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Costa Rica Condos

Have you ever dreamed of living in a tropical paradise where, as the song says, “the weather is fine and the life is easy?” For many people, Costa Rica appears to be that place and Costa Rica condos are their natural target. Perhaps, along with 1.5 million or more North American and European tourists a year, you have had the chance to enjoy the beaches, surfing, big game fishing, mountains, volcanoes, rivers, and tropical forests of this beautiful country. Situated between the sandy beaches on its Pacific and Caribbean coasts, Costa Rica also boasts numerous national parks and reserves throughout the country where protected bird, mammal, and reptile species live in Eden-like environments that bring tourists back again and again.

As a result, Costa Rica real estate is a popular item for investors, especially condos as rental properties and/or for personal use, with eventual re-sale or conversion to a full time retirement home. However, maybe you are ready to retire now and take advantage of Costa Rica’s low cost of living, temperate tropical weather, and possess a marvelous home for children, grandchildren, and old friends to visit.

If you come to Costa Rica, chances are that you will land at Juan Santamaria International Airport outside the capital city of San Jose on the central plateau and nearly equidistant from the Pacific and Caribbean coasts. Known for its surf, rain forests, and Tortuguero National Park, Puerto Limon is 120 km (75 mi) to the east on the Caribbean coast. The old coffee-shipping port of Puntarenas on Golfo di Nicoya and the Pacific coast lies 90 km (56 mi) to the west. You can stop at Puntarenas or veer off to the Pan-American Highway and head northeast to the Monteverde Cloud Forest Reserve for long walks on comfortable trails and incredible views, but a guided Canopy Tour of this rainforest is a must. Alternatively, you can head northwest to the national parks near Liberia, or the beaches of Tamarindo and Coco on the Gulfo di Papagayo noted for its year round deep-sea fishing.

If you head south, you can follow the oddly shaped province of Puntarenas (“Sands Point” in Spanish) stretching along the Pacific coast to the Panamanian border. Along the way are the beaches of Jaco and Manuel Antonio National Park, the smallest but among the most popular national parks in the country. In this park, visitors can travel paths leading from idyllic beaches to rainforest and mountain terrains. Continuing south to Rincon and Puerto Juarez on Gulfo Dolce, you will find the dense, rich green jungle of Corcovado National Park standing as an unspoiled showcase of tropical nature. Believe it or not, these are only a fraction of Costa Rica’s attractions that full or part time residents can enjoy year round.

All these towns and surrounding areas boast Costa Rica condos for sale at prices that, compared with the Northeastern and Pacific coasts of the United States, can be a bargain. In fact, around San Jose and its relatively low cost-of-living, the housing costs in a typical middle-class suburban neighborhood are substantially less than similar housing in the U.S or Canada. Besides condos in Costa Rica, the country offers other real estate investments such as time-shares, single-family homes, and even working farms. However, if not always the least expensive approach, condos in Costa Rica are probably the best choice for foreign investment and retirement.

With the country so small, you can live in San Jose or its suburbs and enjoy the amenities and culture of a modern city and visit the attractions of the rest of the country. In the suburbs of San Jose, $90,000 or less can buy a very nice condo. However, if you opt for Costa Rica beachfront property or a mountain retreat, these properties are still available for much less than similar, choice properties in North America. Coastal properties can cost less than $250,000 and Costa Rica beachfront property will start at under $400,000. The residency requirements have no onerous restrictions with proofs of income minimal and the status cards easily renewable every two years. Costa Rica does not tax foreign residents on income earned outside of the country and most importantly the Costa Ricans, or Ticos, are friendly and welcoming to foreigners.

Learn more about Costa Rica Condo. Stop by Elizabeth Merlin’s site where you can find out all about Costa Rica Condo and what it can do for you.

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Comments (0) Jan 30 2010

Imagine this; you are bathing under the sun on a tropical paradise with a blue margarita by your side. Sounds like the perfect topical vacation you want? Well, Costa Rica is the answer for you. With their white sand beaches, scenic mountains, big game fishing, volcanoes, river rafting and exotic tropical forest; a lot of tourist find it hard to leave Costa Rica.

Approximately 1.5 million North American and European tourist visit each year in Costa Rica. And almost all of them prefer to stay on Costa Rican Condo instead of a fancy hotel. Because these condos offer a much relaxing and natural feeling compared to an expensive hotel. These condos are situated between the sandy beaches on its Pacific and Caribbean coasts. They are also located near national parks and reserve for easy an access for the tourist.

This greatly affected the real estate business in Costa Rica. Real estate properties have become popular with investors taking special outlook on rental properties. These can be used for personal use, with potentially high resale value or can be a nice place to retire to. This is the time to take advantage of Costa Rica’s low cost of living, the perfect tropical weather, with spectacular homes that can be a place for vacation for your children, friends and family.

The Juan Santamaria International Airport is just in the border of the center city of San Jose on the middle plateau. It is halfway stuck between the Pacific and Caribbean coasts. This country is widely known for its rain forests like the Totuguero National Park and Puerto Limon which is 120 kilometers or 75 miles to the east of the Caribbean coast. This is also where the old coffee-shipping port of Puntarenas lies just on the Golfo di Nicoya and west of the Pacific coast about 90 kilometers or 56 miles away.

If you head south, you can follow the oddly shaped province of Puntarenas (“Sands Point” in Spanish) stretching along the Pacific coast to the Panamanian border. Along the way are the beaches of Jaco and Manuel Antonio National Park, the smallest but among the most popular national parks in the country. In this park, visitors can travel paths leading from idyllic beaches to rainforest and mountain terrains.

