Recently, Peninsula Papagayo had its opening day of sales for its newest development – the Ritz-Carlton Reserve. The newest Ritz Reserve has been given the name Nekajui, which is the Chorotega word for garden. With Peninsula Papagayo’s commitment to integrating a refined living experience into the breathtaking Costa Rican landscape, the name could not be more fitting. 

Held in late January, the resort's opening day saw just under $160 million in sales. The impressive figure marks a record-breaking amount within the peninsula’s real estate market, an exciting milestone for both Peninsula Papagayo and its clients. With prices for Nekajui residences ranging from $3.5 million to $15 million, the resort offers no shortage of options for the luxury-minded buyer. 

Speaking on the new development, Donald McGregor, managing director of Miami-based Gencom and the developer and co-owner of Peninsula Papagayo, said, “The pairing of Peninsula Papagayo and Ritz-Carlton Reserve is a powerful real estate vision whose time has finally come.”

Set for completion in the summer of 2024, the Nekajui resort has been designed with nature enthusiasts and adventurers in mind — for those with a desire to escape the trappings of everyday life, Peninsula Papagayo’s newest development is just the ticket. 

Nekajui will mark the fourth eco-luxury centered residence developed by Peninsula Papagayo and will border the awe-inspiring, 350,000 acre Guanacaste Conservation Area. With this natural wonder-of-the-world as a neighbor, residents will be given the unique opportunity to explore and enrich themselves with one of the defining aspects of the peninsula’s culture. 

Residents and guests can also look forward to accessing Peninsula Papagayo’s new multi-purpose sports complex. Slated to open in 2023, the complex will include a natural amphitheater, a water park with a wave simulator, a dog park, a 25-meter pool, and tennis courts, among other exciting amenities. 

"We are taking full advantage of Peninsula Papagayo's unique geography and irreplaceable infrastructure to create the ultimate coastal retreat and legacy for the next generation of members,” said McGregor. 

Inside the resort, two, three, and five-bedroom residences are still available for prospective buyers, with prices ranging from $3.5 million to over $14 million. The residences comprise an area of 2200-5200 sq. ft., with most of the homes equipped with large terraces and a private swimming pool. The homes come professionally furnished and are ready for clients upon arrival. Full access to both the Nekajui and Peninsula Papagayo’s amenities and services is also provided to owners. Offering no shortage of luxurious options, buyers will have no trouble finding a home that satisfies their own unique comforts, a reflection of the Ritz-Carlton Reserve standard.

For more information, visit Peninsula Papagayo’s website here.

The post The New Ritz-Carlton Reserve On Peninsula Papagayo Announces Record Opening Sales appeared first on Haute Residence by Haute Living.

Located in the heart of Escazu, at just 150 meters from Paco on the road to Alto de Las Palomas, Casa Magnolia is an escape from the ordinary. It offers the best of two worlds, total privacy and convenience! All kinds of first class services are readily available within minutes distance from Casa Magnolia: the Multiplaza Mall, the best restaurants, the best supermarkets, bilingual schools, stores, banks, hotels, hospitals and fast and easy access to Route 27 and the beaches of the Central Pacific Coast.

Casa Magnolia is a luxury home offered for sale in Escazu, in an authentic architectural style with a perfect balance between a country home and a city home, designed for entertaining and maximum privacy. The biggest and best surprise of all is the backyard garden. The landscape of Casa Magnolia comes in a poetic shape, with multiple hide away and relaxing places like a hanging bridge, a gazebo under the trees and walking trails inside its lush tropical gardens.

The airy social areas enjoy different ambiances and are completely connected to the outside terraces and gardens through sliding doors that let the light in and offer cross ventilation in all areas of the house. Up to 150 guest can easily be entertained in the connected living room, dining room and terrace area. The formal living room is a lavish space with floor to ceiling windows and high beamed ceilings in precious woods, complete with a wood-burning fireplace, a bar area in fine woods and a guest bathroom.

Next to the social areas you will find the elegant kitchen with a central isle and incorporated breakfast area, ample kitchen cabinetry in fine solid woods, granite countertops and large pantry.

The family room is separated by the formal social areas by a suspented glass bridge, and it is conveniently located on the opposite side of the living room. It has a private staircase that leads directly into the master suite.

