Growth of Real Estate in Costa Rica Is Phenomenal
Many locals are eager to share stories of their next-door neighbor, who purchased a lot of land for $6,000 a few years ago and recently sold it for $50,000 or more. Any way you frame it; the Costa Rican real estate market is just plain hot.
Even the New York Times is jumping up and taking notice of the burgeoning real estate market in Costa Rica. In a recent article, Times? reporter Janelle Brown highlighted a number of individuals who had made a killing on their real estate investments in Costa Rica within the last three to five years. Every story mentioned extraordinary gains in value for investors, with many properties purchased for as little as $50,000 and sold for $500,000 a short time later. Realtor Chris Mailloux was quoted as saying ?there?s not a lot left that hasn?t quadrupled in value in the last three years.?
If you want further evidence of what a great deal investing in Costa Rican property can be, all you need to do is look to the hundreds of foreign companies that are practically running to start plants and divisions in Costa Rica. Just a smattering of the companies you?ll find based in and around San Jose are Sony, IBM, Chiquita, Dole, Proctor & Gamble, Excedrin, and Intel. But don?t think there isn?t still ample room for growth?companies like Cisco are currently celebrating the ten-year anniversaries of opening for business in Costa Rica, and continue to grow strong.
Aside from these major companies, many key individuals on the international scene have been discreetly investing in Costa Rica property. Steve Case, the founder of the multi-billion-dollar company AOL, owns property in Costa Rica.
Luxury condominiums are currently selling for upwards of $300,000, properties that would have cost a mere fraction of that only a few years ago. New hotel chains, eager to take advantage of the rise in ecotourism and the influx of foreigners seeking sage, low-cost elective surgeries in Costa Rica, are springing up rapidly, building multi-million dollar luxury suites where only a year ago there was no sign of economic life.
The continually rising property values are not just a fluke. Costa Rica is fast gaining international renown for its friendly, well-educated people (their literacy rate exceeds 96%), its cutting-edge medical services, and its natural beauty. As tourist and commercial interests in Costa Rica grow, the price of real property in Costa Rica will continue to rise, making it the perfect investment for today?s economy.
by David Lovendahl, Costa Vista Marketing
Costa Vista Land is ?developing paradise? in Costa Rica http://www.costavistaland.com. The company buys raw land in large quantities after they have thoroughly surveyed and researched all details. Because of this, Costa Vista Land acquires their properties at discount prices and develops them in less than 18 months. Hence the unique program in which you can obtain developed land at undeveloped prices and why company President, Brad Hogan says, ?We are an investment company first and a land sale company second.? Parcel choices range from valleys to mountains, to beautiful coastline property. This lucrative program comes with 100% money back guarantee. Everyone is encouraged to visit Costa Rica, stand on their property and see the beautiful country they have invested in. While visiting, the company pays for your accommodations, meals and transportation. For more information contact 1-877-55-COSTA, or order the FREE 50 minute informational CD at http://www.developingparadise.com.
Related Articles:
Tips on Buying Real Estate for Investment
Many people think that in buying real estate as an investment they can't go wrong, but there are some things to watch out for. One thing is buying real estate that is offered to you through a real estate seminar you may have attended. Don't fall for that 'once in a lifetime opportunity' scam. Real estate is available all the time and if you buy it through them, you'll be lining their pockets much more than your own.
Young Florida Bail Bondsman and Father of Three Slain In The Line of Duty -- Suspect Held Without Bail -- New York Bondsmen Mourn the Death of A Flori
Florida State Bail Bondsman, husband and father of three Jerry Anthony Dongo, 32, was Slain in Miami Monday night as he and 4 other Bondsmen were arresting a convicted felon Christopher Walls after approaching his vehicle. Jerry Dongo was not wearing his bullet proof vest at the time of the shooting. George Zouvelos president & founder of the NYPBA, New York State Professional Bondsmen & Agents, launches a campaign to promote the active wearing of bullet proof vests, improved training for Bondsmen and legislation that would make it a crime as if you were harming a peace officer when assaulting or injuring a Bondsmen in the line of duty in New York State in response to this tragedy.
XXY.com is the Only Affiliate Network that has the Autographed and Personalized Book Deal About the O.J Simpson Arrest in Las Vegas
The Notorious Endeavor Assigns Agency Of Record status to XY7.com for Exclusive Online Media Deal
Orlando DUI Law
DUI offenses are more than just ordinary criminal offenses. DUI/DWI laws can be very complex, which means that it is best dealt with by a legal expert if you want to successfully appeal against the charge and get it dismissed. DUI charges are usually based on a person's BAC or blood alcohol concentration and may be determined by the administering of a breath, blood or urine test (which is usually conducted if drugs are suspected). Each year, states enact stronger DUI laws and more severe drunk driving penalties. There's several different organizations with a vested interest in keeping the number of DUI arrests up as well as increasing the penalties and fines to keep revenue up as well. When a driver has been acquitted of DUI charges in cour...
NorthMyrtleBeachGolf.com Announces New Highly Competitive Rates for its 2008 Golf Packages
With Myrtle Beach being the top golf destination in the world, NorthMyrtleBeachGolf.com offers its guests some of the best luxury accommodations on the Grand Strand for any size group.
Brangelina Move to Big Easy & Spark Real Estate Craze; Marriott & Renaissance Hotels of New Orleans Serve as House Hunters' Headquarters
Celeb-watchers, wannabe A-listers and real estate junkies, let the bidding wars begin. With Brad Pitt and Angelina Jolie's recent move to New Orleans, the Marriott and Renaissance Hotels here are launching a Relocation Vacation escape to make moving to the Big Easy, easy.
Top Rated Illinois Golf Resort in Oak Brook Hills Offers Two Great Golf Vacation Packages Perfect for Summer Getaways
The Oak Brook Hills Marriott Resort and Willow Crest Golf Club combine their efforts to offer amazing hotel deals in Oak Brook, IL
Discover Eaton Canyon In Pasadena California
Eaton Canyon Natural Area Nature Center, entrance, 1750 N. Altadena Drive, Pasadena, Ca.
Florida Health Insurance -- Consultant Examines Biden Health Insurance Plan
Democratic presidential candidate Joe Biden revealed his health care plan this week that would, "expand access to health insurance and help pay the costs of catastrophic care." Florida health insurance consultant Morgan Moran said, "Biden's plan goes against president Bush, and would help insure the 9 million children now without coverage by expanding the current State Children's Health Insurance Program, also known as SCHIP."
MDVIP Launches Preventive Medicine Pilot Program for Uninsured in Florida : MDVIP Doctors Join Project Access and Palm Beach County Medical Society
When Dr. Edward Goldman heard about Project Access, a program designed to provide emergency medical care for uninsured people in Palm Beach County in late 2007, he wondered what happened to those patients after the emergency episode.