Posts Tagged ‘Estate’
Q&A: Where are the up and coming places to buy real estate in Costa Rica?
Question by OuiOuiChica17: Where are the up and coming places to buy real estate in Costa Rica?
Costa Rica seems to be the hot spot to buy in. Do you think the market has topped out? If no, where are the good places that are real up and coming where I should invest?
Best answer:
Answer by The Computer Genius
wow there are many places to buy in costa rica one of my clients is a real estate agency and they have Houses near San Jose, some projects in the beaches, and some other stuff…. Costa Rica.. I can get you in contact with that agency they have packages with information at hand.
Yes you need to be cautious when investing in foreign countries alike within the United States. You don’t need to have a corporation, all you need is to be labeled a resident which you can do through the Costa Rican Consulate withing the USA. and a Notary can act as the Attorney when purchasing, flipping, or renting a house in Costa Rica. its the same as within the USA.
What do you think? Answer below!
KarenRealEstate.com Marked its 13th Year of Business in Costa Rica Real Estate with the Launch of a Compelling New Design
Escazu (PRWEB) September 22, 2010
Karen Real Estate marked its 13th year of business with the launch of a compelling new website design at karenrealestate.com, allowing potential clients to search properties with ease and efficacy by both area and realty type. Now it is just as easy to browse by Costa Rica’s seven provinces – Alajuela, Cartago, Guanacaste, Heredia, Limon, Puntarenas and San Jose – as it is by the seven major genres of Costa Rica real estate – beach properties, businesses, condos, farms, homes, hotels and land.
In addition to providing detailed property descriptions and comprehensive photos, KarenRealEstate.com also presents environmentally relevant features ranging from Ecologically Friendly Tips to Organic Compost, plus an indispensible fire sale section. Spotlight articles provide practical and up-to-the-minute information that aids inquisitive buyers, primarily from the United States and Canada, in making the leap to invest in Costa Rica.
“We wanted to expand the criteria and how you can search, making the site more user-friendly,” says Chris Prasad, Karen Real Estate’s marketing manager. “If a visitor has the dream of owning a condo in Escazu or a home in Guanacaste, or just wants to do research to see what’s on sale, it’s all very easy to navigate. Since revamping, we’ve seen much better ranking and significantly more hits.”
According to the Tico Times and the Costa Rican branch of NAI Global (the premier international network of commercial real estate firms), now is the time to be making such enhancements. The country is experiencing an economic upswing in real estate, which can be attributed at least in part to the fact that national banks are unfurling credit lines for residents that were closed for all of 2009. To a large extent, market improvements also reflect the recovering status of affairs in the U.S.A.
About Karen Real Estate: Founded by Karen Ebanks in 1997, Karen Real Estate is one of the longest operating and most successful real estate companies in Costa Rica. Karen works with innumerable brokers in major cities and towns throughout the country. The company has been featured in local newspapers like the Tico Times, and was recognized in 2006 by the international television program House Hunters on HGTV. For more information, please visit http://www.karenrealestate.com.
Karen Ebanks
US Tel: (954) 234-2210
Costa Rica Tel: (011) 506-8367-4533
http://www.karenrealestate.com
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Paradise Brokers Launches Website Designed for Real Estate Investors
Paradise Brokers Launches Website Designed for Real Estate Investors
Dominical, Costa Rica (PRWEB) January 28, 2007
Paradise Brokers,, a leader in Costa Rica real estate development, today announced the launch of its website at http://www.paradisebrokers.net. The website offers an overview of the Costa Rica real estate market and resources to learn about investing in Costa Rica land. Turn on your sound, go to the website and be lured to paradise.
Visitors to the website’s ‘Home Page’ are greeted with a personal welcome message from Nick Halverson, COO of Paradise Brokers. “We wanted to create a visually appealing website that is both informative and entertaining, where visitors can get an understanding about who we are and what services we offer,” comments Halverson.
The website focuses on the development of Costa Rica real estate, which Paradise Brokers refers to as “developing paradise”. The investment company acquires and sells raw land and advises clients throughout the entire research and purchasing process. Paradise Brokers offers a 100% Money Back Guarantee, along with many other services, as described on the ‘Services’ page.
COO Nick Halverson,Chairman of the Board, Duane Halverson, CEO Jim Gale and Sales Director Ben Vaughn make up the management team of Paradise Brokers. Together they have more than forty years of experience in land development and lead a team of engineers, surveyors, topographers, and architects to research each property in detail before acquiring it. Visit the ‘Biographies’ section for detailed information about each Paradise Brokers partner.
Hear what satisfied customers who have purchased Costa Rica land are saying by visiting the ‘Testimonials’ section of the website. It will give you a small taste of what this company brings to the table.
Registering for the free investor’s newsletter keeps visitors informed about [Costa Rica. The newsletter reveals why investors are flocking to this jewel of Latin America countries and contains information on the culture of Costa Rica, golfing, cuisine, the economy, the low tax structure, and more. Simply enter your first name and email address to receive the weekly investor’s newsletter. Select ‘Newsletter #1′ from the menu to see the first published newsletter.
A free DVD and Investor’s Report are available. They explain what’s happening in one of the hottest real estate markets in the world and provide insight into the benefit of investing in Costa Rica property. To request a CD, visit the ‘Special Offers’ section, or any page where the CD appears.
An easy-to-read ‘Site Map’ simplifies navigation and is a great starting point for anyone who has heard the chatter about this wondrous land and wants to know more. Read, peruse and enjoy.
About Paradise Brokers
Paradise Brokers (http://www.paradisebrokers.net) is ‘developing paradise’ in Costa Rica as a full service real estate investment, development and property management company. Whether you are interested in panoramic ocean views, waterfalls, golf course lots, or mountain and river views, Paradise Brokers has it all: financing available. Their four offices provide unparalleled service and accessibility and that’s why COO Nick Halverson says, “We didn’t create paradise, we make it accessible.” Paradise Brokers’ lucrative program has a 100% money back guarantee and they will arrange all your travel, lodging, and excursions. For a limited time, get a $ 1,500 reimbursement upon visiting your new property.
For more information call 1-877-CRLand1, (275-2631). Grab your FREE 40 minute DVD and the ‘Blueprint to Costa Rica Riches’ NOW at http://www.developingparadise.com.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Cheap Second Home, Property for Sale, Costa Rica, Costa Rica Real Estate
If you want a cheap second home, maybe some beach front property? That you can enjoy and make money from then it’s a lot easier to achieve than you think.
For example, 100,000 Americans alone have done it and many people from other nations. So what have they done?
