Central Santa Teresa Home on Commercial Land Santa Teresa/Malpais/San Isidro

This centrally located property offers a rare combination of residential and commercial potential—just a one-minute walk to the beach and steps from restaurants and shops.

The newly built 1-bedroom home is modern, turnkey, and thoughtfully designed. It features a spacious open-concept living room and kitchen, a full bathroom, and a dedicated laundry room. The primary bedroom includes an en-suite bathroom, and the home extends to a covered back patio equipped with a dining area and BBQ. There is A/C throughout as well as ceiling fans. The layout also allows for the addition of a second bedroom and pool, if desired.

The 425 m² lot is zoned for both residential and commercial use. The property has a ton of potential for future development as the zoning allows you to build up to 75% of the land and up to three stories. There is ample space along the main road to add storefronts, apartments, or a mixed-use commercial area. Public utilities—including AyA water, electricity, and high-speed fiber-optic internet—are already in place.

This property is well-suited for:
• Buyers seeking a Santa Teresa home with the option to generate rental income through additional commercial or residential units
• Anyone interested in developing a boutique hotel
• Investors looking for a mixed-use project in a highly accessible, central location

Contact us today for more information or to schedule a private viewing.