Prime Commercial & Residential Building on Main Road in Santa Teresa

Well located on Santa Teresa’s main road, this commercial and residential mixed-use building offers an excellent investment opportunity in one of the most active areas of town. The property is within walking distance to the beach and surrounded by supermarkets, restaurants, cafés, and essential services, benefiting from constant foot and vehicle traffic.

The building is distributed over two existing floors, with the option to expand:

Ground floor:
Three street-front commercial spaces, each approximately 50 sqm, offering strong visibility and easy access from the main road. These units are ideal for retail, café, or service-based businesses.
The ground level also includes a rear office space and a storage room, adding operational flexibility.

Second floor:
Two residential apartments, each approximately 75 sqm, both featuring front and rear balconies. These units are well suited for long-term rentals, short-term vacation rentals, or owner occupancy combined with income from the commercial units below.

A key value component of this property is the possibility to build two additional floors, allowing future expansion and increased rental potential.

Thanks to its prime location, diversified income streams, and development potential, this property represents a solid investment opportunity in the heart of Santa Teresa, with an estimated 10% yield. …Read Less