US Property is expensive but just 3 hours by direct flight in Costa Rica American’s are buying beachfront property at up to less than 70% of equivalent property in
Costa Rica Real Estate Boom
With the past few years, real estate in Costa Rica has been skyrocketing, and many people are calling it the Costa Rica real estate boom. In the past decade the market has definitely changed, and prices for real estate in this country have increased dramatically as the country has become an international community. In fact, if you look at prices from 10 years ago, you’ll notice that the prices have at least doubled, and in some cases they have actually tripled from
Encuentra24.com in Magazine Format for Costa Rica Real Estate
Encuentra24.com in Magazine Format for Costa Rica Real Estate
Panama City, Republic of Panama (PRWEB) January 29, 2007
Swiss Panama Group, Corp. the Panamanian company responsible for the development of Latin-American Web portals such as encuentra24.com announced its strategic alliance with Costa Rican company, Comunicaciones Tu Casa Mi Casa, S.A.
During the visit of the commercial director of the Costa Rican company in Panama, a broad business agenda was discussed, which included as a principal task, the implementation of a new magazine called Encuentra24.com Costa Rica real estate. The website that shares the same name, with only 18 months available online, has worked as an automated supply of property listings for Panama and Costa Rica. With the launch of the printed magazine under the commercial management of the new tactical partner, the corporation will lay down a new promotional method through the media synergy that internet and a printed magazine represents.
Costa Rica real estate owners who post their listings and agree too have their ads also on the magazine, will be able to do so, without additional cost from February 15 on any of the 10,000 monthly full color copies published. The 8½”x11 size pages will include apartments, land, and homes in Costa Rica and will be distributed in hotels, malls, car rentals, bancs, supermarkets, gyms, and McDonald’s restaurant, where any one can feel free to take a free copy from any San Jose, Puntares, Guanacaste and Cartago establishment.
The decision Swiss Panama Group made to consent on the aggregate value which, circulating an encuentra24.com magazine, is born from the statistical traffic increase of incorporating listings from the neighboring country would mean. The number of monthly visitors has shown an increased of 12% including more than 4 million page views according to its Google Analytic tool capable of measuring pageviews, clicks through rate, impressions, user fidelity and much more. Even thought the real estate boom in Panama begun many years ago, it still is a relatively new market and since earthquakes are not at all an inconvenience for the popular city, furthermore the impact can easily be seen in the development skyscrapers and apartments in Panama. However, Cost Rica, has been known for years as an ideal country to have a second home.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Costa Rica Real Estate Expert & Former Fugitive Charles Boyd Appearing in Tampa to Educate Investors on August 12th
Costa Rica Real Estate Expert & Former Fugitive Charles Boyd Appearing in Tampa to Educate Investors on August 12th
Sarasota, FL (PRWEB) August 4, 2010
Charles Boyd returns to Tampa on August 12th to educate investors on doing business in Costa Rica, something he learned himself through a series of difficult decisions. In 1999, his options were: spend a mandatory minimum 12 years in prison, testify against his suppliers, or leave the country. Under the power of a life-controlling addiction and hunted by dangerous men, he chose to run.
“I was active in my addiction at the time and absolutely scared out of my mind,” Boyd says today. “I had armed men trying to track me down to assure that I would not testify, the law was looking for me, and I felt like there was no other way but to leave.”
By the time Interpol found him in December, 2007, Boyd had been clean for over 3 years, thanks to the first English-speaking Narcotics Anonymous group in San Jose, Costa Rica. He had also married a native, had a one-year-old son and had built a successful business helping North Americans purchase property in Costa Rica.
Then came the most difficult decision of all.
In his nearly 8 years in Costa Rica, Boyd had also found something else: a faith that called upon him to do the right thing.
“Extradition to the United States was not likely to occur because of my young Costa Rican son,” Boyd explains. “However after many visits with my sponsor and pastor, I started to see that this was not going to end unless I came back to the states and faced the music.”
But his biggest hurdle was convincing his Costa Rican wife that this was the best move for the couple and their young son.
“At first she did not want to accept it, but after a few days and a couple more visits in that immigration jail, she went to church with a friend.” Boyd explains. “Afterward she returned to tell me that she indeed understood.”
Boyd made the decision to sign the voluntary deportation papers, and although he immediately questioned the decision, he was on a plane a few days later and there was no turning back.
Facing The Music
Back in the US, Boyd faced multiple felony charges ranging all the way from “Possession of a Controlled Substance” to “Unlawful Flight to Avoid Prosecution.” He returned to Minnesota to stand before a judge in Dakota County only to meet with a surprise.
“I was very blessed in that during the few years prior to this I had sponsored many addicts and started the NA chapter in my home town of Jaco, Costa Rica.” Boyd explains. “And although I did not ask for it, I got huge support from the community back in Costa Rica.”
Letters began to pour in. Judges responsible for sentencing Boyd read about his previous few years in Costa Rica. Letter after letter attested to the work Charles Boyd was busy doing helping other people recover from addictions. All told, more than 55 letters of support made their way to the courts.
“The judges gave me incredible consideration for the changes that I had made in my own life, and for my service in the community,” says Boyd. “And community support is an acceptable reason to consider a downward depature from the mandatory sentencing guidelines.”
Meeting The Challenge
While originally facing a guaranteed minimum 12-year sentence, Boyd found himself receiving 10 years probation (which was later dropped) and special conditions calling for him to make amends by serving 1 year in the county jail and completing the “Life Care Program” at Minnesota Teen Challenge. During his time in Teen Challenge, the 12-year sentence was suspended until he completed the requirements set forth by the judge.
Because of his extensive experience in Narcotics Anonymous and his profound faith, the 14-month extensive faith-based program for people suffering from addiction was an ideal environment for Charles to help others battling against the same demons he once faced… and to pay his debt to society simultaneously.
“I spent 6 days a week in church, conducted the choir, and traveled to churches throughout Minnesota every Sunday,” Boyd says of his experience.
Boyd was officially released from the program on October 28, 2009, five years to the day from the date he got clean.
And some of those who stood up for him when he returned to the States were waiting, including self-made billionaire and environmentalist Ed Mercer, who had been patiently courting Boyd to help promote his residential real estate development – the most well-established and respected of its kind in Costa Rica.
“Ed saw the work we were doing in the community – helping with young kids and keeping them off the streets – as well as the work I had done with my own real estate project,” says Boyd. “He became a believer in me personally and called me every Saturday for over 2 years while I dealt with things back here in the States.”
