Ocean view
1 / 15Secure a high-performing multi-unit asset in the Southern Pacific tourism corridor for USD 825000. Located in the emerging beach community of Dominicalito Bay, this turnkey multi-family compound spans a 400 m² land parcel and features approximately 300 m² of quality construction. The layout is optimized for immediate rental income, accommodating guest groups of all sizes across 14 bedrooms and 10 bathrooms. The physical structure is divided into several independent residences, including one spacious three-bedroom villa, three two-bedroom villas, and one private one-bedroom home, all equipped with full kitchens and air conditioning. Additionally, the estate features four separate apartments, a shared ranch-style common area for guest recreation, covered parking, and extra outdoor parking spaces.
Situated alongside a mountain and creek setting, the property sits just a seven-minute walk from both the beach and a local waterfall. From an investment perspective, foreign buyers enjoy fee simple ownership rights identical to Costa Rican citizens. The ongoing holding costs are highly favorable, as the annual property tax is calculated directly from the registered cadastral value. When finalizing the acquisition, buyers should budget for transaction expenses, which include a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a standard closing bundle covering notary, registry, and legal fees that typically ranges from 2% to 4% of the purchase price.
Acquiring this multi-family property in Dominicalito Bay is a straightforward process, as Costa Rican law grants foreign buyers the exact same fee-simple ownership rights as local citizens. Because this property sits outside the restricted maritime concession zone, you will hold secure, direct title to the land and all nine independent rental units.
With a purchase price of $825,000, this investment comfortably exceeds the government's financial threshold for the residency-by-investment program, offering a clear pathway to legal residency for you and your family.
During the acquisition, you should budget for closing costs—which cover notary fees, registry charges, and legal stamps—typically ranging between two and four percent of the purchase price. Additionally, a property transfer stamp tax of approximately 1.5 percent of the declared transaction value will apply. Once owned, your ongoing carrying costs remain highly manageable, as the annual municipal property tax is calculated using a very favorable rate based on the property's registered cadastral valuation rather than the market purchase price.
Review title types and due diligence in our fee simple vs concession guide.
This multi-unit compound is situated on a 400 m² parcel of land and features 300 m² of quality construction. The property is designed for optimal rental flexibility, comprising a main three-bedroom villa, three separate two-bedroom villas, one independent one-bedroom home, and four additional apartments. Across these various structures, the estate provides a total of 14 bedrooms and nine bathrooms. The primary villas and the single-bedroom home are equipped with full kitchens, premium finishes, and integrated air conditioning to ensure guest comfort.
The outdoor living spaces center around a shared ranch-style common area, which provides a sheltered gathering point amidst the tropical mountain and creek setting. Practical infrastructure includes covered parking spaces alongside additional outdoor parking areas for guests.
Acquiring this USD 825000 property as a foreign buyer is streamlined by Costa Rica's allowance of fee simple ownership for non-citizens outside of concession zones. Buyers should anticipate closing costs, including notary, registry, and legal fees, to run between two and four percent of the purchase price, with transfer stamp taxes accounting for approximately 1.5 percent of the transaction value. Ongoing ownership expenses are minimized by annual property taxes calculated solely on the registered cadastral value.
This multi-unit compound is situated in Dominicalito Bay, a highly desirable coastal micro-location within the Southern Pacific tourism corridor. Positioned between the vibrant surf hub of Dominical and the commercial center of Uvita, this property offers an exceptional opportunity for those looking to buy property in Costa Rica. The location provides a distinct microclimate where the rainforest meets the ocean, characterized by cooling mountain breezes and a lush creek setting. Residents and guests can enjoy a true walk-to-beach lifestyle, with the shores of Dominicalito Bay and a local freshwater waterfall located just a seven-minute walk from the villas. This proximity makes the estate highly attractive for surf tourism, retirement, or remote work.
The surrounding region, known as the Costa Ballena, is famous for its dramatic coastal mountains and diverse ecosystems. Rather than being isolated, the property is situated within easy driving distance of regional amenities, including local clinics, organic markets, and dining options in nearby towns. The local community maintains a relaxed, nature-focused character while supporting a thriving rental market.
