Real estate investment info in Costa Rica
The republic of Costa Rica (meaning Rich Coast) is located in Central America between the Pacific Ocean and the Caribbean Sea. The advancing country is the recent subject of many people looking for Costa Rica real estate for retirement and investment, with its rich variety of plants, wildlife and recreational opportunities. It also is home to the largest percentage of national parks and protected lands. In addition, Costa Rica offers a very high quality of life with its reasonable living expenses and well-built infrastructure.
Buying Costa Rica real estate will not cost much more than if you were buying the same type of property in the USA. The market in Costa Rica for empty lots to build on, or existing homes is fairly close to comparable United States properties. Whether your choice for Costa Rica real estate is a beachfront property, a luxury inland home, or a condominium, the price you pay in Costa Rica is about the same you would pay in the States.
Buying Costa Rica real estate might seem like a difficult and expensive task to accomplish. However, you should note that many people from the USA and Canada have made Costa Rica their permanent home simply because of the ease in purchasing Costa Rica real estate and the less expensive cost of living.
The average Costa Rican native earns about $500 per month, of which that income allows a native to live reasonably and meet their creature comforts. In contrast, for the same lifestyle in the USA, one needs to earn substantially more. Lower costs make it possible to live well in Costa Rica on the same salary one struggles with in the US. An income of $1500 in Costa Rica will allow a person to live well above the average and afford luxuries not available to them in the USA. For this reason, Many American retirees have bought Costa Rica real estate to live their golden years, with ‘real gold’.
Costa Rica real estate is divided into seven regions, and each region offers many different perks. Costa Rica has more than a dozen National Parks scattered throughout the country, featuring a variety of recreation such as horse back riding, hiking and biking. Additionally, there are numerous water sports such as fishing the crystal blue waters, exploring the coral reefs, surfing and whitewater rafting the wild tropical rivers. Of course, camping and sightseeing neighboring countries such as Panama and Nicaragua are also opportunities for adventure.
A trip back home for a visit is no problem as Costa Rica also has two international airports with regular flight connections to all of North America, Latin America, and Europe. The local mode of transportation around the country is through taxi and bus services. The cost to travel the island is never very expensive. Of course, when you buy your Costa Rica real estate dream home, you can always import your own car for transportation
