Buildings that have been icons of Paseo Colón could be close to cede their space to large vertical condominiums. These properties are already subject to even contest between potential investors. The clearest example is the Toyota agency, whose owners currently considering options for another use to the field, which covers an entire block on Paseo Colón. “There...

The Supreme Electoral Tribunal (TSE) of Costa Rica has approved a law which allows the Costa Rica Environment and Energy protection agency (Minae) to stop any real estate development in Costa Rica which puts Costa Rica wildlife, or the environment at risk. News of the new law has real estate developers, investors and local business owners concerned. Costa Rica Real Estate...

Costa Rica real estate has attracted many retirees, investors, and home buyers in the past decade, and the increased interest in properties here can be attributed to more than the natural beauty of the country. Besides offering beautiful surroundings, including waterfalls, tropical rainforests, and eight hundred miles of coastline, Costa Rica has regulations in place that...

The Costa Rica real estate market continues to flourish, even with the recent slowdown of economies worldwide. There is still quite an interest in properties in this country, as more and more people select Costa Rica for their retirement homes, relocations, and investments. With this steadily growing attraction for Costa Rica real estate properties, there has also been...

In general, the worldwide real estate market is experiencing a downturn, but Costa Rica real estate agents are forging ahead with their marketing efforts, especially when it comes to email marketing.  There has recently been a noticeable increase in the use of email marketing by realtors in Costa Rica.  This advertising tool seems to be part of the reason that Costa...

The Costa Rica Development Corporation has announced its application of Microsoft’s Dynamics CRM software for the Cerro Fresco sales force, a move that is intended to push the company’s customer service to an even higher level. The Costa Rican Development Corporation’s (CRDC) implementation of Microsoft’s Dynamics CRM software is paving the way for increased sales...

President Oscar Arias’ recent meeting with King Juan Carlos of Spain was scheduled to promote Costa Rica as a desirable vacation location and advantageous investment opportunity, and the Costa Rican Development Corporation is reaping the profits. With the intention of further escalating the growing popularity of his country as a favored tourist and retirement spot as...

Financial markets worldwide are struggling to recoup from losses experienced following the bankruptcy of Lehman Brothers, but CRDC reports that the investment activity related to its luxury residential estates has not faltered. The recent Lehman Brothers’ bankruptcy filing has resulted in quite a commotion in the investment world, with the aftermath being realized globally,...

The growing interest of reputable German-backed businesses in supporting Costa Rica’s growth by investing in a mega-airport and new highways positions Costa Rica real estate for a substantial rise in value, especially exclusive residential listings, such as the Costa Rican Development Corporation’s Cerro Fresco development. Large German-backed businesses’ recent...

Costa Rica’s Ministry of Environment and Energy will be granting the national park system an impressive US$150 million for infrastructure enhancements, likely leading to increased interest in the already booming real estate sector. The Costa Rican government’s Ministry of Environment and Energy has decided to funnel US$150 million into the country’s national park...