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 first several months of 2013! Land prices are down between 10-30% and although most condo prices are generally stable now, there are some very attractive fire sale properties to be had by the opportunistic real estate investor.

My staff have spent a few weeks updating the information for 35 different condo projects that real estate investors will find in our latest Costa Rica Condo Prices At The Beach Report.

• Where can you find the fire sale condos in Guanacaste, Costa Rica?
• Which Costa Rica condo projects have seen an increase in sales and decrease in inventory?
• Which projects have the best amenities?
• What is the average condo price in our area of Guanacaste, Costa Rica?
• Condo prices per square foot range from $121 up to $347 per square foot so where are the best deals?

The buyers we have met with through 1st quarter of 2013 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.




These areas also happen to represent the best rental income potential for investors looking to make money off their vacation property.

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.




While many of the big hotel projects were cancelled years ago, a large project owned by ex-MindSpring owner, Charles Brewer of Atlanta, known as Las Catalinas in Playa Danta, is thriving where other projects are not. That gives hope to other developers and projects alike.

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.




Whether it’s a small lot that you plan on building a modest home or a large, multi-acre lot with sweeping ocean views from all angles where you want to build the luxury home of your dreams, we’ll try our best to help you find what you’re looking for in our area of Northwest Guanacaste…

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.

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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.