Costa Rica Real Estate - Is there still affordable property here?
Costa Rica Real Estate
YES, THERE IS STILL AFFORDABLE PROPERTY IN COSTA RICA AND YOU DON'T HAVE TO GO FIVE HOURS AWAY FROM CIVILIZATION TO FIND IT.
I had a meeting on Friday with a marketer of Condos. He has been concentrating on selling Canadians condos in Central and South America. This year he sold about 150 condos in Honduras, Guatemala and Columbia. Another well known marketer is promoting Ecuador, of all places. They are selling $150,000 condos and $40,000 home lots in thrid world countries and in areas that are no where near as developed as most parts of Costa Rica and certainly not as developed as the Central Pacific Region of Costa Rica where Jaco, Hermosa, Manual Antonio and Los Suenos is located. The land is cheap, but the risks in these countries is high. Of course, they sell the upside potential of what these properties will be worth some day. Buy today and when you are ready to retire, these retirement properties will be worth x amount more.
We have properties in Costa Rica that are still very good values TODAY and are much better in apples to apples comparison's than in these 3rd world countries. I sold a 2 acrea lot in a gated community recently only 15 minutes from the center of Jaco for $21,000. I have $40,000 to $80,000 lots in gated communities where the infrastructure is in and the communities are secure. I have condos for as little at $69,000 for a one bedroom only one block from the beach and 2 bd units that start around $125,000 a few blocks away. I have 3 bd homes about 200 yards from the beach starting at $199,000 and I have 2100SF ocean view luxury homes starting out at $299,000. I have beachfront condos starting in the $200,000's. These are nice communities that cater to North Americans. If you can afford a little more, I have good values in higher price ranges also. You need to check out Costa Rica before you purchase in one of those other countries. I promise that apples to apples you won't find better value and equally important, you won't find a nicer place to call home or home away from home.
Here's what you need to know about Costa Rica Real Estate.
1. Costa Rica is 2nd world and parts of Costa Rica are first world (like the heathcare system, many of the roads, the water, the electricity, the telephone networks, etc.).
2. Costa Rica is the safest destination among the countries mentioned above. Even Panama, that is being heavily pushed has a much higher risk of violent crime and also drug related crime. If you don't feel safe, you won't be happy in your new home. If you feel like a target when you go out, you won't be happy in your new home. We live in Costa Rica because we are not targets here and are free to move around and enjoy all that Costa Rica has to offer.
3. Costa Rica doesn't have a military, but it is protected by the US and Canada. During the 1970's and 1980's Costa Rica was the only democracy in the region and was located close to the Panama Canal. The US pumped a lot of money into Costa Rica to strengthen its democracy and make it the most stable country in the area. The US Southern Command navigates off the Costa Rican Coasts and protects Costa Rica from Columbian drug runners.
4. Costa Rica is the oldest and most stable democratic government in Central America. Political risks associated with living in some of the countries being promoted is very high. Why risk your savings or retirement funds in a questionable area.
5. Costa Rica is conveniently located with many flights in/out each day from most major airlines (American, Continental, Delta, US Air, Frontier, Spirit, Jet Blue, Taca and more...
Contact me today for more information about purchasing real estate in Costa Rica with no obligations and a no pressure telephone conversation. I have a toll free phone number from the US and Canada and London. I am an American living in Costa Rica, I own real estate in Costa Rica, I am based in Jaco Beach, Costa Rica. I have Costa Rican's, American's and Canadian's on my staff and we specialize in assisting American's and Canadian's with purchasing second homes, retirement properties and vacation rental homes and condos near the beach in Costa Rica. I have a long list of satisfied clients and would like to add you to my list.
Ken@oceansiderealty-cr.com