🏗️ Property – Land with Approved Zoning for Apartments in Grecia

  • Commercial, Condo Homes, Lots, Residential
  • Property Type
  • 3
  • Bathrooms
  • 4132
  • Lot m²
  • MP121
  • Property ID
For Sale
🏗️ Property – Land with Approved Zoning for Apartments in Grecia

Description

📍 Excellent opportunity for multifamily development (up to 20 units)
💧 Includes an active and up-to-date water concession, currently operating

A spectacular 4,132 m² (44,477 sq ft) property for sale with approved land use zoning for apartments (Conditional Multifamily Residential – A). Ideal for developers and investors looking for a profitable project in one of the fastest-growing areas of Grecia, Costa Rica.

This property offers outstanding conditions for building a vertical condominium tower or a modern multifamily residential project, with strong potential for appreciation and high housing demand.


📌 Key Land Development Parameters

  • Total area: 4,132 m²
  • Permitted use: Conditional Multifamily Residential – A
  • Maximum site coverage: 75% (up to 3,099 m² footprint on ground level)
  • Maximum height: 10.50 meters (approx. 3 floors)
  • Density: 49.58 units per hectare
  • Estimated maximum units: up to 20 apartments
  • Minimum lot area: 160 m²
  • Setbacks:
    • Front: 2 m
    • Rear: 3 m
    • Side: 0 m

🏢 Development Potential

Thanks to the approved density and construction parameters, this property allows a development such as:

✅ Up to 20 apartments
✅ Tower-style project (approx. 3 levels)
✅ Example: 20 units of 80 m² each (approx. 1,600 m² total built area + common spaces)

The land provides enough space to include:

  • parking areas
  • green zones
  • social / common areas
  • internal roads and access
  • walking paths and gardens
  • modern amenities

🌿 Strategic Location in Grecia

Located in a high-growth area with excellent connectivity, ideal for capturing demand from:

🏡 local residents
👨‍👩‍👧 families
👷 professionals working in nearby free trade zones
🌎 international buyers looking for a quiet, green, and safe lifestyle

Grecia is well known for its pleasant climate, full services, and strong residential demand.


⭐ Key Advantages for Investors

✔ Multifamily zoning already established
✔ Scalable and profitable project potential
✔ Excellent land size for a modern condominium development
✔ Perfect for rental apartments or unit sales
✔ Area with growing property value
✔ Ideal concept: “natural living close to the city”
✔ Close to schools, high schools, supermarkets, and essential services

Details

  • Property ID: MP121
  • Land Area: 4132 m²
  • Bathrooms: 3
  • Garage Size: 10
  • Property Type: Commercial, Condo Homes, Lots, Residential
  • Property Status: For Sale

Address

  • City Grecia
  • State/county Alajuela

Contact Information

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All information provided about the property, including but not limited to square footage or square meter is deemed reliable but is not guaranteed and should be independently verified.

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