There is definitely something very colorful about Costa Rica buildings: some may be one of the most fashionable buildings with impressive taste and modern architecture while a small room built on cardboard and old pieces of wood will be standing right behind it. Unfortunately, like in many other countries this is the reality, Costa Rica is being bought by big companies and enterprises that built amazing structures without giving one moment of consideration about the surroundings.
It is not uncommon to see old wooden houses almost falling apart in one block, and a huge luxury home in the next property. Costa Ricais still feeling the huge changes of crazy real estate all over the place and the local families can’t seem to be able to keep up with these building developments so their small homes become the awful side of an area full of luxury. Costa Rica is showing its two faces and given the fact the prices in the real estate listings in Costa Rica have gone way up high and are completely not affordable for a regular middle class Costa Rica family, foreigners with higher access to dollars and euros are buying the country in small pieces.
Huge examples are the apartment buildings that are being developed in the Sabana surroundings, these tall, luxury buildings were created to be sold for over $100 000 or rented for over $1500 a month. In Costa Rica, a middle class professional hardly makes $1000 in the best case scenario, meaning that all those apartments are just not accessible unless you are a foreigner. Real estate in Costa Rica needs to be regulated as soon as possible, maybe all these prices are low for us, but this country also has locals, who work hard and dream of owning a home. In my opinion is just not fair.
There seems to be a staggering difference in the beach homes of Guanacaste versus those located in San Jose. For the most part, the homes which are a walk to the beach, or are beach front, are in need of a remodel. Most often than not their selling prices are not reflective of their condition but the raw value of the land. This is not to say there are no beautiful homes within walking distance to the beaches of Playas del Coco or Ocotal, little by little they are being purchased by developers and individuals looking to either re-construct or remodel these testaments to how beach life was in the years behind us.
If you are looking for a beach home, or lot near the coasts of Guanacaste please feel free to give us a call Echo Investment Group at 1-800-606-3564 or locally at 2670-1479
Homes in Costa Rica: what are they really like? · Real-Estate-Investing.ExplainedOnline.Net on 27 Oct 2008 at 10:18 am #
[…] Original post by Costa Rica blog about real estate in Guanacaste […]
Homes in Costa Rica: what are they really like? · Invest-In-Real-Estate.ExplainedOnline.Net on 27 Oct 2008 at 10:23 am #
[…] Original post by Costa Rica blog about real estate in Guanacaste […]
Homes in Costa Rica: what are they really like? · Real-Estate.ExplainedOnline.Net on 27 Oct 2008 at 10:31 am #
[…] Original post by Costa Rica blog about real estate in Guanacaste […]
Guanacaste Real Estate Playas del Coco on 21 Nov 2008 at 7:56 am #
There seems to be a staggering difference in the beach homes of Guanacaste versus those located in San Jose. For the most part, the homes which are a walk to the beach, or are beach front, are in need of a remodel. Most often than not their selling prices are not reflective of their condition but the raw value of the land. This is not to say there are no beautiful homes within walking distance to the beaches of Playas del Coco or Ocotal, little by little they are being purchased by developers and individuals looking to either re-construct or remodel these testaments to how beach life was in the years behind us.
If you are looking for a beach home, or lot near the coasts of Guanacaste please feel free to give us a call Echo Investment Group at 1-800-606-3564 or locally at 2670-1479