How Local Tourism is Impacting Jaco & Central Pacific Region

The San Jose market and local tourism continues to stimulate Jaco development and we are in the very early stages before we see the San Jose and Jaco market merge closer.  Take a look at the Central Valley area the past 2 years and you will see a strong commercial boom with an emphasis on new anchor hotels.  Sheraton, Holiday Inn, Wyndham, Hyatt, are just some who have opened new hotels in the San Jose area.  Malls, restaurants, commercial buildings, and many U.S. franchises all continue to be popping up throughout the San Jose region.  The urban sprawl is happening and the next place to spread will be Jaco Beach, without question.

In the past 12 months, Jaco has already seen the construction begin of 2 new hotels, while 3 beachfront hotels were also purchased.  New commercial buildings have been built on the main drag, while many others continue to remodel.  The big changes will be when all of those big entities I mentioned developing and expanding in the San Jose market decide to come this way, it’s not a matter of if but when.  With real estate investments, timing is crucial and getting in just prior to a surge of development is always one of the most best strategies.  So what are current market conditions, how are sales in the Jaco market, what is selling, how are prices?  Contact for our market report.

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