One of the most significant changes I have seen in Costa Rica vacation rentals is the emergence of sites like HomeAway and VRBO. If you have not already heard or used these two sites, chances are you will soon enough. HomeAway and VRBO are two very popular sites that allow property owners to list and market their properties as vacation rentals. .............
For owners, it’s a great opportunity to aggressively seek renters with minimal effort, as the two sites handle all of the marketing. Renters love the sites because they can often negotiate better rates as they are usually working directly with the owner. Not to say these sites are perfect, while insurances are offered by the companies to ensure a safe transaction, the properties might not always be as advertised, and in many cases customer service is just not the same as when dealing with a more established company. What is important to note is just how these sites are effecting the vacation rental market in Costa Rica. As popular Costa Rica tourist destinations like Jaco Beach, Hermosa, Los Suenos, Guanacaste, and Manuel Antonio have developed new homes and condos, Costa Rica now has numerous vacation rentals competing with hotels. More and more tourist are searching to rent a home or condo in Costa Rica. This naturally is not good news for hotels, who will have to most likely work harder to compete for the tourism business. Competition always leads to more marketing and typically promotions or discounted rates.
The good news is Costa Rica real estate owners are in prime position to truly capture a still young and growing tourism market. If you have more questions about owning real estate in Costa Rica or vacation rentals in Costa Rica please contact me here.
Beach Home in Costa Rica
Los Suenos Costa Rica
Shuttles Airport to Jaco Beach
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