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North Pacific Real Estate




Luxury mountain resort and teak plantation

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Classified Ad Information
Ref N: 2000
Ad Views: 304
Contact: jasminasul
Ad started: Aug 25
Location: Costa Rica Luxury property Abangares
Price: 3800000 $
Description
• Deluxe multi-unit residential. • Main house sold separately or together with surrounding land. • 9 Ha of teak plantation, excellent no-risk investment with higher ROI than equities and bonds. • 100% mortgage available. • 70 hectares of land for development as mountain resort, hotel, condominiums, etc. Virtual tour: http://www.flyinside.com/tour.php?id=33839 Web Site: http://www.GuanacasteNaturally.com We are pleased to offer this beautiful luxury property in Costa Rica’s most visited province, Guanacaste. The owners bought one of the best properties in the Abangares area and turned it into a real paradise of tropical gardens, waterfalls, lagoon, stables with indoor training area, a teak plantation, caretaker’s house and much more. The property is valued at US$ 3,800,000 and comprises 70 Hectares of pasture land, teak plantation, secondary forest, rivers and waterfalls. It is possible to acquire only 7,000 metres that include the main house, swimming pool and three deluxe cabins, tropical gardens and fish lagoon. This is offered at US$ 1,900,000. About Costa Rica Costa Rica is one of the most stable countries in Latin America, both politically and financially. From its two main airports there are scheduled flights to the United States, Europe and Latin America. There are very few legal limitations for buying property in Costa Rica, even for foreigners without legal residence in the country. Costa Rica has veritable natural treasures that include spectacular volcanoes, pristine rainforests, tropical beaches and a rich cultural tradition. Perhaps its most attractive province is Guanacaste, which thanks to its benign climate (annual temperature between 24˚ C and 34˚ C with short rainy season) and stunning scenery has become one of the most visited spots in Central America. Within driving distance of Crazy Horse Ranch there lie countless scenic spots, world famous beaches and national parks, luxury resorts, wildlife reserves and much more. All this makes Costa Rica one of the most sought after places for investment, residence or holidays. Las Juntas de Abangares The property is situated 4.5 km from Las Juntas, one of the few remaining gold mining villages in the world. A quaint village where people are still seen riding their horses through the main street, it has nevertheless most of the amenities and services, including school, clinic, supermarkets, restaurants, spa, pharmacies, veterinarian, etc. The wholesome climate is afforded by the mountains and unlike most tropical regions malaria and other insect transmitted diseases are virtually inexistent. Purchasing real estate in Costa Rica Although buying property in Costa Rica is in many cases a simple transaction, many foreigners have fallen victims to unscrupulous brokers and lawyers, or to their own lack of knowledge of the Costa Rican law and property market. As a consequence, many people who came with a dream of a better life have ended up broken hearted and ruined. We advise that you always hire the services of a lawyer other than that of the seller. He or she will research the property in the “Registro de la Propiedad” to make sure that it has no liens nor encumbrances, and that the seller has a right to transfer title, among other things. Real estate agents will often hide information about the property so as not to lose the commission. As it happens the real estate business in Costa Rica is totally unregulated, so anybody can act as a broker or set up their own real estate company without the need of a license. Most agents don't have a legal document or agreement to act on behalf of the seller. Above all, try to work with professionals with proven track records and do a thorough property study to ensure that you are among the many foreigners who have found a happy way of life in this beautiful country. Crazy Horse Ranch. • The main house and surrounding grounds. The main house has an area of 220 m˛ plus a 50 m˛ porch. The main living area has seven metre high ceilings, which added to the thickness of the walls provides a comfortable living temperature day and night. It features two large bedrooms tastefully decorated, each with its own large bathroom and teak floors. The open-plan living room and kitchen are originally decorated and well thought out. The kitchen is equipped with double-door refrigerator, oven, microwave, dishwasher, marble-top, professional gas hob, etc. The mahogany coloured units are offset by the modern appliances and steel hob. There is also a pantry and a utility room with washing machine and dryer. The house has cable TV and internet access, solar-powered hot water, air conditioning and 110V-220V current. One of the bedrooms has been fitted with a built-in combination safe. The south facing porch overlooks the swimming pool and the garden. It has an outdoor oven and barbeque, dining table and hammock. At the back of the house there is a spacious garage and storing room. There is also a well with pump. Both the house and the stables are protected against lightning by a state-of-the-art system. The pool house has an area of 30 m˛ and is completely furnished with queen sized bed, refrigerator and kitchenette. It has also its own shower room and toilet. The guest house has a total area of 180 m˛, divided into two self contained apartments and a terrace. Spacious and tastefully decorated, they include a large bathroom and living room, and a west facing terrace with a bridge across a small garden that joins both apartments. Both apartments are fitted with a safe. An interconnecting passageway allows for the two apartments to be used as a single living unit. The swimming pool is 16 m long and has a maximum depth of 2 m. It is filled directly from one of the property’s natural springs. The filtering system is completely automated and includes a natural-looking waterfall. The fish lagoon has approximately 600 m˛ and has been built to grow tilapia and fresh water lobsters, and also provides a home for countless birds and even an otter. Surrounded by tropical plants and fruit trees, it is a spot for relaxation and bird-watching, slightly secluded from the main house and outbuildings. • The waterfall and river Zapote. One of the highlights of the property is the river and streams that provide it with drinking water all-year-round, and that feature an 11 m cascade and natural pond. This is a truly inspiring place to fill one’s soul with the beauty and peace of nature and bathe or just relax while listening to the soothing sound of the water. • The teak plantation. A well managed teak plantation is one of the safest long-term investments that you can make in Costa Rica. This is due to the scarceness of high quality tropical woods and to the rising demand that is expected to increase considerably in the future. The stand will produce ca. 4,200 cubic metres of teak in 10 to 12 years. Current prices are in excess of $450 / m3. • The stables. A central point of the property is the circular stables, with ten open box stalls each with its own individual pen, built around the indoor arena. This allows for another row of stalls to be built around the existing ones. The training area is overlooked by a platform with seats. In addition, there are three storing rooms for riding tack, horse fodder and farm utensils. A working tractor and all garden and farm tools are included in the sale. Near the stables lies a small caretaker’s house that is currently under construction. • Wildlife and gardens. The mature garden surrounding the main house and swimming pool is stocked with tropical flowers and fruit trees like heliconias, rhododendrons, gingers, ornamental peppers, pineapples, pawpaw, myrtle, bromeliads, orchids, avocado, orange, lime, grapefruit, cashew and several species of rare palm trees. Many species of birds, reptiles and small mammals thrive in the area, some of them, like green iguanas, toucans, motmots, hummingbirds, howler monkeys, etc. are usually seen near the house. Many others can be observed in the woods especially on horseback, like coatis, racoons, armadillos, red deer, spider monkeys and many others. Land usage. The property is ideal as permanent residence or holiday home. The owners are in the process of applying for a hotel and restaurant license in order to let out the three cabins together with the stables, and there are other possible usages for the land, which make this an excellent investment property. Some of these uses include:  Development of grazing land for condominiums or exclusive villas.  Hotel or self-contained apartments. The ranch lends itself to an environmentally friendly resort for ecotourism and horseback adventure tours.  18-hole golf course.  Tennis court, etc.  Further planting of teak saplings, which could be felled in 20 to 30 years. Financing. It is possible to buy the property with a 100% mortgage. We will be happy to help with this or any other enquires that you have.
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