
1 / 68Imagine waking to the gentle rhythm of Costa Rica, your private oasis nestled in the vibrant heart of Ojochal. This exceptional property, priced at USD 790,000, offers a seamless blend of luxurious living and significant income potential. Spanning 5,136 m² (1.26 acres), the estate is perfectly positioned to capture breathtaking valley and village vistas, culminating in spectacular year-round ocean sunsets. The main residence, a modern two-bedroom home, boasts a generous living and kitchen area, a spacious bedroom, and an expansive wooden terrace that invites outdoor living and overlooks the Pacific. Above, a vast flat terrace presents an exciting opportunity for future expansion or additional rental units. Complementing the main house are two beautifully appointed, private guest casitas, each featuring a large bedroom, elegant bathroom, and a secluded patio. These comfortable accommodations are designed to generate impressive rental revenue. Guests also enjoy a dedicated lounge area with a kitchen, all centered around a stunning swimming pool that offers both mountain and ocean views. With a total of four bedrooms and three bathrooms across 310 m² of construction, this turn-key property is a rare find for those seeking an immediate move-in and income-generating luxury lifestyle.
This newly constructed residence in Ojochal features a modern two-bedroom main home and two separate, income-generating apartments. The main house boasts a spacious living area, a well-appointed kitchen, and a large primary bedroom. A significant wooden terrace extends from the main living space, offering expansive ocean views and year-round sunsets. Above the main home, a flat terrace presents opportunities for future expansion or additional rental units.
The two private guest apartments are thoughtfully designed, each featuring a comfortable bedroom, an attractive bathroom, and a private patio. These units are positioned for privacy while remaining adjacent to the main dwelling. Guests also enjoy a dedicated lounge area with a kitchen space and a beautiful swimming pool that provides both mountain and ocean vistas.
Situated on a 5,136 m² (1.26 acre) lot, the property overlooks the valley and village of Ojochal. The total construction spans 310 m² and includes four bedrooms and three bathrooms across the entire estate. This move-in ready property is conveniently located near Ojochal’s amenities, pristine beaches, and the local waterfall, with ample space remaining for further development.
Nestled in the heart of Ojochal, Puntarenas, Costa Rica, this property offers an unparalleled lifestyle within a vibrant micro-location. Ojochal is renowned for its unique blend of lush rainforest, pristine beaches, and a sophisticated culinary scene, making it a prime destination for those looking to buy property in Costa Rica. Located on Calle Cascada, residents benefit from immediate access to the village's diverse amenities, from gourmet restaurants to essential services. The famous Ojochal Waterfall is just a short journey up the road, providing a captivating natural landmark for exploration.
The Costa Ballena region, where Ojochal resides, is celebrated for its stunning natural beauty and a welcoming expatriate community. This specific locale offers a serene escape while remaining conveniently close to key infrastructure. While exact distances vary, the property’s position in Puntarenas province ensures reasonable proximity to major healthcare facilities and domestic airports, enhancing its appeal for retirees and investors alike. The climate here is tropical, characterized by warm temperatures and refreshing ocean breezes, creating an ideal environment for year-round enjoyment.
Living in Ojochal enables a multifaceted lifestyle. Surf enthusiasts will find numerous world-class breaks just minutes away, while those seeking tranquility can indulge in the serene beauty of the local beaches. The area is also increasingly popular for remote workers, drawn by the peaceful surroundings and growing connectivity. For investors, Ojochal Costa Rica real estate presents a compelling opportunity, particularly with income-generating properties like this one. The community character is a harmonious blend of local Costa Rican charm and international influences, fostering a rich cultural experience. Whether you dream of a peaceful retirement, a dynamic investment, or a vibrant base for remote work, this Ojochal, Puntarenas, Costa Rica property perfectly embodies the allure of Costa Ballena property ownership.
Explore more about this area on our regional guide page.
This Ojochal property presents a compelling investment opportunity for discerning buyers. Its multi-family configuration, featuring a main residence and two private apartments, is well-suited for generating consistent short-term rental income, capitalizing on Costa Rica's robust tourism market. The established rental units already demonstrate strong performance, offering immediate returns upon acquisition. While long-term rentals are also an option, the property's prime location near beaches and amenities, coupled with its stunning valley and ocean views, aligns perfectly with the demand for luxury vacation accommodations.
Considering the 310 m² of construction on a 5,136 m² lot, the price point of USD 790,000 places this offering within a competitive yet attractive range for the Ojochal region. Buyers can expect a per-square-meter value that reflects the quality of construction, desirable features like the swimming pool and ocean views, and the income-generating potential. The current Costa Rican real estate market continues to show resilience and growth, particularly in sought-after areas like Puntarenas, making this an opportune time to invest.
The ideal buyer for this property is someone seeking a move-in ready home that simultaneously provides a significant income stream, or an investor looking to expand their portfolio in a high-demand luxury market. With ample land for additional development, an exit strategy could involve further enhancing the property's value through expansion, or simply enjoying appreciating asset value in a stable market. We do not guarantee specific returns, but the inherent features and market conditions support a strong investment outlook.
Model rental income for this property with our rental income calculator.
