Beachfront development land 0 beds in Malpaís near Santa Teresa with ocean access, pool, approved residential concession, and event venue. $1.95M Costa Rica.

This rare beachfront property in Malpaís offers direct Pacific Ocean frontage with immediate access to the sand, presenting a unique development opportunity. Currently featuring a purpose-built event venue complete with a swimming pool and outdoor gathering spaces, the site is fully equipped for private and commercial use. Approved beachfront concessions grant rights for residential development, with zoning allowing up to 40 percent coverage and a maximum building height of seven meters. Situated just minutes from Santa Teresa, it provides a serene coastal retreat while maintaining proximity to vibrant local amenities.

Spanning 2912 square meters, this land parcel combines existing infrastructure with significant potential for a private residence or boutique hospitality project. The property includes a refurbished Airstream converted into a commercial kitchen, enhancing operational versatility. Malpaís is celebrated for its tranquil atmosphere and natural beauty, attracting residents and visitors seeking an authentic coastal lifestyle. Its close connection to Santa Teresa ensures access to dining, surf, and services within a well-established beach community. MLS LXSL13994 The Agency Costa Rica