Luxury Residences · Prime Location
+ Regulatory Upside PotentialVideo plays when connected to the internet
A prime 8,216 m² parcel in Santa Ana — one of Greater San José's most desirable residential corridors, with dual street frontage and elevated valley views.
The property commands a dominant position in Santa Ana, with dual street access and sweeping valley views. Elevated terrain provides natural privacy while maintaining proximity to premium amenities.
Current regulation supports up to 4 towers and 60 units, with significant potential for increase in near future.
Two thoughtfully designed floor plans — priced well below comparable apartments in other locations.
Our recommendation is priced below comparable units—even those with smaller layouts in areas closer to the city center.
Our recommendation is priced below comparable units—even those with smaller layouts in areas closer to the city center.
Optimized for maximum permitted density under Zona Residencial de Media Densidad (ZRDM). Four towers of 15 units each across three floors.
Current regulation supports up to 4 towers and 60 units, with significant potential for increase in near future. Adjust the variables below to explore how the economics shift under different market assumptions.
Land at $100/m² · Sale at $2,325/m² · Construction at $1,275/m²
How does the deal perform at different land acquisition costs? Table updates with current slider inputs.
All scenarios use the sale price and construction cost from the sensitivity controls above.
| Land Price ($/m²) | Land Cost | Total Cost | Revenue | Net Profit | Margin |
|---|
4-tower build-out over 30 months, with each phase partially funding subsequent phases. Cash flow reflects a phased construction and absorption schedule, based on the base financial model.
Altos de Felipe is positioned at roughly 7–10% below comparable projects in consolidated submarkets of San José (Los Anonos, Uruca), representing a $15K–$20K gap per unit. Given its location between Lindora and Guachipelín—two of the most dynamic residential and commercial nodes on the West side—this pricing suggests clear upside potential, especially considering the project's larger unit formats and competitive price per square meter.
| Project | Unit Type | Apt m² | Parking m² | Total m² | Price (USD) | $/Apt m² | $/Total m² |
|---|---|---|---|---|---|---|---|
| Altos de Felipe | 1 Bedroom | 70 | 15 | 85 | $180,000 | $2,571 | $2,118 |
| Altos de Felipe | 2 Bedrooms | 90 | 18 | 108 | $226,100 | $2,512 | $2,093 |
| Apartamentos en la Uruca | 1 Bedroom | 50 | 12 | 62 | $152,500 | $3,050 | $2,460 |
| Apartamentos en la Uruca | 2 Bedrooms | 70 | 14 | 84 | $183,600 | $2,623 | $2,186 |
| Apartamentos en Los Anonos | 1 Bedroom | 56 | 13 | 69 | $179,200 | $3,200 | $2,597 |
| Apartamentos en Los Anonos | 2 Bedrooms | 76 | 16 | 92 | $196,500 | $2,586 | $2,137 |
Two viable configurations within the same land parcel. The premium mix scenario captures higher-value units on upper floors.
