Ocean view
1 / 60This expansive, multi-dwelling estate in Parrita offers an exceptional opportunity for buyers seeking a versatile compound in a highly accessible coastal region. Situated on a generous 7,207 square meters of meticulously landscaped grounds, the property features a total of six bedrooms and five bathrooms distributed across three independent, single-level ranch-style residences. This thoughtful layout ensures absolute privacy for extended families or provides an immediate rental income stream for investors. The homes are connected by paved concrete pathways, with dedicated parking capacity for up to ten vehicles. At the heart of the estate, a pristine swimming pool and an adjacent covered rancho serve as the central hub for outdoor entertainment, surrounded by vibrant tropical flora.
Offered fully furnished at USD 689,000, this 5,081-square-meter construction compound combines peaceful, acreage-style living with superb proximity to local conveniences. Residents are located just one kilometer outside the local town center, placing grocery stores, medical facilities, and restaurants within easy reach. The pristine sands of Playa Bandera are a mere ten-minute drive away, while the regional hub of Quepos is accessible in twenty-five minutes. From an investment perspective, purchasing real estate in Costa Rica grants foreign buyers the security of fee-simple ownership rights. Ongoing ownership costs remain highly manageable, as the annual property tax is calculated directly from the registered cadastral value. Buyers should anticipate standard closing fees, including the property transfer stamp tax and legal registry costs, which typically comprise a small percentage of the final transaction value.
This multi-dwelling estate in Parrita represents a rare combination of scale and accessibility, offered at USD 689000. Spanning a generous land size of 7207 m², the property features a total construction footprint of 5081 m² divided among three independent, fully furnished ranch-style single-level residences. This layout provides six bedrooms and five bathrooms in total, making it ideal for multi-generational families or buyers seeking immediate rental income. Paved concrete driveways connect the homes, providing flat parking spaces for up to ten vehicles.
The outdoor living areas are designed for shared enjoyment, centered around a communal swimming pool and an adjacent rancho pavilion that serves as the primary entertainment hub. The surrounding grounds are professionally landscaped with a diverse selection of tropical plants and vibrant flowers.
From a financial perspective, ownership of this fee-simple property is highly efficient. The annual property tax is calculated directly from the registered cadastral value rather than the market price, keeping ongoing holding costs low. Buyers should plan for standard closing costs, which typically encompass a property transfer stamp tax alongside notary, registry, and legal fees.
This estate is situated in Parrita, Puntarenas, Costa Rica, a region within the Central Pacific zone that has become a highly sought-after Costa Rica market for US and Canadian buyers seeking lifestyle, value, and long-term appreciation potential. Located just one kilometer outside the town center of Parrita, the property balances quiet, acreage-based living with immediate access to essential services. Residents can reach local grocery stores, medical clinics, a hospital, restaurants, coffee shops, hardware stores, and automotive services in just a few minutes. For recreation, the quiet sands of Playa Bandera are a brief ten-minute drive from the estate, while the bustling hub of Quepos and Manuel Antonio is reachable in twenty-five minutes. Additionally, the international airport and urban amenities of San Jose are situated only two hours away, making this an ideal location to buy property in Costa Rica.
The microclimate of Parrita offers a warm, tropical environment where manicured gardens thrive. This compound—comprising a main house and two independent guest casitas—is suited for multi-generational families, remote professionals, or buyers looking for a property for sale Manuel Antonio area. The local community offers a relaxed, rural character while remaining close to the active tourism and beachfront Manuel Antonio Costa Rica has to offer.
For international buyers, Costa Rica permits fee-simple property ownership, meaning foreign nationals enjoy the same ownership rights as citizens. When purchasing this estate, buyers should anticipate a property transfer stamp tax of approximately 1.5% of the declared transaction value, with total closing costs—including notary, registry, and legal fees—typically ranging between 2% and 4% of the purchase price. Ongoing ownership costs are favorable, as the annual property tax is calculated based on the registered cadastral value of the land and structures. Furthermore, the purchase price of this estate meets the threshold for the country's residency-by-investment program, offering an established pathway for those looking to relocate permanently.
