Why is now such a good time to buy real estate in Costa Rica?
One of the hottest real estate markets in the Americas in the early 2000s, Costa Rica is bouncing back stronger than ever after the slump in real estate values throughout the United States, Latin America and the Caribbean, according to real estate experts.
“Costa Rica definitely has bounced back, especially in the Central Valley and the popular beach areas on the Pacific. Prices are on the rise again,” commented Dennis Easters, co-owner of Pure Life Development of Atenas real estate.
As the real estate market fires up again in Costa Rica, Easters said that sellers are more motivated and deals can be found.
“In general the opportunities you are going to find now in Costa Rica are listings that are still on the market. Maybe they were priced too high to start. Sellers are more motivated now and you can get good deals,” noted Easters, who belongs to the Costa Rica Global Association of Realtors, the Costa Rica Chamber of Realtors, and the U.S. NationalAssociation of Realtors.
Investing in real estate in Atenas, Costa Rica has jumped in popularity in the past three years. “Atenas continues to be really popular for its location and climate, and land prices in Atenas generally keep increasing every year,” Easters remarked. “In real estate, the three most important things are the cliché: location, location, location!”
The charming mountain town of Atenas, Costa Rica, is less than a one hour’s drive from the capital city of San Jose to the east and some of the best Pacific Coast beaches to the west. The Juan Santamaria international airport is only 30 minutes away, and three main roadways access Atenas. The town of 15,000 people (there are 27,000 in the county) also is known for having the “best climate.
” Easters said the benefits of buying real estate in Costa Rica include a stable economy and government, easy re-sell opportunities and property values that increase. There also is no capital gains tax in Costa Rica.
The benefits of buying real estate in Atenas: location, convenience, nice international and local community, good climate, low crime rate, high re-sell value, and great vacation rental market. “In Atenas, using your home as a vacation rental can help offset the cost of your vacation home so it pays for itself,” said Easters.
The best homes for sale in Atenas, Costa Rica? “Good quality construction in the $350,000 to $500,000 is really popular. As soon as anything is available, it is sold. That is our most popular range,” Easters commented.
Pure Life Development of Atenas specializes in real estate for sale and home rentals in Atenas, Costa Rica. For Costa Rica real estate, contact Dennis Easters and his associate Gerardo Gonzalez-Porras. Article by Shannon Farley
Costa Rica Realtors Chamber
Tours in Costa Rica
Pure Life Development of Atenas is a full service tour company. We feature full vacation packages and day trips for the family. Our tour director Nelson Conejo is very experienced and provides a personal service and attention to detail second to none in Costa Rica. Please write Nelson or give him a call to arrange your next Costa Rican vacation at (506)2446-0447 or
Retirement Living in Atenas
Interview with Pure Life Development co-founder and certified realtor Dennis Easters, about Costa Rica ranked by AARP as "one of the best places to retire abroad".