Infographic revealing data on international real estate in Central America
The real estate data for 2009 is in. It covers master-planned communities in Costa Rica, Belize, Panama and Nicaragua and we’ve put it together into a picture of what is going on in the markets.
The images for each country in the infographic come from each of the Tourist Boards. I’d say that the strap-lines vary in effectiveness. Costa Rica’s “No Artificial Ingredients” fit’s with Costa Rica’s eco-theme and works better than Nicaragua’s “Unique … Original” which could apply to practically any country. The same for Panama’s “It stays with you.” It does not feel specific to Panama. But the slogan for Belize “Mother Nature’s Best Kept Secret” works. Belize is a tiny country, often overlooked by world travelers despite having the largest barrier reef in the western hemisphere. Hence the secret.
As we’re on the subject of vacations, a solid piece of advice for property investors is to visit the country first on a vacation. So we thought we’d link up some travel sites for those of you mulling over whether Central America is right for you. Check out 1costaricalink.com for travel guides and hotels in Costa Rica or costaricantrails.com for vacation packages. In Panama, panamatrails.com has a selection of vacations and tours for you to review. Or here’s a broader overview of travel in Latin America. Happy traveling!
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Martin Graboski
Oct 23, 2009
Sirs- In early 2005 I purchased a 2.5 ocean view lot
in a gatted community called the Gables. Then in late
2005 I purchased 2 ocean view lots of 1.25 acres in
Bahia Mar (miramar) Both were bought from Paragon Properties of CR. All five acres cost about $120,000.
The roads need to be put in. And Paragon keeps making
promises to put the roads in but so far no roads. According
to our contract the infrastructure should have been put in
a long time ago and the prperties should be buildable. Do
you know Bill Gale and what’s going on?
revealrealestate
Oct 26, 2009
Dear Martin, Thank you for the comment. I have reviewed our database and we do not have Bahia Mar (miramar) included. Over the next few weeks, we’ll add the project. As standard, we collect information on amenities and note whether they are planned or completed. Thanks for pointing this out and we’ll make sure the project is included.
Ray Smiley
May 27, 2011
This information is amazing and really helpful – I had a few clients who were interested in properties around Costa Rica and Panama and I’m sure this would give them a better picture – will you be writing a post about 2010-2011 stats at all?
peter kenneth
Jan 25, 2013
Thank you for the useful information. it will be of great use ..