Previously known as an inaccessible coastal province, Costa Rica’s South Pacific zone was known only to plucky adventure tourists wanting to experience the country’s pristine beaches and verdant green rainforest. With multi-million dollar infrastructure changing the face of the South Pacific, areas such as the coastal town of Uvita are now experiencing an incredible growth in tourism and real estate development.
Uvita is located in the province of Puntarenas and is now quickly accessible through the new Costanera highway which has dramatically reduced driving time to less than 3 hours. Known as a unique eco-paradise with properties still offered at low prices, many investors have wisely purchased Uvita real estate.
Escaping the mass development that has affected other coastal towns along the Pacific coast, Uvita has retained its authentic Costa Rican environment of stunning beaches, scenery and endless flora and fauna. The Costa Rican culture, climate and landscapes are a perfect setting for families. Uvita offers endless outdoor activities which have helped attract thousands of vacationing families keen to enjoy an active holiday. With an increase in tourism it has consequently created a much need demand for hotels and vacation rentals.
Many homeowners have capitalized on this need are now investing in Uvita real estate for rent. Following the new vacationing trend of families opting to stay in vacation rentals due to their cost-effective pricing and wealth of private amenities, Uvita real estate for rent can effectively produce high rental yields.
Investors have also recognized the profits to be gained from investing in Uvita real estate for rent in this area not only because of their leasing potential as vacation rentals but for their future value. With a planned international airport for the nearby town of Puerto Jimenez along with other multimillion dollar property developments, Uvita real estate is assured for high future appreciation.
Although Uvita real estate has begun to take off with many investors purchasing properties as vacation homes or permanent residences, it is an area that is committed to keeping an organized development plan that will ultimately protect the local environment.