In a large mixing bowl, combine 2 cups of shredded sweetened coconut flakes, 1/4 cup of condensed milk, 1 teaspoon of vanilla extract, and 1/4 teaspoon of salt.

Mix the ingredients together until they are evenly combined.

Cover the bowl with plastic wrap and refrigerate for 30 minutes.

While the coconut mixture is chilling, in a saucepan over medium heat, combine 1/4 cup of granulated sugar and 1 tablespoon of water.

Stir the mixture constantly until the sugar dissolves and the mixture starts to turn golden brown.

Remove the saucepan from heat and carefully pour the caramel mixture over the coconut mixture.

Use a spatula to quickly stir the caramel and coconut mixture until it is well combined.

Allow the mixture to cool for 5 minutes.

Use your hands to shape the mixture into small balls about 1 inch in diameter.

Place the balls on a baking sheet lined with parchment paper and let them cool for 20 minutes.

Once cooled, serve and enjoy your Costa Rican Bolitas de Coco!