| It certainly looks like paradise - miles
| |
| | on the Caribbean coast are generally less
|
| of unspoiled beaches, tropical rain
| |
| | expensive than those on the Pacific
|
| forests, quiet fishing villages,
| |
| | coast.
|
| beachfront villas and luxury condos. It's
| |
| | Purchasing a home in Costa Rica is a
|
| hardly a surprise that Costa Rica has
| |
| | relatively straightforward experience.
|
| quickly become one of the hottest spots
| |
| | There are virtually no restrictions on
|
| for both investment property and vacation
| |
| | owning private land and foreign citizens
|
| homes.
| |
| | have the same rights as citizens of the
|
| Costa Rica whose name aptly means rich
| |
| | country. Purchasing and owning a piece of
|
| coast has many advantages to offer. This
| |
| | land can be accomplished without having a
|
| small country of around 4 million people
| |
| | presence in the country.
|
| is just a few hours flying time from many
| |
| | Financing is readily available from
|
| parts of the United States, and several
| |
| | private and public banks for homes in the
|
| US airlines offer direct flights. The
| |
| | country, although you usually have to
|
| country boasts a strong economy, a stable
| |
| | become a resident. Foreigners may also
|
| government and surprisingly good schools
| |
| | use the pre-tax IRAs from the US to
|
| and medical facilities. Because of its
| |
| | purchase property a procedure that is
|
| excellent standard of living, Costa Rica
| |
| | both acceptable and perfectly legal.
|
| is sometimes called "the Switzerland of
| |
| | Property taxes are low in Costa Rica,
|
| Central America".
| |
| | varying from 0.5% to 1.5% of the total
|
| Despite the real estate boom, housing in
| |
| | property value.
|
| Costa Rica is still affordable compared
| |
| | And if you are thinking of living in your
|
| to most parts of the United States. It's
| |
| | investment, Costa Rica has one of the
|
| possible to buy a perfectly adequate
| |
| | highest standards of living in Latin
|
| family home in a decent neighborhood for
| |
| | America. The capital, San Jose is among
|
| less than $100,000 - compared to the US
| |
| | the least expensive capital cities in the
|
| where the average cost of a home is now
| |
| | world, and costs tend to decrease the
|
| around $230,000. Rentals and short term
| |
| | further away you get from San Jose. Basic
|
| accommodation are relatively inexpensive
| |
| | utilities such as electricity and water
|
| too a typical family rental house can be
| |
| | are inexpensive and heating isn't
|
| rented for under $500 a month; a larger
| |
| | generally needed because of the warm
|
| home or a luxury house or condo rents for
| |
| | climate the year round average
|
| as little as $1000 a month.
| |
| | temperature is 76 degrees. Entertainment,
|
| As an investment, Costa Rica real estate
| |
| | groceries and dining out are all cheap by
|
| is hard to beat. Some properties have
| |
| | US standards, and public transportation
|
| increased in value almost ten times over
| |
| | is efficient and affordable. And a gallon
|
| the last decade, a trend likely to
| |
| | of gas costs around $2 one of the lowest
|
| continue. Beachfront property in
| |
| | rates in the Americas.
|
| particular is a safe investment because
| |
| | Investing in real estate can be a risky
|
| of the constant high demand. Luxury
| |
| | business. Whereas nothing is guaranteed,
|
| beachfront properties - still one of the
| |
| | the Costa Rica housing market shows no
|
| most sought after investments in Costa
| |
| | real signs of slowing down. Grab that
|
| Rica - can be purchased for significantly
| |
| | secluded beachfront property while you
|
| less than in the United States. If you
| |
| | can there are only so many to go around!
|
| are looking for a beachfront home, houses
| |
| |
|