Wednesday, September 30, 2009

Costa Rica Condos

A mere proposal of buying a property in a foreign country can give you jitters. However, an easier way to try your luck is to buy a condo property in Costa Rica.

Costa Rica serves as the most popular tourist destination in central and South America. Thousands of tourists flock Costa Rica every year. The tourist’s inflow has resulted in the boom in real estate industry. The property prices have soared by 100% in the past five years.

Costa Rica’s varied landscapes and mild weather makes it the spectacular vacation gateway.

The property dealers have invested in building condos and this is a big boom in this Central American country! The reason is simple it is easy to build many condos one plot of land than building villa.

Sale of condos in Costa Rica is aided by the fact that large number of people from the U.S, Canada and Europe, want to buy a second home come to Costa Rica. They do so for a second vacation home for summer.

Real Estate Investment Title Registration Costa Rica

It is true that purchasing international real estate is not an easy task. It is also true that it becomes less stressful when you pay a little extra and take the help of the right professionals. In a country like Costa Rica, you can avoid risk factors associated with language barrier and different real estate laws by accepting the guidance of professionals through various stages of purchase.

In Costa Rica, you can make successfully invest in real estate properties ranging from farm houses, condominiums, water front villas, mansions, apartments or time shares. However, you have to begin your search for your dream property at the Public Registry.

In Costa Rica, properties are centrally registered. You simply have to hit any of the Public registry offices in San Jose and perform the title search in the computers. This computerized registration system is known as “Folio Real”.

Perform a title search on “Folio Real” prior to the purchase of any property in Costa Rica. The title search will give you all the necessary information about the property you intend to buy, the current and last ownership of the property, the actual area of the property and its boundaries, exact location, its mortgage status and the any financial tax dues, if any.

If you don’t find information about a certain property in “Folio Real”, try looking for it in the special books preserved in the offices of Public Register. The information you find here are will be authentic as well.

properties for Investment in Costa Rica

Owning a nest away from home is not a new phenomena among the wealthy Americans; what is new is their desire for finding the place that is comfortable, affordable and yet uncommon. Going beyond the expensive Floridian properties, more Americans are finding their dream properties in the exotic lands in other continents and Costa Rica comes as a natural choice for the savvy investors.

Not only from US and Canada, overseas investors and buyers from Europe are also taking keen interest in Costa Rica real estate. And, why not? According to CIA estimate, Costa Rica real estate finishes among the top five real estate destinations in the world. Costa Rica properties promise good capital growth with a steady growth of 20-50% per year. This means that your investment in real estate gives you good return on your investment.

Add to these the other comparative advantages of Costa Rica real estate over the other Latin American countries. For example, in Mexico, a foreign investor can not buy free-hold properties within 200 miles of the coastline. Take Nicaragua; the lands are cheap, but much of its land is not yet titled.

A Private Piece of Heaven Just For You

After going through the maddening rush of urban living, you definitely deserve an escape to the solitude of nature. Welcome to beautiful Costa Rica, where virgin nature awaits your footsteps. Fondly called, the Switzerland of Central America, Costa Rica is really alluring with its green mountains, gushing rivers, sun kissed beaches, expansive valleys and above all a great climate that is rated one of the worlds most comfortable.

In Costa Rica, you can choose from a variety of properties---vacation rentals, isolated villas or residential condo complexes.

By investing in Costa Rica real estate, you can have the best of the both worlds. Use your property when you are in vacation; rent it out to the tourists when you are not using your property.

In Costa Rica your vacation real estate offers you another trick to make money out of it---just form a private group with your friends and acquaintances and make an arrangement of private time-sharing among yourselves

Perfect Real Estate Investment in Costa Rica

How would you like owning a vacation home on a lonely beach, surrounded by green mountains? Forget California or even Hawaii---look for your holiday nest in the neighboring countries where real estate prices are still affordable and nature is still un-spoilt by the invasion of urbanization.

The Republic of Costa Rica can offer you everything that you wish to have in your vacation home---peace, luxury and beauty. And above all, you will not have to burn a hole in your pocket to own a real estate in this beautiful Latin American country that is known as the Switzerland of Central America.

Costa Rica boasts of great mountains that are covered with thick forests, the stunning beaches that will teach you the true meaning of peace and quiet, and the sprawling farm lands replete with colorful flora and fauna. Depending on your taste and holiday needs, you can choose from different types of Costa Rica real estate. You can buy a gorgeous condo property with ocean view, or you can purchase a luxury villa on a lonely hilltop.

The Right Choice for the Nature Lovers

In Costa Rica, you will find the innovative concept of horizontal condo to be most attractive as they promise you utmost privacy. High standard of medical facilities is one of the plus points of Costa Rica as a real estate investment destination. Add to it, the old world, small town charm and slow paced life style, you will get your answer why more and more Americans are setting up their second home in this country, some of them even choosing it as their place of residence.

Colorful marine life that includes big turtles, huge gathering of Merlin and tuna fishes, the meeting ground for the hundreds of pelicans, herons and other kinds of sea birds---all of these are the part of life in Costa Rica.

The nature lovers all across the globe flock to this country and make it their home forming a unique multi-cultural community consisting of Europeans, Americans, and Latin Americans. From affluent retirees to the highly place government officials, the foreign buyers have all the fine people around them as their neighbors.

If you are not nature lover, then these real estate properties in Costa Rica set amongst gorgeous surroundings are bound to turn you into one.

Investing In Costa Rica Real Estate

Costa Rica has become a real estate investors’ paradise in the recent years. You get low cost quality construction materials and the labor is readily available at a reasonable rate. Add to it, the low property tax structure and you get the perfect excuse for buying a beach front villa or lake view condo in Costa Rica.

Costa Rica greets you with an unmistakable European air as a number of European settlers live across the Costa Rican coast. In addition to that, thousands of American tourists visit Costa Rica every year. With its sunny climate and improved medical facilities, Costa Rica also attracts the retirees in the look out of a peaceful retired life.

No matter what you are looking for---sophisticated condo properties on the beaches or sprawling mansion on the top of hill---you will get them all in Costa Rica at affordable rates. You can get information about the major development projects in Costa Rica from the internet listing. These give you comprehensive information about various types of Costa Rica properties in several parts of the country including Tambor, Malpais and Montezuma.

Costa Rican real estate market is currently undergoing a boom; still you get your dream properties at a reasonable price.