Prime Oceanview Development Site with Hospitality & Residential Potential

Description:

This is a rare opportunity to acquire a large, strategically positioned development site in Costa Rica’s Southern Zone, a region increasingly recognized for its natural beauty, environmental stewardship, and growing appeal among high-end buyers, developers, and wellness-focused brands. The property sits on elevated terrain with a natural plateau offering expansive Pacific Ocean views, descending gradually into protected rainforest. This topography supports a flexible, low-density master plan that can accommodate a range of uses, including a wellness-oriented hospitality concept, private residences, or a mixed-use development combining both. Importantly, the property includes an existing, operating hotel, providing immediate income potential and a built-in foundation for future expansion or repositioning. This existing hospitality component can be leveraged as a boutique hotel, wellness retreat, or guest lodge during phased development, reducing holding costs while establishing brand presence and on-site operations early in the project lifecycle. Preliminary planning and conceptual layouts demonstrate the capacity for a thoughtfully scaled project that may include a mix of casitas, wellness suites, villas, and private homes, along with centralized amenities. Proposed development programs indicate potential for approximately 30 casitas, 10 wellness suites, 11 villas, and 12 private residences, designed to balance density with privacy while preserving view corridors and the surrounding natural landscape. The configuration supports phased development, allowing for disciplined capital deployment and multiple exit strategies. The site benefits from existing infrastructure and prior development investment, reducing early-stage execution risk. In addition to the existing hotel, the land supports subdivision potential, creating flexibility to sell individual home sites, deliver completed residences, or combine residential offerings with a central hospitality or wellness component. The Southern Zone of Costa Rica continues to experience steady growth driven by limited developable land, strict environmental regulations, and increasing global demand for nature-based, wellness-oriented destinations. As other coastal regions of the country mature and densify, this area stands out for its authenticity, scale, and long-term upside, attracting both international buyers and values-driven developers seeking differentiated projects.

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Listing ID: 43e971e7-b750-42c3-96bc-25188b2cb1c7