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investment: Investors & Retirees: Just reduced to $165K - Brand new, 2 bed, 2 bath beach home in Costa Rica - 03/14/08 04:20 PM
Boy, I wish I had the money to buy this place... I was fortunate enough to visit the gated beach development in Costa Rica - Costa Del Sol - where this house is located. Just a 5 minute walk to the beach, and a 20 minute drive North to the popular tourist town of Jaco.
So, what are you getting for $165K at Costa Del Sol? Well, this is a brand new, never-lived-in home. It has tile floors throughout, hardwood kitchen cabinetry and doors, granite countertops in the kitchen and also in the bathroom vanities. The showers in the 2 full bathrooms have … (1 comments)
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investment: Naturalia: A Costa Rica Investment - A Formal Analysis - 02/26/08 02:29 PM
Being a real estate investor, I am always curious as to the investment potential that each property holds. A property can sound amazing, have an abundance of amenities, be in a great location, but I won't feel comfortable parting with any money until I have some actual numbers in front of me, allowing me to evaluate the income potential. And of course, I wouldn't expect my clients to want any less.
So, I finally was able to assemble the information that I needed to perform my analysis on the fantastic Naturalia condo development near Tamarindo in the coastal Guanacate region - rental rates, management … (3 comments)
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investment: Costa Rica Tourism: Fuel for Real Estate Investment - 12/23/07 04:08 PM
Costa Rica's Tourism Board (ICT) has just released its year end tourism statistics. Here are some of the highlights:
1. Crime against tourists dropped 26%
2. Tourism rose by 11.5%
3. Total of 1.9 million people (tourists) visited Costa Rica
4. $1.9 Billion in Tourism Revenue, up 300 million from last year.
5. 100 New ICT Police Officers added
6. Jaco has granted $800,000 more dollars for next year to hire more police.
These are some exciting numbers, and just confirmation of what we have been saying - that tourism is continuing to grow in Costa Rica.
Even more exciting is that crime against tourists has gone down. Typically, … (4 comments)
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investment: Costa Rica Real Estate - What to Expect? - 12/17/07 12:07 PM
When first starting your search for Costa Rica real estate, it is important to know what you can expect to find there so you know what kind of reasonable criteria you can form for your search.
Let me start by saying that if you are looking for beachfront acreages in the $20,000 range, you are a few years too late. That is not to say that you cannot buy some very well built, attractive real estate in some amazing locations, but you need to know what to expect price wise.
Let me also point out that the homes that I am going to … (3 comments)
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investment: The Costa Rican Government - An Overview and Review - 12/13/07 12:07 PM
A very important issue to consider when looking at buying real estate in another country is the political situation for that country. Who wants to invest 10's or 100's (or millions for the very fortunate) of dollars somewhere, only to have it disappear into thin air when it is seized by a corrupt government or suddenly inaccessible because of political/military turmoil? Not me.
Well, I have good news to report when it comes to reviewing Costa Rica's political situation. But first, lets us start with an introduction to their government structure.
Costa Rica's Political Structure
Costa Rica is a democratic republic with an elected … (2 comments)
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investment: The Perils of Buying Real Estate in Costa Rica - And How to Avoid Them! - 08/14/07 05:53 PM
Many people are afraid of buying real estate in any foreign country because of course it is just that - foreign. Things are done differently, laws are different, and the process is different. And yes, if someone is careless or malicious, the buyer can get into some deep doo-doo.
Now I'm not here to tell you that it can never happen in Costa Rica, because it can. Costa Rica's real estate market is hot, which not only draws legitimate businesses, entrepreneurs and investors, but also those looking to prey on others.
This is really true of anyplace, even in the US. But of … (4 comments)
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investment: VIDEO: Discover Costa Rica Real Estate - 08/06/07 09:58 AM
Take less than 2 minutes to learn more about Costa Rica's booming real estate market. You'll get an overview of what is causing this real estate boom and what opportunities are available for you and your clients.
Tiffany Wilson, International Real Estate Consultant
Compass Properties, #1 Brokerage in Mid-Pacific of Costa Rica
US: 310-503-0557
twilson@compasscostarica.net
www.dreamingofcostarica.com
… (3 comments)
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investment: Buying my Costa Rican Investment Property - Part 6: Side Notes - 07/23/07 12:18 PM
In my last article, I explained why I chose The Pacific for my investment purchase. I also wanted to take an opportunity to talk a bit about another property that interested me, but in a different way.
I love to travel. I love real estate. I love surfing. I love the beach. I love tropical climates. I have always known that I will someday own a vacation home in some tropical location, close to the beach.
