
1 / 15Positioned in the high-traffic commercial corridor of downtown Jaco, within the Garabito canton, this premier commercial asset presents a rare acquisition opportunity for sophisticated investors seeking immediate cash flow paired with long-term capital appreciation. Listed at USD 1,450,000, the property spans a generous land size of 1,152.99 square meters of highly valuable downtown real estate. The single-story commercial building is currently configured into nine separate commercial units, establishing a diversified rental income stream from a variety of retail, office, and service-based tenants. This strategic layout maximizes tenant flexibility and ensures steady pedestrian foot traffic, enhanced by its prime location directly across from another major main street commercial hub and just a short walk from the Pacific shoreline.
Beyond its current high-performing footprint, the true value of this Garabito property lies in its exceptional vertical expansion potential. The existing structure is engineered to support upward construction, allowing a forward-thinking developer to build additional stories. This vertical capacity offers the potential to significantly increase the usable square footage, introduce modern office suites, or establish a premium mixed-use development, subject to local zoning approvals. For North American buyers, Costa Rica permits straightforward fee-simple ownership for foreign investors. When structuring the acquisition, buyers should account for a closing bundle—encompassing notary, registry, and legal fees—which typically totals between two and four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Ongoing holding costs are highly favorable, as the annual property tax is calculated based on the registered cadastral value of the estate rather than the market purchase price, securing this as a highly efficient vehicle for international capital.
Acquiring this prime commercial asset in downtown Jacó is a straightforward process for international buyers, as Costa Rican law grants foreign investors the exact same fee-simple ownership rights as local citizens. Because this property sits outside the restricted maritime zone, you will hold absolute, fee-simple title to both the 1,152.99-square-meter land parcel and the commercial structure.
With a purchase price of $1,450,000, this transaction comfortably exceeds the financial threshold required to apply for Costa Rica’s investor residency program, offering a clear path to legal residency for you and your immediate family.
During the acquisition, you should budget for closing costs—which cover notary services, registration fees, legal representation, and municipal stamps—typically totaling between two and four percent of the purchase price. This includes a property transfer stamp tax, which generally equates to about 1.5 percent of the declared transaction value. Ongoing ownership expenses remain highly competitive; your annual municipal property tax is calculated directly from the registered cadastral value of the property, ensuring predictable, low-overhead holding costs for your commercial portfolio.
Review title types and due diligence in our fee simple vs concession guide.
This commercial asset in the Garabito canton of Puntarenas represents a premier acquisition in the heart of Jaco. Priced at USD 1450000, the property spans a generous land size of 1152.99 m² and features a robust, single-story commercial building designed for immediate income generation. The existing structure is divided into nine separate commercial units, which currently support a diverse mix of retail, office, and service-based tenants. Built with structural integrity in mind, the current design allows for vertical expansion. This structural capability provides investors with the unique opportunity to build upward, adding valuable square footage for additional commercial spaces, offices, or mixed-use concepts.
The outdoor footprint maximizes the high-traffic location, offering excellent visibility and pedestrian access along Jaco's primary commercial corridor. The layout ensures easy movement for clients visiting the various businesses, with the beach located just a short walk away. From an investment perspective, foreign buyers enjoy the security of fee-simple ownership. Ongoing holding costs are highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the land. Buyers should also budget for standard closing costs, which typically encompass notary fees, registry charges, and legal stamps.
Acquiring prime commercial real estate Jaco Costa Rica positions investors in one of the most dynamic economic hubs in the Central Pacific region. Situated in the Canton of Garabito, within the province of Puntarenas, Costa Rica, this high-traffic location offers a unique microclimate where coastal energy meets robust commercial activity. Investors looking to buy property in Costa Rica will find that this bustling beach town provides a highly accessible alternative to remote rural markets, as it sits within a comfortable driving distance of the Juan Santamaría International Airport in Alajuela and the comprehensive medical facilities of the capital area. The local community character is defined by a thriving mix of international expatriates, surf enthusiasts, and domestic tourists, creating a consistent year-round demand for retail, dining, and professional services.
This specific property on a 1,152.99-square-meter lot is situated directly in the high-traffic commercial corridor of downtown Jacó, placing it steps from established banks, local restaurants, and essential tourism services. The close proximity to the shoreline allows businesses to capture foot traffic from beachgoers, making it a highly desirable address for tenants. Beyond the immediate town center, the area connects seamlessly to nearby coastal destinations, expanding the regional appeal for those researching Playa Hermosa homes for sale or looking to diversify their portfolios in Garabito.
For foreign buyers, Costa Rica offers fee-simple ownership rights for titled land outside of the maritime concession zones, making this downtown commercial asset a secure addition to an international portfolio. When purchasing this beach property Jaco, buyers should anticipate a closing bundle covering notary, registry, and legal fees that typically ranges from two to four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Additionally, ongoing ownership expenses are managed through an annual property tax calculated directly from the registered cadastral value of the estate, ensuring a clear and structured path for long-term commercial investment.
Explore more about this area on our regional guide page.
Acquiring this commercial asset in downtown Jacó offers a strategic entry point into one of Costa Rica's most heavily trafficked coastal corridors. Priced at $1,450,000 for a substantial 1,152.99 square meter lot, the property positions investors well below the premium pricing often seen in neighboring master-planned communities, delivering a highly competitive cost per square meter for prime commercial land. The existing single-story structure is divided into nine separate commercial units, allowing owners to mitigate risk through diversified short-term or long-term commercial leases. The ideal buyer is a sophisticated developer or portfolio investor looking to capitalize on the vertical expansion potential, as the current structure supports upward development to maximize square footage for mixed-use or expanded retail concepts.
From a regulatory perspective, foreign buyers enjoy the security of fee-simple ownership, which is fully permitted for this titled property outside of the restricted maritime concession zones. Ongoing holding costs are highly favorable, as the annual property tax is calculated based on the registered cadastral value of the land and structure, rather than the full market purchase price. Transaction costs are predictable, with property transfer stamp taxes typically averaging around 1.5% of the declared value, and the comprehensive closing bundle—covering notary, registry, legal fees, and stamps—generally ranging between 2% and 4% of the purchase price. This asset represents a timely acquisition in a mature tourism hub, offering a clear exit strategy centered on redeveloping the site into a multi-level commercial landmark or selling the stabilized, multi-tenant income stream to institutional buyers.
Model rental income for this property with our rental income calculator.
To own a premier commercial asset in the heart of Jaco, Garabito, is to position your capital at the absolute epicenter of Costa Rica's most dynamic coastal economy. This vibrant surf town has evolved from a legendary seaside escape into a sophisticated, year-round international hub where lifestyle and commerce fuse seamlessly. For the visionary investor, this location represents more than just a real estate transaction; it is an entry point into a coveted lifestyle where business meetings happen steps from the sand and deals are finalized against the backdrop of the Pacific Ocean. The modern buyer seeks a legacy asset that captures the relentless energy of a booming tourist destination while offering the stability of a mature, high-traffic commercial corridor. Here, the constant flow of international visitors, affluent expatriates, and local residents creates an evergreen demand for retail, dining, and professional services, ensuring that your investment remains a vital part of the community's daily rhythm. Walking through this bustling downtown, with the ocean breeze rustling the palms just a short stroll away, the potential of this expansive lot becomes undeniable. It is a place where lifestyle aspirations meet pragmatic financial growth, allowing you to build a portfolio that thrives on the unique, high-energy coastal momentum of Puntarenas, all while enjoying the incomparable quality of life that only Costa Rica can deliver.
Jaco, Garabito, Puntarenas
Garabito, Puntarenas
Principal broker

In Costa Rica since 2004