Costa Rica Property Market Forecast 2025
Costa Rica remains a top destination for property buyers—and in 2025, its real estate market is gaining even more traction.
According to Statista, the residential real estate market in Costa Rica is expected to reach US$287.72 billion this year, with a projected CAGR of 3.81% through 2029. International demand especially for luxury beachfront properties continues to surge, driven by expats, retirees, and investors.
In this 2025 market forecast, we’ll explore property trends, price shifts, top locations, and what buyers need to know before investing in Costa Rica real estate.
Why Costa Rica’s Real Estate Market Remains Resilient
Despite global economic uncertainties, the Costa Rican real estate market continues to demonstrate remarkable resilience. A stable democracy, attractive lifestyle, and increasing foreign interest have all contributed to consistent growth in the sector.
As of early 2025, demand for coastal homes, gated communities, and eco-luxury villas remains high. Areas like Tamarindo, Nosara, and Jacó Beach are leading the pack, with more international buyers seeking second homes, investment properties, or relocation options in tropical settings.
Costa Rica Property Market Outlook for 2025
The Costa Rica real estate market in 2025 shows steady growth, especially in popular coastal towns like Tamarindo, Jaco, and Manuel Antonio, where property prices have surged 8–12% year-over-year. These areas remain top choices for foreign buyers and vacation home investors.
Meanwhile, inland regions such as Grecia, Atenas, and San Ramón offer more affordable real estate options with slower but stable price growth ideal for retirees and long-term investors.
Although beachfront properties remain in high demand, many rural and emerging markets still offer prices below pre-pandemic levels, making 2025 a prime time to invest in Costa Rica property for long-term value and appreciation.
Costa Rica Investment Opportunities in 2025
As prices in traditional hotspots rise, buyers are turning their attention to up-and-coming real estate locations in Costa Rica. Towns like Ojochal, Dominical, and Puerto Viejo are attracting remote workers, eco-tourists, and younger buyers with their blend of affordability, scenic views, and growing infrastructure.
In 2025, these areas are expected to grow in value due to improved roads, fiber-optic internet, and increased tourism. If you’re looking to buy land in Costa Rica or invest in a rental property, these secondary markets offer attractive property appreciation potential.
Sustainable Real Estate Evolution 2025
In 2025, Costa Rica’s real estate market is being reshaped by rising demand for sustainable living. Developers are building green-certified homes, solar-powered properties, and eco-communities that reflect the country’s environmental values.
Buyers now prioritize energy efficiency, off-grid options, and locally sourced materials. As sustainable tourism grows, eco-friendly investments in Costa Rica offer strong long-term potential and align with global environmental trends.
How Consumer Buying Behavior is Changing in 2025
The profile of the average real estate buyer in Costa Rica is changing. While retirees from the U.S. and Canada still make up a large share of property owners, 2025 sees an influx of digital nomads, entrepreneurs, and young families.
Many are taking advantage of Costa Rica’s digital nomad visa, launched in 2023, which allows remote workers to live and work in the country for up to two years. These new residents are looking for affordable properties with strong internet, safe communities, and access to international schools.
This shift is influencing demand in previously overlooked areas like Santa Teresa, Uvita, and parts of the Central Valley. If you’re marketing or buying, understanding these buyer segments can help identify the best Costa Rica real estate opportunities.
Buying Property in Costa Rica 2025
If you’re planning to buy a house in Costa Rica in 2025, be prepared for both opportunity and competition. While property taxes in Costa Rica remain relatively low, foreign buyers must still navigate legal requirements, zoning laws, and due diligence.
The good news? Foreigners can legally own property in Costa Rica, including beachfront properties under concession. However, hiring a qualified local attorney and working with a reputable real estate agent is essential.
We recommend focusing on titled properties, securing proper escrow accounts, and having your offer contingent on legal and technical inspections. A little caution upfront can save major headaches later on.
Costa Rica Rental Market Trends for 2025
The Costa Rica rental property market in 2025 is booming especially in tourist-heavy regions. With over 2.3 million tourists expected this year, short-term rentals like Airbnb properties in Costa Rica are in high demand.
Tamarindo, Manuel Antonio, and Santa Teresa are showing strong rental ROI, with high-season bookings reaching 85-90% occupancy rates. For investors, this means steady passive income and the ability to use your home part-time while renting it out during peak travel months.
Long-term rentals, especially in the Central Valley, are also seeing steady demand from expats and digital nomads. Whether you’re looking for short-term rental income or long-term leases, 2025 presents solid returns across multiple strategies.
Financing for Foreigners in Costa Rica
One challenge in the Costa Rica property market is financing. Most local banks offer loans primarily to citizens and permanent residents, and interest rates can be high.
However, private lenders and international financing firms have entered the market, providing real estate loans for foreigners in Costa Rica. While rates are still higher than in the U.S. or Canada, these options make it easier for non-residents to buy property.
Alternatively, many sellers offer owner financing with negotiable terms—especially on raw land or homes in less-competitive areas. This flexibility adds another reason to explore real estate investment in Costa Rica in 2025.
Costa Rica’s 2025 Real Estate Incentives
Costa Rica’s government continues to encourage foreign investment. Recent policies such as tax incentives for foreign retirees, digital nomad residency, and streamlined real estate transactions make the country even more attractive.
In 2025, the government is considering further easing property transfer taxes and offering incentives for sustainable housing developments. These changes could significantly impact the real estate investment climate in Costa Rica, making it even more favorable for international buyers.
Stay informed by working with a licensed legal advisor and following updates from Costa Rica’s National Registry and Investment Promotion Agency (CINDE).
Final Thoughts
In short yes. The Costa Rica property market outlook for 2025 is optimistic. With growing demand, infrastructure upgrades, and favorable policy shifts, Costa Rica continues to be one of the most promising real estate markets in Latin America.
Whether you’re looking for a vacation rental, a retirement home, or a long-term investment, 2025 offers opportunities across a wide range of price points and regions. Just be sure to conduct proper research, connect with local experts, and move strategically.
