Home for Sale
March 14, 2025 in Life in Costa Rica, Tips for Buyers, Real Estate in Costa Rica
Costa Rica, with its stunning natural landscapes and tropical climate, offers a unique living experience that blends indoor comfort with outdoor paradise. When purchasing or building a home in this Central American gem, certain design features can significantly enhance your lifestyle and property value. This comprehensive guide explores the essential design elements to prioritize in your Costa Rican home search or construction project.
February 2, 2024 in Tips for Sellers, Selling Process
Staging your home for sale in Costa Rica is about creating global appeal for a diverse array of dreamers looking to make their life in a new place.
May 13, 2023 in Discover Costa Rica, Life in Costa Rica, Real Estate in Costa Rica
Escaleras, Costa Rica is a place that promotes a sense of wellbeing, deep relaxation, and helps you attune yourself with the natural world. This is a popular community in the South Pacific that exudes architectural grandeur blending elegantly with the exotic landscape. Those who have searched Costa Rica’s coastlines for the perfect location to begin the dream of living in a tranquil, natural, and breathtaking location will often conclude that Escaleras is it. The mountainous community of Escaleras begins at around 1000ft elevation, with homes nestled amongst old growth rainforest and its abundant wildlife. This region of Costa Rica is home to families of sloths, toucans, monkeys, exotic insects, and enchanting birdlife. Wildlife corridors have been preserved as much as possible in the developed regions of Escaleras, where large acreage properties are left mostly forested for privacy and maintaining a connection with the local wildlife. Living in Escaleras can often elicit the feeling that you are living up in the tree canopy as you see the stunning wildlife pass by at eye-level daily. The select tracts of land that were cleared for development are open to the full magnificence of the hillside jungles, untouched by man, as well as the jaw-dropping ocean view reaching out below. The ruggedness of nature becomes a gentle blanket of green stretched out as you look down towards the rolling Pacific Ocean. This area is known for its dramatic views of the dynamic coastline, including the world-famous Whale’s Tail beach formation, Caño Island, and the Osa Peninsula. The mountainous terrain in Escaleras is home to an abundance of winding rivers and some of the most sensational waterfalls in all of Central America. Several properties in Escaleras have rivers and waterfalls within walking distance of their front door with picturesque backdrops and serene, ambient sound. In this sensational environment, hardly a sound other than nature’s cacophony can be heard. Envision lounging on your elevated terrace while monkeys and toucans visit travel across the treetops above you. The sounds of the rain forest in perfect harmony with the ocean below. *Click the image to visit this Escaleras listing for sale.[/caption] The incredibly pristine environment around Escaleras is decorated mainly with the type of homes that blend seamlessly with the surrounding nature. Houses in Escaleras sit high on the cliff sides, positioned in reverence of the coastal views. Infinity pools merge cool water with the ocean view sunsets on the horizon. Bedrooms and living spaces are built to face the gorgeous Pacific Coast and the green valley below. Large glass sliding doors allow breezes to filter through homes and remove boundaries between the home’s interior and the natural exterior landscape. Homes in Escaleras are built for living life to the fullest. Large, sun-soaked terraces with ample room for lounge chairs, BBQ areas, and dining spaces under the stars are essentials for unforgettable family gatherings or elegant soirees. Gourmet kitchens with intelligently utilized spaces and extras such as walk-in wine cellars are the details that make Escaleras homes the pinnacle of luxury living in Costa Rica. Locally-sourced natural materials like cedar wood and river stone are popular aesthetic choices reflecting the majesty of the surrounding environment. Building materials are carefully selected for their natural beauty in the luxury homes in Escaleras. Green/eco-friendly architectural designs are also immensely popular, fostering a peaceful and tranquil atmosphere while maintaining a small environmental footprint. The goal for many is to create a space to live in harmony with the land and nature that is designed well to last in this environment. Landscaped entrances to Escaleras properties welcome you home with swaying palms fronds and perennial colorful flower blooms. Most homes and condos in Escaleras are gated for your protection, although most properties are so ample that they do not feel at all confined. Escaleras estates often have additional spaces for development and plenty of room for parking and stretching out. Properties are designed with an emphasis on privacy and space for life to flourish. Whether you are stargazing from your tub on the balcony at night or spending your morning searching for whales breaching the coastal waters during calving season, Escaleras homes allow you to live close to nature while being safely tucked away in immaculate structures. From its picturesque perch in coveted Escaleras, the Jade House brilliantly blends naturally inspired materials with state-of-the-art amenities to guarantee the highest standard of tropical luxury living in Costa Rica. *Click the image to visit this Escaleras listing for sale. Escaleras is conveniently located between the coastal towns of Dominical and Uvita, making it centrally located while being out of the main bustle of tourists. Life in Escaleras is all about feeling like you are in a remote location that is actually just a short drive to everywhere you want to be. This is the ideal location from which to embrace doing what you love doing and living life to the fullest. Living in these coastal mountains can feel like one of life’s greatest thrills. Unforgettable views span the stunning coastline and remind you that you are within easy reach of the fantastic beaches and exciting adventures in the area. Escaleras has the best of everything for avid adventurers and world travelers who want to surf, zip-line, river raft, hike, and search for wildlife. 4×4 vehicles open the door to driving up the windy, mountainside roads that lead to incredible precipices that overhang jaw-dropping coastal views from high up in the mountains, as well as "secret" river and waterfall spots that are off-the-beaten-path but well worth the journey. 4x4 trails above Escaleras will lead you on wild adventures to some epic roadside waterfalls and lookout spots high in the mountains.