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  3. Ojochal Income Property: Restaurant, 3 Cabins, 3-Bed Home, Pool & Development Land
Ojochal Income Property: Restaurant, 3 Cabins, 3-Bed Home, Pool & Development Land — view 1, Ojochal, Costa Rica1 / 15

Ojochal Income Property: Restaurant, 3 Cabins, 3-Bed Home, Pool & Development Land

Ojochal · Puntarenas

Ojochal

6Bedrooms
7Bathrooms
16,187 m²Land size
Pool
$1,800,000

Description

On this page

  1. The Property
  2. Property Details
  3. Life in Ojochal, Puntarenas, Costa Rica
  4. Investment Potential
  5. Ownership & Legal
  6. Frequently Asked Questions

The Property

Discover an unparalleled opportunity nestled within the vibrant, cosmopolitan town of Ojochal – a 4-acre estate unlike any other. This exceptional property seamlessly blends an established commercial venture with luxurious private living, all while offering significant potential for future expansion. Accessed via a paved public road and private driveway, the estate provides ample parking for both guests and residents. Thoughtful architectural details and a rich color palette unite the various structures, creating a cohesive and inviting atmosphere amidst meticulously cultivated gardens and lush green spaces. Despite its elevated, private setting, the full amenities of Ojochal are just a short walk or drive away.

The estate features a spacious main house, three independent guest casitas, a fully equipped restaurant, and a refreshing pool area. The main residence boasts three bedrooms and expansive living spaces, including a massive covered outdoor dining and lounge area with serene jungle views. The upper level encompasses the main kitchen, indoor dining, a study, and two large bedrooms, including the master and a multi-bed children's room, each with a generous bathroom. Downstairs, a substantial laundry room, storage, and another immense bedroom, complete with a kitchenette and study area, offer versatile living arrangements.

Scattered across the property are three fully air-conditioned casitas. Two are adjoined, featuring private bathrooms, mini-fridges, and covered garden-view patios, sharing a central outdoor kitchen. The third casita is self-contained with its own kitchen, two bathrooms, and a jungle-view patio. The large, open-concept restaurant, spanning 9x20m, is a focal point, accommodating up to 120 patrons with seating for 55. Its high roof, red and woody accents, and split-level layout create a warm, tropical ambiance, perfect for dining or events. Below the restaurant are commercial laundry facilities.

A large pool deck, framed by Royal Palms descended from Bob Marley’s Jamaican estate, offers multiple lounging and seating areas, complemented by picnic, shower, and BBQ facilities. This refreshing swimming pool is enveloped by a wall and jungle plants, creating a 'tropical walled garden' feel, opening to blue skies and palm tree vistas. Beyond the developed area, two prepared plantels await immediate construction, offering endless possibilities for additional cabins, hotel accommodations, a gym, yoga studio, or even further residential development. This 16,187 m² property, priced at USD 1,800,000, presents a unique chance to realize your vision in Ojochal, Costa Rica.

Property Details

This property showcases exceptional construction quality, with all structures unified by rich, warm color palettes and architectural accents. The main residence features a generously sized kitchen and indoor dining area on the upper level, alongside a study and two large bedrooms, including the primary suite and a multi-bed children's room, each with an expansive bathroom. A massive covered patio extends from this level, offering lounge and dining spaces with lush jungle views. The lower level provides a large laundry room, an impressive storage area, and an additional bedroom large enough to accommodate two beds, complete with a kitchenette and a study/activities zone.

Outdoor amenities include a refreshing swimming pool surrounded by a spacious deck with multiple lounges, seating, and tables. Adjacent picnic, shower, and BBQ facilities enhance the experience, all framed by towering Royal Palms. A wall and jungle plants create a private, tropical garden ambiance around the pool. The property also includes three fully equipped, air-conditioned cabins. Cabins one and two share an outdoor covered central kitchen, cooking, and dining area, each with private bathrooms, mini-fridges, and covered garden-view patios. Cabin three is a self-contained unit featuring its own kitchen, fridge, cooking and dining area, two bathrooms, and a jungle-view patio. Infrastructure includes air conditioning in the cabins and access via a paved public road and driveway, with ample parking.

