Costa Rica Investments

Costa Rica Investments is a leading investment consultancy firm dedicated to facilitating strategic investments and business ventures in the Costa Rican market. With a focus on sustainable development and fostering economic growth, we offer services tailored to meet the diverse needs of our clients. Our team of seasoned professionals provides expert guidance, market insights, and personalized solutions to navigate the complexities of investing in Costa Rica. Whether you're seeking opportunities in real estate, tourism, or relocation, Costa Rica Investments is your trusted partner for success in the vibrant landscape of Costa Rica.

Real Estate Consultant

Bizpirations

This isn't another series about million dollar ideas.Bizpirations features stories of every day people. People like you, people like me, but the difference is they decided to take a chance. They chose to pursue their passion, that lingering business idea in the back of their head.

These are their stories, and I am here to share them with you.

Season 1 kicks off in Costa Rica January 2024. 

bizpirations.com

Founder and Host

Sancochero Labs

Partner

Vintory

Our team is the only sales and marketing platform on the planet focused exclusively on helping vacation rental managers grow their inventory. We have a turnkey system that generates consistent leads and gives them the tools to increase revenue.

In addition to our turnkey system that automatically generates predictable leads, Vintory has tools to increase conversions. We are the only sales agency dedicated exclusively to helping vacation rental managers grow their inventory.

Inventory Growth Advisor

Namu Travel Group

Our team of local experts design custom vacations to Costa Rica. Living and working full-time here in Costa Rica means that we understand the country, including its quirks, intimately. We utilize our years of collective knowledge, along with our proven process for identifying each guest’s “travel personality”, to design a custom vacation that will exceed your expectations.

But it doesn’t stop there. When you arrive in-country, our support team is on-call 24/7 to ensure your trip goes off flawlessly. If you have a question, need a restaurant reservation, or if some hitch arises, we’re here for you.

Fishing Expert & Travel Consultant

Costa Rican Vacations

Fishing Expert and Travel Consultant

Oceans Unlimited

Padi Master Scuba Diver Trainer

Passport Auto Group

- Provided world class service to customers to establish and maintain relationships.
- Strategically negotiated deals and transformed e-commerce prospects into in-store sales
- Adept at quickly assessing buyer's requirements and guiding through purchase with efficiency

Client Advisor

Sail Caribbean

- Provided operational support for teen sailing and diving program with an international team. 
- Actively solved problems, collaborated, and communicated with team members

Operations

Lenders Direct

Build relationships with automotive dealerships and dealership staff
Provide product knowledge and sell services to finance clients
Coordinate vehicle repossessions
Collect accounts receivable
Quote auto financing
Analyze potential customer credit

Southeast Marketing Manager

I am a dynamic and versatile professional who thrives on new challenges and opportunities. I have a passion for creating value and impact through my work, whether it is helping a client buy land and build a house, or sharing the inspiring stories of everyday entrepreneurs at Bizpirations, where I am the founder and host of a podcast series.

Currently, I am a Real Estate Consultant at Costa Rica Investments, a leading investment consultancy firm that facilitates strategic investments and business ventures in the Costa Rican market. I leverage my skills in B2B, cold calling, lead generation, SaaS, and new business development to provide expert guidance, market insights, and personalized solutions to our clients, who seek opportunities in real estate, tourism, or relocation. I am committed to fostering sustainable development and economic growth in the vibrant landscape of Costa Rica, where I have also established my own business and personal networks.

Costa Rica AirBnb update for March:

AIRBnB listings CR whole: *ONLY AirBnBs that are entire homes/apts
March 2024 = 28,821

Monthly increase AirBnBs = 770 (23% of all new listings come from cities below)
Annual increase AirBnBs = 6,492

Most monthly listings March: *ONLY AirBnBs that are entire homes/apts
Jaco = 1,974 (+ 25 this month)
Cahuita = 1,769 (+ 60 this month)
San José = 1,545 (+ 19 this month)
Cobano = 1,496 (+ 27 this month)
Tamarindo = 1,405 (+ 44 this month)

 Is the Caribbean on the rise?

Jake Alexander

Host @ Bizpirations | Consultant @ Costa Rica Investments

the best part about this secret spot? 

No cell phone service

Real estate tour highlights day 2…the best part of the job? Getting to know our clients, and guiding them to the roght decisions for them.

How important is building relationships with clients in the real estate industry?

What are the key aspects of a real estate tour?

What impact do informed decisions have on client satisfaction in real estate?