[/caption] Mornings have never been so exquisite as day breaks through large windows in your Escaleras residence. Every day brings close encounters with nature and healthier indoor living. Architects strive to make the interior and exterior landscapes feel as one so that residents can feel immersed in the vibrant blues and greens in the day and cotton candy colored sunsets in the evening. Escaleras is home to some of the most high-end estates in the region and is therefore blessed with amenities like high-speed internet, robust security, and solid infrastructure. There are quality services available like concierge, spa and massage, and private chef catering. This is the home of modern luxury living in a dream come true location. Try upscale gourmet restaurants, gorgeous jungle-enveloped cafes, and shop at boutique stores carrying high-quality, Costa Rican made products all located within the community of Escaleras. Life here combines the comforts of modern, upscale living with the creative flow of the jungle. Outdoor spaces on Escaleras properties are perfect for yoga or bird-watching. It’s easy to reconnect with nature as toucans soar lazily overhead while you meander through courtyards surrounded by tropical gardens, where coconuts and bananas are almost always within reach. The way things are going in today’s Costa Rica real estate market, if you don’t buy that Escaleras estate you have been eyeing, someone else will. There are only so many homes and land for sale in this tiny Costa Rican town. There are currently 15 homes and lots for sale in Escaleras totaling around $22 million in value. The average price for a lot for sale in Escaleras is around $400,000 for just under 2 acres of land. The average home price for sale in Escaleras is about $1,580,000 and most homes are high-end luxury estates. So far in 2022, 17 homes and lots have sold in the area since the start of the year. Of those that sold, the average sale price was about $1,792,133 and properties sold for around 95% of asking price. While many purchase real estate in Escaleras to live in an exceptional location, others use their Escaleras residence primarily as a lucrative rental property. According to AirDNA, an average night’s stay on Airbnb for an Escaleras rental is around $372/night with many homes renting for over $1000 per night. There are many smaller homes for rent and some fantastic mansions that compare to the top luxury properties in the world. There may not be any five-star, all-inclusive resorts in the area but there are a number of super-luxury vacation home rentals available that are booked at a high occupancy rate throughout the year. Escaleras is the home of yoga retreat centers and boutique homestay experiences. Visitors choose Escaleras vacation home rentals because there are many concierge services in the area and property managers are ready to curate an entirely unique luxury vacation experience for their guests, including personal chefs, spa services, and boutique tours. This is the perfect destination for wedding celebrations and honeymoons because of the availability of numerous luxury multi-home properties in this spectacular region. Experienced local property management companies make rental income an easy and almost effortless pursuit. This multi-home, luxury Dominical property features a prime location in the upscale Escaleras neighborhood, near Playa Dominical, that is great for rentals. The detailed wood interior makes for impressive listing photos. *Click the image to see more listing details.[/caption] People come from all over the world come to Escaleras to explore the wonders of this serene landscape. Escaleras’ luxury views and community amenities increase the profitability of vacation rentals that are turnkey income producers. Customers who rent properties in Escaleras return yearly to experience more of the magic, reliving in a new way each time, because why go somewhere else when you’ve found a place that speaks to the depths of your soul? This is the kind of place you visit and create memories that last a lifetime.The Escaleras Environment
Homes in Escaleras
Lifestyle in Escaleras
Market Report on Properties in Escaleras
May 13, 2023 in Real Estate in Costa Rica
Homes in Ojochal are what the real estate market in South Pacific Costa Rica is seeking. Property prices are rising and everyone is wondering how far they will go. Real estate investors and those seeking a new style of living are converging in Costa Rica and prices for homes and land in this country are elevating. Global real estate markets are shifting due to changes in the work environment and more people are working from home. But while markets in other boom areas are declining as mortgage rates go up and stock prices go down, Costa Rica is not quite as affected this time around because the reasons people are moving here are beyond financial gain. As a result, many property sellers in Ojochal today are seeing strong gains, anyway. Property sellers in the current market are justified in asking for much higher prices than what they purchased for in recent years because there is a serious lack of inventory in a lot of key markets in Costa Ballena. Buyers who are unable to find a turnkey home in their desired area are more willing to buy fixer-uppers and raw land than in previous years and properties that used to sit on the market for a long time are now getting snapped up soon after listing (and sometimes before!) Property value increases in Costa Ballena are being seen across the board, from basic single-family homes to income properties and luxury houses. When looking at what properties are selling for today versus what they have sold for in recent years, we can see a strong shift in prices that ranges from around 6% per year to over 23% year-over-year. Some of these gains are achieved through significant investment like renovations or adding new features. Other properties have simply found their time to shine in today’s real estate boom. To better understand what is happening in the real estate market in our area, we have put together this comparative market analysis that shows what properties have sold for recently versus what they were purchased for in years past. We have chosen to focus on Ojochal and the surrounding area for this particular analysis, although we have the data to create more reports for Uvita, Dominical, and even more niche markets. The selection of homes in this report sold at least twice in recent years and will show the increases in property values across recent years. Property owners selling their real estate in Costa Rica quickly do so for a variety of reasons, be it speculation, opportunity, or unforeseen circumstances in their lives propelling them to sell more quickly than the average real estate investor. And with the changes in the market, more people are coming out with big gains, giving motivation to others to consider selling now while the market is hot. Based on the seven unique properties in this report, the average value increase of homes in Ojochal and the surrounding area over the last five years is 15.5%. We do not know all of the renovations and additions that were done to these seven homes but based on our knowledge of local real estate and our observations of the following listings then and now, we have given our assessment of the investment the properties received between their sales prices in previous years compared to the past year. Minimal investment would include cosmetic items and would be less than 5% of the purchase price. Moderate investment might include some replacement and refurbishment up to 10% of the property's purchase value. And high investment (which this particular report does not show) would be entirely new additions to the structure or replacement of major items like the roof. It is important to note that of the majority of the properties in our market being resold, the ones that make the most gains are the properties that received some improvement. Land buyers who subdivide, make building plantels, and bring utilities onto the site or home buyers who add onto the home or renovate are the future property sellers who stand to make the biggest gains. On the other hand, just because the market is hotter in general doesn't mean that every property is what buyers are looking for today. Not every property in Ojochal is positioned for what the majority of the market wants. And with the