Announced

Velara Resort & Residences

Velara Resort & Residences is a wellness-led resort and branded residential community planned on 17 acres along the remote coastline of Playa Azul, near Marbella Beach on Costa Rica's Nicoya Peninsula, one of the world's recognized Blue Zones.

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Details

7 floors, 63 residences and 90 hotel keys.

The story so far

Billed as the country's first biologically optimized resort, Velara pairs a 90-key resort with 63 private residences, a mix of ocean-view condominiums, penthouses and standalone villas, and is described by its developer as the only high-rise residential property permitted along this protected stretch of Guanacaste coast. Homeowners can place their residences in a resort rental program. The program is anchored by the Raiz Wellbeing Center and spa of roughly 25,000 square feet, offering advanced diagnostics, regenerative therapies, biometric tracking, recovery treatments and guided health programs, alongside a performance center of about 50,000 square feet. Residences connect to a harmonization platform that integrates wearable data with in-home environmental sensors, while two culinary concepts built around nutrition and the Marea Beach Club with direct Pacific access round out the amenities.

Expected opening date TBD
Phasing set for the 17-acre Playa Azul site Mar 19, 2025

Velara pairs 44 ocean-view condominiums including four penthouses with 32 bespoke private villas and a 52-key resort running an owner rental programme, with phase one covering the resort expansion and residences and full delivery following.

prnewswire.com
Sales launched Mar 19, 2025

Velara unveiled with residences sales launched, 44 ocean-view condos (incl. 4 penthouses) + 32 villas + 52 keys on 17 acres at Playa Azul; founder-tier pricing for early buyers.

prnewswire.com
Announced 2025 est.

Announced/unveiled March 2025, Velara, billed as Costa Rica's first biologically optimized resort & residences, on the Nicoya Peninsula's Blue Zone (Playa Azul), 17-acre site; final delivery early 2027.

prnewswire.com
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 26, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

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Common questions

Frequently asked

Where is Velara Resort & Residences located?

Velara Resort & Residences is located in Nicoya Peninsula.

When will Velara Resort & Residences be built?

Velara Resort & Residences is an announced development that has not yet started construction.

Who is developing Velara Resort & Residences?

Velara Inc. is the developer behind Velara Resort & Residences.

How big is Velara Resort & Residences?

Velara Resort & Residences rises 7 stories with 63 residences and 90 hotel keys.