Property in Costa Rica Where Second Homes Are a

Property in Costa Rica Where Second Homes Are a Good Investment

If youre thinking of buying a second home, then you should consider buying property in Costa Rica – as prices are currently still inexpensive, but are rising rapidly.

By buying property in Costa Rica, youll be able to take advantage of a real estate boom thats set to continue for many years to come.

Lets look at why buying a property in Costa Rica is such a good investment:

Property Prices in Costa Rica are rising

Investors that purchased a $30,000 property 15 years ago, now find that their property is worth as much as $750,000.

Another example of the Costa Rica property boom is the Marriot Corporation, which built the Los Suenos Resort, pre selling fifty condominiums of 2000 square feet for $250,000.

The following year, Marriot sold another fifty at $350,000. This years upper end units are being sold for as much as $450,000 to $850,000!

The biggest change in property in Costa Rica during the past decade is that prices have dramatically increased as Costa Rica has attracted more foreign buyers – and prices have doubled, or tripled, from 10 years...