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| Jaco Costa Rica Real Estate by Oceanside |
Jaco Costa Rica Real Estate Listings |
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Costa Rica Real Estate 101 Update
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An update to the magazine article reprint below that stated: "Schaafsma stated that low-end properties are currently selling for $150,000, with mid-range prices of about $300,000. The high-end of the market is somewhere in the area of $ 1.5 million. “My average property sale is $350,000.” 2010 update - We now have lots priced as low as $30,000, homes starting around $130,000 and 2 bd beachfront condos starting around $200,000. If you thought Costa Rica real estate had priced you out of the market, you need to revisit your search.
You don't have to settle for Belize or Panama to find a property that you can afford. Contact Ken Schaafsma today for assistance with a search for the best deals available that meet your specific criteria in Costa Rica.
If you are unsure, then read the Costa Rica real estate testimonials from Oceanside Realty's satisfied clients. |
Costa Rica Real Estate 101
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Costa Rica 101
By Staff from 2nd Home Journal
W
E RECENTLY spoke with Ken Schaafsma, of Oceanside Realty, in the mid-Pacific Costa Rica coastal community of Jaco Beach. He responded with a few frequently asked and sometimes humorous queries, which were “Why can’t I find an oceanfront home for $50,000? “and “How big is the island?”
Both questions display the widespread misunderstanding of the geographic and current financial realities in Latin America. In a humorous portrayal, Schaafsma said that “people who have not yet traveled to Costa Rica think you will fly in an old WWII era airplane, land on a grass runway, get on an old bus with the luggage, chickens and people riding on the roof, and finally be loaded on a river boat full of livestock before walking off the boat and needing a local with a machete to cut you a path through the jungle to your tent.”
Schaafsma says this is not so. “In reality, Costa Rica is a ‘second world’ country, meaning that a few things are ‘third world’ while many ‘first world’ things exist such as high speed internet, Cable TV (many in English), consistent power (110/220/60 - same as US), clean water, good health care and North American-standard grocery stores.
Schaafsma spoke proudly of “the stable government and the kindness of the Costa Rican people….It is like no other place on earth.”
Schaafsma says customers from the U.S. are being drawn to Costa Rica because “real estate is booming.” And it is booming because “Costa Rica offers something for everyone. From eco-tourism to the ocean and surfing to casinos and nightlife. Costa Rica has activities for all ages and interests.”
One reason is “accessibility. You can leave the US or Canada in the morning, arrive at the San Jose’s modern airport (San Jose) which is served by major U.S. airlines, in the afternoon”
Another draw for investors is “low taxes. Annual property taxes are low. You pay approximately $250 per $100,000.” Also, “foreign buyers can own the Real Estate. Unlike Mexico, and other Central and South American nations, foreign nationals can own oceanfront property….(and) “availability of titled oceanfront property is limited. Land transfers are secure. Title insurance is available….”
Schaafsma stated that low-end properties are currently selling for $150,000, with mid-range prices of about $300,000. The high-end of the market is somewhere in the area of $ 1.5 million. “My average property sale is $350,000.” |
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Jaco Beach Costa Rica Office:
Address: Pacific Center #30, Pastor Diaz, Jaco, Garabito, Puntarenas, Costa Rica,
Phone: 011-506-2643-2545 / 011-506-2643-2546
Toll Free from USA / Canada: 1-866-847-9526
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