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New Listing – Tamarindo Hilltop #34 – $349,000

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Having an ocean view in Tamarindo is a privilege not that many homes can have and it is highly valued. Ocean views right in town are limited to just a couple of locations. Vacant lots with it are currently rare to find and have higher prices than this one. Hilltop Estates will become a master planned gated community…more info.

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Las Tres Tortugas – An ocean view home, a guesthouse and 3 private suites in a tropical garden – SOLD

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Las Tres Tortugas is the perfect fit for those who dream of living in a tropical paradise, while receiving guests to share all the beauty of nature around and the luxury of quiet and peace. It consists of three independent buildings sitting on a 3,943 m2 lot, granting privacy for owners and guests…more info.

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La Buena Vida 8 – Large three bedroom third-floor single level condo – SOLD

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La Buena Vida N°8 offers great value for its price. This spacious three bedroom, four bathroom penthouse offers ample areas in a single level. La Buena Vida is a well built condominium at a privileged location. The site is just outside of the busy commercial area of Tamarindo so that noise is not an issue but close enough so that within a short 5-10 minute walk you are at any of the shops and restaurants…more info.

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Guapinol #9 – Pleasant condo at a short walk to the beach in Playa Langosta – SOLD

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Villas Guapinol is a nine unit condominium complex in the quiet residential area of Playa Langosta. A great location, within a short less than five minute walk to the beach. The condominium has a large pool with pleasant sitting areas around it and an on-site caretaker all day long…more info.

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La Buena Vida 9 – Sunny 3-bedroom luxury penthouse – Reduced to $315,000.

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La Buena Vida 9 is a penthouse that comprises the complete upper floor in the safe Buena Vida Condo complex. With its construction size of 246 m2, it is as spacious as a home. The open living and dining area, connected with the fully equipped kitchen, offer enough space for large groups of friends and family. The three bedrooms each come with a walk-in closet and a large private bathroom and sleep comfortably…more info.

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Lot #2 Punta San Francisco – Affordable lot in gated oceanfront community – $135,000.

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After the enormous success in sales at Punta San Francisco, with over a dozens lots sold last year, this is one of the last two units available at Punta San Francisco. It is the lowest priced lot in there as well. For those who do not know the area, Punta San Francisco or Punta Madera, as the locals call it, is the geographic landmark that divides Playa Tamarindo from Playa Langosta…more info.

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Tamarindo Azul 6 – Spacious ocean view penthouse – Priced to sell! Now at only $175,000.

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Great opportunity, and now with possible owner financing! Don’t let this turnkey dream slip by. This very much turnkey Penthouse has a spacious layout with an open kitchen/living area, 2 bedrooms, 2 bathrooms, laundry room, fully equipped kitchen, and a sunset view you’ll never get tired of. Close enough to walk to the beach…more info.

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Sunset Hill #11 – Oceanview at a quick walk to the beach – Reduced to $189,000.

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Wonderful ocean view Condo at a quick walk to the beach and center of town. Tucked up against the Tamarindo hillside this unit provides a beautiful unobstructed ocean view, a shared pool, secured parking, and shared laundry, all inside a 12 unit gated complex with a relaxing and tranquil tropical setting. This charming 2 bedroom, 2 bathroom unit comes fully furnished…more info.

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Las Mareas 6 – Elegant home with panoramic ocean views in high end gated community – Reduced to $750,000.

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Discover easygoing elegance at this tropical hideaway. Tucked away on a lush Guanacaste hillside, you will be swept away by the panoramic views over the ocean and over the protected green areas of Las Baulas national park while enjoying the soothing sea breezes. Located within a high end gated community, Las Mareas is an exclusive home overlooking Costa Rica’s pristine Pacific coastline at a walking distance of only 200 meters to the beach! This villa boasts a unique Pacific Rim style…more info.

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Investing in rental property or tourism sector in Costa Rica

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Is Costa Rica still an attractive location for those wanting to place their hard earned dollars in a secure investment giving them a decent ROI through rental income or hospitality revenue?

Looking at the statistics from the Costa Rican INT (1) – National Institute of Tourism – any doubt on this concern will fade. It is clear that the country’s tourism sector was hit by the 2008 financial crisis, but it is even more obvious how the country’s comeback is even stronger. Since 2012 the yearly revenue from tourism is back at it’s 2008 level and growing steadily and firm far above that level ever since, with 2016 showing a yearly growth of 12.4%  and being 43 % above the 2008 level.

In 2017 more than 2.18 million tourists from all over the world landed by air in Costa Rica, being 3.5% more than the previous year and 17.7% more than in 2015. These figures are important since the more travelers come, the greater the space needed to host them.

And there are other signs that Costa Rica is doing great on the tourism market:

During the International Tourism Fair, one of the largest in the world, held in Madrid last January, the country received the 2018 Award of Excellence with its new tourism identity “Costa Rica, my choice naturally”, and last year, Costa Rica hosted the first global sustainable tourism investment conference, another event contributing to its positioning as a global destination.

As another indication of growing tourist attraction, every year new airlines keep signing up to land to San Juan Maria National airport, with direct flights from every corner of the world. 2017 and 2018 are no different with Latam airlines (Lima-San José), KLM airlines (Amsterdam-San José) and Evelop ( Lisboa- San José ) adding to the list of airlines offering better connections to travelers and residents.

So, it is clear, Costa Rica is a hot-spot, for tourists wanting to escape the cold and explore the natural wonders, for families seeking other horizons and a better quality of life, and for people looking for a sunny, pleasant and peaceful place to retire to.

And this is undeniably reflected in the increase in interest for and purchase of raw land and lots since 2015, also in the Tamarindo area, along with an obvious wave of new construction of contemporary rental homes, and modern businesses in the area, and a never before seen boom of the international schools in the area.

With country-wide tourism steadily growing and the promise of a steady and sustainable regional growth, through projects that have been planned for years and will finally happen such as the paving of the Tamarindo-Langosta road and the building of the Flamingo Marina, the future for the local economy but also for those seeking a secure investment is looking as sunny and bright as the beach and the sky do so steadily in Tamarindo!

https://www.ict.go.cr/es/estadisticas/informes-estadisticos.html

Credits to: Karen Fabre

Photo: Sean Davis

Home Decoration: Mu Design

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