
1 / 64Perched high above the Pacific in the highly coveted Dominical region, this exceptional luxury estate redefines coastal living for the discerning North American buyer. Offered at USD 1500000, the property spans a carefully manicured 444 m² parcel of land, featuring a magnificent architectural footprint of 3918 m² of premium construction. The residence is situated within the secure, gated enclave of Terraces de San Martin, a premier neighborhood celebrated for its peaceful ambiance and pristine surroundings. Every vantage point of this fully furnished home captures the dramatic meeting of dense, protected jungle canopies and the sweeping waves crashing onto San Martin Beach below.
The thoughtful layout features 3 spacious bedrooms and 3.5 bathrooms, designed to maximize privacy while celebrating the surrounding natural beauty. The heart of the home opens to a private pool that seems to merge with the ocean horizon, creating an ideal space for outdoor dining and sunset viewing. From the expansive balconies, you can observe the local wildlife in their natural habitat, from white-faced monkeys navigating the treetops to humpback whales breaching in the distance, all accompanied by the distinct calls of native toucans.
For international buyers, Costa Rica offers secure fee simple ownership rights, guaranteeing the same property protections enjoyed by citizens, as this parcel sits safely outside the restricted maritime concession zones. Purchasing this Dominical property involves standard transaction costs, including a property transfer stamp tax calculated at approximately 1.5% of the declared value, alongside a comprehensive closing bundle covering notary, registry, and legal fees that typically ranges between 2% and 4% of the final purchase price. Additionally, ownership of this luxury asset at this valuation qualifies buyers to apply for the country's residency-by-investment program, while ongoing holding costs are kept manageable with annual property taxes assessed directly on the registered cadastral value of the estate.
This luxury estate in the Dominical region is situated within the gated community of Las Terrazas de San Martin, offering secure living at the intersection of preserved jungle and sweeping views of San Martin Beach. Offered at USD 1500000, the property spans a land size of 444 m² with an expansive construction footprint of 3918 m². The fully furnished residence features 3 bedrooms and 3.5 bathrooms, designed to maximize the coastal panorama.
The interior layout centers on spacious chambers, including a primary suite that opens directly to the ocean breezes. The main living areas flow into a kitchen designed for entertaining, which transitions to the outdoor terrace. Outside, a private swimming pool overlooks the sea, creating a central hub for poolside barbecues and sunset viewing.
From the balcony, residents can observe the surrounding canopy, where monkeys swing through the trees and whales breach in the distance. For international buyers, this property qualifies for fee simple ownership, as it sits outside the restricted maritime concession zones. Purchasing this home involves a standard property transfer stamp tax of approximately 1.5% of the declared value, with total closing fees, registry, and legal costs averaging 2% to 4% of the purchase price.
This premium property is situated in the secure, gated community of Terrazas de San Martin, a highly desirable enclave within the Dominical area of Puntarenas, Costa Rica. Positioned precisely where the preserved coastal jungle meets the Pacific Ocean, this location offers sweeping views of San Martin Beach. Dominical itself is a laid-back surf village where the rainforest meets the sea, prized by international buyers who seek authenticity over crowds. When you buy property in Costa Rica, particularly within the coveted Costa Ballena region, you gain access to a unique microclimate where cool mountain breezes temper the tropical warmth. Residents here enjoy a lifestyle defined by natural marvels; you can observe whales breaching in the distance, watch monkeys swing through the canopy, and listen to the songs of exotic birds from your private balcony.
For those looking to secure real estate Dominical Costa Rica offers, the location provides a perfect balance of privacy and accessibility. The property sits within easy driving distance of the essential amenities in Dominical and the neighboring town of Uvita, including local markets, dining, and professional services. Navigating the purchase of property Uvita and Dominical buyers interest themselves in is straightforward, as Costa Rica permits full fee simple ownership for foreign buyers, meaning you enjoy the same property rights as citizens. This fee simple status applies to this specific mountain-view parcel, which sits safely outside the restricted maritime concession zones that govern beachfront land. Acquiring these Costa Ballena homes also positions buyers well for residency-by-investment programs, given the purchase price exceeds the national threshold. During the acquisition, buyers should plan for standard closing costs, which typically encompass a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a comprehensive closing bundle of legal, notary, and registry fees that generally ranges from 2% to 4% of the purchase price. Ongoing ownership is supported by a predictable annual property tax calculated directly from the registered cadastral value.
