Location: Santa Ana, Costa Rica
2-Hectare Development Opportunity & Private Estate | Alto de Las Palomas, Santa Ana
2-Hectare Development Opportunity & Private Estate in Alto de Las Palomas, Santa Ana, Costa Rica
A Rare Investment Opportunity | 19,153 m² of Land | 2,905 m² of Existing Construction | 12 Bedrooms | 17 Bathrooms
Located in the prestigious hills of Alto de Las Palomas, Santa Ana, this exceptional 19,153 m² estate presents a rare opportunity to acquire a substantial property in one of the most desirable and strategically located areas of Costa Rica's Greater Metropolitan Area.
Combining an expansive landholding, approximately 2,905 m² of existing construction, two substantial residences, and spectacular panoramic views of the Central Valley, the property offers multiple possibilities for private ownership, corporate use, hospitality, and future real estate development.
Its location provides privacy and a peaceful natural setting while remaining conveniently connected to Santa Ana, Escazú, major business districts, international schools, shopping centers, restaurants, and key transportation routes.
A Property with Multiple Investment Possibilities
The estate currently features a main residence and a separate guest house, with approximately 12 bedrooms and 17 bathrooms combined. Its existing infrastructure and generous land area make it particularly attractive for buyers seeking a property that can accommodate a variety of residential or business-related uses.
Potential concepts include:
• Residential Development: Explore the potential for an exclusive gated residential community, condominium development, or a collection of luxury residences, subject to applicable zoning and municipal approvals.
• Hospitality & Tourism: A potential boutique hotel, luxury lodge, wellness retreat, or executive hospitality concept, subject to permitted land uses and operating approvals.
• Corporate Retreat & Executive Accommodation: An attractive option for multinational companies, corporations, and organizations seeking private executive residences, corporate retreats, or accommodation for international personnel.
• Institutional & Educational Uses: Potential for residential training facilities, educational institutions, or other organizational uses, subject to applicable regulations.
• Private Luxury Estate: An exceptional setting for a large family compound, multigenerational living, or a private residential retreat.
A New Urban Planning Framework
Santa Ana's new Municipal Regulatory Plan, published in the official gazette on October 5, 2026, establishes an updated urban planning framework for the canton, replacing the previous plan dating from 1991.
For investors and developers, this creates an important reason to reassess the development potential of strategically located properties such as this estate.
The property's three registered land parcels offer an opportunity for a comprehensive review of zoning, density, building coverage, and permitted uses under the new regulatory framework. Specific development parameters and project feasibility must be confirmed with the Municipality of Santa Ana.
Property Highlights
• Prime location in Alto de Las Palomas, Santa Ana.
• Approximately 19,153 m² (1.92 hectares) of land.
• Approximately 2,905 m² of existing construction.
• Main residence and separate guest house.
• Approximately 12 bedrooms and 17 bathrooms.
• Approximately 60 parking spaces.
• Expansive panoramic valley and mountain views.
• Private, elevated setting with excellent access to Santa Ana and Escazú.
• Three registered properties offering a substantial landholding.
• Multiple potential investment and development strategies.
Asking Price: US$3,680,000
Investment Advantages
Professionally Appraised Property
A professional appraisal is available, supporting the property's asking price of US$3,680,000 and providing additional confidence to prospective buyers and investors.
Seller Financing Available
Attractive Owner Financing Options Available for Qualified Buyers.
The property owner is open to providing seller financing under attractive interest rate terms, subject to buyer qualification, financial review, and mutually agreed terms and conditions.
This provides a potential opportunity for qualified investors and developers to structure their acquisition with greater financial flexibility.
An Opportunity for Visionary Investors
Whether you are a real estate developer, hospitality investor, corporate buyer, institutional investor, or private purchaser seeking an extraordinary estate, this property offers a combination of location, scale, existing infrastructure, and future possibilities that is increasingly difficult to find in the Santa Ana–Escazú corridor.
Contact Coldwell Banker Santa Ana Real Estate for additional information, investment discussions, and a private property presentation.
