Flying to Costa Rica requires a sense of adventure. The airport is covered by a corrugated tin roof and has no air conditioning. From this point it is a four hour long bouncing and teeth jarring drive into the interior of the rain forests and up along the coastal road. Despite the bumping and discomfort of the ride, the breathtaking beauty of the scenery leaves any spectators gaping in amazement. Costa Rica is one of the most beautiful undeveloped places left on the earth, as rampant development has wiped out most diverse natural resources and lush beauty. But the earth and mother nature still bloom in all her glory in the Costa Rica rain forest and the surrounding areas. The coastal regions are prime undeveloped real estate that can attract new retirement and vacation home buyers from all over the world.
The undeveloped nature of Costa Rica real estate makes it a prime investment vehicle for those investors willing to hold and wait on their real estate property. Before long, the coastal regions of Costa Rica, comparable to many resort destination locations around the world, will command tremendous value in equity as well as potential future profit for those who wish to develop and lease the property or lease directly to residents or developers. While either strategy can be valid and will certainly take advantage of Costa Rica's wild and undeveloped nature, it is critical that the real estate investor move on the Costa Rica real estate market before the well runs dry.
Costa Rica's lenient regulations and minimal interference from its government allows residents a spectacular array of rights as citizens and property owners, an important part of any real estate investors research. These rights make Costa Rica an ideal location for investing in real estate for the long-term as well as investing to hold and wait in order to sell to developers or lease directly to residents in the future. The popularity of Costa Rica as a vacation destination has been growing for many years and has just recently begun to explode.
In order to get ahead and stay ahead of this sudden explosion in interest in Costa Rica real estate, the real estate investor should begin investigating his or her options and attempt to exert some type of control over the real estate of their choice as early as possible.
Saturday, August 25, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment