Mountain view
1 / 64This established income-generating estate in the coastal enclave of Ojochal offers a rare combination of immediate cash flow and premium real estate value. Positioned on a generous 10890 m² parcel of land, the property features 2497 m² of meticulously maintained construction, designed specifically to capture ocean views and cooling Pacific breezes. The layout consists of four independent rental suites, each functioning as a private apartment complete with its own dedicated kitchen, living area, bedroom, and full bathroom. Natural ventilation is optimized throughout the structures using architectural cupola-style ceilings, ensuring the living spaces remain consistently fresh and comfortable.
Priced at USD 548000, this turn-key investment operates with a proven rental history, achieving full occupancy during the high season through both short-term vacation stays and long-term leases. Guests and residents share access to a large swimming pool, an expansive sun deck, and a fully equipped communal laundry facility. The estate is highly versatile, allowing an owner-operator to reside in one suite while leasing the remaining three, or to manage all four units as a dedicated boutique hospitality business. The property borders the main road, providing secure private access and valuable commercial frontage with ample room for future physical expansion. Acquisition costs for foreign buyers, who enjoy secure fee-simple ownership rights, include a property transfer stamp tax of approximately 1.5% of the declared transaction value. The comprehensive closing bundle—covering notary fees, registry charges, legal services, and stamps—typically ranges between 2% and 4% of the final purchase price, alongside a modest annual property tax calculated directly from the registered cadastral value.
Acquiring this multi-unit Ojochal property is a straightforward process for international buyers, as Costa Rican law grants foreign nationals the same fee-simple property ownership rights as local citizens. Because this hillside estate sits outside the restricted maritime zone, you receive secure, absolute ownership of both the land and the structures. With a purchase price of $548,000, this investment comfortably exceeds the financial threshold required to apply for Costa Rica’s residency-by-investment program, offering a clear pathway to legal residency.
During the acquisition, buyers should budget for closing expenses, which typically range between 2% and 4% of the purchase price. This comprehensive bundle covers professional notary fees, legal services, and official registry filings. Within these closing costs, the government transfer stamp tax accounts for approximately 1.5% of the declared transaction value. Once the sale is finalized, your ongoing local carrying costs remain highly manageable, with an annual property tax 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.
This turnkey investment property in Ojochal is situated on a generous 10,890 m² parcel of land, offering a total of 2,497 m² of meticulously maintained construction. Priced at USD 548,000, the estate features four independent rental suites, each designed as a self-contained apartment with its own bedroom, full bathroom, private patio, and dedicated kitchen and living area. The architectural design incorporates cupola-style air ventilation to ensure natural airflow and continuous freshness throughout the interiors.
The outdoor amenities center around a large swimming pool and an expansive pool deck, creating a shared space for guests to relax while taking in the ocean views. Practical infrastructure includes a common laundry room and direct frontage on the main road, which provides private access and valuable commercial exposure.
For buyers navigating the acquisition process, Costa Rica permits straightforward fee-simple ownership for international investors. Transaction costs typically include a property transfer stamp tax of approximately 1.5% of the declared value, with the comprehensive closing bundle—covering notary fees, registry filings, legal services, and stamps—generally totaling between 2% and 4% of the purchase price. Additionally, property owners are subject to an annual property tax calculated on the registered cadastral value of the estate.
Ojochal, Puntarenas, Costa Rica has earned an international reputation as a premier destination for North American buyers seeking a sophisticated lifestyle in the South Pacific region. This specific Costa Ballena property sits in a micro-location renowned for its cool hillside breezes and elevated ocean views, offering a distinct microclimate where the mountain air meets the sea. For those looking to buy property in Costa Rica, Ojochal represents a unique market that balances peaceful, natural surroundings with exceptional infrastructure. The property is positioned with direct frontage on a main road, providing convenient access to the village center, local beaches, and essential services. Residents and guests can easily reach the region's famous culinary scene, pristine coastline, and medical facilities, making it an ideal base for remote workers, retirees, or active investors.
