Gated Communities: A Safe Bet

Many of the new property developments on Coast Rica's beautiful "Gold Coast" are gated communities. These are an ideal choice for investment, especially if you aren't planning on living in your property all year round.

Owning land in absentia can pose some unique issues in Costa Rica, where squatter laws give an individual some rights to land if the legitimate owner has allowed them to reside there for over a year. This doesn't mean that you've given them consent to live on your land ? it simply means that you haven't kicked them off. Squatters look for uninhabited land and set up residence, sometimes planting a few crops, and hope to remain undiscovered long enough to make a claim.

There are many ways to avoid this headache ? you can have someone local check on your property, employ a caretaker (and keep good records so that they can't claim squatter status), or visit your property every three months. If squatters are discovered within 90 days the police are required to remove them from your property. To have them removed after a year, the legal landowner must go through a lawsuit which is an expense (and headache) that most people would rather avoid, and in some cases they could even lose ownership of their land.

An easy way to avoid this is to buy property in a gated community. This option ensures that your home is watched when you are not in town as well as having additional benefits. Gated communities are generally a more secure option than striking out alone, especially in areas that are big tourist destinations. Costa Rica is a very safe country: violent crime rates are much lower here than in other countries but petty offenses such as theft and property crime are not uncommon, especially in traveler-dense areas. Many condo developments and gated communities offer an entry system and private security included in the residents' fees, and your neighbors offer many sets of eyes to keep watch over your place.

Most of these developments offer infrastructure that is well above the national average, with underground electricity, great roads and community areas, and some even offer their own water systems and shopping areas.

The other advantage of owning in a gated community is that you can easily enter a property management arrangement, turning your empty home into a money making venture that pays for itself when you aren't around. The Guanacaste area has become an increasingly popular resort destination because of its warm weather, amazing beaches and general beauty. There's no doubt that a smart investment in this area will pay dividends and gated communities are a safe bet!



Posted by Karen Kellerman on December 13, 2008 at 12:00 AM

About Karen Kellerman
Karen Kellerman is affliated with North Star Realty, which is located in Bangor, ME. For further assistance please use the contact information located on the right.



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Local Information for Bangor, ME

Latitude: 44.81087 -- Longitude: -68.783012


ZIP Codes for Bangor, Maine 04401  04402 
Area Code for Bangor, Maine 207
Time zone for Bangor, Maine EST



Other Area Cities:   Bangor, ME  Old Town, ME 

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In 1791, settlers from the area decided to incorporate into a town. The Reverend Seth Noble promoted the name Sunbury, and went to Boston with the settlers' petition (at the time, Maine was part of Massachusetts). It is said that Noble was whistling a hymn written by William Tans'ur called Bangor when the Boston official asked him what he wanted the town's name to be. Noble, thinking that the official was asking him the name of the hymn, replied "Bangor". To many people, this story seems extremely unlikely. In the 19th century, Bangor was a center of the timber and logging business and at one point late in the century was said to be the richest city per capita in the world. Many of the timber barons of the time lived in elaborate Victorian houses that still stand on West Broadway. The city is home to author Stephen King, who lives in one of those ornate houses. It is noteworthy for its large number of substantial old churches, as well as its imposing canopy of shade trees. -- Source: Wikipedia.com




Maine 2000 Census Population Profile Map

Bangor Maine United States
Population 31,473 1,274,923 281,421,906
Median age 36.1 38.6 35.3
Median age for Male 34.2 37.6 34
Median age for Female 37.8 39.6 36.5
Households 13,713 518,200 105,480,101
Household population 29,113 1,240,011 273,643,273
Average household size 2.12 2.39 2.59
Families 7,179 340,685 71,787,347
Average family size 2.81 2.9 3.14
Housing units 14,587 651,901 115,904,641
Occupied units 13,713 518,200 105,480,101
Vacant units 874 133,701 10,424,540

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Karen Kellerman - North Star Realty
Karen Kellerman
North Star Realty


5 Dean St
Bangor, ME 04401

VOICE: 207-941-6767

FAX: 207-992-4092



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