1 / 22This expansive acreage in Uvita represents a premier development footprint along the Costanera Highway, positioning investors to capture the region's high-end tourism and residential expansion. Priced at USD 799,000, the property spans 59,210 square meters of highly adaptable land, already structured for subdivision into four distinct parcels. The dual commercial and residential zoning unlocks a vast range of development paths, from boutique eco-resorts and luxury vacation villas to premium retail spaces or a private estate compound. Currently, the property features a single-bedroom structure, serving as an initial anchor while you execute a larger architectural vision.
The natural topography delivers sweeping ocean views, providing a dramatic backdrop for future guest accommodations or residential estates. Practical infrastructure is already secured, highlighted by a private concession water well that ensures a reliable, independent supply for large-scale development. Foreign buyers enjoy the security of fee-simple ownership on this parcel, which sits outside the restrictive maritime concession zones. When structuring your acquisition, expect the comprehensive closing bundle—covering notary services, registry filings, and legal fees—to range between two and four percent of the purchase price, alongside a standard property transfer stamp tax of approximately 1.5 percent. Additionally, ongoing ownership costs remain highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the land.
This expansive development land in Uvita spans 59,210 square meters of prime real estate along the Costanera Highway in the Ballena area. Priced at USD 799,000, the property features mixed-use commercial and residential zoning. Investors can subdivide the acreage into four distinct parcels. The terrain is highly suited for a boutique hotel, a collection of vacation villas, retail storefronts, or private residences. A single existing bedroom structure is located on the property.
The land is equipped with a private concession water well, providing a reliable and fully permitted water source for future construction. This infrastructure supports immediate development plans. The property offers ocean views and sits in a high-traffic tourism corridor.
Acquisition costs include a property transfer stamp tax of approximately 1.5% of the declared transaction value. Total closing costs, covering notary fees, registry filings, and legal stamps, generally range from 2% to 4% of the purchase price. Annual property taxes are calculated based on the registered cadastral value of the land. Foreign investors enjoy fee-simple ownership rights for this non-maritime zone property.
This expansive 59,210-square-meter parcel in the Dominical-Uvita region represents a highly strategic acquisition for developers targeting the luxury Costa Rican market. Priced at $799,000, the land is valued at a highly competitive rate of approximately $13.50 per square meter, which sits well below the premium averages typically commanded by ocean-view development tracts in this high-demand corridor. The dual commercial and residential zoning allows for a versatile exit strategy, whether you choose to subdivide the acreage into four distinct luxury parcels, construct a boutique hotel, or develop high-end vacation villas.
The property is uniquely positioned to capture both short-term vacation rental income and long-term capital appreciation as infrastructure in the Ballena area continues to mature. Because Costa Rica permits foreign buyers to secure fee simple ownership, international investors enjoy the same robust property rights as citizens. From a financial perspective, ongoing holding costs are exceptionally low, as the annual property tax is calculated based on the registered cadastral value of the land rather than the market purchase price. Buyers should anticipate standard closing costs, including notary fees, registry fees, and legal stamps, which generally bundle to between two and four percent of the final purchase price, alongside a transfer stamp tax of about 1.5 percent. This is an ideal play for a seasoned developer or a private investor seeking a high-yield land-banking opportunity with immediate development potential.
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Positioned in the southern zone of Puntarenas, Costa Rica, this expansive 59,210-square-meter property occupies a strategic location in Ballena, just minutes from the vibrant coastal hub of Uvita. As the central anchor of the Costa Ballena region, Uvita has evolved into a highly desirable destination for North American buyers seeking to buy property in Costa Rica. This specific micro-location is defined by its dramatic jungle ridgelines, sweeping ocean views, and its proximity to the famous Marino Ballena National Park, a critical sanctuary for migrating humpback whales. Investors looking for real estate Dominical Costa Rica options will find that this parcel offers a perfect balance between raw natural beauty and practical accessibility. The property sits directly along the paved Costanera Highway, providing seamless connectivity to regional airports, local medical clinics, organic markets, and premier surf beaches, while still maintaining the privacy and elevation required for sweeping ocean views.
The local community in Uvita, Puntarenas, Costa Rica, is a thriving, wellness-oriented expat enclave that attracts remote workers, retirees, and eco-conscious investors alike. This unique demographic fuels a constant demand for high-end boutique lodging, wellness retreats, and upscale residential rentals. Because the land features dual commercial and residential zoning, it is uniquely suited for a multi-phase development, such as a boutique eco-resort paired with private guest casitas and a primary estate. Acquiring this property Uvita offers a secure entry into the local market, where foreign buyers enjoy the same fee-simple ownership rights as citizens for non-concession land. From a financial perspective, ownership of Costa Ballena homes is supported by a favorable tax structure. The annual property tax is calculated based on the registered cadastral value of the land, keeping ongoing carrying costs highly manageable. During the acquisition process, buyers should plan for standard closing fees, which encompass notary services, registry filings, and legal stamps, typically totaling 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. This acreage represents a rare, scalable investment in one of the most celebrated microclimates in Central America.
Explore more about this area on our regional guide page.
Acquiring this development land along the Costanera Highway in Ballena is a straightforward process for international buyers. In Costa Rica, foreign investors enjoy the same fee-simple ownership rights as citizens when purchasing property outside of restricted maritime zones. Because this parcel is situated away from the immediate shoreline, you can hold the title directly in your own name or through a local corporation.
At a purchase price of $799,000, this investment comfortably exceeds the minimum threshold required to qualify for Costa Rica’s residency-by-investment program, offering an accessible pathway to legal residency. During the acquisition, buyers should anticipate closing expenses—including notary fees, registration, and legal stamps—to total between two and four percent of the purchase price, with the property transfer stamp tax specifically accounting for approximately one and a half percent of the declared transaction value. Once owned, the ongoing holding costs remain highly manageable, as the annual property tax is calculated using a low rate applied directly to the registered cadastral value of the land rather than the market purchase price.
Review title types and due diligence in our fee simple vs concession guide.
Living in the Ballena corridor near Uvita is an invitation to align your daily rhythm with the natural cadence of the Southern Zone, where the rainforest meets the Pacific Ocean in a dramatic display of raw beauty. This region has evolved into a sanctuary for global citizens who seek a sophisticated yet unpretentious lifestyle, balancing wellness, adventure, and modern connectivity. Here, your mornings begin with the calls of scarlet macaws and the soothing sound of distant surf, while your afternoons are spent exploring the world-famous Marino Ballena National Park or enjoying farm-to-table dining in the thriving local culinary scene. The local community is a vibrant tapestry of international expatriates, creative entrepreneurs, and conservation-minded individuals who value sustainability and mindful living. Owning a piece of this tropical paradise is not just an acquisition of land; it is the realization of a long-held aspiration to step away from the frantic pace of traditional metropolitan life and step into a world of purposeful luxury. Whether your vision is to build a private sanctuary where multiple generations of your family can gather, or to establish a world-class eco-resort that serves as a beacon for wellness travelers, this location provides the ultimate canvas. The aspirational appeal of Uvita lies in its rare ability to feel entirely remote and untouched while offering high-speed fiber-optic internet, premium organic markets, and excellent bilingual schools just minutes away. This unique balance ensures that your investment supports a lifestyle of ease, inspiration, and profound connection to nature, fulfilling the ultimate dream of tropical estate ownership in Costa Rica.
Uvita, Puntarenas
Uvita, Puntarenas
Principal broker
In Costa Rica since 2004
