When the real estate Bubble burst several years back, and prices dropped dramatically in places like California, Florida, and elsewhere—the same thing happened in Costa Rica. And you still have the upper hand—it’s very much a buyer’s market.
In the Southern Zone, for example, that Pacific coast area known for the dramatic, mountainous coastline and virtually empty beaches, you can have an ocean-view home for under $200,000—compare that coastal southern California or Florida, where similar properties go into the millions.
That includes all the little touches like granite counters, tile floor, custom cabinets, and large terraces that will give you ultimate comfort. You can’t see your neighbors and you’re surrounded by jungle, with monkeys, toucans, sloths, and other wildlife that make your backyard their home.
Picture yourself relaxing on a lounger on your back porch, watching the sun set over the Pacific, glass of wine in hand.
If life by the beach isn’t your thing, there are plenty of other options:
Heading up into the hills and mountains of the Central Valley, we have the bustling market town of Grecia…
In the tranquil countryside, but close to the town center, is a three-bedroom home in a gated development with community pool. It has a fenced in porch and backyard to enjoy the mild climate and valleys views. It’s just $115,000.
On the shores of pristine Lake Arenal, you have another dream home—if a quiet rural existence is what you’re looking for…
A home, one bedroom, with walking distance of the village of San Luis and the lake, is listed at $48,000. You’re surrounded by green space and have partial views of the lake.
Those are just two of the hundreds of the types of bargains you’ll find in further in our Newsletter and depending on your interests.
And, by the way, the homes I’ve mentioned so far are all North American style and standard. For cozier and comfortable but simple “Tico-style” homes in nice neighborhoods, often with a great view, prices start at $45,000. You might not have granite countertops or a dishwasher, but you’ll have a very affordable place to call home.
And if you don’t want to buy right away—no problem. There are plenty of affordable rentals for long- or short-term leases. You can sample the different regions without obligation until you find your place. With rents starting at $500 a month for furnished condos and small homes—with great views, you can try life by the beach, in the mountains, by the lake, in town, or in the jungle.
And while you’re finding your spot, be sure to take advantage of all the benefits extended to retirees in Costa Rica.
