luxury seaside apartments / penthouses for sale Cabo Velas, Costa Rica

An extraordinarily rare opportunity to acquire one of the last significant beachfront holdings on the world-renowned shores of Playa Conchal. Nestled along the powder-white sands and crystal-clear turquoise waters that have made Playa Conchal one of Costa Rica’s most celebrated destinations, this exceptional oceanfront property represents a true trophy asset in an increasingly limited luxury market. Located on the prestigious southern end of Playa Conchal, just 500 meters from the acclaimed W Costa Rica – Reserva Conchal, the property encompasses 2,804 square meters (30,182 sq. ft.) of prime beachfront land and boasts an impressive 110 meters (361 ft.) of direct ocean frontage. Opportunities to secure this level of beachfront exposure in such an exclusive setting have become virtually nonexistent. What makes this offering even more unique is that it occupies the only public road access point to Playa Conchal, one of Costa Rica’s most visited and photographed beaches. This strategic position ensures exceptional visibility, accessibility, and commercial potential, making it a truly irreplaceable asset within the region. The property is held under a beachfront concession that has recently been renewed, offering long-term security and added value for future development. Fully registered and currently operating as the iconic Rústico Restaurant & Bar, the site benefits from existing infrastructure, including water service, electricity, and a liquor license. While generating immediate operational value, it also offers exceptional redevelopment potential for a visionary investor or developer. Whether transformed into an ultra-luxury boutique hotel, an exclusive collection of beachfront residences, a world-class beach club, or a signature hospitality concept, this irreplaceable location provides the foundation for a landmark project destined to become one of Costa Rica’s most coveted coastal addresses. Surrounded by the luxury amenities of Reserva Conchal, championship golf, private beach club access, fine dining, wellness experiences, and some of the country's most prestigious resorts and residences, this property occupies a privileged position within Guanacaste’s thriving luxury corridor. This is more than a development site—it is a legacy acquisition, a generational asset, and a chance to own one of the most extraordinary beachfront properties available in Costa Rica today. A once-in-a-generation opportunity to create an iconic beachfront destination on Playa Conchal.