Costa Rica Real Estate

Palm Beach Estates - Luxury House - Playa Grande

 $595,000

     

3 Bedroom - 3 Bathroom

Year Built: 2007

This Playa Grande Home For Sale in Palm Beach Estates is a great vacation rental investment or retirement home.

The walled property consists of a large luxury home, Casita and swimming pool in a lush tropical setting.

It’s a 5 minute walk to one of the best beaches in Costa Rica, Playa Grande.
 

 

Designed By: The owner and his wife designed the project themselves.  As a residential building contractor in Canada, the owner has considerable design and building experience.  The project was managed by a Costa Rican architect as required by Costa Rican law.

Builder: As an experienced North American builder, the owner personally oversaw local labor to ensure all aspects of construction were completed to his exacting standards

Construction Type: Cement block, steel truss system. Built to North American standards.

Main House Area: 228 square meters (2453 sq.feet) 

        

 

   

The home boasts an open floor plan with a large entry foyer leading to an open & airy great room.

   

Large kitchen and eating area

Spacious  family room - office area with built-in desk

   

Large master bedroom/master bathroom with tub and separate shower, walk in closet 

Large second bedroom with walk in closet  

Grand main bathroom with extra large shower

Custom window coverings - laundry/utility room

Large front and rear covered patios

Stainless steel appliances - granite countertops

Cable TV - high speed internet - three phone lines 

Air conditioning - ceiling fans throughout  - gas stove/oven

Swimming pool - water holding tank & pump system - perimeter fence - iron gates 

   

Casita Area: 44 square meters (473 Square Feet)
This guest house has 1 bedroom, 1 bathroom, kitchen and living area.  Sleeps four persons with a pullout in the Casita.

     

Swimming Pool Area: 20 square meters. 

              

 

 Fence & Gates: The property is surrounded by a six foot high block wall finished with stucco.  There is one pedestrian gate and one vehicle gate made of decorative wrought iron.

    

Landscape: This property has been professionally landscaped making yard maintenance a breeze .  The tropical landscape fits into the indigenous forest directly behind our property.

  

Interior: Quality interior throughout.  All cabinets, doors and woodwork are Costa Rican pochote hardwood and custom made for this home.

Appliances: The appliances are Stainless Steel and all countertops throughout the house are granite.

   

Lot Area: 811 Square Meters (8,730 Square Feet)

Water System: Large holding tank with booster pump for constant regulated pressure

Water Supply: Community water system

Waste Water: Septic system

Telephones: 3 separate telephone lines supplied by ICE

Cable TV: Cable TV provider AMNET

High Speed Internet: Very fast internet connection supplied by ICE

   Costa Rica Real Estate - Playa Grande

International Airport: Liberia airport is 42 miles from Playa Grande

The Company: This property is registered in a company that can be taken over with the purchase.  The name of the company is Big Rock Estates, S.A. Taking over this company entitles the purchaser continuance of the title guarantee that we purchased through Stewart Title, when the lot was originally purchased. 

  

Property Features:

Playa Grande House For Sale – Information Updated: May 2011

* Price: $595,000 USD

* Location: 129 Palm Beach Estates, Playa Grande, Guanacaste Province, Costa Rica, Central America

* GPS Location: +10° 19′ 3.21″, -85° 50′ 12.18″ (10.317558, -85.836718)

* Lot Size: 811 square meters (8,730 square feet)

* Lay of the Land: The property is level with a slight slope allowing for drainage.

* Year Developed: 2007

* Title Registry: This property is registered in a Costa Rica company which is transferable to new owners. Title transfer is a simple process.

* Title Guarantee: The title guarantee on this property is from Stewart Title.

* Permits & Approvals: All permits, approvals and inspections have been acquired in accordance with the applicable laws.

* Building Standards: This property is built to North American standards, including the materials and installation of septic systems.

* Utilities on the Property:

  • telephone
  • cable TV
  • High speed internet
  • Electricity
  • Community water system with booster pressure pump and holding tank
  • Street light
  • Municipal garbage pick up

* Swimming Pool:

  • Approximately 20 square meters (215 square feet)
  • Wrap around seat
  • Lighting
  • Block construction with special interior wall finish
  • Pool equipment in separate building
  • Outdoor shower near pool area
  • Easy maintenance
  • Very private area

* Playa Grande House For Sale Main House Features:

  • Indoor living area is 228 square meters (2453 square feet), excluding attached covered patios
  • Front and rear covered patios are 29 (312 square feet) square meters each for a total of  58 square meters (624 square feet)
  • Imported non slip floor tile throughout the house and patios
  • Large main entry with a high ceiling
  • Remainder of the house ceiling height is 2.743 meters (9 feet)
  • Large open kitchen living area
  • Kitchen has granite counter tops and all stainless appliances (Gas stove/oven, dishwasher, fridge)
  • Office area
  • Utility room with washer and dryer
  • 2 large bedrooms that sleep 6 persons
  • Bedroom#1 - Large master bed room with a large 4 piece en-suite and walk-in closet
  • Bedroom#2 – Large 2nd bedroom with two double beds and a walk-in closet
  • Large 3 piece main bath room
  • Air-conditioning units
  • Ceiling fans throughout the home

* Separate Casita:

  • Sleeps 4 persons
  • One separate bedroom
  • Pull out bed in living area
  • Kitchen area with full cabinets, fridge and stove
  • Living area
  • 3 piece bath room
  • Ceiling fans

* Fence:

  • 2.5 meter (6 foot) high
  • 101 lineal meters (331 lineal feet) long
  • finished concrete block
  • mold resistant paint

* Approximate Monthly Expenses:

  • Property Taxes: $35 (there is no luxury tax on this property)
  • Electricity: $200 (pool pump runs about 12 hrs per day which accounts for a large portion of the electric bill, along with A/C)
  • Water: $15
  • Cable: $22
  • Internet: $65 (prices start at $20 depending on speed)
  • Home Telephone: $6
  • Pool & Yard Maintenance: $50
  • No heating required

— Vacation Rental Income Potential —

The majority of properties in Palm Beach Estates are vacation rental homes occupied by the property owners while they are in Costa Rica. When the owners are not in Costa Rica they rent their homes to visitors, on a daily, weekly and some times monthly basis.

This Playa Grande House For Sale at 129 Palm Beach Estates is a perfect rental property that’s easy to care for and has everything that potential vacationers are looking for when vacationing in Costa Rica, plus it’s a 5 minute walk to one of the most beautiful beaches in the world.

There are several property managers in the area that can manage this property for you.

You can rent this property to visitors at the rates mentioned below:

Main House Rates:

  • Low Season (May-Oct): $270/night, $1600/per week
  • High Season (Nov-Apr): $300/night, $1800/per week
  • Holidays (New Years, Christmas, Easter): $480/night, $2500/ per week

Casita Rates:

  • Low: $60/night, $360/per week
  • High: $80/night, $480/per week
  •  Holiday: $100/night, $600/per week

 

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 All information presented here and in these sites is proposed and is subject to change or elimination by the Owner or Developer at any time without notice. The questions and answers on this website are for informational purposes only. All questions and answers proposed are subject to any change without any notice.

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