2-Villa Property for Sale, Santa Teresa, Puntarenas, Costa Rica

Pair of ocean-view villas for sale in Costa Rica located a 2 minute walk from the beach in North Santa Teresa.

Pair of Homes in North Santa Teresa

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Located just a 2-minute walk from the beach in North Santa Teresa, near the renowned La Lora surf break and top cafes and restaurants, this multi-unit property offers great potential, featuring two luxurious, turnkey villas and additional space for building hillside homes with ocean views.

Each meticulously designed villa features three spacious master bedrooms with en-suite bathrooms, creating comfortable accommodations for large families or groups. The modern, open layouts include fully equipped kitchens, comprehensive air conditioning, and expansive outdoor terraces, each complemented by a private pool. Both villas come fully furnished and turnkey, ready for immediate occupancy or rental.

Additional Income-Generating Features

The property includes a studio apartment beneath the villas, along with practical amenities such as a dedicated laundry room and generous storage space. The easily accessible parking area accommodates up to six vehicles, with no four-wheel drive required for access.

Prime Development Opportunity

The undeveloped upper portion of the property holds exceptional potential, with existing infrastructure already in place including electricity, public water, and high-speed fiber optic internet. An established access road leads to this elevated section, which offers stunning ocean views and is zoned for residential development with allowances for up to 75% land coverage and two to three stories in height.

Sought-After North Santa Teresa Location

The property’s prime position places it steps from the renowned La Lora surf break and within easy walking distance of top cafes and restaurants. This sought-after North Santa Teresa location combines beachfront accessibility with the elevated ocean views of the developable upper section.

Versatile Investment with Multiple Revenue Streams

This unique property offers multiple pathways to return on investment: immediate rental income from the existing villas and studio, personal enjoyment of the current facilities, and significant value-add potential through development of the ocean-view upper section. Contact us today to explore this exceptional opportunity and arrange a private viewing.