The Central Pacific region of Costa Rica has experienced a remarkable boom in its real estate market in recent years, driven by a unique combination of factors that appeal to both locals and foreigners. In this article, we explore the trends that make the Central Pacific real estate market attractive.
Verticality versus Agricultural Community
Real estate market trends in Costa Rica’s Central Pacific are diverse.
On one hand, we have areas like Jacó, known for its vibrant nightlife and spectacular coastal landscape. This beach has seen significant vertical growth in recent years. Condominium developments and apartment towers offer modern amenities and breathtaking views of the Pacific Ocean, attracting those seeking an urban seaside experience.
Following Jacó, Bejuco has emerged as one of the fastest-growing residential and commercial destinations in the Central Pacific area. With its unique natural environment and tranquil atmosphere, Bejuco provides an attractive alternative for those wishing to escape the city bustle without sacrificing modern comforts.
However, there is also a growing demand for agricultural plots within communities, where privacy and connection with nature are prioritized.
A Destination for Young Foreign Population: Nature, Surf, and Condominiums!
The search for nature, adventure, and the promise of a relaxed lifestyle centered around surfing has drawn a growing population of young foreigners and locals to the Central Pacific. From exploring tropical jungles to riding ocean waves, the region offers a wide range of outdoor activities that cater to the interests of adventurers of all ages.
Thanks to this market, condominiums with amenities continue to be a popular choice for those seeking comfort and luxury in the Central Pacific. From infinity pools to fully equipped gyms, these developments offer a modern and sophisticated lifestyle that appeals to both local residents and foreign investors.
Diverse Communities: Locals, Digital Nomads, and Expats
The Central Pacific has been a magnet for digital nomads and expats in recent years, thanks to its excellent quality of life, modern infrastructure, and welcoming and diverse community. The region provides a conducive environment for those working remotely or seeking to establish themselves abroad.
In addition to the diversity within the community, there is also different real estate options available, with varied price ranges. From affordable condominiums to exclusive luxury properties by the sea, there is something for every budget and lifestyle!
Despite the growth of the real estate market in the Central Pacific, the availability of modern luxury and ultra-luxury homes remains relatively low compared to other areas of the country. This unmet demand presents exciting opportunities for developers and builders looking to capitalize on the ongoing interest of both local and international buyers in exclusive properties.
If you are interested in investing in the area, do not hesitate to do so with the assistance of our local experts.
