Ocean view
1 / 116This expansive five-acre coastal estate in the Dominicalito district of the Osa canton represents a rare opportunity to secure a premier development parcel in Costa Rica's highly coveted Southern Pacific region. Priced at USD 799,000, the property spans 20,184 square meters of prime, usable land, offering sweeping ocean views and absolute privacy amidst lush tropical greenery. The estate is uniquely characterized by its natural geography, which includes a pristine, flowing waterfall that runs directly through the property, adding immense ecological value. A public access road borders and crosses a small portion of the land, naturally dividing the acreage into two distinct sections. This layout provides exceptional flexibility for a buyer looking to construct a multi-structure family compound, a private luxury residence with detached guest casitas, or a boutique residential development.
From an investment perspective, acquiring this land is highly advantageous. Foreign buyers enjoy the security of fee-simple ownership rights, which are identical to those held by Costa Rican citizens. The annual property tax is calculated based on the registered cadastral value of the estate, keeping ongoing holding costs highly manageable. When finalizing the purchase, buyers should anticipate a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Additional closing expenses, which encompass notary fees, registry filings, legal services, and stamps, typically range between two and four percent of the final purchase price. At this investment level, the acquisition may also position the buyer to qualify for the country's residency-by-investment program, securing a permanent foothold in this coastal paradise.
Acquiring this five-acre Dominicalito estate is a straightforward process for international buyers, as Costa Rican law grants foreign investors the exact same fee-simple ownership rights as local citizens. Because this property sits outside the restricted maritime zone, you receive full, absolute ownership under a registered deed. The purchase price of $799,000 easily surpasses the government's established threshold for the residency-by-investment program, providing a clear pathway to legal residency for you and your family.
During the acquisition, you should anticipate closing costs—which encompass notary fees, registry charges, legal services, and stamps—to total between two and four percent of the purchase price. This includes the standard property transfer stamp tax, which typically accounts for about one and a half percent of the declared transaction value. Once ownership transfers, your ongoing holding costs remain remarkably low; the annual property tax is calculated using a modest percentage of the property's registered cadastral value, which is generally much lower than the actual market value.
Review title types and due diligence in our fee simple vs concession guide.
This expansive development estate in the Osa canton spans 20,184 m² of prime coastal land in the highly desirable Dominicalito district. Priced at USD 799,000, the property offers multiple large, usable building areas that are ideal for constructing a private family compound with a main house and separate guest casitas. The natural topography is divided by a public access road, which creates two distinct development sections. This unique layout provides excellent flexibility for architectural planning, allowing owners to separate a main estate from secondary guest villas while maintaining complete privacy.
The outdoor environment is defined by panoramic ocean views and lush tropical greenery. A natural waterfall runs directly through the acreage, providing a rare ecological feature that enhances the overall tranquility of the estate.
For international buyers, Costa Rica permits fee-simple property ownership, meaning foreign investors hold the same ownership rights as local citizens. When purchasing this estate, buyers should note that the annual property tax is calculated based on the registered cadastral value of the land, rather than the market purchase price. Additionally, buyers should budget for standard closing costs, which typically include a property transfer stamp tax of about 1.5 percent of the declared transaction value, alongside notary and registry fees.
Nestled in the highly coveted Dominicalito Hills within the Osa Canton of Puntarenas, this expansive five-acre estate offers an unparalleled micro-location for buyers looking to buy property in Costa Rica. Situated in the heart of the Costa Ballena region, the property is positioned just minutes from the calm waters of Dominicalito Beach and the vibrant surf community of Dominical. To the south, the commercial hub of Uvita provides convenient access to essential amenities, including modern medical clinics, supermarkets, organic markets, and bilingual schools, while the regional airport in Quepos is located within a reasonable driving distance to the north. This specific microclimate is defined by cool ocean breezes that sweep up the mountainside, meeting the dense rainforest canopy to create a refreshing, temperate atmosphere. The local lifestyle seamlessly accommodates diverse ambitions, whether you intend to build a private multi-home family compound, establish a boutique eco-retreat, or develop a series of luxury guest casitas.
