Beachfront Condominiums For Sale in Jaco Beach, Costa Rica

This is an opportunity to invest in a brand new beachfront condo development, in Costa Rica’s happening Jaco Beach located in Puntarena on the Pacific coast. The tiny Central American country of Costa Rica has long since been touted in the US and Canada as a low-cost property investment location backed by a reputation as a safe and stable nation of friendly people. It also enjoys strong economic growth and continues to invest in an already well developed infrastructure, Costa Rica was recently ranked above the United States in a study of world healthcare systems. Add in year warm temperatures, low cost living and a variety of leisure pursuits Costa Rica is making waves in the property world.

With 5% of the world’s biodiversity packed into just 0.03% of the worlds landmass, it is clear how The Rich Coast got its name with its abundance of natural parkland, wildlife ecosystems, volcanic craters, waterfalls and a coastline on two oceans and the reason that Costa Rica has fashioned a booming eco and adventure tourism industry. Continuing Costa Rica’s hard work carving a reputation for conservation and eco tourism, new President Oscar Arias has added a new cabinet position to promote environmentally friendly tourism. Keeping tourist safe and protecting and growing tourism is a major part of the new administration’s goals. A reputation as a peaceful and friendly nation has been a boon to the real estate industry, Costa Rica has the longest tradition of democracy in Latin America and as foreigners are allowed to own land directly, both owning and developing property is inherently easier and safer and there is no fear that someone is going to expropriate your property as is the case in some Mexican property deals.

On the back of an explosion in tourism visitors, Costa Rica is now in the midst of a property boom with the focus concentrating on northern Costa Rica’s remote Pacific Coast in the Guanacaste province. Once the domain of die-hard surfers, this frenzy has been created in part by American investors seeking cut-price ocean-front real estate now accessible thanks to strong persuasion of Delta airways by the American developers of the pioneer development Peninsula Papagayo 3 years ago to service direct flights to developing Liberia airport in Guanacaste’s capital from Atlanta, Miami and Houston, eliminating the 5 hours trek from the main Juan Santamaria International airport in San Jose  - Continental and American airways have since followed suite. At the heart of the now aptly nicknamed Gold Coast’s transformation, the Daniel Oduber airport in Liberia, now receives over 300,000 visitors annually compared to the initial 50,000 when those direct flights first landed. Created in 1997 Peninsula Papagayo is a luxury resort like no other on the coast, the developers not only paid for a private infrastructure of roads, sewers, buses and electricity but even set up its own team of paramedics and fire brigade. The 2300-acre, $400 million Península Papagayo project has a Four Seasons resort and although currently only 44 houses and condos have been built (selling for $2 million to $12 million) there are plans to include three more hotels and more than 1,000 luxury homes. In addition, 2006 see’s the groundbreaking on a host of new projects: the Jack Nicklaus Design course (second of three 18-hole designs planned); a proposed all-suite Four Seasons hotel; the release of 13 premier oceanfront lots on Prieta Beach; construction of 16 turn-key, 2,800 square-foot villas with golf and ocean views; a 28,000 square-foot members-only beach club; and phase one of the majestic Marina Papagayo, which will feature 340 yacht slips as part of a stunning complex of condominiums, restaurants, shops and entertainment centres, as well as a boutique hotel.

The overwhelming success of Peninsula Papagayo has paved the way for a surge in the construction and sale of new and off-plan condo projects in the Guanacaste province as well neighbrouing the Punterenas province and has even spawned property development trend in Panama, Honduras, Belize and Nigeragua.

Read on for details on Diamante Del Sol, a beachfront condo project on Jaco Beach.