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  1. Modern 3-Bed Mountain Luxury Estate with Diamante Waterfall Views in Escaleras, Dominical
Modern 3-Bed Mountain Luxury Estate with Diamante Waterfall Views in Escaleras, Dominical — view 1, Dominical, Dominical, Costa Rica1 / 64
Ocean view

Modern 3-Bed Mountain Luxury Estate with Diamante Waterfall Views in Escaleras, Dominical

Dominical · Puntarenas

Dominical / Uvita

3Bedrooms
4Bathrooms
407 m²Built area
9,900 m²Land size
Pool
Ocean view
$1,995,000

Description

On this page

  1. Property Overview
  2. Construction & Features
  3. Living in Dominical, Puntarenas, Costa Rica
  4. Rental & Resale Outlook
  5. Buying Process & Title
  6. More About Dominical, Puntarenas, Costa Rica
  7. Frequently Asked Questions

Property Overview

Perched within the prestigious enclave of Escaleras in the Dominical district, this newly constructed 407 m² architectural marvel redefines tropical luxury for $1,995,000. Rather than focusing solely on the coast, the four-level residence leans into a dramatic hillside setting, capturing sweeping panoramas where the iconic Diamante Waterfalls cascade down the distant Tinamastes ridge. The structural design unfolds across the terraced landscape, beginning with a glass-roofed carport and flowing seamlessly into a two-story core wrapped in three-sided glass walls. Inside, the 3-bedroom layout integrates high-end finishes, wide open living spaces, and immersive natural light, offering an elevated sanctuary on 9,900 m² of private land. The expansive party-sized pool deck serves as the ultimate gathering space, perfectly positioned to take in the sheer scale of the valley views. Offered fully furnished within a secure gated community, this residence combines total seclusion with effortless access to Escaleras’ boutique stores and fine dining. For international investors, foreign buyers enjoy full fee-simple ownership rights in Costa Rica. Ongoing holding costs remain manageable, as annual property taxes are calculated directly from the official registered cadastral value rather than market appreciation. When finalizing the purchase, buyers should anticipate typical closing fees—including notary services, public registry filings, legal support, and transfer taxes—ranging between 2% and 4% of the declared transaction value.

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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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Construction & Features

Priced at USD 1,995,000, this brand-new, multi-level modern estate in the upscale Escaleras area of Dominical offers 407 m² of total construction on a private 9,900 m² lot. The primary residence features three bedrooms and four bathrooms, designed across a four-level structure that terraces directly into the natural hillside. Architectural highlights include a distinctive glass-roofed carport, luxury modern finishes, expansive open living spaces, and three-sided glass walls that frame panoramic mountain and valley landscapes.

The outdoor entertaining areas showcase a party-sized pool deck and terraced spaces positioned to take full advantage of the views, which look toward the distant Diamante Waterfalls cascading down the Tinamastes ridge. Offered fully furnished, the home sits within a secure gated community in the Dominical district, providing convenient proximity to local fine dining and boutique retail.

From an investment standpoint, local acquisition costs require planning. Annual property taxes are determined by the registered cadastral value on file, while total closing expenditures—encompassing legal fees, notary charges, registry costs, and transaction stamps—typically range between two and four percent of the purchase price.

Living in Dominical, Puntarenas, Costa Rica

Dominical, Puntarenas, Costa Rica represents one of the most distinctive coastal microclimates on the South Pacific shoreline. Situated within the prized Costa Ballena corridor, this area is widely recognized as a laid-back surf village where dense oceanfront rainforest directly meets the Pacific Ocean. High-end buyers seeking authentic coastal living frequently favor this region over heavily developed northern beach towns. Elevated directly above the coast sits Escaleras, an exclusive mountain neighborhood celebrated for its privacy, cooler breezes, and dramatic natural topography. Residents of Escaleras enjoy rapid access to the surf breaks at Playa Dominical, while remaining within easy driving distance of regional commercial centers, private medical facilities, and regional airstrips located across the province.

Acquiring real estate Dominical Costa Rica within this specific enclave offers a lifestyle that balances quiet solitude with modern convenience. The surrounding area features fine dining establishments, organic markets, artisanal shops, and boutique commercial services. For buyers evaluating a property Uvita or nearby coastal compounds, this micro-location serves as an ideal base for remote work, long-term retirement, or targeted high-end hospitality operations.

Navigating the local acquisition process is straightforward for international investors interested to buy property in Costa Rica. Foreign buyers enjoy fee simple ownership rights outside restricted maritime concession zones. Ongoing operational overhead remains favorable, as annual property tax is assessed strictly on the registered cadastral value maintained in the local municipal database. Buyers should anticipate total transaction closing costs, encompassing mandatory legal services, notary representation, registry filings, and official transfer taxes, to typically fall within two to four percent of the finalized sale price. High-value real estate investments in Costa Ballena homes may also assist buyers qualifying for formal Costa Rican residency programs under current investment frameworks.

Explore more about this area on our regional guide page.

