Guanacaste Real Estate: Great Chance for Value Investment

The rapidly growing Guanacaste region of Costa Rica provides investors with a true value added real estate investment opportunity. The recent “discovery” of the beauty of Guanacaste’s beaches has spurned a growth in the region yet prices remain at somewhat modest levels.

The province of Guanacaste, located along Costa Rica’s North Pacific Coast, offers travelers and vacationers a host of activities which has made this province the most visited area in the entire country. From golf, to diving, to sportfishing, the list of activities to be found in Guanacaste is virtually limitless. Guanacaste’s beaches, roundly regarded as some of the nicest beaches in Costa Rica, have become a major source of tourism and accordingly, present investors with a chance to “get in early” on a rapidly expanding area in the country.

The residential real estate market in Guanacaste consists of the properties that one would expect of a region heavily centered on the beach. The condominiums are largely found in newly constructed complexes. Consequently, available condos consist of everything from the top of the line luxury suite to more basic two and three room apartment type condos. Most of the newly constructed condos in the area boast ocean views and/or beachfront access. Gated golf communities as well as free standing homes on or near the beach, and mostly new construction, are available for purchase.

The commercial investor can likewise find plenty of opportunity in the Guanacaste region. Beach front lots, primed and ready for development, are available at largely affordable prices. Undeveloped land, zoned for multi-unit complexes, both on and off the beach may be found by investors interested in crafting their own project. Moreover, existing hotels, restaurants, and small retail spaces may be found on the commercial listing sheet.

Guanacaste provides investors with a unique chance to enter a rapidly growing tourist destination. The wealth of beach front property and opportunity for development should give all investors ample reason to investigate further this destination on Costa Rica’s north coast.