Life in Ojochal, Puntarenas, Costa Rica

Nestled in the vibrant heart of Ojochal, Puntarenas, Costa Rica, this property offers an unparalleled opportunity to buy property in Costa Rica that blends luxury living with a thriving commercial venture. Ojochal, a jewel within the Costa Ballena region, is renowned for its unique microclimate and cosmopolitan atmosphere, drawing a diverse community of expatriates and locals. The elevation of this particular site ensures a refreshing breeze and stunning views, creating a serene escape just moments from the bustling town.

The lifestyle enabled by this Ojochal Costa Rica real estate is as varied as the landscape itself. Imagine starting your day with the sounds of the jungle, enjoying a leisurely breakfast, and then either managing your established business or exploring the natural wonders of the region. The proximity to pristine beaches makes it ideal for surf enthusiasts, while the tranquil environment and high-quality amenities cater perfectly to those looking to retire in Costa Rica. For investors, the existing commercial operation combined with ready-to-build plantels presents a significant advantage, allowing for immediate income generation and future expansion. Remote workers will appreciate the inspiring surroundings and the potential to develop dedicated office facilities on the additional land.

Ojochal’s strategic location in Puntarenas means easy access to essential services and attractions. While exact distances vary, the town center, with its gourmet restaurants, shops, and services, is just a short drive or walk away. Beautiful beaches are also within close reach, offering endless opportunities for relaxation and water sports. Larger towns and medical facilities are accessible within the province of Puntarenas, and international airports are a reasonable drive, connecting you to North America and beyond. This micro-location truly offers the best of both worlds: a peaceful, private sanctuary with all the conveniences of a well-developed, sought-after community, making it an exceptional place to invest in Costa Ballena property.

Explore more about this area on our regional guide page.

Investment Potential

This Ojochal property presents a compelling investment opportunity for discerning buyers. Its unique blend of established commercial operations and expansive residential space offers diverse income streams. Short-term rental potential is robust, driven by the three fully equipped cabins, which cater to the region's vibrant tourist market. The existing restaurant, capable of seating 55 patrons, provides an immediate revenue source, further enhanced by its capacity for events up to 120 guests. For long-term income, the substantial three-bedroom main house, with its generous living areas and versatile lower level, could serve as a premium rental or a private owner's residence.

Considering the regional average for luxury properties in Ojochal, this 16,187 m² estate, priced at $1,800,000, offers significant value, particularly given its developed infrastructure. The presence of two prepared plantels provides immediate scope for expansion, allowing for additional cabins, a hotel block, or a private family compound. This flexibility allows a new owner to tailor the property to maximize returns. The ideal buyer is an entrepreneur ready to capitalize on an existing business while simultaneously developing additional revenue-generating assets. Costa Rica's real estate market continues to attract strong interest from US and Canadian buyers, with Ojochal recognized for its cosmopolitan appeal and natural beauty. For an exit strategy, the property's diverse offerings and potential for further development ensure broad appeal to future investors seeking a turnkey commercial and residential asset in a desirable location.

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

Ownership & Legal

Foreign buyers enjoy the same ownership rights as citizens in Costa Rica. Properties in Ojochal typically hold Fee Simple title, granting outright ownership. Closing costs are estimated to be between 2–4% of the purchase price, and annual property taxes are a low 0.25% of the registered value. With a purchase price exceeding $150,000, this property qualifies buyers for an investor visa, providing a pathway to residency in Costa Rica. The process is straightforward, ensuring a smooth transition for international investors seeking to embrace the Pura Vida lifestyle.

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

Frequently Asked Questions

Yes, foreigners can absolutely purchase this property in Costa Rica. Costa Rican law grants foreigners the same property ownership rights as citizens, making it a straightforward process for international buyers to invest in real estate here. We can guide you through the necessary legal steps to ensure a smooth acquisition.

Ojochal, Ojochal, Puntarenas

Property details

Price
$1,800,000
Property type
Commercial
Region
Ojochal
Bedrooms
6
Bathrooms
7
Land size
16,187 m²
Reference
GCI-MLS#1062

Location

Ojochal, Puntarenas

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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$1,800,000

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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.

Read the guide

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