Beachfront development land 0-bed in Malpaís near Santa Teresa with ocean access, pool, event venue, and approved residential zoning. $1.75M Costa Rica.

This direct beachfront property in Malpaís offers immediate Pacific Ocean access and an existing event venue complete with a pool and outdoor gathering spaces. Approved for residential development with a beachfront concession, it allows up to 40 percent site coverage and a maximum building height of seven meters. Positioned just minutes from the vibrant center of Santa Teresa, the location retains the quieter, more serene character that defines Malpaís, making it a distinctive opportunity for those seeking a blend of lifestyle and investment potential.

Set on a 2912 square meter lot with no current built area, the property includes a purpose-built event space oriented toward the ocean and a refurbished Airstream converted into a fully equipped commercial kitchen. The zoning permits flexible design options for a private residence or boutique hospitality venture. Malpaís’s understated atmosphere complements its proximity to Santa Teresa’s surf, dining, and services, appealing to residents and visitors alike. MLS LXSL13994 The Agency Costa Rica