Buying an operational boutique hotel in Santa Teresa means navigating a specific challenge: separating an attractive beach property from a hospitality asset that is genuinely configured to operate from day one. Investors need to understand what accommodation is already in use, what facilities are included, how close the property really is to the attractions guests want and what evidence supports its existing hospitality operation.

This Santa Teresa property offers a clear proposition.

Coldwell Banker Sunset Reef Realty's Property ID 26496 is currently offered at $2,450,000 and is presented as a fully operational boutique hotel with an active short-term rental operation. Built in 2023, the property provides approximately 960 m² of construction across three levels, with seven operational guest suites, separate owner and staff accommodation, 10 bathrooms, a swimming pool and seven parking spaces.

Its strongest location advantage is equally straightforward. The current property listing describes the hotel as being approximately two minutes' walk from the beach, with restaurants, supermarkets, shops and everyday services also close by.

For an investor, hospitality group or owner-operator looking for an established presence in one of Costa Rica's best-known Pacific beach communities, this is an opportunity to consider an existing hotel rather than starting with vacant land or a property that still needs to be converted for hospitality use.

View Property ID 26496 and enquire about the Santa Teresa boutique hotel

Santa Teresa Boutique Hotel Investment Snapshot

• Asking price: $2,450,000
• Property ID: 26496
• Location: Santa Teresa, Puntarenas, Costa Rica
• Property type: Hotel / Leisure
• Total rooms: 9
• Operational guest suites: 7
• Additional accommodation: 1 owner's unit and 1 staff room
• Bathrooms: 10
• Construction: Approximately 960 m² / 10,333 sq ft
• Lot size: Approximately 432 m² / 0.11 acres
• Levels: 3
• Year built: 2023
• Parking: 7 spaces
• Swimming pool: Yes
• Furnished: Yes
• Air conditioning: Yes
• High-speed internet: Yes
• Current use: Operational hospitality property and short-term vacation rental
• Beach proximity: Approximately a two-minute walk according to the current listing

Why This Santa Teresa Boutique Hotel Stands Out

The investment story begins with the combination of location, recent construction, existing guest accommodation and current hospitality use.

Rather than being marketed simply as a building that could potentially become a hotel, Property ID 26496 is already configured and operating for hospitality use.

The approximately 960 m² property is arranged across three levels and currently provides seven guest suites alongside dedicated owner and staff accommodation.

The hotel also includes a swimming pool, guest common areas, furnished accommodation and seven on-site parking spaces.

For an incoming buyer, that creates the opportunity to take over a property already built around hospitality while deciding how the business should be managed, marketed and positioned under new ownership.

The 2023 construction date is another important point for buyers comparing the property with older hospitality assets that may require more immediate refurbishment before they can concentrate on operations.

Seven Operational Guest Suites

Although the property contains nine total rooms, its current layout should be understood accurately.

The hotel operates with seven guest suites. The other two rooms comprise one dedicated owner's unit and one staff room.

Each operational guest suite is described as approximately 50 m² and includes a private bathroom and private terrace with garden or mountain views.

This room size supports the property's boutique positioning and gives guests more space than would typically be associated with a compact hotel room.

Inside the Guest Suites

The published guest-room specification includes:

• King-size beds
• Quality linens
• Blackout curtains
• Mosquito nets
• Air conditioning
• Private bathrooms
• Private terraces
• Sofas
• Wardrobes
• In-room safes
• Flat-screen televisions
• High-speed Wi-Fi

The combination of private bathrooms, terraces, air conditioning and internet provides the core conveniences international short-stay guests expect when visiting Santa Teresa.

The separation between guest accommodation and the dedicated owner and staff spaces also gives an incoming operator a practical structure from which to manage the business.

Approximately Two Minutes' Walk From the Beach

Location is one of the property's clearest selling points.

The current Coldwell Banker Sunset Reef Realty listing for Property ID 26496 describes the hotel as approximately two minutes' walk from the beach.

The exact street address and map coordinates are not published on the public listing, so the walking time should be understood as the location information provided with the property rather than an independently calculated measurement.

Qualified buyers can confirm the precise location and route with the representing agent when arranging a private viewing.

The hotel is also positioned close to restaurants, shops, supermarkets and everyday services.

