- Written by Christopher Howard
The South Caribbean is one of the few remaining areas of the country where the real estate boom has yet to make a substantial mark. It’s not for lack of beauty, leisure activities, or a welcoming community. Rather, it’s because access to the area is difficult and the region’s maintains an exaggerated reputation for bad crime.
A new resort in Limón, if it gets built, could make the area more attractive to other investors. As other areas of the Pacific get built out, investors will begin looking for deals elsewhere, and the Caribbean has plenty of them. An initial investment in the South Caribbean takes less capital compared to most areas along the Pacific coast, so the area may be a good option for those who want to invest, have some time, but don’t have so much cash.
The South Caribbean has one of the most eclectic communities anywhere in Costa Rica, which makes it a potentially very interesting place to live. For those who aren’t bothered by the difficult access, Puerto Viejo itself has a lot to offer as far as activities, restaurants and local culture. Land prices there are still some of the lowest in the country. Overall, it’s an interesting option for those looking to relocate permanently.