Reigning over the Gulf of Papagayo’s gentle curve, Papagayo hugs Guanacaste’s coast from roughly Punta Santa Elena south to Punta Gorda, with Bahía Culebra (Culebra Bay) as its shining focal point. The region is known for its excellent infrastructure, gentle waters, and ultra-high-end real estate, thanks to a handful of upscale resorts and gated communities. 

Oceanfront with spectacular beaches, close to the international airport (~40 minutes), and near every major amenity in Costa Rica, Papagayo is the epitome of a tropical paradise. And that’s why it has drawn so many, including luxury developers that created some of Costa Rica’s most iconic gated and resort communities, including the Four Seasons, Reserva Papagayo, El Mangroove, Las Terrazas, Peninsula Papagayo, and Villas Diria.

Prices start around $100,000 for building lots and homesites; $1M for luxury condos and townhomes; and $550,000 for single-family homes and villas. Luxury properties start at around $1M.