1 / 9Perched high above the Pacific coastline in the exclusive gated enclave of Las Olas, Dominicalito, this architectural masterpiece redefines coastal luxury in the Osa canton of Dominical. Priced at USD 4700000, the estate commands some of the most dramatic vistas in the region, capturing the white-water surf of Dominical Bay, the iconic profile of Dominicalito Island, and the distant silhouettes of Caño Island and Manuel Antonio. The residence is situated on a prime 2023.43 m² parcel of land, with the home itself spanning a massive 1049.8 m² of meticulously planned construction.
The sensory journey begins at the entrance, where double French doors guide you over twin water features into an expansive, open-concept sanctuary. The heart of the outdoor living space is a spectacular 14-meter infinity pool that merges seamlessly with the ocean horizon. Inside, the design emphasizes natural light and airiness, featuring vaulted ceilings and three-meter sliding glass doors that frame the lush interior gardens and coastal panoramas. The layout comprises three bedroom suites, each boasting its own private ensuite bathroom, a spacious walk-in closet, double vanities, a rain shower, and a deep soaking tub. Every bedroom is positioned to capture the soothing sights and sounds of the crashing waves below. For peace of mind, ownership of this fee-simple property is highly straightforward for international buyers. Ongoing holding costs are exceptionally favorable, with the annual municipal property tax rate set at approximately a quarter of a percent of the registered cadastral valuation, while standard closing fees and legal stamps typically range between two and four percent of the purchase price.
Acquiring this premium Dominicalito estate is a straightforward process, as Costa Rican law grants foreign buyers the exact same fee-simple ownership rights as local citizens. Located outside the restricted maritime zone, the property is held with secure, fee-simple title, allowing you to own the land and structures outright. During the acquisition, you can expect closing fees—encompassing notary services, registry filings, legal representation, and stamps—to range between two and four percent of the purchase price, alongside a standard transfer stamp tax of approximately one and a half percent of the declared transaction value.
Once owned, the ongoing holding costs are remarkably favorable compared to North American markets. The annual municipal property tax is exceptionally low, calculated at just one-quarter of one percent of the property's registered cadastral value. Furthermore, because the purchase price of this home comfortably exceeds the national investment threshold, your investment here establishes a direct pathway to apply for official Costa Rican residency.
Review title types and due diligence in our fee simple vs concession guide.
Casa Belmer spans 1049.8 m² of high-end construction on a 2023.43 m² parcel in the Dominical district of the Osa canton. This luxury estate is situated within the secure Las Olas gated community, offering a fully furnished layout designed to integrate indoor and outdoor spaces. The entrance features double French doors that cross over dual water features, leading into a residence defined by vaulted ceilings and three-meter sliding glass doors. The open floor plan centers around interior tropical gardens and covered terraces that maximize the natural light.
The home features 3 bedrooms and 5 bathrooms. Each bedroom suite includes an ensuite bathroom, a spacious walk-in closet, double vanities, a rain shower, and a soaking tub. Every suite is positioned to capture views of the Pacific coastline, Dominicalito beach, and the surrounding mountains.
The outdoor living area centers on a 14-meter infinity pool. From the pool deck and terraces, residents can view the white water waves of Dominical Bay, Dominicalito Island, Caño Island, and the distant islands of Manuel Antonio.
Acquiring this USD 4700000 property involves standard Costa Rican transaction costs, including a transfer stamp tax of about 1.5% of the declared value, alongside legal, notary, and registry fees that typically total between 2% and 4% of the purchase price. Ongoing ownership costs include an annual municipal property tax calculated at approximately a quarter percent of the registered cadastral value.
Positioned high above the coastline in the exclusive enclave of Las Olas in Dominicalito, this property offers a rare combination of elevated privacy and genuine walkability to the beach. Situated in the southern zone of Puntarenas, Costa Rica, the micro-location of Dominicalito provides a serene, nature-focused alternative to busier tourist hubs, while remaining just minutes from the vibrant town center of Dominical and the commercial conveniences of Uvita. This specific region of the Costa Ballena is famous for its dramatic topography, where steep, rainforest-covered mountains plunge directly into the Pacific Ocean. Residents can easily access world-class surf breaks, quiet coves, and daily amenities, making it an ideal setting for active retirees, remote executives, or those looking to buy property in Costa Rica as a long-term legacy holding.
