Tree-lined tropical beaches whose warmth is exceeded only by the friendly people who live in Costa Rica, spectacular birds and flowers whose intense colors rival those of an erupting volcano, activities ranging from whitewater rafting and surfing to sport fishing and golf…With so much variety, there’s guaranteed to be something to suit everyone’s taste! The climate is idyllic with temperatures ranging between the eighty and ninety degrees Fahrenheit. If that’s not enough to make you drool, then here are a few facts on why Costa Rica is one of the hottest markets around.
It’s a country that has no military, a stable democracy, and a government that encourages investors with no restrictions and entitles them to the same ownership rights as Costa Rican citizens.
Costa Rica is still at the start of a boom in property prices. You can still buy low enough to see double digit profits or more. That along with no capital gains tax is a winner for any investor.
What do you look for when investing in Costa Rica?
Look for areas that are not booming at this moment, but have the infrastructure, such as new roads and other large projects in development nearby.
Once you look for those, you’ll see Costa Rica Land is a good investment.
Costa Rica has three major infrastructures. A new freeway is under development that will link the largest metropolitan cities. A new international airport is planned for the town of Orotina, which will be a huge factor in increasing property values in the surrounding cities. Last but certainly not least is a new marina. The project called Marina Pez Vela, being built in Quepos, is the largest and most modern of its kind in Central America.
Another great suggestion to an out of country investor is to invest within a managed community. This should make any new out of country investor feel a little more confident in their investment.
If you are looking to make a sound investment with great returns, the time to do it is now. Don’t wait until the prices are at the top to invest, invest while the prices are on the climb. This is where a lot of investors make mistakes; they jump on the wagon at the top of the cycle and not on the climb. Costa Rica is definitely on the climb.