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














52-Guest Hostel & Restaurant Steps from Santa Teresa Beach
Puntarenas
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
Originally Listed By
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