For guests, that means a stay can be centred around the beach and immediate Santa Teresa neighbourhood without depending on a vehicle for every journey.

For an operator, that gives the property an easy-to-communicate positioning message: boutique accommodation in central Santa Teresa with the beach and everyday amenities close at hand.

See the full location and property details

A 2023-Built Hospitality Property

The hotel's 2023 construction date provides another point of distinction for buyers comparing operating properties in Santa Teresa.

The building spans approximately 960 m² across three levels and was developed around a hospitality configuration rather than being marketed simply as an older residential home with potential for short-term rental use.

The seven guest suites, owner and staff accommodation, pool, common spaces and parking are already part of the existing property.

That allows prospective buyers to focus on the quality of the physical asset, current operation and future business strategy rather than beginning with a complete redevelopment programme.

The Pool and Guest Experience

Being close to the Pacific is an important part of the property's appeal, but the swimming pool gives guests another place to relax without leaving the hotel.

It complements the private terraces and guest common areas and gives the property an amenity that can be enjoyed throughout the stay.

Guests can spend time at the beach, return to the hotel pool and then walk out to nearby restaurants and other Santa Teresa amenities later in the day.

Air-conditioned rooms and high-speed internet add further practical conveniences for international travellers.

Seven Parking Spaces in Central Santa Teresa

The property includes seven on-site parking spaces.

This is useful for guests who choose to hire a vehicle during their stay or who plan to explore destinations beyond central Santa Teresa.

It also gives an incoming operator flexibility when accommodating visitors arriving independently rather than relying entirely on transfers.

Combined with the property's walkability, the parking provision allows the hotel to serve guests who want to remain close to the centre of Santa Teresa as well as those who plan to travel more widely around the Nicoya Peninsula.

The Owner's Unit Creates an Owner-Operator Opportunity

One of the more distinctive elements of the property is its dedicated owner's unit.

For buyers who intend to operate the business themselves, on-site accommodation creates the possibility of combining business ownership with living in Santa Teresa without immediately needing a separate residence.

The property also includes a dedicated staff room, supporting the existing operational layout.

This makes the hotel particularly relevant to an experienced owner-operator, couple or hospitality entrepreneur who wants to be directly involved in the guest experience.

For investors who prefer not to live on site, the existing configuration can instead be considered alongside the management structure they intend to use.

What About Additional Guest Accommodation?

The current listing identifies the owner and staff areas as spaces that could potentially be considered for alternative accommodation use.

However, the public listing does not provide an architect's feasibility study, approved conversion plans or permits confirming such a change.

For that reason, the strongest investment case should focus on what exists today: seven operational guest suites plus dedicated owner and staff accommodation.

Any future alteration can then be explored by the buyer with the appropriate professional advisers and authorities rather than being treated as guaranteed additional room inventory.

An Active Short-Term Rental Operation

The hotel is not being marketed purely on projected rental potential.

The current Property ID 26496 listing identifies the property as fully operational, income producing and active within the short-term vacation rental market.

That is an important distinction because the acquisition concerns a property already functioning within hospitality rather than one that still needs to establish its basic accommodation use.

An incoming buyer can therefore assess an existing operation alongside the underlying real estate and consider how the property should be managed or repositioned under new ownership.

Operational Information Available to Serious Buyers

Specific historical revenue figures, occupancy percentages, average daily rates, net operating income and public booking-platform ratings are not disclosed within the current online property listing.

Those figures should therefore not be estimated or assumed in public marketing.

Qualified buyers who progress beyond an initial enquiry should request the available operating information directly from Coldwell Banker Sunset Reef Realty as part of their investment assessment.

Depending on the documentation made available by the seller, buyers may want to review:

• Historical room revenue
• Occupancy records
• Booking-platform statements
• Average room rates
• Operating expenses
• Staffing costs
• Current and forward reservations
• Management information
• Supplier arrangements

This allows the investment decision to be based on both the property's physical qualities and the evidence available for the existing hospitality operation.

Request further operating information about Property ID 26496

Why Central Santa Teresa Works for This Hotel

Santa Teresa attracts visitors because of its Pacific beaches, surfing, restaurants, cafés, wellness businesses and outdoor lifestyle.

For this particular hotel, however, the more important point is how those attractions relate directly to its central location.

