Puerta a la Vida's new neighbors are getting some great press! Need a lot of room? The Wall Street Journal's Developments blog reports on a new penthouse that would satisfy even the most square-footage-hungry buyer. The penthouse unit of the 14-story Genesis Puntarenas in Costa Rica is a 68,459-square-foot oceanfront spread. The developers are calling it the world's largest penthouse and want to sell the not-yet-built unit for $50 million. Read more on Luxist...
Investing in Costa Rican Real Estate
According to NBC, Costa Rica is one of the Top 5 hottest real estate markets in the world! Even in tough market conditions, the Costa Rica real estate market is still on the rise.
Costa Rica is now rapidly being transformed into an international destination for travelers and retirees from around the world. The costs of ownership and living in Costa Rica are extremely attractive to international buyers. This factor coupled with the unique experience one can have in a country with such awe-inspiring natural beauty and biodiversity, high quality of life, and easy accessibility make it an attractive option for both owning and investing.
Costa Rica offers a stable currency, considerable infrastructure, as well easy accessibility from the United States, only a 2 -3 hour flight from Florida and Texas. With a 1,290-kilometer coastline full of sandy beaches, over 100 volcanic cones, and a vast variety of flora, fauna and ecosystems, Costa Rica offers experiences that are one-of-a-kind. It is becoming a much sought after haven for retirees who value the relaxed atmosphere and distinct life experience of living abroad.
Ideally situated among the best beaches along the Pacific coast and within close proximity to Costa Rica’s tropical rain forests and national parks, Puntarenas offers both a place to unwind and to seek adventure. The best of Costa Rica’s natural beauty, from mountain ranges and waterfalls, to rushing rivers, wildlife preserves, and diverse fauna, can be found close within its reach.
Puntarenas is also easily accessible. A newly created toll way provides direct access to and from San Jose's Juan Santamaria International Airport, putting visitors within 25 minutes of the country's capital and international airport.