7 Bedroom Beachfront Property for Sale, Santa Teresa, Puntarenas, Costa Rica

7 bedroom beachfront property for sale in Costa Rica located in the heart of Playa Carmen in Santa Teresa, Puntarenas.

Beachfront Property for Sale in Santa Teresa

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Set on 7,469 square meters (1.9 acres) with 41 meters of unobstructed beach frontage and surf – sunset views, this is a fabulous opportunity to purchase a prime beachfront property in Santa Teresa, Puntarenas.

It is prime commercial or residential property with consistent surf and white sand beach out front. This amazing location combines fantastic privacy and easy access and is walking distance form many restaurants, shops, bank, grocery stores and pharmacy. There is an existing 5 bedroom home and two guest casitas, plus a gorgeous pool, yoga deck and fully equipped restaurant. Is it truly the ideal place to develop a high end family estate or a mixed use commercial project like a hotel, restaurant and shops.

The total concession property measures 7,496 square meters (1.9 acres) and has 41 meters of unobstructed beach frontage and surf – sunset views. It is zoned for Tourist Lodging, which means that there is significant potential for further development of the property.

The property is currently operating as a residence with two guest houses. There is also a top of the line restaurant that is not currently open. The concession has an up-to-date 24 hour liquor license and a permit to play music and host large events (one of the few properties in the area that does).

Existing construction measures approximately 800 square meters (8,611 square feet) and includes a large modern two-story house with five rooms, two private casitas, a large swimming pool (15 meters by 6 meters), a beachfront restaurant and a beachfront yoga deck with a view of the ocean.

The zoning rules allow for 50% coverage, which is a total of 3,750 square meters (40,364 square feet). This leaves another 2,950 square meters (31,753 square feet) of construction that would be allowed per the Regulatory Plan. The zoning also allows for a maximum height of 7 meters, which means construction can go to two-stories. The maximum number of rooms allowed is 30. Here you can permit to have stores, rental shops, tour companies or multiple large residences as mentioned before. It truly is the highest value and desired type of zoning on the maritime zone.

Zoning Rules – Tourist Lodging

Permitted Uses

In lots zoned as Tourist Lodging, the following activities are permitted:
– Hotels
– Motels
– Cabinas
– Restaurants
– Bars
– Discotheques
– Sports areas
– Swimming Pools
– Souvenir shops
– Gymnasiums
– Travel Agency
– Rental of sports equipment
– Car Rental Agency
– Cafeterias

Building Restrictions

– Maximum Coverage: 50%
– Maximum Height: 7 meters
– Minimum Green Zone: 40%
– Internal Roads: 10%
– Maximum Number of Rooms: 35

*The concession for this property was granted in June 2007 and will need to be renewed in June 2027.

Adjacent Land Also Available

Additionally there is an adjacent titled lot measuring 2,228 square meters on the main road front that is for sale for $2,228,000.