Costa Rica Real Estate: Get It While it's Hot!

It used to be that when Americans thought of places to purchase foreign real estate, the Virgin Islands, the Bahamas, Jamaica, and maybe even Mexico came to mind. Today, those are all still excellent places to own land…if you can afford it. However, if you’re just now throwing your hat into the foreign real estate market ring—especially if you’re not working with a millionaire’s budget—Costa Rica Real Estate is going to be an excellent buy as well. 

Costa Rica Real Estate is an excellent investment because of a number of factors. Here’s a look at the top three:

Costa Rica’s economy is strong. Major corporations are opening offices in Costa Rica, tourism is up, and Costa Rica’s export industry is thriving. That’s all in spite of the fact that most people still think of Costa Rica as a non-progressive, second world country like some of the other Latin American countries. Imagine how interests will grow as people learn how much of an economic powerhouse Costa Rica really is!

Costa Rica an exceptional location. It may be similar to the other locations I mentioned above but it’s definitely not the same. It’s a tropical atmosphere with city and rural areas, unmatched biodiversity, and a government that encourages both real estate investment and entrepreneurship.

Investing in Costa Rica real estate just makes financial sense. In fact, the overall reason that Costa Rica real estate is a very good buy comes down to pure economics. Supply is high and demand is moderate, so Costa Rica real estate, primarily land can be (and is being) sold at bargain prices. Investors can currently buy land in Costa Rica for 50% to 75% less than what an equivalent purchase would cost in the United States or a tropical locale. Plus, those who do invest in Costa Rica real estate typically see a significant return on that investment in 24 months or less.

You will get a consider value in terms of more land (or property) for your money if you invest in Costa Rica real estate and you will see larger returns in less time on Costa Rica real estate as opposed to some other areas. The key, however, is to buy smart and buy soon. After all, it’s only a matter of time before undeveloped land becomes sparse and prices skyrocket. Remember: Once upon a time, Mexico, the Virgin Islands, Jamaica, and the Bahamas had investment opportunities like those currently available with Costa Rica real estate. Values and prices have risen significantly as will happen with Costa Rica real estate soon.  Commercial loans are available to developers and builders for Costa Rica real estate through www.CaribbeanMortgageLoans.com