It still exists
Favorable real estate offers next to the sea with access to water, electricity, appropriate streets etc.
But they are very desired of course. In view of this rising prices it seems that in Costa Rica the beaches almost have a gold worth. Completely after the motto “First come – First served” many option are available. Most foreigners settled near Tamarindo, Samarà or flamingo – named the “golden coast” Guanacastes. You find many in Nosara zone, in peninsula Nicoya or in the Manuel Antonio area, Quepos. Houses are in the flamingo zone from U.S.$ 150 000 and according to size up to U.S.$ 1 million. However, the prices for real estates move in Manuel Antonio on average by U.S.$150 000. And in Nicoya Peninsula between U.S.$ 50 000 and U.S.$ 100 000
The vacation paradise
With innovative projects in the area of Guanacaste some projects are under development as “travel paradises” at the sea without damaging the valuable tropic forests. In this buildings are business centers, swimming pools, bars, restaurants and other offers of this kind. Units, fully furnished are ready from approx. US$ 65 000. 1 hectare of land for US$ 30 000 is usually offered in the southern regions of the pacific coast. In some unpopular places also under this price. From US$ 100 000 is the price per hectare in Flamingo, Conchal, Hermosa and Samara. In Manuel Antonio, a comfortable residence with pool and several hectares for example can cost more than U.S.$300 000. At the Coco Beach, a property with several hecateres and a luxurious house with pool can cost more than U.S. dollar 500 000. The prices at the Atlantic coast are not so high. In the most popular regions, one 1 hectare of land starts from U.S. dollar 15 000 and up!
Out of harbors and some protected areas, Costa Rica’s coast are public opened. Nobody can acquire titles within the 50m from the flood line or can sell them. The next 150m of the coast area are called sea zone, and it is under the state possession between 80 to 85 percent and can only be leased. For the remaining 15 until 20 percent of the coasts, that is not state property and therefore doesn’t pass any sea zone and is valid until the 50 m of the property – the usual rules for land acquisition. Who wants to build within the Sea zone has to submit the authorizations after the accordingly and valid construction plan. If a construction plan is missing, the builder and the owner must made one and submit it to the respective authority.