By: Garland M. Baker B.
Exclusive to A.M. Costa Rica
Editor's Note: While this article was accurate at the time of publication, some information may now be outdated. We are currently preparing a comprehensive update. Sign up for our Alerts to be notified as soon as the revised content is live! Get ready for Costa Rica's condominium explosion. It is happening right now all over the country.
Beehive condos are popping up everywhere. The San José area, Escazú and Santa Ana are perfect examples. New condos are growing out of the ground fast.
First, the hot trend was malls. The last five years brought three new malls and complete renovations to two older ones. There is even one more in the development stage. The “biggest and baddest” mall is yet to come south of The Forum in Santa Ana. The ground is prepared and ready to go. However, construction recently was suspended.
The new trend is condos, and expensive ones at that, especially the ones that overlook the ocean.
What is it about water that will entice a buyer to pay exorbitant amounts of money to look at it from a picture window?