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[10/05/2007]
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Costa Rica Beachfront Property
 

Many investors are looking for international real estate markets for reinvestment options because of changing domestic market conditions. This article looks at Costa Rica beachfront property and the opportunities it provides to investors looking for alternative real estate markets.

With a national trend of declining opportunity in the domestic investment real estate market, many are looking to redeploy their investments internationally. Many investors are wondering if Costa Rica beachfront property represents a practical option.

There are a large variety of beachfront properties for sale in Costa Rica, particularly along the southern Pacific coast. Costa Rica beachfront property can found on this coast at locations such as Puerto Viejo, Punta Uva, Manzanillo, Cocles and Cahuita. In all these areas the views and wildlife are spectacular. Playa Grande, in the heart of the “Gold Coast”, offers a luxurious option for Costa Rica beachfront property with plenty of amenities and high-end gated communities. This location was also awarded the "Ecological Blue Flag" for the high quality of its environmental protection. So, if you're looking for an environmentally-sensitive location, this may be the place to be.

If agriculture combined with a beachfront location is what tops your list of priorities, Costa Rica also offers great farmlands, many settled nicely along the coast. With sound agricultural techniques and access to equipment, locations such as Fortuna offer an interesting option. Also, coffee plantations, wild forests and volcanoes also dot the coastal strip to provide another interesting location for any of your investment fantasies.

In terms of the actual investment itself, you will definitely need to crunch the numbers. Costa Rica has been on the investment radar for a number of years and property prices have risen dramatically. But, if you find an investment that pencils out, the good news is Costa Rica is foreign-investment friendly. It has a generally open international trade and investment regime, with the exception of a few sectors that are reserved for state companies. The government has campaigned at many levels to attract high quality foreign investment to Costa Rica. The Costa Rican Investment and Development Board (CINDE) assist the government's efforts through its offices in Costa Rica, the United States, Europe, and the Far East. The judicial system upholds contracts, but special care must be taken in contracting with the state or making investments in sectors reserved or protected by the constitution or by laws for public operation.

Costa Rica beachfront property provides investors with a new market to explore. We'd advise taking a visit before deciding officially that Costa Rica is where you want to be. And be sure to send a few postcards our way when you get there.

 
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