Malpaís Beachfront Lot With Event Venue & Pool

Description

This exceptional beachfront land parcel in Malpaís offers direct Pacific Ocean access and approved development potential in one of Costa Rica's most sought-after coastal regions. Situated on 2,912 square meters of oceanfront property, the land is positioned just minutes from the vibrant center of Santa Teresa while maintaining the quieter, more authentic character that Malpaís is known for. The property benefits from existing infrastructure that creates immediate utility and income opportunity. A purpose-built event space oriented toward the ocean accommodates private gatherings and intimate hosted experiences. A swimming pool and complementary outdoor areas serve as functional focal points for social gatherings. A fully equipped commercial kitchen, integrated into a refurbished Airstream, provides operational flexibility and supports the site's current hospitality use. Development Potential The property holds approved permits for residential construction, enabling a future owner to develop a private beachfront home, expand into a boutique hospitality venture, or blend personal use with income-generating activities. Residential zoning permits up to 40% site coverage with a maximum building height of seven meters, allowing thoughtful design that maintains the low-profile coastal aesthetic while maximizing functionality. Location and Community Character Malpaís is distinguished by its quieter, more understated atmosphere compared to nearby Santa Teresa, while remaining deeply connected to its dining, surf culture, and essential services. The area attracts a diverse mix of long-term residents, surfers, and international visitors who value the natural setting, unpaved roads, and genuine connection to the landscape. Malpaís and Santa Teresa together form one of Costa Rica's most established and respected beach communities, offering the combination of accessibility and authenticity. This beachfront asset represents a rare opportunity in a market where direct oceanfront properties continue to become increasingly limited. Whether developed for residential use, hospitality, or a hybrid approach, the land's location, existing infrastructure, and approved permits position it as a significant long-term holding in the Nicoya Peninsula's coastal landscape.

Property Highlights

• ✓Direct beachfront with Pacific Ocean access
• ✓Existing event venue and pool
• ✓Approved residential development rights
• ✓Up to 40% site coverage permitted
• ✓Minutes from Santa Teresa
• ✓Established coastal community