For the right property in the right location, the answer is yes.

Costa Rica’s tourism sector draws millions of visitors annually, many of whom prefer vacation rentals over hotels. Platforms like Airbnb and VRBO are well-established in popular areas, and occupancy rates in top locations – Tamarindo, Nosara, Jacó, and the Arenal region – can be strong enough to generate meaningful returns. The question isn’t whether short-term rentals work in Costa Rica, but whether the specific property you’re considering is set up to perform.

Location within a location matters enormously.

A condo two blocks from the beach in Jacó will perform very differently than a rural property 40 minutes inland. Proximity to amenities, surf breaks, national parks, and tourist infrastructure drives bookings. TRREG evaluates rental potential as part of the buyer advisory process – not as a sales pitch, but because it’s a real factor in investment decisions.

Understand the regulatory environment.

Short-term rental regulations in Costa Rica are evolving. Some municipalities have introduced or are considering restrictions similar to those seen in U.S. cities. Buyers who intend to operate a rental property should conduct current due diligence on local ordinances and HOA rules – and factor in the cost of local property management, which is essential for remote owners.

The income potential is real but not guaranteed.

TRREG is direct with buyers: rental income projections should be treated as potential, not certainty. Seasonality, marketing, competition, and property condition all influence performance. We help buyers stress-test their assumptions before purchasing – because a well-informed buyer is a successful long-term owner.

Tiffany Russell Group