Today, Boyd is the co-founder of The Costa Rica Team, and is busy about promoting the investment and lifestyle opportunities that Costa Rica affords to American and Canadians looking to expand their portfolios and enjoy a beautiful environment. And he’s rebuilding the ministry that he founded in Costa Rica: Support Jaco Youth.
And most importantly, he’s a free man.
“It was so amazing to be reunited with my wife and son last October, but as of July, 2010, the courts have completely discharged me of all responsibility related to my charges,” says Boyd.
Now, when he travels back and forth to Costa Rica, he does so on the up-and-up… and without having to look over his shoulder in fear of Interpol and the FBI.
Boyd still gets questions from people about his past. But since the charges are over 10 years old and he’s got paperwork proving that he’s paid his debt to society, he’s happy now to tell the story. And in fact he is frequently invited to share his story of redemption to provide hope to others.
“I’m living proof that with God’s help, anyone can turn their life around,” says Boyd. “You can’t go much lower than I did – between being dominated by an all-consuming addiction and being a fugitive from the law, it doesn’t get much worse. But God has sent person after person in my life who has helped turn me around, and it continues to this day.”
Boyd appears live in Tampa on August 12th as part of the “Rescue My Future” event, a seminar focused on helping investors learn more about how to safely and securely invest in Costa Rica real estate. Rescue My Future takes place at the Grand Hyatt Tampa Bay at 7pm. Registration is $ 25 per person and is available by calling (800) 529-9086 or online at http://RescueMyFuture.com.
Charles Boyd (AKA “Costa Rica Charlie”) is the co-founder of The Costa Rica Team, which helps North American investors purchase real estate and conduct business in Costa Rica. Based in Sarasota, Florida, The Costa Rica Team has launched a seminar series about Costa Rica Real Estate known as Rescue My Future.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Related Costa Rica Press Releases
Costa Rica’s Pristine Beaches Attract Real Estate Investors
Costa Rica’s Pristine Beaches Attract Real Estate Investors
Dominical, Costa Rica (PRWEB) May 22, 2007
One visit to the diverse country of Costa Rica, with its beautiful beaches, mountains, valleys and urban cities, often leaves visitors longing to stay for a lifetime. While many dream of owning beachfront property in a tropical destination, few think they have the means to fulfill that dream. But, Paradise Brokers (http://www.paradisebrokers.net), a local real estate investment company, states that Costa Rica has a plethora of pristine beach properties, still available at affordable prices.
Several years ago, owning land in Costa Rica was not a viable investment. Although the land was desirable because of its beauty and location, it was slow to appreciate. Today, however, real estate in Costa Rica is booming. “Land that was once only $ 30,000 to purchase has increased in value to $ 750,000 over the course of 15 years,” states Nick Halverson, COO of Paradise Brokers. And, these increases happened at the start of the appreciation boom; therefore investors are currently seeing even sharper increases, making this an ideal time to invest in Costa Rica real estate (http://www.developingparadise.com).
Paradise Brokers assists buyers through every step of the land purchase process. They take potential investors to several locations, many of which are the highly prized beachfront locations. After choosing the perfect piece of land, they handle every detail of the purchase, including permits, legal work, engineering and the actual land development, which consists of the roads, water, utilities and drainage. Buying real estate in Costa Rica has never been easier.
It is very important to Paradise Brokers that people make money on their investments. Mr. Halverson says, “Typically, land has been appreciating 50% to 100% within the duration of time between the initial sale of the undeveloped land and the time utilities and roads are put in.”
After you are established in your new Costa Rica home, there is a lot to enjoy throughout the country. Costa Rica’s land is as diverse as the people who choose to call it home. Along with the coveted white sand beaches, the country boasts mountain ranges, rainforests, national parks and modern metropolitan cities. It is truly a country that has something for everyone.
Come spend some time in Costa Rica and see why everyone is so enamored with the tropical paradise. Generally, the best time to visit Costa Rica is the dry season from December through April, which locals refer to as verano (summer). Dry season does not mean there is no rain; it just rains less (so perhaps should be called the ‘drier season’). This tiny nation draws 1.5 million visitors every year. And you can see why. The incredibly varied topography means you can cruise the cloud forest one day, climb a volcano the next, and finish passed out on a hot sandy beach. But beware; once you come for a visit, you may never want to leave.
About Paradise Brokers
Paradise Brokers (http://www.paradisebrokers.net) is ‘developing paradise’ in Costa Rica as a full service real estate investment, development and property management company. Whether you are interested in panoramic ocean views, waterfalls, golf course lots, or mountain and river views, Paradise Brokers has it all: financing available. Their four offices provide unparalleled service and accessibility and that’s why COO Nick Halverson says, “We didn’t create paradise, we make it accessible.” Paradise Brokers’ lucrative program has a 100% money back guarantee and they will arrange all your travel, lodging, and excursions. For a limited time, get a $ 1,500 reimbursement upon visiting your new property.
For more information call 1-877-CRLand1, (275-2631). Grab your FREE 40 minute DVD and the ‘Blueprint to Costa Rica Riches’ NOW at http://www.developingparadise.com.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Costa Rica Beach Real Estate – Luxury & Great Investment!
Costa Rica beach real estate is certainly probably the most popular foreign investment. Most seashores are as untouched as they had been 50 or 100 years ago, an exceptionally scarce fact in most parts of your US. The drinking water is apparent and warm, the sand is certainly white, the seashores as far as the eye can see and often, nobody on them, that’s what you are able to assume to find if you get started taking into consideration beachfront residence in Costa
Costa Rica Real Estate ? Why it Will Continue to Offer Fantastic Returns
Costa Rica real estate prices have risen strongly over the last 15 years and investors that purchased ,000 of property in the town of Jaco, 15 years ago are now worth as much as 0,000.
But can this strong growth continue? Let’s find out.
While investors are looking at other countries in Central America Costa Rica offers better risk reward for the following reasons.
Costa Rica
Costa Rica
Costa Rica Real Estate Agents ? Jaco Real Estate Agents
Our planet is covered with thousands of miles of beautiful, breathtaking ocean views that simply seem surreal to the naked eye. Sandy shores with coastal breezes and soothing sunbeams shine down, surely melting all cares away. Millions of people enjoy beaches on a daily basis, but few are as enjoyable as those found in Costa Rica. Known for its beautiful, tropical views and vibrant people, it’s no wonder as to why more and more people are finding themselves
Is Costa Rica Still the Best Place in Central America for Purchasing Real Estate?
Is Costa Rica Still the Best Place in Central America for Purchasing Real Estate?
