Friday 18 June 2021

The Cost of Owning a Home on Guanacaste’s Famous Coasts: US$45,000 to US$3.6 million

Photo by Andrés García
Photo by Andrés García

(Q COSTA RICA, by César Brenes Quirós, Vozdeguanacaste) How much would it cost to have a home in Guanacastecan paradise? If you’re yearning for ocean views of Papagayo from your living room, you can find lots starting at $900,000 (¢450 million) . If you want something less expensive, lots in Playa Grande, Santa Cruz, start at $45,000 (¢25.1 million) . See Infograph.

These figures were highlighted by the latest reports from two real estate firms that most closely follow the region, Newmark Grubb and VIP Costa Rica Real Estate Services . Both show a wide offering of residential homes, condominiums and land throughout the province , with a broad range of pricing.

- Advertisement -


Variation in pricing is due to type of property, topography, whether or not it has an ocean view, access to services like water and existence of property title or concession. Two neighboring properties, for example, could have widely different values.

After consulting with the real estate firms and specialized websites, we compiled the following list of available lots and homes:

Most and Least Expensive Beaches

Papagayo Peninsula has lots available ranging from $900,000 to $3.6 million in front of the beach. According to Andrés Zamora, manager of Costa Rica VIP Real Estate Services, this area is the highest priced in the entire Guanacaste beachfront market at $1,800 per square meter on average, pre-construction.

- Advertisement -

In contrast, the Pacífico real estate development, located in Playas del Coco, has a few condominiums available at $300,000, with lots priced at$100 per square meter, pre-build.

Flamingo has projects such as 360 Flamingo (residences from $275,000-$975,000), Oceánica (homes from $360,000) or The Palms (villas from $875,000). Zamora and his team of real estate agents classify this area as having the highest concentration of luxury homes on the northern coast .

In Tamarindo, The Oaks development has about 20 percent of its 96 homes available, starting at $200,000; Hacienda Pinilla, also in Tamarindo, has homes from $500,000 to $2 million.

Nosara is another sought-after location by tourists, not only for its mountaintop ocean views, but also because it is surrounded by a reserve that tourists and expats call “jungle.” According to the website Encuentra24, which specializes in real estate, the average square-meter cost of a constructed home is about $1,800 . Currently you can find 123 homes available.

Buyers Are In Charge

Some land was heavily discounted after the crisis, including “premium” land with ocean views. But values began to increase again, attracting more sophisticated foreign investors who prefer locations at most 15 minutes from the beach, the real estate firms noted.
Who benefits the most? For now, three large groups have been identified, according to Costa Rica VIP. The first is composed of young, Tico and foreign adults from 18-35 who want offerings in the range of $80,000-$150,000 on average .

The second group is mostly foreign families older than 44 who want to move to Costa Rica or are looking for a second or third home option abroad for relaxation, investment or retirement. In general, these clients look for small homes from 150-500 square meters and medium-sized lots from 600-2,000 square meters (the equivalent of about a third of a football field).

- Advertisement -

For tourist or commercial developments, buyers for the most part are established companies or corporations looking to invest.

This article originally appeared on and is republished here with permission.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles


Informants assisted OIJ in corruption investigations, says the minister

QCOSTARICA - The investigation into alleged bribery of public officials in exchange for contracts for road works, received help from informants within the Consejo...

Since 2018 MECO has received contracts from the State for more than ¢139 billion

QCOSTARICA - Almost ¢140 billion colones (US$227 million dollars) is the amount the MECO construction company was able to snare for public works contracts...

Nicaragua government assures that detainees violated one of the Ten Commandments

TODAY NICARAGUA – The vice president of Nicaragua and First Lady, Rosario Murillo, assured that those who feel persecuted are for the crimes they...

Cynthia Ann Telles named new U.S. Ambassador to Costa Rica

QCOSTARICA - Today, U.S. President Joe Biden announced his nomination of Dr. Cynthia Ann Telles as United States ambassador to Costa Rica. According to the...

Opinion: Peru’s electoral drama is damaging democracy

Q REPORTS (DW) In Peru, the left-wing village school teacher Pedro Castillo has in all probability been elected the new president. The fact that...

Today’s Vehicle Restriction: June 13, “EVENS”

Today, Sunday, June 13, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Central America is back in the news for the wrong reasons, Costa Rica is once again the exception

QCOSTARICA - Osta Rica has been the epicenter of regional diplomacy in recent days. The successive visits of the Secretary of State of the...

“Caso Cochinilla”: Name arose when comparing parasite with hidden corruption

QCOSTARICA - On Monday, the Organismo de Investigacion Judicial (OIJ) moved to the raid, seize and arrest of their investigation into corruption of public...

Nicaragua’s Foreign Minister absent from the summit of Central American presidents

QCOSTARICA - The Daniel Ortega government sent its ambassador to Costa Rica, Duilio Hernández, as its representative to the summit of Central American presidents...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.