Commercial Income Property

  • 1.00 £
  • Published date: September 2, 2023
    • Stourbridge, West Midlands, United Kingdom

Commercial Income Property

⭕ Commercial Property / Development Property / Expansion Property/ Costa Rica

Costa Rica beach front real-estate / commercial property owned privately suited ideally for development, or expansion of current aquaculture operations that are ongoing. (actively shrimping operations) located in Partita, Costa Rica, the property entails 420 acres, (168 hectares) with only 1/3 on this property currently being used, 2/3 remains for most development projects or expansion of ongoing business.

This Property sits around 650 feet from the fronting beach road with easy beach access 24/7 on pristine beach with nothing around.

Water Quality is excellent year around. Buyers can pretty much develop anything here including private homes.

The current commercial aquaculture operation on this property consist of privately farmed raised pacific white shrimp, (Litopenaeus Vannam)
The aquaculture operation has 23 ponds ranging from 2 hectares (5acres) to almost 5 hectares (12 acres) (a hectare is 2.5 acres) with ongoing white shrimp production year around, all permits for this operation are current and taxes have been paid as of 2016.

This farm is currently being operated under semi-intensively conditions except for (4) ponds with excellent aeration, stock seeding 15m2 generally with the (4) ponds seeded 30+/ -m2. This farm has a history of steady production & profit over its 18 years of operation. It has capability to produce intensively with aeration upgrades that will allow substantially higher density and harvest, easily making excessive over $1M USD annually if implemented, currently making about $600K +/- USD annually, currently all production is sold into the national markets, with annual demand increases outpacing production.

National banks (Banco Costa Rica) apprised valued of this property is $15M USD several years ago, (certainly higher now) Current Sale Listed price is $7.5M USD, slightly over $5 m2, there is absolute no other property in Central America on the beach at this price and making this kind of income.

The reason for sale is owner retirement, all the financial information can be discussed with interested parties who visit the property and demonstrate the liquidity or ability to purchase.

**PLEASE NOTE** Sale Price $8.0M USD There is no financing from the seller, or leasing terms available, (There is 3rd Party lending in USA from private lenders short term based on credit and money down) this property is priced well under market for where it is and whats on it, buyers must travel to Costa Rica for closing this property for legal protocol, this is by far the best investment opportunity in all South and Central America, in one of the most stable and tax friendly countries in the world

Phone number ✆ 07911 840302
Stourbridge, West Midlands

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