Groundbreaking of New Oceanfront Andaz Residences Neighborhood at Peninsula Papagayo, Costa Rica

A New Era in Luxury Living at Peninsula Papagayo

Peninsula Papagayo, renowned as the premier luxury resort community in Costa Rica, has officially commenced the construction of its second neighborhood featuring Andaz Residences. This significant milestone enhances the long-term vision of Mohari Hospitality, who has recently taken ownership of the property. This exciting development positions Peninsula Papagayo at the heart of Costa Rica's North Pacific coast, specifically at Culebra Bay, with completion slated for 2029.

The new oceanfront neighborhood will consist of 35 exquisite Andaz Residences, designed to redefine the standards of luxurious living. With an overarching theme of creating a fully serviced residential sanctuary, the development promises a harmonious blend of leisure, fitness, and productivity. Residents can look forward to enjoying a variety of amenities, such as a resort-style pool, a state-of-the-art fitness center, expansive terraces for relaxation, and social spaces that encourage community living. Additionally, the neighborhood features co-working lounges designed to meet the evolving needs of remote work.

An Exceptional Living Experience

Each Andaz Residence is crafted to enhance the indoor-outdoor experience, characterized by private plunge pools and grand rooftop terraces that feature breathtaking views of Culebra Bay. The architecture, designed by the distinguished Albuquerque-based studio, Predock, utilizes local materials that blend seamlessly with the natural landscape. The aesthetics emphasize sustainability, with passive design principles intricately woven into its fabric, creating a living environment that resonates with both luxury and responsibility toward nature.

The neighborhood is bordered by the protected forests of the Área de Conservación Guanacaste, offering residents unparalleled privacy amidst the pristine beauty of Costa Rica's biodiversity. The enclave stands adjacent to the Andaz hotel, providing seamless access to the full range of Peninsula Papagayo amenities, including the Arnold Palmer Signature Ocean Course and the members-only Clubhouse located at Prieta Beach. The community’s emphasis on sustainable living reflects in all aspects, ensuring that residents are part of a larger commitment to preserve the rich environmental heritage of the region.

Tailored Living With All the Trimmings

Residence options include two-, three-, and four-bedroom floor plans, ensuring a selection for every family size and lifestyle preference. Each unit is designed for second home living, complete with a private plunge pool and most include impressive rooftop terraces. At the heart of the community lies a private owners' clubhouse overlooking the bay, where residents can enjoy the resort-style pool and fitness facilities, alongside generous social spaces designed for gatherings and relaxation.

Day-to-day life at the Andaz Residences is managed by the Andaz Peninsula Papagayo Resort, providing a dedicated staff to cater to residents' needs. Services include 24-hour concierge support, valet parking, priority reservations, in-residence dining options, housekeeping, and an optional rental program through Andaz for added convenience.

Investment Opportunity in a Major Luxury Development

Purchasing a residence at Peninsula Papagayo presents a rare opportunity, with prices starting under $4 million. The luxurious yet fully serviced homes stand as an exceptional investment given the prestigious status of the community and its proximity to unparalleled natural beauty and amenities. The site has been designed to meet all Costa Rican government regulations for site coverage and density, ensuring uninterrupted development.

For those looking to embark upon a unique living experience intertwining luxury and sustainability, the Andaz Residences at Peninsula Papagayo represents an unprecedented residential offering in one of the world’s foremost coastal retreats.

Explore more about this unique opportunity and schedule a private preview at peninsulapapagayo.com/luxury-real-estate/andaz-residences/.