Exquisite Beachfront Property With Hotel Zoning Santa Teresa/Malpais/San Isidro

$11,750,000
Property type: Beachfront
Bedrooms
10

The space

  • Land Size: 71.838 M 2

Description

Nestled along the pristine shores of Malpais, Costa Rica, this extraordinary beachfront property offers an unparalleled opportunity for investors seeking to own a slice of paradise. With over 320 meters of beachfront, the property is zoned for hotel use, making it ideal for developing a world-class resort or boutique hotel. Located in one of the region’s most sought-after destinations, it promises immense potential.

Prime Location and Expansive Land

Spanning over 7 hectares, this beachfront property in Malpais provides ample space for a variety of development options. Of these, 5.6 hectares are located within the maritime zone, offering prime beachfront space for hotel development. The property’s hotel zoning allows for 40% coverage and up to 60 rooms per hectare—an exceptional opportunity due to the rarity of hotel zoning in this location.

The remaining 1.5 hectares are titled land, zoned for mixed-use. This zoning permits up to 75% coverage for either commercial or residential development. Additionally, with over 400 meters of road frontage, the possibilities for expansion are endless.

Existing Structures and Amenities

The property is already equipped with several structures, providing an excellent foundation for future development:

  • Fully equipped restaurant
  • 7 luxury safari tents (36m² each)
  • 1-bedroom beachfront house
  • 2-bedroom bungalow with kitchen, living room, and private terrace
  • Back-of-house facilities with laundry and storage

Building Permits in Place and Expansion Potential

Current building permits are in place for the construction of 9 additional units and common areas on the concession property, as well as 4 villas on the titled land. Additional permits are already in the works, making this an ideal time to capitalize on the groundwork that has been completed. This is your opportunity to develop a unique hospitality experience in an exclusive location.

Adjacent Property for Sale – A Combined Development Opportunity

The neighboring property is also available for sale, further enhancing the development potential. When combined, the two properties offer a truly exceptional investment opportunity.

An Exceptional Investment Opportunity

Don’t miss your chance to own a coveted piece of beachfront real estate in one of Costa Rica’s most alluring destinations. Contact us today to explore this unique offering in Malpais and begin your journey toward crafting an unforgettable hospitality experience.

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Malpais, Costa Rica

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Contact the Agent

Luca Collo

Innovation, Media, and Sales Manager
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