The ten best properties for development in the GAM

These ten plots of land in the Greater Metropolitan Area of Costa Rica offer unique opportunities for the development of residential, commercial or mixed projects. Each of them has specific characteristics and uses that adapt to various needs and investment strategies. Whether to develop housing, shopping centers or industrial projects, these lands represent a great opportunity in the competitive real estate market of the GAM.

This land is located in front of a main road and has direct financing from the owner. It has residential and commercial use with mixed use, with 80% coverage and 83 homes per hectare. Price: $255/m². Size: 10,580 m².

The property is extensive, with an area of 36,847 meters and two accesses in an excellent residential and commercial area. It is located near shopping centers, prestigious restaurants and universities, in an area of high added value. Its topography is completely flat, with high density, which makes it ideal for residential, commercial or mixed projects. Price: $350/m². Size: 36,847 m².

This land is located in the heart of Lindora and is ideal for developing an apartment complex that maximizes its density, as it is classified as a Low Density Residential Zone (ZRBD), with minimum lots of 600 meters. Price: $550/m². Size: 5,543.39 m².

This land is very well located in Carmen de Guadalupe and has an ideal topography to develop two different projects, since it has accesses through both Carmen and Purral. The use of land allows a height of up to 3 floors, with a front of 20 meters and a maximum of 123 housing units. Residential urban developments, condominiums and urbanizations are covered. It has advanced building permits and utilities available. Price: $55/m². Size: 36,141.00 m².

This land is very close to the Panasonic in San Rafael de Alajuela. It is one of the last available plots of land in the area with high density land use, making it perfect for a residential development. It has a hydrological study, water availability, vulnerability certificate, river withdrawal, contour lines and cadastral plan, which facilitates due diligence. This property is ready to be developed in a market that seeks this type of projects. Price: $120/m². Size: 52,319 m².

This land is located on a main avenue and stands out for its peculiarity of having different land uses in a single lot. 65.21% is classified as a High Density Residential Zone (ZRAD), which allows the construction of single-family and multi-family homes, among other uses. The Mixed Zone (ZM) covers 11.67% and allows housing, institutional and commercial services. In addition, 15.12% is classified as a Commercial Zone (ZC), which allows practically all types of commerce. The land has a public street front of 42 meters. Price: $173/m². Size: 9,238 m².

This land offers a special attraction to have a use of both industrial and residential land. With a practically flat topography and an irregular shape, it has a wide front of 310 meters to the public street. In addition, it has its own well, which must be registered. The land is crossed by two rivers, the Alajuela River and the Ojo de Agua stream, which allows them to be used for discharges and waste discharges at a very low cost. Price: $34.75/m². Size: 66,181 m².

This land, one of the last available in the area, offers the opportunity to build up to 22 floors or more. Located in Rohrmoser Nunciature, it has significant vertical development potential. Price: $1500/m². Size: 2,152 m².