Fort Lauderdale, FL (PRWEB) May 7, 2010
While Costa Rica has long been the investment darling of Central America when it comes to real estate purchases, in recent months there has been a lot of chatter about other countries in the region like Belize, Honduras, Nicaragua and Panama.
On Wednesday, May 19, Hacienda Matapalo Executive Vice President Brian Albury will present a no-holds-barred look at these countries and others in the region in order to answer the question: Is Costa Rica still the best place in Central America for purchasing real estate?
The eSeminar, which is free and open to the public, will examine various locations throughout Central America on a variety of topics ranging from political and financial structures to the quality of life and the indigenous people.
“There has been a lot of misinformation spread around recently about some of these countries,” Albury said, “and that creates a lot of confusion for those who wish to purchase or invest in the region. Whether it’s Costa Rica, Panama or Nicaragua, people need to know the facts and not be fooled by fabrications.”
Albury said the goal of the eSeminar will be to set the record straight on the nations of the region and to provide people with information that is accurate and unbiased so they can make intelligent decisions that are in their own best interests.
“When you line up the countries side-by-side and compare them in a variety of categories, you can clearly see what a good decision is and what a bad decision is,” he explained. “But don’t just take my word for it; listen to what the U.S., Canadian and British governments have to say about all these places.”
Unlike many of their neighbors, Costa Rica has not suffered from the tribulations caused by dictatorships, corruption, disease or escalating and widespread crime over the years. Instead it has flourished as one of the top places to live from both an ecological and economical perspective.
Although caution and common sense are always suggested to anyone who plans to buy property in any country not of their domicile, those looking to invest should weigh their options and although Costa Rica is still considered one of best return on investment opportunities, it’s not all about money.
“All of these countries except Costa Rica have immigration issues where their citizens are trying to leave their homelands for a variety of reasons,” Albury noted. “But there’s a reason why Costa Ricans don’t leave Costa Rica. When a country is consistently ranked higher than its neighbors – and in many cases higher than the U.S., U.K. or Canada – in terms of safety, health and government stability, it really says something about the place.”
The free eSeminar is scheduled for a 6 p.m. Eastern Time start. Participants may register here or by visiting one of several Costa Rica real estate Web sites that are sponsoring the online event such as Hacienda Matapalo, Los Pelicanos Ocean Club and Tierra Verde Uvita among others.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Pura Verde Costa Rica Properties Announces Latest Ocean View Real Estate Property to be Certified and Branded
Fort Lauderdale, FL (PRWEB) March 3, 2010
Dave Matluck, chief executive officer for Pegasus Star Limitada, the developer of Hacienda Matapalo and marketer of Pura Verde Costa Rica Properties, announced recently that the latest ocean view real estate property in Costa Rica to receive the Pura Verde brand and be certified as such is Finca de la Rana Roja, aka Red Frog Farm.
Located just a few kilometers from Hacienda Matapalo and a 10 minute ride from Quepos, where amenities, goods and services are plenty, Red Frog Farm is an exclusive, private community set in lush tropical surroundings. This quality development features stunning, unobstructed panoramic views of the Pacific Ocean, Savegre River, Osa peninsula, Cano Island, Manuel Antonio National Park and captivating sunsets.
With developer financing available with 20% down, each home site includes a building pad with water and electric in place for immediate construction. Executive Lots start at $ 88,000 USD while 2.5 acre Estate Lots start at $ 260,000 USD.
“Once a property has been branded a Pura Verde Costa Rica property, this means that the property can be purchased with the confidence of knowing that the same due diligence that went into Hacienda Matapalo was performed by a team of experts in researching every possible element of these properties,” said Matluck. “This means that all of the legal, environmental and engineering issues pertaining to these properties are being ‘certified’ as having been thoroughly researched and determined to be in order.”
Most importantly, Pura Verde means that these properties are in complete compliance with all the environmental laws and regulations that are designed to protect the environment from any semblance of abuse.
“Our goal is to support sustainable development that guarantees that the South and Central Pacific Coast of Costa Rica remain pristine and free from any man-made harm,” Matluck said. “After all, that is what draws us all to Costa Rica; the awe we experience of living in and with nature in all its splendor.”
In a relatively short period of time, Hacienda Matapalo has become Costa Rica’s premier planned gated community thanks to both the knowledge of its executive team and due diligence as performed by its strategic legal, engineering and ecological partners. Unlike their competition, this extraordinary attention to detail has enabled the Hacienda Matapalo team to protect both its investment and investors and rewrite the standards by which successful communities in Costa Rica are planned.
With this successful formula in place, Hacienda Matapalo has formed an alliance with a few hand selected developers who live up to these standards. Aside from Hacienda Matapalo and Red Frog Farm, other properties that have received the Pura Verde brand include Tierra Verde Uvita, Finca La Principessa D’il Mare and Casa Big Sur.
Due to environmental issues and ecological sensitivity, development along the South and Central Pacific Coast of Costa Rica will be very limited. Because the area will remain relatively undeveloped, it becomes an ideal setting for those individuals who seek homeownership in a more rural area and Pura Verde Costa Rica Properties has several options available for those who are looking.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Costa Rica Real Estate Development Hacienda Matapalo Receives Permits for Entrance: to be First Major Permitted Project in Booming Region
Fort Lauderdale, FL (PRWEB) May 19, 2009
Costa Rica real estate development Hacienda Matapalo has received construction and operating permits to begin the landmark entrance project to the property in Costa Rica. The permits were granted by the municipal government. Nestled in a RainForest, on a mountain, overlooking the Pacific Ocean is the location of Hacienda Matapalo, which was the first large scale project to be approved in the region by Setena (the Environmental Regulatory Commission of Costa Rica). The site work and construction activities have begun and the excavation for footings and foundations are in progress. The infrastructure is scheduled for completion by the end of April 2010, and residential construction to begin in 2010.
Hacienda Matapalo meets or exceeds very stringent environmental and conservation standards established by the regulatory agencies of the Costa Rican government. “Designing an environmentally friendly development that meets all the environmental concerns has been a major accomplishment for our engineering and permitting staff,” stated Brian Albury, Managing Member and Vice President of Planning for Hacienda Matapalo. “We are pleased to confirm that our project will meet all or exceed all environmental standards,” added Albury.
Hacienda Matapalo has already exceeded $ 50 million dollars in sales, making it the most successful Pre-Construction Real Estate property in Costa Rica. The anticipated sellout of the project is expected to be in the $ 300 million dollar range from the sale of houses, villas, and condos. The project will also contain the first regional shopping center on the soon to be paved Costanera (Pacific Coast) Highway.
