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  3. Income-Generating Commercial Estate with Restaurant, Home & Ocean-View Expansion Potential near Dominical
Income-Generating Commercial Estate with Restaurant, Home & Ocean-View Expansion Potential near Dominical — view 1, Dominical, Costa Rica1 / 58
Ocean view

Income-Generating Commercial Estate with Restaurant, Home & Ocean-View Expansion Potential near Dominical

Dominical · Puntarenas

Dominical / Uvita

2Bedrooms
1Bathrooms
3,902 m²Land size
Ocean view
$510,000

Description

On this page

  1. Listing Highlights
  2. Built for Comfort
  3. Market Position
  4. Life in Dominical, Puntarenas, Costa Rica
  5. Buying Process & Title
  6. More About Dominical, Puntarenas, Costa Rica
  7. Frequently Asked Questions

Listing Highlights

Positioned along the highly trafficked public road frontage in the sought-after Dominical area, this versatile 3,902-square-meter compound represents a premier commercial and residential investment priced at USD 510,000. The estate features a dual-structure layout comprising a solid steel-frame concrete owner’s residence and a separate guest cabin currently undergoing renovation, yielding a total of 2 bedrooms and 1 bathroom. The main house boasts durable porcelain flooring, a comfortable living room, a kitchen, and an expansive wooden deck designed for outdoor relaxation. Security is prioritized with an electric gate controlling access to the residential zone.

For culinary entrepreneurs, the property includes a fully furnished, active restaurant with seating for twenty guests. The professional-grade kitchen is equipped with a high-capacity extractor, a six-burner stove, a grill, a griddle, four-basket fryers, and dedicated storage. The fertile grounds feature a small greenhouse growing fresh basil and spices, alongside mature fruit trees yielding sweet oranges, lemons, avocados, soursop, starfruit, and water apples. High-speed fiber optic internet is available, making this an ideal site to expand into a boutique bed-and-breakfast or a digital nomad apartment complex. Future development on the upper ridge could accommodate a two-story structure with ocean views. Under Costa Rican law, foreign buyers enjoy secure fee-simple ownership, with annual property taxes calculated directly from the registered cadastral value, while standard closing fees and transfer stamps generally average between two and four percent of the transaction price.

Built for Comfort

Positioned in the Dominical area, this USD 510000 commercial and residential property spans 3902 m² of versatile land. The estate features a main residence, an active restaurant, and a guest cabin currently undergoing renovation, offering a total of 2 bedrooms. Built with durable steel-frame concrete and finished with elegant porcelain tile flooring, the owner's home includes a single bedroom, a living room, a kitchen, and an expansive deck designed for outdoor relaxation.

The fully furnished restaurant accommodates 20 guests and features a professional-grade commercial kitchen equipped with a grill, a griddle, a six-burner stove, four-basket fryers, a spacious extractor system, and dedicated storage. Outside, the landscaped grounds feature a small greenhouse for herbs alongside mature fruit trees, including sweet orange, lemon, starfruit, soursop, avocado, and water apple.

The property is secured by an electric gate and features legal ASADA water connection alongside fiber-optic internet availability. High-altitude building sites on the acreage offer potential for ocean views and further rental expansion. Annual property taxes are calculated using the registered cadastral value, while standard closing costs, including transfer stamp taxes and notary fees, typically range from 2% to 4% of the purchase price.

Market Position

Priced at $510,000 for a 3,902-square-meter parcel, this commercial property in Hatillo offers a strategic entry point into the Dominical-Uvita corridor, where raw land and commercial footprints command premium rates. The dual-income potential is highly adaptable: an investor can run the active, 20-seat restaurant immediately while completing the renovation of the existing cabin. With fiber-optic internet available, the site is primed for the high-demand digital nomad market. Buyers can construct additional cabins or a multi-unit apartment complex to capture steady, long-term rental income, or target high-yield short-term vacationers by building a multi-unit boutique bed-and-breakfast.

The ideal buyer is an entrepreneurial expat, chef, or investor seeking a lifestyle business with immediate cash flow and clear expansion potential. Costa Rica permits foreign buyers to hold fee-simple ownership of real estate, making this an excellent vehicle for residency-by-investment programs, which are accessible at this purchase price. From a transactional perspective, buyers should budget between 2% and 4% of the purchase price for the closing bundle, which covers notary fees, registry filings, legal services, and stamps. Additionally, the property transfer stamp tax typically accounts for approximately 1.5% of the declared transaction value. Ongoing holding costs remain highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the property rather than its market purchase price. This structure ensures a low-overhead holding environment while you build out additional rental inventory.

