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  1. 5-Bed Ocean-View Estate with Twin Pools & Private Elevator | Green Coast Investments
5-Bed Ocean-View Estate with Twin Pools & Private Elevator | Green Coast Investments — view 1, Playas Del Coco, Costa Rica1 / 64
Ocean view

5-Bed Ocean-View Estate with Twin Pools & Private Elevator | Green Coast Investments

Playas Del Coco · Guanacaste

Guanacaste (Tamarindo, Flamingo, Nosara)

5Bedrooms
4Bathrooms
5,490 m²Built area
700 m²Land size
Pool
Ocean view
$1,950,000

Description

On this page

  1. Property Overview
  2. Why Buyers Choose Playas Del Coco, Guanacaste, Costa Rica
  3. Built for Comfort
  4. Ownership Rights
  5. Rental & Resale Outlook
  6. More About Playas Del Coco, Guanacaste, Costa Rica
  7. Frequently Asked Questions

Property Overview

Commanding an elevated ridge high above Papagayo Bay, Casa La Mar delivers sweeping Pacific Ocean vistas from its coveted position in the Los Altos del Cacique enclave near Playas Del Coco. This fully furnished residence spans an impressive 5490 m² of refined construction across three distinct levels, anchored on a 700 m² parcel designed to maximize private coastal outdoor living. Offered at USD 1950000, the estate blends structural sophistication with effortless accessibility via a private interior elevator connecting every floor.

The primary level showcases a seamless indoor-outdoor layout, framed by floor-to-ceiling glass that captures constant ocean breezes and radiant sunsets over the water. Here, a custom-designed outdoor kitchen and built-in grill sit adjacent to the home's principal infinity-edge pool, creating an ideal setting for alfresco dining. The top floor serves as an exclusive primary suite sanctuary, complete with private balcony access overlooking the bay. Lower down, the ground level converts into an independent guest retreat featuring a secondary private infinity pool, preserving guest privacy while honoring the compound-style layout. In total, the residence houses 5 bedrooms and 4 bathrooms, appointed with high-end appliances and custom architectural finishes throughout. Situated in the vibrant Guanacaste region, this estate represents a rare synthesis of space, vertical design, and private resort amenities along Costa Rica's gold coast.

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$1,950,000

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Buyer guides

Buying Property in Costa Rica as a Foreigner

Complete legal guide for US and Canadian buyers — title types, closing costs, and due diligence.

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Why Buyers Choose Playas Del Coco, Guanacaste, Costa Rica

Situated in the coveted enclave of Los Altos del Cacique, between Playa Hermosa and Playas del Coco, Guanacaste, Costa Rica, this estate occupies one of the North Pacific region's most desirable micro-locations. Perched on a high ridge overlooking Papagayo Bay and the Pacific Ocean, the home benefits from constant offshore breezes and an elevated vantage point. Guanacaste is renowned among US and Canadian buyers for its dry tropical climate, consistent sunshine, and exceptional quality of life. Whether your goal is to retire, invest, farm rental income, or work remotely while looking out over ocean waters, this region provides the ideal infrastructure and community character.

The location offers quick access to essential services and recreation. The nearby coastal town of Playas del Coco serves as a vibrant commercial hub featuring modern grocery stores, medical clinics, diverse dining, and banking facilities. The golden sands of Playa Hermosa and the calm waters of the bay are just minutes away, providing world-class sportfishing, sailing, and paddleboarding. For regional connectivity, Daniel Oduber Quirós International Airport in Liberia is easily accessible, making travel seamless for international owners and prospective vacation guests. Those exploring Tamarindo property, Flamingo Costa Rica homes, or broader Guanacaste real estate will find that Los Altos del Cacique offers a quieter, low-density alternative while remaining close to coastal attractions.

Positioned in a highly sought-after Costa Rica market, acquiring a property in Costa Rica like Casa La Mar involves straightforward ownership structures. Foreign nationals enjoy full fee simple ownership rights outside restricted maritime concession zones, granting international purchasers identical property rights to local citizens. Title is registered securely in the national registry. Buyers should account for standard closing costs, which generally range between two and four percent of the purchase price to cover notary fees, legal services, and administrative stamps. Additionally, property transfer stamp taxes typically equal roughly one and a half percent of the transaction value. Annual property taxes are calculated from the home's registered cadastral value, establishing a clear framework for long-term ownership in this flourishing Pacific corridor.

Explore more about this area on our regional guide page.

Built for Comfort

Casa La Mar is a fully furnished, multi-level architectural estate offering 5,490 square meters of high-end construction on a 700-square-meter parcel in Playas Del Coco, Guanacaste. Designed to maximize panoramic views over Papagayo Bay and the Pacific Ocean, the home features custom finishes, high-end appliances, and a private interior elevator connecting every floor. Offered at USD 1,950,000, this residence incorporates five bedrooms and four bathrooms, thoughtfully laid out to provide distinct living zones for owners and visiting guests.

The top floor houses an expansive primary suite and private living quarters featuring direct balcony access facing the ocean. On the main level, seamless indoor-outdoor living takes center stage, anchored by a custom outdoor kitchen, a built-in BBQ area, and an infinity-edge pool overlooking the bay. The ground floor operates as an independent guest retreat, complete with its own private living quarters and a second dedicated infinity pool.

