda ry pho to o r

s che m a tic


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Ronald UmanaCommercial Real Estate ConsultantEscazu ,San Jose Costa Ricawww.naicostarica.comCell 506-8878-9988tel 506-22287760fax [email protected]



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TITLE PROPERTY We certify all property to be free of

liens or encumbrances of any kind.

The overall size of the titled property as surveyed in July 2006 is 22 ha 0506M2.

The project is registered in the National Registry as 19 different pieces of property each one being in excess of 5,000 square meters and each one owned by its own Costa Rican corporation. This was done for several reasons. At the time of registration their size qualified them as “finca” or agricultural parcels and eliminated the need for environmental study. This also offered some tax consequence advantages if the lots were sold individually for a secured gated luxury community.

Every one of these lots has been registered in the National Registry in separate Costa Rican Corporation names for liability and tax consequence reasons.

Tittle PropertyCala del Sol Costa Rica




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MASTER LAYOUT MAPAlthough we have a master layout

of the property and have conceptual ideas of what could be developed on the property our actual plan and construction permit applications have been limited to the development of Lot 19

If a decision was made to convert to a total condominium project the titled property could easily accommodate approximately 350 condominiums.

The well with the planned water holding tanks could sufficiently supply the needs of this many condominiums without any problems. The sewage treatment was planned with servicing the needs of the entire project. And the electrification requirements will be adequately met with the transformers that are already installed.

Master Plan Cala del SolCosta Rica




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WaterCala del Sol Costa Rica

WATER Our underground well water

source comes from a small parcel of land that we own that is remote from the property. The well produces 4 liters of water per second which will adequately supply the needs for the property. The tubing is in place from the well to the large 65,000 gallon water tank on lot 18 next to the proposed tennis court site. Additionally we have plans to construction two additional 50,000 gallon tanks next to the Amarabi building sites on Lot 19. We also have plans to contruct another 50,000 gallon tank next to lot number 9 that will furnish water to the highest elevations. The tubing has already been laid to both of these areas where the tanks are to be located.

In September 2004 MINAE granted to PLAYA GRINGO G.B.P.I. S.A. a water exploitation concession.

Water



Project For Sale


Price DetailsPrice: $20.000.000Terms: CashWill Exchange: No

Land DetailLand Area: 82 acres (subject to survey)Dimensions: IrregularWater: 10” city water and wellSanitary: 8” sanitation @ buildingStorm: 12” storm @ buildinElectric: First Energy

Interior electric

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Lots 1 through 12 were originally created for building single residential dwellings but are not necessarily limited to this purpose.

Lot 13 (King of the Mountain) has breath taking 360 views and was designed to allow installation of its own private security gate to permit entry solely by the owner/owners of this most spectacular lot. The footprint is extremely large and suitable for a very large villa and pool. This lot could also be used for multiple large million dollar luxury condos or townhouses.

Lot 14 has 2 building pads which provide adequate room for the construction of 6 to 8 condo’s units.

All of the above lots have superb ocean views as well as valley views.

Lots 15 and 16 are valley view only and were created with single residential dwellings in mind.

Lot 17 has 2 separate building pads. The lower one was created for a helicopter landing pad while

the upper one was planned for a swimming pool and exercise facilities.

Lot 18 includes the secured entrance way, a security guard office, a small sales office, large water holding tank and the proposed tennis court area.

Lot 19 is the largest of all lots with several building sites and parking area sites which have been zoned commercial and designated for condominium construction.

BUILDING PLANS & PERMITS (LOT 19 ONLY)We have building plans for the construction of three buildings

(57 condo units) The plans have been approved by the College of Engineers, INVU and the Municipality of Carrillo. The permits are in the final stages of being issued.

The environmental study enabling construction has been approved by Setena and the deposit required for this has been paid.



ELECTRIFICATIONThe electrical service

leading up to the property is supplied

via power lines above ground. Once the service starts

up the concrete road they become underground

and will continue to be underground from this point on

. We have electrical service with transformers installed

in the area where condominiums are scheduled to be built



ADDITIONAL WATER SOURCE:To insure that we have a back up

source of water on July 19, 2006 we have paid a 50% deposit to A y A for 60 connections to the new water system be brought into this area.

.SEWAGE TREATMENT PLANTWe have the drawings completed

and health department approval to build the sewage treatment plan necessary for.

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Additional InformationCala del SolCosta Rica

For Sale


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Ma p pla ce ho lde r or a dd it iona l pho to

CONCESSION PROPERTYThe entire maritime area adjacent to the

title property as surveyed in July 2006 measured 11 ha 0351M2.

A large portion of this maritime area has been designated as a “forest area” and all of this lush vegetation must be preserved as it is today in its natural state of beauty. Several nature trails exist throughout the trees. The actual footprint of the concession building area is somewhat less than described above because of this “forest area”.

The pristine beach fronting the maritime area is a light sandy color and accessible only through the titled property or by boat and cannot be reached by walking the shoreline.

The southernmost point of the concession property contains 6 building areas that have been proposed as restaurant and condo/hotel sites.

The northernmost point of the concession property has elevations high above the ocean with spectacular views suitable for single dwelling residences. There 14 areas that are suitable as building sites for

villas.


For SalePrime LocationGuanacaste , Costa Rica

