Costa Rica property investment does have rivals such as Honduras, Belize and Nicaragua but these markets simply dot offer the same risk reward.
Lets look at why Costa Rica property prices will continue to soar in value.
1. Its an established market
Costa Rica property prices have been soaring for 10 years and it has become a mature market. While many investors think that prices can’t go higher, they can.
Why?
Quite simply, there is a track record of growth and all the factors that were present 10 years ago driving prices higher are still there, in fact their set to accelerate.
Investment is at record highs and rising and this will continue to drive prices higher.
2. Rewards are high and risk is low
The major attraction of Costa Rica property is the opportunity to buy property that is 70% less than in the southern US states in a beautiful and stable country.
Many investors however are thinking well if Costa Rica has taken off, maybe they should buy one of its neighbours like Nicaragua.
Prices are cheaper so upside will be higher.
This is totally incorrect. A new emerging market may take off but most don’t, you can buy property cheap but it’s cheap for a reason!
When buying property you don’t want to buy the cheapest, this is a mugs game.
You want to buy competitively prized property, with low downside risk and great upside potential and that’s exactly what Costa Rica property offers you.
If you want double digit annual gains with low downside risk then Costa Rica property can give it to you.
3. It has an established expat community
If people are looking at buying for investment, second or retirement property, they will look for who else is investing and living in the country from their own nation.
Once an expat community starts to establish and grow it attracts other expats. Many people like living in country where they are the only ones, but most don't.
Americans and Canadians in particular come to Costa Rica because the locals are friendly and they have their own community as well, to make them feel at home.
4. Outside Factors – The major one to drive prices
Consider this
The baby boomer generation is coming to retirement age and are faced with this scenario:
Most will not be able to have the same standard of living their used to now. State support is less medical care costs are high, their living longer and they haven’t saved enough!
So what will they do? Many are already seeing Costa Rica as a way to maintain and improve their standard of living (just 3 hours from the US) and their buying Costa Rica property in ever increasing numbers
The baby boomers as they retire now will accelerate the upward trend in Costa Rica property prices and this is an opportunity for some double digit profits with low risk.
Costa Rica Beach Property
The fact remains that Costa Rica property offers the best risk reward and you can still make triple digit gains, here’s why.
1. It’s a mature market
Many people like markets that are merging or taking off but as we know with most new property “hot spots" they don’t. While you can make big gains losses can be substantial.
By all means be a pioneer some got rich but keep in mind most got arrows!
Costa Rica is mature there is a trend of growth consider this:
A $30,000 property bought just 15 years ago is worth as much as $750,000 today. People have predicted an end to big gains but their wrong.
Why?
Quite simply, property trends can last 20, 30, 50 years or more.
A trend inspires confidence and attracts more money.
Also, as a community develops so does the infrastructure, to provide all the comforts at home, attracting more investment.
This point is critical.
If you want poor infrastructure, street kids, beggars and crime, some of the new emerging markets offer this - A low quality of life and this is why most don’t emerge.
By buying a trend, you are keeping the risk low, but what about upside?
Location
This of course is the key. You need to be careful about where you buy but that’s true of any property investment.
Buy at or near expanding resort areas and take advantage of buying near expanding infrastructure new roads marina’s etc which will guarantee a rise in property values.
If you do this you will still be able to target 30 – 100% annual gains also keep in mind a mature market gives you something else:
Excellent rental income and Costa Rica has one where you can get a great second rental income – this is very often not true in many emerging markets.
The law and stability
Another consideration.
Costa Rica property investment gives you the opportunity to enjoy the same rights as residents, an easy buying process and tax advantages.
Furthermore, it’s a stable country (compare to Nicaragua where the Sandinistas still loom large) and serious crime is rare.
Yes you can take large risks on emerging markets but if you want low downside risk and great capital growth potential Costa Rica is hard to beat.
Great Capital growth potential & low risk
With property prices for beach front still 70% below those in the Southern US the property boom still has many years to run and you not only get great growth potential, you also get low risk, which is an important consideration for most property investors.
Check out the potential for yourself and you may be glad you did.
Both Kelly Price & Sacha Tarkovsky are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Kelly Price has sinced written about articles on various topics from RSS, Learn Trading and Forex Trading Forex. FREE REAL ESTATE ADVICE NEWSLETTERS, PDF, DVD's AND MORE For more info on all aspects of visit our. Kelly Price's top article generates over 165000 views. to your Favourites.
Sacha Tarkovsky has sinced written about articles on various topics from Learn Trading, detox diet and Forex Trading Forex. FREE INFO ON HOW TO MAKE MORE MONEY FROM PROPERTY INVESTMENT For all the facts on getting more growth and less risk from Costa Rica property investment as well as a selection of properties at prices that may well uprise you visit our web. Sacha Tarkovsky's top article generates over 110000 views. to your Favourites.
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