More than 1,045 acres on the Nicoya Peninsula coast, over 90% set aside as private reserve: what is being built, which homes are for sale, and what to ask about the conservation promise.
Most coastal developments are sold on what will be built. Corozalito Blue Reserve is sold, first, on what will not be.
It is a master-planned community of more than 1,045 acres (423 hectares) of private land on the Pacific coast of the Nicoya Peninsula, in the canton of Nandayure, Guanacaste. The developer states that over 90% of the land is set aside as private conservation reserve, with roughly 10% used for homes and amenities — tropical forest, wildlife corridors and ocean views left largely as they are, with a limited number of residences placed among them.
That is an unusual proposition on a coast where land is usually sold by the plot and cleared to suit. This guide covers what is being built, where it is, which homes are available now, and the questions that matter most before buying into a project like this — including one about that 90% figure.
The master plan
The first phase is marketed as Serena Blue, and the plan below shows how the idea works on the ground. Roads and pathways are kept to a minimum; each building is shown as a small footprint set against the dense and medium forest around it; and the planting is specified tree by tree — species such as guanacaste, black bark, yellow bark and the corozalito palm.
It is worth reading the plan the way you would read any drawing of a development still in delivery: it is the intention, and the contract is what binds.
The 90% — and the question to ask about it
A commitment to keep more than 90% of a property as reserve is a strong selling point. It is also not the same thing as a state protected-area designation like a national park or a wildlife refuge, which carries legal protection regardless of who owns the land. Here the protection is the developer’s own commitment on private land.
That does not make it worthless — a commitment can be backed by registered restrictions on the land that bind future owners, and the better developments do exactly that. But it does mean the strength of the protection depends on how it was made. Before you rely on it, ask for:
- The instrument itself: what legal mechanism secures the reserve, and whether it is recorded against the title in the National Registry.
- Who enforces it, and what happens if the developer or its successor wished to change the plan.
- What the 10% includes: the residences, the roads and the amenities, and whether any further phases are planned.
Your own attorney, not the seller’s, should read the answer.
Where it is
Corozalito sits on the stretch of coast between Nosara and Santa Teresa, close to Playa Camaronal and Playa Bejuco. The map below places it among the beaches around it.
From north to south the nearby beach towns are Nosara, Sámara, Playa Carrillo, Playa Camaronal, Playa Bejuco and Santa Teresa. It is also the Nicoya Peninsula, one of the world’s five Blue Zones, a region known for the longevity of the people who live there — which is part of why wellness-minded buyers look at it.
The honest counterpart of a quiet coast is that it is quiet. Services, hospitals and international flights are further from here than they are on the Papagayo coast, so check the drive to the nearest hospital and to the airport you would actually use before you decide that the remoteness is a feature.
Nature, taken seriously
Sea turtles nest on the beaches along this coast, and howler monkeys, tropical birds and the forest itself are part of the setting rather than the scenery. The project is designed around that. Its published plans include wildlife-friendly lighting that is compatible with marine fauna — important where turtles come ashore at night — along with erosion control, reforestation and watershed protection.
The same material describes a community side: local employment, educational programmes, workshops, cultural activities, and waste management with composting.
These are commitments as the developer has published them. As with the conservation share, the useful question is which of them are written into the purchase documents and the community rules, and which are intentions.
What you can buy
The range described for the project includes residences with panoramic views, boutique condominiums, investment properties and custom homesites. The homes we currently have in our catalogue at Corozalito are below, with live prices.
The images on these listings are architectural renderings. Check the stage each home is at: a home sold ahead of construction is a different purchase from a finished one, and the next section is about exactly that.
Buying ahead of construction
Pre-construction is where a development like this is usually bought, because it is where the choice is widest and the price lowest. It also puts your money in before the house exists. Get these in writing:
- The schedule. A completion date, and what happens — in money and in your right to withdraw — if it is missed.
- Where your deposit sits. It should be held by a regulated escrow provider and released against milestones, not paid to the developer on signing. Our escrow guide explains how to check a provider is properly registered.
- The specification. The finishes, appliances and landscaping, attached to the contract, so that what is built can be compared with what was promised.
- The infrastructure. Where the water comes from, how the roads are maintained and by whom, and what the community fees cover.
- The title. What kind of title the plot is held under. If any part of it falls close to the shoreline, our guide to oceanfront concessions explains why that changes the purchase.
If you plan to finance part of it, see the financing guide, and confirm early whether a lender will lend on a home that is not yet built.
Is it a good investment?
We do not quote appreciation rates for any area, and we would be wary of anyone who does: Costa Rica publishes no register of sold prices, so a growth figure is an estimate. What can be said is more modest. Inventory here is limited by design, the surroundings are protected by commitment if not by statute, and sustainability is a growing reason to buy. Against that, this is an early-stage community on a quiet coast, with the infrastructure, neighbours and amenities still arriving. For some buyers that is the opportunity; for others it is the risk. Which of the two it is for you depends on how long you plan to hold and how you plan to use the home.
Frequently asked questions
Where is Corozalito Blue Reserve?
How big is it, and how much of it will be built on?
Is the reserve legally protected?
What can I buy there?
Are the homes finished?
Take the next step
If Corozalito is on your shortlist, tell us what you are looking for and we will confirm which homes are currently available, share the plans and arrange a visit. You can also see everything we list at Corozalito Beach, explore Nandayure, or search the whole catalogue.
Images are architectural visualisations and developer-published plans of a community still being delivered; finished buildings and landscaping may differ. Figures on size, conservation share and community programmes are those published by the developer at the time of writing and are not independently verified. Listing prices are drawn live from our catalogue and may change. This is general information, not an offer or legal advice.