The property is positioned close to the beach while also remaining near restaurants, shops, supermarkets and essential services.

This creates a different proposition from elevated hillside properties whose principal selling points may be panoramic views, privacy or larger land parcels.

The featured hotel is fundamentally a central, walkable hospitality asset.

A guest can walk to the beach, return to the hotel pool, visit nearby restaurants and access everyday services without structuring every part of the day around transport.

Explore Santa Teresa real estate and learn more about the area

Garden and Mountain Views Rather Than an Ocean-View Premium

The guest suites are described as offering garden or mountain views.

The hotel is therefore not being marketed around a panoramic ocean-view proposition.

Its identifiable strengths are different: central positioning, a short walk to the beach, approximately 960 m² of construction, seven operational guest suites, recent construction, pool, parking and existing hospitality use.

Some Santa Teresa buyers prioritise hillside views and privacy. Others want to be closer to the beach, restaurants and town amenities.

This property sits firmly in the second category.

What $2.45 Million Buys

At the current $2,450,000 asking price, the buyer is considering a hospitality asset comprising:

• Approximately 960 m² of construction
• Approximately 432 m² of land
• Three levels
• 2023 construction
• Seven operational guest suites
• One owner's unit
• One staff room
• 10 bathrooms
• Approximately 50 m² guest suites
• Private guest terraces
• A swimming pool
• Seven parking spaces
• Air-conditioned accommodation
• High-speed internet
• Furnished rooms
• Existing hospitality use
• An active short-term rental operation
• A central Santa Teresa position
• A beach walk described by the listing as approximately two minutes

The combination differentiates the property from both a conventional villa investment and a vacant development site.

It gives the buyer an existing physical platform from which to continue, reposition or professionally manage a boutique hospitality business.

Coldwell Banker Sunset Reef Realty Has Sold a Santa Teresa Boutique Hotel Before

Coldwell Banker Sunset Reef Realty's own property inventory provides evidence of previous hospitality activity in this same Santa Teresa market.

The company's sold inventory records Property ID 16368, Unique Boutique Hotel in the Heart of Santa Teresa, as sold.

That property was an eight-bedroom, 10-bathroom boutique hotel built in 2017 on approximately 1,062 m² of land and was represented through Coldwell Banker Sunset Reef Realty.

Before its sale, it operated as a family hospitality business serving activities including surf camps, retreats, getaways and short-term vacation rentals.

The previous property and Property ID 26496 are not identical and should not be treated as direct valuation comparables.

The relevance is that the agency's published sold inventory provides a documented example of Coldwell Banker Sunset Reef Realty handling another operating boutique hospitality property in Santa Teresa.

That is more meaningful to a hotel investor than a generic statement about local market knowledge.

Local Representation for Property ID 26496

The featured hotel is represented by Elizabeth Gomez, Broker at Coldwell Banker Sunset Reef Realty.

Elizabeth was born and raised in Costa Rica and has specialised in real estate across the Nicoya Peninsula for more than seven years.

Her profile identifies Santa Teresa, Playa Hermosa, Malpais, Montezuma, Tambor and surrounding communities among the markets in which she works, and she has lived in Santa Teresa for approximately ten years.

That local involvement is relevant when assessing an operating hotel because prospective buyers need more than access to photographs and property specifications.

They also need someone who understands Santa Teresa's individual locations, current hospitality inventory and the practical issues that need to be addressed as the acquisition moves from viewing to due diligence.

Published buyer feedback for Elizabeth also highlights her knowledge of the area, responsiveness and ability to assist buyers through negotiations and introductions to relevant professional advisers.

Who Should Consider This Boutique Hotel?

This property may be particularly relevant to several buyer profiles.

Hospitality investors may value the opportunity to acquire an existing boutique hotel rather than begin with a ground-up development.

Owner-operators can benefit from the combination of seven guest suites and separate owner accommodation.

Existing hotel or accommodation groups may see the property as an opportunity to establish or expand a presence in Santa Teresa.

International investors looking for a Costa Rica hospitality asset can consider a property with guest suites and operating infrastructure already in place.

Lifestyle investors may value the combination of an operating business with the ability to spend significant time in one of the Nicoya Peninsula's best-known coastal communities.

