Opportunities like this have become exceptionally rare in Santa Teresa, a titled-feeling beachside opportunity in the Maritime Zone with an active concession already in place.

Set on 859 m² just steps from the ocean, this property is located on the same road as Hotel Casa Cecilia, in one of the most strategic and increasingly difficult areas to secure land near the beach.

What makes this opportunity especially unique is that it is currently the only property on this street with an active concession, already granted through 2028, a significant advantage in an area where legal clarity is often one of the biggest obstacles for buyers.

The property allows for up to 25% construction footprint, making it ideal for building a private family residence, luxury vacation villa, or a high-performing rental property in one of the most desirable locations near the beach.

It already has water and electricity available, reducing development complexity and allowing a future buyer to move forward more efficiently.

The current pricing presents a particularly attractive opportunity because the property is still awaiting final construction permits. Once those permits are fully approved, the owners plan to move forward with development, and the property will be sold at a significantly higher price.

With beach access just steps away and very limited inventory remaining in this area, this is the type of asset that rarely reaches the open market.

For buyers who understand long-term value in Santa Teresa real estate, this is a highly strategic opportunity positioned for both lifestyle use and future appreciation.