Oceanview Development Opportunity in Santiago Playa Hermosa/Santiago

Located in Santiago, just minutes from Santa Teresa and Malpaís, this expansive landholding offers a rare opportunity to develop at scale in one of the Nicoya Peninsula’s most sought after growth corridors. The property spans just over three hectares and is well positioned for a wide range of residential or hospitality concepts. The land already includes multiple segregated lots, with additional subdivisions currently in progress through the municipality.

This structure allows for flexibility in planning, whether the vision involves phased development, a cohesive community concept, or individual lot sales over time. Zoning permits a construction footprint of up to 75%, creating strong development potential without the limitations typically associated with beachfront properties. The site is well suited for a boutique hotel, wellness retreat, residential enclave, or a thoughtfully designed mixed use project. Set above the coastline, the property enjoys sweeping ocean views complemented by lush jungle and mountain scenery.

The elevated position provides natural airflow, open sightlines, and consistent sunsets, enhancing both livability and long term value. Despite its sense of privacy and connection to nature, the land remains close to Santa Teresa’s surf breaks, dining scene, and everyday amenities. This balance of scale, views, and proximity makes the property especially attractive to developers and investors seeking opportunity in a maturing yet still dynamic market. This Santiago property presents a compelling canvas for a visionary project in one of Costa Rica’s most desirable coastal regions.

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Playa Hermosa, Costa Rica

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