The Tamarindo August 2014 Real Estate Market Report
Bienvenidos to all our clients, both first timers and old friends alike. August 2014 is now upon us and this wet season has been the driest on record for the last 70 years in Guancaste. We have received roughly 2 cubic meters of rainfall per square meter to date when historical averages normally put us at 150 cubic meters! We are hoping that August, September and October will bring us heavy rainfall, but as we write the weather is hot, sunny and dry. Currently we have been under water rationing restrictions with daily trucks bringing in potable water to some the area`s hotels. Case in point is that one must always insist on a thorough due diligence in all things H2o, making sure an adequate supply is available during times of drought. It is always preferable for any property to have extra capacity storage cisterns to hold one over when service is interrupted due to rationing. Any smart developer, home builder, and or owner will provide a budget for additional water storage to be sure. And for whatever reason this is not always the case. Also to note is that there are areas and or water districts which do not have the issues of more, say, ``problematic`` areas such as Playa Langosta, Villa Real, Playa Grande and certain parts of Tamarindo which qualify as such. Oftentimes water delivery problems have nothing to do with drought conditions but rather with existing infrastructure not keeping up with growth. Sound familiar? To conclude our view is that these problems will be resolved because they have to be one way or another. So have no fear but just make sure of all of the above before purchasing and so please grill thoroughly question real estate agent for all his or her knowledge on the matter. And in the meantime let us cross our fingers mother nature will soon be cooperating with our needs.
With over 15 years of local real estate and business experience, we have the knowledge to help you choose the appropriate property, business or investment. If you should have questions about buying or selling real estate and or investments in Costa Rica please contact us. Please browse through our website listings keeping in mind these only represent a portion of available properties or other investment opportunities. Our specialty is purchaser representation in real estate transactions, as well as in business and investment consulting. We do not do adventure tours, property management, hotel bookings, airport transfers, wine tasting and or any other business other than real estate as it is our sole and only business. We are focused, dedicated, discrete and deserving of representing your best interests.
Cordially Yours, Sol Real Realty & Investment Consulting-We do it right every time.
Mark Price, CEO
Sol Real Estate & Investment Consulting
Playa Tamarindo, Santa Cruz de Guanacaste, Costa Rica
Phone: (506) 2653-1604 (506) 8918-3592