Tropical Architectural Luxury with Exceptional Hospitality Potential - Positioned within the exclusive Peninsula Papagayo in Nacascolo, Guanacaste, Villa Enoki is an exceptional six-bedroom tropical estate created around one of Costa Rica's most valuable luxury-property propositions: privacy, dramatic Pacific views and access to an internationally recognised resort destination. The residence accommodates up to 16 guests across six bedrooms and 8.5 bathrooms, with architecture by Costa Rican architect Mario Vargas and a design philosophy that integrates contemporary forms with the surrounding landscape.

Perched on a secluded clifftop overlooking Bahía Culebra, Villa Enoki combines expansive indoor-outdoor living with a luxury hospitality profile. Its ability to accommodate large groups, together with its resort-style amenities and highly desirable Papagayo location, gives the property relevance beyond conventional residential ownership. It is an asset capable of functioning simultaneously as a private tropical retreat, a high-end vacation rental and a scarce piece of luxury real estate.

Estimated Market Value

Estimated Current Market Value

US$8.0 Million – US$10.0 Million

Approximately R140 Million – R175 Million

The KeyPrice estimate is positioned above a recently marketed six-bedroom Peninsula Papagayo residence at approximately US$7.5 million, while recognising the additional hospitality appeal and distinctive architectural positioning of Villa Enoki.

The valuation reflects:

• Prime Peninsula Papagayo positioning
• Six-bedroom / 16-guest capacity
• Exceptional ocean and Bahía Culebra views
• Architectural pedigree
• 8.5-bathroom configuration
• Luxury vacation-rental capability
• Scarcity of large-format villas within the peninsula
• Access to one of Costa Rica's most prestigious resort environments

This should be regarded as an indicative KeyPrice market estimate, rather than a formal appraisal.

Luxury Rental Performance

Current Advertised Rates

Villa Enoki is currently marketed at approximately:

From US$7,000 per night

with rates reaching approximately:

US$15,000 per night

Other 2026 published rates for Villa Enoki show approximately US$6,000–US$8,500 per night during several months, while the broader published rate range reaches US$16,000 during the Christmas period.

This places Villa Enoki firmly within the upper echelon of Peninsula Papagayo's luxury villa market.

Investment Appeal Scenarios

For investment modelling, a blended annual rate is more meaningful than using the property's highest advertised nightly rate.

Conservative Scenario

Average Nightly Rate: US$7,500

Occupancy: 35%
128 nights annually

Estimated Gross Annual Income

US$960,000

Approximately R16.8 Million

Balanced Scenario

Average Nightly Rate: US$9,500

Occupancy: 45%
164 nights annually

Estimated Gross Annual Income

US$1.56 Million

Approximately R27.4 Million

Premium Scenario

Average Nightly Rate: US$12,000

Occupancy: 55%
201 nights annually

Estimated Gross Annual Income

US$2.41 Million

Approximately R42.5 Million

Figures are illustrative gross-revenue projections before management fees, staffing, operating expenses, taxes, maintenance, insurance and other ownership costs. ZAR conversions use an illustrative US$1 = R17.60 exchange rate for modelling purposes.

Indicative Gross Rental Yield

These headline yields should not be interpreted as net investment returns. Luxury villas carry significant staffing, management, maintenance, utilities, insurance, taxes and refurbishment costs. Nevertheless, the potential gross income demonstrates why Villa Enoki can be viewed as a hospitality-oriented luxury asset rather than simply a residential property.

Why Investors Are Drawn to Peninsula Papagayo

Peninsula Papagayo occupies a particularly strong position within Costa Rica's luxury tourism economy. The private peninsula encompasses approximately 1,400 acres and has deliberately limited development, helping preserve the exclusivity and natural environment that underpin its luxury positioning.

Key investment fundamentals include:

• Extremely limited supply of trophy villas
• Strong international luxury-tourism demand
• Premium Pacific Ocean setting
• Established high-end resort ecosystem
• Proximity to Liberia International Airport
• Strong demand for private group accommodation
• Growing preference for villa-based luxury travel
• Significant pricing power during peak holiday periods
• Scarcity value created by controlled development

The rental market demonstrates the strength of the location. Current published Peninsula Papagayo rates for comparable 5–6 bedroom trophy residences can reach approximately US$8,500–US$14,500 per night during the high dry season, with Christmas/New Year rates considerably higher.

Villa Enoki's advertised pricing therefore sits comfortably within the established luxury hospitality ecosystem of the peninsula.

The Group-Travel Advantage

One of Villa Enoki's most compelling investment characteristics is its ability to accommodate 16 guests.

That dramatically changes the economics of the property.

Rather than competing primarily with conventional luxury hotels, the villa competes for:

Multi-generational family holidays

Private celebrations

Corporate retreats

Wellness and lifestyle groups

Luxury destination travel

Friends travelling together

A six-bedroom estate can command a substantial premium because the total accommodation cost is distributed across a large group.

At a US$9,500 nightly rate, for example, the accommodation cost equates to approximately US$594 per guest per night for a full 16-person occupancy—before considering the additional privacy, space and exclusive-use advantages of the villa.

Scarcity as an Investment Driver

Luxury property investment is often driven less by the quantity of available real estate than by the scarcity of the right real estate.

Villa Enoki sits within a particularly scarce category:

Large-format + ocean-view + architectural + resort destination + private-use + income-producing.

That combination is difficult to replicate.

A comparable six-bedroom property currently marketed within Peninsula Papagayo is asking approximately US$7.5 million, while substantially more exclusive new luxury residences within the destination can command prices many times higher.

This creates an unusually broad luxury market around Villa Enoki and provides a degree of valuation support from both established and ultra-prime properties.

Investment Appeal

Villa Enoki is particularly suited to investors seeking:

✓ Premium short-term rental income

✓ Trophy coastal real estate

✓ International portfolio diversification

✓ Long-term wealth preservation

✓ Personal-use luxury ownership

✓ Multi-generational family accommodation

✓ Exposure to Costa Rica's luxury tourism economy

✓ Scarcity-driven capital appreciation

Its greatest strength is arguably its flexibility. The owner can treat Villa Enoki as a private family compound, a luxury hospitality asset or a combination of both.

The Investment Perspective

The strongest luxury properties increasingly function as hybrid assets—combining residential ownership with hospitality economics.

Villa Enoki fits this model exceptionally well.

Its six-bedroom configuration, 16-person capacity, architectural identity and extraordinary Pacific setting create a property that can generate substantial accommodation revenue while simultaneously preserving the lifestyle benefits of private ownership.

The Balanced Scenario suggests potential gross annual revenue of approximately US$1.56 million, or roughly R27.4 million, before operating expenses. Even after allowing for the substantially higher cost base associated with professionally operated luxury villas, the underlying revenue capacity is compelling.

More importantly, the investment case is not dependent solely on rental income.

Villa Enoki benefits from the long-term characteristics investors typically seek in trophy real estate: scarcity, location, architectural distinction, international demand and limited substitutability.

For sophisticated investors, this combination creates an attractive proposition—an asset capable of generating meaningful hospitality income while providing access to one of Central America's most exclusive coastal environments.

Villa Enoki is not simply a place to stay. It is a scarce tropical asset with the potential to perform as both a private sanctuary and a luxury hospitality business.

Own the sanctuary. Capture the demand. Invest in scarcity.