From stylish contemporary homes surrounded by tropical greenery to charming villas with ocean views, Santa Teresa continues to attract buyers looking for something special—and fortunately, there are still some amazing opportunities available for under $1 million.
Whether you’re searching for a private getaway, a full-time residence, or a property with rental potential, this selection is well worth exploring. With its world-class beaches, vibrant restaurant scene, laid-back atmosphere, and growing appeal as an international destination, Santa Teresa offers a lifestyle that is difficult to replicate anywhere else. Take a look at these properties and discover what your Santa Teresa dream could look like—without a seven-figure price tag.
We also have more great options under $1m - please do reach out to us to get the full range of possibilities!
Here are a few of the standout properties in the Santa Teresa area—all priced below $1 million.
(1) Two Bedroom Casita with 3.7 acres of gorgeous, usable land - $595,000
This comfortable casita features two bedrooms and two full bathrooms, set within grounds that meaure 3.7 acres. The property is located within the residential gated community of Hacienda Okhra, benefiting from 24/7 security and water connection with the San Isidro ASADA. The house is only a five-minute drive down to the surfing beach of Playa Carmen, and ten minutes to Santa Teresa proper.
The current house would likely be used as a guest house and is located such that the main home, once built, would have its own access and complete privacy. There is space on the property for multiple houses and a pool. Here you could easily create your own homestead or private estate, with room for fruit orchards and a huerta.
(2) Three Bedroom Modern Home in Santiago - $950,000
Set in the peaceful hills of Santiago, this stylish 2022-built tropical home combines privacy, comfort, and easy access to Playa Hermosa, just an 8-minute drive away. The 3-bedroom, 3.5-bathroom property features ensuite bedrooms, an open-concept living area, private pool, landscaped tropical gardens, covered terrace, and a stunning upper terrace with sunset and stargazing views (this could easily be turned into a fourth bedroom if desired). The property has its own well. This would make a beautiful and comfortable family home, or rental home.
(3) Three Bedroom Home with Ocean View in The Ark, Santa Teresa - $899,000
This modern home has gorgeous views over the forest and down the coast to the North, towards Playa Coyote and Nosara. The house is newly built, with three bedrooms and three bathrooms, an open-plan kitchen and living room, and large pool. The lot size is 1.25 acres, and there is plenty of potential for adding either a second floor to the current home, or adding a guest casita. The house is located within the gated community of The Ark, benefiting from 24/7 security, San Isidro ASADA water and all the amenities of The Ark (the yoga shala, the farm, the paddle and pickel ball courts, etc).
(4) Two Bedroom Hill Top House with Loft, Buenos Aires Road, Santa Teresa - $550,000
This modern two-bedroom, two-bathroom hilltop home has an additional loft that can function as a third bedroom or office space, along with an infinity pool, wraparound deck, and beautiful views. Set on an 821 m² lot in a quiet neighborhood just above central Santa Teresa, the property is less than five minutes from the beach, restaurants, and amenities. With air conditioning, fiber-optic internet, and a spacious indoor-outdoor layout, it’s an ideal option for both full-time living and rental income. The house has a very light and comfortable feel, with all the amenities you could wish for.
(5) Walk-to-the-Beach Three Bedroom Home, Santa Teresa - $990,000
This property is not only very cute and comfortable, but it an unbeatable location in North Santa Teresa, just a 2-minute walk from the beach and close to restaurants, cafés, and shops. The well-maintained turnkey property features 3 bedrooms, 2.5 bathrooms, a private pool, open-concept living spaces, a fully-equipped kitchen, lush landscaping, and a one-car garage. With approximately 200m² of construction on a 413m² lot, plus public water and high-speed fiber internet, it’s an ideal option for a full-time residence or vacation home in one of Santa Teresa’s most desirable neighborhoods. Here you can get to the surf in two minutes on foot!
About The Author
With over a decade of experience in real estate, I specialize in helping individuals and families find the perfect property to suit their lifestyle and goals. Whether it's a dream home, a vacation retreat, or a smart investment, I'm passionate about guiding clients through every step of the buying process with honesty, insight, and a deep understanding of the market.
Originally from England, I've called Costa Rica home for more than 16 years. Living and working here has given me a unique perspective on the local real estate landscape and the lifestyle that draws so many people to this beautiful country.
I am always ready to share practical advice, market insights, and personal experiences to help others make informed decisions about property in Costa Rica. If you'd like to get in touch, feel free to email me at josie@2crsantateresa.com I'd be happy to answer any questions or assist you in any way I can.
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