Property for sale in Playa Flamingo

6 properties available in this area.

6 Properties availableincluding 3 to rent
$545,000 Median asking pricefrom 3 listings

Figures are asking prices from our own current listings, updated as the catalogue changes — not sold prices. Costa Rica has no public register of sale prices, so no one can honestly publish those.

Playa Flamingo is a neighbourhood of Cabo Velas, and we currently list 6 properties here. Most of what sells here is beach property — houses and apartments within reach of the sand. The median asking price is $545,000, close to the provincial median. Rentals here ask a median of $3,700 a month, an indicative gross yield of 8.1%.

About the area

Playa Flamingo

We are writing up this area. In the meantime the listings below are live, and the figures above come straight from them. Ask us anything about Playa Flamingo — our team works here and will tell you what the page cannot yet.

Who Playa Flamingo suits

  • Second-home buyers who want the Pacific within walking distance
  • Anyone wanting to rent first and decide later
  • Buy-to-let investors looking at rental return rather than resale
  • Business buyers after premises, a hotel or development land

What this area has going for it

  • Beach property is the norm here rather than the exception
  • An active rental market — 3 places to rent, so you can live here before you buy
  • Indicative gross yield of 8.1%, among the stronger areas we cover
  • Commercial premises and development land alongside the housing
Available now

Property in Playa Flamingo

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Questions

Buying in Playa Flamingo

How many properties are available in Playa Flamingo?
We currently list 6 properties in Playa Flamingo, of which 3 are available to rent. The figure moves as listings come and go — the count on this page is read from our own catalogue each time it loads.
How much does a property cost in Playa Flamingo?
Asking prices currently run from $1,500 to $9,800,000, with a median of $545,000. These are asking prices from our own listings. Costa Rica keeps no public register of sold prices, so nobody can tell you honestly what places actually sold for.
Can I rent in Playa Flamingo instead of buying?
Yes — 3 of our 6 listings in Playa Flamingo are long-term rentals, asking a median of $3,700 a month. Renting for a season first is the usual advice for anyone who has not lived in the area through both the dry and the green season.
What rental yield can I expect in Playa Flamingo?
On current listings the indicative gross yield is about 8.1% — median asking rent over twelve months divided by median asking price. Those are two different sets of properties, so treat it as a rough guide rather than the return on any particular purchase, and remember it is before management, maintenance, tax and vacancy.
What kind of property can I buy in Playa Flamingo?
The most common listings here are beach land (2), office space (2), beach apartments (1), beach house (1). Use the search to filter by type, budget and bedrooms.
Can foreigners buy property in Costa Rica?
Yes. Foreign buyers hold the same ownership rights as Costa Rican citizens over titled (fee simple) property, with no residency requirement. The main exception is the maritime zone along the coast, where the first 50 metres from the high tide line is public land and the next 150 metres is normally held on concession rather than owned outright, with limits on foreign-held concessions. Always have a Costa Rican lawyer check the title and its registry entry before you commit.