Costa Rica Real Estate Returns To The World's Top Ten
Costa Rica has once again made it to the top ten most desired real estate investment/retirement locations in the world according to International Living Magazine. A rapidly developing infrastructure that includes new highways, new hospitals, telecommunication improvements, and two new international airports apart from stabilizing prices due to natural economic factors are the many factors which have helped this jewel of Central America appear once again in the top ten, after having been dropped from the list in 1997 due to what appeared to be over inflated prices.
Owing to its high quality of care, Costa Rica has recently become a top medical tourism destination. Wooing Americans to Costa Rica for Quality and affordable dental and medical Care, is what companies like Health Check Costa Rica are doing extremely well. Robust with retirees and what Dennis Easters of Pure Life development of Atenas calls pre retirees, is what the Central Valley Real Estate market has been lately. With a keen eye to infrastructure, people in their 40's and 50's are searching for their future retirement locations. Together with Hospitals, quality medical care, good roads & restaurants, an affordable cost of living is what people want. And here all of that is readily available.
Atenas, for example, which was recently voted by the AARP as one of the world's top ten retirement destinations has a population of about 20,000 (including its sprawling suburbs), but the area is known for being safe and clean. Health and fitness centers, swimming pools, tennis courts, excellent restaurants, dentists, physicians, many fascinating shops, and one of the best street markets in the country, is what Atenas has, like several other towns in the Central Valley. And to top it off, it is spectacularly beautiful.
Trying hard to catchup with the central valley which is ahead of most parts of the country in regards to infrastructural development, the North, Central, and southern pacific coasts have many major projects already underway. The construction of a 115 million dollar annex to Hospital Cima in San Jose is being welcomed by Rebecca Clower of Blue Water Properties of Costa Rica in Northern Guanacaste. "The great jobs the government has been doing on public road system of late, along with bringing modern medical facilities to this area coupled with the major expansion of the Daniel Obuder International Airport close by, is what is changing the whole picture for Guanacaste Real Estate. Our last big boom cycle here were vacation and second home owners using equity lines of credit. Client's now are different and they look for a dream that is no longer affordable in the U.S. Leading to a more stable and sustainable growth pattern here in Guanacaste and the beach area in general, is what this is doing. A spectacular ocean view lot can once again be had for 100k as new roads have opened up areas here that were not accessible before.
Costa Rica is finally gearing up to retain the honor of being the top destination in Central America, after it has weathered some boom and bust cycles. What has made Costa Rica an excellent consideration for your real Estate investment dollars, both in our eye and that of International Living Magazine, is an intelligent eye to infrastructure, private investment in hospitals and an equilibrium of sorts on Real Estate prices.
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