Property in Costa Rica - Where Second Homes Are a Good Investment

"body">Pacific Coast, thereby generating an increased flow of
If you're thinking of buying a second home, then youtraffic and fueling buying interest in adjacent areas.
should consider buying property in Costa Rica - asA New Marina: The largest marina in Costa Rica,is due
prices are currently still inexpensive, but are risingto be completed soon in the Town of Quepos.
rapidly.A New Airport: A new international airport is planned
By buying property in Costa Rica, you'll be able to takefor the town of Orotina in the near future.
advantage of a real estate boom that's set to continueWhen buying property in Costa Rica, being in ahead of
for many years to come.the crowd - before an important part of the
Let's look at why buying a property in Costa Rica isinfrastructure is completed, will enable perceptive
such a good investment:buyers to take advantage of price rises after the
Property Prices in Costa Rica are risinginfrastructure is completed.
Investors that purchased a $30,000 property 15 yearsIf you're buying property in Costa Rica, (or anywhere
ago, now find that their property is worth as much aselse for that matter) then you need to consider
$750,000.location before buying.
Another example of the Costa Rica property boom isBuying Property is Easy
the Marriot Corporation, which built the Los SuenosWhere else in the world can foreigners come to a
Resort, pre selling fifty condominiums of 2000 squarecountry which has a stable democracy, no military, a
feet for $250,000.government that encourages investors with no
The following year, Marriot sold another fifty atrestrictions, and where foreigners are entitled to the
$350,000. This year's upper end units are being sold forsame ownership rights as Costa Rican citizens?
as much as $450,000 to $850,000!Throw in low costs and no capital gains tax, and its no
The biggest change in property in Costa Rica duringwonder foreign buyers are looking at Costa Rica.
the past decade is that prices have dramaticallyBuying property is Costa Rica is easy - and that's one
increased as Costa Rica has attracted more foreignof the major attractions.
buyers - and prices have doubled, or tripled, from 10A Demand Driven Market
years ago.Buying property in Costa Rica will continue to be a
Property in Costa Rica is Inexpensivesound investment, as foreign buyers look for an
Despite these huge property price rises, Costa Ricanaffordable place to live with a great lifestyle.
real estate is still cheap compared to countries such asCosta Rica is beautiful, and has a great climate with no
the US. A lovely three bedroom property can beweather extremes, a low cost of living, no serious
purchased for as little as $60,000, and prices forcrime and an infrastructure that is on par with many
beachfront properties cost up to 75% less than in USindustrialized nations.
states such as Florida and Arizona.Buying property in Costa Rica offers a slice of
Property prices in Costa Rica will continue to increaseparadise at a cost anyone can afford - and as more
in value over the coming years, but there's anotherbuyers invest, prices will rise.
way to ensure that your properties value exceedsBig Rewards for Savvy Investors!
what is already an excellent average growth rate -We're still at the start of a boom in property prices in
and here we need to look at location:Costa Rica, and now's an ideal time to get in on the
The Importance of Locationaction.
When buying property in Costa Rica, you need to lookBuying property in Costa Rica is a solid investment,
at the infrastructure - which can improve an area'swhich looks set to reward savvy investors with great
value.capital gains in the near future.
Here are examples of three infrastructure changesBuying property in Costa Rica can change your
that will increase property prices in adjacent areas:financial future, and if you're thinking of investing in
A New Freeway: Scheduled to be completed shortly,property, there is no better market to get involved in.
which will link the largest metropolitan cities to the