Location of this project has been instrumental in maximizing sales due to the proximity of this location to the new hospital, marina, and newly announced international airport to be located in this lush region of Costa Rica. The success of the project has been accelerated by the amenities of this gated wonderland including: resort style clubhouse, beach club, equestrian center, and the newly expanded private nature preserve.
The Development team of Hacienda Matapalo is headed by Miguel Wong, one of the leading architects in Costa Rica. His team includes the firm of Indeca Engineering, and numerous environmental and biological experts that are cataloging all of the foliage and animal life currently on the property. The professional services team is further enhanced by the services of the Pacheco Coto Law Firm and the Price Waterhouse Coopers accounting firm.
Hacienda Matapalo has completed the largest hurdles of the permitting process including that of the approval by Setena. The submission of the project to the “Fast Track program saved us over a year in the application process” stated Costa Rica based partner Edwin Acosta. The permitting process is a long and complex process. Numerous governmental agencies participate in the approval process. The next permits pending final approval will be those for the infrastructure including electric, water, and sewer systems. The water permit is further complicated by the donation of water from the springs of Hacienda Matapalo to the neighboring town of Hatillo and the infrastructure necessary for the delivery of the natural spring water to the residents of the town.
For more information on Hacienda Matapalo, the newest property in Costa Rica, or for more information about the Costa Rica real estate project’s availability, visit haciendamatapalo.com.
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WeLoveCostaRica.com Reveals Costa Rica Real Estate Near The Beach for the Non-Rich.
WeLoveCostaRica.com Reveals Costa Rica Real Estate Near The Beach for the Non-Rich.
(PRWEB) May 10, 2007
WeLoveCostaRica.com specializes in researching and then showcasing Costa Rica real estate projects by financially strong, experienced developers with a proven track record of building quality homes in Costa Rica.
“We are very excited about representing this new Valba Dreams development offering very affordable, well appointed town home condos. My friends Jorge and Lilly have built some magnificent multi-million dollar, ultra-luxurious homes in this area and are now focused on bringing a more affordable product to market,” said Scott Oliver, author of ‘How To Buy Costa Rica Real Estate Without Losing Your Camisa.’
The first phase of this new Valba Dreams real estate project located practically next door to Punta Leona on Costa Rica’s Central Pacific coast offers fourteen well built two and three bedroom town homes for under $ 200,000.
The completed Valba Dreams project consists of only 44 homes and offers full time residents a real sense of community which often is lost in many of the larger developments. The surrounding area has seen dramatic changes as big developers and luxury hotels moving into the area are forcing prices higher.
The Valba Dreams community is convenient to the main highway from the capital city San José and less than ten minutes from the beaches and with the popular town of Jaco just 15 minutes away homeowners will have a wide variety of shopping, restaurants and other services to choose from near their home.
David Treadway, a local real estate consultant added that: “Prices of quality new condos in Jaco are now starting at US$ 350,000 and still many projects in the Jaco area are 80% to 100% sold out before breaking ground, so with the Valba Dreams project at prices below $ 200K, there is a lot of interest.”
Here’s why this new Valba project is attracting so much interest:
1. Valba has proven experience with a great track record of building luxury homes in this area.
2. Title guarantee is provided by First Costa Rican Title & Trust S.A.
3. Reservations for new homes can be made with only US$ 5,000.
4. A Costa Rican corporation (which owns the home) is included in the sales price.
5. The purchase agreement is freely assignable.
6. Air conditioning is included in the bedrooms and living room.
7. There is more storage space and more living space than most vacation homes.
8. There are car two parking ports not just one and 24/7 security.
9. Unlike many projects in Costa Rica, all cables are underground and will not be dangling in front of the master bedroom window and, there are no shared walls.
10. There is a good, reliable water source.
11. This project is less dense than any ‘affordable’ projects that we have seen.
12. The drive from Valba Dreams to two of Costa Rica cleanest Blue Flag beaches is less than ten minutes.
Construction in Costa Rica from March 2006 – March 2007 is up 59% and the Central Pacific area is booming, combine this and the fact that sophisticated real estate investors are convinced that the new marina project being developed by the owner of nearby Punta Leona will help push prices much higher at Valba Dreams.
Pre-construction prices of under $ 200K will be closed on 15th June 2007, after that date, the prices of the remaining homes in the first phase will be increased by $ 25,000 so real estate buyers with a serious interest in buying affordable real estate near the beach in Costa Rica would have to act fast.
Written by Scott Oliver, the author of ‘How To Buy Costa Rica Real Estate Without Losing Your Camisa’ http://www.welovecostarica.com/public/84.cfm and ‘Costa Rica’s Guide To Making Money Offshore’ http://www.welovecostarica.com/public/500.cfm and the founder of http://www.welovecostarica.com home to over 1,400 free articles and videos about Costa Rica real estate investments and retirement.
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How can I get a real estate liscence in Costa Rica?
Question by curlyjess_04: How can I get a real estate liscence in Costa Rica?
I live in Costa Rica, and I would like to become a real estate agent. Anybody know how I can study that here in CR? Any schools or places that do apprenticeships?
Best answer:
Answer by tico times directory
Anyone can buy and sell property in Costa Rica.
You do not have to be a resident or citizen; anyone can open up a real estate business. And because of this agents are a dime a dozen. All you need is something to sell, lease or buy and you don’t even need a sign on the door that you are a real estate agent. No permits, schooling or business license required.
Some agents do offer classes, but they are really set up to get your money. If you have lets say US experience and work for a CR realtor, they will teach you want you need to know.
If you plan to get into the market and/or buy it is best to get a good attorney, to make sure the title is clear. Many agents are scam artists and titles have been forged since there is no regulating agency as there is in the US.. And if you work for a realtor, the standard commission is between 5-7% and make sure you get it in writing otherwise you might get screwed.
Know better? Leave your own answer in the comments!
Costa Rica Real Estate Project Moves Forward Aggressively
Costa Rica Real Estate Project Moves Forward Aggressively
Fort Lauderdale, FL (PRWEB) January 9, 2011
As the New Year brings improved optimism for investors and economists predict continued financial stability around the world, infrastructure construction at one Costa Rica real estate project continues to move forward aggressively, reinforcing this renewed financial confidence.
“When we promised that our construction would resume after the rainy season subsided, people really took notice of us,” said David Matluck, chief executive officer of Pegasus Star Limitada, the developer of Hacienda Matapalo, a 665 acre planned community on Costa Rica’s South Pacific Coast. “And when you look at our property and see how much progress has been made in the three weeks since bulldozers and other heavy equipment arrived, there’s no denying the fact that Costa Rica’s premiere gated community will soon be ready for its residents.”