exception of one property, each of these homes in Ojochal underwent at least some renovations to better position them for today's buyers. We do not have a crystal ball and we cannot claim to know with certainty what our Costa Ballena real estate market will do in the future. What we perceive, however, is demand increasing every day as buyers and fellow realtors in our region contact our office asking for properties for which there is no more inventory. Ocean view homes in Ojochal and other unique properties like the ones below are what the market is demanding. It is not our opinion about what the market wants – it is what buyers are willing to pay for these properties in Ojochal today. Location: Ojochal Size: 2 Bedroom home and studio cabin on 0.64 acres Sold 1: 2019 for $186,000 Sold 2: October 2021 for $309,000 Estimated investment: Moderate for paint, new furnishings, and pool refurbishment Price difference: $123,000 (increased value of 66% over 3 years or 22% average value increase per year) Location: Ojochal Size: 3 Bedrooms on 0.25 acres Sold 1: March 2021 for $612,500 Sold 2: February 2022 for $754,000 Estimated investment: Minimal Price difference: $140,000 (increased value of 23.2% over 1 year) Location: Ojochal Size: 4 Bedroom main house and 2 bedroom guest house on 0.6 acres Sold 1: 2019 for $600,000 Sold 2: December 2021 for $800,000 Estimated investment: Moderate for new pool tiling and small property upgrades like decorative stonework and landscaped garden paths Price difference: $200,000 (2 year increase of 33% or 16.5% average increase per year) Location: Ojochal Size: 3 Bedrooms Sold 1: March 2021 for $285,000 Sold 2: March 2022 for $340,000 Estimated Investment: Minimal Price difference: $35,000 (1 year value increase of 19.3%) Location: Ojochal Size: 3 Bedrooms on 0.21 acres Sold 1: 2019 for $429,000 Sold 2: March 2022 for $580,000 Estimated investment: Minimal Price difference: $151,000 (3 year value increase of 35.2% or 11.7% average increase per year) Location: Chontales Size: 3 Bedrooms on 0.54 acres Sold 1: 2017 for $525,000 Sold 2: June 2022 for $695,000 Estimated investment: Minimal Price difference: $170,000 (5 year value increase of 32.4% or 6.5% average per year) Location: Chontales Size: 3 Bedrooms on 0.46 acres Sold 1: December 2020 for $597,000 Sold 2: April 2022 for $715,000 Estimated investment: Minimal Potential price difference: $123,000 (increased value of 19.7% over 2 years or 9.8% average per year) Comparative Market Analysis for Homes In Ojochal (2017-2022)
Pura Vida Paradise Home
This small and simple home with studio cabin sold most recently in October of 2021, kicking off last year's high season of real estate, selling for $10,000 more than asking price within a month of listing. This unusually fast sale for higher than list price was a portent for things to come, telling us that the market was shifting and that older properties in need of renovation are suddenly a hot commodity. This property is old but so private, tranquil, and with beautiful mountain views. When this home first sold in 2019, it was listed for about three years and sold for basically replacement value of the construction. Those buyers spent time and money in updating the furnishings and painting in light colors. Their efforts brightened up this home and cabin, which didn't need any major work to make it comfortable and move-in ready, other than refurbishing and tiling the pool and strategically limbing some trees to expose more of the mountain view. It is now being used as a short-term rental home that earns a steady income in Ojochal's hot rental market.Perfect Vacation Rental
Casa Sea La Vie in Ojochal was sold in March of 2021 and without changing a thing, it was put back on the market in June of 2021 for $759,000. Despite the popularity of the size and design of the home, the market was not yet ready to stomach such a price spike at that time. However, the home did receive a successful offer by the end of 2021 and closed in February of 2022 for $754,000. Built in 2020, this brand new three bedroom home on a small lot was one of the most expensive properties to sell in Ojochal the first time around and sent shockwaves through our market about the growing potential of spec homes in Ojochal, where young, wealthy families are opting for turnkey modern homes to rent so they can earn an income while deciding on their next move.Family Home And Guest House
This four bedroom family home was in excellent condition when bought in 2019 and most of the interior was unchanged between sales. The pool was retiled and extensive stonework was added to the exterior of the property, including garden paths. This style of home with an additional guest house is popular with the multi-generational families moving to Costa Rica and those looking for additional income, whether renting out the smaller or larger house and living in the other.Easy Living Home In Ojochal
This home sold for $285,000 in March of 2021 after 1 month on the market (at 96.6% of its list price of $295,000). It was then listed again in October of 2021 for $349,900 and received a contract in February and closed in March for 97% of the list value. Not much was changed in the three bedroom home other than about half the furniture changed out for a more modern style and a coat of paint was applied to the interior and exterior. The location on the paved road has made this a popular property for those who really want ease of access (a rare quality in Ojochal real estate) and who don’t mind being located close to their neighbors and many North Americans are used to this style of home.Ocean View Contemporary Home
This three bedroom contemporary bungalow with a mid-sized pool, funky decor, and absolutely incredible views sold at the start of 2019 for $429,000 after being listed on the market for around two years. Since then, it has continued to operate as a vacation rental, generating a solid income. This year’s sellers made very few changes to the rental before selling it again in March of this year. This property was a great long-term rental during the pandemic that has now led to a net sales profit, too.Chontales Modern Bungalow
This Chontales bungalow sold in 2017 after having spent almost a full year on the market. Listed again in June of 2021, this home sold one year later for full price as the area surrounding was seeing an increase in action. Very minimal changes/upgrades were made to this 3 bedroom contemporary home with an ocean view and the price increase is a result of comparable homes in Ojochal and Uvita being sold for much higher prices, pushing buyers with slightly lower budgets further south.Luxury Home In Chontales
This modern home in Chontales closed was relisted in January 2022 with very few changes made to the property since it was purchased in 2020. It was listed this year for $769,000 originally and reduced to $715,000 in April due to a need to sell quickly. Despite being the most expensive property for sale in Chontales at the time, the sale closed in August as the comparable listings in Chontales sold earlier in the year. Interested to know our take on today's value of your home in Ojochal, Uvita, or Dominical? Whether you are buying or selling, our team of agents are here to offer expert advise on how to maximize your real estate investment in Costa Ballena. Contact us below for more info.
May 12, 2023 in Discover Costa Rica, Discover Costa Ballena, Real Estate in Costa Rica, Life in Costa Rica
The northern coast of Costa Rica has long been the place that the majority of tourism comes into the country from around the world.
