Read the full article by Forbes Magazine here
Some of the hottest real estate in Costa Rica is in the lesser-known northwestern Guanacaste region that borders the Pacific Ocean. Costa Elena is a master-planned resort community and ocean club adjacent to the Area de Conservación Guanacaste, a UNESCO World Heritage site comprised of 147,000 hectares of protected bio-diverse land that harbors many threatened species.
Costa Elena has 3,000 acres of land and and 10 miles of some of the most secluded coastline in the country, and its focus is sustainable luxury. The project was developed by Nicaraguan billionaire Don Carlos Pellas.
The property launched with Bay Villas in 2022, with sold out quickly, and phase two is Sunset Villas, with homesites available from $550K and four- and five-bedroom turnkey villas from $2.35M. Residents will have access to a unique Ocean Club experience with a range of exclusive amenities, including shops, restaurants, a café, fitness and wellness facilities, hiking and biking trails, three beach clubs and a nature preserve. The first private beach club just opened on the white-sand beach, canopied by lush jungle plants with a tranquil infinity pool, several private lounge spaces, thatched roof palapas, and a beach restaurant.
Each home comes with property management, concierge services and a rental program managed by Inspirato. Rental guests, as well as owners, have access to all property amenities, including the restaurants, pools, spa and gym.
