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  1. Home
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  3. Luxury Ocean View Estate in Ojochal: Infinity Pool, Sunset Views & Privacy
Luxury Ocean View Estate in Ojochal: Infinity Pool, Sunset Views & Privacy — view 1, Costa Rica, Costa Rica1 / 15

Luxury Ocean View Estate in Ojochal: Infinity Pool, Sunset Views & Privacy

Ojochal · Puntarenas

Ojochal

3Bedrooms
5,302 m²Land size
Pool
Ocean view
$2,850,000

Description

On this page

  1. The Property
  2. Property Details
  3. Life in Costa Rica, Costa Rica
  4. Investment Potential
  5. Ownership & Legal
  6. Frequently Asked Questions

The Property

Imagine waking to the gentle serenade of the jungle, then stepping onto your expansive patio to witness an unparalleled panorama of the Pacific. This magnificent 3-bedroom luxury residence, known as ‘Lugar para Ser’ or ‘A Place to Be,’ is nestled within the tranquil, exclusive Cinco Ventanas Phase 8 community in Ojochal. Spanning a generous 1.31 acres, the property enjoys supreme privacy on a no-exit street, bordered by protected jungles and sharing its serene location with only two other homes. At an elevation of approximately 690 feet, you’ll experience refreshing breezes, comfortable humidity, and breathtaking 270-degree ocean views that stretch for miles.

The heart of this home is its spectacular outdoor living space, featuring a vast, curving infinity pool that seemingly merges with the ocean horizon. The extensive patio, running the full length of the residence, offers a dedicated dining area, a comfortable coffee lounge, and a fully equipped outdoor kitchen with a refrigerator, BBQ, and ample seating. Inside, a grand open living area boasts a sliding glass wall, dissolving the boundary between indoors and out. A modern kitchen with a 4-seat breakfast bar anchors one end, while an inviting lounge with a large-screen TV occupies the other. Vaulted wood ceilings and white walls create an atmosphere of coastal elegance. The master suite, complete with a luxurious stone-clad main bathroom and a separate powder room, opens directly to the patio. Two additional bedrooms, one with an ensuite and a flexible fold-down bed, share access to a beautifully appointed stone-clad bathroom. This exceptional property, offered at USD 2,850,000, is a true sanctuary where luxury meets the wild beauty of Costa Rica.

Property Details

This meticulously crafted residence, designed by local builder Leif Bernard, showcases a blend of robust construction and elegant design. The home features a grand open living area, where a sliding glass wall seamlessly integrates the interior with the expansive outdoor patio, pool, and ocean beyond. A modern kitchen, complete with a four-seat breakfast bar, anchors one end of the living space, while a comfortable lounge with a large-screen TV occupies the other. Vaulted wood ceilings, white walls, and warm furnishings create an inviting coastal luxury ambiance. Adjacent to the kitchen are a spacious pantry, a dedicated laundry room, and a convenient kitchenette.

The primary suite offers direct patio access through a fully glazed wall and features an opulent, stone-clad main bathroom, complemented by a separate powder room. For added convenience, a monsoon shower is located outdoors for guests and pool users. On the opposite side of the home, two additional bedrooms each provide sliding glass access to the front patio. One of these rooms includes an en-suite bathroom and a fold-down bed, offering versatile space. A shared, beautifully stone-clad bathroom serves both secondary bedrooms and the central living area.

The outdoor living space is a true highlight, featuring a large, curving infinity pool that appears to merge with the Pacific horizon. The extensive patio spans the entire length of the home, providing a six-seat dining area, a coffee lounge, and a fully equipped outdoor kitchen with a refrigerator, BBQ, sink, and ample storage, alongside additional seating and sun loungers. This area is designed for comfort in all weather, day or night, with a roof, generous lighting, and ceiling fans.

Practical infrastructure includes an 18 kWh solar mini-farm with 40 kWh battery storage, generating 2300 kWh monthly and offering substantial electricity savings. This solar system carries an eight-year warranty. A 22-kW propane generator provides secondary power backup, and two 6,000-liter water tanks ensure a consistent water supply. The property is situated within the quiet, exclusive Cinco Ventanas Phase 8 community, providing privacy on a no-exit street bordered by protected jungles.

Life in Costa Rica, Costa Rica

Nestled within the exclusive Cinco Ventanas Phase 8 community, this luxury property offers an unparalleled lifestyle in Ojochal, Costa Rica. This micro-location, perched approximately 210 meters (690 feet) above the Pacific Ocean, provides a unique microclimate characterized by cooler temperatures, comfortable humidity, and refreshing mountain and sea breezes. This elevation ensures breathtaking 270-degree ocean views that stretch from the Osa Peninsula to the Nicoya Peninsula, encompassing iconic landmarks like Isla Violín and the 'Whale's Tail' tombolo. The quiet, no-exit street, shared with only two other homes and backed by protected jungles, guarantees exceptional privacy and tranquility for those looking to buy property in Costa Rica.

