Price: $1,760,000
Location: Santa Teresa, Costa Rica
Lot Size: 853 m² (Titled)
Development Potential: Up to 3 floors with ocean view
This exceptional property, located in the heart of Santa Teresa and just steps from the vibrant Eat Street, presents an unparalleled investment opportunity. With breathtaking ocean views and the potential for expansion, this property is perfect for those looking to capitalize on Santa Teresa’s booming real estate market.
Property Overview
Current Structures:
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- 4 Units: Each unit is 1 bedroom and 1 bathroom, designed for comfortable living or rental use.
- 1 Villa: Featuring 2 bedrooms and 2 bathrooms, ideal for luxury short-term stays or as a main residence.
Key Features:
- Build Up to 3 Floors: Utilize the entire lot to develop up to three stories, maximizing the ocean views and rental potential.
- Prime Location: Situated next to Santa Teresa’s Eat Street, offering easy access to popular restaurants, shops, and the main attractions of this lively beach town.
- Versatile Potential: Perfect for boutique accommodations, vacation rentals, or a private residence with rental units for additional income.
- Ocean Views: A rare find with panoramic views that can be enhanced with multi-level construction.
Investment Highlights:
- Titled Property: Secure ownership with a fully titled lot.
- Expansion Ready: The land size and zoning allow for significant development, making it ideal for adding more units or building a luxury multi-floor property.
- High Rental Demand: Santa Teresa is one of Costa Rica’s most sought-after destinations, ensuring consistent rental income and high occupancy rates.
Don’t miss out on this unique opportunity to own a piece of Santa Teresa’s rapidly appreciating real estate market. Whether you’re an investor or looking for your dream coastal home, this property offers a blend of luxury, convenience, and untapped potential.
Contact Real Estate Grupo for more information and to schedule a private viewing
📞 Phone: +506 8896 1661
✉️ Email: info@realestategrupo.com
🌐 Website: realestategrupo.com
Invest in the future of Santa Teresa with this prime, ocean-view property.