Overview

Property ID: MLS-52996

Ocean view
Property Type

7,787 Square Meter
Area Size

Description

Ocean View Development Property with Approved Plans – Malpaís, Costa Rica

Price: $1,200,000 USD
Location: Malpaís, Puntarenas, Costa Rica
Lot Size: 7,787 m²

A Rare Oceanview Opportunity in Malpaís

Located in the serene hills of Malpaís, this 7,787 m² property offers uninterrupted 300° panoramic ocean views, ideal topography, and fully approved architectural plans for a luxury, eco-conscious development. Set within a natural landscape and just minutes from the beach, the property is an exceptional canvas for those seeking to build a boutique hotel, high-end rental project, or private retreat in one of Costa Rica’s most desirable coastal destinations.

Main luxury residence with expansive ocean views
Five guest casitas – perfect for Airbnb rentals or eco-lodging
Reception and laundry facility for hospitality operations
Guest parking area for seamless visitor access

All structures are designed to be elevated on steel foundations, requiring no excavation or tree removal—preserving the natural terrain and aligning with sustainable building practices.

Zoning and Buildability

Uso de Suelo approved for: residential, commercial, and quebrada protection zone
Constructive footprint: up to 75% of the land
Minimum buildable lot size: 120 m²
Maximum building height: 1.5x the adjacent street width (single-story permitted)
Setbacks:
- 3 meters (lateral and posterior)
- 7 meters (road protection zone)
- 9 meters (construction alignment)

This property meets the ideal parameters for eco-tourism development and is compatible with luxury real estate standards in the area.

Utilities and Permitting

Water and electricity available on-site
SETENA approval possible for projects over 500 m²
Ready for execution with no infrastructure hurdles

Why This Property Stands Out

Elevated position with sweeping Pacific Ocean views
Tranquil setting with lush jungle surroundings
Just a short drive to surf beaches, restaurants, and Santa Teresa town
Eco-conscious design that blends seamlessly with the environment
High demand area for both short-term rentals and private residences

An Investment with Long-Term Value

With demand for luxury and sustainable tourism on the rise in Malpaís and Santa Teresa, this property is well-positioned for growth. Whether you’re developing a boutique retreat or building your dream home with rental income potential, this offering provides flexibility, legal readiness, and unmatched natural beauty.

Contact us today for the full set of architectural plans or to schedule a private tour of this spectacular ocean-view lot.

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