I am considering buying property in the Manuel Antonio area as an investment. I see the area as only increasing in tourist activity. Does anybody have any thoughts on this? Thanks in advance.

I'd have to agree that growth is inevitable, but this has been recognized for a long time, and prices have been inflated on just such speculation.

If you're planning on getting in for the long haul (>10 years) then you may see a significant return if you buy wisely now.

costaricaguide--thanks for the advice--what do you think of the tulemar property in MA?--it is one of the areas I am considering

Even if it didn't grow, and I too think it will, it's still and will always be one of the most visited areas in the country. If you find a good lot in a good location, I can't help but think it's a good investment.

If you're talking about Tulemar Gardens bungalows I'd say that their projected returns are a little rosy, but not way out of line and it'll most likely work out like just about any coop/condo resort area purchase.. The majority of your return will be in the form of having a place to stay when you visit, and you'll more or less break even on the rental/resale.

Something to remember on this sort of purchase is that you'll be in competition with the reosrt for both rental and eventually resale and they have a lot more variety and flexibility to offer with their 20 units than you do with your one. Once they've sold most of the units the playing field will level out.

Keefmick,
I just noticed on their "prospectus" that they actually represent about a third of the projected return as owner occupancy for 4-5 weeks. If you don't have 5 weeks to spend down there it changes the complexion somewhat.

Too far and not great as the previous incentives for gringo investments are mostly gone.
Been there, done that, and invested in SMdA, MX.
M