The South Pacific Coast: Costa Rica’s Next Real Estate Development Boom

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Why are real estate developers turning their eyes to Costa Rica’s South Pacific Region?

Real estate developers have been snapping up available properties in Costa Rica’s Costa Ballena area, which is considered by many to be one of Central America’s best places for investment opportunities. Let’s take a look at what the region has to offer.

Eco Living

There is no better place in the Western hemisphere for eco living than the South Pacific Coast of Costa Rica. The bio diversity found in the Corcovado National Park, a timeless tropical nature sanctuary that is unsurpassed by any other regions of similar size on earth. Wild and untamed, This national park and surrounding area are breathtakingly beautiful,  it is one of the most remote parks in the country. The Corcovado National Park is a diverse habitat with a plethora of endangered plant and animal species much of which is now a protected habitat.

Exotic and lush, the Corcovado National Park spans over 41,000 hectares.  It is the home of over 140 different mammal species; 400 bird species, 115 amphibian and reptile species, 40 species of fish and more than 500 species of trees. With rare Harbor Squirrel Monkey, Harpy Eagle, poison arrow frogs, indigenous wild cats, crocodiles, pumas and jaguars and four species of sea turtles, Corcovado National Park is a favorite among eco adventurers from all around the world.

Lodging options include exclusive jungle resorts and estates hidden deep in the emerald green tropical forests of the Osa Peninsula.

The small port of Golfito is found on the mainland side of the Gulfo Dulce with a backdrop of steep green hills covered with pristine rainforest. This is a popular town as Golfito established a duty-free zone and attracts visitors from all over Costa Rica. You can access Golfito quickly from the Osa Peninsula by taxi or ferry boats or enjoy the breath taking drive around the golf. Famous for it fresh fish directly off of the numerous local fishing boats, many people come to buy their fish or enjoy one of the many waterside restaurants.

The growing number of bio-reserves and conservation areas protected by government and local organizations has limited the available land for development on the OSA Peninsula, making real estate this area one the most sought-after eco-living prizes in Central America.

Easy Access to the OSA Peninsula Attracts Potential Investors. Options for access to the OSA Peninsula are to fly to San Jose and make the five to six hour drive or take a regional flight from San Jose to Puerto Jiminez, a forty minute flight.

For those opting for the scenic route, the principle highway, the Costenera, is continuously being improved. Further the new “Pista del Sol” from San Jose connecting the Central Valley to Pacific Coast makes the drive very easy and pleasant. The drive is extremely scenic with mountain and ocean views the whole way.

The main highway onto the Osa Peninsula has also been developed as well as many of the connecting roads again have changed from gravel to paved roads again improving ease and comfort of access.

Real Estate Availability

The available real estate on the Osa Peninsula is limited. Corcovado National Park encompasses an area of 425 km² (263 mi²) and there are other reserves and conservation projects limiting available land.

The available real estate will continue to shrink as conservation efforts of the various eco reserves and parks achieve more protected áreas.  Also, the government has its own mandate to continue increase protected areas and reducing available development real estate. It is these very conservation areas, reserves and refuge projects and the abundance of flora and fauna that attracts tourist and developers to the area. National Geographic has called it “the most biologically diverse place on Earth”.

Costa Rica News, Sunday, December 30th, 2012