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CR Real Estate Depreciate?

4 years ago
1st post here and forgive me if not PC about topic. After searching for a year in CR, I recently purchased a small condo at Jaco beach as investment. I have not closed on condo yet but everything is done except for closing and am very concerned about the long term effects on the tourist industry of CR after Coronavirus is better controlled. I am unsure whether USA citizens won't choose other destinations because of being shunned at this point whether right or wrong is immaterial. I guess I am asking if anyone thinks the real estate market will depreciate in the foreseeable future based off somewhat alienating their source of tourists. In addition, I believe there are 5 flights permitted into CR per week so basically they are still shut down and hopefully this is just trial run. Please HELP!

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William Russell
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
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