270 acres with 3 km of private beach

This expansive 270-acre beachfront property, boasting three kilometers of private beach access and two kilometers of Pan-American Highway frontage, is offered with fee simple title. Foreign buyers are permitted full ownership of fee simple titled land in Costa Rica. Annual property taxes are assessed based on the registered cadastral value of the property. For a transaction of this scale, closing costs, encompassing notary fees, legal services, and various governmental stamps, typically range from two to four percent of the purchase price. Additionally, a property transfer stamp tax, usually around 1.5% of the declared transaction value, will apply. Due to the significant investment amount, this acquisition may qualify the buyer for consideration under Costa Rica's residency-by-investment programs, though approval is not guaranteed and depends on individual circumstances and program requirements. The sellers are open to various arrangements, including owner financing, partial sales, or joint ventures.

This expansive 1,087,600 m² property, located in Bandera, Parrita, presents a unique development opportunity. The land boasts an impressive 3 kilometers of private beachfront, situated between Playa Bejuco and Playa Bandera. Complementing this extensive ocean frontage is 2 kilometers of direct access to the Pan-American Highway, a major thoroughfare. This dual frontage offers exceptional potential for a variety of projects, from an exclusive beachfront community with residential and commercial zoning to a large-scale resort.

The property’s topography is predominantly flat, simplifying construction and development. The beach itself is pristine and undeveloped, accessible primarily through the property or via an estuary at low tide, ensuring a high degree of privacy. The surrounding estuaries further frame the 3 kilometers of virgin beach. This 270-acre parcel is offered at USD 10,000,000. Foreign buyers are permitted fee simple ownership, though maritime and concession zones adhere to separate regulations. Annual property taxes are based on the registered cadastral value, and closing costs, including transfer tax, notary, registry, legal fees, and stamps, typically range from 2-4% of the purchase price, with the property transfer stamp tax being approximately 1.5% of the declared transaction value.

This expansive 270-acre development parcel, boasting three kilometers of pristine beachfront, is situated in Bandera, Parrita, Puntarenas, Costa Rica. This micro-location offers a unique blend of accessibility and unspoiled natural beauty, making it an exceptional opportunity for those looking to buy property in Costa Rica. Parrita, nestled within the Central Pacific region, is renowned for its vibrant real estate market, attracting US and Canadian buyers seeking lifestyle, value, and long-term appreciation. The property’s direct frontage on the Pan-American Highway, a major thoroughfare, provides unparalleled commercial visibility and ease of access, complementing its secluded beachfront.

The property’s vast 1,087,600 square meters offer significant development potential, from an exclusive residential community with ocean view homes to a large-scale resort or even an 18-hole golf course. While all beaches in Costa Rica are public, the unique geographical features of this parcel, flanked by estuaries, mean its three kilometers of virgin beach are primarily accessed through the property itself or via the estuary at low tide, ensuring a high degree of privacy. This makes it an ideal location for those seeking beach property near Jaco or Playa Hermosa homes for sale, but with a greater sense of exclusivity. The climate in this part of Puntarenas is tropical, characterized by warm temperatures and lush vegetation, fostering a vibrant ecosystem. The lifestyle here caters to a range of aspirations, from surf enthusiasts to those seeking a tranquil retirement, or investors looking for significant returns. Foreign buyers are permitted fee simple ownership, and while maritime and concession zones follow distinct regulations, this property's vast land area allows for extensive development beyond those specific zones. Investors should be aware of standard closing costs, typically ranging from 2-4% of the purchase price for notary, registry, legal fees, and stamps, along with a property transfer stamp tax of approximately 1.5% of the declared transaction value. Annual property tax is based on the registered cadastral value.

This expansive 1,087,600 m² property, featuring 3 km of private beachfront between Playa Bejuco and Playa Bandera, presents a compelling investment opportunity. The sheer scale, coupled with 2 km of Pan-American Highway frontage, positions it for significant development. With an asking price of $10,000,000, the per-square-meter cost offers an attractive entry point for a parcel of this magnitude and unique dual frontage. Regional averages for developed beachfront land can vary significantly, but this property's size and direct access to both the ocean and a major thoroughfare (seeing over a million visitors annually) provide a distinct advantage for future value appreciation.

The ideal buyer for this property is a developer or consortium envisioning a large-scale project, such as an exclusive beachfront community with mixed-use residential and commercial components, or even a golf course. The current market timing in Costa Rica remains favorable for strategic land acquisition, particularly for properties offering such substantial development potential. For US and Canadian buyers, fee simple ownership is permitted, simplifying the acquisition process.

Regarding financial considerations, annual property tax is based on the registered cadastral value, a figure determined by the municipality. Buyers should also factor in a property transfer stamp tax, typically around 1.5% of the declared transaction value, and a closing bundle covering notary, registry, legal, and additional stamps, which commonly ranges from 2% to 4% of the purchase price. The sellers are open to various arrangements, including owner financing, partial sales, or joint ventures, providing flexibility for sophisticated investors. An exit strategy could involve phased development and sales, or a complete sale to a larger entity once initial infrastructure is established, leveraging the property's unique attributes and strategic location.

