When you invest, timing is everything and for the Costa Rica real estate investor, the lower level of buying activity caused by the U.S. slow down and housing crisis has quietly given the green light to sophisticated real estate investors to start buy Costa Rica real estate again at at slightly lower prices.

On the coast, the past several years have presented an overwhelming demand in almost all facets of transactions from residential (condos and vacation homes), raw land either for investment or long term appreciation and build out, or commercial development parcels.

The residential boom was clearly driven to a large degree by the North American Baby Boomer’s dream to seek out gratifying investments in exotic places that combined a high potential ROI with a unique place to sneak away with family, friends, etc…

The tremendous demand caused an exponential growth in projects either in construction or slated therefore, this, combined with the current capital crunch, has caused increased availability in the market in some areas of product. This, however, has created both a beneficial correction in the market, in which clients are demanding and developers are building, higher quality product.

It is also creating an opportunity for investors to seek a buyer’s market in dozens of world class condos, high end residences or raw land from sellers who either got in at the peak of this boom, or simply prefer to cash out.

Although certainly not all sellers nor projects fall into this category, there are a number of outstanding opportunities right now for those who have liquidity.

Last week the Paquita Bridge north of Quepos was officially opened and area residents along with municipal leaders were there to celebrate and enjoy the sense of accomplishment. The old one lane steel bridge is now decommissioned. Access to Quepos, Manuel Antonio, and the Southern zone has been greatly improved and drive times reduced by removing this notorious bottleneck.

In Quepos, the 308 slip Marina Pez Vela is very close to completing their break wall and expects to be open in 2009. The Marina Pez Vela will offer services rivaling those of any first-class, five-star marina resort. The full-service marina facility (the largest marina to date in Central America) will create a major destination for Pacific yachting and boating enthusiasts.

It will have the only full-service repair facility in Costa Rica, complete with a 75 and 200-ton Travel-lift as well as have a fully staffed maintenance facility capable of any repairs or service required

To the south, the road to Dominical is continuing to improve and there are new bridges nearing completion: The Naranjo River, the Portalon River and a bridge in Matapalo.

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If you have ever dreamed of living in the Manuel Antonio area and would like to know more about real estate for sale please contact our Recommended Costa Rica Realtors Daveed Hollander, John Wieland and James Drews by using the simple form below: