This property is a gem, located in the heart of Santa Teresa, 3 minutes to some of the best surf spots in town, all the restaurants and shops, but set back enough from the main road for quiet and peacefulness. The property consists of two lots, one of which is zoned commercial and already has a turn-key 2 bedroom house and the other one residential, with a flat platform ready to build. Both properties allow for 75% construction coverage and the lot with the building platform has a registered hand-dug well, which means you could obtain building permits as soon as you purchase.
The 2-bedroom home located on the commercially zoned property has been tastefully decorated and recently remodeled by the current owner. It is the ideal property for anyone looking to have something turn-key on site to either live in while they build on the extra lot, or to immediately start generating income while they build their dream home on the extra land.
Due to the amazing location of this property, it would make a great short term, mid term or long term rental. It is also commercially zoned, which means the new owner could even do a cafe or a restaurant on the lot with the house and build a residential unit on the empty lot.