Prime Location Commercial & Hotel Opportunity in Santa Teresa — Turnkey Apartment Complex (7 Units)
USD $1,600,00
Offered at $1,600,000, this commercial & hotel investment sits in a prime Santa Teresa location and includes 7 fully furnished apartments on a 370 m² lot, designed for immediate operation as a turnkey hospitality business.
The property benefits from a strong operating foundation, with 10 years of guest satisfaction and 500+ reviews, plus recent improvements including the newest apartment finished in 2024.
Its walkable positioning—steps from the main surf spot, supermarkets, and restaurants—adds consistent demand and high occupancy potential in one of Santa Teresa’s strongest rental corridors.
In addition to the current lodging model, this is also a compelling commercial play: depending on municipal approval and zoning parameters, the site could be reconfigured or complemented with small retail/commercial units (e.g., boutique storefronts or service-oriented spaces) to capitalize on frontage and foot traffic.
Price: $1,600,000
Lot Size: 370 m²
7 fully furnished apartments (prime location)
Laundry + supplies room
All public services
Turnkey business
Walk to surf, dining & shopping
10 years track record + 500+ reviews
Upside: possibility to add a small poo
Commercial + hotel flexibility: operate as lodging from day one, with potential to enhance income streams through complementary commercial use (subject to permits).
Proven demand: an established reputation and review base that takes years to build.
Prime walkability: consistently one of the strongest drivers of rental performance in Santa Teresa.
Clear upside paths: pool addition and potential reconfiguration for mixed-use increase value and ADR potential.