Real Estate Property Investment Series: Focus Costa Rica 2007

Costa Rica has had an active and prosperousnews could open themselves up an entirely new
property market for at least the last ten yearsmarket to target in Costa Rica.
with median market price movements across theThis new expected explosion of interest will be
country at least trebling in that time, but asaccompanied by continuing factors that will
recent history has shown us, the appeal of Costaunderpin the ongoing appeal of Costa Rica for all
Rica is rising and up to quadruple gains have beeninvestors and real estate buyers such as the fact
achieved in the most actively marketed andthe nation is stable, secure and the Costa Rican
targeted real estate investment hotspots such asgovernment is active in the promotion of the
Guanacaste in the past three years alone.nation as an attractive investment hotspot. While
All economic and political signs point to at least athe government maintains its focus on improving
prosperous short to medium term future forinvestment conditions and maintaining the overall
Costa Rica and because the nation's governmentattractiveness of the nation, it will continue to be
is doing all it can to attract even greater levels ofa popular place to invest, retire and even live and
foreign direct investment and even morework. So far GDP growth in Costa Rica in 2006
international retirees and expatriates to move tohas exceeded al expectations of it and the
live in Costa Rica, this represents one of theInternational Monetary Fund has directly praised
most exciting periods to potentially profit fromthe Costa Rican authorities for actively working
property in Costa Rica in the country's history.towards the establishment of a free trade
At the present time the main demand foragreement with America and for curbing spending
properties for sale and rent in Costa Rica is fromto make the economy incredibly strong going in
the North American baby boomer consumer withto 2007.
Northern American and some European travellersFinally, if you are not yet convinced that Costa
making up the strong tourism numbers whichRica is an excellent nation to explore for
support the property investment community bymaximum profitability in 2007 consider the
demanding access to any well located buy to letfollowing facts if you will - thanks to the
units...but the climate of activity in the propertygovernment's commitment to stabilising Costa
market is developing and 2007 could see one ofRica and making it attractive for investors foreign
the most significant periods of developmentdirect investment is now stronger than ever in
occurring when direct cheap flights from theCosta Rica particularly in the tourism and property
United Kingdom begin.sectors, and anyone sitting back and still
From May 2007 Britons, (who are famouslyconsidering their options should bear in mind that
hungry for international real estate in the form ofhundreds of buyers are ahead of them in making
investment opportunities or holiday homes in thetheir decision to commit to Costa Rica and the
sun as well as retirement homes), will be able tolonger you leave it the higher prices will rise and
fly from London to Costa Rica, non-stop, directthe harder it will be to gain entry to this, one of
and cheaply! This will dramatically increase thethe most exciting property markets for 2007 and
numbers of potential buyers arriving in 2007beyond.
meaning that investors quick to react to this