Next to it you will find an ample library and office, that turns into a private refugee where the family can gather to listen to the piano, read and relax. It is the ideal place or an executive home/office, with direct access from the outside of the house, in order to make it easy to conduct meeting without disrupting the rest of the house.

The master suite is the only room on the second floor, and it is as big as it could be. It includes a nice sitting area with its own cozy fireplace, a balcony overlooking the gigantic trees, magnolia bushes and lush gardens located on the front entrance of the house and a backyard balcony overlooking the pool area and its surrounding tropical gardens. The master bathroom comes with doble vanity, Jacuzzi, shower and a separate walk-in closet.

The house was designed in such a way that all members of the family or its inhabitants in general, will have absolute privacy. There are three bungalows located next to the main house, all of them connected to the house and to each other by covered corridors and surrounded by tropical gardens. Each one of the bungalows have an outside deck, a walk-in closet and a private bathroom.

A guest house is also part of the premises of the property. This area can be used either as a guest house or as an independent caretaker´s quarters. It includes the laundry area and storage facilities. The covered garage area has space for three cars and up to 10 cars can be parked inside the property, in the parking area in front of the house.

Casa Magnolia is a house with its own soul, a home with perfect balance in harmony with nature.

Address: San José, Escazu, San Rafael, Costa Rica

Price: For rent at $7,000 furnished or For sale at $2,500,000 unfurnished

For more information, please contact Costa Rica Luxury Estates at (506) 8861-1515 or yalile@costaricaluxury.com

Costa Rica Luxury Estates is the exclusive agent representing the Costa Rica real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photos courtesy of Costa Rica Luxury 

The post This Costa Rica Home Features An Amazing Garden appeared first on Haute Residence by Haute Living.

Yalile Alpizar is the President and Owner of Costa Rica Luxury Estates. After working twelve years for international organizations, she started her real estate career in the year 1990, putting into practice advanced techniques in the areas or public relations, management, marketing and several more real estate related subjects. Besides many professional real estate courses and seminars, both local and international, she holds a Real Estate Certificate from the State University, where she graduated with honors.

She is the pioneer luxury real estate expert of Costa Rica, exclusively dedicated to the high-end market. It was back in 1997 when the company she leads closed on a multimillion deal by selling a 123 acres’ farm near the International Airport, to INTEL Corporation to install their Latin American Regional operations. This sole transaction changed the future of the whole country. Haute Residence caught up with Costa Rica Luxury Estate's owner, Yalile Alpizar, to discuss how she became involved in real estate along with what makes her business unique compared to others:

How did you get involved in real estate?

After working for a period of 10 years with two different International non-profit organizations, I was traveling a lot and my kids were very small. Suddenly a friend who is a real estate agent asked me for help with taking care of clients who didn´t speak Spanish. I was fluent in English and that helped! I started helping her part-time and after a year of doing so, back in 1990, I decided to start my own real estate company, because I found out not only that I liked real estate very much, but that this career gave me the ability to organize my schedule in a way that I could spend more quality time with my family. My company was built on the basis of family first, and up to date, it is a family company, where my four daughters, a son and my husband, aside from their own professional careers in different multinational companies, are also involved in different areas of the company depending on their professional skills: marketing, financial analysis, audiovisual production, and professional photography, strategic planning, engineering of processes, management, etc.

My daughter Andrea is the co-Broker of the company, she has been by my side as a Realtor since 16 years ago. Along the years, she has taken care of highly sophisticated clientele and has handled million-dollar closings. She is taking the company to the next level, with the energy that her young years provide, and I am by her side supporting change and innovation at all levels.

It was not until last year when we decided to open our door to a few external real estate agents with expertise in different areas of the real estate market and this year we are introducing the Costa Rica Luxury Network, a luxury affinity marketing group of highly experienced luxury real estate professionals, working closely together to facilitate the best of the best in service and expertise to their high net worth private clients, under the unparalleled marketing platform of Costa Rica Luxury. The exclusive properties represented by members of the Costa Rica Luxury Network have a list price of $1,000,000 or more.

The Costa Rica Luxury Network is a partnership of like-minded and respected real estate professionals, aiming to create networking alliances to facilitate working together to serve the needs of pre-qualified affluent and high-net-worth customers in the upper-tier market, with first-class service, brand quality, and advanced marketing strategies.

