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Constant updates on Costa Rica real estate market conditions, news, helpful consumer tips and more
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Shop Macro to Micro We recommend that potential buyers start with the big picture and first focus on educating themselves on Costa Rica, and the investment environment and general lifestyle first. Costa Rica is an amazing destination with tremendous diversity both in its natural surroundings and its social settings in terms of infrastructure, lifestyle, amenities, etc. Deciding first that Costa Rica is a destination you desire and then examining the pros and cons of the varying areas of Costa Rica is an important step. You might find the perfect property at the perfect price, but if you are not in an area which suits your vision, investment goals and personal preference you will have nothing more than a perfect property in an area you don’t enjoy. A professional realtor here should be able to provide you with honest, unbiased analysis of the different areas which Costa Rica offers for investment and should also be inquisitive about your personal goals for the investment. The relationship between realtor and client should be one of a mutual information exchange so that the potentially BUYER can educate the realtor about their personal preferences, investment goals and vision and the realtor can help educate and GUIDE their clients towards deciding on Costa Rica, then on a region or area, and finally on the property or properties that suit their goals. Though more labor intensive, respecting this process enables for clients who are happy both short and long term with their investments and ongoing positive relationships with the realtors who are you guides to investment. Buy with Your Goals in Mind When searching for real estate, set parameters and palpable goals for your search. The cheapest property is not always the best investment and the most expensive properties are not always the most luxurious. Buyers in Costa Rica have a range of goals as dynamic and varied as the topography and people of this amazing nation. Though a friend or acquaintance might have made the investment of a lifetime in the hills of San Jose, if you goals are for coastal vacation use, family trips, etc. their experience and insight might prove useless. Knowing the purpose of your investment and analyzing if the region and specific property you are looking at suites YOUR PERSONAL goals is paramount to success. Buyers who take the time to define their goals, seek honest and a broad range of information to confirm that the properties that they seek meet those goals, and stay true to their vision are the ones who find the most success here. Head in the clouds… feet on the ground This is a phrase we like to use with our clients shopping for properties in Costa Rica. This is a dreamlike destination and to make the right investment requires you to follow your heart and dreams, without losing touch with reality and vice versa. Clients who are constantly looking for properties which only make sense from an economic standpoint with no real affinity for a location or the country as a whole, tend to find less satisfaction in their investments. There are, of course, some incredibly lucrative investment opportunities here in Costa Rica, but numbers can and always do change, and have a tangible sense and belief in the potential of your acquisition is paramount for investors as it helps lend validity to the numbers and potential appreciation which some professionals toss out as matter of fact statistics. If you are promised returns that seem to good to be true, ground yourself and set real expectations for worst case scenarios. The same is true for clients who fall in love with Costa Rica and expect to find everything they dream for in a property at unrealistic prices. This is paradise and remains an amazing place for personal and investment use, but set realistic goals for value and returns. Todd Cutter 2Costa Rica Real Estate www.2costaricarealestate.com Toll free 1-866-374-7798
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Stunning site!
• lot / land -  MLS® $3,900,000 - 200 mtrs ocean frontage Dominical, South Pacific - The Puertocito Marina is a perfect site for a high-end hotel or condominum project with commercial factilities. With over 6 acres of usable, oceanfront land there are a myriad of possibilities. Half of the land is concessioned for commercial use and the other half is concessioned for a hotel. The property is ideally located midway between Dominical and Uvita, in the lee of Puertocito and the northern edge of Puerto Nuevo beach. A private drive leads from the coastal highway down to the site through forest-rimmed, green pasture. From there the drive crosses a picturesque stream to the main building site, which has a wide, rainforest-lined plantel with a tract of cleared, hillside land that will provide the necessary elevation for stunning, ocean-view rooms.
So what can you do with this property? Here's a vision: on the far side of the stream build a luxury botique hotel with a handful of ocean-view, beachfront rooms, and on the near side a high-quality restaurant on the water. Property information
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Only 2 Lots Available
• lot / land - MLS® $250,000 Manuel Antonio, Central Pacific - These are the two best-value ocean view lots in Manuel Antonio. They are located in an exclusive, gated community with 24 hour security, easy access, nicely paved roads, sculpted gardens, and an on-site spa. Each measures 1000 square meters (quarter acre), and the two are continguous. Just below the two lots are three vacation rental homes, listed at $950,000, $1,150,000, and $1,250,000, respectively-- and the views from the two vacant lots are better.
This is a great opportunity for a build-out with great profitability--either for a spec home or vacation home with good cash flow. They will not be on the market for long! Property information
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Exclusive Penthouse
• 4,400 sq. ft., 4 bath, 4 bdrm bi-level - MLS® $2,500,000 - Pinnacle of Luxury Manuel Antonio, Central Pacific - The premier penthouse on the central pacific coast. This is the most exclusive unit available, meeting the highest level of international standards both in construction quality and level of first class finishes. This sole 4 bedroom penthouse boasts 3 bedrooms on the entrance level, each with their own full bathroom. The living room, dining room and showroom kitchen all lead out on to the expansive terrace, which offers million dollar views of the Pacific Ocean and Manuel Antonio coastline. THe upper level's master suite encompasses the entire second floor with a raised platform king size bed, granite counter entertainment center, wet bar, spacious bathroom with dual vanities, imported granite countertops, walk in closet, jacuzzi tub overlooking the Pacific and a sitting area with panoramic views. Additionally, the master boasts an expansive partially covered terrace and a crow's nest viewing deck on a third floor.
