1 / 13Imagine waking to the gentle rhythm of the Pacific, just a short stroll from the pristine shores of Marino Ballena National Park. This exceptional multi-family property in Uvita offers a unique opportunity to embrace the quintessential Costa Rican lifestyle while generating immediate income. Spanning 876.64 square meters, the estate features three distinct apartments, providing four bedrooms and three bathrooms across the entire layout. Each unit is perfectly suited for short-term vacationers or long-term residents, ensuring a steady revenue stream from day one. Beyond the residential quarters, a versatile open space presents a blank canvas for your entrepreneurial dreams, whether you envision a charming café, a vibrant restaurant, or a personalized project. The expansive rear of the property holds further potential, offering ample room for additional construction, such as another home, more rental units, or a lush tropical garden. While some cosmetic updates will enhance its allure, this property is an investor’s dream, priced at USD 399,000, allowing you to infuse your vision and significantly increase its long-term value. This is more than a purchase; it’s an investment in a tranquil, sought-after location where the allure of the ocean is always within reach.
Q: What is the total number of bedrooms and bathrooms on the property? A: The property features a total of 4 bedrooms and 3 bathrooms across its three apartments.
Q: How large is the land area included with this property? A: The land area measures 876.64 square meters.
Q: What is the asking price for this property? A: The property is listed at USD 399,000.
Q: Is the property close to the beach? A: Yes, it is located just 500 meters from Marino Ballena National Park, offering convenient walking access to the beach.
Q: What kind of potential does the property offer for additional development? A: The spacious area at the back of the property provides room for building an additional home, adding more apartments, or creating a garden.
This multi-family property offers a unique opportunity in Bahía Ballena. It features three distinct apartments, providing a total of four bedrooms and three bathrooms. The current configuration is well-suited for immediate short-term vacation rentals or long-term leasing, allowing for income generation from day one.
Beyond the existing residences, the property includes an open space with significant potential. This area could be transformed into a café, restaurant, or another personal venture, adding value and amenities. The property requires some cosmetic updates and additional investment to fully realize its potential and enhance its market appeal.
Situated on 876.64 square meters of land, the property boasts a spacious area at the rear. This undeveloped section offers ample room for expansion, whether for constructing an additional home, adding more apartments, or creating a lush garden oasis. Its prime location places it just 500 meters from Marino Ballena National Park, allowing for convenient walks to the beach and a relaxed coastal lifestyle.
Embrace the quintessential Costa Rican lifestyle in Bahía Ballena, Osa, Puntarenas, Costa Rica, a locale celebrated for its natural beauty and vibrant community. This exceptional property is situated just 500 meters from the pristine sands of Marino Ballena National Park, placing you within effortless walking distance of one of the country's most iconic beaches. Imagine waking to the sounds of nature and strolling to the ocean without needing a car, a true luxury in this tropical paradise. This micro-location in Bahía Ballena offers a unique blend of tranquility and accessibility, making it highly desirable for those seeking to buy property in Costa Rica.
The area around Bahía Ballena and Uvita is renowned for its relaxed atmosphere, attracting both discerning international buyers and local residents. Here, the pace of life slows, inviting you to savor every moment. The climate is consistently warm, characterized by lush greenery and refreshing ocean breezes, typical of the Costa Ballena homes region. This setting is ideal for a diverse range of lifestyles, whether you dream of a peaceful retirement, a dynamic investment opportunity, or a productive remote work environment. Surfers will appreciate the nearby breaks, while nature enthusiasts will revel in the rich biodiversity.
While offering a secluded feel, essential amenities are conveniently close. The vibrant town center of Uvita, with its array of shops, restaurants, and services, is just a short drive away. Major medical facilities are accessible within the broader Puntarenas province, ensuring peace of mind. For international travel, the Juan Santamaría International Airport (SJO) is a manageable drive, connecting you to destinations worldwide. This property in Uvita presents a compelling opportunity within the broader Costa Rica real estate market, offering a chance to own a piece of this sought-after region. Investing here means more than just acquiring property; it’s about embracing a lifestyle, securing a future, and becoming part of a welcoming community in one of Costa Rica's most enchanting destinations. Whether you're looking for real estate Dominical Costa Rica or property Uvita, this Bahía Ballena gem provides a unique blend of location, potential, and lifestyle.
Explore more about this area on our regional guide page.
This Uvita property offers compelling investment potential for discerning buyers. With three existing apartments, immediate short-term vacation rental income is achievable, capitalizing on the desirable location just 500 meters from Marino Ballena National Park. Alternatively, these units are well-suited for long-term leasing, providing a stable income stream. The 876.64 m² land size provides significant room for expansion, allowing for the construction of additional residences or further rental units, thereby increasing overall yield. The current price point, at approximately $455 per square meter, presents an attractive entry into the Uvita market, especially considering the potential for value appreciation through strategic cosmetic updates or development of the open commercial space.
The ideal buyer for this opportunity is an individual or group seeking to actively enhance a property's value. This includes those with a vision for development, whether it's expanding the residential footprint or establishing a restaurant or café. Costa Rica's real estate market, particularly in sought-after coastal regions like Uvita, continues to attract robust interest from North American buyers, driven by lifestyle appeal and a stable investment climate. For an exit strategy, the enhanced property, with its diversified income streams and prime location, would appeal to a broad market of investors seeking established rental operations or developers looking for a turn-key project. While specific returns cannot be guaranteed, the inherent value of a walkable beach location and expansion potential positions this offering favorably.
