We are in high season here in the southern pacific zone. The months of November through April are typically when there are more tourists here than during the rainy months.

There is another type of “high season” happening right now as well. This has more to do with world conditions. I know, those from the States are going to think that Mr. Trump is pushing many to look elsewhere. And I suspect that this is true to some extent. I think that Mr. Trump has been good for my Costa Rica real estate business. I think Mrs. Clinton would have been as well. Such is the world that we live in.

However, our property buyers here are not just from the States. We’ve got buyers from Canada, despite their currently weak currency. These people are buying property and essentially paying 30% – 40% more due to the exchange rate on their currency. One has got to wonder – why?

France, Germany, Great Britain – all are providing us here with buyers. Again: why? There are economic, political and security issues happening in various areas of the world. I suppose that greater analytical minds would come up with the cause and effect links in trying to answer the question. But I find that there is one common thread when I talk with these people.

The Reason:
Stress
is pushing, and the promise of less stress, is pulling people to consider a life in Costa Rica. Simpler living is highly attractive. Costa Rica offers this and it (simple living) seems to be the antidote to whatever may be happening in one’s home country.

Uvita, Dominical, Ojochal and the surrounding areas that make up Costa Rica’s southern pacific zone are all seeing an influx of buyers. But there is more. There are some big-money players who are making some moves here that are notable. There are condominium complexes being constructed, and sold at a good clip. There are town homes, urbanization projects and upgrades to some of the antiquated infrastructure in some of these areas.

There is some talk of giving Uvita a facelift. This is much needed. With both Dominical and Ojochal, you turn off the coastal highway and drive into the town. In Uvita, the highway passes right through the town. Up till now its growth has happened with hardly any attention to the aesthetic and it is essentially a strip-mall, Costa Rican style.

This is a pity since Uvita could really have been (or be made to be) one of the most beautiful towns on the planet. So if these well funded entities see the beautifying of the town as in their best interests, great! Although it’s hard to imagine what can be done, short of tearing the whole thing down and starting over again.

The Envision Festival is going on currently. This has become one of the largest events of the year. Kudos to the organizers. I’ve heard that 7,000 people attended last year, but that about half that number are here now.

Uvita Costa Rica's Crunchy Envision Festival

2017 Envision Festival Uvita Costa Rica

Some of the Ticos complain a bit about Envision, claiming that the drugs, nudity and general licentiousness is disrespectful to their culture. I suspect that there is some truth to these allegations, but for me, I’ve never met an Envisioner I didn’t like and the festival provides a time of some fascinating people watching.

I’ve not  personally ever attended. I can hear the music from my home well, the bass notes anyway, and I routinely provide rides to those thumbing to the grocery store and back. There is also the complaint of them being a bit odoriferous, but I can’t speak to this having lost my olfactory sense some years back. So I get along fine with them in my car and always enjoy their upbeat spirit.

So between the time of year and world conditions, sales are good here in the Zone’s real estate market.

About Property Prices:
During the recession, there was not much of a market here. It hit hard and us realtors languished waiting for the anomalous inquiry that might result in a sale. I actually got into brokering hard money loans during this time in an effort to not only make a little commission, but to also help some land owners to not lose their properties.

Prices plummeted during the recession. This was an interesting time. The pre-recession time was a “boom”. The biggest challenge for a buyer then was being able to find an available real estate agent. I felt like I should put a Baskin Robbins “take a number” device at the door. Some of these buyers were our good-old bread and butter retirees, looking to retire to Costa Rica. However, there were lots of folks who refinanced their homes and then found themselves cash-rich and wondering what to do with it. The causes of the recession helped to fuel some of that heady boom and resulted in pushing prices up to a rather silly level.

So the fall of pricing some 40% – 50% during the recession could appropriately be called a correction.

Much of our land here is still at recession pricing. There hasn’t been a big upward push on prices since then. The demand for houses is strong and so we’re starting to see some upward movement there – all very rational though. This is no heady boom. Its simply that the inventory which was glutted post-recession, is finally starting to get mopped up. This was inconceivable in the years following the recession due to the glut.

I still get asked sometimes why it seems that everything is for sale. I find this interesting since I have to really work to find properties for some of the criteria lists I build for my clients.

Yes, I suppose everything is, in fact, for sale, at some price. However, finding what you want, finding that screaming ocean view with good access and amenities nearby, and all this in your budget, can sometimes be a bit daunting.

And then there is that wonderful amenity “simplicity”. I wonder if this could be put at the top of the list. Right up there with “ocean view”. I’m thinking that this one amenity is the primary mover of the current strong market we’re seeing here in The Zone.


