1 / 64Positioned high in the coastal hills of Ojochal, this extraordinary $2,411,000 real estate package presents a rare acquisition for visionary investors seeking scale, privacy, and dramatic natural topography. Spanning an expansive 8,932 square meters of land, the acreage encompasses nine individually surveyed parcels, offering a flexible foundation for a luxury estate compound or a multi-structure retreat. The current footprint includes a single residential structure featuring one bedroom alongside a refreshing swimming pool, perfectly positioned to take advantage of the surrounding landscape. The visual vantage point here is exceptional, capturing sweepingly grand Pacific Ocean horizons to the west while dramatic coastal mountains rise over 1,300 meters directly behind the site. Clouds drift across the high green peaks, revealing cascading waterfalls after tropical rainstorms, while sunset light illuminates the sea below each evening. Situated within a secure, quiet development in the Phase 5 sector, the property provides absolute tranquility without compromising on convenience. Unlike many elevated mountain holdings in the region, the access route does not require a four-wheel-drive vehicle, ensuring smooth travel to and from the site. Residents can descend the hill in just five minutes to reach the vibrant center of town, where fine dining, cafes, pharmacies, and athletic facilities await. Furthermore, a short fifteen-minute drive leads directly to the golden sands of nearby coastal beaches, blending secluded mountain elevation with effortless seaside access.
Acquiring this 8,932-square-meter parcel in Ojochal’s Phase 5 development presents a versatile opportunity for buyers evaluating South Pacific real estate. Priced at $2,411,000, the property consists of nine individual lots, each supported by its own independent survey. Investors can develop a multi-dwelling compound or execute a phased exit strategy by selling individual lots to offset initial acquisition costs.
Located five minutes from central Ojochal, future developments on these lots are well-positioned to target the area's active rental market. Properties featuring both ocean vistas and views of the 1,300-meter coastal mountains command strong interest from short-term vacationers and long-term residents seeking proximity to local beaches, dining, and medical services.
Foreign buyers receive fee simple ownership rights outside maritime concession zones. Closing costs for this transaction typically range between 2% and 4% of the purchase price, encompassing legal fees, registry filings, notary services, and a transfer stamp tax of approximately 1.5%. Ongoing holdings are subject to annual property taxes calculated from the registered cadastral value. Buyers acquiring the entire parcel may also qualify for Costa Rica's residency-by-investment program based on the total purchase value.
Model rental income for this property with our .
Situated in the Phase 5 development of Ojochal, Puntarenas, Costa Rica, this rare property sits perched on ocean-facing hills in the highly sought-after South Pacific market. Ojochal Costa Rica real estate is widely recognized by US and Canadian buyers for offering an exceptional balance of lifestyle benefits, long-term appreciation potential, and overall value. The micro-location places you just a five-minute drive down the hill from the vibrant town center, giving you instant access to world-class culinary options, cafes, local pubs, delis, supermarkets, and pharmacies. The bustling village also features medical and dental clinics, law offices, hardware shops, a gas station, yoga retreats, spas, and a modern gym equipped with a lap pool, a tennis court, and pickleball facilities.
Despite the nearby commercial activity, the neighborhood remains quiet, peaceful, and surrounded by nature. Behind the site, coastal mountains rise sharply to 1,300 meters, frequently wrapped in cloud cover and displaying massive waterfalls after rainstorms. Direct Pacific Ocean views yield dramatic daily sunsets over the water. A short 15-minute drive connects the property to Tortuga Beach, Piñuelas Beach, and Ventanas Beach, as well as the Cascada El Pavón waterfall with its distinct suspended boulder and swimming hole. Local water taxis provide a quick five-minute boat ride to Garza Island, where miles of quiet, coconut-lined shores stretch out along the coast.
Access to this specific development does not require a 4x4 vehicle, adding daily convenience rarely found in elevated mountain parcels. The secure community setting provides an ideal environment for those looking to buy property in Costa Rica to build a custom residence, establish an investment venture, or secure prime Costa Ballena property in a thriving international community.
Explore more about this area on our page.