May 12, 2023 in Discover Costa Rica, Discover Costa Ballena, Real Estate in Costa Rica, Life in Costa Rica
As important as the interiors of a home are, you aren’t taking full advantage of Costa Rica homes without creating living spaces outdoors as well. These chic, tropical outdoor spaces in Costa Rica’s South Pacific capitalize on the climate, views, and the architecture of the property. Take inspiration from these well-designed "exterior rooms" and make the outdoors your own when you build or buy in Costa Rica. [caption id="" align="alignnone" width="1460"] When you are lucky enough to live in a climate that affords you the luxury of dry, sunny summers, make the most of it! Sliding floor-to-ceiling glass doors are the perfect way to merge your outdoor dining area with the interior of your home. When the doors are open dinner guests can flow in and out of the house, and when closed you still have a gorgeous view of your tropical gardens. Having easy access to your kitchen also reduces the amount of back and forth needed to bring your meal outdoors. If you have a bit of distance to cover, consider buying a rolling bar cart to make transporting the food less burdensome. [caption id="" align="alignnone" width="1920"] Outdoor dining is even easier if you can do the cooking outside too. Instead of being inside cooking the meal, a full outdoor kitchen in your Costa Rica property allows you to prepare the meal while still spending time with your guests. Today’s outdoor kitchens are not limited to grills alone. When you create your outdoor kitchen, you can build in any number of modern conveniences. Add in a functional sink, counter space, or even a wine fridge for an outdoor kitchen that rivals your kitchen inside. Large outdoor spaces are ideal for entertaining in our coastal mountain region. Properties tend to be spacious with lots of room for creating an outdoor oasis amidst jungle and ocean views. Whether you are want to host a full dinner party or cocktails and hors d’oeuvres, be sure to create plenty of spaces for guests to mingle that are connected to one another. Consider incorporating comfortable outdoor seating, an outdoor bar, and ample locations for guests to set down their drinks. When you are choosing outdoor furnishings, be sure to consider function as well as form. Pieces that can serve double duty as side tables or seating, like sturdy square ottomans, increase the functionality of your entertaining space.Outdoor spaces not only add monetary value to your home, but livable value too. Your satisfaction of your own home increases when you have beautiful and functional spaces to enjoy with others. [caption id="" align="alignnone" width="2500"]
This stunning luxury home has a seamless indoor-outdoor blend thanks to the sliding glass windows that recess into the home. Lounge "resort-style" in the privacy of this exclusive ocean view masterpiece.[/caption] As the weather in our South Pacific region is always warm, even in the rainy season, you will find yourself eager to spend as much time as you can outdoors. The best exterior spaces in Costa Rica have all the luxuries of their indoor counterparts. Whether it’s the kitchen, dining room, entertainment lounge, or even the shower, being outside in Costa Rica means you can enjoy all the beautiful ambiance of living al fresco. Fresh air, green backdrops, and the sounds of birds and running water are just some of the many treats associated with our outdoor style of life. Achieving the perfect balance living amongst the elements is tricky, but it is easier with a little insider knowledge. As you prep yourself for a life in the tropics, consider these tips to make the most of your outdoor space.Blend the Outside with the In
This lovely outdoor space in Ojochal is a sumptuous retreat in keeping with the rest of the property’s Colonial architecture. Surrounded by palms and tropical flowers, this incredible terrace with resort-sized pool and swim up bar provide cozy privacy for intimate gatherings.[/caption]Outdoor Kitchens Make Outdoor Dining a Breeze
In the right climate, outdoor spaces are ideal for al fresco dining as well. The outdoor dining pavilion of this Ojochal property has a modern-rustic aesthetic that perfectly matches the Pacific Coast it overlooks. Enjoy the Costa Rica sun during an afternoon lunch, or the twinkling lights of the stars in the evening.[/caption]Plan to Entertain
Sometimes the best way to utilize your outdoor space is to keep the furnishings minimal and let the amazing views speak for themselves. The open railings of this ocean view Escaleras home allow the terrace to merge right into the vista.[/caption] If you want to know more about what makes our exterior spaces in Costa Rica so enticing, contact one of our expert agents with any and all of your questions about everyday life in Costa Rica. And sign up to our weekly newsletter below!
May 11, 2023 in Tips for Buyers, Buying Process
Are you dreaming of building the perfect ocean view home in Costa Rica? Many of our clients have, and they have come to us to buy their slice of paradisiacal land on which to make these dreams come true. And as agents, we have recently seen so many stunning homes, hotels and businesses being built in our region of Costa Rica, called the Costa Ballena. In a country in which building a home is fairly normal, this is a fair dream to have for yourself and your family. Building for yourself can definitely mean more personalization, and it can potentially mean saving some money. But have you considered the effort that goes into building a home? Sure, everyone has done it, but would they do it again? Many of our clients in fact do say YES! They have bought land with us, built their homes, and have loved the process so much that they’ve listed their house in order to buy more land and do it again. For others, the process put significant strain on their ‘pura vida’ dreams and they would firmly say "no, thank you" to going through that again. To help you understand the real value in building a Costa Rica casa, ask yourself which of the following characteristics you aim to maximize most in your new, tropical lifestyle: time, money, location, or ease? If ease is your preference, it may be easier to take your time and be picky with homes already on the market. And if time is of the essence, you may not have the patience to build. But when it comes to location and money, these factors are a bit more nuanced. The easy answer is: if you have lots of time or you can afford to hire a designer to pick out your finishes, then you should consider building. There are numerous sensational lots in the Costa Ballena that fit a wide variety of preferences. But buyer beware underestimating the home building process. Read on to learn more about where the real value is in building or buying a home in Costa Rica. Most people can’t even decide where to get dinner. So what happens when it comes time to picking out a type of granite? Even with a big budget, the amount of effort that it takes to visit every location that sells the different types of materials available all over the country can be astounding! The building process costs a lot of time and energy and there are hundreds of decisions to make. And you have to try to meet your needs in a country where you potentially don't speak the language. Not impossible but not necessarily easy for the average expat. There are a few commercial builders in our region who will design and execute the construction of your home all in-house. But more often than not, clients of ours who choose to build tend to hire boutique builders who cater the entire construction to their clients’ needs, rather than being limited by what their suppliers have to offer you. And if you don’t have a full-service team, this means a lot of your time traveling around finding the exact materials and styles that you are looking for and referring those items to your home development team, with the hopes that you will find adequate supply. When building a new home in Costa Rica, you are able to have a builder customize the home before construction is completed. This means that it will be built with your personal touch and you don’t have to lift a finger, a paint brush, or hammer to bring a pre-owned home up to your standard. But it’s a good idea to understand what’s needed in the local building process to ensure that everything is built to code and to adequate quality for the weather. The elements here are nothing to balk at, and the heat and rain are big factors that go into the home build, utilities, drainage system and more. If you are unsure, it is best to hire your own building inspector to make sure that the job is done correctly the first time. A pro for buying an existing home is the opportunity to flip it. If you buy the right type of home for today’s market and make the much-needed upgrades, you have the potential to flip the home, rolling over profits to a newer and better house. New properties may not be as exciting for buyers who like to customize and upgrade on their own. A lot of people today enjoy DIY projects, and the best way to get dug into one of those is to buy a “fixer-upper,” which is a property that could use some updating. These homes are often valued a little lower and are waiting for the right buyers to come along who are motivated and enthusiastic about a personalization project. Buying a home for renovation means that you will be able to tailor it to your preferences, which you may be more hesitant to do with a newer home, or if you can just pay your builders to do it for you. Recent clients of ours bought their existing home in Ojochal on a gorgeous white-water view property, and after spending a fair amount of money, time and effort in renovations, they are able to rent their property for luxury rental prices (think BIG!) Buying a home in Costa Rica generally involves putting down a deposit when signing the purchase agreement and then paying the balance at closing. When building, your contract will include a schedule for paying in installments every month or so while your home is being built. And as important as it is to make sure that you can afford the build before you begin, it is even more crucial to ensure that all aspects of the build are included in the quote. When DIY building, because you are paying as you go instead of for a finished product, your budget for a home can get wildly out of hand after the first few purchases. Although it is possible to build a home for less than it costs to buy an equivalent home, brand new homes can cost more —sometimes up to 20% more than a “similar” existing home. That’s because all of those fabulous amenities