Bucolic Beachfront Compound in Santa Teresa

 

Price: $ 3,800,000
Location: Playa Hermosa
Type: Residential Built / Ocean Front
Land area: 13,000 sqm

 

 

We proudly present a rare opportunity to own a huge parcel of beachfront land in Santa Teresa that has been cleverly and delicately developed into a cash cow business. Five houses are each privately tucked away into different areas of the property.
The land is divided into 2 different Concession properties. The first is zoned for residential usage and the concession extends to the year 2035. This property is a blank slate, measuring 1,047 square meters and ready for an impressive estate to be built. The second Concession property is zoned for tourism and spans an immense 14,615 square meters. This concession is valid until 2024. This parcel has 5 houses on it, each with a significant and successful rental history. The main house has 4 bedrooms. There are 3 2-bedroom homes and a honeymoon suite right on the beach. The common area consists of a pool, children’s pool, waterfall and barbecue area.
Together these parcels comprise one of the largest oceanfront properties in the entire area measuring 15,663 square meters. Already successfully operating for vacation rentals, this is an amazing opportunity either as a business or as a family compound.

We proudly present a rare opportunity to own a huge parcel of beachfront land in Santa Teresa that has been cleverly and delicately developed into a cash cow business. Five houses are each privately tucked away into different areas of the property.

The land is divided into 2 different Concession properties. The first is zoned for residential usage and the concession extends to the year 2035. This property is a blank slate, measuring 1,047 square meters and ready for an impressive estate to be built. The second Concession property is zoned for tourism and spans an immense 14,615 square meters. This concession is valid until 2024. This parcel has 5 houses on it, each with a significant and successful rental history. The main house has 4 bedrooms. There are 3 2-bedroom homes and a honeymoon suite right on the beach. The common area consists of a pool, children’s pool, waterfall and barbecue area.

Together these parcels comprise one of the largest oceanfront properties in the entire area measuring 15,663 square meters. Already successfully operating for vacation rentals, this is an amazing opportunity either as a business or as a family compound.

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andrew@peninsularealty.com
(1) 702 802 9972

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