Land for sale in Costa Rica – Increase your profits by buying in the right location
Many investors are aware that the land that is for sale in Costa Rica right now can generate quick capital gains; however, shop at the right place and you can earn even more money.
This article is about buying land in Costa Rica and more importantly buying land for sale in the RIGHT place to increase your profits.
With up to 1 million Americans expected to live in Costa Rica by 2010, this is a great opportunity for real estate and land investors to get in early and make a fortune.
Rent, Rent, Rent!
As with any investment in land and real estate, location is key.
The average cost of property and land for sale in Costa Rica has increased 300% in the last 10 years, but this is just the average, there are areas of Costa Rica that have seen greater increases in value.
The trick is to watch the developing infrastructure, to see where the next “hot spot” might be.
The comfort factor
Why are people moving to Costa Rica? There are many reasons and they include:
· Reduction of tax liability
The cheapest costs of living, with daily expenses up to 70% cheaper than in the US.
The stunning beaches and the beautiful scenery.
The safety factor and the slower pace of life
The comfort factor and infrastructure
When people choose to live abroad, one of the first things they want to do is replace the comforts of home they just left, and this means considering the comfort and convenience factor.
Here are three changes in infrastructure, which could generate big returns for investors buying land in Costa Rica. The trick is to buy before the facilities are complete: get ahead of the crowd, and then wait for the herd to follow and drive prices up.
Consider the following changes and think about how you could take advantage of them – here are three real life examples that are happening right now in Costa Rica:
1. New Highway: This highway, which will be completed shortly, will link the largest metropolitan cities with the Pacific coast and allow greater mobility and ease of access.
2. New Marina: The largest marina in the country will soon be completed in the coastal town of Quepos.
3. New Airport: A new international airport is being planned and will be built near the city of Orotina with direct flights to the US.
Get ahead of the crowd
Buying land that is currently for sale in Costa Rica, close to any of the three developments mentioned above, can help you beat average growth rates, which are already impressive.
There are of course many more examples in many different areas of Costa Rica, where land that is currently for sale will increase in price; you simply need to do a little research and get ahead of the crowd to make above average profits.
The prices of properties and land for sale in Costa Rica are constantly increasing, and there is no reason for this trend to end; in fact, the influx of foreign buyers is likely to speed up price increases.
Not only are US citizens buying in ever-increasing amounts, so are other foreign nationals. Major corporations are also moving in, including Intel, Microsoft, and Procter and Gamble.
All of these changes will see new developments in the infrastructure to support these newcomers, and the land that is for sale in Costa Rica will see savvy buyers making huge capital gains for years to come.
Unlike many of the new so-called hot markets, Costa Rica is stable, the infrastructure is good, and shopping is easy. Also, foreign investors buying Costa Rican land have the same rights as Costa Rican citizens, making it a great investment opportunity.
