An area with a good mix of young and old including families, singles and retirees will support the strongest growth in the long run. What is going on in the business environment? Are businesses moving there? Growth in services catering to the local population is a good sign. Tourist related businesses including hotels, restaurants and activity providers indicate a growing market and strong opportunity.

What are the trends in the area?

The US population age 50+ has grown by 59% since 1999 and will continue to grow into the next decade. Baby Boomers reaching retirement age will more than double over the next 10 years. This group is the most affluent group on the planet and they are increasingly looking outside the US for living opportunities where the cost of living is low yet the quality of life is better than in the US.

They are also looking for accessibility and affordable health care. Infrastructure improvements almost always result in higher property values. Recent announcements from the Costa Rican government about locating the third international airport in Palmar Sur, just 20 minutes from our property, will cause upward pressure on prices. The near completion of the coastal highway to Quepos, a major tourist destination, will also affect property values positively.