Matluck explained that much of 2010 was wrapped up in getting permits approved and while much progress was made, most of it was behind-the-scenes. “We spent a lot of energy and resources getting the property ready for this stage of development,” he said.
In 2010 Hacienda Matapalo made an impact in several areas where many people who have shown an interest in Costa Rica from an investment perspective have taken notice.
Announced it will add a 500-plus foot, treetop suspension bridge that will stretch across a ravine along the property’s 125-acre nature preserve
Its partners announced the formation of Pura Verde Costa Rica Properties to support sustainable development that guarantees that the South and Central Pacific Coast of Costa Rica remain pristine and free from any man-made harm
Had more than 700 people attend an online seminar to learn more about health care in Costa Rica
Announced it would support Costa Rica President Laura Chinchilla’s initiatives by committing to help bring qualified investors to Costa Rica
Announced it will partner with the New York based Patients Medical, PC to establish a holistic wellness center that will be dedicated to helping its residents discover health and rediscover vitality.
Was selected by the popular Web site Top Ten Real Estate Deals as one of the best real estate deals on the market
Playa Matapalo, Costa Rica, where their beach club will be located, was named by CNN Travel and Mother Nature Network as the world’s second best eco-friendly beach
Launched its newest television commercial, showing both its amenities and how buying Costa Rica Real Estate is a good investment
Announced that their strategic development partner would be Su Casa Desarrollos de Vivienda S.A., the leading company of the Tu Hogar S.A. Real Estate Group.
Launched a new technology called “eSeminars On Demand” that will give those interested in Costa Rica access to information at any time.
With progress now visible at the forefront of the property as construction is in full force, Matluck and his partners are excited about what’s in store for 2011.
“A new home design is just one of the things on the slate for this year,” said Hacienda Matapalo’s Executive Vice President Brian Albury. “We’ve been getting a lot of requests for new villa models and our architect is putting the finishing touches on our new 2-bedroom 2-1/2 bath model, which we hope to release in February.”
On Tuesday, January 11, Albury will be presenting a free online Web seminar titled “Why Costa Rica?” which is ideal for those who might not be familiar with the Central American country. Interested parties may register for the free seminar here.
“Our recently announced partnership with Agent Shield, Inc. should prove to be beneficial,” added Hacienda Matapalo’s Vice President of Sales and Investments Michael Starkey. “Agent Shield will give our referring parties an extra level of comfort as it provides Realtors with free tools to help them market, sell and receive credit for their efforts.”
On January 18, Starkey will be presenting a free online Web seminar for Realtors and will be joined by Agent Shield’s Vice President and co-founder Lu Doan. Interested real estate professionals may register for the free seminar here.
“While all of this is exciting, it pales in comparison to what will be taking place at Hacienda Matapalo in 2011” said Matluck. “We will be having formal closings and delivery of Deeds beginning this Spring!”
To learn more about Hacienda Matapalo visit their Web site at http://www.haciendamatapalo.com
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Net Lease Property Investors Increase Yield With Costa Rica Commercial Real Estate Investment Properties
(PRWEB) June 29, 2010
Costa Rica commercial real estate faired notably well during the global financial crisis, as market fundamentals remained steadily in equilibrium; with balanced reductions in both supply and demand.
Commercial real estate in the Central Valley, the nation’s primary commercial and industrial zone, never suffered the pricing pressure which plagued vacation home properties. Commercial property occupancy in San Jose, the nation’s capital, has generally remained steady, with an 8% vacancy rate. Net absorption for San Jose office space has begun trending positive over the last few months.
Commercial Costa Rica real estate development was never driven by the investor speculation, that created significant, residential property surpluses. The absence of commercial real estate financing during this period acted as a gating factor, precluding supply growth from outpacing demand.
For commercial income producing property investors, a timely consequence of the liquidity crunch is the notable spike in CAP rates (rental yield), offered by commercial properties in Costa Rica. Income producing properties such as offices, warehouses, residential buildings and retail space, have all witnessed a CAP rate spike of at least 25%, over the past two years.
According to Mr. Lanzo Luconi, President, Costa Rica Chamber of Investment Funds & Director, Investment Funds for Grupo Aldesa, “Income producing property yields, for commercial investment properties, still remain 2-4% higher than prior to the global financial crisis. Commercial real estate market liquidity remains weak but is gradually returning. The local banks have only recently begun to resume commercial real estate lending operations. As commercial real estate financing activity grows, the CAP rates available to net lease property investors will decline.”
A typical NNN lease, bank single tenant, investment property in the US yields roughly 7%. A comparable net lease property in Costa Rica currently offers a 10.5 CAP, NNN return. The tenant is Banco Nacional, the larger of Costa Rica’s two state owned banks. Banco Nacional is the largest retail bank in Central America, with $ 2.6B in assets and more than 160+ retail branches. This particular branch is located on the main traffic artery that traverses the most affluent suburban and business center in the country.
Costa Rica Commercial is the only Costa Rica real estate broker specializing in income producing investment properties, such as leased office space, warehouse facilities and retail shopping centers. Their portfolio includes commercial real estate investment properties from $ 500K to $ 25M, as well as prime commercial land parcels. They additionally offer joint venture, equity investment opportunities with leading Costa Rica commercial developers that generally produce compounded annual returns (IRR) greater than 20%, over a two to three year investment horizon.
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Costa Rica Real Estate Property ? Great Value For Price
The market for vacation homes has grown a lot in the last few years because more and more dream destinations seem to become public. The good news for those wanting to purchase a vacation home, you should know that since the inception of this global economic crisis, prices for vacation homes have really gone down, in some parts of the world even by 20 percent. This might not seem a lot, but if you consider the rates for Costa Rica real estate, for example, then you know that
Exceptional Costa Rica Real Estate: Sands Point Costa Rica Condos Celebrates New Improvements to Puntarenas Infrastructure
El Roble Puntarenas, Costa Rica; Miami, Florida U.S.A. (PRWEB) February 23, 2010
Sands Point Costa Rica real estate developers Tidewater Partners Fund, LP. welcome the opening of the world-class autobahn between the capital San Jose and Puntarenas, extending along the country’s scenic Southern Pacific coastal rim. Several long-term commitments to national economic development by Costa Rica leaders highlight the pivotal value of Puntarenas, home of the Sands Point Costa Rica condos – a 10-story, 71-unit luxury beachfront condominium tower on El Roble, Puntarenas.
