Costa Rican Property Investment Opportunities
March 28, 2010 by Editor
Filed under Property Tips & Advice, Recommended Reading
Nowadays, Costa Rica is largely seen as one of the countries that offer some of the best real estate investment opportunities. This country has seen incredible increases in price over the last decade and it seems that the real estate in this country is on a continuosly ascending rate, and things do not seem to change in the near future. In fact real estate experts have stated that prices on land and property will keep rising at a steady pace for at least a few years.
The best options that individuals wanting to purchase land have is to purchase directly from Costa Rica land for sale by owner. The options for Costa Rica investment property are numerous and all that any serious investor has to do is do some exhaustive research for the area and the land itself. Being considered to be an established market, Costa Rica has attracted foreign capital influxes and is now one of the most stable real estate markets in the world, with a great potential for capital growth.
Costa Rica is a country that presents great opportunities both for future home owners and for investors that want to develop properties in a dream tourist destination. The most attractive fact about Costa Rica is that prices have gone up twenty times in the last 10-15 years. Although the number of Costa Rican properties has gone through the roof in this past decade, prices are still cheaper in comparison to large countries from Europe, and even large cities from the United States.
Even though Costa Rica is a dream tourist destination, the prices for small one bedroom appartments are as low as $30,000 to $35,000. Most experts say that the best way to go when purchasing any kind of property is to bypass any middlemen and purchase directly from the owner. Costa Rica land for sale by owner real estate ads can be found both in real estate newsletters and on the internet.
A good advice for investors interested in Costa Rica investment property is to concentrate especially on location. First of all the investor has to take into consideration the comercial potential, and then the infrastructure, like roads, utilities, etc. In comparisson with other neighbouring countries, Costa Rica holds a great advantage because the government is actively involved in the development of the country. This development extends from modernizing roads and airports to aiding the real estate sector with incentives.
The Costa Rican government offers foreign investors a very efficient tax system, so the potential for increasing capital gains and the returns on investments is greatly improved. Also, Costa Rica investment property purchases are encouraged by the low levels of crime, and high tax efficiency. All these factors give Costa Rica the appeal that it is famous for in the world of real estate investors.
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