Real estate prices have skyrocketed in Costa Rica in the last decade. Despite this, there are still some deals to be had. If you are interested in purchasing land only, a piece of land can be purchased in the mountain areas of Costa Rica cheaply. It would range from $1,000 to $5,000 per acre. Do you prefer the ocean? Land goes for $10,000 to $30,000 per acre there. Buying 40-50 acres or more could drop the prices by half.
Looking for a Home, Not Land?
As far as homes go, there are still properties in Costa Rica that are being sold under their market value. Reasons for this vary. The main reason these properties are being sold for such a low price is because owners need to sell them fast. A majority of properties that you can find at a bargain price are generally located fairly far away from the major cities. It is much harder to find properties near the major cities at a reduced price. However, it is not impossible to find a rare property near the city that is being sold for a bargain. Doing your research. Look at listings and asking for help from a real estate agent will pay off. You may get lucky and find the property of your dream at an ideal location for a price below market value.