What is unique about your business compared to others in Costa Rica?

Our almost 30 years of experience working with the most advanced marketing techniques in the high-end market of Costa Rica sets us apart from any other local real estate companies in the luxury market. We lead the market with innovation and creativity, and most realtors that have entered the high-end market, have just followed out track. We have built up credibility and trust based on maintaining the highest standards of ethics, and on the understanding that we are facilitators for creating life experiences and that for our clients, finding a luxury home in Costa Rica is much more than purchasing a piece of land with a house on top of it, it has to do with a change in lifestyle, an stage in their lives that will turn into a collection of unforgettable memories for them, their families and friends.

We consider ourselves very unique. Even though Costa Rica Luxury is a totally independent family-owned company, we became one of the most respected and reputable luxury real estate companies in Costa Rica based on many years of perseverance, discipline, and effort. We are always looking for innovative ways of doing our job, in order to provide our clients with the best service. Up to date, Costa Rica Luxury has the largest inventory of million-dollar homes for sale in Costa Rica.

Are you seeing more foreign buyers buying homes in Costa Rica now compared to 5 years ago? Where are they mostly coming from?

Yes, definitely. We are experiencing more inquiries from Europe as opposed to a few years ago when most of the inquiries that we received were coming from the USA and Canada. The fact that there are now direct flights from Costa Rica to the most important capitals in Europe, has turned into discovery trips for many Europeans who come to Costa Rica to visit and want to share with the friendly Ticos (Costa Ricans) and experience the Pura Vida lifestyle. Some of them will turn into potential buyers, looking to own a second home, a vacation home or a retirement home. Some will even move their company to Costa Rica and others are top-level executives from multinational companies or Embassies, who are transferred to the country as part of their appointments inside their organization.

How do you help buyers decide on where in Costa Rica is the perfect location for them?

Buyers in the upper end are highly educated buyers who will normally do extensive research before making a decision on where to live. When they contact us they are normally very clear about where they want to live, and the decision mainly focuses on living in the Central Valley surrounded by mountains, with all of its fancy residential areas and first-class services, or living in a beach town; because our tiny country has two oceans, the Pacific Ocean and the Caribbean Sea, with thousands of beaches and hundreds of nice and relaxed beach towns in perfect harmony with nature. But we also have strong communications skills that allow us to guide our clients whenever is necessary for them to change their mind about the location so that they can find the perfect lifestyle that they are looking for during their relocation process. Given our many years in the market, we count with a large network of facilitators who come into place as part of an integral service that we provide to our clients.

What is your favorite part about being in the real estate industry?

My favorite part about being in this industry is the ability to connect with people from all over the world and speak the same language, because when it comes to finding a home, we all have the same feeling in our hearts, we want the best of the best for our families, and we are experts in helping our clients make their dreams come true, and accompanying them along the way as a local advisors and professional guides. During our many years in the luxury real estate market of Costa Rica we have helped clients coming from as far as China, Taiwan, the USA, Monaco, Spain, Germany, England, Canada, Australia, Russia, Mexico, Argentina, Austria, Hong Kong, India, Switzerland, Italy, among other countries, and each time we have experienced the same feeling.

Photos courtesy of Costa Rica Luxury 

The post Yalile Alpízar On Costa Rica’s Current Real Estate Market And What Makes It So Special appeared first on Haute Residence by Haute Living.

Luxury home in the forest, at only five minutes distance from downtown Santa Ana. Situated inside a private and secure gated community in Santa Ana, this magnificent luxury home for sale in Santa Ana was built by the Architectural and Design Firm Joaristi & Barascout, by Enrique Barascout and Aimee Joaristi, and Architectural firm of Guy Lubroth from California. It blends modern conveniences with accents of traditional details, which reminds of an elegant hacienda. The convenient location allows proximity to Escazú and Santa Ana, with all kinds of first-class services within minutes distance from the property, and several access roads.

The property offers spectacular surrounding mountain and city views, and the grounds are a haven of peaceful privacy enhanced by the private forest, magnificent pool area, large party ranch, manicured gardens, herb garden and the sound of the river passing by one of the property limits.