Ojochal is renowned for its world-class dining experiences and pristine beaches, all just minutes from your doorstep. The community combines modern conveniences with the relaxed charm of local spots, including rivers, swim holes, trails, and waterfalls. This blend of accessibility and natural beauty makes it an ideal destination for various lifestyles, whether you seek a tranquil retirement, a savvy investment, or a vibrant remote work environment. The Costa Ballena property market, particularly in Ojochal, is highly sought after for its unique combination of luxury and natural immersion. While specific distances to amenities can vary, the central location within Costa Rica's Southern Pacific region places key services within reasonable reach. Larger towns for comprehensive medical facilities and regional airports are accessible, making this an excellent choice for those considering Costa Rica, Costa Rica, as their next home. This area truly represents the best of what Costa Rica's diverse property landscape has to offer, combining local character with nationwide buyer appeal.

Explore more about this area on our regional guide page.

Investment Potential

This luxury residence presents a compelling investment opportunity for discerning buyers. The property's design and amenities are well-suited for both short-term luxury rentals, potentially commanding premium rates due to its unique ocean views, infinity pool, and privacy, and as a long-term private retreat. While specific rental income projections are not guaranteed, the high demand for exclusive Costa Rican experiences suggests strong potential.

Priced at USD 2,850,000 for 5301.95 m² of land, the value proposition should be considered within the context of the Ojochal luxury market. This region generally sees property values reflecting its blend of natural beauty, high-end amenities, and growing expat community. The ideal buyer is likely a high-net-worth individual or family seeking a private, luxurious escape with significant rental income potential, or someone looking for a multi-generational family compound.

The current market timing in Costa Rica is favorable, with increasing interest from North American buyers seeking stable investments and a high quality of life. The country's political stability, commitment to eco-tourism, and attractive residency programs continue to draw sophisticated investors. For an exit strategy, the property's unique features, including its renowned builder, extensive utility independence, and unparalleled views, position it well for future resale in a consistently appreciating luxury market.

Q: What is the potential for rental income? A: The property is exceptionally well-suited for both short-term luxury rentals, given its unique features and location, and as a long-term private residence. While specific income projections are not guaranteed, the high demand for exclusive experiences in Costa Rica suggests strong potential.

Q: How does the price per square meter compare to the regional average? A: The property's price of USD 2,850,000 for 5301.95 m² of land should be evaluated within the Ojochal luxury real estate market, which typically reflects the area's premium blend of natural beauty, high-end amenities, and growing international appeal.

Q: Who is the ideal buyer for this property? A: The ideal buyer is likely a high-net-worth individual or family seeking a private, luxurious escape with significant rental income potential, or someone looking for a multi-generational family compound in a desirable location.

Q: Why is now a good time to invest in Costa Rica real estate? A: Costa Rica's real estate market is currently favorable, driven by increasing interest from North American buyers seeking stable investments and a high quality of life. The country's political stability, commitment to eco-tourism, and attractive residency programs continue to draw sophisticated investors.

Q: What is the exit strategy for this investment? A: The property's unique attributes, including its renowned builder, extensive utility independence, and unparalleled views, position it well for future resale in a consistently appreciating luxury market, offering a robust exit strategy.

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

Ownership & Legal

Ownership of properties like this luxury residence in Ojochal typically involves a Fee Simple title, granting full and unrestricted rights to foreign buyers, identical to those held by Costa Rican citizens. Closing costs are estimated to range from 2% to 4% of the purchase price. An annual property tax of 0.25% of the registered value applies. With a purchase price exceeding $150,000, this property qualifies buyers for the investor visa program, offering a pathway to residency in Costa Rica. These straightforward legal frameworks ensure a secure and transparent acquisition process for international investors.

Q: What type of property title is common for luxury homes in this region? A: Luxury homes in this region typically hold a Fee Simple title, providing full ownership rights to both Costa Rican citizens and foreign buyers.

Q: Are there any restrictions on foreign ownership of real estate in Costa Rica? A: No, foreign buyers have the same ownership rights as Costa Rican citizens, with no restrictions on purchasing real estate.

Q: What are the estimated closing costs for a property purchase? A: Closing costs generally range from 2% to 4% of the purchase price.

Q: What is the annual property tax rate? A: The annual property tax is 0.25% of the property's registered value.

Q: Does purchasing this property qualify me for residency in Costa Rica? A: Yes, with a purchase price exceeding $150,000, this property qualifies buyers for the investor visa program, which can lead to residency.

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

Frequently Asked Questions

Yes, foreigners can absolutely purchase real estate in Costa Rica, including this luxury home. The process is straightforward and typically involves establishing a Costa Rican corporation to hold the property title, which offers additional legal protections and simplifies future transactions. It is highly recommended to work with a reputable local attorney specializing in real estate for a smooth and secure acquisition.

Ojochal, Puntarenas

Property details

Price
$2,850,000
Property type
House
Region
Ojochal
Bedrooms
3
Land size
5,302 m²
Reference
GCI-MLS#1224
Ocean View

Location

Ojochal, Puntarenas

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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Buyer guides

Buying Property in Costa Rica as a Foreigner

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