Costa Rica Real Estate News – The beach front town of Dominical on Costa Rica’s central Pacific is famous for its spectacular coastline and is most well known by national and international surfers. The once tiny fishing village has now grown into a major destination, not only for surfers but for tourists, second home buyers and retirees seeking a tropical vacation or lifestyle.
It is easy to see why so many visitors are captivated by this area with its cascading cliffs along deep-blue ocean waters, producing a scenic landscape full of small coves, plantations, estuaries, mangroves, marshes and truly majestic views. Lush rainforests, white sandy beaches, abundant wildlife, especially birds, makes this relatively slow paced beach town an ideal and spectacular place to visit, relocate or invest.
Improvements to infrastructure has added value to Dominical real estate, such as the Caldera highway addition, improvements to the Pacific coastal highway and a modern hospital in the town of Cortes. The largest infrastructure improvement is just 61 kilometers from Dominical; the national airport at Palmar Sur that is being expanded to handle international flights dramatically increasing access to the region starting in 2014.
Industry experts are looking at the example of the Liberia airport in the northern region which expanded to allow international flights to relieve the San Jose airport. When this happened, Guanacaste’s Gold Coast, only a one hour drive from Liberia saw an explosion of growth.
In most respects the real estate in Dominical is still in its early stages of development in comparison to more populated Pacific beach towns like Playa Jaco, and Manuel Antonio. These developed beach towns are asking for considerably higher price points on ocean view properties than in the Playa Dominical.
Converting beach front or ocean view locations into exclusive high value properties offer some of the best returns on investment in Dominical. In regards to this, Dominical’s real estate market is targeted as one of the primary investment regions in Costa Rica by industry experts seeing the area on a very positive development track.
The Southern Zone of Costa Rica is rich in biodiversity and it has always been popular with eco tourists from around the globe. Now with better access and infrastructure the region has been getting a great deal of investor focus. If you are looking for a retirement destination, second home or an investment property in Costa Rica, Dominical should be on your list of places to consider.
Terrance Johnson
