The Costa Rica Real Estate Market 2025–2026: Real Crisis or Market Shift?
The Costa Rica Real Estate Market 2025–2026: Real Crisis or Market Shift? Over the past several months it has become common to hear phrases like "the market is dead", "there are no more investors" or "nothing sells in Costa Rica anymore". Especially in the southern part of the country — Dominical, Uvita, Ojochal, Pérez Zeledón and surrounding areas — many agents, developers and property owners repeat that narrative as absolute truth. But when you stop to analyze real data, the story is far more complex. No, the Costa Rican real estate market is not paralyzed. What is happening is a deep transformation of the market. And that difference matters a lot. What happened after the boom After the pandemic, Costa Rica experienced an explosion of international interest driven by remote work, retirement migration and foreign investment. Properties were selling quickly, even at high prices and with basic sales strategies. That period created a dangerous assumpti...