Authored by the expert who managed and guided the team behind the Costa Rica Property Pack
Everything you need to know before buying real estate is included in our Costa Rica Property Pack
Where are the best places to invest in Costa Rica right now? Is San José still the top pick, or are regions like Guanacaste, the Central Pacific, and the Southern Zone gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the country. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Costa Rica and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
How this content was created 🔎📝
1) Playa Hermosa is attracting interest for its peaceful beaches and growing demand for second homes and vacation properties
Playa Hermosa is becoming a hotspot for those seeking peaceful beaches and vacation homes.
Since 2020, property values in Playa Hermosa have been climbing by 10%-15% annually, thanks to a mix of tourism and eco-friendly buyers. This upward trend is likely to persist, with prices expected to rise further in 2025 as tourism and infrastructure investments grow.
The entire Guanacaste region, which includes Playa Hermosa, is experiencing a boom in real estate, driven by both tourism and international investors. While specific numbers for Playa Hermosa aren't available, the overall trend in Guanacaste shows a strong real estate market with more transactions happening. Playa Hermosa is also seeing new eco-friendly projects and resorts, making it even more appealing to tourists and investors.
Local government efforts to enhance infrastructure, like road upgrades and beachfront renovations, are adding long-term value to the area. The short-term rental market in Playa Hermosa is thriving, with vacation rentals fetching $150-$500 per night. For those looking at long-term rentals, prices range from $1,500-$3,500 per month for furnished homes with ocean views.
These developments are making Playa Hermosa a prime spot for those interested in second homes or vacation properties. The combination of natural beauty, improved infrastructure, and a growing real estate market is drawing more attention to this serene beach town.
Sources: Costa Rica Real Estate: Market Overview 2024, Costa Rica's Fastest-Growing Real Estate Market: Guanacaste Real Estate, Understanding the Costa Rica Real Estate Market
2) Santa Teresa is thriving with high rental yields, attracting digital nomads and surfers
Santa Teresa is buzzing with high rental yields thanks to its appeal among digital nomads and surfers.
With its stunning beaches and consistent waves, Santa Teresa has become a magnet for surfing enthusiasts. The town's laid-back vibe adds to its charm, offering a unique beach experience that draws people from all over.
The introduction of Costa Rica’s digital nomad visa has been a game-changer, attracting remote workers to Santa Teresa. These digital nomads are on the hunt for mid- to long-term rentals with strong internet and modern amenities, pushing up demand in the rental market.
Property owners are seeing the benefits, with luxury villas often exceeding $5,000 per month in rental income. The town's growing reputation as a global luxury destination is also pulling in high-spending tourists and investors.
Short-term rentals are thriving, with beachfront homes fetching $400–$1,200 per night during peak seasons. This influx of tourists and digital nomads is driving property appreciation, with prices rising steadily.
Santa Teresa's property market is on the rise, with prices consistently increasing by 10–15% annually. The combination of natural beauty and modern conveniences makes it a hot spot for investment.
Sources: Tierra Tropical, CB Sunset Reef Realty, My Tan Feet
We have made this infographic to give you a quick and clear snapshot of the property market in Costa Rica. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Ojochal is gaining interest for its affordable land and custom home potential
Ojochal is quickly becoming a hot spot for affordable land prices and custom home opportunities.
In just a couple of years, from 2023 to 2024, the area saw a 300% jump in new property listings and a 200% rise in active properties. This boom shows that more people are eyeing Ojochal as a place to invest or settle down.
One big draw is the availability of building lots priced under $100,000, which is a steal compared to other parts of Costa Rica. This makes Ojochal a great entry point for those looking to dip their toes into the real estate market. Plus, the average home value in Ojochal has climbed by 15.5% over the last five years, hinting at a promising upward trend.
Local builders are busier than ever, with more building permits being issued, signaling a high demand for new homes. Both locals and foreigners are driving this demand, and real estate agents say Ojochal offers a perfect mix of scenic beauty and tranquility, appealing to both lifestyle seekers and smart investors.
Custom homes in Ojochal are proving to be wise investments. Take a 2-bedroom home and studio cabin, for instance, which saw its value soar from $186,000 to $309,000 in just three years. This kind of appreciation shows the potential for custom projects to grow in value, making them a tempting investment.
Sources: 2 Costa Rica Real Estate, Osa Tropical Properties, Osa Tropical Properties, Costa Rica Real Estate Service
4) Grecia is gaining interest for its affordable homes and appeal to retirees seeking a peaceful lifestyle
Grecia is quickly becoming a favorite spot for retirees thanks to its affordable housing and tranquil lifestyle.
