Private Multi Home Income Estate, Dominical, Puntarenas

About Private Multi Home Income Estate

Uvita, Costa Rica Investment Property

Located in the vibrant coastal town of Uvita, this exceptional multi-home estate sits in one of the fastest growing tourism markets along Costa Rica’s South Pacific coast. Uvita is internationally known for Marino Ballena National Park and its famous natural sandbar formation, Whale’s Tail Sandbar, a breathtaking landmark visible at low tide that attracts visitors from around the world. Explore more about costa rica real estate in this booming region.

Just minutes from the property are beautiful beaches including Playa Chaman and the well-known surf destination Playa Hermosa, celebrated for its consistent waves, wide sandy shoreline, and spectacular sunsets. The area offers a true tropical lifestyle with activities such as whale and dolphin watching tours, horseback riding along the beach, scuba diving and snorkeling, surfing and paddleboarding, jungle waterfalls, and hiking trails. It is also within walking distance to restaurants, cafés, and local shops. Explore more Dominical real estate for more opportunities in this stunning area.

Uvita continues to experience strong growth driven by eco tourism, digital nomads, and international investors seeking opportunities along Costa Rica’s expanding South Pacific coast.

Property Overview

Listing Price: $1,600,000

This commercially and residentially zoned property features 9 income producing homes with long term tenants in place, plus additional space for future expansion or redevelopment.

Key Features

9 residential homes

22 total bedrooms

Multiple two story homes with balconies

Ocean view homes

2 homes with private pools

7 homes with covered carports

Each home has its own electric meter

Tenants pay electricity, water, and internet

Pool homes cover their own pool service

Lease terms range from 6 months to 1 year, providing stable occupancy while still allowing flexibility for future repositioning toward vacation rentals.

Development Opportunity

With its commercial zoning, proximity to the beach, and large footprint, the property offers strong potential for redevelopment into:

Boutique eco resort

Wellness retreat

Vacation villa compound

Branded hospitality development

International hospitality brands continue expanding across Costa Rica, including Wyndham Hotels & Resorts, Hilton, Crowne Plaza, Four Seasons Hotels and Resorts, and Cambria Hotels. Given the location and layout, the property could be well suited for a boutique hospitality concept or future partnership with a hospitality operator.

Vacation Rental / Boutique Hotel Potential

If repositioned as short term vacation rentals or a boutique resort, the property could significantly increase its revenue potential.

Example Vacation Rental Scenario

22 bedrooms configured into 9 vacation villas

Typical nightly rates in Uvita range from $180 – $350 per night depending on size and season.

Conservative estimate:

Average nightly rate: $220

Average occupancy: 60%

Estimated annual revenue:

9 villas × $220 × 219 nights ≈ $433,000 gross annual revenue

With higher end renovations or repositioning, revenue potential could reach $500,000+ annually.

Why Investors Are Targeting Uvita

Growing international tourism

Protected national park coastline limiting overdevelopment

Increasing luxury travel demand

Expanding infrastructure and expat community

High demand for boutique eco lodges and vacation rentals

Investment Summary

Location: Uvita, Costa Rica

Price: $1,600,000

Property includes:

9 homes

22 bedrooms

Ocean views

Pools and balconies

Stable long term rental income

Commercial + residential zoning

Additional development potential

This is a rare opportunity to acquire a multi unit income property with strong upside potential in one of Costa Rica’s most desirable coastal destinations.

Listing Map