November, 2014 Tamarindo Real Estate Market Report
Wow! From what seemed like the deepest of doldrums and rainiest of skies, within 2 days we have emerged onto the other side with sunny skies and soft, warm Papagallo winds straight into high season! And without fail an uptick in tourists in the streets as if they were here already waiting for the change in weather! Hense, high season is definitely in the air to be sure!
Sales have been brisk due to an influx of more and more direct foreign investment. It`s absolutely stunning to witness the ever increasing amounts of people expatrioting themselves from their home countries in search of more economic freedoms and liberties in general. Everybody we talk to seems to be saying the same thing whether they`re from the USA, Europe, etc. Worthy of mention are the numerous economic refugees we see from Venezuela, Argentina, France and Italy, nations whose citizens, especially the youth, are exiting almost en masse seeking opportunity abroad. Anything that even resembles a fair to good deal is selling; though there are still some overpriced properties out there with their owners scratching their heads as to why their properties have not sold yet (Hello, there are some who would not have appeared to have of yet received the memo from 2008). Also to note is an increased interest in commercial properties with good cap rates and cash flows; many investors are taking some money off the table in their home markets and parking it offshore. Actually a really good idea to not leave all one`s eggs in one basket for diversity is a beautiful thing and quite intelligent to be sure. Despite the fact we do not have a crystal ball it looks like this next high season will be very fruitful indeed.
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