You tend to get up early in Jaco, often you hear people say they used to sleep in but here they get with the sun, I think it’s the just the energy of the place. The horseshoe shaped bay seems to enhance and project the sound of the ocean so no matter where you live in Jaco Beach you can always hear the rhythmic sounds of the ocean surf.

Beach combing is a popular pastime with expats here in Jaco Beach as so many take their morning walks along beach, which seems to energize you for the hot and humid day ahead.

Jaco Beach is the most modern of the Pacific coastal beach towns and certainly the most developed, and in terms of coastal living, Jaco beach is the most important expat havens. Jaco beach is a place where both the new ways of the modern world meets the old ways and both aspects are obvious to those that live here.

As an expat living on Jaco beach, you can immerse yourself in a modern beach lifestyle or living just outside of town you can have that relaxed rural, secluded lifestyle Costa Rica is also famous for.

If you live anywhere in Costa Rica you’ll know that Jaco is known as a party town. Its casinos and night clubs are legendary! Jaco, being the closest beach to San Jose draws a large numbers of people looking for the famous Jaco Beach party experience, which can be found most nights of the week and especially on the weekends.

Unlike many other areas where there are established expat communities in Costa Rica, only a few words of Spanish are required to get along living in Jaco Beach, it is a very English oriented beach town. This is because of the fully developed tourist industry.

Jaco Beach tends to be a little more expensive than the small towns and villages close by, but it has so much to offer; you can live comfortably in Jaco beach for about $2,500 a month.

In the more rural areas around Jaco beach you can live on $1,600 a month, including rent and many single expats live on less.
You will find healthcare in Jaco is high quality and a fraction of costa in the U.S. To give you some examples, an electrocardiogram in the USA costs between $400 and $2,275 USD depending on the hospital you attend for the test, and here in Costa Rica you can have the electrocardiogram and stress test, and doctors consulting fees for $120 USD. You will also find the dental clinics in Jaco beach provide excellent services at fraction of the cost than the USA.

If you are a foodie you will enjoy Jaco Beach. The cuisine choices here include local typical food, Italian, German, Japanese, Chinese restaurants, Argentine steak house, and much more.

Jaco Beach definitely has its own special flavor. It’s a place fun and excitement for vacationers, it’s a place to relax and slow down if you are a retiree, and it’s a place to party if you like that Latin American beach town sizzling lifestyle.

Pura Vida,
Terrence Johnson

The post Living in Jaco Beach appeared first on Jaco Beach Real Estate.

Buying Jaco Beach real estate can be very intimidating primarily due to the buyers’ lack of knowledge in the countries real estate regulations and laws, and as well the language barrier. We spoke with Jeff Fisher from CR Beach Real Estate who, with over 15 years selling real estate, has helped 100’s people acquire their tropical dream property. Based on direct experience, Jeff has found that having peace of mind during real estate transactions comes down to a couple key points:

Work with an Experienced Reputable Real Estate Agency

Securing an experienced Costa Rica real estate agency with a proven track record will help the buyer find a property that suits their needs, budget and lifestyle. A professional, experienced real estate agency will also ensure the buyer avoids common and not-so-common transaction mistakes when purchasing property. For example his/her in-depth knowledge will steer you away from unscrupulous developers, or properties with questionable title or tainted history or even other location and ecological factors unbeknown to outsiders.

Work with Reputable Legal Advisors

This is another critical aspect when buying Costa Rica real estate, secure a reputable, established attorney that has a proven track record and that understands real estate law as well as English, to facilitate the entire purchasing process from deposit to registered title. Those that think they can do it on their own dealing directly with sellers and/or developers will have a much greater chance of running into legal and potential property issues.

While Costa Rica has an excellent public registries system and the laws governing real estate purchase and ownership affords foreigners the same rights and privileges as local Costa Ricans, it cannot be overstated – get proper legal representation!
These two points; inside local intelligence and experience as well as impeccable legal representation, are the keys to a successful and hassle free real estate transaction in any foreign country.

For more information on buying Jaco Beach real estate, you can contact us

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In Costa Rica, where there is no ‘official’ statistical database for the real estate industry, assessing the numerics of house prices and real sales stats is tenuous at best, however with a strong network real estate agency and organization connections and with the assistance of surveys and polls from media companies the trend is clear.

