Back to Properties

Price reduced from $19,990,000 to $1,999,000

52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 1 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 2 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 3 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 4 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 5 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 6 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 7 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 8 of 9
52-Guest Hostel & Restaurant Steps from Santa Teresa Beach - photo 9 of 9
For SalePrice Reducedcommercial

52-Guest Hostel & Restaurant Steps from Santa Teresa Beach

Puntarenas

14
Bedrooms
10
Bathrooms
8
Parking
812 m²
Built area

Description

Positioned at the heart of Playa Santa Teresa, this iconic beachfront property represents a rare investment opportunity in one of Costa Rica's most dynamic coastal destinations. The fully titled and permitted lot spans 3,019.35 m² and combines residential and commercial zoning, offering exceptional flexibility for ongoing operations, expansion, or repositioning. The existing 812 m² of construction comprises a diverse and fully operational hospitality asset currently generating consistent revenue. Accommodations include capacity for up to 52 guests nightly across multiple lodging types: private rooms, shared dormitories, standalone cabins, air-conditioned studios, and glamping tents. This variety appeals to multiple market segments—from digital nomads and surf travelers to eco-conscious tourists—and maximizes occupancy potential year-round. At the center of the property, a fully equipped restaurant and bar serves as both a guest amenity and a local favorite for residents and visitors alike. The venue features a wood-fired pizza oven, professional kitchen, billiards area, and inviting dining spaces designed for hosting and entertaining. The property also includes a welcoming reception area and swimming pool set within tropical gardens, creating an atmosphere that balances vibrant entertainment with relaxation. The location is exceptional: steps from Playa Santa Teresa's main street and pristine beach, with immediate access to shops, restaurants, and renowned surf breaks. This proximity ensures strong year-round demand from both international visitors and local clientele. Built from concrete and local wood, the structures offer durability and low maintenance requirements. The property demonstrates a commitment to sustainability through thoughtful water management and productive fruit-bearing gardens featuring mango, lime, coconut, and papaya trees. For investors, this property offers a proven operational business model with significant upside potential. Expansion opportunities include adding accommodation units, integrating wellness or coworking spaces, or developing boutique retail elements. With eight parking spaces and a strategic beachfront location, this is a cornerstone asset in Costa Rica's fastest-growing real estate market.

Property Highlights

  • 52-guest nightly capacity
  • Beachfront location, steps to beach
  • Operating restaurant and bar with pizza oven
  • Mixed-use zoning for residential and commercial
  • Proven hospitality income stream
  • Turnkey operation with diverse accommodations
  • 3,019 m² titled lot

Details

Lot size: 3,019 m²
$1,999,000$19,990,000

Interested in this property?

By submitting, you agree to be contacted about this property.

Get notified about similar properties

Get luxury property listings and market insights delivered to your inbox every two weeks.