Home Society 6 Reasons to Buy Property in Costa Rica Caribbean Coast

6 Reasons to Buy Property in Costa Rica Caribbean Coast

by marusia

The Caribbean Coast of Costa Rica is a burgeoning region with immense potential. Centered around Puerto Viejo de Talamanca, this area is rapidly becoming a sought-after destination for both tourists and property investors.

Stretching from the vibrant town of Puerto Viejo to the serene natural reserve of Manzanillo, the Caribbean Coast offers diverse opportunities for those looking to invest in real estate. Here are 8 compelling reasons to buy property on Costa Rica’s Caribbean Coast.

Affordable Real Estate in Costa Rica

One of the most attractive aspects of the Caribbean Coast is the affordability of real estate. You can still find land starting at $20,000, typically located within 5 kilometers of the beach. These parcels often lie near rivers or on gentle slopes, with public roads providing easy access, simplifying the process of obtaining construction permits. Local real estate experts, such as Punta Uva Realty, can assist in finding and developing your dream property. Compared to other regions of Costa Rica, the Caribbean Coast offers more accessible prices, making it an ideal entry point for investors.

Costa Rica Real Estate Beachfront

Beachfront properties on the Caribbean Coast present unique opportunities and challenges. Due to Costa Rican law, the first 200 meters of coastal land are Maritime Zone (ZMT), meaning you can’t own it outright. However, you can lease these properties for 80 years with renewal options. Properties just beyond this maritime zone offer the advantage of close proximity to the beach, typically a 2-minute walk. In areas like Punta Uva, Arrecife, Playa Chiquita, and Manzanillo, land prices near the beach start at $120 per square meter.

Costa Rica Real Estate Under $50K

Finding property under $50,000 is still possible on the Caribbean Coast. These parcels, usually located 3 kilometers or more from the beach, offer an affordable slice of paradise. With the help of local experts, you can secure a beautiful piece of land and build your dream home, making this an attractive option for budget-conscious buyers.

Growing Tourism

Costa Rica has reached a historic milestone in tourism, concluding 2023 with record foreign direct investment (FDI) flows amounting to $3.921 billion, exceeding the target by 31%. Tourism on the Caribbean Coast is booming, contributing significantly to this growth. This thriving industry underscores the potential for lucrative real estate investments in the area.

Environmental Beauty and Protection Manzanillo

The natural beauty of the Caribbean Coast is unparalleled. The region includes protected areas like the Gandoca Manzanillo Wildlife Refuge, spanning 5,303 hectares. Investing in property here means enjoying pristine beaches, lush jungles, and abundant wildlife. This commitment to environmental preservation enhances the region’s appeal, ensuring that its natural charm is safeguarded for future generations.

In conclusion, the Caribbean Coast of Costa Rica offers a unique blend of affordable and luxury real estate options, stunning natural beauty, and a rapidly growing tourism sector. Whether you’re looking to invest in a budget-friendly plot, a luxury villa, or a beachfront property, this region provides diverse opportunities to suit various needs and preferences. With the support of local https://puntauvarealty.com real estate experts, investing in the Caribbean Coast can be a rewarding and wise decision.

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