|Lot Size||14,358 sqm|
Located at the southern end of Playa Hermosa, this impressive beachfront property offers a unique opportunity to own a multi-family beachfront estate in one of Costa Rica's most sought-after destinations. The property consists of two individual plots, one measuring 13, 310m2 with a tourist concession valid until 2024 and the other, with a residential concession valid until 2035. The larger property is home to five individual villas, a common area pool with cascading waterfall, a children's pool as well as a ranch/bbq area for entertainment. Of the five beachfront houses, there are 3, 2 bedroom poolside villas, 1 honeymoon beachfront suite, and a larger, 4 bedroom, beachfront home. In total there are 11 bedrooms on this unique estate property, as well as the common areas, and of course, direct access to the beach in Playa Hermosa. The residentially zoned property, currently does not house any construction, therefore a future owner could be another estate home there for personal use. The property is currently run as a successful vacation rental business, and as Santa Teresa and Playa Hermosa continue to solidify themselves as premier tourist and investment destinations in Costa Rica, this is a unique opportunity to own one of the finest beachfront properties in the area.