Due to the absence of official house price statistics, it is hard to assess the exact movements of house prices, but the trend is clearly upwards.

Although the past economic crisis has affected the Costa Rican real estate market temporarily, the market has performed surprisingly well for nearly a decade now.

Costa Rica’s higher-end property market continues to grow rapidly as foreign homebuyers flock in.

Popular investment locations currently experiencing dramatic increase in demand include Tamarindo, Playa Langosta, Playa Grande, Drake Bay, Santa Teresa and Mal Pais, Montezuma, Puerto Viejo, and Nosara and Playa Guiones.