The local climate is defined by refreshing ocean breezes and a lush tropical environment that supports an abundance of native wildlife. From the expansive terraces of this estate, residents can regularly observe the white-nosed coati moving through the canopy or watch the majestic brown pelican glide over the ocean swells. This natural abundance is a primary driver for those seeking real estate Dominical Costa Rica, where the focus is on outdoor living and environmental connection. For buyers exploring property Uvita or other Costa Ballena homes, this location represents the pinnacle of the region's coastal lifestyle, balancing seclusion with proximity to regional hospitals, domestic airports, and organic markets.
As part of the broader market for luxury real estate in Dominical, Osa, Puntarenas, Costa Rica, purchasing this estate involves straightforward legal parameters. Foreign buyers enjoy the security of fee-simple ownership rights, which are identical to those of Costa Rican citizens. Ongoing ownership costs are highly favorable compared to North American standards; the annual municipal property tax is exceptionally low, requiring only about one-quarter of one percent of the registered cadastral value each year. When completing the transaction, buyers should anticipate standard closing costs, which typically encompass a transfer tax of approximately one and a half percent alongside notary, registry, and legal fees that generally bundle into two to four percent of the purchase price. At this investment level, buyers may also position themselves to qualify for the country's official residency-by-investment program, securing a permanent foothold in one of the most stable and beautiful regions of Central America.
Explore more about this area on our regional guide page.
This luxury estate in the gated Las Olas community of Dominicalito represents a highly strategic asset for high-net-worth buyers seeking capital preservation and premium yield. Spanning 1,049.8 square meters of high-end construction on a 2,023.43 square meter ocean-view parcel, the property commands a premium valuation of $4,700,000. At approximately $4,477 per square meter of construction, this acquisition aligns with the upper echelon of the Dominical-Uvita corridor, where premium inventory with unobstructed whitewater views of Dominicalito Beach and Manuel Antonio remains exceptionally scarce.
For the investment-minded buyer, the estate offers dual-pathway potential. As a high-end short-term rental, the three-bedroom layout—featuring dual vanities, soaking tubs, and a 14-meter infinity pool—caters directly to the lucrative luxury vacation market. Alternatively, it serves as an ultra-exclusive private compound. Costa Rica’s favorable tax structure enhances long-term holding viability; annual property taxes are remarkably low, hovering around one-quarter of one percent of the property's registered cadastral value. Buyers should anticipate closing fees, including notary, registry, and stamp duties, to total between two and four percent of the purchase price, alongside a standard transfer tax of approximately one and a half percent. With fee-simple ownership fully guaranteed for foreign investors, this property represents a secure, high-performing addition to any international real estate portfolio.
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Living in this exclusive enclave above Dominicalito Bay elevates your daily routine into an art form, perfectly aligning with the aspirations of discerning global buyers who seek a harmonious blend of raw natural beauty and sophisticated modern comfort. Here, the rhythm of your day is dictated by the rising sun painting the Pacific coastline mountains and the soothing sound of white water waves crashing on the shore below. This prestigious neighborhood attracts individuals who value privacy, security, and an active outdoor lifestyle, offering the rare privilege of being within walking distance of pristine beaches and world-class surf breaks while remaining cocooned in absolute luxury. Whether you are watching the changing colors of the sky over Dominicalito Island from your terrace or observing the vibrant canopy wildlife that frequents the lush tropical gardens, this location delivers an unparalleled sense of peace and prestige. It is a sanctuary designed for those who have reached a point in life where they demand both environmental purity and uncompromising architectural excellence.
Dominical, Osa, Puntarenas
Principal broker
In Costa Rica since 2004