that you are seeing while shopping can really add up. And many of these amenities are new to this region, so you won’t find them in older existing homes. Today’s lifestyle demands are different than those of a more technologically-limited past. Many people want open, eat-in kitchens, walk-in closets, and large master baths. Older homes in our region don’t generally have these luxuries as features. Upgrades may be marked up heavily by the construction company and the cost of construction can end up being far more than you intended. Many of our clients who build, especially when it comes to luxury homes, bring containers of items like fixtures, fans, lights, and furniture to name a few. They save money on bringing these luxury items which would otherwise be imported at highly taxed rates and resold at a markedly higher price than in the US and elsewhere. And new technologies can be built into the home, like alarm systems, speaker systems, internet wiring — which can save time, money and holes in the wall if that’s what you need. If you are on a budget, make a list of features that are important to you and compare the costs. Find the must haves for your home in Costa Rica and then look in your price range for what types of existing homes are available in that range that meet your criteria. Do your research or ask a knowledgeable source (like a great realtor!) about how much it would cost to build something equivalent. If your needs are simple, you may be able to save a bit of money with a smart building plan. A new home means new appliances, plumbing, air conditioning, and so on. You should be repair free for at least a few years, meaning that you will be saving money in future costs. And with new energy-efficient technology like heat repellant windows or salt-water pools, you can also spend a bit more now to save in bills later. Even when you build a new home, it’s still likely that not everything will be perfect. Whether you run into issues with permits or other delays, building your own home can come with unexpected costs. We rarely hear of a home that is built on budget and on time. During the tender stage, for instance, builders and architects may give lower quotes and time estimates in order to win your bid, only to disclose further down the line that your budget is 30-40% below where it should be. Purchasing upgrades from the builder will be expensive. Prospective home builders might forget the cost of window coverings, extensive landscaping, a pool, light fixtures and finishes, fans, gutters, hinges, door handles, preparing land, landscaping, and so forth. Builders typically allow for the minimal finish, adding change-order fees as you add on to the base product. This adds up to many thousands of dollars. You need to be completely prepared in advance of writing a quote to make sure that you have exactly everything specified. On top of that, you have to hope that when it comes time to buy the materials that you have requested that they are still in stock. Changes to one item can mean changes to many more down the line. You will likely be required to pay for permits as the construction progresses, so be mindful that you are putting in a lot of money in advance of getting anywhere near a finished product. This may mean additionally paying for a rental home in the area if you intend to be around to oversee part of all of the construction process. This is highly recommended, even though it may seem counter-intuitive. But if you want your home to be perfectly catered to you, you will want to be there to make sure that no major corners are cut, thus limiting your satisfaction with the end product. Plumbing, electricity, internet - it can be a challenge to arrange for utilities and other site details, especially if Spanish is a foreign language to you. And Costa Rica today is a different country than the cowboy regulations of yesteryear. No matter what you heard, regulations are becoming more stringent in a nation that is looking to grow its coffers to cover the planned growth in national infrastructure. So while we are getting things like better roads, faster internet, and more power from renewable resources every year, we are also having to make sure that we are connected to a legal water source, for one. Buying a home also means that you have the ability to move in quickly. We know that for some, they can’t wait to move to Costa Rica and to have a place to hang their sun hats that is their own. When you buy an existing home, you can expect that a large part of your day is likely to be spent relaxing in the sun on your patio or in your pool. A large majority of homes on the market in Costa Rica are turnkey, meaning that furniture, fixtures, window covers, appliances, and often times art and decorations tend to be included in the sale of a home. Changes to blueprints are not easy, nor are they fast. Every change must be approved by the Council of Architects and by all of the relevant municipal organizations. Some of the biggest headaches happen when everything is approved and seems to be a go, but once the builders begin their process and some great realization happens that they cannot go ahead as planned. Maybe the soil is actually too loose in the spot that you had planned and construction comes to a sudden halt. There are a number of moving pieces in the building process in Costa Rica. The first is weather, which is really a factor anywhere. Couple that with a difficult road system and deliveries can often get pushed back by a few days. And if you are ordering anything from outside of the country, you’d better believe that you will be waiting patiently for them to arrive. That all may not seem like a big deal until delays happen a few times in a row and work gets pushed back. Your builder’s team of workers may also have other jobs on the side, especially while waiting for material to arrive at your site. Be prepared to wait and wait patiently. Pressuring people in Costa Rica will not get you as far as you may have become accustomed to elsewhere. Pura vida reigns here, even on the clock. If you want to build, you must first buy land. This means that you are likely to be looking for the perfect spot that has your perfect views and can accommodate your ideal home. Buying an existing home may come with a variety of necessary renovations that are not always obvious during the purchasing phase. But building a home comes with a lot of unanswered questions of what everything will actually feel like when it’s placed in its final location. No matter how deliberate you are with your choices, it’s tough to know in advance of completion how the wind will flow through a structure, or where the sun will warm a room a bit too much. When you are building a home in Costa Rica for the first time and are swept up in a thousand decisions, you may neglect to consider the bigger picture. Yes, you want sunset views from your living room, but you won’t learn until later that this will mean sitting in a warmed up room all evening or running a high electricity bill for the a/c. When looking at existing houses, you can get an instant feel for what it will be like to live there. Many new developments in our Costa Ballena region can be expected to be a construction zone for years to come. In a new development, you may be the only house on a remote road in the dense jungle and live a quiet life until your neighbors finally decide to build up and move in one day. It is difficult to have advance notice of what your neighbors intend to build and when they intend to do so, and if buying from a developer, they are very unlikely to give you any indication in case they put you off buying their property. A few of our clients have been surprised by their neighbors building unsightly homes directly in their line of view and have come to us to list their homes, angry with their developers for the lack of information provided. And if you plan to rent your house in a new development, be prepared for unexpected construction interrupting your guest’s tranquil experience. Conversely, if you’re looking for a lovely, quaint, blossoming older neighborhoods with a well-established community of neighbors, you won’t find that for many years in a new development. In an older development, you can expect to walk past the same homes every morning, witnessing the changes in blooming flowers. Although many things grow very quickly in this fertile jungle soil, on a newly groomed property like the lot on which you want to build, it will be many years before your King Palm reaches its full grandeur or before your trees start to fruit. Older homes will more often than not be on fully-ripe properties, meaning that you can immediate reap the abundance of mangoes, papayas, star fruit, rambutan, citrus fruits, avocados, soursop, coconuts, and more. In Costa Rica, food basically grow anywhere and everywhere — once planted and allowed to bloom. And when it comes to the location of new developments, their lots for sale tend to be smaller than developers used to make them. This has to do with enforcing long-standing regulations about property designations where lots that are over 1.5 acres are theoretically considered farms, coming with their own rules and regulations for development. Whereas you can find existing homes on properties that are well above that size designated residential, which will not likely change over time. It also means that you can subdivide a large property with an existing house and sell a part of the land that you don’t intend to use. If you are a first time buyer in Costa Rica, you should strongly consider finding great representation by someone who enjoys working with first-time buyers and answering their questions in detailed, helpful ways. You may even need to ask the same questions more than once as you gain knowledge about the market and the process. Look for a local expert who knows the neighborhoods and will take the time to listen to you and show you around. Contact our team with any questions at sales@osatropicalproperties.comPutting in Hard Effort While Living in Paradise
Budgeting Your Money
Timing is Everything
Location, Location, Location
March 14, 2025 in Life in Costa Rica, Tips for Buyers, Real Estate in Costa Rica
Costa Rica, with its stunning natural landscapes and tropical climate, offers a unique living experience that blends indoor comfort with outdoor paradise. When purchasing or building a home in this Central American gem, certain design features can significantly enhance your lifestyle and property value. This comprehensive guide explores the essential design elements to prioritize in your Costa Rican home search or construction project.
