Is Costa Rica Real Estate Still Affordable?
Many publications (depending upon who they represent!) will represent that Costa Rican real estate is grossly overpriced and that there are really no “bargains” any longer. These so called “experts” will represent that prices in Dominical, Tamarindo, and Playa Flamingo and Papagayo have increased ten times in value and that the average sales prices is approaching prices in the States. So… are these claims true or false? Well, quite candidly (from someone who lives in Costa Rica) there definitely are areas which should probably be consider overpriced (unless of course, you are one who can buy a $500,000 house and not blink an eye) as they have received publicity and of course, are definitely gorgeous without any doubt. BUT..these are areas which are overpriced simply because of publicity. Remember, it is all about supply and demand. So…is real estate in general overpriced? As in any city or state, there are areas which are overlooked and which are still stunning and gorgeous. There