1 / 15This premier development land in the Altos de Leona Mar neighborhood of Punta Leona represents a rare opportunity to acquire 61,557 m² of prime coastal real estate. Priced at USD 1,999,000, this expansive tract of land is situated within a highly secure, twenty-four-hour gated community, offering an exceptional canvas for a luxury residential project. The property features three existing bedrooms integrated into its current layout, providing an immediate structural footprint amid the lush tropical surroundings. Breathtaking ocean vistas stretch across the horizon, while a beautifully maintained brick paver road ensures smooth, reliable access to the site.
The topography of this fifteen-acre parcel is ideally suited for high-end development, characterized by elevated vantage points that maximize the dramatic marine views. Future residents or guests will enjoy the ultimate coastal luxury: direct access to a secluded private beach cove, a highly coveted amenity that significantly enhances the long-term appreciation of the estate. Regarding ownership logistics, foreign buyers enjoy the security of fee simple ownership rights, which are fully protected under Costa Rican law. Ongoing holding costs are highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the land. When finalizing the acquisition, buyers should plan for a standard closing bundle—covering notary services, registry filings, legal fees, and stamps—which typically totals between two and four percent of the final purchase price, alongside a property transfer stamp tax that generally requires about one and a half percent of the declared transaction value.
Securing this premium development parcel in Altos de Leona Mar involves a straightforward, highly secure legal process. Located outside of restricted maritime concession zones, this property is held under fee simple title, granting international buyers the exact same property ownership rights as local Costa Rican nationals. Because the acquisition price exceeds the country's investment threshold, purchasing this land also positions you for residency eligibility through the national investment program.
During the transaction, you can expect closing costs—which bundle notary fees, registry charges, legal services, and transfer stamps—to range between two and four percent of the purchase price. Additionally, the property transfer stamp tax typically accounts for about one and a half percent of the declared transaction value. Once the purchase is complete, your ongoing carrying costs remain highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the land rather than its market price. This favorable tax structure ensures your long-term holding costs for these fifteen acres remain exceptionally efficient.
Review title types and due diligence in our fee simple vs concession guide.
This premium development land spans 61,557 m² of prime coastal acreage within the secure gates of the Altos de Leona Mar neighborhood in Punta Leona. Priced at USD 1,999,000, this expansive parcel features an existing structure with 3 bedrooms, though the primary value lies in the exceptional topography and sweeping ocean vistas. Access to the building sites is already established via a professionally maintained brick paver road, ensuring smooth transit throughout the acreage.
The property is fully permitted and entitled for development, making it an ideal canvas for a luxury compound or private estate. Residents will enjoy direct access to a secluded private beach cove, a rare coastal amenity that enhances the long-term value of the holding.
From a purchasing perspective, foreign buyers enjoy secure fee-simple ownership rights. The annual property tax is calculated directly from the registered cadastral value of the land. Buyers should plan for standard closing costs, which typically 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.
Situated within the highly desirable Altos de Leona Mar neighborhood of Punta Leona, this premier development land offers an exceptional micro-location that combines absolute privacy with convenient access to the central Pacific coast. Positioned in the vibrant Puntarenas province, this fifteen-acre parcel sits just a short drive from the bustling hub of Jaco, allowing future residents to enjoy a peaceful coastal sanctuary while remaining close to modern conveniences, dining, and professional services. For international buyers looking to buy property in Costa Rica, this specific region is highly sought after due to its proximity to San Jose and the international airport, making it an ideal choice for a luxury residential project, a private family compound, or an investment property.
The local climate is characterized by warm, tropical days and refreshing ocean breezes, enabling an active outdoor lifestyle centered around the water. Residents can spend their days exploring the secluded private beach cove accessible directly from the property, or venture out to nearby surf breaks and marinas in the wider Jaco and Los Suenos area. When evaluating Playa Hermosa homes for sale or real estate Jaco Costa Rica, sophisticated investors recognize that the Puntarenas region represents a diverse and stable market with excellent long-term appreciation potential.
From an investment perspective, acquiring this property is straightforward, as foreign buyers enjoy the same fee-simple ownership rights as Costa Rican citizens for registered titled land. When purchasing this development site, buyers should anticipate standard closing costs, which typically encompass notary fees, registry charges, and legal stamps that average between two and four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent. Additionally, ongoing ownership costs are highly manageable, with annual property taxes calculated directly from the registered cadastral value of the land rather than inflated market rates. This favorable tax structure, combined with the security of a 24/7 gated community, makes this unique parcel one of the most compelling opportunities for anyone seeking premium beach property Jaco has to offer.
Explore more about this area on our regional guide page.
At a purchase price of $1,999,000 for 61,557 square meters of prime coastal land, this development opportunity in the exclusive Altos de Leona Mar neighborhood of Punta Leona positions investors at an incredibly competitive entry point of approximately $32 per square meter. This pricing sits well below the averages typically commanded by premium, fully permitted ocean-view parcels in the broader Jaco and Los Suenos corridor. The expansive 15-acre footprint allows a developer to capitalize on the region's high demand for luxury inventory, whether through a phased subdivision of premium ocean-view home sites or a master-planned enclave of private villas.
The ideal buyer is a seasoned developer or a high-net-worth syndicate looking to leverage Costa Rica's robust tourism and foreign investment climate. Capitalizing on fee-simple ownership rights guaranteed to international buyers, an investor can structure an exit strategy focused on selling individual high-end parcels or completed luxury residences to North Americans seeking residency-by-investment.
From a holding-cost perspective, the financial structure is highly favorable. Ongoing carrying costs are minimized because the annual property tax is calculated based on the registered cadastral value of the land, which is historically conservative compared to market valuation. During the acquisition phase, buyers should budget for standard closing costs, which typically encompass a property transfer stamp tax of approximately 1.5% of the declared transaction value, alongside a comprehensive closing bundle of notary, registry, and legal fees that generally ranges between 2% and 4% of the purchase price. Securing a fully permitted tract of this scale within a secured, gated community with private beach cove access represents a timely play in a market where titled, development-ready ocean-front land is rapidly disappearing.
Model rental income for this property with our rental income calculator.
Embracing the coastal lifestyle of Puntarenas means immersing oneself in a world where raw tropical beauty meets sophisticated modern living. For the discerning buyer, this unique region of Costa Rica represents the ultimate convergence of natural luxury and peaceful seclusion. Imagine waking up to the gentle murmur of the Pacific Ocean, surrounded by lush rainforest canopies that host vibrant scarlet macaws and playful capuchin monkeys. The aspiration of owning a piece of this paradise goes beyond simple real estate acquisition; it is about securing a legacy of wellness, adventure, and unparalleled privacy. Residents here enjoy a seamless transition from high-powered global business to barefoot elegance on pristine, sun-drenched beaches. The nearby waters offer world-class sportfishing and yachting opportunities, while the surrounding landscape invites exploration, from hidden waterfalls to scenic coastal trails. This location caters perfectly to the visionary investor or homeowner who demands an uncompromising quality of life, where the days are measured by the rise and fall of the tide and the brilliant hues of the evening sunset. Investing in this prestigious enclave is not merely a financial decision, but a commitment to a life of elevated serenity, where the rich biodiversity of the Central Pacific coast becomes the backdrop to your daily routine, and the promise of a private, secure sanctuary is fully realized.
Jacó, Puntarenas
Jacó, Puntarenas
Principal broker
In Costa Rica since 2004
