Real-estate groups aim to wait and see in Costa Rica

At the beginning of the year, developers have been keeping quiet on new real-estate developments so as to wait and see what happens in terms of pointers to consumer confidence, and interest rates for currency adjustments.

Once the market gets accustomed to the new look imposed by the fiscal reform, matters are expected to warm up in terms of the development of projects.

For this year, President Carlos Alvarado's promises to boost public-private alliances, investments in long delayed projects, and efforts to cut red tape, ought to generate new chains of production in the sector.