Costa Rica Real Estate

In an interview done with CEO of Properties in Costa Rica Arturo Guzman by the Real Estate Magazine a number of interested topics were discussed in regards to Costa Rican real estate. Arturo shares his thoughts on some of the current questions of the Costa Rica real estate market.

The article starts out by asking Arturo who is buying properties in Costa Rica? The answer was that local Costa Rican’s and foreigners are buying properties. The locals are encouraged to buy with the opening credit while many foreigners are buying with direct financing available through the buyer. There is also a number of foreigners and Costa Rican’s that have the capital available to buy.

In talking about the recent years of the market in Costa Rica Arturo makes the comment that “Remember that the prices in Costa Rica wre unrealistic in the past years because of the housing boom in the United States” He also states that “in this country people get carried away because a “real estate” expert told them their property is worth so much or that a nearby property sold for a certain price”. The answer goes on to point out the importance of working with reputable appraisal experts and Real Estate companies that have an understanding of the market in Costa Rica.

Where to buy in Costa Rica?

Probably everyone’s favorite question of the article is: What are the Areas of Appeal?
Anyone reading a real estate magazine is going to want to know what one of Costa Rica’s most recognized real estate experts has to say about where to buy. Well the answer was related to new roads and some beautifull beaches along the Pacific coast. The new highway is La Caldera highway that runs from San Jose to the Pacific Coast and also the 40 km stretch of the Coastenera highway that connects the port town of Quepos to Dominical and opens up to picturesque beaches from Dominical South.

Future of Costa Rica Real Estate

By now you are asking yourself what the future holds for Costa Rica real estate? When dealing with the future you sort of have to see where the present is. Arturo had an excellent answer when responding to the future of the market. He mentioned that Costa Rica was one of the happiest countries on the planet, people are very educated, and it is of the top eco-tourism destinations on Earth. As far as we can tell the future looks very promising.

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