It's not often that you meet someone interested in Costa Rica who hasn't heard of the North Pacific Gold Coast or the Tamarindo area. Tamarindo is without a doubt one of the most sought after locations to purchase a property in Costa Rica due to it's beauty and quality of life. What's intriguing is that Tamarindo and its adjacent beach properties attract a wide range of international visitors and investors with vastly different backgrounds and a variety of resources. Those seeking five star amenities are impressed by the accommodations and properties in beachfront golf resorts like Hacienda Pinilla with the J.W. Marriott Hotel and Reserva Conchal with the Westin Hotel. Tamarindo real estate communities such as Punta San Francisco, Tamarindo Diria and La Perla also appeal to the luxury buyer with their incredible views and sophisticated finishings. However, people looking for a budget vacation rental, affordable condo or entry level home will also be pleased to find the right fit here in paradise.
The Tamarindo Community
Investors and visitors are particularly thrilled to see that the town center retains its Central American vibe, with a global expatriate community that has blended with the Costa Rican locals to create a truly dynamic community. The beach town atmosphere is enhanced by green zoning and maritime laws that have protected the beach and estuaries from agressive development. This has been particularly important in preserving the northern half of Tamarindo bay where the Playa Grande La Baulas National Park and Giant Leatherback Turtle nesting sites are located.
Tamarindo is a study in contrasts. The view from Tamarindo beach looking back towards the town is surprisingly tranquil, with charming restaurants, lovely homes, and quaint hotels obscured behind palm and mangrove trees. A stroll along the sand at sunrise or sunset will reinforce the peaceful atmosphere, with the long wide tropical bay stretching out before you for miles. On the other hand, even though the main beach road is only two lanes and remains unpaved in sections, you'll enjoy the hustle and bustle of a busy Costa Rican village. It's no wonder that visitors arriving to enjoy the surfing, swimming, fishing, golfing, eco-tours, monkey and bird-watching, and just hanging out on the beach become interested in investing in Tamarindo or its neighboring communities.
Tamarindo Property - What's Right for You?
A priority becomes finding the Tamarindo property that is right for you, your family, your friends and partners. Tamarindo condos offer a wide range, priced primarily between $100,000 and $500,000 depending on proximity to the beach, ocean views, amenities and finishings. Beachfront properties and luxury ocean view penthouses can run higher. Tamarindo also offers lots and homes in a wide variety of locations and prices.
Condo properties are usually well managed and can be rented in your absence. Most are gated to ensure you and your guests a safe experience. Rental income should more than cover costs of ownership such as association fees, condo management, utiltities, maid services, property taxes etc and can also generate income depending on the owners' usage. We work with Rentals and Property Management offices that offer professional services to select clients and boast high occupancy rates.
The Current Tamarindo Real Estate Market
Last update 01-2021 ~ Costa Rica's stability and value attract both financial and lifestyle investors and prices have dropped since the peak years. We have seen many people relocating in the last few years and not just looking for rental income properties. When the Covid pandemic began we were expecting a lot of fire sales and sellers in distress but the market remained solid. Sellers held their price and we sold many more properties than in normal times. Lots of people are looking to relocate their family to a safer and outdoor environment. Some want to retire earlier so they don't have to work through the pandemic. We can safely say that we are in a seller's market at the moment and getting shorter in inventory as time goes by. Come explore, enjoy, and if it's right for you, buy your perfect piece of property in Costa Rica.
Please feel free to Contact Us for more information or for specific property information.