Costa Rica > Costa Rica at a Glance
Costa Rica, a gem nestled in Central America, is graced by the embrace of both the Pacific Ocean and the Caribbean Sea. It shares its borders with Nicaragua and Panama, and its landscape is a poetic dance of coastal plains, rugged mountains, and volcanic peaks where balance with nature and a return to simple enjoyment defines the Pura Vida lifestyle for which Costa Rica is known around the world.
Within this enchanting realm of lies the Papagayo Peninsula set upon the Pacific coast of the prestigious Guanacaste region. It overlooks Bahia Culebra, a crescent-shaped bay that is one of the most sheltered sections of ocean south of the US border. Its azure waters offer a haven for vibrant schools of fish and playful pods of whales, making one of the few places left in the world to experience nature’s untouched beauty.
Costa Rica is a democratic nation, with a stable economy and political system and is none for a relatively low cost of living, simple tax structure and favorable real estate offerings for foreigners and expats.
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Costa Rica’s economy emerged from recession in 1997 and has shown strong aggregate growth since then. The estimated GDP for 2023 is US$90 billion, up significantly from the US$52.6 billion in 2015 while the estimated 2024 per capita (purchasing power parity) is US$28,558.
On-Site Real Estate Sales Gallery
Located in El Mangroove Hotel
US/Canada
Office
In our continuing effort to improve and maintain the high standard of the Bahía Papagayo development, the developer reserves the right to modify or change plans, specifications, features and prices. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on architectural measurements. Illustrations, renderings, photos and marketing materials provided are an artist’s conception and are intended as a general reference only, not to be relied upon, and are subject to change without prior notice. Please refer to disclosure statement for specific offering details. It may be advisable for you to consult an attorney or other knowledgeable professional who is familiar with real estate and a law in the country where this development is situated.