1 / 24Perched twelve hundred feet above the Pacific, this premium parcel of land in the elevated Ojochal district of the Ojochal canton offers an exceptional foundation for a custom luxury estate. Priced at USD 249,900, the property spans 2,055 square meters of flat, highly buildable land, providing an ideal canvas for a main villa paired with private guest casitas and an infinity-edge swimming pool. The elevation delivers a crisp, cool climate and constant mountain breezes, a refreshing contrast to the coastal heat below. To the front, the property commands an unobstructed view of the Terraba River valley, extending all the way to the distant waters of Drake Bay on the Osa Peninsula on clear days. The rear of the building site is bordered by dense, untouched jungle, ensuring that no future development can compromise your privacy from behind, while the natural topography protects your ocean views from any construction below.
For North American buyers, acquiring this real estate is straightforward, as Costa Rica permits foreign investors to hold fee-simple ownership. When planning your purchase, expect closing costs—which bundle notary, registry, legal fees, and stamps—to range between two and four percent of the purchase price, alongside a property transfer stamp tax of approximately one and a half percent of the declared transaction value. Ongoing ownership is highly cost-effective, with annual property taxes calculated as a low fraction of the registered cadastral value rather than the market price. This pristine acreage combines absolute seclusion with easy access to the gourmet restaurants and beaches of Ojochal, making it an unrivaled location for a primary residence or a high-yield rental property.
This premium parcel of land in the elevated Ojochal district of the Ojochal canton spans 2055 m² and is priced at USD 249900. Situated at an elevation of 1,200 feet above sea level, the property is cooled by continuous fresh mountain breezes. The flat, buildable terrain is bordered by dense, untouched jungle, ensuring that no future construction can occur behind the property line. Furthermore, the topography prevents any downward development from obstructing the panoramic views.
The building site offers clear views facing the Terraba River valley, extending all the way to Drake Bay on the Osa Peninsula on clear days. While the property currently exists as a vacant lot ready for custom construction, local building regulations permit fee simple ownership for foreign buyers.
Purchasing this land involves standard Costa Rican transaction fees, including a property transfer stamp tax that typically requires about 1.5% of the declared transaction value. Buyers should also budget for a comprehensive closing bundle covering notary, registry, legal fees, and stamps, which generally totals between 2% and 4% of the purchase price. Ongoing ownership costs include an annual property tax, which is calculated directly from the registered cadastral value of the land.
Priced at $249,900 for 2,055 square meters of buildable land, this Ojochal property represents a highly competitive entry point of approximately $121 per square meter. This positioning is particularly attractive when compared to steeper prices in nearby premium ocean-view corridors. For the investor, the half-acre parcel offers a flexible footprint to construct a primary residence paired with independent guest casitas. This layout is ideal for capturing high-yield short-term vacation rental income from tourists drawn to the culinary reputation of Ojochal, while retaining the option for long-term expat leasing.
The ideal buyer is a North American investor seeking a tangible asset in a growing market, or a developer looking to build a premium spec home. Costa Rica continues to attract steady capital due to its robust fee-simple ownership rights for foreigners. Holding costs remain remarkably low, as annual property taxes are calculated using the registered cadastral value of the land rather than the market purchase price. Buyers should budget between two and four percent of the purchase price to cover the standard closing bundle, which includes notary fees, registry costs, and legal stamps, alongside the property transfer stamp tax that typically requires about 1.5 percent of the declared transaction value. With land in high demand, this parcel offers a clear exit strategy through future resale to retirees or lifestyle buyers targeting the southern zone.
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This premium homesite is situated in the elevated hills of Ojochal, Puntarenas, Costa Rica, a region in the South Pacific highly sought after by US and Canadian buyers seeking lifestyle, value, and long-term appreciation potential. Positioned at an elevation of 1,200 feet, this half-acre parcel of Ojochal Costa Rica real estate benefits from a distinct microclimate, where constant mountain breezes provide a cooler temperature than the immediate coastline below. The property is surrounded by dense, untouched jungle, offering a quiet sanctuary where you can observe native species like the scarlet macaw or the white-faced capuchin monkey in their natural habitat without the distraction of nearby neighbors.
