Revealed: 3 Best Buys in Costa Rica
By Margaret Summerfield
By Margaret Summerfield
The 2 million tourists who come to Costa Rica each year probably think they know this country pretty well.
They
relax on pretty beaches, zip-line across the tree canopy, surf the wave
of the mighty Pacific and trek through misty cloud forests.
But
most tourists tend to stick to well-known beach towns and the Central
Valley. That’s not where you’ll find the best property values right now
or the biggest upside potential.
Here are my top three "buy" locations in Costa Rica:
#1. Southern Zone
Manuel Antonio
national park is the second most-visited park in Costa Rica. But you’ll
need to get up early. The park is so busy they restrict the number of
people allowed in to 600 on weekdays and 800 at weekends and on
holidays.
Most
of the tourists don’t travel south of Manuel Antonio to the Southern
Zone. Yet here, two-thirds of the land lies in national parks and
reserves. Corcovado National Park is an immense, pristine wilderness
without roads, stores or hotels. Massive trees tower overhead, filled
with chattering monkeys, neon-bright frogs and spectacular birds.
The Southern Zone
stayed off the tourist trail because it was tough to get to. But a new
road opened in 2010. This place is on the up—yet you can still buy a lot
here in a private community for only $40,000.
#2. Lake Country
Costa Rica’s gorgeous
lake country is easy to get to. Visitors flock to a well-known tourist
destination, a town called La Fortuna. It’s packed with souvenir stores,
pizzerias, cafes, hotels and thermal spa resorts. One of the town’s
luxury resorts even served as the setting for some episodes of the TV
show The Bachelor in 2011.
Few of La Fortuna’s
tourists bother to travel to the other side of the lake. It’s only 45
minutes away. They don’t know what they’re missing. It’s a hidden expat
haven, unspoiled and low-key. Here, you can enjoy good food, great
company and low, low property prices. You can buy large lake-view lots
from only $32,000.
#3. Caribbean
Costa
Rica has two coasts. It’s where you’ll find the country’s most popular
beach towns. But while the Pacific coast boomed with tourism and resort
and residential development, everyone forgot about the Caribbean side of
Costa Rica. Big business forgot about it, focusing on the capital city,
San Jose. Tourists forgot about it, flocking to the country's Pacific
coast. Property shoppers forgot about it, getting caught up in a buying
frenzy on the Pacific coast and in the Central Valley.
But
Costa Rica’s Caribbean side is finally getting the attention it
deserves. Tour companies are adding it to their itineraries. A
billion-dollar port expansion should bring thousands of jobs to the
area. And property buyers are realizing how far their real estate dollar
stretches here. You can buy a 1.24-acre lot for $70,070.
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