Condos are king as Nosara property prices rise
- March 5, 2015
As Nosara property prices climb real estate offices are witnessing a growing number of clients wishing to experience the Nosara lifestyle while avoiding paying the kind of money that regular property ownership requires. This has lead to an upswing in inquiries about condominiums in Nosara. Here’s a few reasons why the condominium ownership option is more attractive than ever:
Many Nosara property owners are foreigners who choose to use their home only certain times of the year. They often spend only a small portion of their time in Nosara, and so managing their property from overseas can seem daunting. However condo owners have no such worries. One of the leading benefits of owning a condo in Nosara is that the vast majority of the day to day maintenance is taken care of by a Home Owners Association (HOA).
Renting your condo out to either long or short term visitors to Nosara is a fantastic way to offset ownership costs. Due to a number of factors including expanded flights into Liberia Airport and increasing media coverage of Nosara as a tourist destination vacation short term rentals have experienced a significant boost in recent times. Nosara boasts a number of highly acclaimed international schools which has been a catalyst for more and more families to able to spend greater amounts of time here. This has lead to a significant increase in long term rentals. Given their location and affordability condos often represent the best choice for both short and long term renters.
Many foreign investors arrive in Nosara with dreams of owning an incredible beachfront luxury home or swanky ocean view residence. The reality is that the price of these properties is beyond the reach of many of these visitors, particularly when their Nosara property will not be their primary home. Condos however afford the owner the opportunity to enjoy all of these benefits at a fraction of the price. Many of the condos available in Nosara are close to the restaurants, nightlife, shops and last but not least – only steps from the beach.
Featured below is a selection of some of the fantastic condo ownership opportunities currently available in Nosara:
Villa Las Palmas
Located in a tranquil corner of North Pelada the Villa Las Palmas luxury condominiums are situated as close to the beach as Costa Rican law will allow. Villa Las Palmas offers a serene, luxury lifestyle and comes with fully tended gardens, large pool, laundry room and 24 hour security. Villa Las Palmas features modern amenities and lots of living space. There are currently lots of options available to own a condo at Villa Las Palmas, with some of these homes priced well below market value. Prices start at $185,000. Click here to see our Villa Las Palmas listings.
Condos Del Sol
Only a minutes walk away from the ‘palm tree entrance’ to Playa Guiones Condos Del Sol are located in the H Section in a 10 condo boutique style development. Condos Del Sol come fully equipped with modern furnishings, a state of the art kitchen, beautiful pool and rancho area and are within a stones throw of local restaurants and shops. If you’re searching for the ultimate Nosara location that offers substantial rental income potential at a price that won’t break the bank then Conds Del Sol is a great option. Prices start at $249,000. Click here to see our Condos Del Sol listings.
Villa Del Sol
The Villa Del Sol development are the current jewel in the crown of the Nosara condo market. They sit within a thirty second walk from a stunning (and private) beach. They are constructed according to the latest European standards and include the highest quality fixtures and finishings. These are the newest condos to hit the Nosara market and in terms of construction and aesthetics they are unmatched. Big, comfortable and private (gated community). Villa Del Sol has garnered a great reputation for solid rental income and has a first class management team all ready in place. Prices start at $265,000. Click here to see our Villa Del Sol listings
Although condo ownership in Nosara is not for everyone, the location, convenience, and potential to generate solid income continues to appeal to a wide range of foreign investors. If you are thinking of embarking on a Costa Rican adventure and feel that a condominium could be right for you contact us now to help you decide which property is for you.