Search:

Costa Rica's Southern Zone... The Future is Now!

We all hope to find that niche in a real estate market. To be “in the right place, at the right time” is the goal of every investor hoping to see substantial returns on their investments. The best way to ensure that you pick the right spot for that investment, is to look at what activities are taking place that present themselves as conducive to rapid growth. The following article will emphasize why this author believes without a doubt that Costa Rica’s southern zone presents investors with the best opportunity to realize tremendous gains by choosing this hot spot.

1. Paving of the last piece of the Coastal Highway north of Dominical.

This is the largest single contributing factor that will facilitate the rapid increase of development in the Southern Zone. For many years now a solitary 30 mile stretch of the coastal highway between the popular tourist destination of Quepos and the hip surfing village of Dominical has remained a bone-jarring rock and gravel road. The highway both north and south of this unpaved stretch is in great condition, and with the new implementation of the national highway infrastructure program, this remaining stretch of road will begin being paved in the spring of 2008. This will substantially cut down the drive time from San Jose to the southern zone, which in turn will spur the developmental potential of the region. There are also plans to convert the coastal road into the Pan-American Highway once the Quepos to Dominical project is completed. The southern zone has enjoyed a type of immunity from large development projects due to its somewhat difficult accessibility, but after the paving is complete the door will be thrown wide open for future investments.

2. Construction of a new international airport near Palmar Norte.

The second contributing factor to the growth potential of the southern zone lies with the construction of a new international airport near Palmar Norte. President Oscar Arias was recently in Palmar Norte (July 2007) to finalize the plans and sign the required documentation to implement the construction plans for the new facility. There are currently only two international airports in the entire country, one located in Liberia in the northern zone, and the other in the capital of San Jose. The addition of an international airport to the southern zone of Costa Rica is a true indicator of the growth potential of the region. Many international travelers will find it much more appealing to be able to fly into the beautiful southern zone as opposed to having to rent vehicles and make the difficult drive from the capital. Investors will also see the better accessibility as an attractive feature when considering purchasing land in the region. The airport is set to break ground in May of 2008 with a completion date scheduled for sometime in 2010. Prices are assured to see dramatic increases once the airport is completed.

3. New hospital facility being completed near Cortes.

The final factor that is a great indicator as to the investment potential in the southern zone involves the completion of a new medical facility near the town of Cortes. The facility is now 95% complete, and should be totally finished by the end of the year. This addition could prove quite attractive to retirees looking to settle in Costa Rica, but also wanting quality health care nearby. Costa Rica is internationally recognized for having an adequate health care system, and often referred to as the best place in Latin America for health care.

These three factors are prime indicators of the eminent growth that the region will soon be encountering. The prices of property in the area have already seen gradual increases as these projects were being considered, and are sure to see even larger increases as they are completed. The future of the southern zone of Costa Rica looks bright and full of great investment opportunities for that savvy buyer. All the current economic, political, and developmental trends point to the southern zone being the next hotspot in this country full of boundless potential for investors.

Article Source: http://www.freeforallarticles.com

Buy Safe Costa Rica is an objective listing service that helps people buy Costa Rica real estate and offers homes and land for sale from only trustworthy owners and brokers. Learn interesting facts about Costa Rica as well as find the perfect home or investment property in the country of Costa Rica in a few short clicks at www.buysafecostarica.com.