It is an incredible exciting time for Costa Rica Real Estate. Learn what countless savvy investors already know!
The Right Place All up and down the coast bulldozers are at work incessantly and in the airport investors talk in urgent tones about the money to be made. The market is reminiscent of a “Gold Rush” in the days of the Wild West ! Developers are currently in discussion with numerous major hotel chains whose market research point to Costa Rica as the next Puerto Vallarta corridor in Mexico.
The Right Time With its majestic beauty and abundant biodiversity Costa Rica was always destined to be a highly sought after vacation and retirement local. According to the Instituto Costarricense de Turismo (ICT) 1.6 million tourists visited in 2005. This number is expected to reach 4 million by 2012, which is the actual population of the entire country. Foreigners are moving to Costa Rica faster than developers can build the homes for them.
The Right Returns Since 2005 prices have doubled and in some cases quadrupled and all indications point to land prices continuing to skyrocket. Nobody is talking about the bubble bursting and it is not too late! With decades of economic and governmental stability as its foundation and progressive political policies dedicated to fostering foreign investment and overall economic growth, Costa Rica’s future looks very bright!
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