Nerea Luxury Ocean-View Condo near Los Sueños Marina | Faro Escondido

Acquiring this premium ocean-view condominium in the exclusive Faro Escondido community is a highly secure and straightforward process for North American buyers. In Costa Rica, foreign investors enjoy the exact same constitutional rights to property ownership as local citizens. This residence is held under fee simple title, meaning you secure absolute ownership of the real estate rather than a leasehold or concession.

When budgeting for your acquisition, expect total closing costs—which bundle notary fees, registry charges, legal services, and government stamps—to range between two and four percent of the purchase price. This includes the property transfer stamp tax, which typically accounts for about one and a half percent of the declared transaction value. Once you own the property, your ongoing holding costs remain remarkably low; the annual property tax is calculated directly from the registered cadastral value of the residence. Furthermore, because the purchase price of this luxury condo comfortably exceeds the national investment threshold, ownership of this asset qualifies you to apply for official Costa Rican residency under the investor category.

This corner residence in the NEREA boutique development spans 306 m² of sophisticated construction in the exclusive Faro Escondido area of Jacó, Garabito. Priced at USD 2200000, the three-bedroom, three-and-a-half-bathroom home features premium Italian Aran Cucine cabinetry, a central kitchen island, and high-end appliances. Designed with an open-concept layout, the interior boasts floor-to-ceiling windows that lead to expansive terraces overlooking Herradura Bay. The primary suite offers direct terrace access and panoramic ocean views, while the secondary bedrooms feature private en-suite bathrooms and balcony access.

The carbon-neutral property integrates sustainable infrastructure, including solar panels and energy-efficient LED lighting. Residents access the condo via a private elevator that opens directly into the home. Two covered parking spaces and a private storage unit are included. Outside, the gated community provides a clifftop infinity pool, a semi-olympic lap pool, a fully equipped gym, a spa with a sauna and steam room, yoga decks, and fire pits. Ownership of this 306 m² property is fee simple, with annual property taxes calculated using the registered cadastral value, while standard closing costs, including notary and registry fees, typically range from two to four percent of the transaction price.

The coastal canton of Garabito is part of Costa Rica's diverse property landscape, offering a sophisticated blend of raw natural beauty and world-class infrastructure. Situated in the province of Puntarenas, this region has become a premier destination for North Americans looking to buy property in Costa Rica. The micro-location of Faro Escondido, positioned immediately adjacent to the renowned Los Sueños Resort & Marina and just a short drive from the bustling hub of Jacó, provides an ideal balance of secluded privacy and convenient accessibility. Residents can easily reach local beaches, championship golf courses, international dining options, and medical services within the immediate municipal area. For global travelers, the location is highly accessible, situated within a comfortable driving distance from Juan Santamaría International Airport in San José, making it a highly practical choice for a vacation home, a permanent relocation, or a high-yield real estate investment.

The local climate is characterized by warm, tropical weather year-round, enabling an active outdoor lifestyle centered around world-class sportfishing, surfing, and coastal exploration. This specific stretch of the Central Pacific coast is highly sought after by those researching Playa Hermosa homes for sale or premium beach property Jaco. For buyers exploring real estate Jaco Costa Rica, understanding the purchasing framework is essential. Costa Rica permits fee-simple property ownership for foreign nationals, meaning international buyers enjoy the same constitutional property rights as citizens. When purchasing this luxury residence, buyers should account for a closing bundle—encompassing notary fees, registry charges, legal services, and stamps—which typically totals between two and four percent of the purchase price. Additionally, the property transfer stamp tax generally amounts to approximately 1.5 percent of the declared transaction value. Ongoing holding costs include an annual property tax, which is calculated directly from the registered cadastral value of the condominium. At this premium price point, international buyers may also explore the country's residency-by-investment programs, which offer a pathway to legal residency based on real estate acquisition. Whether utilized as a private coastal sanctuary or a shared fractional estate, this property delivers an unparalleled foothold in one of the country's most secure and prestigious residential enclaves.

This premium 306-square-meter cliffside residence in the exclusive Faro Escondido community presents a highly strategic acquisition for sophisticated North American buyers. Priced at $2,200,000, the property offers a rare entry point into a highly restricted, carbon-neutral boutique development of only twelve residences. The asset is uniquely positioned for the luxury rental market, where high-end inventory near the Los Sueños Marina commands premium rates, though buyers can also opt for a structured one-fifth fractional co-ownership model to share operational expenses.

From a transactional perspective, Costa Rica offers foreign buyers secure fee-simple ownership rights. Buyers should budget between two and four percent of the purchase price to cover the comprehensive closing bundle, which encompasses notary fees, registry charges, legal services, and necessary stamps, including the property transfer stamp tax that typically requires about 1.5 percent of the declared transaction value. Ongoing holding costs are highly favorable compared to US and Canadian markets, as the annual property tax is calculated directly from the registered cadastral value of the condominium. This pricing structure, combined with the potential to qualify for residency-by-investment programs due to the purchase price exceeding established thresholds, makes the property an excellent vehicle for capital preservation and long-term exit liquidity.

The decision to acquire a residence in this exclusive cliffside enclave of Garabito is far more than a premium real estate transaction; it is a deliberate alignment with an elevated, intentional way of living that few locations in the world can replicate. Here, the rugged, dramatic beauty of the Central Pacific coastline meets the sophisticated desires of the modern global citizen. Nestled high above the shimmering waters of Herradura Bay, residents find themselves immersed in a sanctuary where the daily rhythm is dictated by the rise and fall of the tides and the golden hues of the Pacific sunset. This unique geographical setting caters directly to the aspirations of high-net-worth individuals who refuse to compromise on either absolute privacy or world-class convenience. It is a place where you can spend your morning navigating the open ocean from the nearby world-class marina, your afternoon indulging in the vibrant social and culinary scene of neighboring Jacó, and your evening retreating to a secure, tranquil haven that feels worlds away from the bustle of daily life.

For the discerning buyer, this location represents the ultimate realization of the coastal dream—a seamless blend of raw tropical nature and refined, cosmopolitan luxury. The surrounding region has evolved into a premier destination for executives, entrepreneurs, and retirees from North America and beyond, all seeking to trade the frantic pace of metropolitan life for the restorative, health-centric philosophy of the Costa Rican lifestyle. Living in this coastal corridor means embracing an outdoor-oriented existence where wellness is woven into the very fabric of your day, whether that involves early morning yoga on a cliffside deck, surfing the legendary breaks of the local beaches, or simply breathing in the clean, ocean-scented air from your private terrace. This is a community designed for those who have achieved success and are now looking to invest in their personal well-being, family legacy, and peace of mind. It offers a rare opportunity to cultivate a balanced life of leisure and adventure, surrounded by a welcoming, like-minded community of global citizens who share a profound appreciation for natural beauty, environmental stewardship, and the finer things in life.