The Costa Rica real estate market has experienced astounding growth in the past ten years, with a marked increase in foreign investors’ attention to luxury residential real estate during the recent period of sagging economy for the United States and Europe. The Costa Rican Development Corporation (CRDC) has seen heightened interest in its high-end communities, especially Cerro Fresco (www.cerrofresco.com/)
The tropical weather, exciting outdoor activities, diverse terrains, and natural wonders of Costa Rica combine to make it one of the most desirable locations for retirement homes and vacations. Investors are finding that their acquisitions of first class residences in developments such as Cerro Fresco are resulting in handsome profits. Interest in Costa Rica real estate, especially listings for luxury developments, is reaching unprecedented heights, and it does not show any signs of slowing down.
Costa Rica’s Central Pacific region, with both coastal and mountainous locations, is the country’s fastest growing area. There are an abundance of outdoor activities to choose from in Central Pacific Costa Rica, including white water rafting, surfing, parasailing, canopy tours, horseback riding and sport fishing. Jaco´, home to Cerro Fresco, offers a wide selection of international cuisine restaurants, galleries, hotels, casinos, and nighttime entertainment spots. San Jose´, the capital of Costa Rica, is a two hour drive from this popular city.
Those searching for a pleasant retirement location or idyllic vacation destination find that Central Pacific Costa Rica has just what they are looking for. With an average yearly temperature of 81 F (27 C), thousands of species of plants and wildlife, and amazing views of waterfalls, volcanoes, and rainforests, there is little wonder why Costa Rica has become the favorite locale for so many.
The elegant, open-air Cerro Fresco villas are expertly constructed using native Costa Rica woods and state-of-the-