Rental & Resale Outlook

Priced at $1,995,000 for a 407-square-meter footprint on a 9,900-square-meter parcel, this asset aligns with high-end inventory in the prestigious Escaleras community. The multi-level architectural design—featuring a two-story core structure and flexible layout options—caters directly to North American buyers seeking a personal retreat or a premium rental property. Short-term vacation rentals in this corridor command strong nightly rates, supported by proximity to gourmet dining, upscale boutique shops, and local eco-attractions like the nearby Diamante Waterfalls.

From an equity and planning standpoint, foreign buyers enjoy fee-simple ownership rights in this jurisdiction. Potential investors should factor standard transaction friction into their acquisition strategy; typical closing bundles—including notary fees, registry fees, and legal charges—range between 2% and 4% of the purchase price, while property transfer stamp taxes account for approximately 1.5% of the declared transaction value. Furthermore, ongoing holding costs are optimized by the country's tax structure, as annual property tax obligations are calculated directly from the registered cadastral value rather than full market appreciation. Acquiring a fully furnished, brand-new build of this caliber eliminates immediate capital expenditure, presenting a timely entry point into Dominical's constrained luxury real estate market with multiple long-term exit avenues.

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

Buying Process & Title

Acquiring high-end real estate in Escaleras presents a straightforward process for international buyers. Under Costa Rican law, foreign individuals enjoy the same fee simple ownership rights as citizens when purchasing titled property outside the protected Maritime Zone. Your ownership of this $1,995,000 estate is fully protected and held outright. Annual property taxes are assessed on the home's registered cadastral value maintained in the public registry.

During the transaction, expected closing costs typically range between two and four percent of the purchase price. This total covers legal counsel, mandatory property transfer stamp taxes, notary fees, and public registry charges. Additionally, foreign investors purchasing real estate at this price threshold easily meet the financial criteria required to apply for Costa Rica's investor residency status. This four-level modern residence in the gated Escaleras community offers a secure investment backed by clear legal guarantees.

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

More About Dominical, Puntarenas, Costa Rica

Living in the premier mountain neighborhood of Escaleras in Dominical represents the ultimate expression of modern coastal luxury, offering an elevated lifestyle designed for the world’s most discerning homeowners. Perched high above the Pacific coastline, this vibrant sanctuary allows residents to immerse themselves in a harmonious blend of profound natural splendor and refined everyday convenience. Mornings in this exclusive enclave begin with the gentle stirring of the tropical canopy, where cool mountain breezes sweep across the terraced landscape and sunlight illuminates the dramatic contours of the surrounding peaks. The serene environment invites an unhurried, mindful routine—whether that means enjoying a peaceful morning coffee on a sunlit terrace, engaging in an invigorating outdoor yoga practice, or simply taking in the towering vistas of the Tinamastes ridge as the day unfolds. As afternoon approaches, the local community comes alive with effortless sophistication. Residents enjoy immediate proximity to the region’s finest epicurean dining, intimate artisan boutiques, and high-end services tailored specifically to an international clientele. The dynamic local culture seamlessly blends casual beachside authenticity with high-end, world-class amenities, allowing you to transition smoothly from an active day exploring lush rainforest trails or nearby pristine beaches to an elegant evening spent enjoying fine cuisine with like-minded global neighbors.

For high-net-worth investors and buyers seeking an exceptional primary home, an idyllic holiday retreat, or a rewarding trophy asset, this location fulfills the ultimate aspiration of living surrounded by nature without compromising on modern comfort or architectural elegance. Acquiring premier real estate in this booming corridor of Puntarenas aligns perfectly with long-term wealth preservation and lifestyle enhancement strategies. Costa Rica remains a remarkably welcoming destination for foreign capital, explicitly permitting international buyers to hold property under clear, secure fee-simple ownership rights. When acquiring a luxury estate in this prestigious market, smart buyers plan for a standard closing transaction bundle—encompassing essential notary fees, legal representation, mandatory registry costs, and official tax stamps—which typically totals between two and four percent of the purchase price. A key component of these transaction costs includes the regional property transfer stamp tax, which generally accounts for approximately one and a half percent of the declared purchase value. Furthermore, ongoing holding costs remain exceptionally favorable for luxury homeowners; annual municipal property taxes are calculated directly from the official registered cadastral value of the land and improvements, ensuring a transparent and manageable financial structure over time. For those seeking permanent alignment with the country's peaceful way of life, substantial real estate purchases at this price point may also serve as a gateway to established residency-by-investment pathways, opening the door to an enviable, sun-drenched lifestyle in one of the world's most stable and breathtaking natural paradises.

Frequently Asked Questions

Foreign buyers enjoy full fee simple ownership rights for this property, granting you the exact same direct title protections as a Costa Rican citizen. Acquiring this estate qualifies you to apply for official residency-by-investment status based on the purchase value. Annual local property taxes are calculated directly from the official registered cadastral value, while standard closing costs—including registry fees, legal expenses, and transfer taxes—generally run between two and four percent of the transaction.
Read the guide

Contact us

Green Coast Investments

Costa Rica Real Estate

Call us[email protected]

Contact us

Green Coast Investments

Costa Rica Real Estate

Call us[email protected]

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

Dominical, Dominical, Puntarenas

Property details

Price
$1,995,000
Property type
House
Region
Dominical / Uvita
Bedrooms
3
Bathrooms
4
Land size
9,900 m²
Built area
407 m²
Reference
GCI-MLS#2971
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