Last Updated: Nov 22, 2024

Why are so many real estate investors flocking to Playa Hermosa, Playa Panama, Playas Del Coco, Playa Ocotal and Playa Matapalo regions?

The exceptional dry climate, beautiful beaches, world-class diving, excellent sport-fishing and convenient access due to the International Airport at Liberia has been a draw for many real estate investors in the past. Added to this the five-star development that is taking place along the Gold Coast.

The Four Seasons opened their hotel 13 years ago, a $500 million resort with a CRGA rated Arnold Palmer Golf Course directly across the Gulf of Papagayo from our Playa Panama beaches. There are currently plans for over a dozen resort hotels to be built here in the Papagayo Region to add to the existing hotels including the JW Marriott, Hilton Papagayo, Sol Melia Papagayo Bay, RIU Guanacaste, RIU Palace, Westin, Bulgari, Rosewood, Planet Hollywood Papagayo Hotel and the Andaz Hyatt. There are plans for a major marina in Playas del Coco to compliment the 200 slip Marina Papagayo adjacent to the Four Seasons Resort. All of this has everyone very excited as property values, tourism and business will steadily increase over the next few years making this one of the best investment opportunities in Central America. The Liberia International Airport is continually expanding to accommodate new direct flights globally and across the road from the airport at the Solarium Industrial Development, Coca-Cola just broke ground on a new plant representing an initial investment of $50 million. The 103-thousand-square-meter property will allocate some 34 thousand square meters for the construction and will create over 130 new jobs.

Have you considered retiring in Costa Rica?

Many wise investors are buying real estate as an investment with the goal of retiring here. Rental income helps pay for your investment and, when the time comes to retire, you have a home in a popular resort area to enjoy to the full. Even if you decide not to retire in Costa Rica, you have an investment that will continue to appreciate. Either way, it's a great time to buy real estate in Costa Rica. Did you know you can use your IRA or 401K to Invest in real estate here in Costa Rica? For more information contact us today.

Foreign citizens can own Costa Rica property!

That's right, with very few exceptions the local laws allow foreign ownership of property in Costa Rica! You can purchase the property in your own name, or in the name of your own company or LLC corporation. Property here is titled through a computerized central registry and all real estate transactions are done through established Escrow companies as Stewart Title/ Secure Title. The experts at Re/Max Prestige Ocean Properties can help you understand all the ins-and-outs of buying and selling real estate. We make it easy to buy and easy to understand the process. Having the right real estate team on your side is essential to selecting, and protecting your investment. We look forward to working with you here in beautiful Costa Rica! Contact Us Now to get started on your search for Costa Rica real estate.

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