Papagayo Costa Rica
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Papagayo

Costa Rica

Listing Type

Potential

Attributes

Pricing

Introducing a Costa Rica tropical paradise, where you live not as a visitor but as someone who belongs — a co-owner of one of the world’s most unique private residences.

$450,000 ~ 1/5th ownership

$225,000 ~ 1/10th ownership

Financing Available

Lifestyle Asset Group is unveiling an unparalleled opportunity to co-own an extraordinary, newly-constructed 4-bedroom villa, located within a private resort with world-class amenities, in Papagayo, Costa Rica.

Our innovative co-ownership model brings together just five fortunate families to share equally in the acquisition of the villa, the annual operating expenses, and the reservation calendar, providing the opportunity to own and enjoy a $1,899,000 luxury villa, hassle-free, for the fraction of cost of going solo.

The Property

Introducing a Costa Rica tropical paradise, where you live not as a visitor but as someone who belongs — a co-owner of one of the world’s most unique private residences, set in an elegant boutique resort with a deep and lasting connection to its locale and people.

El Mangroove offers Autograph Collection® branded residences that have been thoughtfully designed to preserve and live in harmony amongst the property’s decades-old Cenisaro and Guanacaste trees.

Each single-family, villa-style residence features a contemporary feel that is both cutting-edge and seamless with the natural surroundings.

Villa #9 is a 4-bedroom, 4.5-bathroom, 3,832 sq. ft. residence that is truly turnkey. Each bedroom has an ensuite bathroom and is equally stunning and functional; with living spaces created for comfort. Staying true to El Mangroove’s connection to local and natural inspirations, each residence is appointed with the highest quality locally-sourced finishes and custom furniture, elegantly crafted by Costa Rican hands.

First Floor: includes an open-concept living room, kitchen, pool, terrace, BBQ area, and two bedrooms. One master bedroom and bath with dual vanity, walk-in shower, and large soaking tub. A second bedroom with double queen beds and an ensuite bathroom.

Second story: Includes an upper deck and two additional bedrooms. One king room with an ensuite bathroom, dual vanity, walk-in shower, and large soaking tub. The second room is two queens beds with an ensuite bathroom.

The villa is maintenance-free, fully managed, and serviced by the hotel’s Autograph Collection/Marriott-trained staff.

As an El Mangroove Residence owner, you will receive the following advantages:

• 20% owner discount applied at all amenities of the hotel: food & beverage, spa treatments, chef's table reservations, boating excursions, boutique purchases, and more.

• Owner discount on hotel room rates.

• Owner discount on a rental car and off-property tours coordinated through El Mangroove hotel services

• Owners Welcome Package: your Residence is stocked with refreshments upon each new visit – including fruits, snacks, soft drinks, etc.

• Guests of owners are welcome to use the hotel’s amenities when using the Residence.

Testimonials:
  • 4 bedrooms (2 Kings, 4 Queens) with ensuite bathrooms
  • 4.5 bathrooms
  • 3,832 sq. ft.
  • Sleeps 12
  • New construction to be completed in December 2023
  • Large terrace and private pool on the main level with BBQ area
  • Kitchen with high-end appliances
  • Open-concept living room with a smart TV
  • Laundry room
  • Second-floor deck
  • Close proximity to hotel and beach
  • Designated on-site parking
  • SUV that will be stored on property for all owners to use
  • Receive Marriot Bonvoy Gold Elite Status to enjoy at all Marriott properties worldwide. Benefits include room upgrades, late check-outs, and 25% more points on every hotel purchase

The Place

Costa Rica is a place of great natural beauty and home to the happiest people on the planet. El Mangroove’s enviable location is in the northwestern region of Guanacaste at the tip of the seven-mile Gulf of Papagayo.

Enjoy sweeping views of the Pacific Ocean and Culebra Bay, close proximity to National Parks, natural wonders, and ocean adventures. The area is adorned with over 400 miles of coastline and pristine beaches with year-round tropical weather and warm waters.

The artsy and bustling town of El Coco is just 12 minutes away by car and has dozens of restaurants, bars, shopping, and activities for the whole family.

The golden beaches and serene surroundings of El Mangroove are a world of their own, but not a world away – it is the country’s closest beach resort to an international airport means just 20 minutes from touchdown to sand. 20 minutes from arrival to home.

Quiet luxury and unmatched hospitality are the hallmarks of El Mangroove. Pair that with the natural wonders and ocean adventures of the highly sought-after Papagayo region right in your backyard, and you’ll realize that owning your own private Papagayo residence is the key to Pura Vida.

Marriot Resort Amenities:

  • Access to all amenities within the Marriot Resort
  • 20% owner discount on spa and ocean adventures
  • Access to resort pools, cabanas, beach, spa, fitness center, and restaurant
  • 20 minutes from the Liberia International airport
  • 12-minute drive to the closest town with restaurants, shopping, and activities for the family
  • Concierge services
  • On-site housekeeping

Costa Rica is a place of great natural beauty and home to the happiest people on the planet. El Mangroove’s enviable location is in the northwestern region of Guanacaste at the tip of the seven-mile Gulf of Papagayo.

Enjoy sweeping views of the Pacific Ocean and Culebra Bay, close proximity to National Parks, natural wonders, and ocean adventures. The area is adorned with over 400 miles of coastline and pristine beaches with year-round tropical weather and warm waters.

The artsy and bustling town of El Coco is just 12 minutes away by car and has dozens of restaurants, bars, shopping, and activities for the whole family.

The golden beaches and serene surroundings of El Mangroove are a world of their own, but not a world away – it is the country’s closest beach resort to an international airport means just 20 minutes from touchdown to sand. 20 minutes from arrival to home.

Quiet luxury and unmatched hospitality are the hallmarks of El Mangroove. Pair that with the natural wonders and ocean adventures of the highly sought-after Papagayo region right in your backyard, and you’ll realize that owning your own private Papagayo residence is the key to Pura Vida.

The Co-Ownership Model

Join forces with a select group of families to co-own a luxurious vacation property. This innovative co-ownership model allows each family to contribute only their share of the ownership costs, making luxury vacation home ownership accessible and hassle-free. Discover the ever-growing popularity and practicality of this model and enjoy the benefits of shared luxury.

THE INVESTMENT

Pricing includes the 1,899,000 purchase price, Sports Utility Vehicle for owner use, LLC reserves, interior design, inspections, title, closing costs, a syndication fee for bringing the co-owners together, and the creation of the legal contracts for the LLC.

Financing available starting at 5.99%

1/5th equity shares:

  • One-time LLC capital contribution: $450,000
  • Annual expenses: $16,000 per year
  • 8 weeks annually, plus up to 2 weeks of free space available use

1/10th equity shares:

  • One-time LLC capital contribution: $225,000
  • Annual expenses: $8,000 per year
  • 4 weeks annually, plus up to one week of free space available use

Additional Benefits:   

  • Defined 5-7 year exit strategy so everyone knows up front how and when the co-ownership ends
  • At the end of the LLC term, the property is sold, all initial capital contributions for the acquisition are returned and net appreciation is shared
  • Zero-hassle ownership and personal travel and concierge services
  • Access to 150+ properties in over 90 destinations through a membership in Elite Alliance
Get the Equity Weekly Values

If this one-of-a-kind investment opportunity resonates with you and your family we encourage you to request more information about this beautiful Costa Rica villa before the shares are spoken for.

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