Kenneth Schaafsma
Oceanside Realty Prime Jaco Beach Costa Rica Real Estate

Avoid The Learning Curve - Contact Oceanside Realty First!


Real Estate in Jaco Beach, Costa Rica is Booming



Why Purchase your retirement property or vacation home in Costa Rica's Growing Real Estate Market?

1. Costa Rica Real Estate is Strong and unlike Florida, Nevada, California and other North American markets that are seeing a slowdown, Costa Rica real estate is just beginning. In many cases, available properties can appreciate 3 or 4 times before reaching the price of comparable property values in North America.

2. Costa Rica is a worldwide real estate market. Foreign investment in Costa Rica is up almost 300% in the first quarter of 2007 vs same quarter in 2006. Also, the Euro and Canadian Dollars are very strong which makes their purchasing power in Costa Rica a very appealing.

3. The Boomers are coming! Thousands of Baby Boomers are retiring and millions of others are approaching retirement age. This generation is looking for more than their parents and grandparents did when they were retiring. Costa Rica offers them stability, adventure and safety all in a tropical setting in an aluring environment and the Boomer Market is recession proof as they have already accumulated their wealth through years of hard work, good investing and sacrife and now they are rewarding themselves by enjoying it!

4. Recession Proof. Costa Rica is the choice of savy retirees, investors and others looking to purchase property in Latin America. While Mexico is feeling the US real estate slump because of subprime mortages (not available in Costa Rica) other Latin American countries may offer lower prices than Costa Rica. Buyer Beware! Lower prices means higher risk and unnecessary market vulnerablity. Hedge your risk - purchase your vacation home or retirement property in Costa Rica.

5. Costa Rica Benefiting from US Subprime Crisis. Real estate in Costa Rica continues to grow despite the subprime mortgage problems in the US. Costa Rica is actually benefitting as many US investors are now investing in Costa Rica rather than in stagnet North American Markets. As International Banks such as HSBC, Citigroup and ScociaBank experience declining business in North America, they are opening up their loan programs in Costa Rica, making it easier for foreigners to obtain financing and becomming competitive. Also Baby Boomers continue to search out tropical, oceanfront properties for retirement.

6. Costa Rica is 2nd World - Not 3rd World Country. Excellent healthcare, good education system (95% literacy rate in Costa Rica), good economic conditions all contribute to the desirability of Costa Rica for North Americans and Europeans wanting to invest, live, vacation and retire in Costa Rica. Developing areas such as Jaco Beach have an abundance of clean, drinkable water, access to health care, high speed internet, cable and satellite TV with US / English speaking stations, great food, low cost of living (compared to North America and Europe) and personal safety.

7. Stable Government. Costa Rica has one of the oldes democracies in Latin America and known as the Switzerland of Central America. Even during the 1980's when most of Central American governments were struggling, Costa Rica was secure and stable. Also take note that the currency is stable and inflation is in check.

8. There is so much to do for everyone...Costa Rica's Vacation Activities and Tours. The abundance of activities for all ages makes Jaco Beach, Costa Rica a prime vacation and retirement destination! Activities include swimming, surfing, sunning, horse back riding, rafting, fishing (best in the world), golfing, hiking, biking, eating, drinking, casinos (gambling), dancing (night life), touring (volcano, waterfall, rain forest, mountain, ATV, horse back), lounging, zipping (canopy tour), bird watching, para sailing, butterfly watching, monkey viewing, spas, state parks, internet surfing, and more...

9. Location. Location. Location. Costa Rica is a tropical paradise. Year around temperatures in Playa de Jaco average in the 80's (27 C) to a max in the low 90's (33 C) with comfortable nights (60's) and a mild ocean breeze.

10. Costa Rica is accessible...Be there in hours. Costa Rica is located in Central America. You can leave your northern home in the United States or Canada in the morning, arrive at the modern airport (San Jose) served by major U.S. airlines (United, Continental, American, others) early in the afternoon and after a short 1.5 hour drive to Jaco, can be sipping a tropical beverage while watching a stunning sunset over the Pacific Ocean.

11. Pre-Construction Discounts. Buy now and enjoy many pre-construction discounts associated with various new projects being built in / around Jaco Beach and the Central Pacific Coast of Costa Rica.

12. Oceanfront Property is Limited. As titled Costa Rica ocean view and beachfront property is developed in desireable locatioins and it becomes more scarce, demand will increase and values will rise. Note - there is a limited amount of titled beachfront property in Costa Rica as 95% of it is concession land (rented from government). Buy now while you can!

13. Low Taxes. Annual property taxes are low. Pay only $250 per $100,000 of declared value. Compare that to coastal real estate in The United States, Canada and Europe!

14. Own the Real Estate. Unlike Mexico, most of Central and South America (including 95% of oceanfront property in Costa Rica), foreigners can own oceanside property (not just lease) in Playa de Jaco, Costa Rica. Most inland property in Costa Rica is also titled.

15. Buy Discretely. Form a corporation (that you own) to purchase the property. Your name never appears on the title. Form an off shore corporation and you may qualify for additional tax savings and deferrments.

16. Secure Title. Assure a secure investment as Title insurance is available in Costa Rica from major US companies such as Land America and Chicago Title. Note - Costa Rica's National Registry is also available to the public and provides information regarding leins, annotations, etc.

17. A Great Place to Retire. Escape the husle and bustle of busy North American life and retire to a quiet, naturally beautiful country with all of the amenities of home.

18. New Highway Under Construction. A new highway system is being constructed between San Jose (the capital of Costa Rica) and Playa de Jaco. This highway will reduce the transit time to / from the airport to approximately 40 minutes, making it a very convenient location for vacationers and driving up demand for prime Jaco Beach real estate.


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