$550,000

Excellent piece of land for development of small homes, apartments, vacation rental, or business. This property is located in the heart of Santa Teresa just a few minutes up a public neighborhood road. A short walk to the beach and close to local shops and restaurants while still remaining outside of the town center. This space holds a sense of peace being slightly up the mountain away from the noise of Santa Teresa's main road.

This 500 m2 lot provides both a flat and elevated landscape. The land lends itself to being the perfect site for the development of several small living spaces or apartments. The property itself touches a public road giving it easy access to surrounding areas and the ability to develop up to 75% of the land. The property is surrounded by a safe and quiet neighborhood that is also in the process of further development. Many individuals have chosen this neighborhood to create vacation or long-term rental spaces. A great place for an investor looking to begin their next project!

This property is looking to be sold quickly and is marked at an affordable price comparatively to its area. It has great potential for future expansion and development.

The town of Santa Teresa, which is just a short drive from this lot, is filled with vibrancy, white sandy beaches, lots of trendy restaurants and shops, as well as an ever growing tourism industry. It is an ideal destination for surfers, families, and travelers alike. The town is a beautiful marriage between foreign and local influences. Santa Teresa offers a plethora of activities to engage in for all ages, breathtaking sunsets, and gorgeous views from several vantage points. It is a perfect time to invest in the community as it continues to grow and new habitants are introduced into the area each day.

Inquire for more information on this property by contacting its listing agent today!