Overview

Property ID: MLS-50209

Villa
Property Type

8
Bedrooms

8
Bathrooms

1,830 Square Meter
Area Size

Description

Oceanview Villa Compound with Expansion Rights – Titled Lots in Prime Santa Teresa

Price: $4,500,000 (Entire Project)
Location: Santa Teresa, Costa Rica
Land Area: 1,829 m² (plus additional building rights)

Property Overview

A truly unique opportunity in Santa Teresa — this luxurious oceanview compound includes two modern villas and sits on two fully titled, flat lots, ready for further development. Located in a tranquil area just minutes from the beach, this investment offers both move-in-ready living and extraordinary expansion potential. With 75% buildable area, permits in place, and the ability to construct up to three stories, this is a rare find for developers, investors, or those seeking a future-proof family estate. Construction on the project has already begun, ensuring momentum and progress for the next owner.

Key Features

Two Fully Built Villas
- Villa 1: 276 m²
- Villa 2: 337 m²
- Combined total of 613 m² used from the 75% buildable allowance
- Both villas feature 3 spacious bedrooms, private pools, and luxury finishes
- Each villa has a separate electric breaker and private entrance
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Development-Ready Lots
- Total land: 1,829 m²
- 75% buildable
- Titled, flat land with AYA water and electricity in place
- Approved building permits included
- Up to 3 stories can be built
- Villas can be expanded vertically into two-story homes
Infrastructure & Extras
- Fast internet and social media presence in place
- Separate entrances for each villa and future construction
- Construction has already started, saving time and maximizing investment efficiency
- Airbnb-ready layout with proven rental demand

Owner Financing Available

Why Invest in This Property?

Ocean Views & Privacy – Elevated location with panoramic views and serene surroundings
Immediate ROI Potential – Turnkey villas perfect for luxury vacation rentals or full-time living
Titled & Permitted – Full legal certainty for ongoing and future development
Built for Expansion – Add more homes, amenities, or wellness retreat features on already-prepared lots
Fully Equipped – AYA water, electricity, internet, and infrastructure all in place

Whether you’re looking for a premier family estate, a boutique rental business, or a secure real estate investment in Santa Teresa’s rapidly appreciating market, this property offers the perfect blend of luxury, scalability, and location.