Skip to main content

Daveed Hollander Luxury Trend Report

Page 1


W E L C O M E T O C O S T A R I C A L U X U R Y R E A L E S T A T E

D E C A D E S O F F O R E I G N O W N E R S H I P

International buyers have been purchasing and holding Costa Rican real estate for 30+ years, creating depth, resale liquidity, and price benchmarks.

S T R O N G R U L E O F L A W

Clear title, a centralized public registry, and enforceable property rights provide confidence for foreign investors.

G L O B A L L I F E S T Y L E D E M A N D Beach, mountain, wellness, and eco-luxury markets attract consistent buyers from North America and Europe—not trend-driven speculation.

I N F R A S T R U C T U R

Modern highways, internatio internet, and private educati home living.

E N V I R O N M E N TA

& S C A R C I T Y

Strict zoning and conservatio protecting long-term asset v P R O V E N R E N TA L

High-end properties benefit stays, and strong luxury rent

Pricing remains resilient in luxury segments (up 4% in 2025)

Inventory up → more strategic buying opportunities (up 11% in 2025)

Longer days on market = leverage for informed buyers (400 DOM average)

Lifestyle-driven markets outperform national averages

I S C O N C E N T R A T E D

• Guanacaste & Nicoya Peninsula

• Central & South Pacific (Dominical, Uvita, Osa)

• Select Central Valley enclaves

• Branded & resort-adjacent developments W H E R E L U X U R Y D E M A N D

H O I S T H E C O L U X U R Y B U Y E R

• North American & European UHNW

• Lifestyle-first, investment-smart min

• Second homes, family compounds,

• Increasing interest in income-produ

I N V E S T M E N T A D V A N T A G E S

F O R L U X U R Y B U Y E R S

MARKET COMPARABLE

LUXURY PROPERTY

Costa Rica

Caribbean (top islands)

Mexico (prime resort zones)

Florida (coastal)

$1.5M – $4M $3M – $8M+ $2M – $6M $4M – $10M+

• No overdevelopment: Strict environmental and coastal regulations limit supply

• Lifestyle-first demand: Buyers prioritize quality, privacy, and views over density

• Lower land &construction cost base than many island markets

• No hurricane premium embedded in pricing or insurance

• Earlier stage of luxury maturity compared to long-saturated U.S. resort markets

REASON #2

40–60%

lower than comparable luxury properties in the U.S., Caribbean, or Europe.

MARKET

ANNUAL CARRY % (LUXURY ESTATE)

Short-Term Rental Platform Data (Airbnb & Vrbo)

60-75%

Luxury villas routinely achieve annual occupancy

Nightly rates of for ocean-view estates are common $800–$3,500+

Across key luxury markets (Guanacaste, Nicoya, Central & South Pacific): These trends are especially visible on platforms such as Airbnb and VRBO, where Costa Rica is consistently ranked among top Latin American destinations for high-value stays.

Top-tier homes outperform mid-market inventory on both occupancy and ADR

REASON #4

Costa Rica’s strict environmental protections limit new coastal luxury inventory:

No mass beachfront high-rise development Height, density, and setback restrictions preserve scarcity High-quality homes retain pricing power

Demand grows faster than supply—especially in prime locations.

C O S T A R I C A A S

A L O N G - T E R M

L U X U R Y P L A Y

• Lifestyle + investment alignment

• Scarcity-driven luxury market

• Secure Ownership and Legal Framework

• Lower Holding Costs vs Comparable Markets

• Lower Acquisition Costs vs Comparable Markets

C O S T A R I C A I S N ’ T J U S T W H E R E Y O U R

C L I E N T S W A N T T O V A C A T I O N — I T ’ S

W H E R E T H E Y W A N T T O I N V E S T , B E L O N G , A N D S T A Y .

Turn static files into dynamic content formats.

Create a flipbook
Daveed Hollander Luxury Trend Report by Coldwell Banker Costa Rica - Issuu