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Pegasus Investments


Our gated communities in the mountains of San Ramon, Costa Rica were inspired by the spectacular views of the rolling hills, the distant ocean view and the surrounding coffee plantations.

The development is located in Magallanes in the Central Valley - at just a few minutes from San Ramon. The area is abundant with natural wildlife and carefully developed with nature in mind.

Sitting at an altitude of 1200 mtr or 3500 ft it is blessed with mild temperatures and soft, cool breezes year round. No airconditioning or heating needed! 

Come for a visit - stay for a lifetime!

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Reaching New Heights

Pegasus Las Terrazas was established in 2005 with the mission of developing extraordinary properties. Pegasus Investments always seeks out the finest investors, architects, contractors, and support staff. This enables us to be one of the Costa Rica's most respected property developers. We are especially proud of the fact that most of our owners have had properties elsewhere in Costa Rica and have chosen to purchase, build, and celebrate their homes with us as the best. 

Using the latest in design technology enables us to be on the forefront of innovation. Our projects vary from simple to simply spectacular. We specialize in residential master planned communities and pride ourselves on our ability to form productive relationships with business, utilities, and the Costa Rican government. We work with honesty, integrity, and a solid commitment to quality. We never sacrifice quality for profit. We have developed properties to maximize the beauty of this amazing paradise with the homeowner in mind.

Pegasus Investments have never waivered in our commitment to supporting the community here in San Ramon and Magallanes, Costa Rica. We have been involved in many charitable causes and civic organizations over the years. Pegasus believes in supporting the community we hope you will get to enjoy.

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Pegasus Las Terrazas is proud to offer a wide range of real estate development and consultative services to assist your move to Costa Rica. Our experts have the experience to tailor our services to meet your exact needs. We can help you select the best property, walk you through the design process, and oversee every aspect of the building process. We will ensure compliance with applicable laws and regulations, and make sure your property includes many valuable amenities. We serve as guide for both professionals and homeowners. We guarantee a pleasant and competent building experience. Our office at the entrance of "Residencias Las Terrazas" is open six days a week to accommodate all your needs.



State-of-the-Art Architectural Design

Give your property the extra special attention that will make it spectacular. Add your personal touch, or let one of our experienced architects create the property you have envisioned. All imaginable amenities and accents can be found. Select exactly the touch you want, or just be inspired. From fixtures to fountains, countertops to covered patios, you'll find it here! You will have so much fun; you will never want to leave.



Consulting Services

We can help you develop your project, and handle negotiations with all parties involved. We can assist with meeting federal guidelines, building codes, cost management solutions, and eco-friendly building practices. We have experience with all types of houses: from extravagant to simple and elegant.
From selecting the best professionals to taking action to build your house, Pegasus Las Terrazas is your best asset.



Keeping up the community

To make sure our communities stay as nice as they are and to allow them to grow in to more mature and natural environments, we take our maintenance very serious. The projects cover a total area of about 60 acres (or about 24 hectares). 
Inquire about our ecological, inventive and unique way to avoid monthly HOA fees - in fact we do not have a Home Owners Association at all!

Ready to work with us? We’re ready to help turn your idea into a tangible project.

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For qualified buyers we can offer owner financing. We have also teamed up with the local San Ramon Coop Bank to provide mortgages on our properties. Either way, you will have access to easy and affordable financing with great interest rates and terms that suit your needs.
Your dream of owning and enjoying an ocean view piece of land and home in this beautiful part of Costa Rica can come true. 
Want to find out more? Contact us!

Home: Developments


Whether you are looking for an investment, or the property of your dreams, Pegasus Las Terrazas SA offers it all.
Jose Temple will help you with everything you need!
Where dreams come home!

+506 87255221

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