Purchasing this fee-simple property in Costa Rica grants foreign buyers identical ownership rights to local citizens. Prospective owners should anticipate closing costs, including legal fees, notary services, registry filings, and transfer taxes, typically totaling between two and four percent of the purchase price.

Ownership Rights

Foreign buyers enjoy complete, fee simple ownership rights for this titled property in Los Altos del Cacique, matching the exact constitutional protections granted to local citizens. Located safely outside the restricted Maritime Zone, this Guanacaste residence provides absolute title security via the national registry. At a purchase price of USD 1,950,000, acquiring this home enables the owner to apply for Costa Rican residency under the country's investor immigration program, though approval remains subject to government review. Standard closing expenditures—including notary charges, legal counsel, land registry registration, and transfer stamp duties—typically range between two and four percent of the final transaction amount. Annual property taxes are assessed directly on the cadastral valuation registered with the local municipality.

Review title types and due diligence in our fee simple vs concession guide.

Rental & Resale Outlook

Priced at USD 1,950,000, Casa La Mar offers an attractive cost-per-square-meter profile for a 5,490 m² luxury estate on a 700 m² lot in Los Altos del Cacique. Foreign buyers enjoy fee simple title registration in this elevated neighborhood, bypassing the strict regulations associated with coastal maritime concession zones. This legal security makes the five-bedroom residence an ideal target for high-net-worth investors, multi-generational families, or buyers seeking residency-by-investment through Costa Rica's qualifying capital thresholds.

The estate's layout—featuring a primary upper-level suite, a main-level social hub, and a distinct ground-floor guest retreat—creates flexible rental capabilities. Owners can operate the property as a single high-yield short-term vacation compound, or occupy one tier while leasing independent suites for steady income. Given the growing demand across Guanacaste and the Papagayo region, the home offers strong capital preservation and long-term liquidity. Closing costs typically run between 2% and 4% of the purchase price, including notary fees, registry filings, and a property transfer stamp tax of roughly 1.5%, establishing a transparent pathway to ownership.

Model rental income for this property with our rental income calculator.

More About Playas Del Coco, Guanacaste, Costa Rica

Living in Playas del Coco within the exclusive enclave of Los Altos del Cacique offers an incomparable coastal lifestyle defined by convenience, natural beauty, and modern sophistication. Situated high on the ridge line between the tranquil cove of Playa Hermosa and the energetic pulse of Playas del Coco, this extraordinary location caters to discerning buyers who demand seamless access to everyday amenities alongside absolute residential privacy. Everyday life in this vibrant pocket of Guanacaste revolves around an effortless connection to the ocean, where pristine Pacific waters and sheltered bays serve as your permanent backdrop. Residents enjoy immediate access to a complete array of modern conveniences just five minutes down the hill, ranging from full-service medical clinics, well-stocked pharmacies, and international banking services to premier gourmet supermarkets carrying top-tier imported goods. The surrounding community radiates a welcoming, world-class atmosphere where high-end dining options, beachfront cafes, and lively social venues flourish along the shoreline. For those seeking active outdoor endeavors, the calm, warm waters of Papagayo Bay provide an ideal playground for world-class deep-sea fishing, sunset catamaran cruises, stand-up paddleboarding, and scuba diving right off the coast.

Acquiring an estate in this sought-after corridor represents far more than a premium real estate investment; it fulfills a profound buyer aspiration for elevated, effortless tropical living. The strategic placement of this residence allows owners to effortlessly transition between serene relaxation and sophisticated entertaining, all while basking in year-round sunshine and cooling ocean breezes. Flying into the region is exceptionally stress-free, as Guanacaste Airport in Liberia lies merely twenty-five minutes away via smooth, fully paved highways. This close proximity transforms the estate into an ideal turnkey retreat for frequent international travelers, permitting seamless weekend getaways or an effortless permanent relocation from North American metropolitan hubs. Upon arrival, fully paved interior roads take you directly to your private elevated sanctuary, eliminating the rugged travel challenges so often associated with coastal Guanacaste properties. Here, the aspirational lifestyle is defined by watching the sky transform during golden Pacific sunsets, hosting unforgettable gatherings on private oceanfront terraces, and enjoying complete peace of mind within an established, high-end neighborhood. Whether envisioned as a lucrative luxury investment asset, an expansive multi-generational family retreat, or a principal residence that redefines personal well-being, living in Los Altos del Cacique provides an extraordinary setting where the dream of refined, top-tier Costa Rican living becomes a daily reality.

Frequently Asked Questions

Yes, international buyers enjoy equal property rights in Costa Rica, allowing non-residents to purchase this home with direct fee-simple ownership. The estate sits on titled land within Los Altos del Cacique rather than restricted concession territory, ensuring your ownership rights are fully registered and protected under local real estate law. Standard acquisition expenses involve notary services, public registry filing fees, and property transfer taxes that typically average between two and four percent of the purchase price.
Read the guide

Contact us

Green Coast Investments

Costa Rica Real Estate

Call us[email protected]

Contact us

Green Coast Investments

Costa Rica Real Estate

Call us[email protected]

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

Playas Del Coco, Guanacaste

Property details

Price
$1,950,000
Property type
House
Region
Guanacaste (Tamarindo, Flamingo, Nosara)
Bedrooms
5
Bathrooms
4
Land size
700 m²
Built area
5,490 m²
Reference
GCI-MLS#2966
Ocean View

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