Costa Rica Real Estate

Costa Rica Land for Sale - Boost your Profits by Buying in the Right Location

May 15th, 2007

Many investors are aware that land that’s for sale in Costa Rica right now can make quick capital gains - however, buy in the right location and you can make even more money.

This article is all about buying Costa Rica land - and more importantly, buying land for sale in the RIGHT location to boost your profits.

With as many as 1 million Americans expected to be living in Costa Rica by 2010, this is a great opportunity for real estate and land investors to get in early, and make a killing.

Location, Location, Location!

As with any investment in land and real estate - location is the key.

The average cost of property and land for sale in Costa Rica has risen by 300% in the last 10 years - but this is just the average - there are areas of Costa Rica that have seen bigger increases in value.

The trick is to look at the developing infrastructure - to see where the next “hot spot” might be.

The Comfort Factor

Why are people moving to Costa Rica? There are many reasons and they include:

· Reducing taxation liability

· The cheaper living costs, with everyday expenses up to 70% cheaper than in the US

· The stunning beaches and beautiful countryside

· The safety factor and slower pace of life

· The comfort factor and infrastructure

When people choose to live overseas, one of the first things they want to do is replace the comforts of the home they’ve just left - and this means looking at the comfort and convenience factor.

Here are three changes to the infrastructure, which could yield big gains for those investors buying land in Costa Rica. The trick is to buy before the facilities are completed - getting in ahead of the crowd, and then wait for the herd to follow and push up prices.

Consider the following changes, and think how you could take advantage of them - here are three real life examples, happening right now in Costa Rica:

1. New Motorway: Due to be completed shortly, this road will link the largest metropolitan cities to the Pacific Coast and allow greater mobility and ease of access.

2. New Marina: The largest marina in the country will soon be completed in the coastal town of Quepos.

3. New Airport: A new international airport is being planned and will be built near the town of Orotina with direct flights to the US.

Get in Ahead of the Crowd

Buying land that’s presently for sale in Costa Rica, near any of the three developments mentioned above, can help you out-perform average growth rates - which are already impressive.

Of course, there are plenty more examples in many different areas of Costa Rica, where land that’s currently for sale will increase in price – you simply need to do some research, and get in ahead of the crowd to make above average gains.

Costa Rican property and land for sale are steadily increasing in price, and there is no reason for this trend to end - in fact, the influx of overseas buyers is likely to accelerate price rises.

Not only are US nationals buying in ever increasing numbers, so too are other foreign nationals. The major corporations are also moving in - such as Intel, Microsoft, as well as Proctor and Gamble.

All these changes will see new developments in the infrastructure to support these new arrivals - and land that’s for sale in Costa Rica will make perceptive buyers big capital gains in the years ahead.

Unlike many of the new so-called hot markets, Costa Rica is stable, the infrastructure is good, and buying is easy. In addition, the foreign investors buying Costa Rican land have the same rights as Costa Rica citizens - making it a great investment opportunity.

VIVA in Punta Leona sells out in 4 hours.

May 4th, 2007

PUNTA LEONA, Costa Rica–(BUSINESS WIRE)–Beach One Developments, a development company dedicated to maintaining a socially responsible community
and preservation of the natural ecology in Punta Leona, Costa Rica, needed just four hours to sellout the first phase of VIVA Punta Leona, a new resort
condominium project located 90 minutes southwest of San José. (more…)

Lots for sale in Manuel Antonio Community!

May 3rd, 2007

Rancho Manuel Antonio is nestled into the hidden neighborhood of Valle Pura Vida. In this development of only 14 homesites only three properties are currently available for sale on one of the highest mountains. Gated entry, paved roads and private homesites surround a common equestrian facility and community center. Each homesite is approximately 1.5 acres and offers some of the most fantastic mountain and jungle views available in Manuel Antonio. A rare residential opportunity that is guaranteed to increase in value… WE HAVE 3 LOTS LEFT and they are going to go fast>>>>>>>>>>>>>>!!! 

Chemical Plant in Alajuela explodes, burns…

May 3rd, 2007

An enormous explosion at Suministros Industriales de Costa Rica, a chemical plant, at 9 p.m. last night was a rude awakening for early-to-bed Alajuela residents. The blast was followed by a series of other blasts that sent boiling fire up to 175 feet in the air and had more than 150 firemen working feverishly until the small hours of the morning. (more…)

Energy situation in Costa Rica still flickers

May 3rd, 2007

San Jose, May 3 (Prensa Latina) Costa Rican authorities declared a national emergency due to days of a national power outage, caused by supply deficit that has resulted in a ten million dollar loss.

Union Costarricense de Camara de Industrias lists high-tech, tourism, PVC, textiles and retail as most affected sectors.

Cabinet Minister Rodrigo Arias said the emergency measure will allow the state-run ICE electricity institute to speedup allocations to replace the old deteriorated plants. (more…)

Coming Soon…Buy or Sell a Costa Rican Business on EstateRealty.com

May 3rd, 2007

Estate Realty will soon offer business brokering services.  We have come across numerous clients that want to buy an existing business, rather than trudge through all of the necessary steps to start a new business and absorb all of the headaches that surface.  Stay tuned!

Famous Mansion in Costa Rica hits the market!

May 3rd, 2007

The Baan Tong House is for sale! Local Realtors or Buyers: Contact us in CR at 288-1052 or 392-2277, or by emailing. Please schedule showings at least a day ahead of time.

This property has been re-designed inside and a pool has been added since it’s last feature in Estilos y Casas Magazine in June. Here is the information about the house, but please check the listing on our site for the latest PHOTOS and also the PHOTOS from the last Magazine shoot. (more…)

Costa Rica Real Estate is still booming

May 3rd, 2007
Costa Rica’s real estate boom continues. Supply will explode, but the country will be able to absorb it thanks to continued popularity, experts say.

BY CHRONICLE STAFF

Despite a rise in real estate prices and an explosion in hotel rooms, Costa Rica’s real estate market - already one of the fastest-growing in Latin America - has a bright outlook, experts say.“The perception of Costa Rica as a safe place is one of the reasons why the real estate market has been so vibrant in the past and will continue to be in future,” says Rogerio Basso, a Miami-based Latin America analyst with Ernst & Young’s hospitality and real estate practice. (more…)