10,669m² Beachfront Parcel at Banana Beach, Santa Teresa

Description

This exceptional beachfront parcel encompasses 10,669.93 m² of prime oceanfront land in Santa Teresa, one of Costa Rica's most established and sought-after coastal destinations. Positioned steps from the legendary Banana Beach surf break, the property offers rare scale, direct beach access, and substantial development potential in a setting defined by natural beauty and strategic value. The property is comprised of three strategic components. The primary residential-recreational zone totals 7,308 m² and is concessioned through November 2031, permitting up to 50 percent building coverage. This zoning accommodates flexible residential development while allowing for conditional commercial uses—opening pathways for a boutique hotel, restaurant, or hospitality concept subject to appropriate approvals. An additional 1,655 m² of protected land provides space for landscaped gardens, walking paths, and quiet outdoor areas that enhance the overall estate experience. Complementing the beachfront portion is 1,706 m² of commercial land fronting the main road, permitting up to 75 percent footprint coverage. The titled status of this commercial parcel is expected to be finalized soon, further strengthening its investment potential and flexibility. At the heart of the property stands a majestic pochote tree, an iconic and striking natural feature that anchors the landscape and serves as a natural centerpiece for the entire estate. This combination of oceanfront frontage, commercial exposure, generous building parameters, and extraordinary natural character creates a rare and compelling opportunity for discerning buyers seeking meaningful development potential in Santa Teresa's heart.

Property Highlights

• ✓10,669 m² beachfront parcel
• ✓Steps from Banana Beach
• ✓50% residential building coverage
• ✓1,706 m² commercial road frontage
• ✓Iconic pochote tree centerpiece
• ✓Direct ocean access
• ✓Development flexibility