12-Acre Ocean View Development Estate in Playa Hermosa - Prime Investment Land with Multiple Villas

This expansive estate in the Garabito canton, within the Jacó district, is listed at USD 1500000. Spanning a vast land size of 50000 m², the property features a total construction footprint of 500 m². The existing structures showcase durable concrete and steel-framed construction, including an apartment building upgraded with a brand-new galvanized steel roof in 2024. The estate offers a versatile layout with a total of 6 bedrooms across multiple residences, including a three-bedroom main house with a dedicated guest apartment, a garden bungalow, a private canopy loft, and a tranquil retreat cottage.

The outdoor living spaces are designed to maximize the coastal environment, featuring a swimming pool, open-air social areas, and elevated construction platforms that deliver panoramic views of the Pacific Ocean and surrounding mountains. The property is equipped with robust infrastructure, including two private freshwater wells alongside public water and electrical connections. High-speed connectivity is supported by 5G cellular reception on the upper ridges of the estate. Internal roads and gated access points secure the acreage, which is divided into seven distinct lots with ample space for future luxury development.

This 50,000-square-meter estate in Playa Hermosa presents a highly versatile investment structure for buyers seeking immediate cash flow alongside long-term development upside. With a total price of $1,500,000, the property is valued at an attractive $30 per square meter. This entry point is highly competitive for the Jacó and Garabito region, especially considering the extensive existing infrastructure. The footprint includes a two-level apartment building with four one-bedroom units, a three-bedroom main residence with an attached guest apartment, a two-bedroom garden bungalow, a private canopy loft, and a separate two-bedroom retreat house.

Investors can capitalize on immediate rental income by operating the existing units as a boutique multi-family rental pool or a transitionary corporate retreat. Simultaneously, the four elevated building platforms with Pacific Ocean views and the remaining undeveloped parcels among the seven distinct lots allow for a phased expansion, such as building luxury villas or a wellness lodge.

The ideal buyer is a developer, hospitality operator, or a high-net-worth investor looking to secure fee-simple land in Costa Rica, which grants foreign buyers the same ownership rights as citizens. At this purchase price, buyers may also explore the country's residency-by-investment pathways. Transaction costs to budget for include a property transfer stamp tax of approximately 1.5% of the declared value, with the total closing bundle—encompassing notary fees, registry registration, legal services, and stamps—typically ranging between 2% and 4% of the purchase price. Ongoing holding costs are minimized by an annual property tax calculated on the registered cadastral value. This estate offers a clear exit strategy, allowing a buyer to subdivide and sell the individual parcels or sell a fully operational boutique hospitality venue.

This exceptional acreage is situated in Playa Hermosa, within the Garabito canton of the Puntarenas province, a region highly coveted by North American buyers seeking to buy property in Costa Rica. Located just off Route 34, this expansive tract offers a peaceful coastal lifestyle while remaining only minutes from the bustling town center of Jacó. This strategic location provides residents and guests with rapid access to the region's premier surfing beaches, diverse dining options, professional medical clinics, and essential services. The proximity to San José and the Juan Santamaría International Airport—accessible via well-maintained national highways—makes it an ideal hub for international travelers, remote executives, and retirees. Garabito stands out as a key destination within Costa Rica's diverse property landscape, seamlessly blending the raw beauty of the central Pacific coast with the modern conveniences required for long-term residency or high-yield investment.

The local microclimate is characterized by warm tropical temperatures, gentle ocean breezes, and a lush rainforest backdrop that supports rich biodiversity. Scarlet macaws regularly paint the sky, while white-faced capuchin monkeys move through the canopy. This unique environment enables a lifestyle centered on outdoor adventure, wellness, and ecological appreciation. For those exploring Playa Hermosa homes for sale, this property delivers a rare combination of privacy and connectivity, complete with 5G cellular reception on its elevated ridges. Investors looking at real estate Jaco Costa Rica will find that this multi-unit estate—comprising a main house, an independent guest apartment, a garden bungalow, a canopy loft, a retreat house, and a four-unit apartment building—is perfectly positioned to capture the growing demand for premium beach property Jaco. Whether your goal is to establish a boutique eco-lodge, a wellness retreat, or a private family compound, the local infrastructure and natural topography support a wide range of long-term development strategies.

Acquiring this expansive Playa Hermosa development property is a straightforward process for international investors, as Costa Rican law grants foreign buyers the same fee-simple ownership rights as local citizens. Because this parcel sits outside the restricted maritime zone, you can hold secure, absolute title to the entire 12.35-acre estate, which encompasses the primary residence, the apartment building, and the multiple guest dwellings.

With a purchase price of $1,500,000, this transaction comfortably exceeds the financial threshold required to apply for Costa Rican residency under the investor category. During the acquisition, buyers should budget for closing costs, which typically range between two and four percent of the purchase price. This bundle covers notary fees, registration expenses, legal services, and the necessary government stamps. Additionally, a property transfer stamp tax, generally amounting to about 1.5 percent of the declared transaction value, will be due at closing. Once registered, the estate is subject to an annual municipal property tax calculated directly from its registered cadastral value.

This exceptional estate in Playa Hermosa, Garabito, offers far more than prime real estate; it delivers an unparalleled coastal lifestyle that perfectly aligns with the aspirations of discerning global buyers. Situated just moments from the vibrant energy of Jacó, this location is a legendary haven for world-class surfing, outdoor adventure, and refined tropical living. For the visionary investor or private homeowner, this property represents the ultimate Costa Rican dream: a sanctuary of absolute privacy, natural beauty, and modern convenience. Imagine waking up to the gentle sounds of the Pacific Ocean and the calls of exotic birds, spending your mornings surfing the world-famous breaks of Playa Hermosa, and your afternoons enjoying the upscale dining, boutique shopping, and lively entertainment of nearby Jacó. This region is renowned for its seamless blend of raw, untouched nature and sophisticated coastal amenities, making it one of the most sought-after destinations in Central America.

For buyers seeking a legacy property, a wellness retreat, or a high-end eco-lodge, the unique topography of this twelve-acre estate provides the perfect canvas to realize those ambitions. The elevated building platforms offer a dramatic vantage point where the lush rainforest canopy meets the azure waters of the Pacific, creating an inspiring backdrop for luxury villas or yoga pavilions. This is a place where you can disconnect from the frantic pace of modern life and reconnect with what truly matters, all while remaining connected to the world via high-speed communication. The aspiration of living a healthier, more balanced lifestyle—the true "Pura Vida" way of life—is fully realized here. Whether you envision a private family compound surrounded by tropical gardens or a boutique hospitality venture that caters to eco-conscious travelers, this estate offers the space, infrastructure, and prestigious location to turn those aspirations into a breathtaking reality.