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Costa Rica Tourism: Fuel for Real Estate Investment

By
Real Estate Agent with Compass Properties - THE Costa Rica Real Estate Expert

Costa Rica's Tourism Board (ICT) has just released its year end tourism statistics.  Here are some of the highlights:

1. Crime against tourists dropped 26%

2. Tourism rose by 11.5%

3. Total of 1.9 million people (tourists) visited Costa Rica

4. $1.9 Billion in Tourism Revenue, up 300 million from last year.

5. 100 New ICT Police Officers added

6. Jaco has granted $800,000 more dollars for next year to hire more police.

These are some exciting numbers, and just confirmation of what we have been saying - that tourism is continuing to grow in Costa Rica.

Even more exciting is that crime against tourists has gone down.  Typically, tourists fall victim to petty theft, mostly because they aren't using common sense and they fall prey to small time thieves who target tourists.  But with the addition of the new ICT police officers who work in conjunction with local police forces to keep tourists safe, these crimes have gone down.  Quick justification for these new police officers.

And it appears that in response to this resounding success, the town of Jaco has set aside funds to beef up their ICT police officers, continuing their dedication to improve this great tourist town.

Costa Rica's strong tourism industry has been a major factor for its strong real estate market, and this past year has been no different, other than to improve in the area of safety.  Costa Rica in general is a safe country to visit, but they have had issues with petty theft.  With this significant improvement in lowering the crime rate towards tourists, the reasons for NOT considering Costa Rica are evaporating.

Copyright 2007 The Costa Rica Real Estate Expert.  All Rights Reserved.

Sean Allen
International Financing Solutions - Fort Myers, FL
International Financing Solutions

Hey Tiffany,

Merry Christmas. That was a great article on the stats for Cost Rica. Thanks for sharing.

Sean Allen
The Mortgage Professionals

Dec 23, 2007 08:14 AM
Elaine Stewart
Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 - Palm Desert, CA
RE/MAX All-Pro
Thanks for sharing these exciting stats, I have some good friends who just built down there. I have to go visit soon!
Dec 23, 2007 08:48 AM
Alix Pinzon
Open Mortgage, LLC NMLS # 2975 - Downey, CA
(562)743-6086
I wonder why would they be hiring new police officers if crime is declining?  That's interesting.  I'll be staying in the good ole USA this year, and next. 
Dec 23, 2007 08:56 AM
Brian Wentz
Keller Williams Greater Des Moines - Des Moines, IA
Realtor - Des Moines Iowa Real Estate

To Gregg above, a strong police force brings order to the community = less crime! Thanks for the stats. We have a friend that goes to Costa Rica every year, and just loves it. We need to get down there! We are big boating people, and would love to wind up in a water/boating destination at some point. :) Ahhhh, can't wait for summer!

Have a great Christmas!

Dec 23, 2007 09:27 AM