For international buyers exploring Costa Rica real estate, the acquisition process is straightforward. Foreign investors enjoy the security of fee simple ownership rights, which are identical to those of Costa Rican citizens for titled land outside of concession zones. When purchasing real estate Dominical Costa Rica, buyers should anticipate a closing cost bundle—including notary, registry, and legal fees—that typically ranges from two to four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Additionally, ongoing ownership costs are minimized by an annual property tax calculated directly from the registered cadastral value of the estate. This stable financial framework, combined with the potential to qualify for residency-by-investment programs due to the purchase price, makes these Costa Ballena homes an excellent addition to any international investment portfolio.
Explore more about this area on our regional guide page.
Acquiring this multi-family property at $825,000 provides an entry point of $2,750 per square meter of construction, a highly competitive rate for the Dominical-Uvita corridor where walk-to-beach inventory is increasingly scarce. The compound structure—comprising a three-bedroom villa, three two-bedroom villas, a one-bedroom home, and four apartments—allows a buyer to maximize short-term vacation rental yields by booking units individually to surfers and tourists, or to secure steady cash flow through mid-term tenancies. This flexible layout suits an active owner-operator who wishes to reside in one villa while managing the other nine units, or a remote investor employing local property management.
Timing is critical as the Southern Pacific region experiences sustained infrastructure growth, driving long-term capital appreciation and a viable exit strategy to future hospitality buyers. From a transactional perspective, foreign buyers enjoy fee-simple ownership rights identical to Costa Rican citizens. Buyers should budget approximately 2% to 4% of the purchase price to cover the closing bundle, which includes notary fees, registry charges, and legal stamps, alongside a property transfer stamp tax typically averaging 1.5% of the declared transaction value. Ongoing holding costs remain highly manageable, as annual property taxes are calculated based on the registered cadastral value of the 400-square-meter land parcel and 300-square-meter construction. Additionally, this purchase price comfortably exceeds the threshold required to apply for the national residency-by-investment program.
Model rental income for this property with our rental income calculator.
Embracing the daily rhythm of the Southern Pacific coast means aligning yourself with a lifestyle where time is measured by the tides and the gentle rustle of the canopy. Here, the concept of luxury is redefined not by pretense, but by your proximity to the raw, restorative power of nature. Imagine waking to the distant call of howler monkeys, grabbing your surfboard, and taking a brief, meditative stroll down to the soft sands of Dominicalito Bay before the rest of the world has even poured their first cup of coffee. This is a place where the barrier between indoor comfort and outdoor wonder completely dissolves. The refreshing mist of a nearby jungle waterfall and the cool, shaded banks of your own bordering creek become natural extensions of your living space. For the modern seeker, this region represents the ultimate sanctuary—a destination where you can disconnect from the relentless pace of metropolitan life while remaining effortlessly plugged into a warm, welcoming community of global citizens, creatives, and outdoor enthusiasts who share a mutual reverence for the environment.
Owning a multi-family estate in this coveted corridor is about far more than acquiring physical structures; it is about securing a legacy of freedom, self-reliance, and purposeful living. Buyers who target this unique coastal market are often looking to transition away from conventional asset classes in favor of tangible, yield-generating real estate that feeds the soul. Whether your aspiration is to host wellness retreats under the tropical canopy, manage a thriving boutique vacation rental business, or establish a multi-generational family compound where loved ones can gather and unplug, this property serves as the perfect canvas for those dreams. It appeals directly to the visionary investor who understands that true wealth is measured in clean air, vibrant sunsets, and the peace of mind that comes with owning a slice of paradise. By stepping into this lifestyle, you are not just purchasing a home; you are claiming your place in Costa Rica’s enduring narrative of conservation, community, and the pursuit of a life exceptionally well-lived.
Dominical, Puntarenas
Principal broker
In Costa Rica since 2004
