Costa Rica Real Estate Investmeng

Introduction to Costa Rica

A naturally beautiful country, Costa Rica has undeniable temptations in the form of palm fringed beaches, long stretches of coastline that romance both Pacific as well as Caribbean Oceans, rich rainforests, bountiful of flora and fauna, an amazing variety of wild animals, and magnificent mountains. Not only do these natural attributes attract more and more tourists to Costa Rica, but an increasing number of American, European and Canadian investors are also being drawn to the Costa Rican property market.

The first country in the world to constitutionally abolish its army, Costa Rica offers foreigners a perfect alternative to bring stability in their life in the form a great escape destination that is still cheaper and attractive than many of the more expensive domestic real estate markets.

As the profile and stature of this small, peaceful, culturally vibrant and democratic Central American country is gaining prominence, many foreigners are looking at investing in Costa Rican real estate as a second home or a retirement home or simply for investment purposes.

Why Invest in Costa Rica

Here are some of the main reasons why Costa Rica real estate investment is found to be so attractive by so many and why the property market is booming here.

1)          51,200 square kms of verdant landscape, and lush green environment making it an ideal location for retirement or for a second home

2)          1500kms of tropical sandy beaches with sparkling waters of both Pacific and Caribbean Oceans

3)          Cost of living in Costa Rica is much lower as compared to North America, Canada or most European countries

4)          Cost of property maintenance is also low, making it a profitable option to rent out property

5)          Land and house prices are still highly affordable at around 20-25% lower than prices in US, UK, or Canada making Costa Rica real estate investment profitable. For example: a luxury beach facing plot of land or home can be yours for as low as $80,000 while independent homes on sizeable plots start from as low as $249,000.

6)          Costa Rica has a strong real estate resale market

7)          With over 50,000 US citizens living in Costa Rica, US property brokers are able to arrange finances for Costa Rica real estate investment

8)          Is the most stable country in Central America

9)          The education system is excellent with the country boasting of more teachers than policemen!

10)      Low taxation regime is pro real estate investment

11)      Costa Rica has a tropical climate with average temperature at 21^oC

12)      Costa Ricans emulate the Western way of life and are warm and friendly

13)      Excellent infrastructure and communications with high standards of service

14)      Electricity and Water are available throughout the country

15)      Most cities in Costa Rica are cosmopolitan and sophisticated

In the current scenario, Costa Rica real estate investment makes a lot of sense. With increasing popularity among tourists, the tourism industry is experiencing a boom and the economy is boosting the infrastructure. If you buy a property now, you will be able to earn money by renting out your property to tourists during the holiday seasons.

If you are considering Costa Rica real estate investment for living in the country full-time then you can benefit from tax breaks and reduced registration prices as it is customary in Costa Rica to register property at a figure that is far less than the actual purchase price!

Irresistible haven for those seeking an oasis of beauty, tranquillity, balmy climes and abundant eco-diversity, Costa Rica offers an incomparable quality of life at down-to-earth prices. Look no further, Costa Rica real estate investment is definitely the best choice!