This Is The Largest Single Contributing Factor That Will Facilitate The Rapid Increase Of Development In The Southern Zone

Category: Finance, Real Estate.

We all hope to find that niche in a real estate market. The best way to ensure that you pick the right spot for that investment, is to look at what activities are taking place that present themselves as conducive to rapid growth.

To be" in the right place, at the right time" is the goal of every investor hoping to see substantial returns on their investments. The following article will emphasize why this author believes without a doubt that Costa Rica s southern zone presents investors with the best opportunity to realize tremendous gains by choosing this hot spot. This is the largest single contributing factor that will facilitate the rapid increase of development in the Southern Zone. Paving of the last piece of the Coastal Highway north of Dominical. For many years now a solitary 30 mile stretch of the coastal highway between the popular tourist destination of Quepos and the hip surfing village of Dominical has remained a bone- jarring rock and gravel road. There are also plans to convert the coastal road into the Pan- American Highway once the Quepos to Dominical project is completed.

The highway both north and south of this unpaved stretch is in great condition, and with the new implementation of the national highway infrastructure program, this remaining stretch of road will begin being paved in the spring of 200This will substantially cut down the drive time from San Jose to the southern zone, which in turn will spur the developmental potential of the region. The southern zone has enjoyed a type of immunity from large development projects due to its somewhat difficult accessibility, but after the paving is complete the door will be thrown wide open for future investments. The second contributing factor to the growth potential of the southern zone lies with the construction of a new international airport near Palmar Norte. Construction of a new international airport near Palmar Norte. President Oscar Arias was recently in Palmar Norte( July 2007) to finalize the plans and sign the required documentation to implement the construction plans for the new facility. The addition of an international airport to the southern zone of Costa Rica is a true indicator of the growth potential of the region. There are currently only two international airports in the entire country, one located in Liberia in the northern zone, and the other in the capital of San Jose.

Many international travelers will find it much more appealing to be able to fly into the beautiful southern zone as opposed to having to rent vehicles and make the difficult drive from the capital. The airport is set to break ground in May of 2008 with a completion date scheduled for sometime in 201Prices are assured to see dramatic increases once the airport is completed. Investors will also see the better accessibility as an attractive feature when considering purchasing land in the region. New hospital facility being completed near Cortes. The facility is now 95% complete, and should be totally finished by the end of the year. The final factor that is a great indicator as to the investment potential in the southern zone involves the completion of a new medical facility near the town of Cortes. This addition could prove quite attractive to retirees looking to settle in Costa Rica, but also wanting quality health care nearby.

These three factors are prime indicators of the eminent growth that the region will soon be encountering. Costa Rica is internationally recognized for having an adequate health care system, and often referred to as the best place in Latin America for health care. The prices of property in the area have already seen gradual increases as these projects were being considered, and are sure to see even larger increases as they are completed. All the current economic, and developmental trends, political point to the southern zone being the next hotspot in this country full of boundless potential for investors. The future of the southern zone of Costa Rica looks bright and full of great investment opportunities for that savvy buyer.