Costa Rica’s real estate market is booming. A stable government, steady economy, great social benefits, pristine landscapes and a welcoming, friendly people all help make the country a popular destination for retirees and investors. Here is a guide to some of Costa Rica’s hottest real estate areas.
Guanacaste
A great climate, gorgeous beaches, and a growing infrastructure make this Costa Rica’s hottest market right now. Several international hotel chains (including Four Seasons, JW Marriot and Hyatt) all contribute to the area’s growth, which radiates from Tamarindo. Liberia, the provincial capital, is also growing due to increasing traffic at the international airport.
Northern Mountains
Monteverde’s cool climate and tourism opportunities draw some to this region. La Fortuna and nearby Lake Arenal are starting to attract more international buyers. The area around Ciudad Quesada has lots of large ranches available.
Central Valley
San José’s western suburbs of Escazú and Santa Ana are home to the many of the valley’s moneyed, and local services reflect this. Plenty of shopping, great restaurants, excellent international schools and big-city amenities contrast with the area’s laid-back feel. Heredia, north of San Jose, offers an excellent climate and proximity to great services. Grecia, to the west, is close to the airport. New commercial developments are popping up in this cool mountain community.
Central Pacific
From Jacó to the Quepos/Manuel Antonio area, this region has seen terrific growth in recent years. The long-awaited San José – Jacó highway, slated to begin in November, aims to cut travel time to just 45 minutes. Beautiful beaches, a strong foreign community and plenty of amenities make this region very popular.
Southern Pacific
Dominical and the Osa Peninsula
Virtually untouched and wild in beauty these areas are experiencing increasing land values, yet still are more affordable than many beach areas around the country. The government is planning on building an international airport in the region, and speculators are already buzzing that the area could be the next Guanacaste.
Limón
Growth has been slower on the Caribbean side. While the Puerto Viejo area has seen a small boom in recent years, most developers and agents figure that it will be five to ten years before land prices and demand compete with the rest of the country.
Courtesy of Costa Rica Traveler. Published with permission.
