Costa Rica Land For Sale - Smart Investors Buy Where The Market Is Smoldering
Real estate investment is excellent in all areas of Costa Rica but those who invested in Costa Rica real estate in the past, especially the Northern Pacific coast, are now seeing great returns. Some of those investors have seen ROIs of up to 200% on their investments in less than three years. While it's expected that Costa Rica's real estate market will continue to thrive in general, the real estate market on Costa Rica's Southern Pacific coast is also picking up momentum.
Want proof? Well, even the Costa Rican government believes that there's potential for major investment opportunities on Costa Rica's Southern Pacific coast. They've already built a state-of-the-art, 80,000 sq. ft. medical center to service the region and more big things are in the works; two of them that will certainly boost the value of land on the Southern Pacific coast of Costa Rica are the new international airport and the extension of the Costanera Highway. The highway will finally connect the North Pacific coast with the Southern Pacific coast and the airport, well that will do away with the 3.5-hour drive from the Juan Santamaria International Airport in San Jose to Costa Rica's Southern Pacific coast. Both projects will have an immense impact on the Southern Pacific region because they will bring something that the area has never really had before&easy accessibility!
The fact that Costa Rica's government is pouring money into the Southern Pacific coast isn't the only reason why the South Pacific region is a quickly becoming a white-hot real estate market. The incentives the government is offering to foreign investorslow property taxes, full property ownership, extremely affordable pricing, etc.is also sparking interest in the Southern Pacific coast of Costa Rica. Additionally, those looking to invest in Costa Rica real estate find that the area provides more options that the other regions of Costa Rica. The Southern Pacific coast of Costa Rica is still a somewhat remote area (though there are paved roads, access to utilities, and people already living in the area) so it is less developed and thus less crowded than other parts of Costa Rica.
Perhaps the greatest factor that gives the Southern Pacific coast real estate its sizzle its varied terrain. There are ocean, mountain, and valley views available, all within miles of each other. Some of the developed Southern Pacific coast real estate also has rainforests, which is a big plus since Costa Rica's exotic ecological features are what attract many foreigners to the nation. Those four factors, coupled with all of the government improvements, signify that there is mucho dinero to be madefor the country and those that invest in Costa Rica real estate.
by David Lovendahl, Developing Paradise
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Today Norm Goldman, Editor of Sketchandtravel and Bookpleasures is pleased to have as a guest Erin Van Rheenen, expert on travel to Costa Rica and the author of Living Abroad in Costa Rica.Good day Erin and thank you for accepting our invitation to be interviewed.
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