Beachfront Development Property, Santa Teresa, Puntarenas


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Lot Hectares

About Beachfront Development Property

This expansive beachfront property is unique and truly special. The property stretches out along a quiet cove in Mal Pais. With more than 320 meters of beachfront, this property is perfect for a world-class resort, charming boutique hotel, or mixed commercial/residential development.

This land is huge, covering over 33 hectares (334,395m2), with 5.6 hectares of it being in the maritime zone. The beachfront has hotel zoning which allows for 40% coverage and up to 60 rooms per hectare. This beachfront section backs onto another 1.5 hectares of titled land with mixed zoning where you are allowed 75% coverage, for commercial or residential use. With over 400 meters of road frontage, the development possibilities are boundless.

The existing structures on the beachfront property include:
• fully-equipped restaurant
• 7 luxury safari tents, each is 36m2
• 4-bedroom beachfront home
• 1-bedroom beachfront house
• 2-bedroom bungalow complete with a kitchen, living room, and a private terrace.
• communal kitchen
• yoga space
• art studio
• laundry facilities and storage

There are already permits for 9 more units and common areas on the concession property and there are plans for 4 villas on the titled property. More permits are in process, making this an opportune time to leverage the groundwork already laid and create a distinctive hospitality experience on the beach.

Behind the beachfront property, there is another 26 hectares of titled land to develop. This titled property is a short walk from the beach and has 260 meters of street frontage. There is a nice, flat area of approximately 70,000 square meters (17 acres) below by the road which is perfect for homes or commercial spaces. The higher points on the property would have amazing ocean views and are great spots for some luxurious ocean-view homes.

Whether you're looking to create a residential community, a cozy boutique hotel, or a mix of both, this land is perfect for a large development project. This is your chance to create something truly special in one of Costa Rica's most popular beach towns. Contact us today for more information and/or to schedule a private viewing.

Features of Beachfront Development Property

MLS® # costa_rica_789
Price $23,500,000
Lot Hectares 334
Type Lots and Land
Status Active

Community Information

Address Beachfront Development Property
Subdivision Mal Pais
City Santa Teresa
County Puntarenas
State Puntarenas
Postal Code 60111

Additional Information

Date Listed September 15th, 2023

Listing Map

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