
1 / 43Perched 150 feet above the Pacific Ocean in the surf destination of Pavones, this gated dual-residence compound presents a rare coastal acquisition. Spanning a generous 17,536 square meters of land, the property delivers expansive ocean views while remaining just 200 meters from miles of untouched shoreline. The estate features a total construction footprint of 400 square meters, thoughtfully distributed across two fully furnished luxury homes. This layout provides an ideal configuration for multi-family living or a high-performing investment property. With five bedrooms and four bathrooms split between the residences, the estate balances communal gathering areas with private living quarters.
The outdoor living spaces are anchored by a private swimming pool, positioned to capture the coastal breezes and panoramic ocean vistas. Offered at USD 1,900,000, this turnkey estate combines immediate proximity to legendary surf breaks with the security of a gated jungle retreat. From a financial perspective, ownership of this Costa Rican property is highly efficient. The annual municipal property tax is exceptionally low, calculated at approximately one-quarter of one percent of the registered cadastral value each year. Buyers should also budget for the standard closing bundle—which encompasses legal fees, notary services, registration, and stamps—typically totaling between two and four percent of the purchase price, alongside a transfer stamp tax of about 1.5 percent of the declared transaction value.
Acquiring this dual-residence Pavones estate is a straightforward process, as Costa Rican law grants foreign buyers the exact same fee simple ownership rights as local citizens. Because this property sits 150 feet above sea level and outside the restricted maritime zone, you receive secure, outright title to the entire five-acre compound. This transaction also positions you for residency eligibility, as the purchase price comfortably exceeds the national investment threshold for residency applications.
From a financial perspective, ongoing ownership is highly cost-effective. The annual property tax is remarkably low, calculated at a quarter of one percent of the property's registered cadastral value. When finalizing the purchase, you should anticipate closing fees—which bundle together notary services, registration fees, legal counsel, and government stamps—to total between two and four percent of the purchase price, alongside a standard property transfer stamp tax of approximately one and a half percent of the declared transaction value.
Review title types and due diligence in our fee simple vs concession guide.
This luxury gated compound spans a generous 17,536 m² of land, elevated 150 feet above sea level to capture sweeping ocean views. The property features two distinct, fully furnished residences totaling 400 m² of construction, offering a versatile five-bedroom and four-bathroom layout. Designed to blend seamlessly with the surrounding Puntarenas jungle, the estate features high-end finishes, open-concept living spaces, and expansive windows that frame the Pacific Ocean. The primary living areas transition to outdoor entertainment zones, centered around a private swimming pool and a spacious terrace.
Located just 200 meters from the shoreline, the estate provides direct access to the beaches of Pavones. From a financial perspective, the USD 1,900,000 purchase price carries an annual property tax rate of approximately 0.25% based on the registered cadastral value. Buyers should also budget for typical closing costs, which generally range from 2% to 4% of the purchase price to cover notary fees, registration, and legal stamps. This fee-simple property represents a rare combination of multi-residence utility, premium coastal views, and immediate proximity to world-class surf.
Situated in the southern region of Puntarenas, Costa Rica, this exceptional five-acre estate in Pavones offers North American buyers a rare opportunity to secure a dual-residence property in one of the most celebrated coastal areas on the Pacific. For those looking to buy property in Costa Rica, this micro-location is highly coveted, sitting 150 feet above sea level and just 200 meters from miles of untouched shoreline. Pavones is globally renowned for hosting one of the longest left-hand point breaks on earth, making this an ideal haven for dedicated surfers, active retirees, and remote professionals. The surrounding landscape of Puntarenas, Costa Rica, provides a pristine, low-density environment where the rainforest meets the ocean, offering a distinct microclimate cooled by steady marine breezes.
For US and Canadian citizens exploring Costa Rica real estate for Americans, the local community delivers a quiet, off-the-grid feel while remaining accessible to essential regional services. This compound, featuring a main house and a secondary guest residence, serves as an excellent vehicle for multi-family living or a high-performing rental investment. Costa Rica homes for Canadians and US buyers represent a stable asset class, as foreign buyers enjoy the security of fee-simple ownership rights identical to those of local citizens.
