Real Estate in Costa Rica Booming, Investors Set Their Sights on Guanacaste
In the first quarter of 2013 real estate in Costa Rica saw the highest quarterly increase since 2000. With real estate acquisition and development by foreign investors pumping in over $377 million dollars to the national economy in the first 3 months of 2013 alone, Costa Rica real estate is once again on the rise and investors and developers have their sights set on the potential of real estate in Guanacaste.
Second only to the central valley and San Jose, the northern Pacific Coastal region of Guanacaste is considered one of the most important markets in Costa Rica real estate by both experts and investors. For years, foreign investors and real estate developers have seen this Costa Rica region as having significant impact and opportunity in the Costa Rica real estate market. Now, the region of Guanacaste, which was highly affected by the U.S. housing bubble, is seeing a real estate revival.
With beachfront developments, such as Hacienda Pinilla, starting up again and a significant increase in construction activity, as well as demand, Guanacaste real estate is on the rise and appreciation of Costa Rica real estate is once again positive. An ever growing infrastructure and the influx of tourism from the Daniel Oduber International Airport in Liberia make the Guanacaste region ripe for the real estate business.
Guanacaste ocean view homes and properties have made real estate in Guanacaste popular with buyers and investors in the U.S. and Canada and now foreign investors are setting their sights on coastal developments as well as commercial projects in the area. The current potential for growth and opportunity for real estate in Guanacaste is undeniable and the low prices aren’t likely to last long as this coveted coastal region of Costa Rica gains popularity around the globe.
For more information on real estate in Guanacaste and Hacienda Pinilla please call us at 506-2681-4434, email us at email@example.com or contact us.