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

Life in Dominical, Puntarenas, Costa Rica

Situated in the peaceful town of Hatillo, just north of the renowned surf destination of Dominical, Puntarenas, Costa Rica, this property offers a strategic position within the highly desirable Costa Ballena region. Buyers looking to buy property in Costa Rica will find that Hatillo provides a tranquil, authentic atmosphere while remaining only a five-to-seven-minute drive from the world-class waves and vibrant beachfront of Playa Dominical. This micro-location perfectly bridges the gap between a laid-back surf village, where the lush tropical rainforest directly meets the Pacific Ocean, and the commercial convenience required for a successful business. For those exploring real estate Dominical Costa Rica, this location is prized for its accessibility, featuring direct public road frontage that ensures a steady stream of passing traffic for the on-site restaurant, while an electric gate secures the private residential portion of the estate.

The local climate supports a lush, self-sustaining lifestyle, evidenced by the mature fruit trees on the property, which include sweet oranges, lemons, avocados, soursop, starfruit, and water apples, alongside a small greenhouse producing fresh basil and spices. This agricultural richness enhances the farm-to-table potential for the active, fully furnished 20-seat restaurant. Additionally, the availability of high-speed fiber optic internet in the area makes this an ideal hub for the growing demographic of remote workers and digital nomads seeking long-term rentals. This demand presents a lucrative opportunity to develop further guest casitas, a bed and breakfast, or an apartment complex on the unused portions of the 3,902-square-meter lot, with the potential to build a two-story structure at the highest point of the land to capture Pacific views.

Acquiring this property Uvita and Dominical buyers will find is a straightforward process, as Costa Rica permits foreign buyers to enjoy fee-simple ownership rights identical to those of local citizens for registered titled land outside of concession zones. When purchasing this commercial and residential estate, buyers should budget for the standard closing bundle—which encompasses notary fees, registry charges, and legal stamps—typically ranging from two to four percent of the purchase price, alongside a property transfer stamp tax that generally amounts to about 1.5 percent of the declared transaction value. Ongoing holding costs are highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the property rather than its market purchase price. This favorable tax structure, combined with the region's strong tourism draw, makes investing in Costa Ballena homes a highly secure and strategic financial move.

Explore more about this area on our regional guide page.

Buying Process & Title

Acquiring this commercial property in Hatillo Dominical is a straightforward process for international buyers. In Costa Rica, foreign investors enjoy the same fee-simple ownership rights as citizens, meaning you can hold the deed to this 3,902-square-meter parcel directly in your own name or through a local corporation. Because the purchase price of $510,000 exceeds the national investment threshold, securing this property also positions you to apply for legal residency in the country.

When planning your acquisition, anticipate closing costs—which cover notary fees, registration, legal services, and stamps—to range between two and four percent of the purchase price. This includes a property transfer stamp tax, which typically accounts for roughly 1.5 percent of the declared transaction value. Once you take ownership, your ongoing carrying costs remain highly manageable. The annual property tax is calculated using the registered cadastral value of the land and structures, rather than the market purchase price, ensuring your overhead for this restaurant and residential compound remains exceptionally low.

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

More About Dominical, Puntarenas, Costa Rica

Embracing the Pura Vida lifestyle in the Dominical region means aligning your daily rhythm with the natural wonders of the Southern Zone, where the lush rainforest dramatically meets the Pacific Ocean. For the ambitious investor or lifestyle buyer, owning this commercial tract in Hatillo offers an unparalleled opportunity to step into a thriving coastal community that seamlessly blends raw natural beauty with a sophisticated, bohemian surf culture. Imagine starting your mornings with a world-class surf session at Playa Dominical, just minutes from your front door, followed by a harvest of fresh avocados, sweet oranges, and starfruit directly from your own private orchard. This region has become a magnetic sanctuary for wellness seekers, eco-tourists, and affluent digital nomads who are looking to escape the conventional grind in exchange for clean air, organic living, and a supportive, international community. By establishing a boutique bed-and-breakfast, a wellness retreat, or a long-term rental complex on this expansive acreage, you are not just purchasing real estate; you are securing a highly coveted stake in Costa Rica's booming eco-tourism economy. Your future guests and tenants will be drawn to the authentic, laid-back charm of Hatillo, enjoying the convenience of being close to the vibrant dining scene of Uvita while residing in a peaceful tropical haven. This is where your aspirations of running a successful, chef-driven restaurant and hosting global travelers under the canopy of the rainforest become a daily reality, offering a legacy investment that feeds the soul as much as the bank account.

Frequently Asked Questions

Yes, international buyers enjoy the exact same fee-simple ownership rights as Costa Rican citizens for this commercial property in Hatillo. Because the parcel is located outside of the restricted maritime concession zone, you can hold the deed directly in your own name or through a local corporation. Your annual property tax obligation will be calculated based on the official cadastral value registered with the local municipality, rather than the purchase price.

Dominical, Puntarenas

Property details

Price
$510,000
Property type
Commercial
Region
Dominical / Uvita
Bedrooms
2
Bathrooms
1
Land size
3,902 m²
Reference
GCI-MLS#2757
Ocean View

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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Principal broker

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Daniel Berkley

In Costa Rica since 2004

Buyer guides

Buying Property in Costa Rica as a Foreigner

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