Owning property in Costa Rica is straightforward for international buyers, with foreign nationals enjoying the same ownership rights as citizens. This particular offering holds a Fee Simple title, granting full, unencumbered ownership of both the land and any structures. Closing costs are typically estimated at 2–4% of the purchase price, covering legal fees, transfer taxes, and registration. Annually, property taxes are a modest 0.25% of the registered property value. Furthermore, with a purchase price exceeding $150,000, buyers are eligible to apply for an investor visa, facilitating residency in Costa Rica. This process is designed to be transparent and secure, ensuring a smooth transition for new owners.
Review title types and due diligence in our fee simple vs concession guide.
Terra Lodge: A Premier Income-Producing Estate with Ocean Views and Dual Rental Apartments in Ojochal.
Nestled on a sprawling 5,136 m² (1.26-acre) parcel overlooking the picturesque valley and village of Ojochal, this newly constructed estate presents an unparalleled opportunity for luxurious living combined with robust income generation. Boasting a modern main residence and two private rental apartments, Terra Lodge is strategically situated on Calle Cascada, offering convenient access to Ojochal’s vibrant culinary scene, essential services, and the region’s most stunning natural attractions, including pristine Pacific beaches and the iconic Ojochal Waterfall just up the road. This property is a testament to sophisticated design, featuring a total of four bedrooms and three bathrooms across its various units.
Yes, foreign individuals are legally permitted to purchase real estate in Costa Rica, enjoying the same ownership rights as citizens. The process is straightforward, typically involving a local attorney to ensure all legal requirements are met and to facilitate a smooth transaction.
Ojochal is renowned for its lush natural beauty, vibrant international culinary scene, and proximity to stunning Pacific beaches and the Ojochal Waterfall. Its tranquil atmosphere, combined with convenient access to essential amenities, makes it an attractive destination for both residents and tourists seeking a blend of luxury and nature.
This property is designed for income generation, featuring two dedicated rental apartments in addition to the main residence. Its prime location, modern amenities, and appealing ocean and mountain views position it well for strong rental demand from tourists seeking a high-quality experience in Ojochal.
Property acquisition in Costa Rica involves a closing process handled by a local attorney, who conducts due diligence, verifies clear title, and registers the property transfer with the National Registry. This ensures the buyer receives a clear and legally sound title, providing security and peace of mind.
Situated on Calle Cascada, this estate offers excellent proximity to Ojochal’s amenities, including acclaimed restaurants and services. It is also just minutes away from several gorgeous beaches and the famous Ojochal Waterfall, providing convenient access to both daily necessities and recreational activities.
The main residence, a modern two-bedroom home, is a sanctuary of comfort and style. It features a spacious living room and kitchen area, tastefully decorated to create an inviting atmosphere. A large wooden terrace extends from the main living space, offering breathtaking ocean views and year-round sunsets, providing an idyllic setting for relaxation or entertaining. The main bedroom within this residence is generously sized, ensuring a private retreat. Above the main house lies a substantial flat terrace, presenting an exciting opportunity for expansion, easily transformable into additional rooms or further rental units, thereby increasing the property's potential and value.
Adjacent to the main house, yet designed with utmost privacy in mind, are the two beautiful rental apartments. These comfortable units are exquisitely decorated, each featuring a private patio, spacious bedrooms, and elegant bathrooms. They have been consistently generating strong rental income, making Terra Lodge an ideal "move-in ready" investment property. Guests of these apartments benefit from a separate lounge area equipped with a kitchen space, enhancing their stay. The estate’s crown jewel is undoubtedly the beautiful swimming pool, offering panoramic mountain and ocean views, a perfect spot for guests and residents alike to unwind and soak in the natural splendor of Costa Rica. With ample room for additional construction, this property offers flexibility for future development, allowing a new owner to further customize and expand upon its existing features.
Ojochal is not merely a location; it is a lifestyle, a vibrant tapestry woven with the threads of international culture, unparalleled natural beauty, and a profound sense of community. For the discerning buyer, investing in Terra Lodge is an invitation to embrace this unique way of life, where the rhythm of the Pacific Ocean dictates the pace and the lush rainforest provides a constant backdrop of tranquility. Imagine waking to the gentle symphony of exotic birds, sipping your morning coffee on your private terrace as the sun rises over the verdant mountains, casting a golden glow across the valley. The daily routine here transcends the mundane, offering endless opportunities for adventure and relaxation. Spend your mornings exploring hidden coves and pristine beaches, perhaps indulging in a surf lesson or simply basking in the tropical sun. Afternoons might be dedicated to discovering the region’s famed culinary scene, with Ojochal boasting an impressive array of world-class restaurants that cater to every palate, from exquisite local seafood to international gourmet delights. The allure of Ojochal extends beyond its natural splendor and gastronomic excellence; it is a haven for those seeking a more mindful existence, a place where one can reconnect with nature and oneself. The community is a melting pot of expatriates and locals, fostering a welcoming and inclusive atmosphere where friendships flourish and shared experiences create lasting memories. For the buyer aspiring to a life of both luxury and purpose, Terra Lodge offers the perfect canvas. It represents not just a home, but a legacy – a place where family memories are forged, where personal growth is nurtured, and where the dream of a tropical paradise becomes an everyday reality. This property caters to those who envision a life less ordinary, a life enriched by breathtaking views, sustainable living, and the vibrant pulse of a thriving international community. It's an investment in a future defined by beauty, tranquility, and endless possibilities.
Ojochal, Ojochal, Puntarenas
Ojochal, Puntarenas
Principal broker

In Costa Rica since 2004