Costa Rica has long been a paradise for tourists, but in recent years, it has also become a top choice for real estate investors—particularly those from the United States and Canada. From its stable government to favorable tax structures, Costa Rica offers a unique environment for investing in residential and vacation properties.
Within Costa Rica, the province of Guanacaste has emerged as a hotspot for smart investors and digital nomads alike. But what makes this region stand out? Let’s explore the advantages, market trends, and practical insights that make investing in Costa Rica real estate a compelling decision in 2025.
Costa Rica offers one of the most investor-friendly environments in Latin America, especially for foreign buyers. Here’s why:
Unlike many countries in the region, Costa Rica enjoys long-standing democratic governance, no standing army, and steady economic growth. Its pro-business attitude has made it a regional leader in investment protection.
Foreigners have the same property ownership rights as locals, and there are no restrictions on purchasing land, whether for residential or commercial purposes.
Tourism is one of the country’s biggest economic drivers. In 2023 alone, over 2.3 million international visitors entered Costa Rica, many staying in short-term rental properties (Source: ICT Costa Rica). This creates strong potential for high-yield vacation rentals.
Guanacaste, located on the northwestern Pacific coast, is one of Costa Rica’s most desirable and profitable real estate regions.
The expansion of Daniel Oduber International Airport in Liberia connects the region to major U.S. and Canadian cities with direct flights. This has driven a spike in property demand among tourists and expats.
Top areas like Tamarindo, Playa Flamingo, Nosara, and Playas del Coco have shown consistent appreciation in property values and rental income potential.
The region is seeing a surge in sustainable, high-end developments that cater to the luxury market while respecting the environment—a key selling point for international buyers.
According to the CBRE Latin America Real Estate Outlook 2024, Costa Rica remains one of the most attractive investment markets in the region due to:
Sustained demand for vacation rentals and long-term leases
Rising interest in eco-living and off-grid properties
Higher yields in tourist areas compared to traditional investments in North America
A study by PROCOMER also highlighted Guanacaste as a strategic region with ongoing foreign direct investment in tourism and real estate (Source: PROCOMER).
Investing in paradise still comes with risks if you’re not well-informed. These are common errors that can cost investors dearly:
Many properties in Costa Rica are not fully titled or may have boundary disputes. Always verify title deeds with a local attorney or notary.
Beachfront and agricultural lands may have restrictions on building or usage. Not knowing the local zoning codes (uso de suelo) can derail your plans.
If you’re not living in the country, make sure you have a reliable property manager and account for annual upkeep, taxes, and insurance.
The legal process is different than in the U.S. or Canada. Always hire a bilingual lawyer familiar with real estate transactions in Costa Rica.
To maximize your return and avoid common pitfalls, consider the following best practices:
✅ Work with certified real estate agents and attorneys
✅ Choose locations with established tourism infrastructure
✅ Investigate rental yield and occupancy rates
✅ Consider HOA fees, local taxes, and utility access
✅ Diversify by exploring income-generating properties like duplexes or Airbnb-ready homes
Costa Rica’s real estate market isn’t just for traditional investors—it also appeals to remote workers and digital nomads who want a tropical lifestyle with long-term value.
The Digital Nomad Visa, introduced in 2022, allows remote workers to stay for up to 12 months with possible renewal. Requirements include a minimum monthly income of $3,000 and proof of health insurance.
Buying property while living in Costa Rica can serve dual purposes: a stable home base and an appreciating asset. Locations like Nosara and Santa Teresa are popular with tech professionals, content creators, and startup founders.
Costa Rica offers a rare combination of legal security, lifestyle appeal, and strong returns—especially in Guanacaste, where tourism and infrastructure are booming. Whether you’re looking for your next portfolio property or your future home in paradise, now is the time to act.
✅ Contact us for a free, no-obligation consultation with local experts who understand the U.S. and Canadian investor mindset.
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PROCOMER – Real Estate Investment Report
ICT Costa Rica – Tourism Statistics
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