Beach & Oceanfront Luxury Properties in Demand
The beachfront luxury rental and luxury real estate sales market has picked up in prime locations on the coast. The Luxury Real Estate Property Market has recognizably picked up momentum in 2015 and even more so in 2016. According to several agencies we spoke to, we have found that the rental market is better than ever which translates also into more sales for luxury residential sales. This is clearly the case in the Guanacaste region where we surveyed agents from the Costa Rica MLS, focusing on homes $750,000 USD and above. The luxury rental market is less market dependent than the sales sector, but the effect it has on sales is significant, and in the right direction according to luxury sales and rental agent professionals in popular beach destinations and coastal areas of Guanacaste and Puntarenas, and southern Limon Provinces.