Costa Rica’s Real Estate
Bret G Dudl
I have put there Costa Rica's Real Estate Development Climate. I put
here for
your information.
Currently, in the Central and South Pacific regions of Costa Rica,
private development has funded three marinas and a dozen major coastal
developments worth nearly $2 Billion. Marina Pez Vela in Quepos will
open 100 slips next year, the Golfito 217 slip Marina is almost
finished with their Environmental permitting process, and the ultimate
Carara bay Marina & Resort in Punta Leon has broken ground on the
country's most ambitious marina development ever. Furthermore, the
Green Coast Pacific development in Dominical is underway with several
of their 12 developments already completed totaling $650 million in
Dominical.
Tourism has become Costa Rica's leading industry. The government has
encouraged environmentally responsible development. The country is
ranked #1 in the world for eco-tourism. Significant development began
in the north Pacific region, when the government began operation of
the international airport in Liberia in 1995. Prior to the global real
estate downturn, property values in the north jumped in some locales
by 2000% in the last 10 years (3000% near the new airport) as
vacationers and vacation home buyers had easy access to air
transportation.
With a new golf course, many restaurants, retail and rooftops coming
out of the ground, the southern pacific zone in Costa Rica very well
may be the cure to any unhealthy real estate portfolio.
You may get more details at:-
http://www.costaricaviews.com/costa-ricas-real-estate-development-climate/
Malrassic Park
<costarica...@gmail.com> wrote:
>Tourism has become Costa Rica's leading industry.
Sounds wonderful. But how do you explain this?
http://latimesblogs.latimes.com/outposts/2009/04/is-costa-rica-becoming-a-ne
w-theater-for-drug-cartels.html
Costa Rica, one of the world's most beautiful countries and a paradise
for all manner of outdoors enthusiasts, is concerned about increased
drug trafficking and its ability to effectively deal with the issue.
A story in this week's English-language Tico Times cites a series of
recent incidents and arrests and suggests that drug cartels, which may
be finding it more difficult to move product into the U.S. via Mexico,
are seeking new arenas in which to operate.
Could it be that Mexico's war on drug trafficking is having this
unfortunate side effect? Perhaps. Cocaine seizures in Costa Rica, for
example, increased from 2,955 kilos in 2002 to more than 32,000 kilos
in 2007.
Bruce Bagley, editor of the book "Drug Trafficking in America," and
the department chair of International Studies at the University of
Miami, told the Tico Times: "Drug traffickers are finding Mexico to be
too dangerous, violent and risky, which has caused them to look for
other routes through Central America and the Caribbean."
What will this mean for tourism in a land renowned for surfing,
fishing, bird-watching and whitewater rafting? It should not be a
major issue, but consider what's happened in Mexico. Many have stopped
visiting that country because of a perceived danger to tourists.