Rancho Villa Real - 2.25 Acre Lot in a Gated Community

Lot D currently has one water meter installed, allowing the construction of one house and a guest house. The lot is registered as Sub-Condominiums and could be subdivided into 4 lots in the future, subject to getting a water certification from the local water association of Villa Real (Asada Villa Real). But at the moment, Asada Villa Real is limiting water certification in the area of Villa Real. It can also remain as one big lot for an owner wanting privacy. 

Lot D features 9,167m2 or about 2.25 acres. This is a rare opportunity to own a big lot in a gated community, with 24 security, a clubhouse, and paved roads. Rancho Villa Real is located only 5 driving minutes to the beach and Tamarindo amenities. The HOA fees for this lot are US$ 661.44/month. This lot also gives you 3% of voting rights in the Rancho Villa Real association. 

In case of no segregation (lot to be kept as one big lot),  those regulations would apply: 

• Authorization to build one single-family home and a guest house
• 25% Maximum coverage for buildings and structures 
• 65% Minimum space for gardens 
• 10% Maximum coverage of paved areas
• Minimum setbacks: 8 meters from lot lines
• Minimum for garage gate or carport, setbacks: 9 meters from the access road
• Overhangs and cantilevered elements: maximum 2 meters
• The maximum height for buildings: 2 floors (9 meters). 
• Garage: 1 
• Minimum parking provided: 2 

In case of segregation in the future, those regulations would apply: 

• Authorization to build single-family homes 
• 25% Maximum coverage for buildings (houses) and structures (per lot)
• 65% Minimum space for gardens (per lot)
• 10% Maximum coverage of paved areas (per lot)
• Minimum setbacks between buildings or houses: 8 meters from lot lines
• Minimum for garage gate or carport, setbacks: 9 meters from the access road
• Overhangs and cantilevered elements: maximum 2 meters
• The maximum height for buildings: 2 floors (9 meters). 
• Garage: 1 per lot
• Minimum parking provided: 2 per lot