We are fortunate to have on staff, Jeff Fisher of CR Beach; Jeff is a 15 year real estate veteran who has lived in Costa Rica for 20 years. Mr. Fisher gave Jaco Beach a C+ grade for the year which represents a “slightly better than average” score for the year.

First, let’s look at some overall data reported on Costa Rica’s news media that affected the Costa Rica real estate market in general:

The higher-end luxury real estate market continues to see growth in Costa Rica and Jaco Beach in particular has seen an uptick in foreigner home buyers looking for high value properties at good price points.

Higher median housing prices in North America are now driving buyer interested in luxury real estate, particularly for ocean view, beachfront, and near beach properties. The property market in Costa Rica is very dependent on the economy of North America (USA and Canada). For example in Canada at the mid-year point in 2015 the average home was $439,144.00 CDN so real estate value comparisons in Costa Rica are very enticing.

Gross rental yields in many parts of Costa Rica are moderately good in 2015, ranging from 6% to 8%.

Costa Rica’s base interest rate fell since the beginning of 2015, reaching 6.55% in September 2015, down from 7.2% in January 2015, according to the Banco Central de Costa Rica (BCCR).

In July 2015, the average interest rate on colon denominated housing financing stood at 12.9%, slightly up from 12.61% from a year earlier.

The average interest rate on U.S. dollar denominated housing loans sat at 8.21% in July 2015, which was down from 8.47% for the same period the previous year.

Costa Rica´s economy has been on track to expand a total of 3.8% in 2015, after 3.5% growth in 2014, reported the International Monetary Fund (IMF).

Foreign arrivals are an important factor in Costa Rica’s real estate industry as travel is a pre-curser to property sales. According to the Costa Rican Tourism Board, for the first half of 2015, foreign arrivals to Costa Rica increased 4.4% over the same period in 2014, for a total of 987,800 visitors. Tourism revenues are expected to reach approximately $1 billion USD in 2015, up by $160 million USD from 2014. Tourist arrivals averaged 2.3 million+ people from 2010 to 2014. North Americans make up over 60% of all foreign arrivals in Costa Rica every year.

Jaco Real Estate

For 2015 the fastest-selling properties in Costa Rica are in the Central Valley and the Pacific coast and this trend has been consistent for several years. According to a report by The Costa Rica News (TCRN), gated communities and condominiums in the Central Valley and central Pacific coast are particularly popular among foreign buyers.

Jaco real estate started to see an uptick in 2013 emerging from the global economic slowdown with a large inventory of bear market, bottom of the barrel prices. Since then prices have edged up only slightly and the inventories have remain quite high. Jaco Beach real estate is still a buyers market with an excellent selection of property opportunities for those savvy investors still capitalizing on a large a number of post-crunch properties in distress.

The real estate market in Jaco Beach has been getting more publicity over the past year from new resorts and developments that have just come online. These developments such as the new Croc’s Casino Resort have put on media marketing blitz’s that has helped to showcase Jaco Beach as a destination of choice for real estate investment.

Overall the Costa Rica real estate market has seen a slight uptick for 2015 and the Central Pacific coast remains one of Costa Rica’s most active regions.

If you would more information on Jaco real estate contact us directly:

The post Jaco Real Estate Report 2015: Stable Prices & Higher Foreign Demand appeared first on Jaco Beach Real Estate.

If you are ready to live, work or play in a tropical paradise and are visiting Costa Rica on vacation, consider taking a real estate tour to gain firsthand knowledge of the real estate market in Costa Rica as well as other important information on living in Pura Vida land. Jaco Beach real estate tours are a great way to get to know Costa Rica’s biggest tourism and expat destination.

There is a growing trend in real estate for agents and agencies to offer paid real estate tours. In the past a potential buyer finds an agent and the agent can spend anywhere from 1 to 3 day driving this potential client around looking at various properties. Many agents still do this, even though they know this client is just ‘window shopping’ and essentially getting a private tour of the area and available real estate. Now it is becoming more popular among agents to either offer first time ‘lookers’ a general real estate tour, and like all tours in Costa Rica there is a charge for these, and this makes sense.

