Does anyone know the truth about the Costa Rica real estate market?

Does anyone know the truth about the Costa Rica real estate market?
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1 Answer

Answer :

answer:Most of the people saying so are Costa Rican developers and real estate sellers so I can see why you would be wary. I did find this analysis for a US investment newsletter. Excerpt: “The real estate hot spot is the Guanacaste Gold Coast, Costa Rica’s northern Pacific coastline, especially the 38 miles between the city of Pinilla and the Peninsula Papagayo. “Nearly 3,500 deluxe and luxury hotel rooms are expected [on the Gold Coast] within the next three years, [because of] at least nine major hotel and resort projects either under way or in the planning stages,” Simmons said. The Gold Coast area is easily accessible to tourists because of its proximity to the international airport in Liberia.”
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