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Hojancha has been awarded several times in Costa Rica as one of the best places to live. Based on various plots of land owned by acquaintances, we have calculated a land price increase of 16% per year on average - practically linear with no major upward or downward breakouts. We assume this continues in the same way. The reasons for this are:
To understand this development, go back a little in the history of Costa Rica. The Nicoya Peninsula used to be called "The Wild West of Costa Rica". The part of the country was cut off from a traffic point of view, because only in the very north was there a road leading out of the main part of Costa Rica. In the south, there was only a ferry connection across the country's largest river, the Rio Tempisque. The construction of the "puente de amistad con Taiwan" (bridge of friendship with Taiwan) in 2003 was the first step towards development, including tourism, in the south of the Nicoya Peninsula. This development is still continuing. The entire road network on the Nicoya Peninsula has been renewed and massively improved; gravel roads have become mainly tarred roads. Costa Rica currently has about 4.5 million inhabitants. More than 50% of them live in the central valley in the capital San Jose or in the cities of Heredia, Alajuela, Santa Ana, San Carlos and various smaller towns. The Central Valley is therefore very densely populated and faces traffic gridlock. Many residents of this zone are therefore looking for properties in our zone for holidays, weekends or as a retirement home, "where the world is still in order". That is why our zone has a very good reputation nationwide. As in other countries, many people long for more peace and serenity. They can find that here. Now let's look at the development of land prices: here, sellers charge between 13 and 35 US/$ per m/2, depending on size and location. These values are set by independent land appraisers. At these prices, locals can also buy a plot of land. In the central valley of Costa Rica, land prices in good locations of US$ 200 - 800 per m/2 are demanded and paid today. That alone shows the development potential we have from today on. This makes an investment absolutely attractive. Due to the special effects described above (development in the Central Valley and in Nicoya), high increases are very likely in the next few years.
Near Tamarindo, the price of land has increased fivefold just because a road was built and asphalted there.
Here in the mountains of Hojanca we live ourselves, the expansion of asphalted roads is already underway, but the plots still have the old price, this will change in 6 months.
Current offer:
A plot of land that is definitely the absolute cream of the crop is located 5 km outside of Hojanca. It was developed 3 years ago and held back for personal reasons, although many interested parties wanted it preferentially.
Now it has been released for sale, it is a hilltop with a panoramic view of the mountains, in an absolutely quiet location, which immediately invites you to dream. Everyone who stands up there feels it! "This is the right place". This far-reaching view into the greenery, of the mountains with the sounds of nature, makes you forget everything else. There are 5000 sqm for a big house, and below at the foot there is room for 3-5 small holiday houses for rent. Or optionally usable for personal use like pool or garden. Everything else on request, we have photos also via drone shot, but best come in person and let it sink in.
Of course, you can do this all by yourself. But you can also use our service. We know many trustworthy craftsmen in the zone and have contacts to building markets and wholesalers. If you want to build with wood, we will get it for you from plantations of friendly owners at a preferential price. If you wish, we will supervise your house construction even when you are not there. We take care of the maintenance of your garden, if you wish.
Some German have made a name for themselves here according to our well-known standard and reliability, we stick together and support each other.
Earthworks are done on a large scale by friendly Germans, interior work and conversions we do ourselves as skilled craftsmen for our clients.
Due to the permanently increasing demand, the available areas are becoming less and less. A few years ago we were able to buy some land, but today it would be much more difficult. We also have a special effect: the city of Nicoya, capital of the Nicoya Peninsula and business centre, is about 20 minutes away from Hojancha. Nicoya is growing very fast, a new shopping mall has already been built and another very big one is planned. Nicoya is not a nice place to live, though. It is about 350 metres lower than Hojancha and is very hot and uncomfortable to live in during the summer. Therefore, we expect a considerable additional demand for residential plots here in Hojancha due to the additional in-migration from home and abroad, of people working in the new shops. Motto: work in Nicoya - live in Hojancha. It works like that in countless zones around the world.
But:
The municipality of Hojancha has decided and committed itself to sustainable development. Since a number of building plots have been approved in recent years, this has been stopped since the middle of this year. No more new building plots will be approved, this, according to the mayor, for several years. We have all these permits and therefore have some of the last plots with all the permits.
If you ask people who had problems abroad or failed with their projects, you will always get the same answers:
Problems with the language: you are dependent on others and they take advantage of that! You won't experience that with us because we speak your language. If you have official appointments with us, we will provide you with an official interpreter if you wish. You must and should understand what you are doing!
Other countries, other customs: that's exactly why you want to go to another country, right? As already mentioned, the laws and customs in Costa Rica are European and everything will be explained to you in such a way that you really understand it. We are and will stay by your side if you want us to. We are known as investors and are very welcome. We know the officials up to the mayor of the canton and get support when we need it. For you too, we promise!
Projects known to us are "ready" and open for viewing. The plans are registered, everything is in order. All plots are already owned by families we know and have been developed. We are not talking about dream castles or imaginations, but realities.
I have been here mostly since August 2020. Our canton is consistently one of the least affected zones in all of Costa Rica. We live here with practically no restrictions. Except: locals were banned from driving their cars for 2 days per week, rental cars were not. Hotels, restaurants, bars are all open again, as far as it makes economic sense. Costa Rica, like all destinations in the world, of course has a big negative effect on tourism, one of the country's main sources of income. The government therefore presented an economic recovery plan 2 months ago. One of the points is that they want to attract foreigners who want to live here part of the year or the whole year. They also want to attract people from other countries to work online.
Addendum: the current entry regulations are always changing, masks of the simple kind are worn here, but it is kept somewhat lax, certainly no one will find fault with the correct fit or harass others. At the moment, a negative test is sufficient for entry, but from 6 January, holidaymakers will be required to show a vaccination certificate. The final decision has not been made yet, we notice that it is still seen extremely relaxed at the moment and nobody ever talks about the topic or is asked about it or even ostracised.
The motto here is PURA VIDA and that is what we are all looking for....