This unique property is a combination of two independent lots, offering a versatile canvas for your dream investment.
The first lot boasts a 2-bedroom home on a spacious 540 square meters (0.13 acres) of commercially zoned land. With the potential to build up to 75% of the total lot size over 3 stories, the options are limitless. This is an ideal space for entrepreneurs looking to establish a commercial venture or for those who envision expanding and renovating the existing residence.
The second lot, a generous 650 square meters (0.16 acres), is designated for residential use with a similar 75% coverage allowance over 3 stories. Ready to build, it presents an excellent opportunity for constructing additional residences, apartments, or a larger single-family home.
Situated just a 3-minute drive from the enchanting white sand beach of Santa Teresa, renowned for its world-class surfing breaks catering to both beginners and advanced surfers year-round. In addition, the property is a short 5-minute drive to the town’s vibrant culinary scene, shops, and grocery stores.
The strategic commercial zoning opens doors for various investment opportunities. Whether you’re considering a second home, rental property, or a commercial establishment such as shops, a restaurant, or boutique hotel, this property caters to diverse aspirations. The existing home on the commercial lot provides the option for remodeling and expansion or can be maintained in its current state.
With the second lot ready for development and the first offering immediate occupancy, this property provides the perfect blend of present and future opportunities.
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