Agents are now beginning to charge from $50 to $100 a day for ‘private’ tours and less for group tours. Real estate tours, private or group, are a great way to get firsthand knowledge of the market, property types, and the advantages and pitfalls of purchasing real estate in a particular area.

These tours are not just disseminating real estate information but other important information on topics such as the residency processes and Costa Rica health care system. Some of these tours are strictly local events such as Jaco Beach Real Estate Tours, that may focus on Jaco Beach, Los Suenos and as far south as Esterillos. Other tours cover more territory, visiting Central valley, Guanacaste, and Central pacific locations. There extended torus can take several days, and require group travel in a micro or coaster bus, but are a great way to see the various retirement regions of Costa Rica.

For a more extensive look at market here you can follow this link to Jaco Beach Real Estate. If you would like to speak with one of our real estate experts please feel to contact us directly at the numbers below or through our contact form

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Jaco Beach has been Costa Rica’s busiest real estate market since the late 1990’s and today there is still and ongoing demand for the ocean side condo lifestyle.

Retirees and investors are looking for more than just a Jaco Beach condo they are looking for lifestyle.

Resort-type living attracts buyers that are looking for stylish and luxurious condo units that offer a maintenance and stress-free lifestyle with all the amenities that can be found at ocean front resort. This type of real estate combines all the comforts of home with all the opulence and excitement of a luxury resort.

Jaco Beach has been attracting baby-boomers retirees to its sunny shores for over 15 years and this has created a steady improvement and development of the luxury lifestyle real estate market. Today, Jaco Beach is Costa Rica’s premier resort community and offers buyers not only great value, but also and integrated lifestyle of luxury, fun, and adventure in stunning tropical paradise.

Jaco beach sees a large number of return visitor every year and more and more of these return visitors have seen the benefit of buying a condo in Jaco Beach so that it is available to them when they return but generates rental income while they back in the US or Canada. When they are here they get to enjoy all the luxury of an upscale resort such as casinos, fitness facilities, spas and salons, pool bars, dance clubs, restaurants, and even retail stores.

Jaco Beach has a number condo residential community types. There are the actual beach front condo building and building complexes, there are also gated communities with separate home that are also referred to as condos, and there are apartment style as well as attached townhome style condos.

The Jaco Beach condo lifestyle has never been more exciting. There is tremendous opportunity no matter what you are looking for, from small income condo units to buying wholesale to capitalize on the beachfront lifestyle market.

Jaco Beach has been Costa Rica’s busiest real estate market since the late 1990’s and today there is still and ongoing demand for the ocean side condo lifestyle.

Retirees and investors are looking for more than just a Jaco Beach condo they are looking for lifestyle.

Resort-type living attracts buyers that are looking for stylish and luxurious condo units that offer a maintenance and stress-free lifestyle with all the amenities that can be found at ocean front resort. This type of real estate combines all the comforts of home with all the opulence and excitement of a luxury resort.

Jaco Beach has been attracting baby-boomers retirees to its sunny shores for over 15 years and this has created a steady improvement and development of the luxury lifestyle real estate market. Today, Jaco Beach is Costa Rica’s premier resort community and offers buyers not only great value, but also and integrated lifestyle of luxury, fun, and adventure in stunning tropical paradise.

Jaco beach sees a large number of return visitor every year and more and more of these return visitors have seen the benefit of buying a condo in Jaco Beach so that it is available to them when they return but generates rental income while they back in the US or Canada. When they are here they get to enjoy all the luxury of an upscale resort such as casinos, fitness facilities, spas and salons, pool bars, dance clubs, restaurants, and even retail stores.

Jaco Beach has a number condo residential community types. There are the actual beach front condo building and building complexes, there are also gated communities with separate home that are also referred to as condos, and there are apartment style as well as attached townhome style condos.

The Jaco Beach condo lifestyle has never been more exciting. There is tremendous opportunity no matter what you are looking for, from small income condo units to buying wholesale to capitalize on the beachfront lifestyle market.