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Acquiring this fully furnished, 3,918-square-meter luxury estate for USD 1,500,000 positions buyers strategically within the highly secure, gated enclave of Terraces de San Martin. At approximately USD 382 per square meter of construction, the property presents a highly competitive entry point for premium Dominical real estate. The estate's configuration—featuring a main house and separate guest spaces—is perfectly optimized for the high-end short-term rental market, attracting premium vacationers seeking panoramic views of San Martin Beach, while also remaining highly viable for lucrative long-term leasing to corporate expatriates.
For the international investor, Costa Rica offers a highly favorable legal landscape. Foreign buyers enjoy the security of fee-simple ownership rights, identical to those of local citizens, as this property sits safely outside the restrictive maritime concession zones. While future residency-by-investment programs may be accessible at this purchase threshold, buyers should budget for standard closing costs, which typically encompass a transfer stamp tax of about 1.5% alongside a comprehensive closing bundle of notary, registry, and legal fees averaging 2% to 4% of the transaction value. Annual property taxes are conveniently calculated based on the registered cadastral value. This asset represents a defensive, tangible addition to any wealth preservation portfolio, offering a clear exit strategy to future luxury buyers as the Dominical-Uvita corridor continues its steady, eco-conscious development.
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Acquiring this premium Dominical property is a straightforward process for international buyers, as Costa Rican law grants foreigners the exact same fee-simple ownership rights as citizens. Because this villa sits within the gated Terraces de San Martin development rather than the restricted maritime zone, you receive secure, outright title registration. The transaction incurs standard closing costs—covering notary fees, registry stamps, and legal transfers—which typically range from two to four percent of the purchase price, alongside a property transfer tax of approximately one and a half percent. Furthermore, the property tax remains highly favorable, determined directly by the registered cadastral value. At a purchase price of $1,500,000, this investment comfortably exceeds the national threshold for the residency-by-investment program, offering you and your family a clear, legal pathway to official residency in Costa Rica.
Review title types and due diligence in our fee simple vs concession guide.
Living in the coveted San Martin enclave of Dominical is an invitation to align your daily rhythm with the untamed elegance of Costa Rica’s southern Pacific coast. This is a destination where the boundary between sophisticated modern living and raw tropical wilderness beautifully dissolves. For the discerning buyer, acquiring this property is not merely a real estate transaction; it is the realization of a long-held aspiration to claim a private sanctuary where the jungle meets the sea. Imagine waking up to the gentle, rhythmic murmur of the Pacific Ocean and stepping out onto your private balcony with a cup of locally sourced coffee, greeted by the cool morning breeze. The surrounding canopy comes alive as playful monkeys swing effortlessly through the treetops and vibrant exotic birds fill the air with their morning chorus. Here, the passage of time is marked not by clocks, but by the slow arc of the sun dipping below the horizon, painting the sky in brilliant hues of amber and violet while you watch whales breach in the distant waves from your poolside terrace. This is the ultimate reward for a life of hard work—a place of profound restoration, privacy, and natural wonder. For expats and global citizens seeking a seamless transition to a life of tropical luxury, this gated community offers an unparalleled sense of belonging and peace of mind. The quiet, secure atmosphere of the neighborhood fosters a harmonious lifestyle where you can host unforgettable sunset barbecues, lounge by the sparkling waters of your ocean-view pool, and stroll down to the pristine sands of San Martin Beach. It is a rare opportunity to immerse yourself in the authentic "Pura Vida" spirit while enjoying the absolute comfort, security, and prestige of a world-class coastal retreat.
Dominical, Puntarenas
Dominical, Puntarenas
Principal broker

In Costa Rica since 2004