I talk to A LOT of people interested in Costa Rica real estate, and probably my most popular request is to help them find an inexpensive beachfront home. [...]
Unfortunately in Costa Rica inexpensive beachfront is very hard to find, specifically titled fee simple beachfront. Over 90% of the direct beachfront in Costa Rica is concession property which most foreigners don’t feel comfortable with owning. (Ownership Details) For titled beachfront you can figure on anywhere from $500-1200 a square meter. This is one of the reasons why you see few developments other than condos on the beach in Costa Rica. Anyone purchasing property on the beach in Costa Rica needs to build vertically for it to pay off. By now you probably know that Jaco Beach is one of the few places where the beachfront is titled and one of the reasons why you see developments here. A 2 bedroom beachfront condo is going to start in the mid to high $200s, but the opportunity for homes is much more limited. Titled beachfront homes in Costa Rica are typically going to range anywhere from $500,000- $2,500,000. Let’s face it that is not the budget most people have in mind, but the good news is you can find homes that are 200 yards from the beach as low as $199,000. Later this week I’ll show you the perfect spot if you are looking for an inexpensive beachhome in Costa Rica.
If you have questions about ownership rights in Costa Rica, feel free to contact me anytime.
David Karr 1.866.403.1345
Providing you with real estate tips, deal alerts and news for the Jaco area.