Lots & Land · Guanacaste
OCEAN VIEW LOT IN TAMARINDO – THE TOWN´S HIGHEST POINT – 1st Choice Realty Costa Rica
Lots
$690,000
View broker listing ↗via 1st Choice Realty · land asking
Land · build scenario
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Build economics look fair for the villa we'd put on this lot.
~10% gross on all-in is roughly our 10% benchmark — fair value, not a discount. Pick the right footprint and finish tier below.
Low, weighted, and high are adjusted comparable rentals — not probability forecasts.
Our pick · 4BR standard · ~10% gross · $1.1M all-in · Pool · Air conditioning · Patio / balcony
Stress-test →Hide
Ocean view on broker listing — map estimate uses view-matched comps (“Broker features (ocean view)”).
Standard build · ~240 m² villa (60 m²/bd) · enter the lot size to see the largest villa it allows (15% coverage on 5,000 m²+ fincas, 75% on residential lots).
All-in cost to build
≈ $4,426/m² all-in (incl. land).
Edit assumptions (plug in real contractor quotes)
Feasibility scenario — not a contractor quote
- •Construction uses our in-house team's ~$1,000/m² standard rate (shell + finishes; pool/landscaping & permits are added separately). Typical local quotes run $1,200–2,400/m². Final cost still depends on the confirmed scope.
- •Assumes a ~14-month build with no rental income during construction; excludes land-carry, financing and price escalation.
- •Parts of the Tamarindo strip are ZMT — confirm titled vs. concession.
- •Enter the lot size to check the build fits the parcel's coverage limit and see the largest villa it allows.
- •Few or scattered nearby comps behind the revenue estimate — lower confidence.
- •Water availability (ASADA letter) and utilities can make or break a build — verify before you buy the lot.
Story
Is it for you?
Patient capital building equity — design-build or JV, not move-in cashflow.
Move on if you need rental income on day one.
Good to know
- Few or scattered nearby rentals behind this build scenario — lower confidence.
- Recipe gaps vs local winners: Gym / fitness, Hot tub, BBQ / grill.
- Build scenarios use market-level revenue anchors — re-run at the lot pin on the report.
Check before you offer
- Confirm registered fee-simple title (folio real), free of liens.
- Confirm a legal water supply (AyA or ASADA letter / carta de agua) — no water letter, no deal.
- If anything is already built on the lot, confirm permisos de construcción cover it — unpermitted work can block closing.
- Verify buildable footprint, coverage rules, access, and ZMT status with the municipality.
- Get real contractor quotes before trusting any yield-on-cost figure.
Go deeper: Comps & math · Live & rent · Photos · Check before you offer · Site & legal. Automated check — verify list price, title, water, and building permits before an offer. More like this on the map →
Next steps
Automated screen — open Check before you offer for what still needs a human double-check before you wire. Want me in the loop? Deal Desk builds a shortlist around homes like this.