February 2, 2024 in Tips for Sellers, Selling Process
Staging your home for sale in Costa Rica is about creating global appeal for a diverse array of dreamers looking to make their life in a new place.
May 13, 2023 in Discover Costa Rica, Life in Costa Rica, Real Estate in Costa Rica
Escaleras, Costa Rica is a place that promotes a sense of wellbeing, deep relaxation, and helps you attune yourself with the natural world. This is a popular community in the South Pacific that exudes architectural grandeur blending elegantly with the exotic landscape. Those who have searched Costa Rica’s coastlines for the perfect location to begin the dream of living in a tranquil, natural, and breathtaking location will often conclude that Escaleras is it. The mountainous community of Escaleras begins at around 1000ft elevation, with homes nestled amongst old growth rainforest and its abundant wildlife. This region of Costa Rica is home to families of sloths, toucans, monkeys, exotic insects, and enchanting birdlife. Wildlife corridors have been preserved as much as possible in the developed regions of Escaleras, where large acreage properties are left mostly forested for privacy and maintaining a connection with the local wildlife. Living in Escaleras can often elicit the feeling that you are living up in the tree canopy as you see the stunning wildlife pass by at eye-level daily. The select tracts of land that were cleared for development are open to the full magnificence of the hillside jungles, untouched by man, as well as the jaw-dropping ocean view reaching out below. The ruggedness of nature becomes a gentle blanket of green stretched out as you look down towards the rolling Pacific Ocean. This area is known for its dramatic views of the dynamic coastline, including the world-famous Whale’s Tail beach formation, Caño Island, and the Osa Peninsula. The mountainous terrain in Escaleras is home to an abundance of winding rivers and some of the most sensational waterfalls in all of Central America. Several properties in Escaleras have rivers and waterfalls within walking distance of their front door with picturesque backdrops and serene, ambient sound. In this sensational environment, hardly a sound other than nature’s cacophony can be heard. Envision lounging on your elevated terrace while monkeys and toucans visit travel across the treetops above you. The sounds of the rain forest in perfect harmony with the ocean below. *Click the image to visit this Escaleras listing for sale.[/caption] The incredibly pristine environment around Escaleras is decorated mainly with the type of homes that blend seamlessly with the surrounding nature. Houses in Escaleras sit high on the cliff sides, positioned in reverence of the coastal views. Infinity pools merge cool water with the ocean view sunsets on the horizon. Bedrooms and living spaces are built to face the gorgeous Pacific Coast and the green valley below. Large glass sliding doors allow breezes to filter through homes and remove boundaries between the home’s interior and the natural exterior landscape. Homes in Escaleras are built for living life to the fullest. Large, sun-soaked terraces with ample room for lounge chairs, BBQ areas, and dining spaces under the stars are essentials for unforgettable family gatherings or elegant soirees. Gourmet kitchens with intelligently utilized spaces and extras such as walk-in wine cellars are the details that make Escaleras homes the pinnacle of luxury living in Costa Rica. Locally-sourced natural materials like cedar wood and river stone are popular aesthetic choices reflecting the majesty of the surrounding environment. Building materials are carefully selected for their natural beauty in the luxury homes in Escaleras. Green/eco-friendly architectural designs are also immensely popular, fostering a peaceful and tranquil atmosphere while maintaining a small environmental footprint. The goal for many is to create a space to live in harmony with the land and nature that is designed well to last in this environment. Landscaped entrances to Escaleras properties welcome you home with swaying palms fronds and perennial colorful flower blooms. Most homes and condos in Escaleras are gated for your protection, although most properties are so ample that they do not feel at all confined. Escaleras estates often have additional spaces for development and plenty of room for parking and stretching out. Properties are designed with an emphasis on privacy and space for life to flourish. Whether you are stargazing from your tub on the balcony at night or spending your morning searching for whales breaching the coastal waters during calving season, Escaleras homes allow you to live close to nature while being safely tucked away in immaculate structures. From its picturesque perch in coveted Escaleras, the Jade House brilliantly blends naturally inspired materials with state-of-the-art amenities to guarantee the highest standard of tropical luxury living in Costa Rica. *Click the image to visit this Escaleras listing for sale. Escaleras is conveniently located between the coastal towns of Dominical and Uvita, making it centrally located while being out of the main bustle of tourists. Life in Escaleras is all about feeling like you are in a remote location that is actually just a short drive to everywhere you want to be. This is the ideal location from which to embrace doing what you love doing and living life to the fullest. Living in these coastal mountains can feel like one of life’s greatest thrills. Unforgettable views span the stunning coastline and remind you that you are within easy reach of the fantastic beaches and exciting adventures in the area. Escaleras has the best of everything for avid adventurers and world travelers who want to surf, zip-line, river raft, hike, and search for wildlife. 4×4 vehicles open the door to driving up the windy, mountainside roads that lead to incredible precipices that overhang jaw-dropping coastal views from high up in the mountains, as well as "secret" river and waterfall spots that are off-the-beaten-path but well worth the journey. 4x4 trails above Escaleras will lead you on wild adventures to some epic roadside waterfalls and lookout spots high in the mountains.