At the inauguration ceremony for the new highway Costa Rican president, Oscar Arias, announced, “For the first time I made it to Puntarenas in 50 minutes by way of the new highway!” Maximum permitted speed limits on the expressway are 80 to 100 kph. The new road allows travel between San Jose and Caldera, south of Puntarenas, in less than 45 minutes. On other routes travelers spend between at least 2 hours on the trip. Tolls of $ 3.75 permit travel of the entire 77 kilometers of the new highway, or roughly ¢1.500 colones each way for passenger vehicles and motorcycles only. The quaint, peaceful port city of Puntarenas now has easy and fast access to San José shopping, medical and entertainment offerings. Puntarenas will now have easy access to Jaco, Quepos, Manuel Antonio and the Osa Peninsula as well.
Carlton Solle, Director of Coldwell Banker Peninsula Trading Company, a veteran of Costa Rica Real Estate Sales & Marketing, says “Real estate in Costa Rica is all about access and infrastructure. That is, how much you need for you and your family to feel comfortable and at-home here.” He added, “With investments in first-world telecommunications and road infrastructure, property values in the Central Pacific region stand to increase.”
In addition to its new fast route to the vibrant life in San Jose, Puntarenas has several unique features making it a leader in the Costa Rica real estate market. The port of Puntarenas receives visiting cruise ships from all major lines, permitting travel the length of the Pacific and through the Panama Canal to the Caribbean. Also, on a beautiful 1-hour ride, a new, modern ferry links vehicles and visitors from Puntarenas directly to the Nicoya Peninsula, the heart of the new officially-protected ecological sanctuary and biological corridor. Punarenas, a 5-mile strip of sand with ocean on both sides, also offers one of the most intriguing and entertaining aquariums in the country. Adults and children alike marvel at the wonders of the under-sea world. Puntarenas is also home to a top-ranked campus of Costa Rica’s leading university, Universidad de Costa Rica (Puntarenas) (UCR), as well as the Colegio Universitario de Puntarenas (CUP). Also in the city, one of the country’s best hospitals, Monseñor Sanabria de Puntarenas, is a modern facility that has been rewarded for continuous reinvestment in improvement of its patient services and medical specialties and operations.
The newly elected President of Costa Rica, Laura Chinchilla, will continue the country’s commitment to growing eco-tourism along the coast, as well as opening investment to more entertainment offerings in the port city. For example, a new 18-hole Greg Norman golf course at La Roca, just minutes from the Sands Point Costa Rica condos, makes Puntarenas an ideal place to invest, enjoy, and to call home. With the entire existing infrastructure and more improvements planned, Puntarenas’ appeal continues to grow as a vacation get-away and retirement destination.
Bradley Tuyn Director of Miami-based Tidewater Partners Fund, LP adds “You really have to see this incredible country first hand to appreciate its natural beauty and the warmth of the people.” To ensure people take advantage of the opportunity to experience “our” Costa Rica, Sands Point Costa Rica now offers two complimentary nights at the Hilton Double Tree Beach Resort Puntarenas, a luxury tour of Tortuga Island and complimentary ground transportation for couples that reserve any Sands Point Costa Rica unit for $ 5,000, held by Stewart Title and fully refundable. “We are confident that once you get here you will feel the same way that we do about this beautiful country and the beach side luxury to be found in Puntarenas”
For more information please contact:
U.S. Tel: 954.828.2084
Visit: http://www.sandspointcostarica.com
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The Costa Rica Real Estate Development Boom
Every day we see reports about the most successful investment opportunities from all over the world, and the most appealing is still the real estate sector. Despite the current state of the world economy, there are a few investment sectors that haven’t been affected that much, at least in some parts of the world. The Costa Rica real estate sector has started blooming in the late ‘90s and it can’t seem to stop. The incredible Costa Rican real estate market is
Paradise Brokers Launches a New Video on ‘Bringing Paradise to You’ – an Insight into Costa Rica Real Estate Opportunities
Dominical, Costa Rica (PRWEB) March 3, 2007
Paradise Brokers, a leading real estate development and investment company in Latin America, has announced the launch of its new video featuring their ‘Bringing Paradise to You” program. They maintain that Costa Rica property is going to be the next big real estate trend and the video highlights Paradise Brokers’ systematic efforts towards growth and development of land investments in the Latin American country.
Through its video, Paradise Brokers provides an abundance of Costa Rica information and introduces investors to the wonders of Costa Rica, from its pristine natural beauty to the country’s ever growing economy, which attracts many fortune 500 companies, as well as individual investors.
Paradise Brokers aids investors in the purchase of Costa Rica real estate. A company started by Mr. Nick Halverson, Paradise Brokers provides land for development in many different ways – be it for a small retirement home; a hotel; establishment of businesses small and big alike; or even for simple holding purposes to see if the land appreciates or gains value.
The new Paradise Brokers video is a comprehensive journey into the breathtaking vista of Costa Rica and Cost Rica land for sale with a glimpse into a secure and serene future made easy with Paradie Broker aided real estate investments.
The video portrays Costa Rica as a beautiful country inhabited by genuine caring people and a land of ample economic growth. The advantages of investing in Costa Rica properties through Paradise Brokers include-
· The absence of transference tax of any kind.
· The absence of income tax while living in Costa Rica.
· The advantages of dealing with Fortune 500 companies like Sony, IBM etc. which have a heavy presence in the country.
· Investing in land in the country, which has seen an unprecedented growth in its value for the past 10-12 years.
· Easy to buy land in one of the hottest real estate markets.
· The land that is purchased is far below market value.
· Paradise Brokers offers an easy, exciting and proven investment program in which you can save money while getting ahead of the crowd before the prices get out of control.
Owning Costa Rica land can only take place under the name of a corporation. Paradise Brokers initiates the process by setting up that corporation as well as paying taxes, legal fees and real estate fees, which come up to 5-6%. A property tax of approximately US $ 350 dollars has to be paid every year. The property is then developed in 12-18 months which means-
· All roads to and from the property are laid.
· Utilities like electricity, gas and water have been setup.
· All other facilities if requested have been provided for.
“Costa Rica is immensely diverse. It provides all the luxuries of a paradise as well as the benefits of enterprise. For nature lovers it has abundant rainforests, large mountain ranges, the ever present ocean, Costa Rica beach properties and out of this world freshwater fishing experiences. It also has, large companies to do business with, as well as an ever growing economy with thousands of new jobs opening up every day due to the CAFTA agreement.” says Paradise Brokers COO Nick Halverson. It’s a wonderful place to do business and raise your children, profit and also enjoy the quiet life and everything it has to offer,”
About Paradise Brokers
Paradise Brokers (http://www.paradisebrokers.net) is ‘developing paradise’ in Costa Rica as a full service real estate investment, development and property management company. Whether you are interested in panoramic ocean views, waterfalls, golf course lots, or mountain and river views, Paradise Brokers has it all: financing available. Their four offices provide unparalleled service and accessibility and that’s why COO Nick Halverson says, “We didn’t create paradise, we make it accessible.” Paradise Brokers’ lucrative program has a 100% money back guarantee and they will arrange all your travel, lodging, and excursions. For a limited time, get a $ 1,500 reimbursement upon visiting your new property.
