| Should you buy a condo in Costa Rica? Yes!! By all | | | | for you. It's springtime all year round. If you like |
| means. There are several very good reasons | | | | the heat and are sick of the cold, you can live |
| why. | | | | near the beaches. They have a very small |
| First, Costa Rica is a free country that is | | | | fluctuation in temperature range for the entire |
| controlled, like the US, by a constitution. Their | | | | year. It is true that you could own in condo in |
| constitution guarantees private ownership of | | | | Miami and see all the beautiful palm trees, but |
| property and foreigners can buy property there | | | | have you ever spent a winter in Miami? If you |
| as easily as Costa Ricans. | | | | have, you know that it can get mighty cold. No, it |
| Second, It is a stable, democratic and peaceful | | | | doesnt snow, but those cold snaps can be a |
| country. Unlike other Latin American countries | | | | disaster if you have sunbathing or swimming in |
| where you run the risk of an unstable | | | | your pool in mind. BUT!! The beaches in Costa Rica |
| government and possible expropriation of assets, | | | | are NEVER cold and there is no such thing as a |
| Costa Rica offers stability not only from an | | | | cold snap. Flip flops, shorts and t-shirts are an all |
| investment standpoint, but from a personal well | | | | year wardrobe. |
| being standpoint, too. | | | | Fifth, the cost of living in Costa Rica is much |
| Third, as the old saying goes, its not good to | | | | lower than the USA, Canada and Europe. Yes, it's |
| keep all your eggs in one basket. From an | | | | true that the initial purchase price for a condo in |
| investment point of view, owning property in | | | | Costa Rica may seem high, but in reality, they are |
| Costa Rica is a good deal for Americans, | | | | not. If you were to buy a condo in Florida, Hawaii, |
| Canadians and Europeans. It allows the first world | | | | California or Puerto Rico anywhere at all within |
| to 'diversify' their property holdings to own | | | | walking distance of a beautiful beach, you would |
| property not only in their country of origin, but | | | | pay a hefty price indeed. A comparable condo in |
| also in a completely different country that | | | | Costa Rica near the beach will cost you much |
| happens to be small enough to be ignored by all | | | | less. Not only that, but annual taxes are incredibly |
| the terrible things happening in developed | | | | low. You could pay $5000 a year in Florida (and |
| countries. It is, quite simply, a safe haven. | | | | thats low these days), but for a similar condo in |
| Fourth, Costa Rica has many wonderful climates. | | | | Costa Rica, you would probably pay around $200 |
| If you like spring, the central valley is the place | | | | to $400 a year. |