This parcel represents a distinct opportunity within the broader landscape of real estate Dominical Costa Rica. The natural topography features a public road that gently bisects the land, creating a larger upper section and a smaller lower section, both of which boast expansive ocean views and independent access points. A year-round natural waterfall flows directly through the acreage, offering a rare water feature that enhances the ecological value of the estate. For those exploring property Uvita and Costa Ballena homes, this tract stands out for its development flexibility and investment security. Under national law, foreign buyers enjoy the same fee-simple ownership rights as citizens for registered titled land outside of maritime concession zones. When acquiring this property in Dominicalito, Osa, Puntarenas, Costa Rica, transaction costs include a property transfer stamp tax calculated at approximately one and a half percent of the declared value, alongside a closing bundle covering notary, registration, and legal fees that typically ranges from two to four percent of the purchase price. Ongoing ownership is highly cost-effective, as annual property taxes are calculated based on the registered cadastral value of the land rather than the market purchase price, making this a highly secure and financially attractive asset for international investors.
Explore more about this area on our regional guide page.
This five-acre estate in Dominicalito represents a strategic acquisition for developers, land bankers, or high-net-worth buyers seeking to establish a multi-residence family compound. Priced at $799,000 for 20,184 square meters of land, the property offers an entry point of approximately $39.58 per square meter. This positioning is highly competitive for ocean-view acreage in the Dominical-Uvita corridor, where premium parcel prices continue to climb due to inventory scarcity.
The estate's layout, divided by a public access road into two distinct sections, provides a clear exit strategy. An investor can develop a primary luxury residence on the larger portion while simultaneously or sequentially building guest casitas or selling the smaller section to recoup initial capital. The presence of a natural waterfall on-site adds a rare ecological asset that significantly enhances future resale valuation.
From a transactional perspective, foreign buyers enjoy the security of fee-simple ownership, as this property sits outside the restricted maritime concession zones. Buyers should budget between 2% and 4% of the purchase price to cover the comprehensive closing bundle, which includes notary fees, registry charges, and legal services. Additionally, the property transfer stamp tax typically requires about 1.5% of the declared transaction value. Ongoing holding costs remain highly favorable, as the annual property tax is calculated based on the registered cadastral value of the land rather than the market purchase price. This tax structure ensures low carrying costs while you finalize architectural plans or secure development permits.
Model rental income for this property with our rental income calculator.
Embracing the lifestyle of Dominicalito Hills means immersing yourself in a world where the boundary between luxury living and raw, untamed nature simply dissolves. For the discerning buyer, this five-acre estate represents far more than a premier tract of development land; it is a blank canvas for a life defined by wellness, privacy, and quiet sophistication. Imagine waking up to the gentle symphony of the rainforest, where the morning mist rises off the canopy and the distant murmur of the Pacific Ocean sets a tranquil rhythm for your day. Here, the aspiration of coastal living is realized in its most authentic form. You can spend your mornings surfing the clean breaks of the nearby bay, your afternoons exploring the shaded sanctuary of your own private waterfall, and your evenings hosting unforgettable gatherings on a custom-designed terrace that frames the golden Costa Rican sunset. This is a place where high-net-worth individuals, visionary developers, and multi-generational families can escape the frantic pace of the modern world without sacrificing the connectivity and conveniences they require. The unique topography of this two-hectare property allows for the creation of an architectural masterpiece that respects the natural contours of the land while maximizing the dramatic ocean views. By securing this rare piece of the Southern Pacific coast, you are not just purchasing real estate; you are investing in a legacy of environmental stewardship, personal sanctuary, and an unparalleled quality of life that only the Osa Peninsula can provide.
Dominicalito, Osa, Puntarenas
Principal broker
In Costa Rica since 2004
