Elements evaluated in the yearly analysis are eco footprint, wellness and life-span to name a few. Costa Rica's closeness with nature and environmental consciousness is no secret - the reality is the country has emerged as a mecca for environmentally friendly travel and has designated that 25% of it's land mass will be considered biological reserves and federal parks. With a former Nobel Peace Prize winning president, Costa Rica sets an example among other Latin American nations in Central America and this gives it's society the faith in their country which contributes clearly to all-around moral.
Costa Rica has really been a progressive country - getting rid of it's military in the late 40's and opting alternatively to direct those savings into education and health care for its residents. Often recognized as the Switzerland of the Americas, the country has emerged as the frontmost expert in eco travel and is consistently on the list of anyone considering a "green" locale. Her pure natural beauty, model democracy, life expectancy and first-class social system, Costa Rica draws investors in real estate and also retirees seeking to elongate their retirement income while living a excellent quality of life.
Only a few years ago, MSNBC tagged the Costa Rica Homes For Sale segment as being one of the hottest in the world which would subsequently create a wave of interest in purchasing real estate - at least until the global crisis hit. With such a short length of the effects of the crisis, Costa Rica has since recuperated and is well on it's path to their once booming Costa Rica real estate segment.
First indicators are showing us an emerging commercial boom might just be upon us with an incredible rise in construction of mega malls and shopping places through-out all segments of the Central Valley. Lamenting this concept of a likely commercial increase are evident in the enormously prominent Avenida Escazu and 5th stage of the growth of Multiplaza Escazu. The newest venture, set to open in 2014 is among the largest malls in the nation, reminiscent of the united size of all 5 portions of Multiplaza but being constructed at the same time is City Mall.
The City Mall project is happening in Alajuela and will feature a substantial construction footmark of at least 185,000 square metres. Testament again to commercial interest growing, the City Mall development is currently soldout with all locales taken. This can be traced to the tremendous marketing results of the developer to international labels from all over the world that include Chili's, Tommy Hillfiger, the Gap, Carrion, Alis and Kenneth Cole to name just a few. 10 cinemas featuring the latest in technology including 4D, will be incorporated in the concept.
The expert in real estate in Costa Rica is Homes For Sale in Costa Rica (Costa Rica Real Estate .COM), together with the most sizeable inventory of properties whether commercial or residential.
The localised Central Valley micro-boom has developers racing to continue to keep with the need from both international and local segments although in Guanacaste we are noticing a more focused attention on Costa Rica retirement communities and gated secured communities. Costa Rica medical tourism is one more blooming marketplace - specifically in Guanacaste - with which has companies building to accommodate this worthwhile marketplace.
2013 is looking to be a breathtaking year for Costa Rica real estate and with fresh and rising markets on the climb, this is imagined to continue past 2014.