Costa Rica Real Estate Investing – In the path of progress

Where to invest? How much to invest? For how long? What’s the risk? How easy is it to sell? Who will guide me along the way?

These questions are asked a million times per day in hundreds of languages by investors all over the globe, but after this last week, looking at the US stock market – which is now officially – a bear market, and seeing oil prices at yet another record high of $142+ a barrel, with global equities in general heading for their worst first-half performance in 26 years – our real estate investor clients are more enthusiastic than ever about offshore real estate investments… In Costa Rica.

When you are considering investing in something new, you naturally tend to be more cautious. But after you have proven to yourself that you have a profitable strategy and that you are working with trusted advisors, you are able to make quicker decisions on additional investments.

With Costa Rica real estate, many of our VIP Members were hesitant when they made their first real estate investment but after they realize that there are no currency exchange problems, they can buy Costa Rica real estate with US dollars and depending on the area, and the kind or property they buy, they can rent it out and have it professionally managed, they tend to feel very much more comfortable.

Here in Santa Ana which is about 12 minutes west of San Jose, first there was the Forum I Office Park, now, less than one mile away they are finishing construction on the first 6 of the 15 buildings that will be a part of the new Forum II.

These two office parks have changed the demographics (and the fortunes) of the Santa Ana area and business is booming. Before my first book sold out two years ago, many of our VIP Members had read it Costa Rica’s Guide To Making Money Offshore in Bull & Bear Markets invested and have since reinvested in our recommended properties and thankfully, they have continued to be very happy with the results.

Not everyone wants to live or retire in an area that is experiencing this kind of explosive growth, no matter how well located and convenient everything might be because there are growing pains for example, traffic is heavier than ever…

However, having just signed contracts to sell a home in Santa Ana after owning it for only 13 months and seeing it appreciate by 30%, I can personally confirm that over the past decade Santa Ana real estate has been a very profitable investment, other VIP Member clients who have managed to see recent 33-86% real estate investment returns in one year would agree.

One of our VIP Members Chuck Martonicz from Indianapolis summed it up nicely when he said that: “Not only did Mayra sell us an investment property and get us a tenant, but she provided us with complete furnishings for our condominium. Everything from beds to silverware and window treatments!

By following the advice given in WeLoveCostaRica.com, using the Recommended Realtor and attorney, and a bit of common sense, both Faith & I are extremely pleased with our purchase.”

Thanks for those kind words Chuck – Con mucho gusto….

Written by Scott Oliver, author of How To Buy Costa Rica Real Estate Without Losing Your Camisa and Costa Rica’s Guide To Making Money Offshore.

Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.