Life played a cruel joke on me early on when I was born in the cold center of Canada - as far as you can get from … (2 comments)
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investment: Buying my Costa Rican Investment Property - Part 5: My Investment Choice - 07/23/07 11:58 AM
In my last article, I touched upon the properties that I viewed on several home tours in and around the beach town of Jaco. All were beautiful and made me want to turn in my plane ticket and stay!
But the purpose of my visit was to find a property that I could buy as an investment. My plan is to buy the property using my self directed IRA, which prohibits me from actually using the property for myself. So finding a property that I would love to live in was not high on my shopping list.
Instead, I was looking for something … (0 comments)
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investment: Investors and Retirees and Vacationers - Oh my! - 07/19/07 04:57 PM
I've made numerous posts now about all of the wonderful facts about Costa Rica and its real estate market, as well as some real estate opportunities that are currently available now. I've also mentioned that the three primary buying groups are investors, retirees, and vacationers. But do you know why?
The story actually goes WAY back, but I'll leave that part out of it right now. Costa Rica's amazing real estate market didn't just happen overnight - it is something that history created over the past century. Pure luck really, but it's here now.
Investors
So right now, real estate investors are the biggest … (5 comments)
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investment: SFR appreciated $100K in last 2 years! Want to know where? - 07/16/07 03:29 PM
Costa Rica!
And no, this isn't a "hook" - it's real. Houses in the gated community of Costa Real near Jaco Beach in Costa Rica first went on sale 2 years ago for $160K. These same houses are now selling for $265K, and it is very likely that they will continue to appreciate significantly.
Consider this - these houses are brand new, 2 and 3 bedroom homes, where each bedroom is a master bedroom. The community boasts of numerous amenities, like pools, tennis courts, basketball courts, community BBQ area, and just a 3 minute walk to the beach. Okay, well it isn't beachfront. … (0 comments)
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investment: Discover the Rich Coast's Real Estate Riches - Discover Costa Rica! - 06/28/07 04:01 PM
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investment: JUST RELEASED: Buildable Lots Near Town of Samara in Costa Rica - 06/28/07 07:48 AM
This listing was just released less than 24 hours ago, but I wanted to share it with everyone as these lots are going to go FAST! Price lists will be released in a few weeks, but I am told that they are priced at 5% below market.
Property Details
Located near the town of Samara in the Nicoya Peninsula15 minute drive to the beachTitled, 5% below marketHome sites ranging from 1.25 to 2.5 acresHome site comes with plans for single family homeBuilder financing available: 75% LTV, 25% down, stated, 620 minimum FICO. This is rare for for home sites in Costa Rica, as it … (0 comments)
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investment: Moving Your Cat or Dog to Costa Rica - 06/23/07 05:13 PM
Do you have a dog or cat? How much are they a part of your family? Do you carry your teacup poodle in your purse while you shop, or set a place for your cat at the dinner table? Of course, you don't have to be that close with your pet to love and care for them.
In the US, approximately 43.2 million households have a dog, and 37.7 million households have a cat. That's an awful lot of kibble! When people move, there is very little concern about bringing our pets. Just secure them for safety to make the move, and … (3 comments)
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investment: Buying my Costa Rican Investment Property - Part 4: The Properties - 06/18/07 03:25 PM
Some of you who have been reading my personal account of buying an investment property in Costa Rica are a little anxious to hear about the properties that I saw there. I've purposely left that information out so far because I knew that much of this information was already available, and I wanted to share information that wasn't yet available - what it's REALLY like buying foreign real estate, in Costa Rica.
And to be honest, I'm not going to focus too much on that either. My reasoning is that I don't want to bias anyone towards - or against - a … (0 comments)
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investment: EXCELLENT preconstruction investment opportunity in Costa Rica at The Pacific - 06/15/07 03:24 PM
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investment: View of world-renowned surf spot from The Palms in Jaco Beach, Costa Rica - 06/15/07 03:22 PM
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investment: Serene Paradise at La Paloma Blanca in Jaco Beach, Costa Rica - 06/15/07 03:19 PM
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investment: Wake to Ocean Breezes at Bahia Azul - $375,000 - 06/13/07 04:26 PM
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investment: Buying my Costa Rican Investment Property - Part 3: Getting There - 06/12/07 02:53 PM
The time has come! I'm going to Costa Rica to buy an investment property! This is exciting to me on so many levels. One of my passions is traveling, and the other is real estate. What better way to combine these two loves of mine.
Of course, I first have to get there - to Jaco Beach, where I'll be looking at some fantastic developments: beachfront condos, cozy community single family homes, and hillside condos with a breathtaking, ocean view.
Due to a prior engagement, my husband and I were forced to make this a very short trip - 3 days! So, we … (7 comments)
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Tiffany Wilson - THE Costa Rica Real Estate Expert
Manhattan Beach,
CA
More about me…
Compass Properties - THE Costa Rica Real Estate Expert
Cell Phone: (310) 503-0557
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