About 3 hours south of San Jose Costa Rica, just above the coastal highway around Ojochal is the largest residential expat development in the entire county. Without the aid of a real estate office, highway signs or office in San Jose, this project has been one of the best kept secrets while being the most successful. While many other developers in Costa Rica have come and gone, this firm has grown slowly and steadily. The company is represented under the name Pacific Lots of Costa Rica and sales to North Americans from both the US and Canada have been brisk even as most other real estate projects in Costa Rica struggle to survive. With 22 years developing land and building custom homes, a primary reason of the success of the company has been its conservative approach and the decision to build a residential community, not a tourist attraction.
Costa Rica Blog
Tags: Costa Rica real estate, Real estate in Costa Rica, Caldera Highway, international living, foreclosed homes costsa rica, Pacific Lots, Costa Rica retirement, Property in Costa Rica, Costa Rica development, baby boomers offshore, Costa Rica
It might be bad news for the home front in countries like the US, Canada and much of Europe as the largest population segment in many countries reaches retirement age. Both the housing market and the employment outlook are liable to feel a jolt as baby boomers pull up roots and head to sunnier climates.