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From Silicon Valley to Costa Rica

By
Real Estate Agent with Compass Properties - THE Costa Rica Real Estate Expert

I recently read an article in the Business & Real Estate section of the Tico Times that the founder of AOL, Steve Case, is planning an $800 million development in the Northwestern part of the Guanacaste region of Costa Rica.  Hmmmm...  That's a long way to go from being a pioneer of the Internet to a pioneer of Costa Rica!

I guess though, it may not be so far off.  I actually came from the IT (Information Technology) industry and I am now working in the real estate industry.  I know that seems like a hugely, unrelated jump, but maybe not so much.

When I was working in IT, my "fancy" title was database systems programmer/analyst.  In a nutshell, I designed, built, and developed software for a variety of companies.  I enjoyed the work because it was very creative and I was building something.  Yes, you read it right!  I really enjoyed designed a software product or feature, and doing it well.  I would have to imagine that Steve Case felt the same way as he was building AOL.

Now I am in the real estate industry, and things are similar.  I am very interested in development, and I expect that I may someday get involved in that.  I appreciate smart and useful architecture and design, and I think I have an affinity for it.  I dream about designing and building developments - creating something.  Steve Case is doing what I dream about - creating a luxurious, thoughtful, useful, awe-inspiring development in a magical location.

And, I'm sure that Steve Case is doing something that he cares about deeply and loves.

So what's Bill Gates going to do?

Carolyn A. Rzaca
ROYAL SHELL REAL ESTATE, INC. - Naples, FL
Broker Associate, GRI,SRS,TRC

Costa Rica is a hot market for real estate investment these days.  I have been there a few times and it is amazing what it happening.

Aug 15, 2007 12:53 AM
Charlottesville Solutions
Charlottesville Solutions - Charlottesville, VA
I have heard of a few people looking to buy in Costa Rica. So there seems to be interest in moving out of America....
Aug 15, 2007 01:04 AM
Tiffany Wilson
Compass Properties - THE Costa Rica Real Estate Expert - Manhattan Beach, CA
The Costa Rica Real Estate Expert

Carolyn - Yes, Costa Rica IS a very hot market.  Not only is the appreciation rate in the 10-30%+ range, but there are also some tax benefits.  There is a lot of development going on, yet there is still LOTS of space.  The developers that our company (Compass Properties) works with appear to be environmentally conscious, which I am proud to share, seeing as it is important to me to take care of our Mother Earth.

 

Charles - I don't think that people are looking to move away from America, as much as it is people are looking to move TO paradise.  :)  And when you consider that Costa Rica is foreign-friendly, safe, inexpensive (relative to North America, of course), retiree-friendly, and of course breathtakingly beautiful, it's kind of an easy choice to make.  There are also lots of opportunities for entrepreneurs looking to start new businesses.

Aug 15, 2007 02:46 AM