Real estate property hotspots
Tamarindo
Tamarindo
Tamarindo lies on the southern end of a long sandy bay first made famous by surfers and deep-sea fishermen. The bay continues to the north to include Playa Grande, separated from Tamarindo beach by a salt water estuary. Playa Grande is a protected nesting area for the giant leatherback turtle.
Tamarindo has evolved into a major real estate draw. Property prices have risen considerably over the past few years and the high end beach-side vacation homes earn staggeringly high rental rates. The town is well positioned for the residential tourism market offering a wide array of accommodations, restaurants, shopping, orange sunsets and a lively nightlife. Surfers are fanatical about the surf breaks in the area and golfing facilities are close at hand. After being deemed "unsafe for swimming" by the Ministry of Health in 2007, Playa Tamarindo was given a clean bill of health in September 2008.
Getting to Playa Tamarindo Costa Rica
Domestic flights land at the Tamarindo airport seven days a week. Liberia International Airport is 60 minutes by car.
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Have you visited Tamarindo, in the Guanacaste region of Costa Rica? Have you invested in real estate in Tamarindo or Costa Rica property? Share your experience with others by writing a review:
Overview of the Area
Real estate market information
Data relates to the period 2009/2010
Recent reviews
Learn from other investors
21.05.2010,
Hara
Tamarindo is an intriguing mix of modern amenities, modern problems and old fashioned enjoyment. Unfortunately, the restaurants at the main beach area were closed down on our last trip, probably a result of the downturn. Some of the best hotels like the Capitan Suizo, Tamarindo Diria and Riu Guanacaste offer great accomodations. Lots of surfers, tourists, night life and druggies. Be careful at night and dont leave anything with a plug in your room.
Reviewer has visited the hotspot: Yes
Reviewer has invested in the hotspot: No
14.01.2010,
Hara
We saw over 50 different lots in 5 towns and areas of Guanacaste, from high end developments to rough lots in the jungle. We were convinced we wanted an ocean view since we live in Southern CA and oceanview lots are in the millions. When we stumbled on Venado Hills near Portogolpe, an easy 15 minutes from Tamarindo, I almost cried when I saw the views. It is peaceful, gorgeous and very affordable for land in a gated community. The owner is a Tico and one of the nicest gentlemen Ive met here. The sale went smoothly, we have electric and water onsite and will begin building our home very soon. Tamarindo has the same challenges as surfing towns in the US. So being in a private, safe community near a gas station Huacas and 3 large markets is much better.
Reviewer has visited the hotspot: Yes
Reviewer has invested in the hotspot: Yes
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International real estate
December 2008 – Road paves the way for progress on Belize peninsula
Work is progressing on several projects on the Belize peninsula of Placencia, long-touted as one of the Caribbean’s next hot spots. After years of delays, the government is finally paving the lone road that runs the length of the peninsula, home to one of the few stretches of white sandy beaches on the Belize mainland. Source: Kevin Brass, International Herald Tribune, Properties Blog
November 2008 – Panama Sept economic activity up 8.24 pct yr/y
Panama's economic activity increased by 8.24 percent in September compared with the same month a year earlier, the government said on Monday. Source: Reuters
November 2008 – Is Latin America really a property hotspot?
If ever there was a time to invest in an exotic home in Latin America, this is it - or so the sales pitch would have it. The region is being touted as the one most likely to emerge unscathed from the current economic turbulence, with luxury new developments aimed at foreign buyers in the most unlikely locations under the sun. Source: Susan Emmett, The Times