TerraEvo and Kapeta Group
Playa Blanca, Costa Rica
TerraEvo and Kapeta Group Announce Landmark Oceanfront Luxury Resort, Wellness Spa & Branded Residences Development in Playa Blanca, Costa Rica
Playa Blanca, Guanacaste, Costa Rica
TerraEvo, in partnership with the Kapeta Group, has announced the development of an exclusive oceanfront luxury destination in Playa Blanca near Tamarindo, Costa Rica. The master-planned project will feature a world-class five-star resort, luxury wellness spa, and approximately 150 ultra-luxurious branded residences, setting a new benchmark for luxury living and hospitality in Central America. Located along the pristine Playa Blanca coastline, the development will offer breathtaking ocean views, premium resort services, wellness-focused living, and exceptional hospitality. Designed to become one of Costa Rica’s most sought-after luxury destinations, the community will cater to discerning homeowners, investors, and international travelers. Key amenities will include luxury oceanfront accommodations, a signature wellness spa, fine dining, private beach access, concierge services, resort-style pools, fitness and wellness centers, exclusive owners’ lounges, property management services, and sustainable design integrated with Costa Rica’s natural environment. “This project combines Costa Rica’s natural beauty with world-class hospitality, wellness, and luxury living,” said Shon Kapeta, Founder and Owner of the Kapeta Group. “Our vision is to create one of the region’s premier beachfront destinations.” Tareque Pirzada, CEO of TerraEvo Group, added, “This development reflects TerraEvo’s commitment to creating iconic destinations that deliver long-term value through strategic investment, sustainable development, and exceptional hospitality.”
Strategic Partnership
The Playa Blanca Resort & Residences project combines the Kapeta Group’s extensive local development expertise and over 20 years of experience in Costa Rica with TerraEvo’s international investment platform, construction capabilities, procurement expertise, and global business network. Together, the partners aim to deliver a world-class luxury destination that redefines beachfront living in the region.
About Kapeta Group
Led by Shon Kapeta, the Kapeta Group has established a strong reputation in Costa Rica’s real estate and hospitality sectors through successful developments including Tamarindo Heights Private Gated Community, Garden Plaza Shopping Center, and Ocho Artisan Bungalows Beachfront Boutique Hotel.
About TerraEvo Holdings
TerraEvo Holdings is an international investment and development company with interests in real estate, infrastructure, renewable energy, hospitality, and sustainable development. The company focuses on delivering high-value projects that create long-term economic and social impact across global markets.
About TerraEvo Building Materials Trading LLCTerraEvo Building Materials Trading LLC serves as the procurement and construction materials arm of the TerraEvo Group, providing integrated manufacturing, sourcing, and supply solutions for residential, commercial, hospitality, and mixed-use developments.
Vision for Playa Blanca
The Playa Blanca Resort, Wellness Spa & Branded Residences represents a new generation of luxury coastal development where world-class hospitality, wellness, sustainability, and premium real estate converge. Through the combined expertise of TerraEvo Group and Kapeta Group, the project aims to establish Playa Blanca as one of the most desirable luxury beachfront destinations in the Americas.