Costa Rica Real Estate, from Coast to Coast, the Right Way!!!

By Nikita Mohammed in Jaco Beach, for the Easy Times
 

In January of 2010, the new Caldera highway linking San Jose to the Central Pacific Coast was officially opened, changing the outlook for real estate in Jaco Beach and the surrounding areas. The new highway makes the drive from Jaco to Escazu, the popular upscale suburb of San Jose just about one hour, a journey that was previously almost 2 hours.

Highway opens up Jaco Beach area

While Jaco was already the closest beach town to San Jose, an easy one hour drive now makes it very convenient to travel from the city to the beach for a quick day trip. Jaco is also experiencing significant increases in rental revenues specifically with the local market from San Jose on the weekends due to the ease of access.

Jaco Beach for investment

For the Costa Ricans and expats who can afford it, purchasing real estate in the Jaco area has quickly become not merely an investment option but truly a second or even retirement home, one that they can use and enjoy conveniently on a regular basis. All of this has led to a surge of real estate transactions in the Jaco area. Of course the sales in Los Sueños Resort, where we offer golf properties for sale and in Punta Leona Resort hit all records.

Beachfront Communities in Jaco

One particular example can be seen in three of the most upscale beachfront communities in Jaco called Diamante del Sol, Tres Regalos and Vista las Palmas. We have witnessed in these developments nearly two dozen sales in the past 3-4 months. While those three projects have been some of the most popular of late, other communities have picked up with their sales as well. So what does it all mean, are prices going up? Not necessarily.

A glimpse of what can happen

In most cases, the sales have involved last minute bargain deals or resales from motivated owners, so many of the remaining properties are those of sellers who are neither in any rush to sell nor motivated to let go of their property at a discounted price. In other words for the people looking for a great deal, the options are much more limited today than they were in January prior to the highway's opening. More importantly, what we are seeing is a glimpse of how the San Jose market can stimulate investment and the real estate market in Jaco.

As more and more people continue to visit this area on a consistent basis you can be assured that local businesses will grow, infrastructure will continue to improve and the demand for Costa Rica real estate will continue.

By Nikita Mohammed, our affiliate real estate agent in Jaco. Nikita offers beach homes, condos on the beach, condos near the beach, homes with ocean view and condos on the Golf course.

Nikita lives and breathes the Central Pacific beach areas of Jaco Beach, Esterillos, Herradura, Tarcoles, Los Sueños and Punta Leona. Jaco Beach is the closest beach to San Jose and the International airport Juan Santamaria. Jaco offers an amazing amount of restaurs and bars, as well as any other amenities like schools and churches.

Nikita also offers properties for sale in Los Sueños and in Punta Leona. Contact Nikita now for a tour of her listings.