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LAND VALUES : As in the rest of the country, land prices here in the Osa have risen dramatically in the last few years, but generally much lower than prices in the Northern coastal areas. A good indication that land values will continue to go up here! Many properties are now considered to be overvalued in the North. Size of smaller properties are generally described in terms of square meters. Larger parcels and farms or fincas are described in hectares (see formula below). As anywhere, beach front property is by far the most expensive type of property and starts at $10 per square meter for land in the upper gulf (less developed area) and goes as high as $50 for land at the tip of the peninsula known as Matapalo. Price per square meter also depends on how much land you are buying...the value per square meter for a small lot is higher than for a large parcel...the more you buy, the less the cost per square meter. Mountain property costs much less than beach property. Values for mountain property run between.$2,000 and $4,000 per hectare (based on large tracts of land). Mountain property with an ocean view is even higher. Another important factor affecting value is the characteristics of the property such as road access, water source, electricity, flat areas to build, existing improvements, etc.

One Hectare = 2.47 acres

One Hectare = 10,000 sq. meters or 107,600 sq. feet

One Acre = 4,050 square meters or 43,560 sq. feet

The biggest factors when looking for land values are:

1. Year round access by gravel road.

2. Good year round water source.

3. Good drainage in the rainy season for septic etc.

4. Beach location or hillside where there is adequate breeze.

5. Away from the manglars (mangrove swamps), wet lands and protected areas.

6. Verifiable history of ownership and proper registration.