{"id":23327,"date":"2019-01-28T12:00:39","date_gmt":"2019-01-28T17:00:39","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=23327"},"modified":"2020-04-13T09:25:41","modified_gmt":"2020-04-13T13:25:41","slug":"costa-rica-tourism-and-real-estate-trends","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/costa-rica-tourism-and-real-estate-trends\/","title":{"rendered":"Costa Rica Tourism and Real Estate Trends"},"content":{"rendered":"

Costa Rica is a popular tourist hub – and as such, its Gross Domestic Product<\/a> (GDP) is highly influenced by that industry. In fact, income for tourism increased by 7 percent last summer (2017), and between 2012 and 2016, the tourism sector\u2019s contribution to the country\u2019s GDP increased from 4.4 percent to 6.3 percent. Accommodation, food, and beverage services were at the top of the list for most important activities. So lets discuss Costa Rica Tourism and Real Estate trends<\/strong>.<\/span><\/p>\n

That being said, many who are looking to purchase homes in the country want to focus on those busy tourist areas, the ones with the good economy and plenty to do \u2013 and we certainly don\u2019t blame them! Purchasing a home in these areas opens up a wide array of possibilities for your finances. You could rent it out during the popular tourist season and then live there in the off season for a more affordable cost of living in a beautiful country, or you could just live there year-round and enjoy the lower cost of living and all that Costa Rica has to offer. If you do decide that this is the right kind of investment for you, it\u2019s important to know where to start when finding properties to purchase.<\/span><\/p>\n

 <\/p>\n

What to Consider<\/strong><\/h2>\n

First, if you want to purchase property near a busy hub, where you can take part in all the action or rent it out to people who do, think about what type of market you\u2019re after. For example, Atenas is a popular area to consider. It sits halfway between San Jose and the Pacific Coast beaches. It\u2019s close to the San Jose\/Juan Santamaria International Airport and has easy access to major highways. It\u2019s known as a hotspot for international living.<\/span><\/p>\n

There are also more mountainous areas that appeal to a different audience, for example, the Central Valley is known for having the most moderate temperatures in Costa Rica because it\u2019s higher in elevation \u2013 which explains why Costa Rica\u2019s capital city is located there, along with most of the country\u2019s population. Those who like mountains and\/or the busy city would head in this direction.<\/span><\/p>\n

Aside from location, it\u2019s important to consider other amenities, like the quality of nearby healthcare and\/or education, if you want to live there or rent out long-term. Finally, you\u2019ll want to consider pricing. Where will your money stretch the furthest? Here are some options.<\/span><\/p>\n

 <\/p>\n

Costa Rica Real Estate Trends by Region<\/strong><\/h2>\n

Atenas\/Central Valley:<\/b><\/h3>\n

First of all, Costa Rica<\/a> is said to have the best climate in the world. If you go to Atenas, you\u2019ll see why. You\u2019ll find that the temperature averages in the 70s all year round, and may sometimes drop into the mid-60s in the evenings \u2013 and that\u2019s about as much fluctuation as you\u2019ll see. In the rain season, of course, you\u2019ll see rain, but that\u2019s usually just in the late afternoon. Atenas offers a slow-paced life that many expat retirees find inviting, and so the likelihood that your neighbors will also be expats is high. If this area appeals to you, you\u2019ll find that real estate prices are actually very reasonable. You can purchase a three-bedroom home for under $150,000, or a nice home in a gated community for as low as $200,000. Atenas is located in the Central Valley, which is the busiest and most popular part of the country, because of its gorgeous views and perfect temperatures.<\/i><\/b><\/span><\/p>\n

The Southern Zone:<\/b><\/h3>\n

There are three main cities here that are worth mentioning, so we\u2019ll just discuss the Southern Zone as a whole. It spans along the Pacific Coast all the way to Panama. The area itself is more \u201coff the beaten path,\u201d but is highly popular with expats and some different types of tourists. For example, Ojochal is a jungle village known for gourmet restaurants run by expat foodies. Dominical is a surfing village that attracts surfing and water sports enthusiasts. The hub where all the banks, stores, and pharmacies are is Uvita. This area is for those who want a quieter life among fellow expats, but it could be good for those who wish to purchase in an untouched area with hopes that it could grow to be more developed over the years and raise your property value. Homes can be found in the $250,000 range for the best views and nicest areas, but you can find them for under $100,000 if you\u2019re comfortable purchasing a little further out of the way.<\/span><\/p>\n

Arenal:<\/strong><\/h3>\n

Arenal:<\/b><\/h3>\n

Another popular expat community, this town is home to Costa Rica\u2019s largest volcano and its largest freshwater lake. You can find great mountain views and also live in the rainforest<\/a> environment. This is perfect if you\u2019re craving something more exotic and you\u2019re into sports like mountain biking and paddle boarding. Real estate prices here are usually cheaper than in the beach areas. You can purchase a two-bedroom house or similar for around the $85,000 mark.<\/span><\/p>\n

Conclusion<\/strong><\/h2>\n

I hope you enjoyed reading Costa Rica Tourism and Real Estate Trends. To learn spanish so that going to Costa Rica is more enjoyable, talk to my friends at icanteachyoualanguage<\/a>.\u00a0<\/strong><\/p>\n

For more information on Costa Rica and residency go HERE<\/a><\/strong><\/p>\n

I would also like to offer you the Costa Rican Country Guide<\/a>. It has a ton of really valuable information.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Costa Rica is a popular tourist hub – and as such, its Gross Domestic Product (GDP) is highly influenced by that industry. In fact, income for tourism increased by 7 percent last summer (2017), and between 2012 and 2016, the tourism sector\u2019s contribution to the country\u2019s GDP increased from 4.4 percent to 6.3 percent. Accommodation, […]<\/p>\n","protected":false},"author":431,"featured_media":23328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[2,9412],"tags":[56,1136,222,451],"yst_prominent_words":[2443,2342,2346,2340,10380,3513,10375,10370,4486,10369,9453,1878,3508,10374,2350,10379,10376,10371,10378,10377],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.escapeartist.com\/wp-content\/uploads\/2019\/01\/Costa-Rica.jpg","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/23327"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/431"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=23327"}],"version-history":[{"count":6,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/23327\/revisions"}],"predecessor-version":[{"id":33659,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/23327\/revisions\/33659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media\/23328"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=23327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=23327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=23327"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=23327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}