Description:

Costa Rica real estate for sale by owner offers a premier *sustainable development in The Hills of Portalon Estates & Reserve. An excellent investment opportunity in a High-end environmentally conscience Costa Rica residential development. The lot purchase also includes ownership in approximately 150 acres of your own private biological reserve. Private nature reserves border the lots and insure the purity of the surrounding land, so full of life and beauty. The Hills of Portalon Estates has been blessed with an abundance of primary rainforest and is intended to be protected. Much of the natural forest is in a biological reserve under the name of "Hills of Portalon Reserve S.A “. Several natural springs and quebradas (streams) are included in the reserve and need to be protected. There are horseback riding trails and hiking paths for the sole use of Hills of Portalon Estates property owners and their guests. The lot owners in the Hills of Portalon Estates receive one stock share each of Hills of Portalon Reserve S.A. There shall be only one share per original parcel and the share must be transferred in full to a new owner when the parcel is resold. This also means that lots cannot be re divided. The two, 5+ acre tracts enjoy spectacular views of the protected rainforest, emerald valley, Manuel Antonio National Park, and the southern Pacific Ocean beaches. Located only 25 minutes from Manuel Antonio / Quepos airport or 25 minutes to Playa Dominical. Just 10 minutes to the most beautiful beach in the southern zone, Playa Matapalo. World-class fishing (400 slip marina in Quepos under construction) white water rafting only minutes away. Come and visit! Enjoy a horseback tour of this premier eco-friendly Costa Rica development. Thank You *Sustainable development- The project places restrictions on individual parcels, in form of environmental easements. The restrictioins prevent subdividing and limit the number and size of the structures that may be constructed on each lot. The project also conserves its natural resources with an environmental easement on 60 hectacres (150 acres) of primary forest and gives it back to the individual lot owners in the form of 'shares' in the corporation. The easement gaurantees that the forest will never be developed and obligates the lot owners to protect it from poaching and other threats. We believe this will only enhance the project now and in the future.