Prime Street-Front

Current Income

The property is currently generating approximately $7,500 USD per month from existing rental units.
The bar/restaurant space is not yet leased, as the owners have chosen to focus on selling the property—creating an immediate value-add opportunity for the new owner to increase monthly income.

Existing Improvements

The property includes six independent structures totaling approximately 522 m² of construction, built with a combination of concrete, wood, and steel. The buildings are suitable for:

• Short- or long-term rentals

• Commercial or retail spaces

• Offices or staff housing

• Redevelopment or expansion

All basic services are available, and the layout allows for flexible reconfiguration or phased development.

Investment & Development Highlights

• Land Size: 1,973 m²

• Street Frontage: ~95 meters on paved public road

• Existing Income: ~$7,500 USD/month

• Bar/Restaurant: Currently vacant (value-add opportunity)

• Zoning: Commercial

• Topography: Flat and build-ready

• Location: Central Santa Teresa, walk to beaches

• Appraised Market Value: ~$2,102,647 USD (2025)

Ideal For

• Boutique hotel or hostel

• Commercial plaza or mixed-use project

• Restaurant, bar, or nightlife venue

• Rental complex with commercial frontage

• Long-term land banking in Santa Teresa’s core

Properties of this size, frontage, income, and central location are extremely limited in Santa Teresa. This is a turnkey income-producing asset with immediate upside, perfectly suited for investors or developers seeking both cash flow and long-term appreciation.