About Real Estate in Costa Rica

The 3 countries in this area; Panama, Nicaragua and Costa Rica offer great options for investment and real estate activities with their fantastic coast lines and breathtaking scenic beauty in a relaxing environment free of pollution.

Many foreign investors turn towards Nicaragua as real estate prices are much cheaper there than in Costa Rica. For some, it is prudent to invest in Nicaragua now as cheap lands at prime locations are still available in this county at reasonably low prices. The Costa Rican phenomenon, where real estate investment growth by over fifteen times in a period of five years is expected to be repeated in Nicaragua, if the political climate remains as it is now.

Among these countries, Costa Rica has proved to be the first preference for real estate investments among foreigners. A long history of political stability and conscious promotional efforts by the government are main reasons for such a development. Nicaragua is trying to follow the Costa Rican model for real estate development. The political stability achieved in the past two decades along with the government support will make this a lucrative place for foreign investments.

The real estate prices in Panama are comparable to Costa Rica. Panama has good infrastructural facilities. American presence in the country for a long time has created infrastructure which is much closer to American style of living, thus making foreigners feel at home in this country.

All the three countries, Nicaragua, Costa Rica and Panama offer beautiful bio-friendly environments at affordable prices as compared to their home lands for the foreign nationals.

Those who look for settlement in a foreign land close to their home land and those who want to invest in real estate for financial gains should give serious considerations to all the three countries. Individual properties available in all these three countries are to be evaluated on a case by case basis. This will help the investor select the property best suited for the intended purpose.

However, because of the consistent economic climate, a stable government and incredibly reliable real estate value increases, Costa Rica is your best bet for real estate investment considerations - especially when it comes to doing development, buying pre-construction properties and purchasing/reselling lots.

Costa Rica also has the most straight-forward (and favorable) policies in terms of land/title ownership, beachfront title ownership (you can obtain 100% ownership to beachfront properties in some areas of Costa Rica), property taxes and the legal process of acquiring property.

Best of all - if you're looking to purchase and then resell property at a profit (flipping), you'll love the fact that Costa Rica has no capital gains tax whatsoever. Combine this powerful advantage with the fact that some investors are making as much as 150% to even 300% or more on resales - that's a pretty sweet deal to say the least!

And if that is just not enough, Costa Rica is paradise, literally! But like all opportunities - the conditions won't be "perfect" forever. Eventually, enough people will catch on, riding the real-estate bandwagon (making small fortunes), and then real estate in Costa Rica will reach comparable prices to places like Hawaii and Tahiti.

So if you're serious about making some major returns on a real estate property - or even just purchasing a vacation/rental home in paradise - then sooner is definitely better than later...