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  1. Ocean-View Luxury Estate Lot in Drake Bay: Prime Acreage with Panoramic Mountain Vistas
Ocean-View Luxury Estate Lot in Drake Bay: Prime Acreage with Panoramic Mountain Vistas — view 1, Drake Bay, Costa Rica1 / 38
Ocean view

Ocean-View Luxury Estate Lot in Drake Bay: Prime Acreage with Panoramic Mountain Vistas

Drake Bay · Puntarenas

Central Valley (San José, Escazú, Santa Ana)

73,754 m²Land size
Ocean view
$695,000

Description

On this page

  1. Listing Highlights
  2. Construction & Features
  3. Market Position
  4. The Costa Rica Lifestyle
  5. Title & Foreign Ownership
  6. More About Drake Bay, Puntarenas, Costa Rica
  7. Frequently Asked Questions

Listing Highlights

This expansive acreage in the Drake Bay region of Puntarenas offers an exceptional canvas for a custom luxury estate, private family compound, or boutique vacation rental development. Priced at USD 695000, the property spans an impressive 73754 m² of land, providing an extraordinary level of privacy and space. The estate features a large, flat building area that has already been partially landscaped, making it ready for immediate architectural planning. A rustic dwelling currently stands on the site, serving as a practical base of operations for builders or as temporary shelter during the construction of your permanent residence.

The topography of this parcel ensures that future structures will capture spectacular, unobstructed ocean views overlooking the waters of Drake Bay, complemented by dramatic mountain vistas in the opposite direction. The building site is bordered by dense, vibrant jungle where the local fauna thrives. Scarlet macaws frequently fly overhead, and white-faced capuchin monkeys move through the surrounding canopy, offering a daily connection to the natural heritage of the Osa Peninsula. With ample acreage available, owners can easily design a main residential villa alongside multiple independent guest casitas, a private swimming pool, and dedicated walking trails through the private forest. This titled land represents a rare opportunity to secure a substantial holding in one of the most biodiverse regions on earth.

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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

This premium ocean-view acreage in Drake Bay, Puntarenas, spans a generous 73,754 square meters of land and is listed at USD 695,000. The expansive property features a large, flat building area that has been partially landscaped, offering an ideal foundation for constructing a custom luxury estate, a private family retreat, or high-end vacation rentals. A rustic dwelling currently stands on the site, serving as a practical base for builders or immediate temporary shelter during the development phase.

Surrounded by vibrant, dense jungle, the estate is positioned to capture panoramic views of the Pacific Ocean overlooking Drake Bay on one side, with dramatic mountain vistas rising in the opposite direction. The natural landscape is home to diverse local fauna, including monkeys that traverse the canopy and toucans nesting in the surrounding trees.

For buyers navigating the acquisition, Costa Rica permits fee simple ownership for international investors. The transaction involves standard closing costs, which typically encompass a property transfer stamp tax of approximately 1.5 percent of the declared value, alongside registry, notary, and legal fees that generally total between 2 and 4 percent of the purchase price. Ongoing ownership is subject to an annual municipal property tax calculated directly from the registered cadastral value of the land.

Market Position

At USD 695,000 for 73,754 square meters of land, this Drake Bay estate represents an entry point of under USD 10 per square meter. This pricing sits well below the averages found in highly developed northern coastal pockets, offering a distinct value proposition for buyers targeting the rapidly growing eco-luxury sector. The expansive acreage allows for a compound-property layout, where a buyer can construct a primary residence alongside independent guest casitas to maximize short-term rental income.

The ideal buyer is an conservation-minded investor or a private buyer seeking a legacy family retreat. For North Americans, Costa Rica permits fee-simple ownership, meaning foreign buyers enjoy the same property rights as citizens. When structuring the acquisition, buyers should budget for a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. The comprehensive closing bundle—covering notary fees, registry filings, legal representation, and stamps—typically totals between 2 and 4 percent of the purchase price. Additionally, ongoing ownership carries a modest annual property tax calculated directly from the registered cadastral value. With Drake Bay gaining international recognition for high-end eco-tourism, this property offers a strong exit strategy through future subdivision or a turnkey boutique lodge sale.

