Nosara Land

The good news in Costa Rica Real Estate is that projects seem to be moving along quite well and new development continues.  In the popular San Jose Suburban area of Escazu and Santa Ana, real estate sales may have slowed from 2006-2009, but new homes and projects kept sprouting up throughout the entire time.  Here is an overview of the new developments in Costa Rica Real Estate.

• The Lindora area of Santa Ana has doubled in size, adding new restaurants like Applebee’s, Kentucky Fried Chicken, Teriyaki Experience to brand new plazas on the main strip.  Lindora has also built several new high rise office complexes that house many local businesses requiring office space.  This area exploded starting in 2004 and has not stopped.  There is also a new commercial plaza going in near the newly erected national soccer complex towards the airport.
• In Escazu, there are several new high-end commercial real estate developments.  The Multiplaza Mall, Costa Rica’s most popular shopping destination, doubled in size and store capacity.  This renovation/addition was completed in December of 2009 and includes new stores such as Armani Exchange, the North Face, Simans department store, Apple, and Carolina Herrera.  Just blocks away, the new “Avenida Escazu” has opened.  This commercial and residential area is similar to Miami’s Lincoln Road, offering the latest in fashion in many different retail stores.  The area is also home to several new dining destinations, and features the first Imax theater in Central America.

Homes, commercial plaza’s, and condominium complexes are still being erected and heavily marketed in the Central Valley.  People are still coming in droves from nations like the United States, Canada, Colombia, Argentina, and Venezuela.  While global real estate may be making a very slow comeback, Costa Rica Real Estate is holding up just fine.

This entry was posted on Wednesday, January 27th, 2010 at 10:58 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.