From a financial perspective, expat real estate Costa Rica remains highly attractive due to favorable carrying costs. The annual municipal property tax is remarkably low, assessed at approximately a quarter of one percent of the property's registered cadastral value. When finalizing a purchase, buyers should anticipate a property transfer stamp tax of about 1.5 percent of the declared transaction value, with the total closing bundle—encompassing notary fees, registry charges, and legal stamps—typically ranging between two and four percent of the purchase price. This investment threshold also positions buyers well within the requirements for the national residency-by-investment program, solidifying this ocean-view compound as a premier choice in the diverse Costa Rican property market.
Explore more about this area on our regional guide page.
This five-acre compound in Pavones presents a versatile asset for buyers targeting the high-end Costa Rican market. With a total construction footprint of 400 square meters split across two distinct residences, the estate is uniquely positioned for a dual-income short-term rental strategy, multi-family occupancy, or a hybrid model where an owner resides in one home while leasing the other. At a purchase price of $1,900,000, the property reflects the premium command of the Puntarenas region, particularly for rare, gated parcels situated just 200 meters from the shoreline.
From a financial perspective, Costa Rica offers a highly favorable holding environment. The annual municipal property tax is exceptionally low, structured at approximately one-quarter of one percent of the registered cadastral value of the land and structures. Buyers should anticipate closing costs—which bundle notary fees, registry charges, and legal stamps—to range between two and four percent of the final purchase price, alongside a property transfer stamp tax of about 1.5 percent of the declared transaction value.
The ideal buyer is an lifestyle investor or surfer looking to secure a foothold near world-class waves before regional inventory diminishes further. With foreign buyers enjoying secure, fee-simple ownership rights identical to citizens, this dual-house estate represents a stable, high-tangibility asset with a clear exit strategy to future premium buyers.
Model rental income for this property with our rental income calculator.
To understand the allure of this Pavones enclave is to appreciate a lifestyle that has fast become the ultimate luxury for the modern, high-achieving global citizen. In a world where true privacy and untouched natural beauty are rapidly vanishing, this Puntarenas sanctuary represents the pinnacle of aspirational coastal living. Here, the daily rhythm is dictated not by demanding schedules, but by the natural rise and fall of the Pacific tides and the gentle rustle of the surrounding jungle canopy. Discerning buyers who seek out this legendary stretch of Costa Rica are looking for more than just a premium real estate investment; they are searching for a profound shift in how they experience the world. This five-acre compound serves as the perfect canvas for that transformation, offering an environment where wellness, adventure, and sophisticated comfort exist in perfect harmony. Imagine waking up to the distant, rhythmic rumble of the surf, stepping out onto your elevated terrace to assess the ocean conditions, and knowing that one of the planet's most iconic point breaks is just a short walk from your front gate. This is a place where you can challenge yourself in the world-class surf by morning, host an al fresco luncheon by your private pool by afternoon, and decompress under a canopy of stars by night.
The acquisition of this dual-residence estate appeals directly to the visionary buyer who values versatility, legacy, and discretion. Whether your goal is to establish a multi-generational family compound where loved ones can gather and create lifelong memories, or to curate an exclusive wellness retreat that capitalizes on Costa Rica’s booming luxury eco-tourism market, this property delivers on every front. The layout respects the need for individual space while fostering a sense of connection, allowing owners to host extended family, friends, or high-end rental clients with absolute ease. Living in Pavones means joining a sophisticated, international community of like-minded individuals who share a deep respect for conservation, surf culture, and a slower, more intentional pace of life. It is an invitation to disconnect from the noise of urban congestion and reconnect with the elements, all while enjoying the modern comforts of a beautifully engineered, fully furnished luxury compound. This is the ultimate expression of the Costa Rican dream—a secure, private, and breathtakingly beautiful estate that honors its pristine tropical surroundings while offering an unparalleled standard of living for those who demand the very best.
San José, Puntarenas
Principal broker

In Costa Rica since 2004