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  3. Luxury 4-BR Arcadia Central Park Condo with Panoramic Views in Escazu
Luxury 4-BR Arcadia Central Park Condo with Panoramic Views in Escazu — view 26, San Rafael, Escazu, Costa Rica1 / 19
Mountain view

Luxury 4-BR Arcadia Central Park Condo with Panoramic Views in Escazu

Escazu · San José

Central Valley (San José, Escazú, Santa Ana)

4Bedrooms
5Bathrooms
570 m²Built area
570 m²Land size
Pool
$1,500,000

Description

On this page

  1. Property Overview
  2. Built for Comfort
  3. Life in San Rafael, Escazu, San Jose, Costa Rica
  4. Investment Potential
  5. Legal Considerations
  6. More About San Rafael, Escazu, San Jose, Costa Rica
  7. Frequently Asked Questions

Property Overview

Step into a realm of elevated urban sophistication at Residence 202 inside Arcadia Central Park, a premier residential address in the highly coveted district of San Rafael within the prestigious Escazu canton. Priced at USD 1,500,000, this expansive luxury condominium delivers a masterclass in modern architectural design, spanning an impressive 570 square meters of meticulously planned construction. The residence is uniquely configured to maximize its prime geographic position, offering residents sweeping 270-degree panoramic views that capture both the dramatic mountain ridges of the Central Valley and the glittering city skyline below.

The layout features four spacious bedrooms and five and a half bathrooms, balancing private sanctuaries with grand social spaces. Outdoor living is central to the design, anchored by an oversized triple-exposure terrace that seamlessly connects the interior spaces to the fresh mountain air, alongside a secondary private balcony for quiet retreat. Located within a secure, gated community, the property grants access to premium shared amenities, including a pristine swimming pool. Acquisition of this fee-simple property involves standard Costa Rican transaction costs, which typically include a property transfer stamp tax of approximately 1.5 percent of the declared value, alongside a comprehensive closing bundle covering notary, registry, and legal fees that generally ranges from 2 to 4 percent of the purchase price. Annual property taxes are assessed based on the registered cadastral value of this magnificent 570-square-meter estate.

Built for Comfort

Residence 202 at Arcadia Central Park offers an expansive layout featuring 570 square meters of luxury construction on a matching 570 square meter land footprint. Situated in the San Rafael district within the canton of Escazu, this premium residence is listed at USD 1500000.

The condominium is engineered with premium materials to deliver a sophisticated residential experience. The interior layout centers on an expansive main living area that transitions to a triple-exposure terrace, providing 270-degree panoramas of the surrounding mountains and the city skyline. A secondary balcony offers an additional private outdoor retreat. The residence includes four bedrooms and five and a half bathrooms, with the primary suite designed to maximize the sweeping views.

Set within a secure, gated community, the property provides access to a shared swimming pool and manicured grounds. Buyers should plan for standard Costa Rican transaction costs, which include a property transfer stamp tax of approximately 1.5% of the declared value, alongside a comprehensive closing bundle covering notary, registry, and legal fees that typically totals between 2% and 4% of the purchase price. Ongoing ownership incurs an annual property tax calculated directly from the registered cadastral value.

Life in San Rafael, Escazu, San Jose, Costa Rica

The micro-location of San Rafael, Escazu, San Jose, Costa Rica offers a sophisticated lifestyle that seamlessly bridges cosmopolitan convenience with the natural beauty of the Central Valley. Positioned in the premier residential district of Escazú, this location is highly sought after by international executives, retirees, and families looking to buy property in Costa Rica. The neighborhood is defined by its temperate microclimate, which remains comfortable year-round, and its elevated position provides dramatic views of the surrounding mountains and the city lights below. Residents enjoy immediate access to high-end amenities, including gourmet dining, boutique shopping, and private medical facilities, all situated just minutes from the capital city of San José. For those exploring Central Valley Costa Rica real estate, Escazu homes represent the pinnacle of urban-suburban balance, offering a secure environment within a gated community while remaining connected to the country's primary business hubs and international airport.

Acquiring real estate in this region is a straightforward process, as foreign buyers enjoy the security of fee simple ownership rights, identical to those of Costa Rican citizens. When purchasing this luxury condominium, buyers should plan for standard transaction costs. The closing bundle—which encompasses notary fees, registry charges, legal services, and stamps—typically ranges between 2% and 4% of the purchase price. Additionally, the property transfer stamp tax generally accounts for approximately 1.5% of the declared transaction value. Ongoing holding costs include an annual municipal property tax calculated directly from the registered cadastral value of the residence. This investment level also positions buyers to explore the national residency-by-investment programs, making these Atenas Costa Rica homes and Escazú estates highly practical assets for long-term relocation.

Explore more about this area on our regional guide page.

