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Buying Costa Rica Real Estate – Seven Things You Need to Know

Buying Costa Rica Real Estate can be quite an impressive adventure and as such demands a great deal of information to make the best out of it. Thus, one needs to know certain facts especially if you are not a resident of the place. However, when it comes to property acquisition in Costa Rica, foreigners possess as much right as the residents and citizens.

We all know this much; Costa Rica is one of the world’s best tourism destinations that could easily persuade you to extend your holiday. It is also wise to get as much as possible information in order to prevent that your real estate investment shopping turn into an unpleasant experience. Your intentions might be to invest in real estate by acquiring it, develop and or renovate is and resell it to make a profit or to keep the property as an investment. Whichever the case may be, there are some important guidelines you need to follow in order to make a successful investment in Costa Rica real estate.

Taste is everything and your style will define your need. All these come into play when you are considering a serious investment in Costa Rica real estate properties. As it were, one should bear in mind that Costa Rica thrives very much in tourism and attracts investors, visitors, and immigrants on a relatively consistent basis. This makes it an interesting experience to invest in the real estate. Of course, there are a lot of locations that might conflict with your style, need, and taste. This is why one has to determine first what one’s tastes are and the purpose or driving need for the investment in Costa Rica real estate. This ensures you make an informed decision and drive a good bargain that suits your taste.

The second point to note is that there is no need for you to make a hasty decision when you opt for investing in real estate in Costa Rica. Ensure you make a list of all the things you are hopeful to find on the property so you can make rational comparisons and considerations before making the investment.

Thirdly, research is very essential. You might need to go online to make your research on the properties and fourth, where they are actually located. Sometimes you might need to make calls and need a local guide to get through very detailed and useful information. And don’t forget to take some time for yourself to enjoy the local surroundings and relax. If you’re in the Tamarindo Beach area, we recommend Tamarindo Muscle Therapy, they provide sports massage and physical therapy with a beach view to locals and tourists alike.

A wealth of information is made available at your disposal when a thorough research is carried out. Such vast and essential information include the utilities and services obtainable at the location of the real estate property – that’s your fifth priority. The rules and regulations relating to certain real estate properties and the risk involved if any.

If anything is to be taken for granted or for an oversight, it should most definitely not be your investment into Costa Rica real estate. The cost of the real estate should form your sixth priority. You should be able to make comparisons with other prices. Of course, you can never guarantee what you are getting with every real estate deal. There are no measures to determine if you are swindled or not. Therefore you need to make sure that there are not more than one price tag to the property – a price for the foreigners and a different one for natives.

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Why Invest in Costa Rica Real Estate in 2017?

 The costa rica real estate market in is thriving, and over the past years, the country has become more and more popular as a tourist destination.  In Costa Rica, you will find excellent communication services (landline and cell phones and faxes) and high-speed Internet.

In El Cajon de Grecia, where we live, we have a stable Internet connection as well as American television.

Costa Rica is characterized by its economic diversity.

People from all over the world come here all the time to enjoy their holidays in a safe, beautiful country. In 2006, 1.7 million international visitors came to Costa Rica, helping the country earn $1.6 billion in tourism receipts. The country ranked first in Central America and second in Latin American and the Caribbean region in the 2008’s Travel & Tourism Competitiveness Report released by the World Economic Forum.

Costa Rica is Latin America’s largest exporter of technology products to the U.S., which is also Costa Rica real estate largest trading partner. It has the second most energy-efficient economy in the world. Plus, 99% of the country’s electricity is generated from renewable resources, mainly hydroelectric. Find out more in this site : www.theoakstamarindo.com

The country is also characterized by its ecological diversity.

Costa Rica’s sunny beaches, rich rainforests, variety of wild animals, and amazing mountains attract American, Canadian, and European investors to the Costa Rica property market. The country is regarded as the “ecotourism capital of the world.” Costa Rica’s ecology and natural beauty are its main attractions, and the government always makes plans to preserve them. 25% of the country’s land is protected, and 25% of tropical biology research worldwide is carried out here.

There are more than 850 species of birds, and more than 80% of visitors coming to Costa Rica are eco-tourists.

 More when condos for sale in Costa Rica:

  • World-class medical and health care services, including plastic surgery and dental implants, are available at knock-down prices. Costa Rica has one of the longest life-expectancy rates on earth (77 years). Click here !
  • Costa Rica also supports gender equality. It ranks seventh in the world by percentage of women in Congress, and 53% of the country’s top public officials are women.
  • The real estate hot spot in Costa Rica nowadays is the Central Valley. Specifically in Grecia, the weather is temperate year round, the quality of life is simply incomparable, and the real estate prices are much lower than those in the U.S.

Even though Costa Rica real estate is widely regarded as a safe and well-governed country and the vast majority of Costa Rica’s real estate transactions are carried out without any problem, you should always research and investigate any foreign property you consider buying. You should also visit Costa Rica in person before you make any property purchase.

As you can see, it makes a lot of sense to invest in Costa Rica real estate. While the U.S. real estate market seems not likely to recover any time soon, Costa Rica’s tourism industry and economy are always on the rise.