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Has anyone checked out any new projects in the Pacific Central. Since they have opened the new highway and plan on building a new airport I wonder if that is the best place to look for a vacation place or a possible retirement home.
We have a whole section of the website devoted to real estate for sale on the Central Pacific coast which you can see at [ https://www.welovecostarica.com/public/department75.cfm ]
Scott
Hey Rocknrob:
I think that investment in that area is really going to take off. Not only does the new Caldera Highway take time off the trip to the Pacific, but the highway between Quepos and Dominical is very nearly done. That stretch of coastline is just insanely beautiful and easy access will make it even more desirable. Medical care would continue to be a concern for me.
Just back for PURAVIDAVILLE and a Tico friend who has very close ties to planning and financing says that there will eventually be a new international airport built near Orotina…..and then he smiled and said “but not in our lifetime, maybe not in my children’s lifetime.”
So, I would look to the areas where infrastructure like new highways have made vast improvements such as along the Central Pacific coast from Jaco on down to Dominical. Quepos will soon have a brand new humongous marina opening in April. Manuel Antonio recently got a new water line. The drive from Quepos to Dominical used to be a bone jarring tedious stop and go journey taking up to 2 hours. Now with the new road, 30 minutes. THAT’s a magnet for commerce and increased property values.
IMO Airports are too ephemeral too unpredictable at this stage.
They haven’t even finished the one in SJO yet.
Pura Vida!Great post Caladana
As I have mentioned previously in my Costa Rica’s Invisible New International Airport (??) article (which you can see at:
[ https://www.welovecostarica.com/members/648.cfm ]
In real aviation terms, Orotina is literally minutes away from San Jose, why on earth would they build an airport there?
From my article:
This is what Federico said to me in his email of 1st September 2005:
“An additional international airport in Costa Rica is not a priority at this time. Our first priority is upgrading the San Jose airport and the Liberia airport. We then plan to develop a new airport in the south west (around Golfito) and after that, if the studies show that the demand is there and the budgets are available, we could look at another airport around the Orotina area – maybe in 15-20 years.” Sr. Federico Carrillo Zurcher, Costa Rica – Ministro de Hacienda.
This article was first written in September 2005 and as far as we can see, there is no concrete evidence that this situation has changed and nothing has been approved so, if you really feel comfortable basing your real estate investment decisions on something that the Costa Ricans have been talking about for 30 years which still hasn’t happened.., something that the Costa Rican Minister of Finance says might happen if “the demand is there and the budgets are available” in another 15-20 years – go for it!
But be warned!
You would NOT be investing in Costa Rica real estate,
you would be speculating!Thank-you for all the info.We will be planning a trip later this year. Went a couple of years ago for a vacation and loved it.As for the airport info here is some info I found. Whether it’s true or not. The new Palma Sur International Airport is scheduled for operation in 2010 (it will be
the largest in Central America). It will be about a forty?five minute drive south from Dominical,
all on a very smooth, paved road. The airport has been in the works for a couple years now, but
very recently, a significant amount of necessary funding was received and the project is moving
forward.Hmmm . . . I wonder if anyone locally can attest to having seen actual construction of this airport. If it’s scheduled for operation in 2010, as rocknrob reports, there must be ample evidence by now.
i doubt they have broken ground — it will be like the caldera highway — a 30-plus year project, that won’t happen in our lifetime.
[quote=”rocknrob”]Thank-you for all the info.We will be planning a trip later this year. Went a couple of years ago for a vacation and loved it.As for the airport info here is some info I found. Whether it’s true or not. The new Palma Sur International Airport is scheduled for operation in 2010 (it will be
the largest in Central America). It will be about a forty?five minute drive south from Dominical,
all on a very smooth, paved road. The airport has been in the works for a couple years now, but
very recently, a significant amount of necessary funding was received and the project is moving
forward.[/quote]Better check the date on that report. Might have been written in….1950? [b][u]NOTHING[/u][/b] happens quickly in Costa Rica.
Hmmmm… I did go back and check the date on that article and it was June of 2008. I guess maybe they meant 2020 for completion of the airport. Baby steps! Well at least the highway got finished.
[quote=”rocknrob”]Hmmmm… I did go back and check the date on that article and it was June of 2008. I guess maybe they meant 2020 for completion of the airport. Baby steps! Well at least the highway got finished.[/quote]
Yep, and the highway from San Jose to Caldera was a 30 year project from idea to completion.Finished though?
A promised four lane highway has ended up with a portion being two lanes, one in each direction.
[b]Autopistas de Sol officials say this weekend was an “exception”, a situation experienced by many new highways around the world and that the situation will normalize itself with an expected 10.000 or so vehicles daily using the highway.[/b]
What about ten years from now…or even two years? It’s called long range short-sightedness. AdeS basically put the screws to Costa Rica.
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