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  3. Prime 5.9-Acre Commercial Development Land in Downtown Uvita with Costanera Highway Frontage
Prime 5.9-Acre Commercial Development Land in Downtown Uvita with Costanera Highway Frontage — view 1, Dominical, Costa Rica1 / 32

Prime 5.9-Acre Commercial Development Land in Downtown Uvita with Costanera Highway Frontage

Dominical · Puntarenas

Dominical / Uvita

24,020 m²Built area
24,020 m²Land size
$4,203,000

Description

On this page

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

The Property

Positioned directly in the beating heart of Bahia Ballena, this expansive 5.9-acre (24,020-square-meter) commercial parcel represents the pinnacle of investment potential along the southern Pacific coast. Imagine owning the premier gateway to Uvita, a rapidly expanding coastal hub where the vibrant energy of the jungle meets sophisticated development. This entirely flat, highly usable tract of land commands an unbeatable presence with dual public road frontages, including direct, high-visibility exposure along the bustling Costanera Sur (Highway 34). The sheer scale of this level terrain provides an open canvas for visionary developers, offering unlimited space for expansive construction footprints, luxury retail, or extensive guest parking.

The strategic location places your future venture at the epicenter of regional commerce and tourism. Within a brief two-minute drive, your clients and guests can access essential amenities, including the BM Supermarket, Banco Nacional, a local gas station, and popular culinary hotspots like SIBU and Aroma a Café. Furthermore, the property sits a mere five minutes from the venue of the world-renowned Envision Festival, which draws thousands of affluent international travelers to the area annually. Serving as the primary commercial anchor for the neighboring communities of Dominical and Ojochal, this $4,203,000 landmark property offers unparalleled capital appreciation and a rare chance to shape the skyline of Costa Rica's most promising coastal destination.

Property Details

This expansive commercial parcel spans 24,020 square meters of entirely flat topography, presenting an exceptional canvas for high-yield development. Positioned directly along the Costanera Sur (Highway 34), the property boasts premier visibility and dual access points from public roads. The level terrain is highly versatile, providing a blank slate that easily accommodates extensive construction footprints alongside generous surface parking.

Situated in the heart of Uvita's rapidly expanding commercial core, the location ensures immediate proximity to the region's primary services. Essential amenities—including the BM Supermarket, Banco Nacional, a local gas station, and popular dining spots like SIBU and Aroma a Café—are all reachable within a two-minute drive.

Furthermore, the property is strategically positioned just five minutes from the venue of the annual Envision Festival, which draws thousands of international visitors to the area. This prime positioning within a booming hub that services Dominical, Ojochal, and the wider coastal region makes it a premier vehicle for long-term capital appreciation and commercial enterprise.

Life in Puntarenas, Costa Rica

Positioned in the heart of the southern Pacific zone, this premier location offers an unparalleled opportunity to buy property in Costa Rica’s most dynamic growth corridor. Situated in the vibrant canton of Puntarenas, Costa Rica, the property sits at the epicenter of the Costa Ballena region, a spectacular stretch of coastline renowned for its dramatic rainforest-to-ocean topography and high-end tourism. While many buyers seek out traditional real estate Dominical Costa Rica offers, the nearby commercial hub of Uvita has emerged as the true economic engine of the region, seamlessly servicing the affluent residential enclaves of both Dominical to the north and Ojochal to the south. This strategic positioning makes the parcel a standout choice for visionary investors seeking to capitalize on the country's booming eco-luxury and commercial sectors.

The lifestyle here perfectly balances raw tropical beauty with modern, everyday convenience. Residents and visitors can spend their mornings enjoying world-class surf or exploring pristine beaches, and their afternoons accessing premium amenities just moments away. This flat, highly accessible parcel is situated directly on the Costanera Sur (Highway 34), placing it within a two-minute drive of essential services including the BM Supermercado, Banco Nacional, a local gas station, and popular regional gathering spots like SIBU and Aroma a Café. Furthermore, the property is located just a five-minute drive from the grounds of the world-famous Envision Festival, an annual international event that draws thousands of high-spending global travelers to the area. For those looking to develop premium commercial spaces, boutique hospitality, or mixed-use projects, these Costa Ballena homes and commercial hubs represent the pinnacle of convenience. As part of the broader, highly sought-after Puntarenas province, this location combines the laid-back charm of a tropical paradise with the robust infrastructure required for successful remote work, retirement living, or high-yield commercial investment.

Explore more about this area on our regional guide page.

Investment Potential

Acquiring this premier 24,020-square-meter commercial parcel in the heart of Uvita positions sophisticated investors to capitalize on the region's rapid transformation into a primary economic hub. Priced at $4,203,000, the land trades at approximately $175 per square meter. This represents an exceptionally competitive valuation for flat, highly usable acreage with direct frontage on the Costanera Sur highway and dual public road access points. The ideal buyer profile spans institutional developers, hospitality brands, and commercial syndicates aiming to capture the region's surging demand for retail, dining, and premium services.

