Santa Teresa Beachfront Land

Ref # : 8-576

Location : Santa Teresa

Price : $ 1,700,000 Sold

Land Size : 12'530 m2 or 3.09 acres


Types : Beachfront   Commercial   Lot   walking distance to the beach  

Features : Ocean View   Walking Distance to the Beach  


Water : Public Water

Power : Yes

Access : Public Road

Title : Maritime Zone with Concession


Status : Sold

Date Sold : 04/01/2022


Real Estate Description

This unique beachfront property is the perfect property for a hotel development or the construction of several luxury vacation rentals. Sizeable, gorgeous, and centrally located, this property is a must-see for any developers looking to invest in the Santa Teresa area.

This property is a beachfront property with its concession granted. The concession zoning for this property is tourism accommodation area (ZAT). This is very special as this zoning is the maximum allowance for concession properties in this area. The concession has been approved to build up to 40 rooms across buildings that have a maximum height of 7m. The concession allows for a hotel, motel, cabins, restaurants, bars, discotheques, sports/entertainment centers, swimming pools, retail stores and much more. This property has so much potential!

The concession property is 10,026m2. In addition to this large beach front concession property, the owners are also including a 2,504m2 parcel of IDA property in this purchase. The current owners have applied for title of this IDA parcel and new owners would take over this process. This is fantastic because once titled, this IDA parcel will increase significantly in value. The total land size of these two parcels is 12,530m2.

The location of this property is amazing and the property runs all the way from the beach to the main road in Santa Teresa. It is absolutely gorgeous, entirely flat, and ready to build. There is also electricity and the public AyA water to the property.

If you are looking to build your dream hotel today, contact me today for more information about this property or to schedule a private viewing. This property is a one-of-a-kind property in Santa Teresa that is very valuable.

Property Image Gallery

Comments are closed.

You May Also Like

Ocean View Hotel

$ 1,600,000 - 6´424 or 1.58 acres - Commercial   Hotel  

Built in 2011 and recently remodeled, this beautiful property for sale in Mal pais has 4 rooms, 2 apartments, an infinity pool overlooking the ocean, a shared outdoor kitchen and a yoga deck. One of the few...

Ref # : 7-264

Heart of Santa Teresa Hotel

$ 2,200,000 - 2´027 m2 or 0.5 acres - Commercial   Hotel   walking distance to the beach  

This is a great opportunity for anyone looking to purchase a beautiful and successful boutique hotel in the center of Santa Teresa. This boutique hotel is very unique. It is well built, has a variety of accommodation...

Ref # : 8-588

Ocean View Hotel Santa Teresa

$ 2,800,000 - 1´566 m2 or 0.38 acres - Commercial   Hotel   walking distance to the beach  

This beautiful and popular boutique hotel is a great turn key, investment property. It offers gorgeous ocean and sunset views, yet is walking distance to the beach, the surf and many restaurants and stores. Perched on the...

Ref # : 8-587

Boutique Hotel & Private Home

$ 1,800,000 - 1'050 m2 or 0.25 acres - Commercial   Hotel   House   walking distance to the beach  

This property for sale in Santa Teresa is a true gem, perched on a hill just a couple minute walk to the surf, restaurants and shops. In every detail and inch of this property you can see...

Ref # : 8-583