Guanacaste Cities Attract More Commercial Construction Than Developed Beaches

There’s no doubt that Guanacaste’s beaches are highly attractive for real estate developers. But the province’s urban centers, which have no beaches or mountains, also are starting to attract investors.

If you’re looking for a place to invest, pay attention to this trend: The central districts of Nicoya, Liberia and Santa Cruz in the past three years have shown greater intention to build commercial projects than coastal districts in the same cantons, according to information from the Association of Engineers and Architects (CFIA) analyzed by The Voice of Guanacaste.

The data include new constructions, expansions and many types of businesses, such as supermarkets, clinics, banks and restaurants. They exclude hotels, which are in a separate CFIA data category.

The most surprising case is Nicoya, with 630 percent growth from 2010-2012 and 2013-2015. The rest of Guanacaste grew on average by 52 percent during the same periods, while the country average was 20 percent.

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Source: The Voice of Guanacaste