Letter from the owners

The winds of change are upon us here in Costa Rica, both literally and figuratively as we move into the months of November and December. As the seasonal winds start to move over Costa Rica, the rainy season patterns starts to diminish and the transition to our dry season also means that we are on the eve of another holiday and peak tourism season here in paradise.

This will be the first year when Costa Rica can celebrate both Thanksgiving and Christmas with a fully recovered tourism market in place and the planning and celebrations are already in the works. From local towns planning concerts to just about every hotel, condo and home in the coastal areas already reserved, the vibrancy of this country, its people and the global thirst for a bit of Pura Vida is stronger than ever.

Our family here at 2 Costa Rica has been busy during these past months both servicing a high volume of real estate deals, but also educating ourselves to always sharpen our skills and services. We celebrated our first 2 Costa Rica Collective this past month and brought together all of our team which now includes more than 30 agents and offices in 8 locations around Costa Rica. The two day event included seminars with some of the top legal minds in the country, expert tax advisors, and panels covering a host of real estate topics with the goal of making sure that all of our team are the BEST in the business and can share insight and experience with our clients.

The real estate markets here in Costa Rica are coming off one of the most intense seasons of sales and absorption that we have ever seen, product of both the dynamic “brand” that the country offers, but also due to all of the global instability and people seeking safe havens for both personal and financial security. While no one is obtuse to the real estate slow down in the USA and economic trends that send real estate markets driven by leveraged purchases into much faster slowdowns, Costa Rica’s mostly cash market, incredibly low holding costs and amazing tourism resurgence allowing for sustainability in worst case scenarios and high profitability in many cases in so many properties creates a market with a great deal more stability. We are seeing and expect to continue to see a robust market of buyers who are drawn to all of the amazing natural and lifestyle elements of Costa Rica, along with buyers who find the social, political and economic stability of this country to be a dynamic driver for investment.

The skies are blue here both with the passing of the rains, and the environment of opportunities for those seeking paradise. We hope to see you down here soon so you can judge for yourself.

Todd Cutter | Scott Cutter