Santa Teresa Costa Rica Real Estate
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Real Estate in the Nicoya Peninsula, Costa Rica

Southern Nicoya Peninsula

All areas of real estate in the Southern Nicoya Peninsula of Costa Rica are blessed with an abundance of amazing, tropical wildlife. Expect to be visited by howler monkeys, white-faced monkeys, parrots, iguanas, and many more amazing and brightly colored creatures!

In the ocean, depending on the time of year, you will spot whales, turtles, dolphins, spotted-eagle rays, and more. We are lucky enough to still have turtles nesting on the beach occasionally at night.

There is a ton to do and see! For the adventurous there is ziplining, deep-sea fishing, kayaking, mountain biking, scuba diving, yoga, surfing, Stand-Up-Paddleboarding, hiking, ATV adventuring, waterfall jumping, and much more. There is also a growing community of artists and musicians, bringing some unique cultural events to town.

Every Saturday there is the organic farmers market, where you can pick-up delicious, fresh and locally-grown produce. And of course there is some amazing international cuisine to enjoy as well!

Southern Nicoya Peninsula Towns & Beaches

Mal País

The area of Malpaís stretches south from the Playa Carmen crossroads, all the way down to the Malpaís fishing village and the start of the CaboBlanco Nature Reserve.

This is the quieter, more tranquil part of town. The long road down to the fishing village is lined on either side by boutique hotels and private residences. You will find only a couple of restaurants here – Mary’s Restaurant (one of our favorites!) and Caracoles (serving typical Costa Rican food at an incredibly beautiful spot on the beach). There are a couple of shops (Super Chicos, Freedom Riding SUP) and the popular Zip-line Canopy Tour (Canopy Malpaís).

Playa Carmen

The area of Playa Carmen is considered to start approximately at the crossroads as you enter town, and stretch north until the second bridge near to Hotel Tropico Latino.

This area is more bustling with activity – there are two banks (Banco Nacional and Banco de Costa Rica), a pharmacy, and lots of shops, bars and restaurants.

Playa Carmen is a long white-sand beach, and the surf is considered to be more beginner-friendly in the summer months (November to April).

Santa Teresa

The area of Santa Teresa starts approximately at the second bridge near to Hotel Tropico Latino and stretches all the way north to the Penon and beyond.

The center of Santa Teresa has many shops, restaurants, bars, hotels and hostels. The further north you go, the quieter town becomes. The beach is long and beautiful, with white sand and consistent waves throughout the year. On certain tides and during periods of swell, the surf here would be considered intermediate and advanced only.

Playa Hermosa

North of Santa Teresa is the long broad white-sand beach of Playa Hermosa. This is a beautiful and peaceful spot. There are not yet many restaurants and shops in this area – although there are a couple of outstanding dining options (Koji’s, Couleur Café, TP8).

Playa Hermosa is now a much sought-after location, thanks to its beautiful beach and more-forgiving waves (except in big swell!).

This location is perfect for people looking for peace and quiet, and yet who want to be only a short drive to the shops and restaurants of Santa Teresa.


Santiago is the area just up the hill from Playa Hermosa. At the top of Hermosa Hill, the area of Santiago stretches north to Manzanillo and south to Rio Negro. The land here is mostly old farmland.

There are some beautiful properties in the hills of Santiago, some of them benefiting from both gorgeous valley views and ocean views. It is much quieter up here than down in Hermosa or Santa Teresa, and yet it is only a ten-minute drive into town.


Manzanillo is located a few kilometers north of Playa Hermosa and just north of Santiago. It is a very quiet and very Costa Rican fishing village – here you will find a handful of hotels, a couple of typical Costa Rican restaurants and bars (our favorites are Dayka and the Atardecer Dorado), and farms. The beach is long and beautiful, stretching as far as the eye can see north to Coyote and beyond. The Ario-Caletas Nature Reserve is located just north of Manzanillo.

San Isidro

San Isidro is the town before you reach Playa Carmen, on the road from Cobano. There are some great lots to be found in this area, at a good price. The land is mostly old farmland. Many of the lots have beautiful valley views, and all of them enjoy the fresh breezes and all-year-round water of San Isidro. The land is fertile here. This area is for people who want to be out of town, who love nature and tranquility, and don’t mnd a short drive to get into town or to the beach. Depending on where you are located in San Isidro, the surfing beaches of Santa Teresa are anywhere between a ten or twenty-minute drive away.


Montezuma and Cabuya are the towns located on the other side of the Cabo Blanco Peninsula. Cabuya is a small, quiet fishing town. There are a couple of great local restaurants here (The Bakery being one of our favorites!) and the entrance for the Cabo Blanco Nature Reserve.

Montezuma is a busier town to the north of Cabuya. It bustles with restaurants, shops, hotels and yoga centers. There are some spectacular views to be hand in the hills above Montezuma and Cabuya.

Playa Coyote

Playa Coyote is a thirty-minute drive north of Manzanillo (depending on the roads and the rivers!) Traveling north to this expansive beach takes you back in time to a traditional Costa Rican beach community. Coyote is an eclectic mix of cattle ranches, expats and Costa Rican vacation rental homes. If you are looking for the peace and quiet of yesteryear this is the place!