The most suitable purchaser is likely to be someone who understands that this is both a real estate acquisition and a hospitality business opportunity.

What Serious Buyers Should Verify

Once a buyer has viewed the hotel and decided that its configuration and location match their objectives, due diligence should focus on the property and business itself.

Financial performance: Request the available historical revenue, occupancy and expense documentation.

Booking operation: Review the short-term rental channels currently used and understand which reservations or operating arrangements may form part of the transition.

Property documentation: Have an appropriate Costa Rican professional verify title, applicable commercial permissions and the legal structure of the purchase.

Construction: Review relevant documentation relating to the approximately 960 m² building completed in 2023.

Owner and staff accommodation: Decide whether the existing configuration works for the proposed operating model before considering any future alteration.

Location: Request the precise property location from the agent and verify the route to the beach and surrounding amenities during a private viewing.

These checks allow the buyer to move from an attractive property proposition to a properly assessed hospitality acquisition.

Ready to assess this operational Santa Teresa hotel? Review the full specifications for Property ID 26496 or call the Coldwell Banker Sunset Reef Realty Costa Rica team on +506 8752-7000 to discuss the property and arrange a private viewing.

Arrange a Private Viewing of the Santa Teresa Hotel

Property ID 26496 brings together several characteristics that are difficult to replicate in a single acquisition: recent construction, substantial floor area, seven operational guest suites, owner and staff accommodation, a swimming pool, seven parking spaces and an existing hospitality use in central Santa Teresa.

The current asking price is $2,450,000.

Its most immediate advantage is simple to understand. According to the live property listing, guests are approximately two minutes' walk from the beach while also remaining close to restaurants, shops, supermarkets and everyday services.

For an investor or owner-operator who wants to acquire an existing boutique hospitality asset rather than begin with a development project, the next step is to examine the property in person and request the available operating information.

View the complete 9-room boutique hotel listing

Contact Coldwell Banker Sunset Reef Realty to request further information or arrange a private viewing
Costa Rica Direct: +506 8752-7000
US: +1 239 504 4300

Frequently Asked Questions

How much is the boutique hotel for sale in Santa Teresa?
Property ID 26496 is currently offered at $2,450,000.

Is the Santa Teresa hotel currently operating?
Yes. Coldwell Banker Sunset Reef Realty's current listing describes the property as fully operational and active within the short-term vacation rental market.

How many guest suites does it have?
There are seven operational guest suites. The property's nine total rooms also include one staff room and one owner's unit.

How large are the guest suites?
Each suite is described as approximately 50 m² and includes a private bathroom and private terrace with garden or mountain views.

How close is the hotel to the beach?
The current Property ID 26496 listing states that the property is approximately two minutes' walk from the beach. The exact public street address and coordinates are not disclosed, so qualified buyers should request the precise location and confirm the route during a viewing.

Does the property have a swimming pool?
Yes. A swimming pool is included within the existing hotel facilities.

When was the hotel built?
The property was built in 2023.

How large is the property?
It provides approximately 960 m², or 10,333 sq ft, of construction across three levels on approximately 432 m² of land.

Is parking included?
Yes. The current listing records seven parking spaces.

Does the hotel have accommodation for an owner?
Yes. There is a separate owner's unit in addition to the seven operational guest suites and dedicated staff room.

What are the hotel's occupancy and revenue figures?
Specific revenue, occupancy, average daily rate and net operating income figures are not published in the public listing. Qualified investors should request the available operating information directly from Coldwell Banker Sunset Reef Realty.

Has Coldwell Banker Sunset Reef Realty handled another hotel in Santa Teresa?
Yes. The firm's website records Property ID 16368, an eight-bedroom boutique hotel in central Santa Teresa, as sold. The property had operated as a hospitality business serving short-term guests, surf camps, retreats and getaways.

Who represents Property ID 26496?
The hotel is represented by Elizabeth Gomez, Broker at Coldwell Banker Sunset Reef Realty. Her published profile states that she has specialised in Nicoya Peninsula real estate for more than seven years and has lived in Santa Teresa for approximately ten years.

How can I arrange a private viewing?
Use the Property ID 26496 listing or contact Coldwell Banker Sunset Reef Realty to request further information and arrange a viewing.