For those looking to buy property in Costa Rica, this location balances seclusion with accessibility. The village of Ojochal is famous for its culinary scene, offering high-quality restaurants, local markets, and essential services just a short drive down the mountain. Pristine beaches, regional medical facilities, and local transport hubs are all within easy reach, making this Costa Ballena property an ideal canvas for a permanent retirement residence, a remote-work sanctuary, or a high-yield vacation rental.
The legal landscape further enhances the investment appeal of this South Pacific destination. Foreign buyers enjoy the security of fee-simple ownership rights, which are identical to those of Costa Rican citizens. When purchasing this land, buyers should anticipate standard closing costs, which typically encompass a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a closing bundle for notary, registry, and legal fees that generally ranges from 2% to 4% of the purchase price. Additionally, ongoing ownership costs remain highly favorable, as the annual property tax is calculated based on the registered cadastral value of the land, ensuring manageable carrying costs over the long term.
Explore more about this area on our regional guide page.
Acquiring this premium ocean-view parcel in Ojochal is a straightforward process for international buyers, as Costa Rican law grants foreigners the same fee-simple ownership rights as local citizens. Because this property sits high above the maritime zone at an elevation of 1,200 feet, you can secure outright, fee-simple title to the land rather than a concession lease.
With a purchase price of $249,900, this investment comfortably exceeds the country's financial threshold for the investor residency program, offering a clear pathway to legal residency. During the acquisition, buyers should budget for closing costs—including notary fees, registry charges, and legal stamps—which typically total between two and four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Once owned, the ongoing carrying costs are remarkably low, with annual property taxes calculated as a small fraction of the property's registered cadastral value.
Review title types and due diligence in our fee simple vs concession guide.
Living in the elevated reaches of Ojochal is an invitation to experience Costa Rica exactly as you have always imagined it—vibrant, peaceful, and deeply connected to the natural world. At an elevation of 1,200 feet, your daily life is defined by a microclimate that is noticeably cooler and more comfortable than the humid coastal lowlands, where constant mountain breezes rustle through the canopy and naturally cool your custom-designed home. This unique vantage point turns everyday moments into extraordinary experiences. Imagine waking up to the gentle call of howler monkeys and the chatter of toucans nesting in your private backyard jungle, sipping locally grown coffee on your expansive veranda while watching the morning mist rise over the Terraba River valley, and ending your day by witnessing the sky turn brilliant shades of crimson and gold as the sun sinks into the Pacific Ocean near Drake Bay. This property appeals directly to the discerning buyer who refuses to compromise on privacy or accessibility. It is designed for the visionary investor, the remote executive seeking an inspiring backdrop for daily operations, or the family yearning for a wholesome, active lifestyle surrounded by pristine nature. Here, you are only a short drive from the famous culinary scene of Ojochal, celebrated throughout the Southern Zone for its world-class gourmet restaurants, cozy cafes, and international community. The nearby coastline offers endless opportunities for exploration, from the dramatic sea caves of Playa Ventanas to the calm, whale-watching waters of Marino Ballena National Park. Building your dream estate on this half-acre parcel means joining a welcoming, established expat and local community that values environmental stewardship, wellness, and a slower, more intentional pace of life. Whether you choose to construct a permanent sanctuary for your family or a high-yielding luxury rental property that capitalizes on Ojochal’s booming eco-tourism market, this land represents the ultimate canvas for your tropical aspirations, offering a rare combination of raw natural beauty, absolute security, and sophisticated coastal living.
Ojochal, Ojochal, Puntarenas
Ojochal, Puntarenas
Principal broker
In Costa Rica since 2004
