The next cove north from Playas del Coco is Hermosa. The hillside that slopes down to the little bay and its long beach offers plenty of opportunity for great views, and both condo and single family home construction. Like Coco, the beach isn’t the prettiest you’ll find, but the great views make real estate in this town somewhat more upscale.

At the time of research, the hills of Hermosa were a hive of construction activity, with lots being carved out and residences under construction. Nearby Panamá and Ocotal beaches are undergoing the same process, and plenty of expatriates already live there.

It appears that prices in both Coco and Hermosa are still on the up-tick. A mere 20 minutes from the international airport, these areas are a much more convenient location than Tamarindo. The great location means that the regional capital of Liberia is also a short drive away. 

Northwest Guanacaste is often referred to as the Gold Coast because of the amount of investment going on. Much of that investment has paused for the moment because of the global economic recession and the financial crisis, however, real estate development has advanced to the point that there’s no turning back.

 

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