Located in the center of Playa Hermosa, this property offers the ideal balance of lifestyle and investment, within walking distance to the beach, shops, and restaurants, and just a few minutes from Santa Teresa, one of Costa Rica’s most desirable coastal destinations.
The 400 m² lot features two structures, set within a lush tropical garden. One of the structures is very old and will most likely need to be demolished, creating a strong opportunity to redesign the property and maximize its potential. The second structure is a fully functional studio, currently lived in, allowing the property to be rented immediately and generate income from day one, while planning future construction. The studio can be attached into a potential new development project.
Zoning allows construction of up to 75% of the lot in one house and a pool offering excellent upside for investors. This property would make a great vacation rental or a comfortable family home, in a highly desirable location.
Public water service (AyA) is available and a great parking space
Highlights of this property
Strategic location in the heart of Playa Hermosa
Walking distance to the beach, restaurants, and shops
Just minutes from Santa Teresa, one of Costa Rica’s most sought-after coastal destinations
Immediate rental income
Existing habitable studio currently in use
Allows income generation from day one while planning future development
Value-add redevelopment potential
Second structure is very old and likely to be removed
Opportunity to design a new project that maximizes land use
Existing studio can be incorporated into a new build
Investor-friendly zoning
Up to 75% lot coverage allowed in a single structure
Suitable for vacation rentals, multi-unit development, or a private residence
Essential services in place
Public water supply (AyA)
On-site parking available
Strong long-term outlook
Proven demand from international buyers and renters
Excellent resale and appreciation potential