The complex is located at the peak of the hill offering the highest viewpoint in the area, overlooking the pacific and lush tropical forest of Manuel Antonio. The finishes include with central air conditioning, vaulted ceilings, custom windows, handmade hardwood doors, custom cabinetry, brazilian granite, built in appliances, Italian porcelain floors, elegant ceiling fans, prewired for cable and high speed internet, stained glass windows, Jacuzzi tubs, and more.
In addition to the immense detail for luxury on the interiors, both the exteriors and common areas also are designed with the highest level of standard. The units are connected by a 14 person elevator, a full gymnasium, infinity pool with sundeck, private saunas, storage, 24 surveillance, private covered parking, interconnected fire alarms, sprinkler systems, emergency generator, 5 day emergency water supply, etc.
Property information
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Many of our clients have been asking about the trends in the market place in Costa Rica....It is important to first understand that although Costa Rica is a relatively small country, it´s markets are very diverse, and the trends in each location are often vastly different. As most have surely read, the northern province of Costa Rica has gone through a tremendous corporate who´s who over the past year. In addition to currently operational Four Seasons, JW Marrriot in construction, Hilton in a conversion stage to open in December, names like the Riu, Regent, Ritz Carlton, One and Only, Miraval, Canyon Ranch, Hyatt, Rosewood, Mandarin Oriental and Westin have all put their names in the perverbial hat. Although most of these mega resorts are not yet under development, they have certainly drawn the attention of the boutique developer, and of course, these top dollar land purchases have helped to bring prices up a notch in the area, as well as bring beachfront parcels to a scarce minimum. Whereas 3 years ago, if you built it, they would come, in preconstruction and sign the check...those days are quickly changing. Some agents fear that this has, in combination with the re market in the states taking a nose dive, hurt the market here and put a dent in sales. Although this, in part is true, I am of the opinion, that this is a much needed, and welcome correction. Clients are getting smarter, and demanding that their developers deliver a better quality, in prime locations, etc...Clients have not stopped spending money, they have just stopped throwing it away. As a broker who enjoys selling, and will only sell a product that gives me confidence for my clients, this is good news. Although these corporate developments will handle much of their sales in house, at prices well above what the average buyer can afford, my belief is that this will breed boutique developments that will offer a lower price point, tremendous quality, and of course, the parallel benefits of these branded products. One product to look out for is the Ocean Club Resort, on the coast, just to the north of the Hyatt Regency site, and just to the south of Flamingo. This resort is slated to break ground early next year, and will be one of the world´s most exclusive residence and beach club´s to be found. Situated on 10 acres of titled beachfront, this property provides ideal rolling topography and ocean views from within...The project will combine a series of mid rise towers in the back, and detached villas, immersed in a natural surrounding with lush gardens, waterfalls, walking paths, and of course, some of the most sophisticated amenities a resort buyer could hope for....Stay tuned for details, or email to place a REFUNDABLE reservation now before the presales are released. More to come on the central and southern pacific coast, as well as the real estate development in the central valley, and more specific Escazu.
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Nosara´s Most Unique Estate Property
• 5 bath, 4 bdrm 1 1/2 story
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MLS®
#NOS3-105
$2,500,000
Playa Nosara , Guanacaste
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Frequented by the rich and famous including high profile movie stars, models and athletes, this one of a kind, magical, estate property has just been placed on the market and represents the only true estate property in the area. Situated on 2.5 hectares, this property is ideal for a slective buyer looking for a true getaway, or an investor looking for a bed and breakfast. Along the top of the one of the most private ridgelines in Nosara, the estate offers uncomparable views of the Pacific Ocean, Nosara valley below, and the surrounding mountains.
The main house offers 4 bedrooms and 3.5 baths, two guest apartments with full baths and kitchenettes, a separate yoga studio, separate fully equipped gym and outdoor tropical bathroom, all situated next to an outdoor kitchen (the 900 sq. ft yoga rancho makes for a great entertaining/dining space), There is also a private office cabina and grounds keeper/security quarters. The 2.5 hectares property also has a beautiful deck and pool overlooking playa Guiones, a private waterfall with a wading pool, lush tropical gardens all over the place, and two separate lots ready for construction of additional houses, a tennis court/basket ball, soccer field, etc..... The property is a part of the original ¨American Project¨ and therefore has a community water system but also has its own well as back-up. The entire property is WiFi with an independent satellite Internet feed. It's a gated estate offering exclusive privacy with no neighbors in view, only the ocean, forest valleys and surrounding mountains.