[/caption] Mornings have never been so exquisite as day breaks through large windows in your Escaleras residence. Every day brings close encounters with nature and healthier indoor living. Architects strive to make the interior and exterior landscapes feel as one so that residents can feel immersed in the vibrant blues and greens in the day and cotton candy colored sunsets in the evening. Escaleras is home to some of the most high-end estates in the region and is therefore blessed with amenities like high-speed internet, robust security, and solid infrastructure. There are quality services available like concierge, spa and massage, and private chef catering. This is the home of modern luxury living in a dream come true location. Try upscale gourmet restaurants, gorgeous jungle-enveloped cafes, and shop at boutique stores carrying high-quality, Costa Rican made products all located within the community of Escaleras. Life here combines the comforts of modern, upscale living with the creative flow of the jungle. Outdoor spaces on Escaleras properties are perfect for yoga or bird-watching. It’s easy to reconnect with nature as toucans soar lazily overhead while you meander through courtyards surrounded by tropical gardens, where coconuts and bananas are almost always within reach. The way things are going in today’s Costa Rica real estate market, if you don’t buy that Escaleras estate you have been eyeing, someone else will. There are only so many homes and land for sale in this tiny Costa Rican town. There are currently 15 homes and lots for sale in Escaleras totaling around $22 million in value. The average price for a lot for sale in Escaleras is around $400,000 for just under 2 acres of land. The average home price for sale in Escaleras is about $1,580,000 and most homes are high-end luxury estates. So far in 2022, 17 homes and lots have sold in the area since the start of the year. Of those that sold, the average sale price was about $1,792,133 and properties sold for around 95% of asking price. While many purchase real estate in Escaleras to live in an exceptional location, others use their Escaleras residence primarily as a lucrative rental property. According to AirDNA, an average night’s stay on Airbnb for an Escaleras rental is around $372/night with many homes renting for over $1000 per night. There are many smaller homes for rent and some fantastic mansions that compare to the top luxury properties in the world. There may not be any five-star, all-inclusive resorts in the area but there are a number of super-luxury vacation home rentals available that are booked at a high occupancy rate throughout the year. Escaleras is the home of yoga retreat centers and boutique homestay experiences. Visitors choose Escaleras vacation home rentals because there are many concierge services in the area and property managers are ready to curate an entirely unique luxury vacation experience for their guests, including personal chefs, spa services, and boutique tours. This is the perfect destination for wedding celebrations and honeymoons because of the availability of numerous luxury multi-home properties in this spectacular region. Experienced local property management companies make rental income an easy and almost effortless pursuit. This multi-home, luxury Dominical property features a prime location in the upscale Escaleras neighborhood, near Playa Dominical, that is great for rentals. The detailed wood interior makes for impressive listing photos. *Click the image to see more listing details.[/caption] People come from all over the world come to Escaleras to explore the wonders of this serene landscape. Escaleras’ luxury views and community amenities increase the profitability of vacation rentals that are turnkey income producers. Customers who rent properties in Escaleras return yearly to experience more of the magic, reliving in a new way each time, because why go somewhere else when you’ve found a place that speaks to the depths of your soul? This is the kind of place you visit and create memories that last a lifetime.The Escaleras Environment
Homes in Escaleras
Lifestyle in Escaleras
Market Report on Properties in Escaleras
May 13, 2023 in Real Estate in Costa Rica
Homes in Ojochal are what the real estate market in South Pacific Costa Rica is seeking. Property prices are rising and everyone is wondering how far they will go. Real estate investors and those seeking a new style of living are converging in Costa Rica and prices for homes and land in this country are elevating. Global real estate markets are shifting due to changes in the work environment and more people are working from home. But while markets in other boom areas are declining as mortgage rates go up and stock prices go down, Costa Rica is not quite as affected this time around because the reasons people are moving here are beyond financial gain. As a result, many property sellers in Ojochal today are seeing strong gains, anyway. Property sellers in the current market are justified in asking for much higher prices than what they purchased for in recent years because there is a serious lack of inventory in a lot of key markets in Costa Ballena. Buyers who are unable to find a turnkey home in their desired area are more willing to buy fixer-uppers and raw land than in previous years and properties that used to sit on the market for a long time are now getting snapped up soon after listing (and sometimes before!) Property value increases in Costa Ballena are being seen across the board, from basic single-family homes to income properties and luxury houses. When looking at what properties are selling for today versus what they have sold for in recent years, we can see a strong shift in prices that ranges from around 6% per year to over 23% year-over-year. Some of these gains are achieved through significant investment like renovations or adding new features. Other properties have simply found their time to shine in today’s real estate boom. To better understand what is happening in the real estate market in our area, we have put together this comparative market analysis that shows what properties have sold for recently versus what they were purchased for in years past. We have chosen to focus on Ojochal and the surrounding area for this particular analysis, although we have the data to create more reports for Uvita, Dominical, and even more niche markets. The selection of homes in this report sold at least twice in recent years and will show the increases in property values across recent years. Property owners selling their real estate in Costa Rica quickly do so for a variety of reasons, be it speculation, opportunity, or unforeseen circumstances in their lives propelling them to sell more quickly than the average real estate investor. And with the changes in the market, more people are coming out with big gains, giving motivation to others to consider selling now while the market is hot. Based on the seven unique properties in this report, the average value increase of homes in Ojochal and the surrounding area over the last five years is 15.5%. We do not know all of the renovations and additions that were done to these seven homes but based on our knowledge of local real estate and our observations of the following listings then and now, we have given our assessment of the investment the properties received between their sales prices in previous years compared to the past year. Minimal investment would include cosmetic items and would be less than 5% of the purchase price. Moderate investment might include some replacement and refurbishment up to 10% of the property's purchase value. And high investment (which this particular report does not show) would be entirely new additions to the structure or replacement of major items like the roof. It is important to note that of the majority of the properties in our market being resold, the ones that make the most gains are the properties that received some improvement. Land buyers who subdivide, make building plantels, and bring utilities onto the site or home buyers who add onto the home or renovate are the future property sellers who stand to make the biggest gains. On the other hand, just because the market is hotter in general doesn't mean that every property is what buyers are looking for today. Not every property in Ojochal is positioned for what the majority of the market wants. And with the exception of one