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

The Costa Rica Lifestyle

This expansive 73,754-square-meter property in Drake Bay, Puntarenas, Costa Rica, offers North American buyers a rare foothold in one of the most biodiverse regions on earth. Situated on the rugged Osa Peninsula, Drake Bay is part of Costa Rica's diverse property landscape, serving as a premier destination for eco-tourism and off-grid luxury. The micro-location of this lot combines absolute privacy with convenient access to the regional airstrip and the main town center of Drake Bay, where essential amenities, local dining, and boat charters are readily available. For healthcare, residents can access regional clinics or travel to the larger hospitals in the southern zone of Puntarenas province. This unique setting enables a lifestyle of active exploration, deep relaxation, or remote work, surrounded by a lush jungle canopy where scarlet macaws fly overhead and white-faced capuchin monkeys move through the trees.

For those looking to buy property in Costa Rica, this parcel represents an exceptional investment. Whether your goal is to establish a private family retreat, a luxury eco-lodge, or a high-yield vacation rental, the existing rustic dwelling on the flat building site serves as an immediate base of operations during the construction of your main house and guest casitas. North Americans exploring Costa Rica real estate for Americans will find the purchasing process highly secure, as foreign buyers enjoy the same fee-simple ownership rights as Costa Rican citizens for titled land outside of maritime concession zones.

When acquiring Costa Rica homes for Canadians and US citizens, understanding the transaction costs is essential. Buyers should anticipate a property transfer stamp tax of approximately 1.5% of the declared transaction value. The comprehensive closing bundle—which encompasses notary fees, registry charges, legal services, and documentary stamps—typically ranges between 2% and 4% of the final purchase price. Additionally, ongoing ownership costs are highly manageable, with annual property taxes calculated on the registered cadastral value of the land. At this purchase price, foreign investors may also explore the country's residency-by-investment pathways, making this Drake Bay property a strategic addition to any international real estate portfolio.

Explore more about this area on our regional guide page.

Title & Foreign Ownership

Acquiring this expansive 73,754-square-meter estate in Drake Bay is a straightforward process, as Costa Rican law grants foreign buyers the same fee-simple ownership rights as local citizens. Because this property is fully titled, you will hold direct, secure ownership without the restrictions associated with concession lands or maritime zones.

During the acquisition, you should anticipate total closing costs—which bundle the necessary notary fees, property registry filings, legal services, and documentary stamps—to range between two and four percent of the final purchase price. Additionally, the property transfer stamp tax typically accounts for approximately 1.5 percent of the declared transaction value, while ongoing ownership incurs a modest annual property tax calculated from the registered cadastral value.

Furthermore, because the purchase price of $695,000 comfortably exceeds the national investment threshold, securing this land positions you and your immediate family to qualify for Costa Rica's residency-by-investment program.

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

More About Drake Bay, Puntarenas, Costa Rica

Living in Drake Bay is an immersive experience that redefines the concept of luxury, shifting the focus from mere material possessions to an authentic, unfiltered connection with the natural world. This is a place where your daily rhythm is dictated by the rising sun and the gentle ebb and flow of the Pacific tides, rather than the frantic pace of modern metropolitan life. For the visionary buyer, this seventy-three-hectare estate represents the ultimate canvas upon which to build a legacy of wellness, privacy, and environmental stewardship. Imagine waking up to the complex, melodic symphony of the Costa Rican rainforest, stepping out onto a custom-designed viewing deck to watch the morning mist rise off the ocean, and spending your afternoons navigating the pristine waters of the Osa Peninsula. The local lifestyle is defined by this seamless integration of indoor and outdoor living, where the boundary between your private sanctuary and the surrounding jungle simply melts away. It appeals directly to high-net-worth individuals, conservationists, and forward-thinking investors who recognize that true exclusivity lies in owning a massive, untouched tract of land in one of the most biodiverse places on Earth. Here, luxury is measured in the sheer volume of clean air, the brilliance of the starlit night skies free from light pollution, and the absolute peace of mind that comes with knowing your nearest neighbors are the scarlet macaws and white-faced capuchin monkeys. By establishing your private retreat on this elevated building site, you are not just purchasing real estate; you are securing an irreplaceable sanctuary that aligns with an aspirational lifestyle of health, sustainability, and quiet sophistication that few places left on the planet can offer.

Frequently Asked Questions

Yes, international buyers enjoy the exact same fee-simple ownership rights as Costa Rican citizens for this titled Drake Bay property. Because this parcel is fully titled and does not fall under maritime concession zone restrictions, you can hold the deed directly in your own name or through a local corporation. Our legal team will guide you through the standard registration process to ensure your investment is fully protected under Costa Rican law.
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

Drake Bay, Puntarenas

Property details

Price
$695,000
Property type
Lot
Region
Central Valley (San José, Escazú, Santa Ana)
Land size
73,754 m²
Reference
GCI-MLS#2822
Ocean View

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