Costa Rica Stands Out in an Ever-Flattening World

By
Commercial Real Estate Agent with Coldwell Banker Costa Rica Vesta Group

If the world is flat, Costa Rica is one heck of a nice place to call home.  That is what a growing variety of North Americans are discovering as the ongoing proliferation of international telecommunication helps to shrink the significance of borders and eliminates age-old disadvantages of place.  Long to live in the tropics?  Has your dream of waking each day to the beauty and recreational promise of lush forests, dramatic mountain vistas and unspoiled beaches been stayed by concern over practicalities? It’s time to rethink your options. Nowadays you can have your cake and eat it too.

 

“People who are at different stages in their lives are deciding to make the move to Costa Rica,” says Daveed Hollander of Coldwell Banker Vesta Group Dominical (www.cb-dominical.com).  Their motivation to do so varies.  Value is an important factor in many people’s decision. One recent study by the housing industry’s Del Webb Corporation (http://www.pulte.com/PressRoom/BabyBoomer2003Summary.pdf) found that more than three-quarters of Baby Boomers are concerned that they might not have enough money to retire. Given the fact that 43% of Baby Boomers plan to continue working beyond retirement age, and more than half of all Boomers expect to relocate during this period, Costa Rica’s comparatively low-cost market and its proximity to North America have put it on the radar.  “Here one can afford the kind of luxury property that has become too pricey in the United States,” says Daveed,  “and at the same time be just three hours by air from the U.S. mainland.”

 

Be it a primary residence or second home, purchasing a property in Costa Rica is often very popular with the buyers’ adult children, who are themselves ever more globally oriented and yet more likely to spend some time living again with their parents.  How cool is it to go visit mom and dad and also get some time in surfing, hiking to hidden waterfalls, and zip lining through the rainforest?  Plus, it’s a great place to bring their own young families when the time comes.  Some second-generation visitors even decide to find jobs and live here on a more permanent basis.

 

One example of a property perfect for just such a Costa Rican homestead is a spacious three-bedroom, two-bath estate with guesthouse on 2.5 acres of breeze-swept canyon canopy in Lagunas del Baru, Dominical.  Newly built and tastefully furnished in bamboo, the main house features a great room with open kitchen, breathtaking views of the south Pacific coast from its three patio-decks, and a saltwater pool for refreshing dips.   Priced at just $479,000, this property proves that the dollar still goes a long way in these southern climes.

 

Daveed Hollander notes that North Americans are also increasingly concerned about their own carbon footprint, that is, the impact their lifestyle has on the natural environment with regards to the amount of greenhouse gases they produce.  With the Costa Rican government having announced the goal of becoming the first “carbon neutral” nation in time for its bicentennial celebration in 2021, living in Costa Rica becomes an opportunity to leave a more positive environmental legacy. 

 

No property more completely illustrates this possibility than an exquisite 13.2-acre naturalist’s dream-come-true nestled between the shores of the Ballena National Marine Park and the recently completed Costanera Sur highway in Bahia Ballena, Uvita.  A gently sloped mixture of open grassland forested zones, this parcel provides a variety of habitats to the area’s abundant flora and fauna.  With nearly 1,000 feet each of beach and highway frontage, zoned for mixed commercial use, and priced at $4.5 million, this Ballena find would be an excellent site for any ecotourism endeavor, private reserve, or other long-held desire.

 

The variety of properties in the current market, from turnkey condominiums to undeveloped rural tracts, guarantees that whatever the motivation or dream, Costa Rica looms large as a convenient and natural alternative to a high-priced, high-stress lifestyle in northern zones.  

 

Comments (16)

Patricia Fisher
Keller Williams Realty - Spartanburg, SC

Welcome to the Active Rain Community!  This is a great site to network, learn, and share ideas with others.  Have a great day!

Sep 03, 2008 10:42 AM
Jese Gonzalez
The Real Estate Power Houses - El Paso, TX
The Real Estate Matchmaker

I would like to personally welcome you to the ActiveRain community!  This community has a wonderful atmosphere and you will find lots of helpful friendly people and useful information. I often find something new and interesting when I read the new blogs.   

Active Rain is an excellent networking forum with a variety of interesting characters.  Expect to learn a lot and be entertained if you have an open mind.  The opportunities to learn, earn and network are absolutely incredible here on Activerain.   

