The ranking covers real estate developments in Panama, Costa Rica, Belize and Panama and helps buyers and sellers get an understanding of the real estate market in seconds.
The PriceRank table has sortable headers and users can follow the links for further information on the real estate developments.
Here are the key takeaways from the data:
• As the most mature market in the region, Costa Rica tops the ranking with the Four Seasons, Papagayo Peninsula. The least expensive community is Belize Reserve an ‘eco-community’ located in Cayo, western Belize.
• Costa Rica holds 6 of the top 10 spots in the PriceRank table. Panama has 2 real estate developments in the top 10 and Belize has 1. Nicaragua, the most ‘emerging’ of the markets has none.
• The most expensive real estate development in Belize is the Placencia Residence. In Panama, the Trump Ocean Club, perhaps its most well-known development, leads the field. Portofino Condos overlooking the bay of San Juan del Sur is Nicaragua’s highest entry (but ranked 44th overall) and, yes, the Four Seasons at Papagayo tops the list in Costa Rica.
• Turning to the least expensive; it’s Belize Reserve in Belize, the Condos Montemar (also in San Juan del Sur) for Nicaragua, Rancho Las Lomas in Costa Rica, and for Panama, Montanas de Caldera has the lowest median price.
• Master-planned communities on or near the ocean percolate to the top of the list whereas developments in lake/river/lagoon areas make up the more ‘affordable’ market-share in international real estate.