| Everyone knows that you can build wealth and | | | | buying second homes here. |
| make money fast in real estate but much of the | | | | 3. The Government makes it easy, by giving the |
| property in North America and Europe is | | | | same rights as local residents as well as keeping |
| expensive and doesn't offer huge growth | | | | red tape to a minimum. |
| potential. | | | | 4. An investment in Costa Rica property is |
| Here we are going to look at overseas property, | | | | extremely tax efficient and property tax is low. |
| that's cheaper and has better growth potential. | | | | Is it cheap and easy to invest? |
| Americans are buying in record numbers in this | | | | Property is affordable risk is low and profit |
| country and making up to 100% annually on their | | | | potential is high and the factors above that are |
| investment. | | | | driving property prices will continue to do so. |
| The country is Costa Rica | | | | Where is a good place to buy? |
| Why are Americans buying in record numbers? | | | | As we know the key to any property |
| Quite simply ocean view property here is up to | | | | investment is location and the best location in |
| 70% less than in the US and with the thirst for | | | | Costa Rica is the area around the town of Jaco |
| beach front property investors are buying in huge | | | | on the Central Pacific coast. |
| numbers. | | | | This area is popular with both domestic and |
| What is the profit potential? | | | | foreign buyers and property values are increasing. |
| Buyers that purchased $30,000 of property in the | | | | You have a beautiful area with great |
| town of Jaco 15 years ago are now worth as | | | | infrastructure not far from the main international |
| much as $780,000. | | | | airport for easy access. |
| The Marriot Corporation who own the Los Suenos | | | | Buying in this area around new developments and |
| Resort, pre sold 50 condos of 2000 square feet | | | | expanding infrastructure can give huge profit |
| for $250,000. | | | | potential. |
| The next year Marriot sold another batch at | | | | Costa Rica is an established overseas investment |
| $350,000. The next year units were sold at up to | | | | location and the government is stable and |
| $850,000 | | | | democratic and they have made investing in |
| Why are these gains likely to continue? | | | | property easy and potentially lucrative. |
| There are several reasons: | | | | Investing Is Easy |
| 1. More people than ever are retiring to Costa | | | | You can of course invest yourself or you can |
| Rica to get a cheaper more affordable standard | | | | take advantage of several specialist realtors who |
| of living. | | | | can help with you select the best locations and |
| 2. Costa Rica is beautiful and many people are | | | | the best properties for your budget. |