
Playa Langosta · Guanacaste
Tamarindo Preserve Lot 60 - Playa Langosta, CR
Lots · 333 m² lot
$349,000
View broker listing ↗via Flamingo Beach 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.
Walk-to-beach lot — headline uses walk/beach-access comps (apple-to-apple).
Our pick · 5BR luxury · ~10% gross · $1.9M all-in · Walk to the beach · Pool · Air conditioning
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Walk-to-beach lot — headline uses walk/beach-access comps (apple-to-apple).
Land ~$1048/m² — premium finish floor at this land basis. Land ~$1048/m² — luxury finish at this land basis.
Luxury build · ~475 m² villa (95 m²/bd) · residential lot → 75% max coverage → buildable up to ~250 m² (about 2 BR at this tier/floors). ⚠ This 5BR footprint (475 m²) exceeds the 250 m² allowed — add a floor or shrink.
All-in cost to build
≈ $3,975/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 ~$2,400/m² luxury 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.
- •The 475 m² footprint exceeds the ~250 m² buildable area (75% coverage on a residential lot) — add a floor, shrink the villa, or split the parcel.
- •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.
- 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
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