Continuing south to Rincon and Puerto Juarez on Gulfo Dolce, you will find the dense, rich green jungle of Corcovado National Park standing as an unspoiled showcase of tropical nature. Believe it or not, these are only a fraction of Costa Rica’s attractions that full or part time residents can enjoy year round.

The condos in Costa Rica are a good deal compared to the prices of the properties offered Northeastern and Pacific coasts of the United States of America. San Jose has minimal cost-of-living considering the houses situated in a typical middle class suburban village. The US and Canada can not compete with what the Costa Rica condos are presenting, it even offer other real estate projects for investment such as time-shares, single-family homes and farms that are needs working. To cut the story short, Costa Rica condos are the best approach for investment and retirement for minimal expense with the great benefits.

With the country so small, you can live in San Jose or its suburbs and enjoy the amenities and culture of a modern city and visit the attractions of the rest of the country. In the suburbs of San Jose, $90,000 or less can buy a very nice condo. However, if you opt for Costa Rica beachfront property or a mountain retreat, these properties are still available for much less than similar, choice properties in North America. Coastal properties can cost less than $250,000 and Costa Rica beachfront property will start at under $400,000.

The residency requirements have no onerous restrictions with proofs of income minimal and the status cards easily renewable every two years. Costa Rica does not tax foreign residents on income earned outside of the country and most importantly the Costa Ricans, or Ticos, are friendly and welcoming to foreigners.

Today is the best time to make these Condos in Costa Rica your next living destination. Through preconstruction you’ll save 15% on your new luxury home! A great investment on Costa Rica Condos property for years to come, you’ll be proud to call this place your new home.

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Comments (0) Jan 30 2010

Costa Rica is a major tourist attraction for people from around the world but, primarily, the U.S. and Canada. Indeed, tourism accounts for nearly eight percent of its gross domestic product. This tiny country, only about the size of West Virginia, is world-famous for its warm, sun drenched beaches and beautiful tropical mountains and landscape. Though it encompasses only one tenth of one percent of the planet, it is home to an incredible diversity of plants and animals. In fact, nearly one of every five species of plants and animals on the globe is found here. There are more kinds of butterflies in this little place than on the entire African continent and nearly the same number of species of birds as in the continental United States. It is no wonder, then, that Costa Rica draws tourists like a magnet. This country, which has been a democracy since it cast off its Spanish conquerors, has acquired the status of a tourist hot spot in Central America. The boom in the tourism industry has contributed positively to the growth of Costa Rica real estate over the past decade.

Most real estate investors and second home buyers prefer areas that are attractions for tourists and, in particular, its magnificent Pacific coast. The large scale purchase of prime property along beach fronts (all of its beaches are public), mountain properties, farms (called fincas) and vacation rentals by expatriates have contributed to a steep hike in real estate prices in the most coveted areas.

Additionally, the massive influx of retirees and folks who choose to live in a tropical paradise and leave behind the pressures of day-to-day life has also contributed to the increase in property prices in some coastal areas. Plenty of investment has been coming into real estate from outside the country. The U.S. has led the way, certainly, but there are lots of investors from Canada and Western Europe. China has been increasing its presence in Costa Rica dramatically over the last few years, too and today there are thousands of Chinese who live there. In addition to beach-front property, the main areas of investment are farms, called fincas, which are being developed into subdivisions, mountain properties, and vacation rentals. Real estate prices have soared along the Pacific coast and some other parts of the country because expatriates and people wanting second homes have realized just how cheap, relative to the U.S. and Europe, land is.

A number of years ago, the country realized the benefits of sustainable development and tourism. Unlike many other countries, Costa Rica has learned the lesson that unregulated exploitation of resources is ultimately detrimental. Wisely, in the face of sometimes intense pressure, it refuses to allow oil exploration off its coasts. Tropical forests, once cut or burned for little farms, are returning. As more and more of the international community is encouraged to visit, investors from around the globe have found that Costa Rica is a wonderful real estate market. And, indeed, over the last decade there has been a real boom in development along the Pacific coast.

The severe economic downturn in the States and Europe has affected Costa Rica as well. Condo and subdivision development have slowed dramatically and in some parts along the Pacific coast, American second-home buyers, strapped for funds, have been forced to sell at very large discounts. One person’s challenge is another person’s opportunity.

However, many experts predict that the boom will resume in the coming years. Costa Rica will continue to draw tourists and retirees from America, Canada, and Europe. Savvy investors often pool their money to form real estate ventures with, up to now, assured returns. Indeed, many folks who invested in Costa Rica real estate a decade ago have seen their investment soar. To be sure, the economic woes in the States and Europe are felt here now but the price stagnation or decline is temporary and will form the basis of a great recovery.

The beach properties along the Pacific coast have seen, and will probably see, the largest increase in prices over time. The Caribbean coast remains relatively undeveloped. Certainly prices there, like all of Costa Rica, are rising but not nearly as much as on the other coast (which, of course, means that stress on prices have been less lately than on the Pacific side). And, as more and more Ticos move from the country into the big urban area around San Jose, available prime property has become increasingly scarce. Demand remains strong in the urban areas and, for more and more expats who live in Costa Rica, the amenities and climate around San Jose are proving irresistible.

Victor C. Krumm lives in tropical Costa Rica and has a beautiful websiteCosta Rica Vacations. Look at prettyCosta Rica Real Estate

Comments (0) Dec 28 2009