Listings
Leisure Investment Properties Group is pleased to exclusively offer the opportunity to acquire Tres Volcanes Golf & Country Club (also referred to as “the Club” herein) in Guanacaste Province, Costa Rica.
Tres Volcanes, designed by renowned architect Pete Dye and built in 2003, is located in the mountainous region of Guanacaste. It’s one of the few golf clubs in the province, featuring an 18-hole course spread across 105 acres with stunning views of three volcanoes. The property is part of a luxury residential community and includes approved land for future hotel development.
This is a rare opportunity to acquire one of the few fully permitted golf properties in Costa Rica’s Guanacaste province—complete with an approved parcel next to the course, allowing for a 150+ key hotel development. Strict permitting requirements and limited irrigation water make it difficult to build new courses in the area, creating a high barrier to entry. Strategically located near multiple luxury 5-star resorts with no golf offerings, this project is perfectly positioned to fill a high-demand gap in the market. Fully zoned, this asset offers a unique opportunity to create a world-class golf experience in one of Central America’s fastest-growing luxury destinations.
❖ Priced at Market Bid
Upside Potential:
❖ Hybrid Club Model: Stabilized Estimated EBITDA (EOY 5) - $3,227,336
❖ Luxury Boutique Hotel: Stabilized Estimated EBITDA (EOY 5) - $5,381,618
❖ Prime location in Guanacaste Province—just 30 minutes from an international airport and 20 to 50 minutes from multiple 5-star resorts.
❖ High barrier to entry—Strict permitting requirements and the need to use desalinated water make building new golf courses difficult, costly, and time-consuming.
❖ Nearly $5 million has been invested by the current owner to reposition Tres Volcanes through significant infrastructure improvements, financial stabilization, and amenity upgrades.
Tres Volcanes Golf & Country Club
Guanacaste Province, Costa Rica
- Executive Summary (3.2MB)
- Offering Memorandum (10.9MB)

