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22.38 Hectares for Residential Development in La Garita La Serena – Real Estate Development Land / La Serena – Terreno para Desarrollo Inmobiliario
22.38 Hectares for Residential Development in La Garita
Strategic Land Opportunity in the Coyol – Grecia Growth Corridor
A Pure Land Investment in a High-Growth Corridor
This 22.38-hectare parcel in La Garita represents a clear development opportunity within one of the most active expansion zones of Costa Rica’s Greater Metropolitan Area.
Located in the La Garita – Grecia corridor, the property is positioned within a market driven by:
The continued expansion of Free Zones in El Coyol
Strong demand for executive and workforce housing
Infrastructure improvements and westward urban growth
This is a land-focused acquisition, aligned with real demand drivers rather than speculative positioning.
Scale, Zoning, and Development Clarity
The property offers 223,767 m² of land, with regulatory conditions that allow for minimum 2,500 m² residential lots.
This provides a clear framework for:
Low-density residential development
Phased subdivision strategies
A product aligned with current luxury market demand forluxury homes that offer space and privacy
Additionally, the property is located outside industrial zoning, which represents a key advantage:
Preserves residential character
Protects long-term project value
Supports positioning toward higher-end market segments
Pricing Anchored in Land Value
Total Land Area: 223,767 m²
Price: $5,830,000
Price per m²: $26.05 / m²
At approximately $26/m², this parcel represents one of the most competitive entry points within the corridor.
From an investment standpoint, this pricing reflects pure land value, allowing for:
Clear financial modeling
Flexibility in development planning
Strong upside potential through subdivision
Positioned Within a Transforming Market
The La Garita – Grecia corridor is undergoing a structural shift driven by:
Increasing employment concentration in Coyol
Rising residential demand from professionals and executives
Migration of development away from saturated markets such as Escazú and Santa Ana
Within this context, large, contiguous parcels with clear zoning are becoming increasingly scarce.
Flexible Acquisition Within a Larger Opportunity - This parcel forms part of the broader Natura Serena landholding, which is also available under alternative configurations:
Full Estate (46.1 hectares)
Lake & Mansion Estate (23.7 hectares)
This provides flexibility for investors to consider the acquisition either as a standalone development project or as part of a larger-scale land strategy.
This opportunity is particularly suited for:
Residential developers
Land investors
Family offices seeking land-backed assets
With its combination of scale, regulatory clarity, and location, this property offers a well-defined platform for high end residential development within a high-demand corridor.
- 223800m2
- Land and Farm
Property Details
- Status For Sale
- Property Type Land and Farm
- Property Subtype Development Land
- Lot Area 223,800 m2
- Reference ID 21380
- Zone Central Valley - West
- Province Alajuela, Cartago, Guanacaste, Heredia, Limón, Puntarenas, San José
- Canton Alajuela
- District Garita
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Living in Alajuela
Alajuela canton in Costa Rica offers a balanced lifestyle, combining residential tranquility with convenient access to urban amenities. Located in the Central Valley, it benefits from a mild climate and a growing infrastructure, making it an appealing area for those seeking real estate in Costa Rica. The canton is well-connected, with Juan Santamaría International Airport situated within its borders, facilitating travel and enhancing its appeal for both residents and investors.
The real estate market in Alajuela is dynamic, presenting diverse options from private homes to residences within established communities. Areas like La Guácima, San Rafael, La Garita, and Grecia are recognized for their peaceful environments and quality services. These communities offer various property types, including modern homes and estates, catering to different preferences for high-end investments.
Alajuela canton provides comprehensive services and facilities, including quality educational centers, shopping malls like City Mall, and a robust healthcare system. Residents have access to both public (Caja Costarricense de Seguro Social) and private medical care options, with private hospitals near San José offering specialized services. The region also boasts several points of interest such as Poás Volcano National Park and La Paz Waterfall Gardens, contributing to a rich local experience.
The canton maintains a relatively low crime rate, offering a sense of security for its residents…
