Designer home at the beach in Playa Guiones
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Walk to the beach, stores and restaurants in Guiones
In November 2014 Cheryl Casone of FOX Business News visited Playa Guiones for vacation and what she realized about our local real estate market prompted her to share her findings live on FOX. Listen to this unsolicited promotion as it appeared on television in front of thousands of viewers.
By Bram Shook, Century21Nosara.com
Have you ever heard someone say “if you had purchased property here fifteen years ago, you’d be smiling today?” Well for the past few years this has been a common sentiment around Nosara, where real estate values have increased at an impressive pace and owners have profited handsomely. The most eye opening statistic tells all—prices in the K Section of Playa Guiones (Nosara) ranged in between $30 to $50 per square meter in 2002. Today a seller can expect to net $250-$375 per square meter in the same area—with or without a structure on the property. These numbers are a tell-tale sign of what is possible when a sleepy beach town transforms into a popular beach community with something for everyone to enjoy.
With prices at a premium and inventory decreasing, people have been asking me where they should buy next. Here are my recommendations for any type of real estate investor—whether it be for a second home, vacation rental, primary home, or a development opportunity in Guanacaste.
Up and Coming Towns North and South of Nosara
Marbella — Known as an intermediate-to-advanced surfing spot with waves that have beautiful shape and power, Marbella is a forty-five minute drive north from Nosara and is nearly the same distance south from Tamarindo. This town is one of the last undeveloped “pueblos” in Guanacaste and has a charm that keeps people coming back for more than just surfing. The real estate opportunities range from large farms to track-style homes in any of three new communities. Prices are considerably less than Nosara and Tamarindo.
San Juanillo – Known for its beautiful protected coves, shady tree lined beaches, fishing, and snorkeling, San Juanillo is a thirty-five minute drive north of Nosara along Route 160. Home owners enjoy beautiful views of the ocean and surrounding mountains that make San Juanillo one of Guanacaste’s hidden treasures. There is an abundance of raw land on the market and several estate style homes. San Juanillo prices are very affordable for anyone searching for a large property or estate style home.
Ostional — Known for the world famous sea turtle nesting site and surfing beach breaks, Ostional is located twenty-five minutes north of Nosara along Route 160. Visitors and home owners love the old Costa Rica feel of this small town along with its foothills and jungle lined-beaches. Lots and homes are available throughout Ostional and the prices are well below those in neighboring Nosara.
Playa Pelada — This is a quaint beach town just north of Playa Guiones. You can walk to Playa Pelada north along the beach from Playa Guiones or take a quick drive on Route 160. Pelada is known for its restaurants, beach, and small town feel. Property prices are half of the cost when compared to Playa Guiones. Playa Pelada typically starts to experience an uptick in sales when Playa Guiones has less inventory and higher prices—that means right now!
Garza — Just south of Playa Guiones is Playa Garza—a well-known fishing village that has a breathtaking bay and a white sand beach. Local fisherman moor their boats in the bay for easy access to the world-class fishing just minutes offshore. Inland from the Garza bay are small communities that sit in the cozy, rolling hills and valleys overlooking the Pacific and inland mountain ranges. Large farms, lots, and homes are available for sale or rent in Garza and prices are very affordable for any type of buyer.
Communities and Developments
Nosara Hills — Located in the Nosara Mountains in the Northwestern part of Costa Rica, Nosara Hills is a beautiful, secluded eco-friendly community with breathtaking ocean and tropical jungle views. Established by a local construction company with over 10 years of experience in Costa Rica, the Nosara Hills is proud to offer you one of its 30 building lots.
The Colony at Nosara — The Colony at Nosara is the area’s top luxury master-planned community. Its forward-thinking developers built it to surpass your expectations and fulfill your life vision. If you want to revel in the tranquil sanctuary of a jungle hillside luxury home and if you desire exclusive privacy in a neighborhood of like-minded families, the Colony can meet and exceed these desires with an average home site that boasts 2.8+ acres of tropical retreat. Experience life each day immersed in nature while enjoying every creature comfort you require. Up until now, a community solely planned for luxury, privacy, and the WOW! factor did not exist in this area. The Colony at Nosara is the first development of its kind.
Vista Bella Ecological Estates in Marbella — Vista Bella is located in the seaside town of Marbella, Costa Rica. This gated development is situated on 244 acres of pristine land and each lot has an ocean view and access to the community’s club house and pool. The town of Marbella and its world-class surfing beach are a short drive from the development. Lots start at $75,000 US and custom homes are currently under construction.
Lomas Del Sol in Marbella — Lomas Del Sol is a beach community where you can achieve a unique lifestyle next to the warm Pacific Ocean. Designed with the highest quality standards, each home combines the best amenities with comfort and the natural beauty of Marbella’s jungle setting. Lomas Del Sol’s community is designed for families who wish to live in harmony with nature and leave a legacy for their children and grandchildren to enjoy for years to come.
If you would like to talk about “what’s next” for real estate investing in Guanacaste, I encourage you to set an appointment with one of our representatives soon. We can answer your real estate questions, tour properties, and guide you to the best possible purchase for your budget.
Regardless of your preference—a farm with a custom built residence or a single family home in a planned development—each of the areas I’ve just introduced have appeal for anyone with a desire to live peacefully in a country setting by the sea. In fact, it’s incredible how many similarities exist between towns like Marbella and what Nosara / Playa Guiones were like only fifteen years ago. For example, Playa Guiones had appeal for surfers, retirees, and eventually Yogis who discovered its beauty and decided to become neighbors with the local Ticos. As a result the community developed into one of Costa Rica’s best places to live and visit—and property values skyrocketed in a relatively short period of time. I believe this is beginning to happen in other “pueblos” and the timing is ideal to enter the market and take advantage of prices that are very affordable.