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Called one of the most “bio-intense places on earth” by National Geographic, Costa Rica has won numerous and prestigious rewards such as TripAdvisor Traveler’s Choice Awards, here are some of 2015’s awards:

The beaches and hotels in Costa Rica were named among the best in the world; No. 2 Top Hotel for Families in the World, No. 17 of the 25 Top Beaches in the World, No. 2 of the Top 10 Beaches in Central America, 13th best hotel for romance in the world, out of 25 top hotels in Central America, Costa Rica holds 16, No. 2 Top Hotel in the World for 2015 – Costa Rica known for its lush, wildlife-filled jungles lining deserted beaches, it truly a spectacular place to live, work and play and continues to top major global indices.

Costa Rica has become famous for the luxury lifestyle it offers. Resort living can be found in many towns on the beach where you can take a morning stroll on the beach, stop for an authentic traditionally brewed coffee at a cafe…browse through posh boutique, enjoy gourmet foods, golf on world class course or take a catamaran dinner tour to watch the sunset.

Jaco Beach, the most developed coastal town in Costa Rica, and while only sporting a population of about 10,000 residents, Jaco Beach is a very busy town being the closest major beach resort location to San Jose. Jaco delivers all the services, comforts, and conveniences one expects in a modern resort style, tropical beach town.

The beach in Jaco is 2.5 miles (4 km) long with condos, hotels, and resorts lined up one after the other and the main street which runs parallel to the beach one block inland also has numerous condo complexes, hotels, casinos and resorts.

Vacationers enjoy all the water activities you expect in a coastal town as well as all the major jungle adventure there is as well. With the most developed service industry in Central America, Jaco Beach has caught the eye of celebrities, international businessmen, vacationers, gappers and a growing expat community.

From little local soda shops to Five Star dining you will find a large selection of cuisines. Enjoy sushi to Italian to Peruvian to fresh from the ocean seafood restaurants, to beach bar bacon cheese burgers, Jaco beach is a cornucopia for the foodie in you. Of course there are also all the American standards like KFC, Subway, Pizza Hut, etc.

And that’s not all, in Jaco you will find all business services, electronic services, fitness services, spas, salons, pharmacies, and so much more. There are also a number of private medical and dental clinics in Jaco. Adapting and acclimating to living in Jaco Beach with its fully developed and well established service industry is really easy with every convenience right at you finger tips.

If you need to get away from the bustle of Jaco for a bit, you can escape to a number of quite beaches within 20 minute drive from Jaco, such as Playa Hermosa only five minutes south of Jaco. If you are looking for some adventure, there is everything from canopy tours to whitewater rafting to enjoy.

Jaco Beach Real Estate

According to Jeff Fisher, a 20 year veteran of living in Costa Rica, and owner of CRBeach, one of the longest operating offices in Jaco Beach, “Jaco Beach has come a long way in the past 10 year, it’s truly a resort lifestyle beach town now and I see this growth trend continuing for some time to come.”

While there are very affordable condos right on the beach in Jaco, there are of course many in land a few blocks in Jaco with incredible Pacific views from your terrace or balcony.

Doing a little research on Jaco Costa Rica real estate market you can find properties ranging from $60,000 up to almost $400,000 and with the highest inventory levels in the $175,000 to $240,000 USD. Of course there a number of luxury estates for much more but that is median range.

The Jaco area is one of the few locations left in Costa Rica where you can still buy Titled beach front property, as a majority of the beach front available in Costa Rica is Concession property, which is regulated by municipalities under the maritime law that restricts ownership of shore line land.

First generation condo complexes are generally only a couple stories with landscaped court yards and pool, while newer developments are more high rise building and modern architecture, and now Jaco Beach sports large resort complex such Croc’s Casino Resort with 152 luxury hotel rooms, 44 beachfront condos for sale, and a Las Vegas Style Casino, right on the beach.
Gated communities are a very popular option for retirees in Jaco beach. These near-beach communities offer 24/7 security, community pools, outdoor rancho areas for BBQ and gatherings, and often community a club house. For those part time retirees, property management services at many of these gated communities allow owners to generate excellent income renting their home as a vacation income property.

While Costa Rica in general saw a slow down after the US housing bubbler popped, and then the global economic downturn, Jaco because of its location, continued development and tourist drawn continues to see strong rebound growth. Jaco beach real estate specialists expect to see this trend continue through 2016.

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