Is Playa Zancudo, Costa Rica the Last Frontier?
Over the past ten years, thousands have invested in the Costa Rica beach front real estate market along the upper Pacific Coast, mainly around and to the north of Quepos. Numerous others have invested in less expensive ocean view real estate overlooking the Pacific, farms and riverfront property in the interior, but mainly still near the ocean. Many others have purchased vacation homes, second homes, and retirement property in Costa Rica due to the cheap cost of living when compared to the United States and Europe. Both the investor and casual real estate purchasers have already made, or stand to make, huge profits from their investments when they sell their real estate holdings along the coast. In today’s market, it appears many owners could profit around 500% for beach front investments held over a five-year period. Many in the Jaco, Quepos, Puntarenas, Tamarindo, and the Flamingo areas stand to profit considerably more, but the market in the northern region is rapidly surpassing “af
