Why Costa Rica Real Estate?
Economic
Investment Potential
So the government promotes real estate in Costa Rica by supporting the local economy, social welfare and infrastructure improvements. Strong financial policies and low ownership restrictions further enable business in Costa Rica. These things set the stage for an excellent investment in an emerging market. What is the real potential? One must look at the natural gifts of Costa Rica for that answer. The most solid asset a country has is the intrinsic value of its real estate. The iron range, bread belt, rust belt, coal mines, copper mines, orange groves, ranches, port cities and size give the U.S. their most valuable and durable wealth. Costa Rica similarly has assets of this type. Coffee, bananas and other fruit, software, medicine, education and port cities give Costa Rica sustainable wealth as a growing nation.
The other asset is cheap tropical real estate in a safe and accessible country. Mountains with rainforests and jungles and unique wildlife make a wonderful place for a second home or a retirement home. Due to the proximity to the equator, they never have hurricanes. It is warm year round and with a little elevation, there is relief from the heat. Homes are insurable and so are their titles. Yachting, deep sea fishing, scuba diving, surfing and swimming are at your back door. Excellent terrain for ocean front golf developments is abundant. These are features that no country can create. Either you have it or you do not. With prices ten to forty times less that similar property in Florida, Costa Rica is the new frontier for snow birds, second home owners, real estate speculators, outdoor recreation enthusiasts and retirees. For those more familiar with Florida, one can equate Costa Rica's policy towards its nature to the attitude that developed Sanibel Island and the Captivas. Strict and strongly enforced rules will help Costa Rica avert the over saturation issues that most fantastic natural destinations incur and help them maintain the natural beauty for those who own homes and land much like this special area of Florida has done.