The housing market according to a lot of realtors, is in a recovery phase, which was thought that it could be a little faster this year, it is slower than expected, until 2012 the housing market may be seen in a regular basis.Despite the current crisis in the real estate industry in the United States and many Latin American countries, it is certain that this market in Costa Rica and many parts of the world has been one of the most profitable and stable industries along history.
Ones of the current economic symptoms that predict a market recovery, is the constant migration to Costa Rica, investors in some countries in South America, as well as the new generation of young professionals who come to seek their own house, which leads to ensure prosperity of the real estate market in the country for the coming months.
Escazú, Santa Ana and Ciudad Colón have been areas that have large capital gains in the last decade for both residential and commercial sector.
The east of there are constructions of large investment projects.
The new trends are directed to the construction and development of projects with a vertical and more contemporary architectural style.
Escazú and Santa Ana are located as the most expensive and exclusive GAM, this for the commercial and residential sector. Compared with other countries, the squaremeter in Costa Rica is much higher.
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