|
The overseas property investment we are referring to is in Costa Rica and has the following advantages:
1. Property is 70% cheaper than in the US and demand is high from foreign buyers particularly the US and this means increasing values:
$30,000 worth of property purchased near Jaco just 15 years ago is worth up to $800,000 today
2. The Rental market is booming
The rental market is strong, as Costa Rica remains one of the best vacation areas for adventure tourism and is frequently rated the number 1 destination in the world.
3. It offers security
When you buy you get the same rights as residents and the buying process is simple. Property taxes are low, the country is also stable and democratic
What Gains can I expect?
This depends on location of course, but many savvy investors buying near the expanding infrastructure and making triple digit gains.
Why will this market continue to offer good gains?
Many overseas property investors like the new property "hot spots" but most of these never take off.
Some do of course and investors get rich but most new hot spots fade quickly and investors suffer losses.
By buying an established market with rising investment, you are buying a proven trend and that means confidence that attracts further investment.
Costa Rica will continue to attract investors as its an established market and people like to buy into an area they know other people have.
While people are happy to buy overseas investment property, they still want good infrastructure, stability, low crime and beautiful scenery. Costa Rica offers this and with rising investment that shows no sign of slowing down the future for this market looks bright.
The best location for growth potential
While it is not a new hot spot the potential for growth is high and the best area in terms of potential for overseas property investment is the central Pacific coast.
FREE GUIDE For a FREE guide on the beneifts of Costa Rica for overseas
property investment and the best locations in terms of risk reward visit
www.net-planet.org/costarica.php
|
|