This Ojochal Costa Rica real estate opportunity is particularly attractive for buyers navigating the local purchasing process. Under Costa Rican law, foreign buyers enjoy the security of fee-simple ownership rights, which are identical to those of citizens. When acquiring this property, buyers should anticipate standard transaction costs, including a property transfer stamp tax that generally amounts to about 1.5% of the declared value. The comprehensive closing bundle—covering notary fees, registry charges, legal services, and stamps—typically totals between 2% and 4% of the purchase price. Additionally, owners are subject to an annual property tax calculated on the registered cadastral value of the estate. Because the purchase price exceeds established investment thresholds, ownership of this asset may also support an application for the country's residency-by-investment program, securing a long-term foothold in this highly appreciating market.
Explore more about this area on our regional guide page.
Acquiring this turnkey commercial property in Ojochal for $548,000 represents a highly strategic entry point into the Southern Zone’s lucrative hospitality market. Spanning a generous 10,890 square meters of land with 2,497 square meters of constructed space, the purchase price translates to an exceptionally competitive valuation per square meter compared to regional averages for ocean-view developments. The estate is ideal for an active owner-operator couple seeking a live-in hospitality lifestyle, or a remote investor focusing on a pure income-generating model.
The versatile four-suite layout supports high-yield short-term vacation rentals during the peak winter travel season, alongside stable long-term tenancies during the shoulder months. Transaction costs are straightforward under Costa Rican law, which permits foreign buyers to hold fee simple ownership. Buyers should budget approximately 1.5% of the declared transaction value for the property transfer stamp tax, with the total closing bundle—encompassing notary fees, registry filings, legal services, and stamps—typically ranging between 2% and 4% of the purchase price. Annual property taxes are conveniently calculated based on the registered cadastral value. With the local real estate market experiencing sustained demand, this property offers a clear exit strategy through future expansion on the adjoining commercial frontage or a straight resale of a proven, cash-flowing asset.
Model rental income for this property with our rental income calculator.
Stepping into the rhythm of Ojochal means embracing a lifestyle where the boundary between modern sophistication and raw, untouched nature beautifully dissolves. For the discerning buyer, this southern Pacific region of Puntarenas represents the ultimate tropical sanctuary, a place where the morning alarm is replaced by the distant call of howler monkeys and the gentle rustle of sea breezes through the canopy. This is not merely a location; it is a highly coveted destination for global citizens seeking to realign their priorities, escape the frantic pace of northern climates, and immerse themselves in a community that values wellness, connection, and environmental stewardship. Here, the days are measured by the rise and fall of the tides, and the evenings are celebrated with some of the most spectacular, unobstructed sunset views in the world. Aspiring expatriates and lifestyle investors are drawn to this specific stretch of the Costa Rican coastline because it offers an unparalleled sense of freedom and peace, coupled with an established, welcoming community of like-minded individuals.
The aspiration to own a piece of this paradise is rooted in a desire for a meaningful transition, whether that means transitioning into active retirement, launching a boutique hospitality venture, or establishing a multi-generational family retreat. This magnificent hillside estate perfectly aligns with those dreams, offering a tangible path to achieving the coveted Costa Rican lifestyle while securing a highly viable commercial asset. Imagine waking up in your private suite, stepping out onto the patio to enjoy a cup of locally grown coffee while overlooking the vast Pacific Ocean, and knowing that your investment is actively working for you. The property caters to those who refuse to compromise on comfort, offering a turn-key transition into paradise where you can immediately begin hosting guests, building local connections, and enjoying the fruits of a well-planned investment. It appeals directly to the visionary who sees the value in combining personal sanctuary with a thriving business, all set against the backdrop of one of the most biodiverse regions on earth. By acquiring this estate, you are not just purchasing real estate; you are investing in a legacy of health, happiness, and financial independence in a country world-renowned for its "Pura Vida" philosophy.
Principal broker

In Costa Rica since 2004
Principal broker

In Costa Rica since 2004
Ojochal, Puntarenas