It can also be a lucrative source of passive income.
When choosing properties for investment location is critical.
Location is why investors often choose Costa Rica real estate.
Advantages of Investing In Costa Rica Real Estate
Costa Rica is a beautiful country which is blessed with a mild climate in the central highlands and an irresistible subtropical temperatures in its coastal areas.
Situated in the heart of Central America, Costa Rica provides easy access to North and South American markets and ocean access to European and Asian countries.
Costa Rica has 2 major international airports with daily flights from many US cities.
Due to Costa Rica’s strategic location, investors in various industries and many parts of the world have set up businesses here.
Costa Rica has an extensive highway system, airports, seaports, and an advanced telecommunications system for land lines, mobile telephones and Internet.
It has an abundant water supply and a reliable hydroelectric power supply, considered one of the cleanest sources of renewable energy in the world.
98% of Costa Rica’s electricity is generated from hydroelectric, geothermal, and wind sources.
Costa Rica is continuously expanding its infrastructure and consequently, the values of its real estate.
Easy Real Estate Acquisition Rules
There are no real estate restrictions or special conditions for foreigners.
The same law for buying and sell property applies to foreigners and citizens of Costa Rica.
For More About Buying Property In Costa Rica, Go Here.
Political & Economic Stability
Costa Rica is a democratic republic with a strong system of constitutional checks and balances.
It currently enjoys investor confidence as foreign investments are increasingly flowing into the country.
Thriving industries include electronic components, medical equipment, textiles, apparel, tires, food processing, construction materials, fertilizers and plastic products.
Quality of Life
Costa Rica is number one on this year’s Happy Planet Index.
The Happy Planet Index is an annual survey done by the British think-tank, New Economics Foundation.
The Index measures the level of happiness in every country throughout the world. It calculates a country’s “happiness” by measuring its “sustainable well-being.” The ranking system establishes an undeniable link between happiness and the environment or nature.
Costa Rica has topped the list this year for the second time. Its national conservation policies, small ecological footprint, high quality of life, and life expectancy are all well above average.
The motto in Costa Rica is “Pura Vida”. It means everything is good. You hear “pura vida” from everyone.
Life is good in Costa Rica.
Maybe that is why over 130,000 American citizens, many of whom are retirees, currently reside in Costa Rica.
Choice Costa Rica properties are still available for investment.
Ideas for investment include:
- Land for commercial ventures
- Buying a business for cash flow and investment
- Building vacation rentals
- Buying House(s) for resale or to live in yourself
- Office rentals
- Beachfront lots (an ideal option for building that dream home by the beach)
- Holding land and letting the market appreciate before reselling
- Buying land to develop as a residential community
Find quality properties in Costa Rica, Click Here.
Before Investing, Learn About These 7 Tips For Investing In Costa Rica. Click Here For Your Investment Tips.
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