More

    Costa Rica Property Sales Decline 5th Consecutive Month Means Buyers Market

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    House and property Sales drop again for the 5th consecutive month, which means a buyers market for investors.

    Property sales in Costa Rica fell by 25.2 percent in April after five (5) consecutive months of decline. Investors see opportunity as market seems to be reaching the floor.

    April data shows that 3,554 deeds were signed in San Jose, the capital of Costa Rica, for a value of $348,000.00 (approximately). The average amount of each transaction was just over $98,000 USD. The numbers also reflect negotiated price averages dropped over 17%.

    Furthermore, official data indicate that recorded sales shrunk over 15% compared to same period last year.

    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Availability of Water, Human Talent and Infrastructure are Great Challenges for Growth in Guanacaste

    Hand in hand with tourism, the growth of Guanacaste in the last ten years has been undeniable, according to...

    More Articles Like This

    Language »