Explore more about this area on our regional guide page.
This multi-dwelling compound in Parrita represents a highly strategic entry point into the Central Pacific market, priced at $689,000 for a massive 7,207 square meters of land and 5,081 square meters of total construction. This footprint delivers an exceptionally low cost per square meter of construction compared to the premium rates found in nearby Manuel Antonio and Quepos, which sit just 25 minutes away.
The estate is structured perfectly for a dual-income rental strategy or a multi-generational family compound. An owner can occupy the primary ranch-style home while managing the two independent guest casitas as short-term vacation rentals or stable, long-term leases for expats. The location is highly appealing to renters who want to be ten minutes from Playa Bandera and close to local hospitals and shops, without paying premium beachside lodging rates.
From an investment and legal standpoint, foreign buyers enjoy secure, fee-simple ownership rights identical to those of Costa Rican citizens. Ongoing holding costs are remarkably low, as the annual property tax is calculated based on the registered cadastral value of the estate rather than the retail purchase price. Buyers should budget between two and four percent of the purchase price to cover the comprehensive closing bundle, which includes the notary, registry fees, legal representation, and the standard property transfer stamp tax of approximately 1.5 percent. This price point also positions the buyer well above the minimum threshold required to apply for the country's residency-by-investment program, offering a clear path to long-term residency. With the Central Pacific corridor experiencing steady infrastructure growth, this three-home estate offers an excellent exit strategy, as it can eventually be sold as a turnkey rental business or a private family compound to future North American buyers.
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Acquiring this three-home estate in Parrita is a straightforward process for international buyers, as Costa Rican law grants foreign nationals the same fee simple ownership rights as citizens for inland properties. Because this estate sits outside the restricted maritime zone, you will hold direct, absolute ownership of the entire 7,207-square-meter parcel. With a purchase price of $689,000, this investment comfortably exceeds the financial threshold required to apply for Costa Rican residency-by-investment, offering a clear pathway to legal residency.
During the acquisition, you should anticipate closing costs—which bundle notary fees, registry charges, legal services, and transfer stamps—to total between two and four percent of the purchase price. Once ownership is transferred, your ongoing holding costs remain remarkably low. The annual property tax is calculated as a small fraction of the property's officially registered cadastral value rather than its market price, ensuring that maintaining this multi-dwelling coastal retreat is highly cost-effective over the long term.
Review title types and due diligence in our fee simple vs concession guide.
Embracing the lifestyle of Parrita means immersing yourself in the authentic, unhurried rhythm of Costa Rica’s Central Pacific coast while satisfying your deepest aspirations for a balanced, tropical existence. Imagine waking up to the gentle rustle of palm fronds and the vibrant calls of exotic birds, knowing that your day can be as active or as peaceful as you desire. Here, the dream of coastal living is realized without the crowded tourist corridors, offering a sanctuary where you can truly connect with the local culture and the breathtaking natural environment. Aspiring homeowners often seek a destination that offers both a sense of secluded paradise and seamless connection to modern comforts. This estate delivers precisely that balance, positioning you just moments from the warm, rolling waves of Playa Bandera and the essential conveniences of a welcoming local town. It is a place where your mornings are spent strolling along quiet, sun-drenched beaches and your afternoons are dedicated to relaxing by your private pool, surrounded by lush, manicured gardens that showcase the country's legendary biodiversity. Whether you are looking to establish a multi-generational family legacy where loved ones can gather across three independent residences, or you are an ambitious investor looking to capture the growing demand for authentic Costa Rican travel experiences, this property serves as the ultimate canvas for your future. It represents a rare opportunity to transition from the fast-paced demands of modern life to a soulful, restorative lifestyle where time is measured by the tides and the sunsets, all while remaining within easy reach of the world-class dining, marina facilities, and national park adventures in nearby Quepos and Manuel Antonio.
Principal broker

In Costa Rica since 2004
Principal broker

In Costa Rica since 2004
Parrita, Puntarenas