Location: Playa Hermosa Sur, Uvita, Costa Rica
SETTING: This small hotel, consisting of five luxury cabins, is located on a verdant wooded hillside overlooking the Pacific Ocean. The modern cabins are situated within walking distance of the secluded beach of Playa Hermosa and offer excellent views of the famed Whale Tail of the Marina Ballena National Park. The property also benefits from its proximity to Uvita, a rapidly expanding costal town with plenty of multi-cultural character.
CABIN DESIGN: This newly built property incorporates five elevated cabins which stretch out over rolling green landscape beneath. The units are a fusion of modern and traditional design and compliment the surrounding tropical landscape, with a large bathroom and walk-in closet, in quality glass, bamboo and ceramic finishes. Each air conditioned cabin features expansive windows and ocean facing balconies.
OUTDOOR SPACE:
With an extension of 13.16 acres this is a large property with landscaped grounds and paved footpaths leading to an open air – dining pavilion and poolside terrace. The lap styled infinity edge pool is bordered by a cooling stone deck and offers excellent coastal views.
The hotel grounds offers parking for ten vehicles.
MARKET OVERVIEW
The Costa Rican real estate market has continued to perform well despite the worldwide economic crisis. Leading property experts believe that this is largely thanks to the countries unique natural qualities which include the pristine coastlines, lush tropical greenery and extensive views of the South Pacific. Eco-tourism is an expanding industry, especially in this part of Costa Rica. The newly opened road from San Jose to Caldera has halved travelling time and improved access to what were more remote parts of Costa Rica.
Daveed Hollander, a leading luxury realtor for Dominical, explains, “Quality properties continue to sell in Costa Rica even though the US market has experienced specific slowing.” For additional information: South Pacific Market Overview – A quarterly survey of real estate sales in the South Pacific area of Costa Rica.
WHO BUYS IN DOMINICAL
The Dominical Real Estate market principally attracts Canadians and Americans; however the amount of Costa Rican investors has increased in recent years.
BUYING BASICS
There are no buying restrictions for foreign investors. Coldwell Banker work in alliance with Stewart Title and Chicago Title property guarantee services.
LANGUAGES AND CURRENCY
Spanish/English, US$