property, each of these homes in Ojochal underwent at least some renovations to better position them for today's buyers. We do not have a crystal ball and we cannot claim to know with certainty what our Costa Ballena real estate market will do in the future. What we perceive, however, is demand increasing every day as buyers and fellow realtors in our region contact our office asking for properties for which there is no more inventory. Ocean view homes in Ojochal and other unique properties like the ones below are what the market is demanding. It is not our opinion about what the market wants – it is what buyers are willing to pay for these properties in Ojochal today. Location: Ojochal Size: 2 Bedroom home and studio cabin on 0.64 acres Sold 1: 2019 for $186,000 Sold 2: October 2021 for $309,000 Estimated investment: Moderate for paint, new furnishings, and pool refurbishment Price difference: $123,000 (increased value of 66% over 3 years or 22% average value increase per year) Location: Ojochal Size: 3 Bedrooms on 0.25 acres Sold 1: March 2021 for $612,500 Sold 2: February 2022 for $754,000 Estimated investment: Minimal Price difference: $140,000 (increased value of 23.2% over 1 year) Location: Ojochal Size: 4 Bedroom main house and 2 bedroom guest house on 0.6 acres Sold 1: 2019 for $600,000 Sold 2: December 2021 for $800,000 Estimated investment: Moderate for new pool tiling and small property upgrades like decorative stonework and landscaped garden paths Price difference: $200,000 (2 year increase of 33% or 16.5% average increase per year) Location: Ojochal Size: 3 Bedrooms Sold 1: March 2021 for $285,000 Sold 2: March 2022 for $340,000 Estimated Investment: Minimal Price difference: $35,000 (1 year value increase of 19.3%) Location: Ojochal Size: 3 Bedrooms on 0.21 acres Sold 1: 2019 for $429,000 Sold 2: March 2022 for $580,000 Estimated investment: Minimal Price difference: $151,000 (3 year value increase of 35.2% or 11.7% average increase per year) Location: Chontales Size: 3 Bedrooms on 0.54 acres Sold 1: 2017 for $525,000 Sold 2: June 2022 for $695,000 Estimated investment: Minimal Price difference: $170,000 (5 year value increase of 32.4% or 6.5% average per year) Location: Chontales Size: 3 Bedrooms on 0.46 acres Sold 1: December 2020 for $597,000 Sold 2: April 2022 for $715,000 Estimated investment: Minimal Potential price difference: $123,000 (increased value of 19.7% over 2 years or 9.8% average per year) Comparative Market Analysis for Homes In Ojochal (2017-2022)
Pura Vida Paradise Home
This small and simple home with studio cabin sold most recently in October of 2021, kicking off last year's high season of real estate, selling for $10,000 more than asking price within a month of listing. This unusually fast sale for higher than list price was a portent for things to come, telling us that the market was shifting and that older properties in need of renovation are suddenly a hot commodity. This property is old but so private, tranquil, and with beautiful mountain views. When this home first sold in 2019, it was listed for about three years and sold for basically replacement value of the construction. Those buyers spent time and money in updating the furnishings and painting in light colors. Their efforts brightened up this home and cabin, which didn't need any major work to make it comfortable and move-in ready, other than refurbishing and tiling the pool and strategically limbing some trees to expose more of the mountain view. It is now being used as a short-term rental home that earns a steady income in Ojochal's hot rental market.Perfect Vacation Rental
Casa Sea La Vie in Ojochal was sold in March of 2021 and without changing a thing, it was put back on the market in June of 2021 for $759,000. Despite the popularity of the size and design of the home, the market was not yet ready to stomach such a price spike at that time. However, the home did receive a successful offer by the end of 2021 and closed in February of 2022 for $754,000. Built in 2020, this brand new three bedroom home on a small lot was one of the most expensive properties to sell in Ojochal the first time around and sent shockwaves through our market about the growing potential of spec homes in Ojochal, where young, wealthy families are opting for turnkey modern homes to rent so they can earn an income while deciding on their next move.Family Home And Guest House
This four bedroom family home was in excellent condition when bought in 2019 and most of the interior was unchanged between sales. The pool was retiled and extensive stonework was added to the exterior of the property, including garden paths. This style of home with an additional guest house is popular with the multi-generational families moving to Costa Rica and those looking for additional income, whether renting out the smaller or larger house and living in the other.Easy Living Home In Ojochal
This home sold for $285,000 in March of 2021 after 1 month on the market (at 96.6% of its list price of $295,000). It was then listed again in October of 2021 for $349,900 and received a contract in February and closed in March for 97% of the list value. Not much was changed in the three bedroom home other than about half the furniture changed out for a more modern style and a coat of paint was applied to the interior and exterior. The location on the paved road has made this a popular property for those who really want ease of access (a rare quality in Ojochal real estate) and who don’t mind being located close to their neighbors and many North Americans are used to this style of home.Ocean View Contemporary Home
This three bedroom contemporary bungalow with a mid-sized pool, funky decor, and absolutely incredible views sold at the start of 2019 for $429,000 after being listed on the market for around two years. Since then, it has continued to operate as a vacation rental, generating a solid income. This year’s sellers made very few changes to the rental before selling it again in March of this year. This property was a great long-term rental during the pandemic that has now led to a net sales profit, too.Chontales Modern Bungalow
This Chontales bungalow sold in 2017 after having spent almost a full year on the market. Listed again in June of 2021, this home sold one year later for full price as the area surrounding was seeing an increase in action. Very minimal changes/upgrades were made to this 3 bedroom contemporary home with an ocean view and the price increase is a result of comparable homes in Ojochal and Uvita being sold for much higher prices, pushing buyers with slightly lower budgets further south.Luxury Home In Chontales
This modern home in Chontales closed was relisted in January 2022 with very few changes made to the property since it was purchased in 2020. It was listed this year for $769,000 originally and reduced to $715,000 in April due to a need to sell quickly. Despite being the most expensive property for sale in Chontales at the time, the sale closed in August as the comparable listings in Chontales sold earlier in the year. Interested to know our take on today's value of your home in Ojochal, Uvita, or Dominical? Whether you are buying or selling, our team of agents are here to offer expert advise on how to maximize your real estate investment in Costa Ballena. Contact us below for more info.