Why Invest in Property in Costa Rica

Features & Benefits

The growth of the property market in Costa Rica has been linked to the rise in tourism growth over recent years. Attracting around 2 million visitors annually, the truly spectacular destination has become the most visited country in Central America. The balmy climate and biodiversity of the natural attractions are becoming increasingly accessible, leading directly to a rise in real estate demand and property prices.

Controlling the expansion of construction to protect the delicate micro-systems has assisted with the capital growth of the location from demand outstripping supply. Along with protecting the natural surrounds, the controls have lead to creating exclusive, sought after residential constructions. Restrictions for building include the first 50m above the high tide line being public property, along with additional restrictions on the following 150m.

Further to the attractions of Costa Rica’s wealth of natural offerings, the political and economical stance of the country acts as a distinct advantage for the growth of foreign direct investments. Considered to be one of the safest environments in Latin America, the political situation offers a peaceful atmosphere.

Costa Rica abolished its army over 50 years ago and exists as a stable, democratic society. Strategies and assistance with resolving conflicts in surrounding nations has lead to the president obtaining a Nobel peace prize in 1987, and a permanent neutral stance towards international conflicts.

Financial security and economical stability has created a driving force for diversifying the country’s export market. The highly skilled, advanced workforce, combined with tax advantages has developed new markets for Costa Rica to not remain heavily reliant upon the real estate sector for growth. This assists greatly with the protection of the natural environment that has become a key focus for the tourism market, along with providing excellent capital and yield growth potential for property investors attracted to the market.

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