For more information call 1-877-CRLand1, (275-2631). Grab your FREE 40 minute DVD and the ‘Blueprint to Costa Rica Riches’ NOW at http://www.developingparadise.com.
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Costa Rica Real Estate Project Supports Chinchilla?s Initiatives
Costa Rica Real Estate Project Supports Chinchilla’s Initiatives
Fort Lauderdale, FL (PRWEB) June 4, 2010
Two days before taking office, Costa Rica’s President-elect Laura Chinchilla had a meeting with a group of international business leaders organized by CINDE, the Costa Rican Investment Promotion Agency, outlining the importance of attracting more foreign direct investment.
“One of the priorities of my administration will be to continue to provide and enable the right business climate in Costa Rica,” she said.
Following President Chinchilla’s lead, the executive board of Pegasus Star Limitada, the developers of Hacienda Matapalo and marketers of other Pura Verde Costa Rica Properties, also recognized the importance of foreign direct investment into the small Central American nation and have committed to help bring qualified investors to Costa Rica through its many projects.
“Not only do we have an obligation to help further President Chinchilla’s agenda as that will help Costa Rica, its people and the companies that do business there, but we have a unique opportunity to do so,” said Pegasus Chief Executive Officer David Matluck. “Real estate, whether residential or commercial, has always provided keen investment opportunities and right now there are no better opportunities than the ones available on Costa Rica’s Central and Southern Pacific Coast.”
“Historically specific areas of Costa Rica have seen property investment appreciate at an average of 32% annually,” added Michael Starkey, Pegasus vice president of sales and investments and author of the white paper “How to Make a Million Dollars.” “Disgusted and distrustful of the U.S. stock and bond markets, investors have had enough of the greed, corruption and fiscal policies that have caused their IRAs and 401ks to lose 50% or more of their value.”
“Many are becoming proactive, seeking out alternatives including foreign investments. The lucky ones find us,” he explained. Starkey, an expert in retirement funds and financial planning, has helped many people “break out of the Wall Street prison” by showing them how to replace their losing investments with stable appreciating assets like real estate.
“Individuals are not relegated to owning stocks or bonds in their retirement plans,” he said. “They can directly own real estate and other investments like Limited Partnerships.”
In light of current investment alternatives, it appears real estate has become the investment of choice among the savviest of investors looking to save for retirement.
Considering Hacienda Matapalo is the best selling property in Costa Rica, recently announcing it surpassed the $ 60 million mark in pre-construction sales, it’s hard to argue with such statements. But there is another factor to consider.
“Because we are primarily marketing our properties to buyers and investors in the U.S., Canada and Western Europe, our strategy fits right in with the [Costa Rican] government’s focus on strengthening its position to attract more [foreign direct] investment,” said Pegasus Chief Operations Officer Ed Sklar. “We recognize that foreign direct investment is more relevant than ever as Costa Rica increasingly incorporates itself into the global community and continues to offer the advantages required to be a competitive investment destination.”
Recently Pegasus Executive Vice President Brian Albury outlined those advantages in a complimentary online seminar that was attended by more than 500 people where he provided illustrated comparisons of Costa Rica with its Latin American neighbors Belize, Panama and Nicaragua. The company has made the presentation available online.
The May 6 meeting at which President Chinchilla spoke was held in the capital city of San Jose and organized by CINDE. More than 20 multinational companies from various business sectors were represented. To read more about President Chinchilla’s speech and learn more about CINDE, visit their Web site.
To learn more about Pura Verde Costa Rica Properties and Hacienda Matapalo Costa Rica Real Estate, visit their Web sites.
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Investment Experts Point to Costa Rica Real Estate
Investment Experts Point to Costa Rica Real Estate
Young America, MN (PRWEB) October 6, 2006
With the United States housing market weakening, financial gurus are advising their clients to look at the tiny Central American country of Costa Rica to earn returns on real estate investments. Costa Rica has used its educated populace and unparalleled beauty to attract investors and end-users when retirement portfolios are not deep enough to sustain a desired lifestyle in popular destinations like Florida and California.
Once raw and undeveloped, Costa Rica is quickly becoming a popular destination for people of all backgrounds to invest, live, and retire. American retirees continue to seek a peaceful address without ultra-high prices, and investors find Costa Rica real estate as a great investment vehicle in addition to being a fun destination to spend free time.
Large commercial real estate brokers in the United States are masterminding investment strategies for their clients with Costa Rica in mind. Giant tracts of land, such as the 7,000 hectare (18,000 acres), ocean view plot in Guanacaste, listed exclusively with EstateRealty.com, are hard to come by. “We showcase land deals that are permitted for development, knowing that investors prefer something that is ready to go, rather than simply a proposal which could face years of red tape on the way to approval,” said Tim Schmidt, of EstateRealty.com. One of several exclusive land listings in EstateRealty.com’s database of development projects, land deals like the aforementioned, are becoming logical purchases for forward-minded investment groups. Often times, multi-million dollar land parcels are transformed into the region’s most attractive housing communities. These communities reap massive rewards for the principals.
The province of Guanacaste, in the northwest corner of Costa Rica’s pacific coast, already boasts a flagship Four Seasons Resort Hotel and has plans for a J.W. Marriot as well. “The presence of major players like the Four Seasons and J.W. Marriot indicates that clearly the area is exploding, and anyone in position to get in the game at the development level, should take a serious look at this area” said Brad Markin, land owner and co-founder of EstateRealty.com.
Although Costa Rica may be considered rural by many people’s standards, the few remaining large tracts of land for sale with development potential are proving themselves to be goldmines. In summary, anyone who is building a real estate portfolio should act soon, before it’s too late.
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Off shore Banking and Real Estate in Costa Rica
Off shore banking in Costa Rica is not what normally comes to mind when thinking of the term “off shore banking”. Costa Rican banking is not party to illegal financial schemes and is not a tax haven. Authorities in Costa Rica readily cooperate in international laundering and drug related investigations. By Costa Rican law, offshore bank accounts are private in order to protect assets.
State owned banks in Costa Rica are government backed and are