Costa Rica Real Estate Investments – VIP Member doubles his money in less than six months.
Many of our Costa Rica real estate investment clients rely on us for ideas on how they can make the best use of their money and as you will clearly see below, the ones that have taken our advice have done well.
We showed you a North American built Costa Rican real estate project that has enjoyed proven resale profits of between 33-86% in less than one year.
And last year, you may have read about our strong recommendation of the developers behind the Avalon Country Club condos in Santa Ana who, if we recommend them, must be financially strong, experienced developers with a proven track record of delivering quality real estate in Costa Rica.
We have dozens of VIP Members who bought these soon to be built Santa Ana condos so let’s take look at how their investment in this Costa Rica real estate project have performed…
Costa Rica Real Estate Investment Profit of 107%+:
- DB bought his Santa Ana Avalon Country Club condo in September 2006 for US$92,214 and today that condo is priced at US$128,000 – That’s a 38% gain in six months or $35,786.
- JB bought his condo is October 2006 for US$140,487 and today that condo is priced at US$198,800 – That’s a 41% gain in five months or US$58,313.
- GP bought his condo in November 2006 for US$135,626 and today that condo is priced at US$180,600 – That’s a 33% gain in four months or US$44,974.
- RS bought his condo in January 2007 for US$160,300 and we managed to get him locked into 2006 prices so he’s one happy camper today because today, the condo he owns is priced at US$212,800 – That’s a 33% gain in four months or US$52,500.
- AG and NL both bought Avalon Country Club condos in January 2007 for US$154,161 and today those condos are priced at US$196,204. – That’s a 27% gain in two months or US$42,043.
- AB bought his Avalon Country Club penthouse condo in February 2007 for US$245,258 and today that condo is priced at US$286,134 – That’s a 16% gain in about six weeks or US$40,876.
These are even more impressive investment returns when your remember that not one of them has paid their full 20% deposit yet which they are paying in monthly installments over the period of time that their condos are being built and the first apartments are due to be finished in July 2007.
Truly Golden Profits of 107% in Six Months:
Now JB is actually the only one above who paid his 20% deposit in full (the others have not), that would mean that he paid US$28,097 towards his US$140,487 condo.
That condo in Santa Ana he bought would sell now for $198,800 which means that “if” he decided to sell today (which we could do in a flash because we have far more buyers than apartments remaining for sale), then he would receive US$58,313 or 107% on his initial investment in less than six months.
With our guidance, JB has doubled his money investing in Costa Rica real estate in less than six months!
True, there would be sales commission expenses but even if you take that into consideration, would you be happy investing US$28,097 in Costa Rica real estate and putting at least US$48,000 in your pocket less than six months later?
US Real Estate Investors in Costa Rica:
All of these money making VIP Members are from the USA and reading about how January 2007 new home sales in the USA had their steepest one month drop since 1994, our VIP Members are just thrilled that we have been able to show them these results.
That’s the good news, the bad news is that this Country Club Condo project in Santa Ana is now 96% sold out and they haven’t even finished building the first apartments yet. But we are evaluating new projects all the time…
Past Results Are No Guarantee of Future Returns:
And we must remember that there are risks involved with every investment including Costa Rica real estate, the key is to methodically minimize those risks.
You will not get these results in this kind of time with every real estate investment or every developer. Just like the stock market, it’s best to remember that ‘trend is your friend’ and we need to invest in the highest probability type Costa Rica real estate investments, preferably with the lowest possible risk.
The overall Costa Rican real estate market is stronger than ever, prices for quality homes built by proven developers continue to rise and new home construction in Costa Rica grew by 71.19% in 2006 compared to 2005 but, even with all this huge growth, we will not be relax our standards and we will remain focused on showing you – our VIP Members – the highest probability, lowest risk Costa Rica real estate investments. The trend is very much in our favor…
Unfortunately, it is impossible for someone living in the USA or Canada to keep abreast of the numerous factors involved in real estate investing in Costa Rica, where the system of law is completely different and where everyone speaks Spanish, that’s why we’re here.
Costa Rica Real Estate Investment Analysis – Step by step:
- We start by only recommending financially strong, experienced developers with a proven track record of delivering quality real estate in Costa Rica so first of all, you know that the developer is one of the few good guys …
- We have experts that carefully analyze the master plan of the individual project to ensure that it meets the needs of our VIP Members and that there are no serious problems with access, electricity and other services that will be required.
- We check out the specific geographical area to ensure that there are no ‘unique’ peculiarities… For example we reviewed an awesome plan late last year but declined to represent the project because of a serious water shortage in the area. The chances of you learning about that (or someone telling you which they would have to disclose by law in the USA) are very small indeed but, you can just imagine how disappointed you would be in your new dream home if you didn’t have enough water to take a shower, never mind fill the swimming pool.
Developers Are Asking Us For Help!
As the author of the best-selling book on Amazon.com about Costa Rica real estate, How To Buy Costa Rica Real Estate Without Losing Your Camisa (it’s the only book available), many developers that I consult with are asking me for help.
They want to know how to create attractive projects that will appeal to North American real estate buyers. They want to know what will sell so I am in the enviable position of helping them to create the perfect product for you.
And because we’re talking with these developers about their new projects before they’ve done the master plan, 99.9% of the real estate brokers out there haven’t got a clue what’s going on but our select network of recommended Costa Rica Realtors do… You will only hear about it from us here at WeLoveCostaRica.com
Santa Ana Avalon Country Club Condos – Now 96% Sold Out:
And they haven’t finished the first building yet… There are only seventeen condos remaining for sale priced from around US$250K so if you missed out on these, that’s fine! Blame me if you like for perhaps not being as persuasive as I should have been but try not to miss out on the next one…
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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.
Scott Oliver does not personally sell real estate but if you want to be first in line to evaluate similar hot properties that could be very profitable Costa Rica real estate investments then please help us to help you by contacting us using the form below:
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