Ocean view
1 / 7This premier development parcel in Esterillos, within the Parrita canton of Puntarenas, represents a rare institutional-grade acquisition on the central Pacific coast. Priced at USD 16500000, the expansive 200000 m² property sits directly on the pristine sands of Esterillos Este Beach, positioned just twenty minutes south of the bustling hub of Jaco Beach. The massive footprint is fully prepared for immediate construction, designed to accommodate a master-planned condominium community featuring a total of 330 individual lots. The seller delivers this oceanfront tract fully permitted and ready for immediate infrastructure deployment, eliminating the bureaucratic delays typically associated with large-scale coastal developments.
For international investors, Costa Rica permits straightforward fee-simple land ownership, though coastal developments of this scale require careful navigation of maritime concession zones. This specific tract is structured to maximize value under local development laws. Buyers should anticipate standard closing costs, which generally encompass a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a comprehensive closing bundle covering notary, registry, and legal fees that typically ranges from 2% to 4% of the purchase price. Annual property taxes are calculated directly from the registered cadastral value. This shovel-ready acreage offers an unparalleled canvas for a landmark residential or resort community in a highly sought-after beachfront district.
This expansive development tract in the Esterillos district of the Parrita canton is priced at USD 16,500,000 and spans exactly 200,000 m² of prime coastal land. Positioned directly on the beachfront of Esterillos Este, the property is engineered for a master-planned residential community. The seller delivers the entire parcel fully permitted and ready for immediate construction, with the master plan already subdivided into 330 individual condominium lots.
Because the land is zoned for a condominium structure, buyers benefit from clear title registration. In Costa Rica, foreign investors enjoy the same fee-simple ownership rights as citizens for registered property outside of restricted maritime concession zones. Buyers should plan for standard closing costs, which typically encompass a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a comprehensive legal and notary bundle ranging from 2% to 4% of the purchase price. Ongoing holding costs include an annual property tax calculated directly from the registered cadastral value. This shovel-ready acreage represents a rare, fully authorized development pipeline on the Central Pacific coast.
This 20-hectare development tract in Playa Esterillos represents a strategic acquisition for institutional developers, hospitality brands, or private equity syndicates seeking a shovel-ready project. Priced at $16,500,000, the acquisition cost translates to $82.50 per square meter. This is a competitive entry point for premium, titled beachfront-adjacent acreage in the Central Pacific region, especially when compared to the higher-priced, saturated markets of nearby Jaco or Manuel Antonio.
The master plan is designed for a high-density condominium development featuring 330 individual lots. This structure allows the incoming buyer to execute a highly flexible exit strategy, whether that involves building out a luxury gated community, selling off individual subdivided parcels, or establishing a branded resort. The seller will deliver the property with active construction permits, significantly reducing the standard regulatory lead times that typically delay Costa Rican developments.
From a legal perspective, Costa Rica permits foreign buyers to hold fee simple ownership of real estate, providing secure title registration outside of the restricted maritime concession zones. Buyers should anticipate standard closing costs, which include a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside notary, registry, and legal fees that typically bundle into 2% to 4% of the final purchase price. Ongoing holding costs are highly manageable, as annual property taxes are calculated directly from the registered cadastral value. With the Central Pacific corridor experiencing sustained demand from North American buyers, this fully permitted 200,000-square-meter parcel offers an immediate path to development in an appreciating coastal market.
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This premium development acreage is situated in Esterillos, Parrita, Puntarenas, Costa Rica, a highly desirable micro-location along the Central Pacific coast. Positioned just twenty minutes south of the bustling hub of Jaco Beach, this location offers an ideal balance of serene coastal living and immediate access to modern conveniences. North American buyers looking to buy property in Costa Rica will find that this region delivers the perfect infrastructure for a master-planned residential community. The property sits on the pristine shores of Esterillos Este Beach, a stretch of coastline celebrated for its expansive sandy shores and tranquil atmosphere. This strategic positioning places future residents within easy driving distance of the comprehensive medical facilities, international dining, and vibrant nightlife of Jaco, while maintaining the peaceful, natural character of the Parrita canton.
