· Casa Azul·

Casa Azul is now for sale! Currently used as a luxury hotel, Casa Azul can also be used as a luxury villa with an added guest cabina.

Located in the center of town, at the crossroads of Malpais and Santa Teresa, on famous Playa Carmen, this is one of the best beachfront spots in Costa Rica. Santa Teresa is already famous for its great surf, and the best of the best breaks is right in front of Casa Azul.

With up to 90% yearly occupancy rate, Casa Azul is a big money-maker, with lots of room for expansion. Currently it has a two bedroom second floor suite, three hotel rooms downstairs, and a separate bungalow. The owner also rents out the entire property for $1000/night.

It has two wells, and two holding tanks. Plus, it receives municipal water. Casa Azul has never been without water.

In addition it has 50 meters (163 ft) of roadfront, with titled land. This alone could be subdivided and resold for at least $800,000, or a commercial center could be developed.

The property also has 41 meters (135 ft) of white sand beachfront.