Costa Rica’s Peninsula Papagayo to Unveil Luxury Oceanfront Andaz Residences, Boosting Tourism and Exclusive Living
Published on February 17, 2026
Costa Rica’s breathtaking Peninsula Papagayo is poised to elevate its status as a global hub for luxury living and tourism with the announcement of a second oceanfront collection of Andaz Residences. This fresh addition to the peninsula’s flourishing real estate landscape is not merely a development; it represents a significant milestone in the ongoing transformation of this picturesque region.
Second Oceanfront Andaz Neighborhood — What’s Being Built
Details of the New Residences
The upcoming Andaz Residences will comprise 35 oceanfront residences, artfully designed to embody luxury and comfort. These homes will feature two, three, and four-bedroom layouts, each promising sweeping views of the Pacific Ocean and the scenic beauty that surrounds them. By establishing a new standard for luxury real estate in Costa Rica, these residences invite both investors and tourists to experience a slice of paradise.
Thoughtfully crafted to enhance indoor-outdoor living, the residences will include elements that reflect Costa Rica’s rich design heritage—warm timber, textured stone, handcrafted tiles, and woven materials. Such details establish a profound connection with the local environment, immersing residents and guests in the unique aesthetic of Costa Rican nature.
Expected Completion and Amenities
Construction is set to commence in mid-2026, with an anticipated completion by 2028. Once finished, these luxury properties are designed to blend privacy with high-end resort amenities seamlessly. With features like private plunge pools and expansive rooftop terraces overlooking Culebra Bay, every corner is an oasis of relaxation.
Residents will have ready access to the amenities offered by the Andaz Peninsula Papagayo Resort, including top-tier facilities designed for ultimate indulgence. With such a setup, it’s clear that the new Andaz Residences aim to offer a living experience that goes beyond mere accommodation.
Architectural Design and Lifestyle Experience
A Perfect Balance of Nature and Luxury
The design of the Andaz Residences has been entrusted to Predock, a distinguished architecture firm celebrated for its ability to create structures that harmoniously blend with their natural surroundings. Drawing inspiration from Costa Rica’s vibrant culture and lush landscapes, the designs promise to keep residents in touch with the enchanting charm of the tropics.
Spacious terraces, large windows, and private plunge pools are integral to enhancing the indoor-outdoor flow, ensuring that each moment spent in these luxurious homes feels like a serene escape. Residents will find themselves bathed in natural light and surrounded by breathtaking views, whether it’s during the tranquil sunrises or mesmerizing sunsets.
Exclusive Community Amenities
The new neighborhood will also boast a private owner’s clubhouse featuring an ocean-view terrace, a resort-style pool, and a cutting-edge fitness center. In addition to leisure facilities, the community will include social and co-working spaces, appealing to the modern resident who seeks to balance relaxation with productivity. Meeting rooms tailored for remote work make it easier to juggle personal and professional lives, an increasingly vital aspect of contemporary living.
These developments are part of a broader strategy for Andaz-branded residential offerings at Peninsula Papagayo, a brand recognized for its alignment with luxury, comfort, and immersive local experiences. As the region evolves, it positions itself to attract high-net-worth individuals from across the globe seeking both investment and a luxurious lifestyle in Costa Rica.
How It Will Impact Costa Rica’s Tourism Industry
The introduction of these elite Andaz Residences is expected to significantly boost tourism in the region, particularly in Guanacaste, where Peninsula Papagayo is located. This luxury development will not only create new opportunities within the area but will also draw international investors and discerning travelers looking for exclusive access to Costa Rica’s pristine beaches and lush natural landscapes.
A Boost to the Local Economy
The influx of affluent tourists and new residents will undoubtedly benefit local businesses and enhance the tourism infrastructure. Costa Rica’s commitment to sustainability aligns perfectly with the eco-conscious ethos of the Andaz clientele. This luxury development will significantly contribute to the country’s economic growth, creating an array of jobs in construction, hospitality, and the service sector, further enriching the appeal of Peninsula Papagayo as a luxury destination.
The Developer’s Vision for Peninsula Papagayo
Francesca Poddie, Chief Operating Officer and EVP of Development at Peninsula Papagayo, expressed a strong enthusiasm for the growing interest in the region, noting that the decision to expand the Andaz Residences was driven by considerable demand from existing property owners. As the development of this second oceanfront neighborhood progresses, the region is set to emerge as one of the most sought-after luxury destinations globally.
Tina Necrason, Global Head of Branded Residences at Hyatt, emphasized that this new project underscores the rising demand for Andaz-branded residential properties. She highlighted that the brand’s presence in Peninsula Papagayo offers a unique combination of luxurious living and Costa Rican culture, presenting an enticing option for high-end investors and travelers seeking a unique experience.
A New Era for Costa Rica’s Luxury Tourism
As Peninsula Papagayo continues to grow its luxury offerings with the introduction of the new Andaz Residences, Costa Rica is on the brink of reinforcing its status as a premier destination for exclusive living and luxury tourism. This new oceanfront neighborhood is set to attract affluent individuals in search of a blend of comfort, privacy, and unparalleled natural beauty while simultaneously driving economic growth and generating new opportunities for the local tourism sector.
This development will redefine the luxury travel landscape in Costa Rica, making it an increasingly compelling destination for those seeking an extraordinary blend of exclusivity, rich culture, and stunning natural beauty.