Friday, August 23, 2024 Costa Rica continues to shine as a premier global travel destination, with record-breaking international arrivals in 2024. By July, the country had welcomed an impressive 1,772,271 international tourists via air, marking the highest number ever recorded in the first seven months of the year, according to the Instituto Costarricense de Turismo (ICT). This surge in tourism has significantly fueled the growth of Costa Rica’s vacation rental market, driving a steady increase in Airbnb listings for 37 consecutive months.
As of July 2024, the country boasted 34,895 vacation rentals, reflecting a growing trend toward private accommodations over traditional hotels. The most successful vacation rentals in Costa Rica share a combination of prime locations, personalized services, thoughtful design, and effective management and marketing. These factors contribute to their prominence in the competitive local market, offering valuable insights for property owners and investors.
A striking 83.33% of the top 30 investment properties in Costa Rica utilize professional property management services or are managed by hosts overseeing multiple properties. Location plays a crucial role in the success of Costa Rica’s top vacation rentals.
An analysis of the top 30 performing Airbnbs over the past year reveals that these properties are concentrated in the country’s most sought-after tourist destinations. Tamarindo, Jaco, Flamingo, Potrero, Santa Teresa, Manuel Antonio, .