May Market Trends: Costa Rica’s Real Estate Forecast
What’s Driving the Costa Rica Real Estate Market in May?
As May unfolds along Costa Rica’s Pacific coast, savvy investors and lifestyle buyers alike are asking: Where is the market heading? At REMAX Oceanside Realty, we’re seeing momentum continue from Q1 with key trends shaping the rest of 2025. Whether you’re eyeing beachfront condos in Jaco or scouting investment properties in Herradura, understanding the current market climate is essential.
Market Overview: A Resilient and Growing Sector
Costa Rica’s real estate market remains strong, with sustained interest from North American and European buyers. Demand is especially high in Jaco Beach and neighboring areas like Hermosa, Punta Leona, and Herradura. International interest is fueled by several factors:
- Stable political climate and growing economy
- Currency strength vs. the Costa Rican colon
- Increased digital nomad and retirement migration
- Remote work flexibility and lifestyle prioritization
Jaco continues to lead the Central Pacific region with a steady stream of inquiries for oceanview condos and newly developed communities like Solea Jaco and Coastal Point.
Pricing Trends and Property Performance
In May, property prices in key areas such as Jaco and Hermosa have seen a moderate increase of 3-5% YoY, particularly for luxury beachfront units and income-generating vacation rentals. Pre-construction opportunities are trending due to better financing terms and high ROI potential.
- Beachfront condos average around $350K–$500K depending on location and amenities.
- Luxury villas in gated communities see listing prices above $700K.
- Rental yield in Jacó remains strong, often delivering 6–8% annually.
Buyers looking to capitalize on equity growth are leaning toward mid-market listings with strong rental potential—perfect for dual-use investment and personal enjoyment.
Hotspots and Buyer Behavior in May
Top Performing Neighborhoods:
- Jaco Centro – Best walkability and vacation rental demand
- Hermosa Beach – Surfer’s paradise with quieter, upscale communities
- Herradura – Popular with families and expats, especially near Los Sueños Marina
Buyer Trends:
- Over 60% of current buyers are looking for turnkey or newly built properties
- Increase in demand for eco-conscious developments and smart home features
- Bilingual transaction support and legal transparency remain top priorities
New Developments and What to Watch
Two standout projects are shaping the luxury condo landscape in May:
- Solea Jaco – Sleek, modern units perfect for digital nomads and rental investors
- Coastal Point Jaco – Resort-style amenities, ocean views, and prime walkability
These developments are attracting attention not only for their finishes but for their walk-to-everything locations and strong pre-sale incentives. As infrastructure projects continue and tourism rebounds, values in these areas are poised to climb.
Forecast for the Months Ahead
Looking ahead to June and beyond, we expect:
- A gradual increase in foreign buyer activity as summer travel peaks
- Rising inventory of luxury condos with continued interest in sustainable building
- Stronger competition among buyers, particularly for prime beachfront units
- Investor interest in commercial and mixed-use properties in Jacó and Herradura
For both lifestyle seekers and strategic investors, this is a prime moment to enter or expand in the Costa Rican coastal market before prices edge higher.
Let’s Help You Navigate the Market
At REMAX Costa Rica , we’re more than agents—we’re trusted local experts committed to helping you find your paradise. Whether you’re buying your first vacation rental or relocating full-time, our team is here with full-service support, from legal guidance to after-sale care.
Ready to explore Costa Rica’s real estate opportunities?
Contact REMAX Costa Rica today to schedule a consultation or explore available listings in Jacó, Herradura, and beyond.
