Puntarenas is Costa Rica's new real-estate hotspot

The Pacific Coast city of Puntarenas has become Costa Rica's latest hotspot for commercial, residential and tourism real-estate projects.

Monday, July 7, 2008

Development of the city has been inspired by its natural attractions, a first-rate location and a complete services infrastructure.
"Puntarenas has many of the characteristics of a well organized city, with plenty of services, such as hospitals, a fire brigade and universities," said Randall Alvarado, a consultant with CMK Research.

More on this topic

Central America's top 10 research resources

April 2008

The UN’s World Tourism Barometer report showed that tourist figures for the region increased by 10.3% in 2007, one of the highest year-on-year improvements across the globe.

Mexico and Panama are already established tourism and buying destinations with the North American market. They have also been attracting more attention from European investors in the last couple of years.

$5 million Residential Project in Honduras

July 2013

In the northwest of the city construction will take place of Ciudad Maya, a luxury residential complex which integrates a commercial area, a corporate area, an apartment building, and other recreational areas.

William Hall, a member of Inmobiliaria del Valle (Invalle), and project manager, said one of its additional attractions is that it will have a road bridge which will provide singular access to the complex.

Panama awaits more than US$20 billion in investment

July 2008

Panama can look forward to more than US$20 billion in public and private-sector investment over the next two years, economist Guillermo Chapman said at a business forum organized by the Indesa consultancy.

"This figure does not include the development of Howard [the former US base] or real-estate investment in other areas," Chapman added.

Major Real Estate Projects Announced in Costa Rica

February 2014

Shopping centers and hotels in the city and on the coast are part of the new projects planned for this year and 2015.

Four commercial and mixed-use projects are predicted to boost the sector in 2015. These are City Mall, City Place in Santa Ana, Ocean Mall in Puntarenas and Jacó Beach Walk in in Jaco beach.

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