With the economic concerns in the U.S., many are speculating about the real estate market in Costa Rica. The Central Pacific continues to see solid sales throughout the area, however there is one particular spot in the market that I continue to steer clients towards – BEACHFRONT.
It’s no secret that direct beach front property is and always will be the premium, and while it may appear as if there are countless condo projects being built in the area, the truth is the number of direct beach front units are very limited.
Currently there are only twelve constructed direct beach front condo units (unobstructed ocean views) available for sale in Jaco, that’s right – only twelve!
And keep in mind when it comes to 100% fully titled beach front in Costa Rica, the number of opportunities outside Jaco is virtually non-existent. Because this is the type of property that most people prefer to both purchase and rent, it is clear that this is one of the best places in the market to invest.
One project, ‘Cocoteros’ offers one of the best investments in the area. The seven story ‘Cocoteros’ will have 34, 2 bed/2 bath units all directly on the beach and all with unobstructed oceanviews. Besides having on-site property management, all units will come completely furnished.
‘Cocoteros’ is the developer’s fourth project in Jaco, and is one of the most reputable developers in the country. As you can see construction has already began with delivery expected a year from now. With units as low as $430K, it is clearly a winning choice. But let’s compare some constructed projects to demonstrate the value in this price.
As you can see US$430,000 for a comparable unit is an outstanding deal. But perhaps more importantly it is one of the most sought after property types in Costa Rica and one of the most limited available making it one of the most secure and solid investments.
Affordable Oceanfront Condos For Sale in JacoA fun beach town for all the family.
For more information about condos, homes and land for sale in the beach town of Jaco and surrounding areas please contact our Recommended Realtors in Jaco Shawn Fletcher and his wife Hannah Fletcher
using the simple form below:
Property/Article ID Number 1832
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