Green image of the country attracts large investors, pensioners and digital nomads from the US, Canada, England and Germany, among other countries.

Living without major complications in a tropical paradise, where the sense of fulfillment and satisfaction with oneself converge when reconnecting with nature after two years of concerns about Covid-19, has made foreign investors, pensioners and digital nomads turn their eyes towards Costa Rica.

With this, the real estate market in Guanacaste reports an increase in the value of its properties of up to 20% and with a great possibility of further growth when the interest of Asians in Costa Rica explodes.

iving without major complications in a tropical paradise, where the sense of fulfillment and satisfaction with oneself converge when reconnecting with nature after two years of concerns about Covid-19, has made foreign investors, pensioners and digital nomads turn their eyes towards Costa Rica.

With this, the real estate market in Guanacaste reports an increase in the value of its properties of up to 20% and with a great possibility of further growth when the interest of Asians in Costa Rica explodes.

Santa Teresa, Nosara, Santa Elena, Bejuco and other destinations near the coast are the places where investors are setting their sights.

The international prestige of being a country of peace, rights, stability, an environmental benchmark full of natural beauties and with a series of facilities, are also taken into account by foreigners when looking for a place to invest or settle.

That is why it is no coincidence that two large construction projects were announced in recent weeks for Guanacaste: a seven-star hotel in the Gulf of Papagayo and the “Nya” real estate development in Liberia.

For Randall Fernández, CEO and founder of the consulting firm Ranfer – Networking, the green image, the environmental awards and the country brand have boosted the sale of properties on the coast of Guanacaste.

“What is happening is real, there is a demand to have land, to have my house in this paradise, to have my hotel here and Costa Rica is in fashion for Canadians, Germans, English, Americans and that the market has not burst. eastern,” Fernandez said.

The topography, the location, the accesses and having an airport that allows them to travel in a short time to other destinations on the planet, are the strong points that Fernández highlights so that foreigners, especially Americans and Canadians, decide to settle in the province.

“The pandemic is conjunctural, structural is a beautiful country, spectacular beaches, that is structural, that is not taken away from Costa Rica, two hours from the United States, an airport next to the beaches, what we are seeing is the beginning of a cluster of what Guanacaste is,” Fernández added.

But not only the sale of properties will continue to increase, but also their prices, due to the high demand from investors to acquire land from nationals in Guanacaste.

“It is very likely that prices will continue to rise as the Costa Rica phenomenon consolidates. Due to its many advantages, Costa Rica has proven to be an alternative with almost no direct competition for luxury tourism and for retired residents of Canada and the United States,” said Allan Rodríguez, president of FCS Capital.

Rodríguez believes that this accelerated phenomenon will generate a positive effect on the local and national economy.

“The impact on the distribution of wealth and the development of the necessary infrastructure to achieve this consolidation will raise the standard of living of all Costa Ricans, especially those whose skills allow them to offer services to tourists and residents in the coastal areas of the country” Rodriguez added.

Another trigger for the rental and sale of properties will be the legalization of digital nomads in the country, since many foreigners are waiting for the regulation to be issued that will allow them to settle for long stays in Costa Rica, to work remotely.

Source LA REPUBLICA