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  3. 5BR Ocean View Luxury Oasis in Dominicalito Bay | Green Coast Investments
5BR Ocean View Luxury Oasis in Dominicalito Bay | Green Coast Investments — view 1, Dominical, Costa Rica1 / 64
Ocean view

5BR Ocean View Luxury Oasis in Dominicalito Bay | Green Coast Investments

Dominical · Puntarenas

Dominical / Uvita

5Bedrooms
4Bathrooms
609 m²Built area
13,528 m²Land size
Pool
Ocean view
$2,450,000

Description

On this page

  1. The Property
  2. Home Specifications
  3. Investment Potential
  4. Living in Dominical, Puntarenas, Costa Rica
  5. Buying Process & Title
  6. More About Dominical, Puntarenas, Costa Rica
  7. Frequently Asked Questions

The Property

Perched above the cresting waves of Dominicalito Bay in the Dominical region, Villa Kańik redefines high-end coastal living along Costa Rica’s southern Pacific rim. Positioned at the termination of a quiet dead-end road, this sprawling estate spans 13,528 m² of private terrain, offering complete solitude enveloped by thick rainforest canopy and ocean air. Listed at USD 2,450,000, the fully furnished residence comprises 608.98 m² of total construction across 5 bedrooms and 4.5 bathrooms, merging natural textures with refined architectural detail.

Inside, double-story vaulted ceilings with exposed wooden rafters amplify the open-concept floor plan, drawing eyes toward wide sea vistas. Balinese design influences manifest through rich teak accents, crisp porcelain floors, and hand-selected Bali tiles. The gourmet kitchen features an oversized central island paired with modern stainless steel appliances, flowing into an expanse designed for hosting. Entertaining areas include a dedicated wine cellar, a wet bar, a outdoor barbecue, and an alfresco dining table set beside extra exterior lounge seating.

The primary suite suites feature walk-in closets, outdoor soaking tubs, and open-air rain showers. Step onto the expansive main terrace to access the infinity pool, positioned to capture the sights and sounds of the surf breaking nearby. Crafted from tropical stone, natural bamboo, and hard woods, this turnkey sanctuary delivers sophisticated coastal comfort in a prime Dominical setting.

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$2,450,000

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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.

Home Specifications

Priced at USD 2,450,000, Villa Kańik is a brand-new turn-key residence boasting 608.98 m² of total construction set upon a generous 13,528 m² lot in Dominical. The architectural structure integrates organic tropical elements with structural integrity, highlighting exposed wooden rafters, teak accents, imported Bali tile, and sleek porcelain floors throughout. Designed for grand entertaining and quiet retreats alike, the sprawling floor plan features 5 bedrooms and 4.5 bathrooms.

The primary suite and interior quarters are elevated by vaulted double-story ceilings and expansive walk-in closets. In the gourmet kitchen, an oversized island pairs with premium stainless steel appliances. The open-concept living space transitions fluidly to the outdoors, where a wet bar, a private wine cellar, a built-in BBQ, and dedicated alfresco dining platforms await. Outside, an infinity pool serves as the focal point, complemented by open-air sitting areas, rain showers, and an outdoor soaking tub framed by ocean views over Dominicalito Bay.

From a practical financial perspective, foreign buyers acquire property under fee simple title in this non-concession zone. Annual property tax obligations are calculated against the property's registered cadastral value. Standard closing expenditures, covering notary services, public registry filings, legal support, and transfer stamps (with the stamp tax alone averaging approximately 1.5% of the declared transaction value), generally aggregate to between 2% and 4% of the final purchase price.

Investment Potential

At a purchase price of USD 2,450,000 for 608.98 square meters of brand-new construction, Villa Kańik commands roughly USD 4,023 per square meter. This pricing aligns with the upper tier of the Dominicalito Bay micro-market, directly reflecting the property's 13,528 square meters of ocean-view land, high-end teak and Bali tile finishes, and turnkey status.

From an operational perspective, the layout supports a high-yield short-term luxury rental strategy. Vacationers in the Dominical and Uvita region actively seek high-capacity estates featuring five bedrooms, an infinity pool, and dedicated outdoor entertaining spaces like the wet bar and wine cellar. Buyers can also consider long-term corporate leasing, though short-term luxury rentals historically capture peak rates during the high season. Ideal buyers include lifestyle investors, multi-generational families, or individuals seeking entry into Costa Rica's residency-by-investment pathway, which accepts real estate acquisitions at this value level subject to official approval.

Regarding ongoing expenses, annual property taxes are calculated based on the home's officially registered cadastral value rather than market price. Prospective owners should budget for standard closing fees, which typically encompass notary services, registry filings, legal representation, and transfer stamp taxes that usually hover around 1.5% of the declared transaction value. Overall closing packages generally total 2% to 4% of the purchase price. Given the limited availability of ocean-facing parcels on dead-end roads near the surf, this estate offers a clear exit strategy centered on long-term capital preservation in a supply-constrained coastal market.

