There’s a quiet transformation happening on Costa Rica’s north Pacific coast, and it’s about to get a lot louder. Marriott has officially announced plans for The St. Regis Papagayo Resort and Residences, and if the renderings are anything to go by, it’s going to raise the bar for luxury living in Central America.
Set on nearly 50 acres of pristine oceanfront on the Gulf of Papagayo, this new development is one of the most ambitious Costa Rica has ever seen. We're talking 120 hotel rooms, 143 branded residences, a curated collection of restaurants, and—ready for this?—a $30 million penthouse that’s on track to become the most expensive property in the country.
Why Papagayo?
If you're unfamiliar with Papagayo, you're not alone. Tucked away in Guanacaste Province, this exclusive enclave has been quietly building momentum for the past two decades. First came the Four Seasons in 2004, then Andaz in 2013, and just this year (2025), the Ritz-Carlton Reserve, Nekajui opened its doors. It’s been a slow and steady rise—but now, with St. Regis entering the mix, things are about to shift into high gear.
Just 25 minutes from Liberia International Airport, Papagayo offers something truly unique: seclusion and sophistication, surrounded by protected natural beauty. The beaches might not be as turquoise as the Caribbean’s, but the lush jungle, dramatic cliffs, and stunning sunsets more than make up for it.
The Residences: Luxury Meets Lifestyle
Let’s talk about the residences, because that’s where things really get interesting—especially if you're an investor, a second-home seeker, or just someone dreaming of a lifestyle rooted in luxury and nature.
The showstopper is the Astor Mansion Penthouse, clocking in at over 21,000 square feet. It includes six bedrooms, eight bathrooms, a private gym, a wine cellar, and its own infinity pool. It's everything you'd expect from the St. Regis name—but with a tropical soul.
Every homeowner will have access to the resort’s top-tier amenities: multiple pools, a private Volcano Club with chef-driven dining, a world-class spa, and of course, the St. Regis Bar—home of their legendary Bloody Mary. There's also a Beach Club & Grill with Afro-Costa Rican flavors and sweeping views of the gulf, plus dedicated clubs for kids and teens, making this a place for families and legacy living, not just luxury getaways.
A Magnet for Global Investors
Unsurprisingly, Miami buyers and international investors are already circling. It’s less than a three-hour flight from South Florida, and with Costa Rica offering temporary residency to anyone who invests $200,000 or more in property, it’s not just a lifestyle upgrade—it’s a savvy move.
According to real estate insiders like Tim Fenton and Michael Kalb, the appeal lies in a rare combination of access, exclusivity, and eco-conscious design. Over 55% of the land is being preserved as green space, which not only protects the environment but also limits supply—something every smart investor watches closely.
Costa Rica also allows 100% foreign property ownership, and its economy is tied to the U.S. dollar, creating more stability for international buyers. With global demand for sustainable, luxury properties on the rise, the long-term value here is hard to ignore.
It’s Not Just a Home—It’s “Pura Vida” Living
What I love most about this development is that it doesn’t just sell square footage—it sells a way of life. “Pura Vida” isn’t just a slogan here; it’s baked into every part of the experience. The architecture blends into the land. The food celebrates local culture. The air is cleaner. The pace is slower. And whether you're paddleboarding at sunrise or sipping cocktails as the howler monkeys call in the distance, you feel like you're part of something deeper.
So yes, this is a big deal. Not just for Papagayo. Not just for Costa Rica. But for anyone who's ever dreamed of owning a piece of paradise without compromising on elegance, comfort, or global connectivity.
And if you ask me? The clock is ticking on this secret staying secret. More info - https://srresidencespapagayo.com/?as=VztKSWjN%2FkQ%3D&as_t=SoiWwtPkrmT7m...
Michael Mills - Managing Broker Tres Amigos Realty Group & Prestige Ocean Properties
Cell 011-506-8867-6929 Toll Free USA and Canada - 1-877-293-1456
Email: michael@costarica-realestate.com Web Site: http://www.costarica-realestate.com