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Where are tourists going in Costa Rica?

From the data from the ICT in 2023, here is the breakdown:

Guanacaste: 976,323 overnight stays
Central Pacific: 696,615 overnight stays
Caribbean: 525,423 overnight stays
Northern Plains (including Arenal): 867,999 overnight stays
Southern Pacific (including Osa): 328,523 overnight stays

Where have you been?


What are the top trending tourist destinations?

Real estate tour highlights, back at it again tomorrow!

Can’t beat Saturday mornings at the beach in Manuel Antonio. Why do over 8% of all tourists visiting Costa Rica come here?


To see this puppy named Nela of course

Good morning from the Quepos airport. What is on the agenda today?

Picking up clients at the airport here and we are going to see 10 different properties, with 8 different agents.

Happy Friday!

Sunday beach day in Manuel Antonio with this crazy lady Nela

What are the top attractions in Manuel Antonio?

5 takeaway from tourism expenditure (GMP) trends 2014-2023 from the Instituto Costarricense De Turismo (ICT)

Growth Over Time: The average expenditure per person increased from $1,002.2 in 2014 to $1,746.7 in 2023.

Air Travel Impact: Spending via air travel rose significantly, reaching $1,892.8 per person in 2023.

Airport-Specific Data: Juan Santamaría Airport saw a higher spending per tourist compared to Daniel Oduber Quirós Airport.

Pandemic Impact: There was a notable jump in spending after the initial COVID-19 years, suggesting a rebound in luxury or high-cost tourism.

Land vs. Air Disparity: Spending via land travel remained much lower than air, emphasizing the economic impact of air tourists.

Want a copy of the report? Shoot me a dm (it will be in spanish)

Annual Publication: Results were updated and published yearly, providing stakeholders with recent data.

Targeted Sampling: Sampling was disproportionate yet random, targeting major tourist markets for precise data.


What is the Instituto Costarricense De Turismo (ICT)?

What is the economic impact of air tourists?

Costa Rica international arrival trends according to the ICT comparing January and February of 2023 to 2024 by region: 
 
Total Arrivals:  
 
Increased by 9.82% in January  and 14.21% in February year over year. 
 
North America: Saw significant increases of 14.49% in January and 18.40% in February. 
 
Central America: A slight decrease of -1.42% in January and -0.48% in February. 
 
South America: Decreased by 11.90% in January but slightly increased by 1.25% in February. 
 
Caribbean: A decrease of 4.40% in January but a substantial increase of 24.41% in February. 
 
Europe: Modest growth with 2.52% in January and 7.27% in February. 
 
Asia Pacific: Large increases of 36.63% in January and 43.50% in February, indicating a growing interest from this region. 
 
Africa: Decreased by 12.14% in January but increased by 9.14% in February. 
 
Middle East: Increased by 22.22% in January and 21.05% in February, showing consistent growth.

How does tourism impact international arrivals?

What are the latest developments in Asia Pacific?

What are the recent trends in North America?

Main Reasons for Visiting Costa Rica (2018-2023) according to data from the ICT 
 
Dominance of Vacation and Leisure: Over 70% of tourists cited vacations as their main purpose. 
 
Impact of Personal Visits: Visits to family and friends also formed a significant reason, showcasing the personal ties in tourism. 
 
Educational and Health Tourism: Both sectors contributed modestly to tourism motives but indicated niche markets. 
 
Business Tourism: Consistently accounted for around 8-9% of the tourist reasons, highlighting its stable role. 
 
Cultural Engagement: An increasing interest in cultural activities, although smaller in proportion, showed the diversity of tourist interests. 
 
What would bring you here?

What is the significance of cultural engagement in Costa Rica's tourism industry?

What are the key trends in Costa Rica's tourism industry?

What are some niche markets in Costa Rica's tourism industry?

5 trends I noticed when analyzing data from the ICT, that leverages Costa Rica's appeal for real estate inbestment 
 
1 - Increasing International Arrivals: Tourism is booming with rising international arrivals, especially from North America and Europe, indicating a thriving market for vacation homes and rentals. Highlight the growing demand and potential for high rental yields in popular tourist spots. 
 
2 - High Expenditure by Tourists: Tourists are spending more each year in Costa Rica, with a significant amount spent by air travelers. Promote investment opportunities in luxury accommodations or services that cater to this high-spending demographic. 
 
3 - Diverse Tourist Activities: A wide range of activities from ecotourism to adventure sports are popular among tourists. Properties that offer easy access to such activities can be very attractive to investors looking to capitalize on the diverse tourist interests. 
 
