Best Lifetime Investment In Costa Rica Real Estate

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Costa Rica has been very popular destination among the tourist. But did you ever thought of buying a beach front house or beautifully architected house surrounded by the green rings of mountain? Here the key to step into your dream investment of Costa Rica beach property.

The whole country is surrounded by the ocean beaches, Caribbean Ocean from the east and Pacific Ocean from the west, which makes it famous beach oriented tourist destination. It’s incredibly constituted by lush greenery valleys and mountains filled with nature of beauty.

Why you should invest in Costa Rica real estate?

Following reasons are listed below for your questions.

You can find many amazing properties in Costa Rica but most advantageous reason to investing here, that it is a Central American part which officially comes under Northern America. The whole world is finding pathways to get a secured place in American countries. The main reason is better and high life style than other countries.

Most profitable advantage of owning a property and investing in real estate is the low property tax rate which is not more than 0.25% of legal properties. So if you are owning property worth $100,000 then only 250$ will be deducted from your money savings, which is not bad at all. They are also enriched with high luxury properties but the maximum tax will not go more than 0.60%.

Costa Rica properties are completely registered under the government law and regulations which locally called registro publico.

This place comes distinguished under tropical, semi-humid zone and has moderate climate throughout the year averagely extended between 20 degrees Celsius to 30 degree Celsius (Costa Rica Weather).

Entire country is enriched with striking and exotic flora and fauna, beautiful sea shores, and a perfect scene of natural beauty.

Politically and democratically this country is not only stable but also peaceful.

According to 2011 census, the total population of the country is around 4,500,000. This we considered as medium populated country.

Costa Rica is a mixed people immigrant’s countries where you can find inherit ants of Spanish, German, Italians, Dutch, British, Swedish and Greeks people.

Costa Rica has a growing economy by 3.7% GDP and $14,900 GDP per capita and unemployment percentage is 7.5%. This is comparatively better than panama and Nicaragua and affordable high quality of life.

Medical facilities are of top quality provided by the local and internationally specialist in thousands of hospitals and clinics and best part is that it comes with affordability.

Investing in properties is your assets which is in the form of your life saving, can also sell them later whenever the prices goes up.

There are numerous option for real estates in the form of houses, lots, farms, cottages commercial building and land you want to purchase whether one bed room house to an entire villa, like

· Beach front flats and houses

· Sea shore houses

· Lake facing houses

· Mountain or interior houses

· Ocean view houses

· Houses in CBD or town

· Top and best architected house.

Not only options for the types of house despite you can choose the several locations among whole Costa Rica.

· Best place for Beach facing and oceanic view real estates- Tamarindo, Paraiso, Bejuco, Peninsula de Nicoya, Peninsula de Osa, pureto, El Coco.

· Best real estate for mountain house- Liberia, San Jose, Sierpe, Siquirres, etc.

· Interior important place near CBD- San Jose Cartago, Heredia, Aalajuel, Apital, etc.

Is Costa Rica Real Estate Still Affordable?

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Many publications (depending upon who they represent!) will represent that Costa Rican real estate is grossly overpriced and that there are really no “bargains” any longer. These so called “experts” will represent that prices in Dominical, Escazu Properties, Tamarindo, and Playa Flamingo and Papagayo have increased ten times in value and that the average sales prices is approaching prices in the States.

So … are these claims true or false?

Well, quite candidly (from someone who lives in Costa Rica) there definitely are areas which should probably be consider overpriced (unless of course, you are one who can buy a $500,000 house and not blink an eye) as they have received publicity and of course, are definitely gorgeous without any doubt. BUT. these are areas which are overpriced simply because of publicity. Remember, it is all about supply and demand.

… is real estate in general overpriced?

As in any city or state, there are areas which are overlooked and which are still stunning and gorgeous. There are areas of Punta Leona, or Jaco Beach, for example, which are being sold at levels approaching those of California or Florida (at its prime!). But there are areas only 15 minutes away which share the same water and the same views and yet sell for less than 20% of the higher priced competition. … who is? It is your choice.

There are houses and land represented on the website which are stunning … and yet very few people bother to check as to what comparables really are … because sometimes prices are cheap by comparison. A home which is selling for $200,000 on the internet may, in reality, only cost $75,000 to build.

How can you know what is not true and true?

Simple … as in the States or Canada or your own hometown … do your homework, do not buy sight unseen and make sure that you have the best legal representation. You wouldn’t buy without due diligence in the states … don’t do it in Costa Rica either. Costa Rica has no MLS, and very few rules and regulations that pertain to your protection … it is truly a country and system of “let the buyer beware!”

But … in a roundabout way … no, real estate in Costa Rica is  bargain real estate … depending upon where you look AND who you talk to.

Costa Rica Real Estate Investment Options

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Costa Rica real estate is one of the hottest investment instruments in Latin America. The property here is much in demand also because Costa Rica has gay friendly real estate, and the economic climate in the country is very stable. It is situated in the isthmus between the Caribbean Sea, on the east, and the Pacific Ocean, on the west. Demand for real estate on both the sides is very high because they offer a high return on investment and beautiful places to stay in. In this article we will talk about the three hottest Costa Rica luxury real estate investment options on the Pacific Coast Side.

3 Hottest Costa Rica real estate properties on the Pacific Coast

Manuel Antonio

Manual Antonio, the smallest of twenty national parks is one of the most beautiful and high-priced realties in Costa Rica. 135,906 acres of marine reserve around 4,014 acres of land area makes the Manuel Antonio Real Estate the most sought after real estate property on the Pacific Coast. This is totally protected area and is the second most visited reserved park in the country.

At a mere 3-hour drive from San Jose, 100 miles to the south, Manual Antonio is a paradise with all the luxury of modern life in luxurious Costa Rica homes.

Guanacaste

Guanacaste province is another most attractive destination on the Pacific Coast side. It is a perfect place for people who want to buy property in a sparsely populated Costa Rican province. Beautiful beaches and long and lazy summer days are trademarks of this province which never fail to attract people from around the globe. It is quite famous among bird watcher, snorkeling and surfing enthusiasts, and also among wind surfers. People from the United States keep coming to the city, throughout the year, which makes the property in this province so valuable.

Puntarenas

Puntarenas, which means “sandy point” in Spanish, is the largest province on the Pacific Coast. From San Jose, it is 120 kilometers on the west. The city has played a very important role in the history of the country. Every year, it attracts thousands and thousands of visitors. This works as a central point for people who come to relax on the beaches of Cedros, San Lucas, Playa Naranjo, Jesuita, and Playa Mal pais, etc

. This drives the realty index higher in the city which is in its own right is a major tourist destination on the Pacific Coast side.

These are the three attractive Costa Rica Real Estate investment destinations you can explore. The return on investment on these properties is higher than the average. These are quite famous among travelers to the Pacific Coast side.