The Central Pacific region, encompassing Jaco, Playa Hermosa, and Esterillos, represents one of the most sought-after investment corridors for US and Canadian buyers seeking long-term appreciation. This specific tract of land spans 20 hectares, or 200,000 square meters, and is fully prepared for a condominium development of 330 individual lots. For developers analyzing Playa Hermosa homes for sale or looking to compete with beach property Jaco, this site offers a rare, shovel-ready opportunity. The seller delivers the property with all necessary construction permits in place, streamlining the transition from acquisition to active building.
From an investment perspective, Costa Rica offers a highly favorable legal framework for international buyers. Foreign investors enjoy the security of fee-simple ownership rights, which are identical to those held by Costa Rican citizens, ensuring that your real estate Jaco Costa Rica investment is fully protected. While maritime and concession zones along the coast operate under distinct regulatory frameworks, fee-simple title registration provides robust security for inland and registered condominium parcels. Buyers should plan for standard transaction costs, which include a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a comprehensive closing bundle covering notary, registry, and legal fees that typically ranges from 2% to 4% of the purchase price. Additionally, annual property taxes are calculated based on the registered cadastral value of the land. This massive 20-hectare parcel in Esterillos, Parrita, Puntarenas, Costa Rica, represents an unrivaled development asset in a market characterized by high demand and sophisticated coastal infrastructure.
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Acquiring this premier development property in Esterillos Este is a highly secure transaction for international investors. Under Costa Rican law, foreign buyers enjoy the exact same ownership rights as local citizens, allowing you to hold this twenty-hectare parcel with fee simple title. Because this massive tract sits right on the coast, any portions near the shoreline typically operate under concession rules within the maritime zone, which are fully recognized and protected by the government.
Purchasing this property at the sixteen-point-five million dollar mark easily surpasses the financial threshold required to qualify the investor for official residency in Costa Rica. During the acquisition process, you should anticipate closing costs—covering legal fees, notary services, registration, and transfer stamps—to total between two and four percent of the transaction value. Once the purchase is complete, the ongoing holding costs are remarkably low, as the annual municipal property tax is calculated as a tiny fraction of the registered cadastral value.
Review title types and due diligence in our fee simple vs concession guide.
The promise of Esterillos Este is not merely about acquiring prime oceanfront acreage; it is about curating an aspirational lifestyle that captures the very essence of Costa Rica’s celebrated "Pura Vida" philosophy. For the discerning global buyer, this twenty-hectare coastal canvas represents the ultimate fusion of untouched natural splendor and sophisticated modern living. Imagine a daily routine dictated only by the rhythm of the Pacific tides, where mornings begin with a barefoot stroll along miles of soft, cinnamon-colored sand, and afternoons are spent watching scarlet macaws glide gracefully through the canopy of towering palm trees. This is a place where the air is clean, the ocean breeze is constant, and the horizon stretches endlessly into the sunset. Future residents of this master-planned community will not just be buying a home; they will be securing a sanctuary from the frantic pace of modern life, stepping into a world where wellness, adventure, and tranquility coexist in perfect harmony.
For the visionary developer, the true value of this location lies in its ability to fulfill the deep-seated aspirations of high-net-worth buyers seeking an authentic yet accessible tropical escape. Positioned just twenty minutes south of the energetic dining, shopping, and nightlife of Jaco Beach, Esterillos Este offers a peaceful, low-density alternative without sacrificing convenience. It appeals directly to the growing demographic of eco-conscious luxury travelers, remote executives, and active retirees who demand immediate, private beach access alongside world-class infrastructure. This pristine stretch of the Central Pacific coast is famous for its consistent surf breaks, dramatic coastal geography, and warm, swimmable waters. By developing this exceptional parcel, you are positioning your project at the forefront of the region’s luxury real estate evolution, offering future homeowners an unparalleled coastal lifestyle that is increasingly rare to find on a global scale.
Esterillos, Parrita, Puntarenas
Principal broker

In Costa Rica since 2004