4 - Steady Increase in Hospitality Offerings: The growth in the number of hospitality establishments, especially those with sustainable tourism certifications, showcases a robust infrastructure. This could appeal to investors interested in sustainable and eco-friendly real estate projects. 
 
5 - Robust Forex Contributions from Tourism: The consistent increase in foreign exchange earnings from tourism underscores the sector's strength and its crucial role in the national economy. This could reassure investors of the stability and profitability of investing in Costa Rican real estate.

What impact does tourism have on Costa Rica's economy?

How significant is real estate investment in Costa Rica?

What recent news is there about hospitality establishments in Costa Rica?

Have you ever thought about building a house? Maybe your dream house?...in Costa Rica?


Join us for an exclusive webinar on Construction & Building in Costa Rica! Due to overwhelming demand, we're excited to delve into the intricacies of construction processes, effective value engineering strategies, common pitfalls to avoid, and key tips for ensuring a successful build in Costa Rica. Don't miss this opportunity to gain valuable insights and have your questions answered during our Q&A session. Register now to secure your spot!

Space is limited

May 29th at 3pm MST. Sign up below:

https://lnkd.in/g_a7RNbK

What impact does construction and building have on the economy?

What are effective value engineering strategies?

10 takeaways from analyzing data and reports from the ICT regarding tourism in Costa Rica from 2015 to 2023 
 
1. Resilience of Tourism: 
Despite major global disruptions like the COVID-19 pandemic, the tourism sector in Costa Rica has shown signs of resilience and recovery, particularly in 2021 and 2022. 
 
2. Significant Forex Contributor: 
Tourism is a major contributor to foreign exchange earnings, crucial for Costa Rica’s economic stability, with figures reaching into the billions of USD annually. 
 
3. Major GDP Contributor: 
Tourism directly contributes around 4.5% to 5.0% of Costa Rica's GDP, highlighting its importance to the national economy. 
 
4. Impact of COVID-19: 
The pandemic led to a dramatic drop in both tourism arrivals and its economic contributions in 2020, with GDP contributions from tourism plummeting. 
 
5. Airport Traffic as an Indicator: 
The number of arrivals at major airports (Juan Santamaría and Daniel Oduber Quirós) serves as a reliable indicator of tourism trends, showing growth over the years with intermittent declines due to external factors like the pandemic. 
 
6. Differential Growth Between Airports: 
While Juan Santamaría Airport handles the majority of traffic, Daniel Oduber Quirós Airport has shown notable growth, suggesting regional developments and possibly shifting travel preferences or increased accessibility. 
 
7. Post-Pandemic Recovery: 
2021 and 2022 data indicate a strong recovery trajectory, pointing towards a bounce-back to pre-pandemic levels of tourist arrivals and economic impact. 
 
8. Sustainable Tourism Focus: 
Costa Rica’s focus on eco-tourism is likely a significant draw, attracting tourists interested in sustainable and environmentally friendly travel options. 
 
9. Long-Term Growth Trend: 
Despite short-term fluctuations, the long-term trend for tourism in Costa Rica shows growth, both in terms of arrivals and economic impact. 
 
10. Increasing Regional Importance: 
The growth in arrivals at Daniel Oduber Quirós Airport suggests that the Guanacaste region is becoming increasingly popular as a tourist destination. This reflects a broader trend towards regional diversification in tourism offerings, which can help mitigate the impact of fluctuations in tourist arrivals at more traditional entry points like Juan Santamaría Airport.

How does the tourism sector in Costa Rica show resilience?

Top Tourism Activities (2017-2019) in Costa Rica according to the ICT 
 
Beach Activities: Dominated tourist activities with 72% involvement, showcasing Costa Rica’s beach appeal. 
 
Eco-Tourism Activities: High engagement in trekking and wildlife observation, emphasizing eco-tourism’s role. 
 
Adventure Tourism: Activities like zip-lining and rafting highlighted the adventure tourism sector. 
 
Cultural Activities: Museums and community visits showed the cultural engagement of tourists. 
 
Thermal and Wellness Tourism: Around 10% engaged in wellness activities, pointing to a niche market. 
 
Water Sports: Activities like snorkeling and kayaking were popular among tourists.

What are some eco-tourism activities to do in Costa Rica?

What are some tips for planning a beach vacation in Costa Rica?

How has thermal and wellness tourism impacted Costa Rica's tourism industry?

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