Ocean Views, Flip Flops & Cash Flow: Why Papagayo Ocean View Homes Keep Winning

If you have ever been to the Papagayo Region of Costa Rica, you understand that the ocean views along this stunning coastline are among the absolute best in the world. If you have been fortunate enough to stay in or own a home that enjoys one of these spectacular ocean views, then you already know what all the fuss is about. Just 20 to 30 minutes from touchdown at Guanacaste International Airport (LIR), you will find yourself in the exclusive beach communities of Playa Hermosa, Playas del Coco, Playa Panama, and Ocotal. Together, these beaches form the crown jewel of the Papagayo Region and offer those fortunate enough the opportunity to enjoy breathtaking ocean views from a select number of homes perched above the coastline.

Tank Tops Flip Flops Newsletter edition no. 250

Without a doubt, an ocean view home is the most desirable type of rental property in the Papagayo area. Ocean view homes are the most valuable assets along the coastline and are expected to continue appreciating in value while simultaneously generating excellent rental income. Few real estate investments in the region can match the long-term appreciation potential of a quality ocean view property. We are rapidly running out of unbuilt ocean view lots within the four-beach Papagayo area, and inventory of existing ocean view homes remains limited. As available properties become increasingly scarce, values are expected to continue rising while demand from vacation renters and luxury monthly tenants continues to grow. Further contributing to the rental supply shortage is the increasing trend of ocean view homeowners choosing not to rent their properties when not in residence, or electing to rent only a limited number of weeks each year at substantially higher rates, often packaging premium amenities and curated experiences with the rental.

Get in While You Can. 

The Papagayo Region of Guanacaste is reaching lift off velocity and you are about to be left behind.  Let’s be fair – We have been preaching to everyone who has shown a twinkle of an interest in buying property here that you need to get something before prices get out of reach and the selection becomes less attractive.  Let’s also be very clear.  There is still time for you to act – but we can’t keep the dogs at bay much longer for you.  You need to stop procrastinating and get your little slice of heaven now.  So far we have been lucky that Costa Rica has not allowed breakneck development and have held their ground by never allowing high rise beachfront developments, like Cancun, in our area.  This has actually made the rest of the non beach front property even more valuable. 

 So here we are with the perfect scenario for you to grab something before the big boys move in and drive prices up.  but don’t get comfortable because technically the big boys are already here and have started quietly and now with a slow crescendo are moving in and taking over.  

Tank Tops Flip Flops Newsletter edition no. 237