12-Acre Ocean View Development Lot in Exclusive Garabito Gated Community

Positioned in the scenic Garabito canton, this expansive 50,000 m² parcel of land is offered at USD 1,250,000. The property occupies a prime hilltop location featuring a mostly flat topography that is highly advantageous for construction. From this elevated vantage point, you can enjoy panoramic views of the surrounding countryside and the Pacific Ocean, stretching across Playa Agujas and Punta Leona. The generous acreage and favorable terrain make the land exceptionally versatile, providing an ideal canvas for a single luxury private estate or a multi-residential development of homes or condominiums.

Located within the secure Plantation Acres community near Quebrada Ganado, the property offers proximity to the exclusive, gated Punta Leona beach club. For shopping, dining, and golf, the vibrant coastal hubs of Playa Jacó, Playa Herradura, and the Los Sueños resort are just a short drive away.

Acquiring this real estate involves standard Costa Rican transaction costs, including a property transfer stamp tax of approximately 1.5% of the declared value, alongside closing fees for notary, registry, and legal services that typically range from 2% to 4% of the purchase price. Ongoing ownership costs are highly manageable, as the annual property tax is calculated directly from the registered cadastral value.

This 50,000-square-meter parcel in Garabito presents a versatile acquisition for developers or high-net-worth buyers targeting the Central Pacific corridor. At $1,250,000, the land is priced at $25 per square meter, offering a competitive entry point compared to smaller, premium-priced residential lots in nearby Los Sueños or Jacó. Buyers can leverage the expansive, flat hilltop topography to construct a single private estate with guest casitas, or develop a multi-unit residential community of houses or apartments.

The property appeals to developers seeking short-term construction profits or investors planning a long-term hold with partial parcel liquidation. Costa Rica’s current market timing is highly favorable, driven by sustained demand for properties within ninety minutes of San José and the international airport.

From a transaction perspective, foreign buyers enjoy fee-simple ownership rights identical to Costa Rican citizens. Ongoing ownership costs are optimized, as annual property taxes are calculated based on the registered cadastral value rather than the market purchase price. Buyers should budget approximately 2% to 4% of the purchase price to cover the comprehensive closing bundle, which includes notary fees, registry charges, legal services, and the standard property transfer stamp tax.

This five-hectare parcel in Garabito, Puntarenas, Costa Rica, offers a rare combination of elevated privacy and exceptional convenience, making it a standout choice for those looking to buy property in Costa Rica. Situated on a flat hilltop within the secure Plantation Acres community, the land overlooks the Pacific Ocean, with clear views stretching toward Playa Agujas and Punta Leona. This micro-location balances peaceful coastal living with rapid access to regional hubs. The quiet beach village of Playa Agujas and the neighboring town of Quebrada Ganado are just moments away, while the exclusive Punta Leona beach club sits only a minute from the property. For a more energetic coastal experience, the bustling surf, dining, and shopping scenes of Playa Jaco and Playa Herradura are easily accessible, along with the championship golf course and marina at the Marriott Los Sueños resort.

Positioned within the highly desirable Garabito canton, this acreage represents a premier opportunity for buyers exploring Playa Hermosa homes for sale or searching for versatile beach property Jaco. The location is highly practical for international travelers, situated just over an hour from the capital city of San José and its international airport. This accessibility supports a variety of lifestyles, whether your goal is to establish a private family estate, build a collection of guest casitas, or develop a multi-home residential project. In the broader context of real estate Jaco Costa Rica, this property benefits from favorable ownership laws, as foreign buyers enjoy the same fee-simple ownership rights as citizens for titled land outside the maritime concession zone. Additionally, purchasing this premium tract can position buyers to qualify for the country's residency-by-investment program. Ongoing ownership costs are highly manageable, with annual property taxes calculated strictly on the registered cadastral value of the land, while standard closing fees, registry stamps, and transfer taxes typically add a predictable percentage to the initial transaction.

Acquiring this premium 12-acre parcel in Garabito is a straightforward process for international buyers, as Costa Rican law grants foreign nationals the exact same fee-simple ownership rights as local citizens. Because this property sits outside the restricted maritime zone, you receive secure, outright ownership of the land. With a purchase price of $1,250,000, this investment comfortably exceeds the national threshold required to apply for investor residency status, offering a direct path to legal residency in Costa Rica.

During the acquisition, buyers should anticipate a standard closing bundle—covering notary fees, registry charges, and legal stamps—which typically totals between two and four percent of the final transaction price. This includes a property transfer stamp tax that generally amounts to about 1.5% of the declared value. Once the purchase is complete, ongoing holding costs remain highly favorable. The annual property tax is calculated directly from the registered cadastral value of the land, keeping your yearly carrying costs remarkably low compared to North American standards.

Embracing the lifestyle of this coveted corridor in Garabito is about finding a harmonious balance between raw, untouched natural beauty and the sophisticated comforts of modern coastal living. Here, your mornings begin with the gentle symphony of scarlet macaws and toucans nesting in the lush canopy that fringes your five-hectare estate. As the golden Costa Rican sun rises over the mountains, you can sip locally grown coffee on your future veranda, looking out over the shimmering expanse of the Pacific Ocean. This location caters to those who seek a sanctuary from the frantic pace of the modern world without sacrificing the finer things in life. Whether your day involves a tranquil morning walk along the soft sands of Playa Agujas, an exhilarating afternoon of sportfishing departing from the nearby world-class marina at Los Sueños, or a round of championship golf surrounded by tropical rainforest, this region delivers an unparalleled quality of life. It is a place where time slows down, allowing you to savor the simple pleasures of warm ocean breezes, spectacular year-round sunsets, and a deep, authentic connection to the land.

For the visionary buyer, this property represents more than just a premium piece of real estate; it is the ultimate canvas for realizing a legacy. The sheer scale and flat, elevated topography of this hilltop ridge invite you to dream without limits. You might envision a grand, private family compound designed with sustainable tropical architecture, complete with infinity pools that merge seamlessly with the blue horizon of the ocean below. Alternatively, the expansive acreage offers an extraordinary opportunity for an eco-conscious developer to create an exclusive enclave of luxury villas or high-end apartments, catering to the growing global demand for wellness-focused residential retreats. Owning a property of this caliber in Puntarenas aligns perfectly with the aspirations of high-net-worth individuals who demand privacy, security, and natural beauty, yet require seamless connectivity to international travel hubs and upscale urban amenities. This is your chance to establish a permanent foothold in one of Central America’s most stable and beautiful destinations, creating a personal haven that will inspire and rejuvenate your family, guests, or future residents for generations to come.