Southern Guanacaste, Costa Rica poised for big real estate gains

Posted on February 28, 2007. Filed under: press release, property development, real estate, real estate in Latin America, real estate report, travel hotspots |

by global property guide team

Costa Rica’s exploding Guanacaste Province (North Pacific Coast), which boasts resorts like the Four Seasons and the future home of a JW Marriott, along with numerous high-end communities, has returned wonderful profits for its land owners. Unlike the central pacific region of Puntarenas, land values in Guanacaste are continuing to grow, and new opportunities still exist. The proof of Guanacaste’s dominance is in the out performance of all other areas of the country when it comes to investment returns, especially in its southern area.

Why Guanacaste is hot

(PRWeb) February 23, 2007 — There aretwo primary reasons why Guanacaste is doing so well for investors, in comparison to other regions of Costa Rica. The first reason is that the real estate is so gorgeous. Magnificent beaches of soft sand, with colors ranging from bright white to pink, and turquoise, green and blue waters are a major draw to the region.

Additionally, in the region of Guanacaste, the mountains virtually drop right into the sea, which creates magnificent ocean view lots, even when miles from the beach. The second reason that Guanacaste is doing so well is that the development of the area has been done responsibly, with much respect paid to the environment. The communities are upscale with many private communities of million dollar homes.

Real estate opportunities

Skyrocketing values in Guanacaste are nowhere near the ceiling. Many times, when a region goes through the type of growth that Costa Rica is enjoying, the appreciation caps out before many investors can get involved. Luckily for today’s property investors, Guanacaste has a plethora of beachfront land that remains relatively undeveloped. This means one very important thing… Ground Floor Opportunities! Investors love them if they are lucky enough to find them, and Guanacaste still has some in its southern region. One particularly well-poised town in southern Guanacaste is Nosara Beach.


Nosara: A gold mine for real estate investors?

If you’re not in the know yet regarding Nosara Beach, you might want to hurry up and get involved there. Nosara, while primarily undeveloped, does have a fun town with plenty of restaurants and shops, plus an airstrip served by two daily flights from San Jose on Nature Air and Sansa Airlines. These amenities alone leapfrog Nosara in front of other potential investment areas. In addition to the airstrip and town are gorgeous white sand beaches, and a giant nature preserve which is home to many rare species. Two rivers keep the area green year-round, while the rivers’ estuary (where fishing is famous), and giant tree-covered mountains which overlook the ocean. The current climate in Southern Guanacaste makes a home site or community an attractive investment.

For the masses of investors who want to jump into owning a property in Nosara, or anywhere in Guanacaste for that matter, it may seem pretty complicated. For this reason, the majority of property investors tend to want pieces of land that are inside of planned communities being developed by companies who can remove most of the difficulties for them. Whether an investor wants to take on the challenges of carving out his own piece of paradise, or wants to go with a developer’s project, Guanacaste is a winner, and at this time, especially in it’s southern region.

via eMediawire

discuss: GLOBAL PROPERTY GUIDE FORUMS

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Costa Rica is a perfect destination for nature lovers. The country’s national parks are very well preserved. In the parks you can see Costa Rica’s rich wild life, practice adventure sports, do nice trekkings and excursions, and enjoy Ticos way of life: “Pura Vida” or “pure life”.
Costa Rica is located in the tropic, and its weather is mild all year round. The country has a rainy season, in October and November, that affects mostly its Caribbean coast. But the country can be visited any time, because rains do not last long, and the sun shines almost every day.
The capital of Costa Rica is San Jose, which has an international airport. In the capital you find a couple of souvenir markets, the Central market and “la Casona”. Apart form that there is not much to see in San Jose.
Costa Rica is a very safe country. The best way to travel around is on a rented 4-wheel powered vehicle.
South of Costa Rica is Panama, a country with some destinations you may also visit if you ever go to Costa Rica.

There are so many coastlines in Costa Rica that it goes without saying that properties with an ocean view are plentiful. Costa Rica land is much cheaper than in other parts of America, so many people are vying to get their piece of paradise. With Costa Rica real estate still at about levels 70% less than in the United States, it is no wonder why so many investors are turning their attention toward this land. And because of the capital growth potential and due to the minimal tax consequences, it has also become an ideal place for people to make their second homes.

There is no better way to enhance your portfolio than by increasing your investments in foreign lands, especially in places that are developing rapidly and sending out welcome signals to the rest of the world. This new trend is taking over rapidly. Statistics reveal that all those who availed the chance to invest in foreign land came out with flying colors soon after. Recent surveys prove Costa Rica real estate to be a much better market to invest in, compared to neighboring countries like Honduras, Nicaragua, or Panama.


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