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

Living in Dominical, Puntarenas, Costa Rica

Villa Kañik sits in a highly desirable micro-location in Dominical, Puntarenas, Costa Rica, positioned directly above the surf at Dominicalito Bay. Situated at the end of a private, dead-end road, this coastal retreat offers an intimate sanctuary where the dense tropical rainforest directly meets the Pacific Ocean. Dominical is widely recognized as a laid-back surf village prized by international real estate buyers who value authentic natural beauty over crowded tourist hubs. Positioned within the sought-after Costa Ballena region, this area provides an exceptional setting for those looking to buy property in Costa Rica, whether the goal is full-time retirement, remote work, or a high-end investment.

Living in this microclimate allows residents to enjoy continuous ocean breezes alongside the relaxing backdrop of crashing waves and surrounding jungle life. You might spot a white-faced capuchin moving through the canopy or hear a keel-billed toucan call across the valley. The property's proximity to the coast offers convenient access to world-class surf breaks, quiet coastal waters, and essential regional services. Property Uvita and real estate Dominical Costa Rica continue to draw high interest due to the area's perfect balance of seclusion and accessibility to neighboring commercial centers.

From an investment and legal perspective, foreign buyers benefit from fee simple ownership rights for titled land outside maritime concession zones. When purchasing real estate in this region, annual property tax is calculated based on the home's officially registered cadastral value rather than market listing prices. Additional transaction expenses to anticipate include the standard property transfer stamp tax alongside customary notary, legal, and registry closing bundles. Holding high-value real estate in Costa Ballena homes of this caliber also aligns with established financial thresholds for foreign residency-by-investment programs, making this private estate an outstanding physical asset and a secure long-term addition to your international portfolio.

Explore more about this area on our regional guide page.

Buying Process & Title

Acquiring Villa Kańik offers North American investors straightforward ownership privileges, as foreign buyers in Costa Rica enjoy full fee-simple titling rights equal to local citizens for properties situated outside the restricted maritime zone. At a purchase price of USD 2,450,000, this ocean-view estate well exceeds the minimum capital threshold required to apply for Costa Rican residency-by-investment, providing a clear pathway toward official residency status.

From a fiscal perspective, your ongoing holding costs remain exceptionally manageable. Annual municipal property taxes are calculated directly from the official cadastral valuation registered with the local municipality rather than the full commercial purchase price. During the initial transaction, foreign buyers should anticipate total closing expenditures—encompassing legal fees, notary retainers, registry dues, and official government transfer stamps—typically ranging between two and four percent of the agreed purchase price, with the transfer stamp component generally accounting for approximately 1.5 percent of the declared transaction value.

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

More About Dominical, Puntarenas, Costa Rica

Living along the pristine Southern Pacific coast of Costa Rica offers an unparalleled lifestyle where pristine natural beauty seamlessly aligns with high-end modern comforts. Settling into the coveted hills of Dominical, Puntarenas means embracing a daily rhythm calibrated to the gentle ebb and flow of the ocean tides and the vibrant energy of the rainforest. Discriminating buyers searching for a high-end coastal sanctuary are continually drawn to this specific pocket of the country, where the lush, emerald jungle plunges directly down into the rolling waves of the Pacific Ocean. Owning a private residence in this world-renowned region represents much more than a real estate transaction; it signifies a profound commitment to wellness, discretion, and personal freedom. Mornings begin with the tranquil sounds of crashing surf at nearby Dominicalito Bay mingling with the distant calls of toucans, creating an immersive, sensory sanctuary far removed from the pressures of city life. The surrounding area caters effortlessly to active outdoor enthusiasts and casual sun-seekers alike, offering world-class surfing, deep-sea fishing, pristine national parks, and secluded golden-sand beaches just moments away from your front door. At the same time, the local community provides a sophisticated yet grounded atmosphere, featuring farm-to-table dining, organic markets, boutique cafes, and vibrant health-focused gatherings that nourish both body and soul. For international investors and visionary homeowners, establishing roots above Dominicalito Bay satisfies a deep aspiration to secure a resilient, world-class asset that serves as both an exclusive private retreat and a multi-generational legacy estate. The effortless harmony of Balinese-inspired design, raw tropical elements, and elevated ocean-view living fosters an ideal setting for hosting memorable gatherings or simply relaxing in absolute solitude. This extraordinary coastal environment empowers discerning owners to design a life of pure tranquility, where absolute privacy, wild natural beauty, and modern architectural luxury coexist in complete harmony.

Frequently Asked Questions

Foreign buyers enjoy full fee simple ownership rights for this property, granting the same direct title protections as native Costa Ricans. Because the estate sits outside restricted maritime concession zones, you can hold fee simple title directly or through a Costa Rican corporation. Operating costs include an annual property tax assessed against the home's official cadastral valuation recorded in the national registry. Buyers should also budget for standard closing bundle fees—including notary services, title registry fees, and transfer taxes—which typically total two to four percent of the transaction 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

Dominical, Puntarenas

Property details

Price
$2,450,000
Property type
House
Region
Dominical / Uvita
Bedrooms
5
Bathrooms
4
Land size
13,528 m²
Built area
609 m²
Reference
GCI-MLS#2989
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