Nuevo Arenal : Costa rica

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What it's Like to Retire in Nuevo Arenal

Nuevo Arenal is a quiet village in Northwestern Costa Rica.It's leisurely, tropical, in the thick of lovely rain forests, and enjoys the centerpiece of glossy Lake Arenal. The altitude is about 1500'. Cost of living is low. A health clinic, convenience stores, hotels, bars, and more make this a comfortable place to live. Nicoya is the principal commercial center for the region. Nightlife is active and the wildlife is beautiful. For more about retiring to this beautiful country see our retirement guide to Costa Rica.  Photo of Lake Arenal courtesy of Wikipedia and Gregory Zeier,

 

Where to Retire in Nuevo Arenal and Home Prices

There are multiple, small villages which dot the lake in which to live, some of which are gated. Small American-style homes on small lots start at around $100,000.
Townhouses from 2-5 bedrooms tend to range from $135,000 to $235,000, and custom homes can be had starting in the high $200,000's. See active communities by following link at right.

 

What is special about Nuevo Arenal

Foreigners who plan to retire in Costa Rica can gain pensionado status, which means fifty percent off movies and sporting events, among many other things.
 

What is not special about Nuevo Arenal

The rainy season runs from May to November, which may be too long for some.
 

Who will like retirement in Nuevo Arenal

Those looking to get away from it all, enjoy the great rain forest outdoors, and relax among a lot of natural beauty retire here.
 

Local economy is driven by

Tourism is very important to the local economy, as is agriculture (cattle and rice).

 

Climate and Physical Environment

Average temperatures range from 68 t0 88 degrees F.  The province experiences little rain and consistent heat from November to April, resulting in ubiquitous tropical dry forests as a natural adaption to the dry season conditions.

 

Restaurants & Cultural Scene

Nuevo Arenal has an active nightlife, and many tourists stop by often to partake in water sports, from fishing to world-class wind surfing. The town has notable German and Italian restaurants and the only fuel station in the area.

 

Crime

Crime in Nuevo Arenal is slightly lower than average.
 

Medical facilities

There's a health clinic located here.
 

Transportation

The road system in Costa Rica is not well developed, although highways are being built.

 

Valuable Links

Nuevo Arenal on Wikipedia
 

What people are saying about Nuevo Arenal

hi
helloo
Posted by maneesh on July 02, 2012

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Facts about NUEVO ARENAL
  • State: CR
  • Environment: Lake,Small Town,
  • City Population: Less than 10,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 41-60
  • Avg July Temperature: 0 -20
  • Median HH Income: 41,001-60,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: NA
  • Total Crime Index: 91-100 (slightly below average)
  • Cost of Living Index: 81-90 (low)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: b

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