In recent years, while the broader Costa Rican real estate market has seen a dip, property sales in Grecia have surged. This trend highlights a growing demand for homes in this charming town. Retirees are particularly drawn to Grecia because they can find basic homes for around $100,000, and more spacious options, like two- or three-bedroom houses, range from $150,000 to $300,000. These prices are quite attractive compared to other popular areas in Costa Rica, where homes can be much pricier.
Beyond affordability, Grecia offers a warm and welcoming atmosphere. The town is known for its strong sense of community, which is a big plus for those looking to enjoy a peaceful retirement. The infrastructure here is well-suited for seniors, with medical centers and housing options that cater to their needs. This makes Grecia not just affordable, but also a comfortable place to settle down.
For retirees, the appeal of Grecia goes beyond just the cost of living. The town's friendly vibe and community spirit make it an ideal place to enjoy a slower pace of life. With adequate facilities and services, retirees can feel at ease knowing they have access to everything they need.
Grecia's growing popularity among retirees is also fueled by its beautiful surroundings and mild climate. The town is nestled in the Central Valley, offering stunning views and a pleasant year-round climate. This natural beauty, combined with the town's amenities, makes it a top choice for those seeking a serene retirement.
Sources: Costa Rica Real Estate Market Update, Grecia, Costa Rica - Guide To A Jewel Of The Central Valley, Costa Rica: The #1 Destination for Retirement
5) Dominical is gaining interest for its adventure tourism and beachfront living, driving up property values
Dominical is quickly becoming a hotspot for adventure tourism and beachfront living, driving up property values.
Back in early 2024, property prices in Dominical took a dip, but by August, they started to climb again, showing signs of a stabilizing market as we head into 2025. This shift is partly due to new real estate developments like the Dominical Project, which features luxurious boutique hotels and residential properties right on the beach.
The Dominical Project is particularly noteworthy because it includes the largest developable beachfront parcel on the southern coast, making it a prime spot for investors. Meanwhile, nearby areas such as Platanillo and Baru are catching eyes for their affordability and growth potential, offering more options for those looking to invest.
Tourism is booming, thanks to improved infrastructure and dedicated tourism development programs. The Southern Zone, where Dominical is located, is seeing a steady increase in visitors drawn by its stunning beaches, waterfalls, and national parks.
Dominical's location is perfect for adventure seekers, offering activities like surfing and hiking, which are becoming increasingly popular. This surge in tourism is a key factor in the rising property values, as more people look to own a piece of this paradise.
Sources: RE/MAX Costa Rica, The Dominical Project Prospectus, TechBullion
Get to know the market before you buy a property in Costa Rica
Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.
6) Escazú is thriving with its upscale amenities and strong property appreciation, attracting both expats and locals
Escazú is a hotspot for both expats and locals, thanks to its upscale amenities and strong real estate appreciation.
Property values in Escazú have been on the rise, driven by urban growth and a desire for luxury living. This makes it a prime location for real estate investment. The area offers a variety of properties, from affordable townhouses to high-end luxury homes, catering to different budgets. This diversity, along with a secure market, makes it a smart choice for both local and international buyers.
Families and expats are drawn to Escazú for its excellent healthcare services and international schools. The presence of upscale shopping centers and diverse dining options adds to its charm, offering residents a taste of international cuisine and high-end shopping experiences.
Just five miles from San José, Escazú provides easy access to urban amenities without the hustle and bustle of city life. This convenience, combined with low crime rates and positive testimonials from expats, enhances its reputation as a desirable place to live.
Escazú's popularity is also fueled by its high demand for luxury real estate. The area is known for its secure market, making it an attractive option for those looking to invest in real estate. The variety of properties available caters to different budgets, ensuring there's something for everyone.
With its proximity to San José and a reputation for safety, Escazú continues to be a top choice for those seeking a blend of luxury and convenience. The combination of upscale amenities, strong real estate appreciation, and a secure market makes it a standout location.
Sources: CRIE, Expat Exchange, Numbeo, International Living
7) La Fortuna is attracting investors with its booming eco-tourism and high-return vacation rentals
La Fortuna is attracting investors thanks to its thriving eco-tourism scene and promising vacation rental returns.
In 2024, Costa Rica experienced a notable 11.93% increase in tourist arrivals compared to the previous year. La Fortuna, nestled near the stunning Arenal Volcano and its famous hot springs, is a key player in this tourism boom. This area is a magnet for visitors seeking adventure and relaxation, making it a hotspot for those looking to invest in vacation properties.
Vacation rentals in La Fortuna are in high demand, with an average occupancy rate of 51.70%. During peak seasons, this rate can soar, offering investors a chance for substantial returns. The limited growth in available properties compared to the rising demand means there's a real opportunity for profitability here.
La Fortuna is also celebrated for its eco-friendly accommodations, like the Arenal Oasis Eco Lodge & Wildlife Refuge. These places draw tourists who are keen on sustainable travel. The Costa Rican government is backing this trend by offering incentives to businesses that embrace eco-friendly practices, further boosting the area's appeal.