Model rental income for this property with our rental income calculator.
Ownership of properties like this one in Bahía Ballena is typically granted via a Fee Simple title, providing full and clear ownership rights to foreign buyers, identical to those held by Costa Rican citizens. Closing costs generally range between 2% and 4% of the purchase price, encompassing legal fees and transfer taxes. An annual property tax of 0.25% is applied to the registered value. Furthermore, an investment exceeding $150,000, such as this property, qualifies buyers for eligibility for an investor visa, streamlining the path to residency in Costa Rica. This framework ensures a straightforward and secure acquisition process for international investors.
Review title types and due diligence in our fee simple vs concession guide.
Discover a unique investment opportunity in Bahía Ballena, Osa, Puntarenas, Costa Rica, a highly sought-after locale, perfect for those looking to enhance value and enjoy the tranquil Costa Rican lifestyle.
Q: Can foreigners purchase this property in Costa Rica? A: Yes, foreign individuals are legally permitted to acquire real estate in Costa Rica, enjoying the same property rights as citizens. We recommend consulting with a local real estate attorney to ensure a smooth and compliant transaction process.
Q: What makes the Bahía Ballena location particularly appealing for this type of property? A: Bahía Ballena is highly desirable due to its proximity to Marino Ballena National Park and the Pacific Ocean, just 500 meters away. This prime location offers residents and guests easy access to stunning beaches and natural beauty, fostering a relaxed, car-optional lifestyle that attracts both tourists and long-term residents.
Q: What is the potential for rental income from this property? A: With three existing apartments, this property offers immediate income potential through short-term vacation rentals or long-term leases. The high demand for accommodations near Marino Ballena National Park ensures a steady stream of visitors, making it an excellent opportunity for generating rental revenue.
Q: What are the legal considerations for the title and ownership of this property? A: The property holds a clear title, and all real estate transactions in Costa Rica are registered with the National Registry. Our team can connect you with experienced local legal counsel to guide you through the due diligence process and ensure secure transfer of ownership.
Q: How does the property's location contribute to a desirable lifestyle? A: Being only 500 meters from Marino Ballena National Park means residents can easily walk to the beach and enjoy the natural splendor of the area without needing a car. This promotes a healthy, active lifestyle immersed in nature, with convenient access to local shops and dining in the tranquil Bahía Ballena community.
Nestled just a short stroll from the pristine shores of Marino Ballena National Park, this exceptional multi-family property in Bahía Ballena, Osa, Puntarenas, Costa Rica, presents an unparalleled opportunity for astute investors and those dreaming of a vibrant coastal existence. Imagine waking to the gentle rhythm of the Pacific, with the day's agenda dictated by the tides and the allure of nature. This 876.64 m² parcel, boasting four bedrooms and three bathrooms across three existing apartments, is more than just real estate; it's a gateway to a lifestyle coveted by many but realized by few. The current setup provides immediate rental income, capitalizing on the area's consistent demand for accommodations, thanks to its world-renowned natural attractions. Beyond the immediate revenue stream, the property offers significant potential for expansion and enhancement. A versatile open space invites the creation of a charming restaurant, a bustling café, or a bespoke personal project, adding further value and amenities to this already attractive offering. The spacious rear of the property, a blank canvas of natural beauty, is ideal for constructing an additional residence, more rental units, or a lush tropical garden, allowing for phased development and tailored growth. While the property invites cosmetic updates to fully unleash its charm and profitability, this very aspect represents a compelling advantage for buyers eager to infuse their vision and realize substantial long-term returns. This is an investment in quality of life, tranquility, and a future where the Pura Vida ethos is not just a slogan but a daily reality.
The allure of Bahía Ballena extends far beyond its immediate beauty, offering a lifestyle that resonates deeply with those seeking a profound connection to nature and a vibrant, yet peaceful, community. This isn't merely a place to live; it's an invitation to embrace a rhythm of life dictated by the sun, surf, and the rich biodiversity that surrounds you. For the buyer aspiring to escape the relentless pace of urban life, Bahía Ballena provides a sanctuary where daily routines are replaced by spontaneous beach walks, invigorating swims, and encounters with exotic wildlife. Imagine mornings spent exploring tide pools, afternoons dedicated to surfing or paddleboarding, and evenings filled with the sounds of the jungle and the distant murmur of the ocean. This location fosters a strong sense of community, where neighbors share a common appreciation for the natural environment and a relaxed approach to living. Local markets offer fresh, organic produce, and charming eateries serve up authentic Costa Rican flavors, all within easy walking distance. The car-optional lifestyle isn't just a convenience; it's a philosophy that encourages outdoor activity, reduces environmental impact, and promotes a healthier, more active existence. For families, Bahía Ballena provides an idyllic setting for children to grow up immersed in nature, fostering a deep respect for the environment and an adventurous spirit. For retirees, it offers a serene yet engaging environment, where wellness and community thrive. This property is more than an investment in bricks and mortar; it's an investment in a dream, a commitment to a life of unparalleled beauty, tranquility, and endless discovery, where every day feels like a vacation and the Pura Vida spirit truly comes alive.
Bahía Ballena, Osa, Puntarenas
Osa, Puntarenas
Principal broker
In Costa Rica since 2004
