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Costa Rica Real Estate: A deal in paradise

Posted May 13, 2008

“In a country with an established real estate market like Costa Rica, this sounds like just the type of place that would attract a lot of fervent investors. But it remains under the radar in terms of property development because it’s difficult to get to.” — Ronan McMahon

by Ronan McMahon

Baltimore – (TFN): Some of the most amazing scenery in Costa Rica is in the southern zone, in an area that runs south of Quepos to the border with Panama. Landscapes here are dramatic–panoramic ocean-views… lush tropical rainforest …and sheer jungle-clad slopes, rising sharply away from pristine stretches of sandy beaches.

In a country with an established real estate market like Costa Rica, this sounds like just the type of place that would attract a lot of fervent investors. But it remains under the radar in terms of property development because it’s difficult to get to…

The Costanera Highway is unpaved between the popular tourist destination of Quepos and the surfing village of Dominical. Here the airports are small, local affairs. The one in Palmar Sur is a one-woman show–she issues tickets, checks baggage, and answers queries, all while you sit on a wooden bench overlooking the small strip, alongside your other co-passengers…all 11 of them. No duty-free or airport food here.

But these are exactly the kinds of conditions I look for when scouting for a good real estate opportunity. Read on to learn more.

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