Costa Rica – the rugged, rainforested Central American country with white sandy coastlines, teeming with wildlife and a fantastic tropical climate. To find out more about why Costa Rica is a great investment for property buyers, we spoke to one of Costa Rica’s international real estate and architecture companies – Yourvalleyhome.
Could you tell us a bit about your company and what makes your company so special?
Yourvalleyhome has emerged with a vision which goes beyond a consultancy service related to real estate proposals into the field of design and construction for those customers requiring a specific space which suits their particular needs.
Our architecture seeks a balanced integration between us and our environment without ever losing sight of comfort and style which are always a priority for living.
Are you seeing more people invest in luxury/high end properties?
Costa Rica has long been a magnet for international celebrities seeking revitalization as well as the opportunity to invest in real estate. International celebrities range from football players, models and film directors to actors and writers including multiple Oscar and Emmy award winners.
What are the key features within a home they are seeking?
Most clients seek tranquility and privacy. Design requirements vary tremendously. Some opt for resorts providing a multitude of facilities such as tennis courts, golf course, swimming pools and proximity to the sea whilst others value absolute privacy and have opted to acquire land for custom built houses.
Do many of your buyers rent out their homes to the holiday market?
This varies greatly depending on the type of housing. Resorts or Condominiums typically offer a rental service via the administration of the complex which most buyers choose to use.
In other cases where the owners acquire a property that is not part of a housing complex, the tendency is to hire a company which manages the property. Services may include maintenance, security and vacation rentals amongst others.
Which is the most popular region of Costa Rica people buy in and why?
Guanacaste has long been a real estate Mecca for foreign buyers due to its climate, variety of stunning beaches and natural beauty.
What do your clients look for in properties in this region?
Climate, Access, Quality, Comfort…
Has there been a change in what clients look for? If so, why?
A new trend towards sustainability is emerging. Clients no longer search for merely comfort and style but also take into account factors such as recycling, conservation and renewable energy when making decisions regarding the purchase of real estate.
Have prices moved in the past year? If yes, please explain
Prices for real estate in the coastal areas of the country have remained relatively stable. The metropolitan area has witnessed the greatest appreciation both in commercial and residential development. This has led to a phenomenon of new local buyers investing in vertical apartment towers under the boutique living concept as well as the development of new class A and A + corporate complexes with prices ranging from $ 21 to $ 24 per m2 including maintenance.
Have you seen a shift in the type of buyer over the past year?
There has been greater participation and an increase in real estate sales in the younger generations who are opting for vertical housing in metropolitan areas.
Are British buyers different in their needs than other buyers?
I would say that that British buyers are more specific when it comes to expressing their needs and they are very determined when they have made a decision.
Has Brexit impacted on property sales at all?
Well, in Costa Rica, the British community is relatively small, which is why Brexit did not generate a mayor impact in our real estate market.
What types of properties are the best sellers and why?
Foreign clients favour the beach or mountain properties close to the sea.
The tranquility it generates; the sound of the sea; the temperature of the water; the intense colorful sunsets; the variety of natural species; healthy food which includes a huge variety of local fruit, vegetables and sea food are all big influences on clients buying these sorts of properties.
Is there anything you would recommend clients do before purchasing a property?
Definitely. Visit the country, discover different regions, and eat different foods.
We will gladly help you coordinate your stay in the country, and if you need advice, we can talk in person while you are touring the area.
Why should clients use your company?
One of our main objectives is to provide exclusive attention for our clients. We aim to provide as much comfort as possible. Providing a personal service and getting to know our customers is of great importance to us.
Do you offer an after sales service?
Not at this moment, but our doors are always open to our customers and if it is in our hands we will gladly help you.
Finally, why should people buy property in Costa Rica?
Costa Rica is a place for rest, tranquility, relaxation and adventure sports. People who in some way appreciate the harmony between nature and lifestyle.
From the appreciation of whales and dolphins at the beginning of June, to the arrival of hundreds of turtles on the Caribbean and Pacific coasts, or the flight of colourful macaw parrots, toucans and quetzals which inhabit our tropical jungles and forests, or the colourful hummingbirds and butterflies which appear in the gardens of our homes.
If these characteristics are to your liking, Costa Rica is the ideal place to buy your international property.
A few of Yourvalleyhome’s hot properties.
Click on the photos below to view more photos.
For more information on any properties shown through out this article, please contact Sheilyn and quote the property name.
For more information on Costa Rica and the properties Yourvalleyhome have available, please contact Sheilyn on the details below.
(506) 8979 57 22