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Houses in Puntarenas | Ocean View Revamp Opportunity in North Santa Teresa

Price
$1,980,000
Bedrooms
7
Bathrooms
7
Parking
6
M² of construction
450

Houses in Puntarenas | Ocean View Revamp Opportunity in North Santa Teresa

Location

Puntarenas

Published

20/06/2024

Price/m² of construction

$4,400

Price/m² of land

$388.31

Lot Size

5099

Year of construction

2008

Benefits

Sea View

Details

Nestled in the heart of Santa Teresa, the property presents a unique opportunity for those looking to invest in a property with vast potential. This charming older villa, complete with a guest house, is situated on a sprawling 5,099 square meter lot, boasting approximately 450 square meters of construction space, excluding the pool and terrace areas. With its construction dates of 2008 for the main villa and 2014 for the guest house, this property encapsulates a blend of traditional charm and the possibility for modern enhancements.

Located on Calle el Jaguar, in the northern part of Santa Teresa, the villa offers spectacular sea views and is just a short distance from both the beach and the local town. The property features an open-concept design with high ceilings and exquisite almond wood finishes, emphasizing its quality construction and the care taken in its creation. Despite its well-built structure, the main villa and the 50 square meter guest house would benefit from significant investment to bring them up to contemporary standards.

The estate's layout includes six bedrooms within the main and guest houses, a swimming pool, ample parking, and a laundry/pantry area, making it an ideal candidate for transformation into a private residence, hotel, or vacation rental. The property's generous space and the opportunity to add a sea-view wing further enhance its appeal and potential value.

One of the property's standout features is its accessibility via paved road, ensuring ease of access while maintaining the serene environment of its green surroundings. This is a rare opportunity to own a piece of Santa Teresa's beauty, with its central location and beautiful views. Whether envisioned as a remodeled family home or transformed into a boutique hotel, the property promises a blend of tranquility, accessibility, and the potential for a lucrative return on investment.