 Welcome to the RAIN I look forward to reading your blogs.

Sep 03, 2008 12:26 PM
SEAN THANH NGUYEN
Kellson Real Estate LLC - Kellson.com - Phoenix, AZ
Designated Broker - Vietnamese Broker

Hello Daveed,

Welcome to Active Rain ! It's quite interesting to see your blog(s) shows up on Google & Yahoo! the next day - very good marketing strategy :)

Don't forget to check out "Understanding The ActiveRain Point System" , "How To Use Your My Settings Page" and "How To Setup Your Outside Blog" under "Getting Started" section. It helps to get your blog(s) ranked higher in Google & Yahoo! search engine result page.

Sean Nguyen

Sep 03, 2008 03:18 PM
Ron Brown NMLS #270845
NMLS ID: 40831 - Federal Way, WA

Daveed,

Welcome to Active Rain! Congratulations on your first blog.  You'll find this is a great site for sharing ideas, networking, and growing your business.  If you ever have a question about VA loans, or FHA loans I'd be happy to help!

Ron Brown

VA Loan & FHA Loan Specialist

First Mortgage Company of Washington

Puyallup, WA

Sep 03, 2008 03:32 PM
Scott Magaw
The Bill Kennedy Team - Keller Williams Realty - Spartanburg, SC

Welcome to active rain! By joining our community, you have made a great choice, and a very profitable choice. This is a great site for learning as well as sharing. Check out some blogs, join some groups, and enjoy! -- Scott

Sep 03, 2008 03:51 PM
Jennifer O'Brien
Credit, Wealth & Success Coaching - Fair Oaks, CA

Hello Daveed, Welcome to Activerain. Visit my blog to learn more about credit and personal finances. This is a great site for learning and sharing. --- Jen :)

Sep 03, 2008 04:09 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Daveed,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

Sep 03, 2008 04:44 PM
Marcy Fedalei
Keller Williams Realty - Spartanburg, SC

Many I be one of the many to welcome you to ActiveRain - a great place to share thoughts, ideas and information. Enjoy!

 

Sep 03, 2008 11:13 PM
Ron Martin
Keller Williams Realty - Spartanburg, SC
Ron Martin Team

Good morning & welcome to Active Rain, You have joined an excellent site to receive free marketing, absorb more information from others, share ideas.  Be a blogger and have fun. If you have any clients moving to the Greenville, Spartanburg, & Anderson South Carolina area we are your team. We are on all three MLS. Great blog!  Keep it up. Again Welcome!!

Sep 04, 2008 12:35 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

 

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Sep 04, 2008 12:59 AM
Yvette Gardner
Keller Williams Realty, Spartanburg, SC - Spartanburg, SC

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.  Have fun with it and hope to see more of your blogs soon!

Sep 04, 2008 01:09 AM
Ginger Ryals
Prudential C Dan Joyner and Young Realtors - Spartanburg, SC

Welcome to Active Rain!! This is a great site to network and share ideas!! Have fun with it!!

Sep 04, 2008 01:29 AM
Lori Isaacson
Credit Restoration Consultants - Plantation, FL

Hi Daveed,

Hello from a fan of Costa Rica. I have been there many times. On Behalf of Credit Restoration Consultants and the over 107,400 members of Active Rain I want to welcome you to the AR family. I hope you enjoy the experience. If you have any questions regarding credit, credit repair, or any credit related issues including  identity theft please feel free to call or e-mail me. Have fun and keep on blogging. It is a great way to let people get to know you.

Regards,

Lori Isaacson

Sep 04, 2008 02:21 AM
Nance Burdette
Keller Williams Realty Partners - Spartanburg, SC

Congratulations...and Welcome on signing as a new member of ActiveRain. Being a new member myself going on my fourth week and only posting a few blogs so far, I truly see the awsome advantage that this truly can be; (and it's fun) and only the beginning of a healthy and wealthy relationship of abundant professionals. Everyone has been so very kind. And so much to read!!! Hope to see your blogs in the future.   Best of Luck to all of us,  Nance

Sep 04, 2008 01:31 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We have thought about moving to or investing in Costa Rica real estate.

Jun 10, 2016 01:09 PM