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USS Iwo Jima Marines, Sailors make splash in Miami
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USS Iwo Jima Marines, Sailors make splash in Miami
Marines and Sailors currently deployed aboard USS Iwo Jima for Continuing Promise 2010 visited southern Florida and received special recognition from civic and military officials, July 19-21.
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read comments (0)Un abrazo de Costa Rica..
Author: admin

Image taken on 2007-10-09 20:53:48 by –Tico–.
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What are good things to do in costa rica?
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Im going to costa rica in a few weeks what should i do? p.s. im an adrenaline junkie can you rent dirt bikes there?
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Two Metairie men arrested by State Police for video poker fraud
Two Metairie men under federal indictment for allegedly running a gambling business through a Costan Rican offshore betting service were arrested by State Police Tuesday on new charges related to video poker fraud. JPSOShane Muscarello Shane Muscarello, 37, of 1419…
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Costa Rica Tree House Worlds Most Extreme Houses
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Video review from HGTV’s Worlds Most Extreme Houses of the beautiful Tree House. You can find more about the Tree House in www.vrbo.com
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Costa Rica real estate prices have risen strongly over the last 15 years and investors that purchased $30,000 of property in the town of Jaco, 15 years ago are now worth as much as $800,000.
But can this strong growth continue? Letâs find out.
While investors are looking at other countries in Central America Costa Rica offers better risk reward for the following reasons.
Costa Rica
Costa Rica property investment does have new emerging rivals such as:
Honduras, Belize and Nicaragua but these markets are more volatile and offer higher risk than Costa Rica, letâs look at the reasons
1. An established track record
Costa Rica real estate prices have been rising strongly for 10 years and it has become a mature market.
While many investors think that prices canât go higher, they probably will â As real estate bull markets tend to be very long term.
Why?
Quite simply, there is a track record of growth and all the factors that were present 10 years ago driving prices higher are still there and demand will continue driving prices higher.
2. The Major Attraction
The major attraction of Costa Rica real estate is that real estate costs around 70% less than equivalent property in the southern US states.
Many investors however are thinking well if Costa Rica has shown such great real estate gains then they should buy countries like Nicaragua, Honduras and Belize, as their cheaper and prices have more upside.
However, this is not necessarily so.
Why?
Because a new emerging market may take off but the majority donât.
You can buy property cheap but itâs cheap for a reason â There are some great cheap properties in Haiti but there is no reason why they will go higher at present.
An extreme example, but keep in mind:
When buying property you donât want to buy the cheapest real estate, simply because most emerging markets donât take off.
You want to buy competitively priced real estate with good upside potential and low downside risk.
If you want double digit annual gains with low downside risk, then Costa Rica real estate can provide this
for the following reasons.
3. It has an established foreign community
If people are looking at buying overseas real estate they like to buy generally in an established community where they can be amongst their own and not be on their own.
When a foreign community starts to grow it attracts other foreign investment.
Many people like living in country where they are the only ones and join in with the locals but most don’t.
4. Cost of living and Amenities
Consider this:
The baby boomer generation is starting to retire and they are in many instances with a bleak scenario:
Most will not be able to have the same standard of living their used to now.
They simply havenât saved enough.
Inflation is eating into what they have.
State support is less medical care costs are high, their living longer.
Many are already seeing Costa Rica as a way to maintain and improve their standard of living.
Not only is the standard of living cheap but in terms of Central American countries infrastructure and amenities are excellent and they are part of a large foreign community just 3 hours from the US in one of the most stable and safe countries in the world.
Demand
Will continue to grow for Costa Rica real estate and this will give great upside potential with low downside risk.
Sure other countries in the region may take off â The important consideration here is may so the risk is high.
Costa Rica real estate offers a safe choice with good upside potential and thatâs what most investors want
Expect Property prices to continue to rise in the coming decades.
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Vaca “On the go” – Cow Parade Costa Rica 2008
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Image taken on 2008-03-30 14:40:55 by mdverde.
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Bird of Paradise pose in Costa Rica
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Image taken on 2009-02-24 08:08:34 by lululemon athletica.
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Los Angeles Judge Dismisses Sterility Verdict Against Dole
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Costa Rica continues to be popular with overseas property investors due to 4 specific reasons that give it a huge edge over its rivals, for investment property or second homes.
Letâs look at these reasons in more detail.
1. Capital growth potential
Itâs an established market yet ever increasing numbers of buyers mean that it still produces great gains with low risk.
Letâs look at an example.
A property bought near the popular resort of Jaco just 15 years ago for $30,000, is worth almost $800,000 today and savvy investors are still making 30 â 100% capital gains per annum.
This stunning growth is still available because, popular resorts and infrastructure are expanding.
By buying near these new developments you can take advantage of price increases as the developments are completed.
Keep in mind, that beach front property is still available at up to 70% less than in the USA and Costa Rica is just a few hours by direct flight from the southern USA.
So its literally like moves states in terms of distance.
As with any overseas property investment location is the key and looking out for future property hot spots can yield big gains with low downside risk.
2. Affordable Living
You can live far cheaper in Costa Rica than in the USA and this is attracting an increasing number of âbaby boomersâ who want to make their retirement funds go further.
You can live comfortably on around $2,500 a month and this is highly attractive for people retiring on limited funds.
3. Lifestyle
Of course, affordable living is great, but you still want all the comforts you are used to and Costa Rica offers a lifestyle that is hard to beat at any price.
You get a great infrastructure, all the entertainment you could want as well as beautiful surroundings.
Costa Rica offers pristine beaches, crystal blue sea, stunning rain forest, volcanoes, mountains waterfalls and an abundance of wild life â making this a truly affordable slice of paradise.
Over 100,000 foreign investors have already come to Costa Rica and many more are coming.
This means that foreigners feel comfortable â they have all the comforts of home, a large community they are familiar with and finally, it all costs a lot less for a comfortable lifestyle.
4. Security and ease of purchase
Costa Rica property investment remains low risk as the country is:
Safe, serious crime is rare and the government encourages foreign investment which makes the buying process simple. For example, you get the same rights as residents and a property investment is very tax efficient.
There are a wide variety of specialist Realtors who will help you buy the Costa Rica property of your dreams.
Add it all up
Overseas property investment in Costa Rica Offers you not only a luxury lifestyle it also gives it to you at a cost you can afford.
It also gives you the potential to make big capital gains, which is an appealing combination for many people.
Costa Rica remains the number one destination for Americans and other foreign nationals due to the unique combination of benefits above and will continue to attract more and more investors.
Consider the benefits of overseas property investment in Costa Rica and you may be glad you did.
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