Costa Rica real estate has consistently offered excellent returns over the years. While 100% returns in a year do happen, they should not be the expectation. With an inflation rate of 9%-13% annually the colon (the Costa Rican monetary unit) land is one of the safest areas of investment in Costa Rica. Your investment grows both through normal real estate appreciation and through the relative stability of the US Dollar vs the Colon. In addition Costa Rica has no capital gains taxes on your profits.
In our day to day work we are constantly in search of properties that will offer a superior return on our investments; from single lots and large tracts of land on which to build a home or development or just hold for appreciation, beach vacation rental properties, to property suited for large developments. We are particularly interested in beach view tracts.
If you are interested in investing in Costa Rican real estate call or email us to discuss your goals. We will keep you informed of opportunities as they arise. Most investments opportunities are backed up with titled ownership in the property being bought and or developed.
We are strong proponents of building homes for resale and developing raw land into building lots in Costa Rica as the investments can be relatively low yet produce high returns. While the number of homes acceptable to North Americans is growing daily, many areas still do not have an adequate supply for the many foreigners moving to Costa Rica. Investments in the right areas can be very successful. See our building vs buying page.
I should also mention that many new construction projects sell at significantly lower prices as construction begins. You can often gain equity of 6%-20% + buy buying at preconstruction prices. You must keep in mind that it will usually be from 3-6 months for condo type developments to 18 months for high-rise condos before they are available for occupancy. So if you are planning your move in this type of time frame or looking for a rental property this may be a good way to buy. Usually a small down payment will hold your property.
If you are interested in participating in a particular project or in search of a specific type of investment opportunity, email or call with the specifics and we will add you to our investors list and keep you informed of opportunities as they arise.
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