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Costa Rica is known worldwide for its precious natural resources, upscale tourism, and immense biodiversity. In the last decades, this country has also started to attract the attention of real estate investors from overseas who find luxury, comfort, and natural beauty at more affordable prices than in the US or Europe.
Diversity in property options, secure neighborhoods, peaceful environment, amenities, high-quality infrastructure, and sharing the same ownership rights as locals do are just a few reasons that have turned the housing market in Costa Rica into a very successful one.
If you are interested in investing in Costa Rica the following information will be helpful as it will show you the areas or neighborhoods that rank highest in value and capital gain.
Rohrmoser and Sabana have experienced significant growth in vertical developments, mainly for residential purposes, but also for offices, shopping centers, and commerce in general. They have an excellent road and transportation system, and different educational options, from bilingual schools and colleges to universities. The surrounding areas are conveniently close to countless shops, government offices, the national stadium, several hotels, and international restaurants. The price per square meter ranges from $800-$1,600.
Rohrmoser Nunciatura Neighborhood
The Nunciatura neighborhood has several housing options, and Hyde Park is one of them. This is a 15-story tower with 35 apartments and 3 penthouses, all overlooking Parque Perú and within walking distance from La Sabana. Amenities include a blended lounge, rooftop pool, gym, family/entertainment room, underground parking, and more. The proximity to restaurants and convenience stores, as well as road access and the tranquility of the park, are some of the advantages found here.
Soho Paradisus, located in the Geroma Neighborhood, is close to everything you can possibly need, but far from the noise, surrounded by nature and with incredible views of the city. They offer various options and plans designed for investors, including everything from an equipped apartment to guaranteed one-year profitability. Soho Paradisus has 6,000 m2 of green areas and more than 1,300 m2 of amenities including a gym, sauna, and co-working space to name a few.
Escazu and Santa Ana are two towns situated next to each other, about 20 minutes west of the capital city of San Jose. Here you can live in a quiet place, with a perfect climate, and everything you need at your fingertips. This area has captivated the interest of national and international investors thanks to its high pace of financial development, purchasing power, one of the most developed infrastructures in the country, excellent security, amazing views, and its vicinity to relevant business projects such as Hospital Cima, Multiplaza, Forum, Avenida Escazú, and many others. The value of the square meter in these areas is quoted between $1300 and $1500.
Cerro Alto is one of the most exclusive projects in Escazu. Some of the amenities offered are 24×7 security, a tennis court, a children’s play area, a clubhouse, pedestrian paths for walking, a swimming pool, a gym, and a soccer field. It is located near the best entertainment, shopping, restaurants, and business areas, among others. Here you can find tranquility, security, and an exclusive environment to live in.
Lomas del Valle-Alto de las Palomas
An unmatched area with resort-like conveniences is what Lomas del Valle offers. This unique condominium is conveniently located between Escazu and Santa Ana where you can find sumptuous homes and condos custom-made to satisfy your every need and taste in style and size. Amenities include tennis courts, a racquetball court, a lap pool, a gym, a clubhouse with its own pool, a BBQ area, and a playground for kids. All this is surrounded by the exquisite mountains of the area. Apartments’ size range from 100-280m2 and houses average 360m2 in properties from 600 to a maximum of 1,000m2.
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Manuel Antonio is one of Costa Rica’s tropical havens situated on the central Pacific coast, in the Puntarenas province. It is considered one of the most beautiful areas in the country for its astonishing National Park, closeness to the fishing town of Quepos, world-renowned Marina Pez Vela, copious wildlife, incredible beaches, and great restaurants. The price per square meter in this area averages $250 – $400.
El Salto Estates
This is a one-of-a-kind gated community with the most convenient location. It only takes a 5-minute drive to get to Quepos downtown and its marina and just 10 minutes to reach Manuel Antonio National park and all the magnificent beaches around it. Expats have been drawn to this place for its privacy, immersion in nature, breathtaking views, and closeness to restaurants, banks, shops, and more. The smallest lots are around 1.25 acres in size, while the biggest ones are over 3 acres.
Hills of Portalon Estates
Located just 15 minutes from Manuel Antonio there is Hills of Portalon Estates. This is a majestic area of 140 acres of a private nature reserve with 25 ocean-view lots. Here you can live in the middle of nature without altering it while being close to the marina, the beach, and convenient shops and commerce. They have available lots for you to build the dream house of your liking or houses already built.
Belén- San Francisco
Other of the quintessential areas to live in Costa Rica are Belen and San Francisco, two exclusive and expensive towns located 4 miles apart from each other, in the province of Heredia. They offer a welcoming climate, wide commercial options (like stores, supermarkets, shopping centers, close to the airport and multinational companies), many gastronomic options, great universities, and some of the most important business centers in Costa Rica. The approximate price per square meter in this area goes from $900 to $1200.
La Arboleda is a fancy condominium with automatic access, a boulevard with a cobbled street, recycling space, underground electrification, and fiber optics, located on the Ribera de Belen. It offers spacious houses with contemporary designs and luxury finishes. The number of amenities is one of the added values most people love such as lap pool, fire pit, equipped gym, yoga area, kindergarten, pet park, co-work space, game room, tennis court, mini golf, 2 recreational pools, and more. They have different types and sizes of properties to choose from.
Torres de Velarde-San Francisco
With a majestic view of the Central Valley, and just 5 minutes from the Heredia Hospital, located in a highly strategic area near countless shops and educational centers, is Torres Velarde. This is an apartment complex that offers comfort, security, and elegance. It has large gardens, indoor parking, social areas with jacuzzis, and a tennis court, to name a few amenities.
Flamingo/ Tamarindo/Papagayo Gulf
Flamingo, Tamarindo and the Papagayo Gulf are some of the most astonishing beach towns in the province of Guanacaste where luxury and nature meet to make you feel like royalty. The reasons why these towns are so attractive to investors are their wonderful landscapes, the many beautiful beaches around, the proximity to the national parks of the Pacific coast, the commercial development, and their easy access by various routes. There are many options to choose from in both towns from lots, apartments, and houses of all sizes, either beachfront, with ocean view, garden view, or mountain view. Prices depend on the variables just mentioned, which is why we strongly recommend the professional advice of our real estate agents who know the area best and can point you in the right direction of what you want. You can find them here.
Expensive neighborhoods in Costa Rica share very similar characteristics: amenities, comfort, availability of services, easy access, and incredible views of nature. You can rest assured that no matter your preference, whether in the city, in the mountains, or at the beach, you can find in Costa Rica all the luxury and incredible natural beauty to live the life of your dreams.