Comprising 991.70 m2 of under-roof space and 160.6 m2 of terraces, the luxury residence includes a refined reception hall with ample hallways with high vaulted ceilings, leading to the different areas of the house, a living room with two ambiences and double fireplace, a very large formal dining room, an elegant guest bathroom, ample family/TV room, and a large office with a mezzanine that serves as a private library. All of these areas have direct access to the terraces and gardens.

The kitchen comes with large custom made wooden cabinetry with granite countertops and plenty of cabinets for all purposes, breakfast area, a private terrace for al fresco dining, large pantry and direct access and views to the gardens and pool area.

Three spacious bedrooms on the first-floor feature hardwood floors, en suite bathrooms, and walk-in closets. The oversized master suite is located on the second floor. It comes with a designer´s bath with two rain showers, bathtub, and a stunning garden outlook. A private terrace with spectacular views, ample walk-in closet and a large office complete the space.

The house also offers an ample laundry room, maid´s quarters with full bathroom, large attic for multipurpose uses, and an entrance terrace with a water fountain.

Address: San Jose, Santa Ana, Costa Rica

Price: $1,950,000

For more information, please contact Costa Rica Luxury Estates at (506) 8861-1515 or yalile@costaricaluxury.com

Costa Rica Luxury Estates is the exclusive agent representing the Costa Rica real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photos courtesy of Costa Rica Luxury 

The post This Hacienda-Style Home In Costa Rica Has It All appeared first on Haute Residence by Haute Living.

A place where time, adventure and relaxation come together to bring an experience unlike any other. The pleasure of creating a new lifestyle where life runs at a different speed. Fine craftsmanship, authenticity, comfort, classical and stylish, restful, entertaining… the place for an adventure beyond expectations. A private world, made of natural and spontaneous elegance, which comes with a fine collection of antique European furniture. A noted German architect created the various spaces using Costa Rican hardwoods and artisans. This massive property was designed for the Countess of Baillet-Latour and it has over 43,000 square feet of total construction area. The estate is surrounded by a twelve-foot tall wall for maximum privacy and is accessed through an electronic gate. The mansion offers three separate living spaces, a main house, and two Guest Houses. An additional 300 m2 guest house is offered on a separate deal along with additional land outside of the walls that surround the mansion. The interiors of the sumptuous 12,000 square feet main home have cathedral windows, arched doorways, solid hand-carved Cristobal wood throughout the living areas, commercial kitchen, marble walkway leading to the bar, library, and billiards room. The right wing of the house encompasses a large formal dining room and a second master suite complete and one bedroom. The left wing of the house has another large master suite, two private bedrooms with en-suite bathrooms, a game room, and media room. Connecting the two wings is the spacious multi-level Grand Salon. The main guest house includes 3 guest bedrooms with private bathrooms, living area, and kitchenette. There is also a second guest house which can accommodate six more people. The swimming pool offers a swim-up bar which tends to be the center of daytime activities. The pool and adjacent Jacuzzi is a great place to eliminate accumulated stress. The tower is a unique 3 story landmark, solely devoted to pleasure. With spa area perfect for massages, a gym on the first floor and viewpoint on the top. The tower has been the center for many activities such as sunset cocktails, art classes, wood carving, cigar rolling or simply a romantic interlude for an intimate dinner or bottle of fine wine. Situated below the tower, an exciting game of tennis or golf is a great place to spend the time. The six buildings property offers 10 bedrooms, outdoor dining rancho by the pool, pool bar, three-story spa tower, and two guesthouses. Two large verandas at the Main House overlook the Gulf of Nicoya, the mountains, and the ocean with its spectacular sunsets beyond. This luxurious boutique hotel with mountain and ocean views is located about one hour away from Juan Santamaría International Airport, and about 20 minutes to Puntarenas beaches and 30 to Los Sueños Resort area in Herradura and Jacó beach.

Address: Esparza, Puntarenas, Central Pacific, Costa Rica

Price: $3,350,000

For more information, please contact Costa Rica Luxury Estates at (506) 8861-1515 or yalile@costaricaluxury.com

Costa Rica Luxury Estates is the exclusive agent representing the Costa Rica real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photos courtesy of Costa Rica Luxury 

The post Opulent Costa Rica Mansion appeared first on Haute Residence by Haute Living.

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