1 / 27Discover an unparalleled Costa Rican escape, where vibrant sunsets paint the western mountains and the distant Pacific shimmers into view. This expansive 3.56-acre estate, perfectly situated just outside Platanillo, offers a unique blend of luxurious living and income potential. The main residence is cleverly designed as a duplex, providing two distinct living spaces. The upper level features a spacious two-bedroom, two-bathroom home with an open-concept kitchen, living, and dining area, extending onto a generous covered deck. This level seamlessly connects to the upper pool, complete with a swim-up bar and an expansive rancho featuring a BBQ and outdoor kitchen. Below, a self-contained one-bedroom, one-and-a-half-bathroom suite offers a full kitchen, living room, and its own large covered deck, opening directly to the main pool.
The property’s crown jewel is its extraordinary dual-pool system, unmatched in Costa Rica. The upper pool, sizable enough to be a primary feature on its own, boasts a swim-up bar and a shallow lounging area. An exhilarating waterslide descends to the lower pool, a truly massive aquatic haven reaching twelve feet deep, also featuring its own bar area. Beyond the main house, a separate 0.86-acre titled lot hosts a caretaker's residence, offering privacy and convenience. The meticulously maintained grounds are a tropical paradise, abundant with mature fruit trees including mango, lime, orange, and banana, among many others. Portions of the land gently slope into a lush jungle valley leading to a serene creek, teeming with local wildlife. With stunning eastern views of the sunrise and the majestic Diamante Falls, this fully furnished property, priced at USD 499,000, presents an exceptional opportunity for a luxurious private residence or a thriving rental investment.
This unique property spans 3.56 acres across two titled lots, featuring a meticulously maintained main residence and a separate caretaker house. The main home, totaling 278.7 square meters, is configured as a duplex, offering versatile living arrangements. The upper level includes a complete two-bedroom, two-bathroom home with a spacious kitchen, living, and dining area, complemented by a large covered deck. The lower level provides a self-contained one-bedroom, one-and-a-half-bathroom unit, also with a full kitchen, living room, and its own expansive covered deck.
The outdoor spaces are designed for unparalleled enjoyment. Two distinct swimming pools are a central highlight; the upper pool features a swim-up bar and a shallow lounge area, alongside a covered rancho with a BBQ and outdoor kitchen. An exciting waterslide connects to the expansive lower pool, which reaches a depth of 12 feet and includes its own bar area. The property boasts mature fruit trees, including mango, lime, orange, banana, and star fruit, with a portion extending into a jungle valley and a creek, attracting abundant wildlife.
Residents will enjoy breathtaking western mountain views, partial ocean glimpses, and spectacular sunsets. The eastern exposure offers stunning sunrises and a view of Diamante Falls. Located directly on a paved road just outside Platanillo, the property benefits from excellent two-wheel drive access. This fully furnished home comes with a proven rental history, presenting a rare opportunity for expansion or continued income generation.
Nestled in the vibrant South Pacific region, this property offers an exceptional opportunity to buy property in Costa Rica, specifically in the sought-after micro-location of Platanillo, Platanillo, San José, Costa Rica. This area is renowned among US and Canadian buyers seeking a blend of laid-back lifestyle, promising value, and long-term appreciation potential in Costa Rica real estate. The property enjoys excellent accessibility, situated directly on a paved road just outside the Platanillo town center, ensuring ease of travel and potential commercial visibility.
Platanillo provides a tranquil, community-oriented atmosphere, yet remains conveniently close to the popular coastal towns. The pristine beaches of Dominical and Uvita, offering world-class surfing and stunning natural beauty, are a short drive away, typically within a 15-30 minute range. This proximity makes it an ideal spot for those dreaming of Dominical Costa Rica real estate or exploring property Uvita options. Essential amenities, including local markets, restaurants, and medical clinics, are readily available in the nearby towns. For more comprehensive services, including hospitals and larger retail centers, the city of San Isidro del General is accessible, generally within an hour's drive. The international airport in San José (SJO) is typically a 3-4 hour journey, while the regional airport in Palmar Sur offers closer domestic connections.
