Costa Rica Real Estate ? Getting Rich in the New R

If you want to buy property for investment and capital growth potential, then you need to consider investing in Costa Rica real estate.

Costa Rican real estate prices have been rising for years, and as more foreign buyers look at investing in Costa Rican real estate, prices look set to soar. Already prices in some areas are booming - and many properties have doubled in value in just two years!

So, how do you get in on the booming Costa Rican real estate market? - Let?s find out:

Location

The key to buying real estate anywhere is location. It?s a fact that properties worldwide that have coastal views are in high demand - and this trend is now being seen in the real estate market of Costa Rica.

The Appeal of the Coast

Investors in the Costa Rica real estate market are able to buy properties on a beautiful coastline, in a country of stunning natural beauty.

In Costa Rica, real estate is cheap in comparison with many other countries - but interest in prime Costa Rica properties is growing - and investors who get in on the boom now, look set to make huge gains on their investment in the near future.

Getting in Ahead of the Crowd

When buying property, the trick is always to be in ahead of the crowd.

People who took a chance and invested in coastal real estate in California, Hawaii and some parts of Florida were ahead of their time - and were rewarded with fantastic long-term capital growth. For example, a typical $30,000 investment in any of these three states 30 years ago, could have returned over $1,000,000 today!

Why Costa Rica?

What happened in California and Hawaii 30 years ago is happening again - in the Costa Rica property market. A major factor is that Americans are buying second homes in the United States in record numbers - thereby driving up the cost of vacation homes - and they?re now looking elsewhere.

Costa Rica?s Big Profit Potential

Investors who purchased $30,000 properties in the town of Jaco 15 years ago, have seen their property values soar ? with some properties now worth as much as $750,000.

Another example of the Costa Rica real estate boom is the Marriot Corporation, which built its crown jewel of Latin America ? the Los Suenos Resort, and pre sold 50 condominiums of 2000 square feet for $250,000. The next year Marriot sold another fifty at $350,000. Now this years upper end units are being sold at between $450,000 and $850,000!

The Standard of Life in Costa Rica

Costa Rica real estate prices are being driven higher because the country offers buyers value for money - and a quality lifestyle.

Here are just some of the benefits:

Easy Access

Costa Rica is only 3 hours flying time from many places in the southern U.S. In addition, many non-stop flights are available to South America and Europe from Costa Rica.

Cost of Living

The cost of living in Costa Rica is inexpensive - and you can comfortably live on $2000 a month. In addition, in most areas, real estate costs far less than it does in the U.S.

Standard of Living

While the cost of living is low, the standard of living is high. Thee are good schools, a variety of leisure facilities and culture, world-class healthcare and a great communications infrastructure.

Buying is Easy

Buying real estate in Costa Rica is easy - the Costa Rican Government encourages overseas investment, and the result of this is that it?s easy to buy property, and live or work in Costa Rica - and red tape is kept to a minimum.

A Country of Stunning Natural Beauty

Costa Rica is a very small country - just 32,000 square miles, with a total population of just 3.9 million. Costa Rica may be a small country, but it has something for everyone:

. Stunning white sandy beaches

. Mountains

. Rolling hills

. Beautiful lakes

. Stunning rain forests

And much more.

Costa Rica for Living or Investment

Costa Rica real estate is easy to buy and it?s cheap. Interest in real estate is growing - as more overseas investors look to buy affordable property in this country of stunning natural beauty with a standard of living that?s great.

If you?re looking for long-term capital growth then consider Costa Rican real estate now - and get in on one of the worlds most exciting property markets.



Posted by Denise Griffith on December 13, 2008 at 12:00 AM

About Denise Griffith
Denise Griffith is affliated with Carlsbad Real Estate, which is located in Carlsbad, NM. For further assistance please use the contact information located on the right.



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Local Information for Carlsbad, NM

Latitude: 32.411893 -- Longitude: -104.236277


ZIP Codes for Carlsbad, New Mexico 88220  88221 
Area Code for Carlsbad, New Mexico 505
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Carlsbad is a city in and the county seat of Eddy County, New Mexico, in the United States.[1] As of the 2000 census, the city population was 27,463. Carlsbad is the center of the designated micropolitan area of Carlsbad-Artesia, which has a total population of 51,658. It is a center for potash, petroleum production, and tourism. Carlsbad is located in the Chihuahuan Desert and the Pecos River Valley at an elevation of 3,295 feet (1,004 m). Carlsbad Caverns National Park is located eighteen miles (29 km) southwest of the city, with Guadalupe Mountains National Park lying forty miles further southwest across the Texas border. There are also three man-made lakes within fifty miles of the city, including Lake Carlsbad. Carlsbad has a mayor-council government type. The city has multiple recreational parks and facilities, including those for senior citizens. -- Source: Wikipedia.com




New Mexico 2000 Census Population Profile Map

Carlsbad New Mexico United States
Population 25,625 1,819,046 281,421,906
Median age 37.7 34.6 35.3
Median age for Male 36 33.4 34
Median age for Female 39.1 35.6 36.5
Households 9,957 677,971 105,480,101
Household population 24,971 1,782,739 273,643,273
Average household size 2.51 2.63 2.59
Families 6,951 466,515 71,787,347
Average family size 3.03 3.18 3.14
Housing units 11,421 780,579 115,904,641
Occupied units 9,957 677,971 105,480,101
Vacant units 1,464 102,608 10,424,540

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Denise Griffith - Carlsbad Real Estate
Denise Griffith
Carlsbad Real Estate


PO Box 490
Carlsbad, NM 88220

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FAX: 505-885-6583

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