Guanacaste Opportunities - Costa Rica Investment Property
"Every
year, more foreign companies are looking for information about
Costa Rica" Edna Camacho, Director General - CINDE.
Direct foreign investment (DFI) will reach US$585
million during 2004, around $30 million more than projected by
the Central Bank in January.
The Pacific gold coast
of Costa Rica has recently experienced a fast growing tourist
development mostly because of the new Liberia airport receiving
more and more direct international charter flights from U.S. and
Canada and now regular flights with Delta Airlines.
Real estate has been booming
in this area in the last 10 years with a steady increase in property
values, especially those near the beach or with ocean views. The combination
of accessibility and relatively undeveloped pristine beaches is becoming
rare and valuable.
The entire Gulf of Papagayo
is already known as a first class tourist destination. With 2000 hectares
of land, it is the largest government sponsored and approved tourist
resort development in Central America.
With the opening of the Four
Seasons Hotel and the first Arnold Palmer golf course, the area is
of high interest for foreign investment, thus offering good holdings
or re-sale opportunity.
60% of all tourists coming
to Costa Rica currently visit the Guanacaste area. The bay alone offers
40 beaches within 1 hour drive. Ideal climate characteristics exist
for development of a sun, ocean and beach concept projects. The diversity
and quality of scenic elements, the panoramic views are magnificent
and the low wave activity and non-existence of dangerous ocean currents.
If you are interested
in any of the Guanacaste, Costa Rica investment opportunities
or are looking for other specifications, please
email us directly. |