The microclimate here is characterized by pleasant temperatures, benefiting from its elevation while still enjoying the warmth of the tropics. This creates an ideal environment for diverse lifestyles: from active individuals drawn to surfing and exploring the natural wonders of the Costa Ballena homes market, to those seeking a serene retirement haven, or investors looking for properties with robust rental histories. The property's existing rental income and potential for expansion, including the possibility of a large retreat center or additional rental homes on an adjacent parcel, make it attractive for those considering a remote work setup or a family compound. Surrounded by lush jungle and abundant wildlife, with captivating western mountain views, a glimpse of the ocean, and the majestic Diamante Falls in sight, this location truly embodies the Pura Vida lifestyle.
Explore more about this area on our regional guide page.
This distinctive property offers compelling investment potential, particularly for those envisioning a luxury rental operation or a multi-generational retreat. Its unique dual-level residence, featuring a two-bedroom, two-bathroom upper unit and a one-bedroom, one-and-a-half-bathroom lower unit, both with full kitchens, allows for flexible short-term rental configurations. The spectacular two-pool system with a waterslide, swim-up bar, and outdoor kitchen is a significant draw for vacationers, promising strong occupancy rates. While specific rental income projections are not guaranteed, the property's established rental history and unique amenities suggest robust short-term income potential. Long-term rental prospects are also viable, especially for those seeking a tranquil, fully furnished home with exceptional recreational features.
Considering the regional average, this property's price point per square meter, at approximately USD 1,790 per m² for construction and USD 34.60 per m² for land, presents an attractive value within the luxury Costa Rica real estate market. Similar high-end properties in the Dominical-Uvita region often command higher per-square-meter prices, especially those with comparable amenities and direct paved road access. The ideal buyer is likely an investor seeking a turn-key rental business, a family desiring a spacious compound, or an entrepreneur looking to develop a retreat center, especially given the availability of a neighboring parcel for expansion. Costa Rica's real estate market continues to appreciate, driven by increasing tourism and a desire for natural beauty and a relaxed lifestyle. The current timing is opportune, as the region experiences sustained growth, making this a strategic acquisition. An exit strategy could involve selling to another investor seeking an established rental property or to a private buyer looking for a unique luxury residence in a desirable location. The two titled lots also offer future subdivision potential.
Model rental income for this property with our rental income calculator.
Ownership of this property is structured as Fee Simple, providing full individual title to foreign buyers, a common and secure arrangement for residential real estate in Costa Rica. Foreigners enjoy the same property ownership rights as citizens. Estimated closing costs typically range from 2% to 4% of the purchase price, encompassing legal fees, transfer taxes, and registration. Annual property taxes are remarkably low, assessed at just 0.25% of the registered property value. With a purchase price exceeding $150,000, buyers are eligible to apply for an investor visa, offering a pathway to residency in Costa Rica.
Q: What type of title is associated with this property? A: The property is held under Fee Simple title, offering full and secure ownership rights.
Q: Are there any restrictions on foreign ownership in Costa Rica? A: No, foreign buyers have the same property ownership rights as Costa Rican citizens.
Q: What are the estimated closing costs for purchasing property here? A: Closing costs typically range from 2% to 4% of the purchase price, covering all necessary legal and administrative fees.
Q: How much are the annual property taxes? A: Annual property taxes are assessed at 0.25% of the registered property value.
Q: Does purchasing this property qualify me for residency? A: Yes, with a purchase price exceeding $150,000, buyers are eligible to apply for an investor visa, which can lead to residency.
Review title types and due diligence in our fee simple vs concession guide.
Platanillo, Platanillo, San José
Platanillo, San José
Principal broker
In Costa Rica since 2004
