Get 11 answers to the hottest questions on Costa Rica Real Estate Guanacaste properties. Invest smart now as an income opportunity, and then, retire to paradise!
Costa Rica Real Estate Guanacaste Investment: FAQ’s
The northern side of Costa Rica is turning into a year-round destination. And this means that buying a property in Guanacaste can be a great source of income until you decide to call this country home in the long run.
Here’s a list of frequently asked questions by people looking to acquire Costa Rica Real Estate Guanacaste properties:
Is buying a property in Guanacaste a good investment?
Guanacaste is a stunning area where acquiring real estate can be an excellent investment. This is particularly true because properties here sell for a fraction of what it would cost you in the States for something similar.
Where should I invest in Guanacaste?
The top places to make a Costa Rica Real Estate Guanacaste investment are:
- Playas del Coco
- Playa Hermosa
- Papagayo Peninsula
- Playa Ocotal
- Playa Carrillo
- Playa Langosta
- Playa Potrero
- Las Catalinas
- Playa Junquillal
- Playa Grande
Can a foreigner buy a house in Guanacaste?
Unlike some of the other countries, foreigners do count on the same purchasing rights as Ticos. You can own property in your own name, or you can own it in the name of your own corporation. There is no need for a local partner, with beachfront concession property being the only exception.
Here’s a great guide with more info: https://ticotimes.net/realestate/the-19-step-costa-rica-real-estate-guide-for-foreign-buyers
Do you pay property taxes in Guanacaste, Costa Rica?
The property taxes in the country are very low. You will actually pay a 0.25% property tax on the value appraised and registered by the city, which is in most cases a lower amount than the actual value of that property. For example, a $200,000 property might be registered by the city for $50,000.
Find more info here: https://www.specialplacesofcostarica.com/costa-rica-property-taxes-guide/
How much does a condo or beach house cost in Guanacaste?
A condo located near the beach in Costa Rica can range anywhere from $50,000 to as much as $500,000 depending on the area. A beach house in Costa Rica can have an average price of $400,000
Here’s a link with further info: https://www.coldwellbankercostarica.com/real-estate/guanacaste/guanacaste/beachfront/
Is a Guanacaste beach condo a good investment?
A Guanacaste beachfront condo is an outstanding long-term vacation rental investment. Over the course of a few years, you can earn many times what you initially paid for the property. Of course, homeowners will also count on a vacation home which they can use any time they want.
Costa Rica Real Estate Guanacaste: Moving To Costa Rica
Is Costa Rica still a good place to retire?
Costa Rica is a country full of natural wonders, coffee, and an affordable cost of living compared to the States. This has been a very popular relocation country for many ex-pats for the past forty years.
Great info here: https://internationalliving.com/countries/costa-rica/retire/
Where do most ex-pats live in Costa Rica?
The Central Valley, the Northern Zone, the Southern Zone, the Nicoya Peninsula, Arenal, the Caribbean Coast.
Here’s a link with more info on the top beaches located in the Pacific Coast of Costa Rica…
How many American retirees live in Costa Rica?
According to the US State Department, more than 50,000 calls this beautiful country home.
How much money do you need to retire to Costa Rica?
For most retirees, retiring to Costa Rica is cheaper than it is in the States. You can live comfortably in Costa Rica with an average of $1,400 to $2500, including rent.
How much is the average rent in Costa Rica?
For a 3-bedroom, 2-bath, you can pay between $750 and $2000.
Costa Rica Real Estate Guanacaste Homes Are The Latest Topic
US retirees are flooding to Costa Rica, a Central American nation that is becoming more popular for those deciding to go the ex-pat way. Until the mid 90’s, the province of Guanacaste was basically unknown to outsiders. But, after Liberia International Airport opened its doors to direct flights from the United States, everything changed.
Before this airport became operational, foreigners were forced to fly into Juan Santamaria International Airport in Alajuela, to then take a short domestic flight, or take a four-hour drive to the coast. Now foreigners can be at the beach just twenty minutes after clearing customs!
This has attracted many US senior citizens looking for the perfect Guanacaste beachfront condo to retire to. These retirees are marveled by the perfect warm weather, the most beautiful, calm beaches, great coastal waters for sailing, and of course, the impressive biodiversity.
Those not retiring yet are seeing this as an opportunity to rent their beach homes to visitors, earning a good return on their investments.
Tamarindo | Costa Rica Real Estate Guanacaste
Tamarindo beach, the largest town in southern Guanacaste is a real surfing hub that has been attracting foreign real estate investment for a long time, and it’s now the hottest marketing in the region.
Great listings here: https://www.point2homes.com/CR/Real-Estate-Listings/Guanacaste/Tamarindo.html
Papagayo Peninsula | Costa Rica Real Estate Guanacaste
The Peninsula de Papagayo is a Costa Rica Real Estate Guanacaste area that has been attracting Fortune 500 members and other top celebrities for quite some time now.
Prices for luxury beach homes here are in the millions of dollars, including those available at Four Seasons Residences, a key driver of growth in this particular region.
Top listings available here: https://www.coldwellbankercostarica.com/real-estate/guanacaste/papagayo/
Playas del Coco Real Estate
This town is a real magnet for foreign investors, with housing prices in and around Coco in the hundreds of thousands to those in the millions. What this reflects is a wide variety of great investment in Costa Rica Real Estate Guanacaste stock. These offerings can go from fibro shacks to luxury villas and everything in between.
Great Coco and surrounding areas listings: https://www.palmrealestatecr.com/
Playa Hermosa Real Estate
Just a few miles north from Coco is the much quieter Playa Hermosa, a residential community with a good number of prestige homes, many of which are located within gated communities. As Hermosa is smaller, amenities are fewer, so you are choosing between Hermosa’s peace and quiet living, or the convenience of Coco.
We hope you’ve found this article on Costa Rica Real Estate Guanacaste properties helpful, keep visiting us for more!