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Engel & Völkers announces expansion into Costa Rica

Engel & Völkers is announcing its expansion into Costa Rica. 

The newly established Engel & Völkers Costa Rica will be located on the country’s west coast, in Playa Hermosa, with a second location approximately an hour’s drive south in the surf town of Tamarindo.

The new shops will service buyers and sellers along Costa Rica’s Pacific Coast, from Santa Cruz to Santa Teresa.

“A famed haven for international ex-pats, Costa Rica is increasingly popular among retirees, students, digital nomads and families looking for safe, stable living and investment opportunities in a tropical locale,” says Anthony Hitt, president and CEO, Engel & Völkers Americas. 

“In recent years, it has been the second most popular market for Canadian buyers seeking relief from high domestic real estate prices while also gaining popularity among buyers from America, France, Germany, the United Kingdom, Australia, Israel and beyond.”

According to the company, housing inventory lies largely in gated developments and communities offering a blend of single-family homes, duplexes and condos. 

Architectural styles vary, but most share a common pursuit to incorporate nature’s surrounding colours and textures, with a strong commitment to locally sourced materials and craftsmanship. 

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