The Magic of Costa Rica – Rainy Season versus Dry


Before moving to Costa Rica in 1999, my family and I had lived in Colorado for the previous 20 years. We lived in the gorgeous Aspen valley. There was one busy season there at that time: winter. Aspen was known as a ski town and that was why people went there.

Us locals didn’t really understand why summers there were the “low” season. Summer there is magic. Well, during the years that we lived there, we saw a transformation from a 1 season tourism town to a 2 season. I’d be interested to see the data on which one is bigger tourism-wise. I wouldn’t be surprised to hear that summer out-does winter, but that’s just me.

Costa Rica rainy season experience.

Antonio taking advantage of a downspout & wheel barrow to shower off after a mango-skin fight.

Here in The Zone, I feel like I’m seeing a repeat. For many of the locals that live here, the rainy season is the preferred time of year. It is cooler, and absolutely magic as well. Its still warm when it rains.

The beginning of the rainy season coincides nicely with the mangos becoming ripe on the trees. Now, I don’t know if you’ve ever eaten a mango, but they are MESSY. You get the juice running down your chin onto your shirt & shorts. It is for this reason I don’t eat a lot of mangos as a practice, despite the fact that I LOVE their taste.

So here’s what we do; when heavy afternoon rain set in, we suit up in swim attire, go climb a mango tree and get a bunch of mangos to eat. Then we sit in the downpour eating mangos. Invariably we end up having a mango-skin fight and getting covered with mango juice which then promptly gets washed off by the rain.

Or, one might find the deserted beaches to be the thing that they like to do during a tropical rain storm. They are “deserted” due to the fact that it is raining. Again, not sure why this is. The beaches in the warm tropical rains are a pensive and wonderful experience. To have a couple miles of breathtakingly beautiful beach all to oneself or with a loved one is, well… magic.

Swimming in a Costa Rica quebrada.

A refreshing dip in a very private, tucked in the jungle pool. Many are fed by waterfalls.

Again, its not cold out when it rains and the ocean here is just about warm. In fact it wouldn’t bother me a bit if it was a bit cooler. On a hot summer’s day, you jump in the water and now you’re wet. Its not what I would call “refreshing”. If one wants a refreshingly cool dip, they have to go inland to one of the many rivers and find a pool with a waterfall. Now this is invigorating. Nothing like the breath-stealing cold of the melting snow rivers of Colorado however. The rivers here in Costa Rica are set at the perfect temperature.

Costa Rica rainy season sunset

Sunset over the Pacific during a rain storm.

Anyway, as the change from rainy season to dry season is becoming evident, I’ve now heard a  number of locals say (yours truly included) that they are sorry to see the rains go. Weird eh? Many that live here almost prefer the rainy season over the dry season, despite the fact that it is the low season for tourism. Shades of Aspen Colorado in 1979.

In Aspen, the summers were/are just absolutely gorgeous. The rivers to die for (albeit really cold). The backpacking, bike riding, fishing and any number of other outdoor activities were magi…, er… wonderful. It is no surprise that the tourism crowd figured this out. Will the same thing happen in Costa Rica? Me thinks “yeah”.

In fact, I think that its already happening. I’ve heard a number of the local merchants, i.e.. restaurateurs, hoteliers, vacation rental-ers and tour operators say that business was good this past “off” season. Granted, for travelers from the U.S. & Canada there is a bit more involved with travel to Costa Rica than to say, Colorado. So there are some aspects of the comparison that differ. But I suspect that we are seeing a gradual up-tic in the numbers of people here in rainy season.

There is also an increase in the numbers moving to The Zone. Our real estate business is brisk. One of the guys in our office says that he likes the start of rainy season because it is always busy for him. My experience has been similar.  Real estate seems to have its own time frame. Some that are considering a move to Costa Rica come down during this time to see if they like the rains. Another benefit is that since it is a bit slower, you can get the undivided attention of your real estate guy (or gal).

During the busy season, we will sometimes plan a morning of showings with one buyer and then have to finish up by early afternoon to free up for afternoon showings with a different buyer, limiting the total focus that is available to any one buyer during the rainy season.

So, if you are among those considering a move, or even a visit to Costa Rica, you might want to consider coming during the months of May through November. September & October have typically been the wettest months of the year here but this may be shifting a bit. November was one of the heavier rain months this year.

Of course, one of the favorite activities during the rainy season is the afternoon hammock siesta with the sound of the rains pattering on the rainforest. You might start off with a little book reading, but it will likely go into slumber.

To some extent, I am just putting to writing here a conversation that seems to repeat itself in my real estate business on a regular basis. People want to know what its like in the rainy season. So, I thought I’d share.