
Golf is one of the most popular activities at the peninsula. Also close by is hiking in Costa Rican National Parks and visit local villages and historic sites in the surrounding areas. Outdoor activities include deep-sea fishing, boat cruising, snorkeling, scuba diving, surfing, windsurfing, sea kayaking, white-water rafting, forest canopy tours, horseback riding. Since much of Papagayo Peninsula remains undeveloped, there are multiple outdoor activities available. Once finished the marina should be able to hold up to 450 boats at a time. Marina Papagayo, with its sheltered and peaceful location serves as both a strategic harbor and pleasure stop for boaters. The project site rests on 2,300 acres (9.3 km 2) of Costa Rican land. Phase I includes 180 boat slips capable of supporting private boats ranging anywhere from sport fishing boats to mega-yachts. Phase I of the Marina Papagayo was opened to boaters on January 13, 2009. The marina project is being developed in order to attract sport fishing yachts and motor cruisers migrating along the coast of the Pacific Ocean. They have also developed various marinas in the United States, Mexico and the Dominican Republic. The company responsible for the project is Brandy Marine, Inc. The marina basin is located on the southwest side of the peninsula and is next to the Four Seasons Resort. The project is part of a long-term tourism project to enhance opportunities for visitors and residence of Peninsula Papagayo. The Papagayo Marina is an ongoing project designed and developed by a firm from Sarasota, Florida. Contact information for the Four Seasons Costa Rica office handling real estate sales can be found on the Peninsula Papagayo website. The Playa Prieta beachfront estates, the sole beachfront property choice along the peninsula's 15 miles of coastline, are another alternative for a home. Additionally, there are condos in the neighborhood named Las Terrazas that look out over the fairways of the Arnold Palmer Golf Course and the Bahia de Culebra. Each private estate owner has access to the Four Seasons Resort's amenities, including housekeeping, room service, use of the Arnold Palmer Golf Course, the hotel spa, and access to the pool and fitness center. Private estates and villas are available in their own region at the Four Seasons Resort.

Custom private estates, home sites with ocean views and oceanfronts, as well as opulent condominiums and villas are among the residential options offered in the Peninsula Papagayo real estate's first phase. As a group of estate mansions, it is situated among the peninsula's hills. The first luxury resort and development venture in Central America to be ecologically friendly is called Peninsula Papagayo. The Four Seasons Resort has been received numerous awards specifically from Travel + Leisure like the 500 World’s Best Hotels in 2009, the World's 3 Best Service 20 until 2022, 25th on the World's Number One Family Beach Resorts in 2016 and the number one resort in Latin America. As of 2018, the peninsula is home to 3 resorts: the Four Seasons Costa Rica, the Andaz Peninsula Papagayo Resort, and Planet Hollywood Beach Resort Costa Rica. Papagayo Peninsula is becoming an increasingly popular tourist destination. A view of the beach from the Four Seasons in Papagayo Resorts and Hotels
