Playa Santa Teresa Resort Stylish Beachfront Resort with Restaurant

 

Price: $ 2,800,000
Location: Santa Teresa
Type: Hotel / Ocean Front
Built area: 325 sqm
Land area: 8,575 sqm

Located in a private and quiet area of the Santa Teresa beach strip, this trendy ocean front hotel operation enjoys high levels of occupancy and offers ample opportunity for expansion.

 

Property Highlights:

  • 6,375m² of Zona Maritima land (maritime zone government concession); registered concession, renewable in 2028
  • 2,200m² titled land fronting the road
  • 40 meters of beach front
  • 3 well appointed stylish bungalows (75m² each) with air-conditioned bedroom with hand-crafted furnishings, spacious covered outdoor lounge area, bathroom with tub, and many other five-star features
  • eco-friendly building
  • beach front swimming pool
  • beach front restaurant
  • office
  • lush and meticulous landscaping
  • excellent infrastructure

 

Expansion Options:

  • following the existing low density design of the property, 10 more bungalows could be built
  • general zoning of the property (ZAT- tourism development) allows for up to 40 more units/rooms to be built (general building rule is 50% of land area with buildings up to two floors)
  • adjacent vacant land available; details on request

Short term seller financing possible. Please contact us for additional financial and operational information.

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Please contact

In the US:
andrew@peninsularealty.com
(1) 702 802 9972

In Costa Rica:
info@peninsularealty.com
(506) 8499 1181

Or fill in our Contact Form

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