Investors are particularly interested in La Fortuna because of its unique blend of natural beauty and sustainable tourism. The region's commitment to eco-friendly initiatives not only attracts tourists but also aligns with global trends towards responsible travel. This makes it a smart choice for those looking to invest in a growing market.
With its breathtaking landscapes and commitment to sustainability, La Fortuna is more than just a tourist destination; it's a promising investment opportunity. The combination of high tourist interest and limited property availability creates a perfect storm for potential investors.
Sources: Investing Costa Rica, Arenal Oasis, EIN Presswire, Investing Costa Rica
8) Nosara is popular with eco-conscious buyers for its sustainable projects and rising property values
Nosara is a hotspot for eco-conscious property buyers thanks to its sustainable development projects.
In Nosara, property values are climbing as more people seek eco-friendly homes. This isn't just a local trend; Costa Rica's reputation for environmental care is a big draw for investors looking for high-value properties. The country's commitment to sustainability makes it a prime spot for pre-construction investments.
Nosara is serious about cutting its carbon footprint. The town is embracing renewable energy like solar and wind, conserving natural resources, and offering sustainable transportation options. Costa Rica is a pioneer in green building, with projects like Casa Flotante leading the way. These homes use smart designs for natural ventilation, rainwater collection, and solar energy.
International buyers, especially foreign investors and remote workers, are eyeing Nosara's real estate market. Costa Rica's political stability and quality of life make it an attractive option. The demand for luxury resorts along the coast, near places like Playa Avellanas, is a clear sign of this growing interest.
Nosara's appeal isn't just about the environment; it's also about lifestyle. The town offers a unique blend of natural beauty and modern amenities, making it a perfect spot for those looking to invest in a sustainable future. The combination of eco-friendly living and high-quality real estate is hard to resist.
For those considering a move, Nosara offers a chance to be part of a community that values sustainability and innovation. It's not just about buying a property; it's about investing in a lifestyle that prioritizes the planet. With its rising property values and commitment to green living, Nosara is a smart choice for the eco-conscious buyer.
Sources: Villas del Sol Nosara, Costa Rica Green Building History, Costa Rica Real Estate Market Trends | 2024
We made this infographic to show you how property prices in Costa Rica compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) Uvita is gaining attention for its expanding tourism infrastructure and vacation rental potential
Uvita is catching the eye of investors thanks to its booming tourism scene and vacation rental potential.
In the past year, the real estate market in Uvita has been on the rise. More properties are closing deals faster, with 6.7% of properties selling within a month in 2024, up from 2.9% in 2023. This shows that buyers are making quicker decisions, highlighting the growing interest in the area.
While we don't have specific numbers for Uvita, the vacation rental market is buzzing. In popular spots like Nosara and La Fortuna, occupancy rates are climbing, hinting that Uvita might be seeing a similar trend. This makes it a hot spot for those eyeing vacation rental investments.
Uvita's charm lies in its appeal to nature lovers, and this is driving a boom in new hotels and resorts. From fancy boutique hotels to simple hostels, the variety of accommodations is expanding, meeting the strong demand for places to stay.
Investors are noticing Uvita's potential, especially with its growing infrastructure catering to tourists. The area is becoming a magnet for those looking to capitalize on the vacation rental market, thanks to its natural beauty and increasing popularity.
Sources: Uvita Travel Guide, Trends and Threats in the South Pacific Costa Rica Real Estate Market, 2024 Vacation Rental Investment Insights
10) Puerto Viejo is gaining interest for its Caribbean vibe and growing short-term rental opportunities
Puerto Viejo is quickly becoming a favorite for property buyers thanks to its unique Caribbean vibe and booming short-term rental market.
Imagine waking up to the sound of waves and the sight of lush jungles—this is the charm of Puerto Viejo. The town's stunning beaches and relaxed lifestyle are drawing people in, making it a hotspot for those looking to escape the hustle and bustle.
Tourism is on the rise along Costa Rica's Caribbean coast, where Puerto Viejo is nestled. This surge has led to a vibrant community with new restaurants and tour operators popping up, catering to both locals and visitors. Real estate agents are seeing more interest from North American and European buyers, especially those eyeing properties close to the beach or tucked away in nature.
The local government is also playing its part by investing in infrastructure improvements, which are set to continue through 2025. These upgrades, along with the buzz from media and social media, are making Puerto Viejo even more appealing. Property values are climbing, particularly for beachfront spots, as demand outpaces supply.
For those considering an investment, the limited availability of beachfront properties is a key factor driving up prices. This scarcity, combined with the area's allure, makes it a prime location for potential buyers.
Sources: TechBullion, News is My Business, Rebecca Clower
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.