Investment Potential

This luxury residence at Arcadia Central Park represents a sophisticated asset for high-net-worth buyers seeking a secure entry into the Central Valley real estate market. Priced at $1,500,000 for 570 square meters of construction, the property commands approximately $2,631 per square meter. This is highly competitive for the exclusive San Rafael de Escazu enclave, where premier luxury condominiums regularly exceed this valuation.

The estate is ideal for corporate executives, multi-generational families, or expatriates seeking a primary residence with immediate access to San Jose. For investors, the property offers strong dual-path potential: high-yield corporate short-term rentals or stable, premium long-term leases to multinational diplomats.

Costa Rica continues to attract North American capital due to its robust legal protections, allowing foreign buyers to enjoy secure, fee-simple ownership. When structuring the acquisition, buyers should budget for a closing bundle of notary, registry, and legal fees that typically ranges from 2% to 4% of the purchase price, alongside a property transfer stamp tax of approximately 1.5% of the declared transaction value. Ongoing holding costs include a modest annual property tax based on the registered cadastral value. This asset also positions the buyer well within the thresholds required for Costa Rica's residency-by-investment programs, offering a clear exit strategy into a highly liquid secondary market of affluent domestic and international buyers.

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

Legal Considerations

Acquiring this premium Escazú condominium 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 of the maritime zone, you will hold outright, secure title to your real estate. The transaction involves standard closing costs, which typically range between two and four percent of the purchase price. This bundle encompasses notary fees, registry charges, legal services, and the necessary stamps, including the property transfer stamp tax that generally accounts for about one and a half percent of the declared transaction value. Ongoing ownership carries a modest annual property tax assessed on the registered cadastral value of the residence. Furthermore, because the purchase price of this luxury home comfortably exceeds the national investment threshold, your acquisition establishes a direct pathway to apply for official residency-by-investment status in Costa Rica.

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

More About San Rafael, Escazu, San Jose, Costa Rica

Living in San Rafael de Escazu represents the absolute pinnacle of sophisticated Central Valley living, offering an unparalleled lifestyle that effortlessly balances cosmopolitan energy with the serene natural beauty of Costa Rica. As the country's most prestigious enclave, Escazu has long been the preferred destination for discerning global citizens, successful executives, and affluent families who demand the very best in security, convenience, and cultural richness. Choosing this exclusive neighborhood means immersing yourself in a vibrant community where manicured, tree-lined avenues lead to world-class culinary experiences, high-end designer boutiques, and premier wellness facilities. The local atmosphere is one of relaxed elegance, where the crisp mountain breezes of the Central Valley mingle with the warm, welcoming spirit of Costa Rican hospitality. Here, your daily routine is elevated by the sheer ease of your surroundings; you can begin your morning with a artisanal espresso at a nearby gourmet café, spend your afternoon browsing luxury galleries, and conclude your evening dining at an award-winning restaurant, all within minutes of your secure sanctuary.

For the aspirational buyer, this location is not merely a place to reside, but a powerful statement of achievement and a gateway to an enviable way of life. It appeals directly to those who seek a seamless transition between international business and private relaxation, offering a sophisticated urban retreat that does not compromise on space, privacy, or natural beauty. The desire to secure a foothold in this coveted market is driven by an appreciation for architectural excellence, pristine infrastructure, and the peace of mind that comes with living in a highly secure, gated environment. Owners here value the ability to lock up and leave for international travel, knowing their investment is protected, while eagerly anticipating their return to the sweeping mountain vistas and temperate climate that define the region. This is a neighborhood designed for those who have reached a point in life where they expect their physical environment to mirror their personal success. By choosing a home of this caliber in San Rafael, you are aligning yourself with a community of like-minded peers who value discretion, quality, and an uncompromising standard of luxury. It is an investment in a lifestyle that promises both daily inspiration and long-term satisfaction, set against the backdrop of one of Latin America's most stable and beautiful nations.

Frequently Asked Questions

Foreign purchasers enjoy the exact same fee-simple ownership rights as Costa Rican citizens when purchasing this luxury condominium in San Rafael de Escazu. Because the residence is located in the Central Valley and is not within a maritime concession zone, you can hold the title directly in your own name or through a local corporation. Acquiring this million-and-a-half-dollar property also positions you to apply for residency-by-investment status under current national guidelines.

San Rafael, Escazu, San José

Property details

Price
$1,500,000
Property type
Condo
Region
Central Valley (San José, Escazú, Santa Ana)
Bedrooms
4
Bathrooms
5
Land size
570 m²
Built area
570 m²
Reference
GCI-MLS#2932
Gated Community

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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Green Coast Investments

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$1,500,000

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

Buyer guides

Buying Property in Costa Rica as a Foreigner

Complete legal guide for US and Canadian buyers — title types, closing costs, and due diligence.

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