Our research clearly shows that Costa Rica condo prices on the ‘Gold Coast’ of Northwest Guanacaste have seen its low point in 2011.

Things have really picked up in the last few months of 2012! Land prices are down between 10-30% and although most condo prices are generally stable, there are some very attractive fire sale properties to be had by the opportunistic real estate investor.

How To Get Your Free 2012 NorthwestGuanacaste Condo Price Comparison Report Report?

• Where can you find the fire sale condos?
• Which condo projects are on hold because they have no water?
• Which condo projects have been delayed and which have been cancelled?
• Which projects have the best amenities?
• What is the average condo price?
• Condo prices per square foot range from $93 up to $968 per square foot so where are the best deals?

The buyers we met with in 2011 were a mixture of those looking to retire full time, investors investing in second homes and rental properties, and a small percentage of those under retirement age who decide to come to Costa Rica to experience a new way of life.

The Northwest Guanacaste areas of Playa Flamingo, Tamarindo, and Langosta, tend to be the pricier areas, due to the services in the area and the beaches. However, there are still opportunities to get into lower priced condo options in these areas.

The next areas to become more developed are Potrero (to the north of Flamingo) and Puerto Viejo/Pirates Bay (south of Playa Conchal) located between Tamarindo and Conchal. The Ritz and Rosewood projects were cancelled, where the RIU opened its doors late 2009 in Playa Matapalo, near Playas del Coco.

There are still some good buys very close to the beach, both for land and condos. Most of the land for single family home buyers will be found in Potrero, Conchal, and Tamarindo.

Recommended Realtor Becky Clower has put together a spreadsheet which analyzes different Costa Rica condo projects on or near the beach in the Flamingo, Coco, Conchal, Hermosa, Langosta, Playa Grande, Potrero, Ocotal and Tamarindo areas.

Becky and her team have examined the actual distance to the beach, to the nearest gas station, the size of the condo, the condo price and the price per square foot.

There are plenty of ‘good buys’ and it’s always good to keep informed about the competition and what sort of options might be available for your next Costa Rica real estate investment.

Guanacaste Condo Price Comparison Report. Free March 2012 price comparison report available to our VIP Members.

Article/Property ID Number 3564

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Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.