Costa Rica Real Estate
Investing in Costa Rica real estate is not a trend, it is a lucrative choice for those looking to buy second homes or invest in properties that appreciate in value. Statistics reveal that, beach condos in Guanacaste, for example, have quadrupled in value during the last three years and because of the world’s shifting real estate market trends and the current US sub-prime meltdown, today, you have the opportunity to buy yourself a piece of paradise at an affordable price. Costa Rica land investment has become not only a sound financial decision but it is also as easy as pie. Solid names like Stewart Title provide guaranty and escrow services; internationally renowned banks such as HSBC and Scotiabank allow buyers easy financing and current real estate laws allow foreigners to buy and own property in this mesmerizing Central American land.
Costa Rica real estate prices have increased 20-50% per year turning this destination into one of the TOP 5 best real estate investments of 2007. So whether you are looking to ensure a profitable return on investment, to buy a beach property in Guanacaste to hide from the harsh winters up north or to own a home in Costa Rica to retire to, buying land in Costa Rica means a smart deal and a much lower cost of living. These are the top reasons why you should consider Costa Rica real estate investments:
Location, location, location:
Costa Rica is the passageway of the Americas: because of its key location you can access by air, sea or ground. The close commercial ties with the United States (CAFTA) and the proximity between America, Asia, and Europe helps business transactions take place smoothly
An ideal business and investment climate
Some of the top Fortune500 firms including Hewlett-Packard, Procter & Gamble, Dell, Pfizer, Cisco, Intel and others have chosen Costa Rica as their primary outsourcing option because of its time zone compatibility, Costa Rica’s top notch technical infrastructure, the workforce’s high literacy and education rate as well as its competitive operational cost.
Breathtaking ecological beauty:
Costa Rica boasts an extensive variety of exuberant wildlife and nature. Today, it is ranked as one of the top 10 environmental tourist destinations of the world. Surrounded by two seas which are home to 35% of the world’s marine diversity, and encompassed by luscious rainforests, this land has been blessed with great natural wealth.
Political stability:
Costa Rica’s democracy and the voluntary abolishment of its army in 1948 have allowed for a peaceful history, a more focused development of the education and public health of its citizens as well as a serene political climate. Elections are considered a national celebration which takes place with unprecedented transparency. Current president Oscar Arias Sanchez is a Nobel Peace Prize award recipient himself, for his efforts in securing peace in Central America.
Minimum legal requirements:
Real estate in Costa Rica is titled; therefore anyone may possess a legal title to a property, even foreigners. Americans will only need a valid US passport to travel to Costa Rica: a visa is not required and a US embassy is located in the capital of the country with 24 hr. emergency service for US citizens.
Pacific culture and great atmosphere
Costa Ricans enjoy a healthy, laid back lifestyle that welcomes you to the “Pure Life”, as their most common greeting –‘Pura Vida’- says. This small but privileged country brings you the chance to step away from the frantic rat race. The warmth of its noble people, a much cheaper cost of living, spectacular natural scenery and a fun loving culture gave this country its most renowned nickname: "the Switzerland of the Americas”.
More bang for your buck
Prices for Guanacaste beach properties in Costa Rica are still less expensive than in the US particularly for waterfront properties. The dollar is widely accepted; therefore the prices to buy land in Costa Rica remain the same in spite of currency exchange rates. This, along with the inexpensive skilled man labor and the fact that an offshore property can be used for investment or as a second home, results in great value for your money.
Top health-care
Healthcare in Costa Rica is provided through one of the finest and most affordable health care systems in the world as well as the most advanced in Latin America (Caja Costarricense de Seguro Social -CCSS). People from all over the world come to Costa Rica’s private clinics (the majority of which are affiliated with US hospitals) to get dental work, heart-valve replacements as well as cosmetic and reconstructive surgery procedures for a fraction of the actual price. Surgeons and physicians are reputable, well-trained and skillful. In fact, the 1st successful heart transplant in Latin America took place in Costa Rica.
Sports and Adventure:
There are probably few places in the world where you can spend one day hiking a volcano, another day surfing unbelievable waves, or even white water river-rafting down the 18 mile-long Pacuare River just to end up soaring over the top of the rainforest trees on a canopy tour. Costa Rica has it all. Named as one of the best surfing spots in the world by Surf magazine, Costa Rica is also home to the IGFA offshore championship event, and an ideal place for horseback riding, kayaking, scuba diving and other adventure sports.
All of these factors make Costa Rica one of the most popular destinations for more than 7 million Americans who will retire offshore during the next 5 years, according to Forbes magazine. You could continue living in fear for the instability of the US real estate market and the current housing slump or you could take action and live your dream by investing in a beach property or condominium in Costa Rica. Own a top quality home close to the most popular North Pacific beaches at preconstruction prices
BuildingZoneConstruction.com invites you to take a look at our homes for sale in Playa Avellanas Guanacaste. CLICK HERE to check out the real estate gallery with dozens of pictures of our condos for sale in Playa Avellanas: home of the best Costa Rica surfing, sports fishing and the most spectacular ocean views!
