Land for sale Papagayo, Guanacaste Costa Rica Option one – 13 Ha. $3,000,000 USD – above the property, the new “Melia, Paradisus” hotel is under construction – 382 rooms, 5 star, all inclusive, a hotel and 20 luxury villas. Option two – 5 ha. – $1,500,000 with permits for #80 affordable housing units – there is “strong rental demand” in this area – appx. $800 to $1200 rent per/mo. Nestled along the north Pacific coast of Costa Rica, the Peninsula Papagayo is in the northwest province of Guanacaste. Stretching into the Golfo de Papagayo, this peninsula was formed by volcanic activity and has been shaped by weather. With outstanding scenery, this location includes tropical dry forests and untouched beaches and is a unique Central American hideout. The 15 miles (24 km) of coastline contain 31 separate beaches and the larger Peninsula Santa Elena to the north protects the waters. Named a top tourist destination, Peninsula Papagayo is home to the Four Seasons Resort Costa Rica, one of three golf courses to be constructed (An Arnold Palmer Signature Course), a small selection of luxury homes and properties as well as many new projects to develop this amazing piece of land. Per government mandate, 70% of the land on Peninsula Papagayo must remain natural ensuring that the beauty of the land is not lost to overdevelopment. Costa Rica itself makes up only .01% of the earths landmass but houses 5% of its wildlife. This Over 400 species exist on the Peninsula Papagayo alone. Some of Papagayo’s inhabitants include the howler monkey and the squirrel monkey. Covering the peninsula, the tropical forest provides a sprawling preserve for some of the world’s most unusual creatures. The uniqueness and diversity of wildlife on Peninsula Papagayo attracts many visitors. Since so much of Peninsula Papagayo remains unspoiled, it allows numerous opportunities for outdoor, in-reach exploration. These available out-door activities include deep sea fishing, boat cruising, snorkeling, scuba diving, surfing, windsurfing, sea kayaking, white-water rafting, forest canopy tours, horseback riding. Also close by, visitors can hike through national parks and visit local villages and historic sites in the surrounding areas. Golf is one of the most popular pastimes at the Peninsula Papagayo, where a variety of world-class golf courses are located. Another popular spot for visitors will be the shops, restaurants, and entertainment bars located at the Village at Marina Papagayo. The Village at Marina Papagayo will include hotels, more residential opportunities, boutique shops and local artisans. Builders of the Village at Marina Papagayo are designing the village to have an ambiance similar to Portofino, Italy with global sophistication and sun-rise to sun-set festivities. Peninsula Papagayo contains a private 18 hole signature designed Arnold Palmer golf course. 6,788 yards wind their way through 125 acres (0.51 km2) to make up this diverse terrain golf course. Providing a challenge for all skill levels of golfers, this course is also accented by beauty around each corner, with dramatic changes of elevation and views of the Pacific Ocean from 14 of its 18 holes. Golf Digest ranked this golf course as #53 in the world outside of the US in 2010 making it the #3 ranked golf course in all of Latin America. Peninsula Papagayo is also scheduled to open a new golf course in 2014; a private 18-hole Jack Nicklaus designed course. Distinct, yet complementary to the Arnold Palmer Golf Course, this course is sure to offer a true golf challenge.