Acquiring this premier parcel in the Phase 5 development of Ojochal presents an extraordinary investment profile in the Southern Zone. Offered at USD 2411000, the expansive 8932 m² footprint comprises 9 individual lots, each complete with a separate survey. The land showcases exceptional elevation, delivering unencumbered, multi-directional vistas that capture the sweeping Pacific Ocean and dramatic coastal mountains reaching heights of 1,300 meters. The property already features a private swimming pool on site, allowing immediate enjoyment while reviewing full architectural design plans. Access to the gated community is exceptionally smooth, utilizing well-maintained roads that completely eliminate the need for a 4x4 vehicle.
Foreign purchasers enjoy fee simple ownership rights identical to local citizens for this titlable real estate. When factoring the total transaction costs, buyers should anticipate a total closing bundle typically ranging from 2% to 4% of the purchase price, covering mandatory registry charges, legal work, legal notary services, and the transfer stamp tax, which usually accounts for 1.5% of the transaction value. Annual property taxes are subsequently assessed directly on the property's registered cadastral value. With 1 bedroom currently noted across the total acreage, this vast land holding supplies the essential physical scale for a luxury compound or high-yield residential estate development.
Acquiring land in the secure Phase 5 development of Ojochal offers straightforward ownership protections for international buyers. In Costa Rica, foreign investors enjoy the same direct fee simple title rights as local citizens when purchasing property outside the restricted maritime zone, ensuring your land deed is fully registered in your name at the National Registry.
For a parcel or development portfolio of this scale, typical closing costs encompass several standard components. Expect total transaction expenses to range between two and four percent of the purchase price. This comprehensive closing bundle includes legal fees, public notary services, National Registry recording dues, and property transfer stamp taxes, which generally account for around one and a half percent of the declared transaction value. Ongoing annual property taxes remain exceptionally modest, calculated directly from the official registered cadastral valuation on file with the local municipality.
Furthermore, purchasing this premier parcel easily satisfies the capital threshold required for Costa Rica's residency-by-investment program, providing an established pathway toward formal legal residency for you and your family.
Review title types and due diligence in our .
Living in the elevated reaches of Phase 5 offers an unparalleled lifestyle where the vibrant pulse of a growing coastal community meets the tranquil, restorative sanctuary of the Costa Rican jungle. Down the hill, Ojochal has quietly transformed into the culinary and wellness capital of the South Pacific, presenting an extraordinary lifestyle for discerning buyers seeking both adventure and modern sophistication. Daily life here revolves around an exceptional balance of luxury and health; you can start your morning with a invigorating session at the local fitness center featuring a lap pool, test your skills on the pickleball or tennis courts, and unwind at a serene yoga retreat or holistic spa. The town’s social scene is equally rich and inviting, renowned for its diverse array of world-class dining establishments, cozy cafes, artisanal delis, and lively local pubs. Despite this incredible array of local conveniences—which includes easily accessible pharmacies, supermarkets, medical centers, and professional legal offices—returning home to your private hillside enclave feels like stepping into a completely different world.
Perched high above the coastline, these nine properties capture the very essence of tropical living, appealing to buyers who aspire to build a legacy estate or a private compound surrounded by raw, captivating natural beauty. Life on this ocean-facing ridge is defined by dramatic visual contrasts: looking outward, the expansive Pacific Ocean serves as the backdrop for unbelievable, fiery sunsets that paint the horizon each evening, while directly behind you, coastal mountains rise dramatically to 1,300 meters. Wrapped in drifting mists and dynamic cloud formations reminiscent of Hawaii's iconic peaks, these towering green slopes come alive after fresh rainfalls, displaying massive, shimmering waterfalls that cascade down the jungle canopy. Beyond the sheer visual majesty, the location offers seamless access to incredible coastal play: within fifteen minutes, you can sink your toes into the sands of Playa Ventanas, Playa Piñuelas, or Playa Tortuga, refresh yourself in the cool swimming hole beneath the giant boulder at Cascade El Pavón, or take a quick five-minute boat ride over to the pristine, coconut-lined shores of Garza Island. Living here means securing a quiet, secure, and prestigious slice of paradise where nature’s grandeur dictates the pace of your day, allowing you to design a personalized architectural vision that honors both the breathtaking landscape and the sophisticated, laid-back coastal lifestyle you have always envisioned.
Ojochal, Puntarenas
Principal broker

In Costa Rica since 2004