Turnkey 10-Bungalow Hotel 5 Minutes Walking From The Beach And Santa Teresa Downtown Santa Teresa/Malpais/San Isidro

Located just 5 minutes from both the beach and the heart of Santa Teresa, yet tucked away in a peaceful and quiet area, this well-maintained hotel presents an exceptional investment opportunity in one of Costa Rica’s most sought-after destinations.

The property features 10 thoughtfully designed private bungalows, each with 2 bedrooms and 2 bathrooms, thick sound-insulating windows, energy-efficient air conditioning, and individual electrical breakers. One of the units is fully compliant with Law 7600, ensuring accessibility for guests with disabilities.

The hotel is supported by a reliable and experienced team, including a receptionist, two housekeeping staff, and a maintenance and gardening professional. This competent crew ensures smooth daily operations and high guest satisfaction. The property has been designed and managed in a way that allows it to function efficiently even in the absence of the owners, offering true peace of mind for any investor seeking a fully turnkey operation.

Rated 9.2 on Booking.com, the hotel enjoys an excellent reputation and steady occupancy. 

Property Highlights:

• 10 Private Bungalows with 2 beds / 2 baths each
• 4x8m Swimming Pool with a spacious relaxation deck
• Laundry Room and Storage Area
• High-speed Internet (Kolbi ICE) with dedicated lines for bungalows and office
• Electricity via 3 ICE meters
• Water from AYA (6 intakes, 2 in use), 5,000-liter tank + private well (not currently in use)
• Waste Treatment System + Greywater management
• Automated Irrigation System
• All permits and licenses are current and in good standing

Operational Details:

• Staffing: A competent team is in place, including a receptionist, two housekeeping staff, and a maintenance/gardening personnel.
• Management: The hotel operates efficiently in the owners’ absence, demonstrating its turnkey nature. 

In addition to the current infrastructure, the property also offers room for expansion, allowing you to build more units and boost future income potential.

Whether you’re looking for a ready-to-run hospitality business or a long-term investment in Costa Rica’s thriving tourism sector, this property is an outstanding opportunity.

Why Invest in Santa Teresa?

Santa Teresa stands out as one of the most attractive real estate investment destinations in Costa Rica, offering a rare combination of high rental demand, capital appreciation, and limited inventory near the coast. Strategically located on the Nicoya Peninsula—one of only five Blue Zones in the world—Santa Teresa has evolved into a thriving international hotspot known for its world-class surf, stunning beaches, and year-round tourism.

The area benefits from strong and growing visitor numbers, with a consistent flow of tourists, remote workers, and long-term residents fueling demand for short- and medium-term rentals. Properties near the beach, particularly those with existing infrastructure like this turnkey hotel, are highly sought after and generate excellent occupancy rates throughout the year.

Santa Teresa’s infrastructure is steadily improving, including expanded access to high-speed fiber-optic internet, improved roadways, and utility services. At the same time, land near the beach is increasingly scarce, creating upward pressure on property values and making early investment all the more advantageous.

The town has built a reputation as a luxury yet laid-back destination, attracting high-spending travelers seeking wellness, nature, and privacy. As a result, hospitality businesses are seeing strong returns and rising nightly rates, with many investors securing double-digit ROI through well-managed rental operations.

Real estate in Santa Teresa has consistently appreciated over the past decade, outperforming many other coastal areas in Costa Rica. With its growing international visibility, vibrant lifestyle appeal, and limited development space, Santa Teresa offers a secure, high-potential investment environment for those looking to enter or expand their portfolio in Costa Rica’s booming tourism market.

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Santa Teresa, Costa Rica

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