This extraordinary 270-acre development parcel presents an unparalleled opportunity to shape a legacy along Costa Rica's pristine Pacific coastline. Boasting an impressive three kilometers of untouched private beach, this expansive property is strategically nestled between the vibrant Playa Bejuco and the serene Playa Bandera. Its remarkable scale – 108 hectares and 7600 square meters – offers a canvas for visionary development, whether it be a comprehensive master-planned community, an exclusive eco-resort, or a blend of residential and commercial ventures. The property's unique dual frontage is a key differentiator: not only does it offer direct access to the Pacific Ocean, but it also features two kilometers of frontage along the Pan-American Highway, a vital artery that sees over a million travelers annually. This dual access positions the land perfectly for developments that cater to both the secluded luxury market and the more accessible commercial sector. While all beaches in Costa Rica are technically public, the natural geography of this particular stretch, flanked by estuaries on both sides, ensures that its three kilometers of virgin beach remain exceptionally private, accessible primarily through the property itself or by foot during low tide via the estuaries. This inherent exclusivity, combined with its vast, flat, and easily developable terrain, makes it a truly rare find in a market where such large, unblemished beachfront parcels are increasingly scarce. The sellers are motivated and open to a variety of collaborative arrangements, including owner financing, partial sales, or joint ventures, signaling a flexible approach to partnering with the right investors to unlock the full potential of this magnificent estate. Its competitive pricing further underscores the exceptional value proposition for a property of this caliber, inviting immediate interest from discerning developers and investors.

The allure of Bandera, Parrita, and the broader Puntarenas region extends far beyond the physical attributes of this remarkable property; it encapsulates a lifestyle and fulfills a range of profound buyer aspirations. Imagine waking to the rhythmic symphony of waves, with the Pacific Ocean stretching endlessly before you, a daily invitation to embrace the tranquility and natural beauty that defines Costa Rica's "Pura Vida." This isn't merely a location; it's a gateway to an existence where the pace of life slows, where connection with nature is paramount, and where the pursuit of well-being takes center stage. For the discerning buyer, whether an individual seeking a private sanctuary or a developer envisioning a world-class resort, this property offers the ultimate canvas for crafting an escape from the ordinary. The region's vibrant biodiversity, from exotic birds to playful monkeys, creates an immersive natural experience, fostering a sense of wonder and encouraging outdoor pursuits such as surfing, paddleboarding, fishing, and exploring the lush tropical rainforests that fringe the coastline. The climate is consistently warm, inviting year-round enjoyment of the outdoors, while the local culture is rich with warmth and hospitality, offering an authentic taste of Costa Rican life. This setting appeals to those who dream of a life less cluttered, more connected, and deeply rooted in the natural world. It speaks to the desire for a legacy, a place where families can gather for generations, creating cherished memories against a backdrop of unparalleled natural splendor. For investors, the inherent value lies not just in the land itself, but in the promise of a lifestyle that is increasingly sought after globally – one of health, adventure, and profound peace. The vision here is not simply to build structures, but to cultivate experiences, to foster a community that thrives in harmony with its surroundings, and to offer a haven where the stresses of modern life simply melt away. This is an investment in a dream, a tangible manifestation of a desire for a richer, more meaningful existence, set against the breathtaking panorama of Costa Rica's Pacific coast.

Ownership of this prime Costa Rican property is straightforward, allowing individuals or entities to hold fee simple title. While specific regulations apply to maritime zones, this expansive acreage falls outside those restrictions, making it available for direct purchase. The ownership is fully registered and legally protected under Costa Rican law, providing a secure and transparent investment. Annual property taxes are assessed based on the registered cadastral value of the land, a standard practice in Costa Rica. The closing process for a property of this scale typically ranges from 30 to 90 days, influenced by the complexity of the transaction and the necessary due diligence. Buyers should anticipate closing costs, which generally include notary fees, registry fees, and legal expenses, collectively representing a percentage of the purchase price. Additionally, a property transfer stamp tax, usually around 1.5% of the declared transaction value, is applicable. For foreign buyers, fee simple ownership is fully permitted, with specific rules for maritime and concession zones not impacting this particular parcel. It is also worth noting that certain price thresholds for property investment in Costa Rica may open avenues for residency-by-investment programs, though approval is not guaranteed and depends on individual circumstances and current regulations.

The extensive highway frontage along the Pan-American Highway indicates readily accessible infrastructure for electrical service. A new owner developing this significant parcel would collaborate with local utility providers to establish appropriate grid connections tailored to the development's specific needs. Any backup power systems would be an independent installation, designed to complement the planned residential or commercial ventures. Given the two kilometers of direct frontage on the Pan-American Highway, high-speed internet connectivity is generally available in this region. Developers typically have various options, including fiber optic or satellite-based internet services, to support any planned residential or commercial endeavors on the property. Specific service providers and their offerings would be confirmed during the due diligence phase. This expansive 270-acre property, uniquely positioned between two estuaries and featuring three kilometers of virgin beach, would likely utilize a combination of solutions for its water supply. Depending on the scope and nature of the development, options could include drilling wells directly on the property or connecting to municipal water sources if available in the nearby vicinity. Environmental impact studies would be crucial in guiding the most sustainable and efficient approach to water management for any proposed development.