$ 6,500,000

One of the only few large beachfront estates! Also great bed-and-breakfast or boutique hotel opportunity just a few steps from one of the best surf breaks in Santa Teresa. This property consists of 2 separated plots, one is a Concession (Maritime Zone Land) of 6237 square meters - 1.5 acres and the other one is a street front Commercial lot of 1913 square meters - 0.4 acre. The 7-bedroom, 7-bathroom home is built on the maritime zone land. 1737 square meters of this ZMT land is zoned for low density residential (25% footprint) allowing for ample space for additional building and meandering through the grounds. The remaining area (4500 square meters - 1.1 acres) is a protected area so you are guaranteed it will always stay lush. The commercial area is a truly unique opportunity for those looking to own one of the last commercial spots available that are connected to the beachfront ZMT land. In its current condition, this space is certainly usable as a relaxing beach house, but it also has the ability to be completely renovated into a B&B, a commercial beachfront restaurant/lounge, or a multi-million dollar personal home. This commercial & beachfront property is nestled in the Southern tip of the Nicoya Peninsula lies the quaint surf village and popular beach town known as Santa Teresa. The town is composed of a beautiful blend between both local and foreign influence. Here you can find surfers, yogis, travelers, couples, and families mixed in throughout this remote and eclectic tropical coastline. Santa Teresa is a booming travel destination featuring world-class surfing points. The gorgeous white sand beaches stretch along the coastline and are perfect for long walks, sunbathing, spending time with friends and family, or catching the best sunsets this part of the peninsula has to offer.