While short-term rental yields are not guaranteed, the property's proximity to major regional draws—including the massive annual Envision Festival just five minutes away—creates a highly lucrative environment for seasonal commercial leasing or mixed-use hospitality ventures. Long-term commercial leases to national tenants, banks, or supermarkets present a highly stable alternative. Costa Rica's southern coast is experiencing a powerful wave of infrastructure development, making this a timely entry point to secure a legacy asset before inventory of this scale is completely exhausted. A highly viable exit strategy includes subdividing the expansive acreage into smaller commercial pads or developing a high-density retail plaza to sell to institutional real estate funds seeking stabilized, yield-producing assets.

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

Ownership & Legal

Purchasing prime commercial land in Costa Rica is a straightforward process for international buyers, who enjoy the exact same constitutional ownership rights as local citizens. This expansive development property is located outside the restricted maritime zone, meaning it can be held under secure Fee Simple title, the highest form of property ownership in the country.

When planning your acquisition, you should budget approximately 2% to 4% of the purchase price to cover standard closing costs, which include notary fees, registration fees, and transfer taxes. Ongoing holding costs are remarkably low, with the annual municipal property tax rate set at just 0.25% of the registered value. Additionally, because the purchase price of this commercial tract far exceeds the $150,000 threshold, your investment automatically qualifies you and your immediate family to apply for Costa Rican residency under the investor visa category, securing both a high-yield asset and a pathway to a tropical lifestyle.

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

More About Puntarenas, Costa Rica

To understand the true magnitude of this investment, one must look beyond the physical boundaries of the soil and appreciate the extraordinary lifestyle and aspirational narrative that defines this specific region of Puntarenas, Costa Rica. This is not merely a transaction involving prime acreage; it is an entry point into a highly coveted, globally recognized coastal lifestyle where the untamed beauty of the South Pacific meets a sophisticated, rapidly growing international community. For the visionary investor, acquiring a landmark commercial footprint in the absolute center of Uvita represents the ultimate realization of a legacy portfolio. It is an opportunity to shape the future aesthetic and economic heartbeat of a region that has captured the imagination of high-net-worth individuals, eco-conscious entrepreneurs, and affluent expatriates from every corner of the globe. The lifestyle here is defined by a seamless integration of natural luxury and modern convenience, where pristine rainforests cascade down to meet dramatic coastlines, and where the daily rhythm is dictated by the tides, the sunsets, and the pursuit of a more meaningful, balanced existence.

This unique cultural and geographic landscape has created a highly aspirational market dynamic. The modern consumer, traveler, and resident in the Dominical, Uvita, and Ojochal corridor is no longer satisfied with standard commercial offerings; they demand spaces that reflect their values of sustainability, architectural beauty, and community connection. By developing this expansive, flat parcel, you are positioning your brand at the very nexus of this cultural shift. Imagine creating a world-class destination that serves as the social and commercial anchor for the entire region—a place where locals, expatriates, and tourists gather to experience the very best that Costa Rica has to offer. Whether your vision involves an upscale lifestyle center that blends high-end retail with open-air dining, or a state-of-the-art wellness and commercial hub, this property provides the blank canvas necessary to execute a project of unprecedented scale and sophistication. The sheer prestige of owning the most prominent commercial site along the Costanera Sur highway elevates your investment portfolio, signaling to the market that you are a key architect of the region’s prosperous future.

Furthermore, the investment appeal is deeply enhanced by the annual influx of global travelers who descend upon this coastal paradise, seeking the transformative experiences that have made this region famous. This consistent, high-value demographic ensures that any commercial venture established here will benefit from a diverse, affluent, and highly captive audience year-round. For the discerning buyer, this development land represents the perfect alignment of personal aspiration and financial prudence. It offers the rare chance to secure a dominant market position in one of the most economically dynamic and visually spectacular regions of Central America, allowing you to build a lasting legacy that will generate substantial capital appreciation and robust yields for generations to come. This is your invitation to transcend the ordinary and establish a defining presence in the crown jewel of Costa Rica's southern coast.

Frequently Asked Questions

Yes, foreigners enjoy the exact same constitutional rights as Costa Rican citizens when it comes to purchasing and owning real estate. You can hold the title to this Uvita commercial land directly in your own name or, as is highly recommended for tax and liability purposes, through a newly formed Costa Rican corporation.

Dominical, Puntarenas

Property details

Price
$4,203,000
Property type
Development Land
Region
Dominical / Uvita
Land size
24,020 m²
Built area
24,020 m²
Reference
GCI-MLS#1854

Location

Dominical, Puntarenas

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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$4,203,000

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Principal broker

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Buying Property in Costa Rica as a Foreigner

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