Emerging real estate market trends in Costa RicaFebruary 8, 2011 11:53 am
E360 just made a trip to Guanacaste, Costa Rica in order to review some property for development. We are always looking at emerging real estate markets to see how innovative concepts are being leveraged. Liberia is quickly positioning itself as a medical tourism destination. An impressive trend we found was the large amount of foreign investment in medical tourism occurring. The Pacific Plaza is one such example. It is property for development under construction and already going vertical. Pacific Plaza has residential and medical office product offerings. Clinica Biblica is a major medical development with a hospital and residential community planned.
The residential resort concept is also being planned with medical tourism in mind around the Rincon de la vieja volcano. You are going to see impressive medical technology innovations driving property for development. A great asset to support the medical tourism growth is the hot springs found all around the Rincon de la vieja volcano. The hot springs produce volcanic ash mud pits supporting preventive health plans. The idea is the volcanic ash pulls the unhealthy toxins out of your body.
The hot springs also form into hot creeks, rivers and even beautiful warm waterfalls. The volcano region also offers higher elevation creating cooler climates. The diverse ranges in ecosystems vary by savannah to rain forest. The ecosystems offer plenty of adventure tourism options. The area already has canopy tours, hiking and white water rafting to support such tourism. The topography offers great potential for downhill mountain biking development opportunities too. The next time you are looking at property for development keep in mind the latest emerging real estate market trends such as medical tourism, adventure tourism and of course a low cost basis.
For more information please contact Chad Martin at [email protected]
E360 provides real estate advisory services across emerging real estate markets. We run across property for development all the time resulting from our services across Central America and the Caribbean. Our real estate advisory services include research, capital modeling, real estate development marketing and sales for international property. We have $10 billion track record focused on real estate development consulting. Let us support you with market driven concepts.