The property is completely rented for all holidays at &7,000 per week plus kitchen staff. It truly is a unique private resort in Guiones.
Property information
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• 320 sq. m. lot / land
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MLS®
#SAN1-111
$64,000
- $200 per square meter
Santa Ana , Santa Ana
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This lot offers some of the most stunning views in Santa Ana, with both mountain and city views, within the compound Hacienda Paraiso.
It is ready to build with soil test, priced at $200 per square meter.
Definitely an oppotunity you should not pass...
Property information
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• 280 sq. m., 5 bath, 4 bdrm bi-level
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MLS®
#SAN3-110
$255,000
Santa Ana , Santa Ana
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This family home is located within the compound Hacienda Paraiso in Santa Ana, offering stunning mountain and city views, as well as one of the best climates in the Central Valley.
The house has a spacious living room on the first level, kitchen with granite countertops as well as a dining area and terrace.
On the upper level you´ll come across the master bedroom, with its bath featuring a large jacuzzi tub, and a beautlful balcony to enjoy the views. There are 2 more bedrooms with bathroom, that also have balconies.
The house is very secure, with central burglar and fire alarm system, as well as a fence with automatic door opening.
Property information
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Turn Key Commercial Center
• 660 sq. m. 2 1/2 story
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MLS®
#SJD4-102
$2,500,000
Guadalupe , Central Valley
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Located on one of the busiest street corners in the area, this turn key commercial center offers unlimited potential for an astute business operator. Operating with the only liquor license within 3 road blocks, this bar/restaurant is a cornerstone in the area, and with a variety of commercial spaces on the first floor, this building is a real cash cow.
The entire building offers 660 sq meters of construction, including 300+ on the first and second floor, and a small mezzanine/office on the third floor. Currently, there is a cafe/internet/smokeshop on the first floor, along with a hair salon, tanning salon, giftshop, as well as a chiropractor´s office. The second floor is home to the area´s nightlife hotspot, which is currently netting over $16,000 per month. The spaces on the first floor are netting over $3500, making this a unique opportunity with excellent opportunity to improve as the business is just taking off....
Property information
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Contemporary Pacific Estate
• 580 sq. m., 5 bath, 5 bdrm bi-level
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MLS®
#BEJ3-103
$1,750,000
Bejuco, Central Pacific
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This unique, newly built home, intervened by Javier Salinas, one of Latin America's distinguished contemporary architects, has amazing 360 degree views of the Pacific Ocean, mangrove, forest canopy, vast rolling hills, and mountains.
Located in the Central Pacific, between Jaco and Quepos (just a half hour from Manuel Antonio National Park), Playa Bejuco is becoming a sophisticated development area. Due to its close proximity to San Jose and the Int'l Airport- with beautiful beaches, nearby golf course, marina, and world class sports-fishing, the area is attracting investors from around world.
Perched on a plateau overlooking the Pacific, the two homes are situated on 3 acres (12,150 m2), with an abundance of trees and natural landscaping. Visited frequently by monkeys, kinkajous, rabbits, toucans, and a wide variety of other birds, the property is a haven for wildlife. The beach is only a 15 minute walk away and boasts some of the best surf in the country, welcoming sounds of crashing waves to accompany the majestic sunsets.
Construction of the main house is approximately 450 m2 , with living/dining room and tea area, lap pool w/deck, three bedrooms including master suite with office/den, three and a half baths, outdoor shower, kitchen w/ brand new kitchen aid appliances, and laundry room. The guest house has 130 m2 of construction, including two bedrooms, deck, living room, kitchen/dining room, and two baths.
Property information
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Excellent Development Opportunity
• lot / land
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MLS®
#ESZ1-110
$1,000,000
- $200 per sq meter
Guachipelín, Escazu
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Located within one of the area´s most exclusive gated communities, this 5000+ sq meter lot offers a lucrative boutique development opportunity, or the site of an ideal private estate. Situated just minutes from the area´s best shopping at Multiplaza, CIMA hospital, exclusive schools, as well as the banking and business district, the Cerro Real community is home to some of the area´s most prestigous estate homes. The community offers very tight, 24 hour security, the convenience and proximity of the best amenities in Escazu, combined with spectacular city and valley views.
This lot is located at the heighest point of the entire development, thus providing priveledged views of the city and valley, and is zoned within the community CCR´s to permit up to 5 townhomes, or 2, 3 story towers. The location is truly premier, and therefore, any condos or townhomes, would be absorbed at premier prices in this development.
Seller financing is also available!
Property information
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• lot / land
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MLS®
#ESZ1-111
$115,000
San Antonio De Escazu , Central Valley
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This lot, located in San Antonio de Escazu, has unbstructed mountain views and a great location... you`ll feel that you are living in the mountain but within a short drive of all the amenities Escazu has to offer.
The lot has a building pad at the top of a small hill, therefore you will have clear views of the mountain. It is located within a gated community, and has electricity, water, telephone lines, and all the municipal services. The access roads are paved, as well as the private roads surrounding it.
Property information
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