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Investing in a Latin American Vacation Home.

By Danny Thornton

Services for Real Estate Pros with R & D Art

January 14, 2009 07:11 AM

Over the years, many North Americans have been vacation in Latin America. Whether it is Costa Rica, Panama, or Mexico that you love to visit, maybe it is time that you consider investing in a vacation home. Can you image being able to jet away any time that you want and not have to concern yourself with finding a place to stay. Having a vacation home would be a better investment than spending the money on a hotel or rental.

Some of the best Costa Rica Real Estate is more affordable than most people would think. Could you imagine waking up to this view each and every morning. The added benefit of having this vacation home is the fact that when you are done with working, you now have a beautiful place that you can consider retiring to.

If Costa Rica is not your thing then you might want to consider Real Estate in Panama or maybe even some of the many Properties in Mexico. That is the thing about Latin America. There truly is enough of it that you are sure to find a property that can fit your needs and desires while meeting your budget constraints.

Personally, I have vacation in all three places. I would be torn between the three of them. With that said, for the right deal, I am sure that I could overcome any obstacle that might arise.

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Pat Whitehouse

RE/MAX 1st Olympic Lynchburg Va - Lynchburg, VA

Broker/Owner

Hi Danny-Those views would definitely be heavenly to wake up to each morning. There are so many beautiful places in those 3 areas. It would be hard to pick just one.

Jan 14, 2009 07:22 AM

Kate Elim

Dockside Realty - Spotsylvania, VA

Realtor 540-226-1964, Selling Homes & Land a

Hi Danny...You are so right. All three countries are places many of us would like to have a second home.

My main reason for not having one is that I prefer to go to different places and probably would not get that much use out of a second home. Perhaps if I didn't live on the water I would feel differently about have a second home that was.

Having been to all three of these countries I would probably go with Costa Rica or maybe Panama.

Now keep in mind, if you decide to buy a place anywhere, we'll be more than happy to visit.

Kate

Jan 14, 2009 07:24 AM

Kara Casamassina

International Property Management Group, LLC - Aiken, SC

Boomers and beyond

I know a few people that own real estate in Costa Rica, and they say it was the best investment they ever made! Have a great night Danny :)

Jan 14, 2009 07:26 AM

James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

Real Living | At Home - Washington, DC

When Looking to Buy or Sell - Make the Right Move

Danny I was just in Costa Rica two weeks ago. It IS amazing! I could so retire there. BEAUTIFUL!

Jan 14, 2009 07:32 AM

Danny Thornton

R & D Art - Knoxville, TN

WordPress Guru

Pat, pick all three and then I will know who to call to borrow a place from. LOL.

Kate, I am sure and likewise to you. Now, let me throw this idea out to you. You buy the vacation home and then you rent it out periodically.

Kara, I am with you there.

James, the zip lines are fantastic.

Jan 14, 2009 07:50 AM

Sandy Noll

(RSVP Real Estate) 425.890.0878 - Gig Harbor, WA

RE Pro Serving Snohomish to Thurston Counties

I have info on a $4mil prop in Argentina.....interested?

Jan 14, 2009 02:27 PM

Sandy, if I had $4 million to spend, I do not think that I would be working today. I can make that kind of money last a LLLOOOOOOOONNNNNNGGGGGGG time.

Jan 15, 2009 02:16 AM

Bradley Giles

The Heger Company - Los Angeles, CA

Danny, I like the post. I have been to only Mexico and Costa Rica, but purchasing a vacation house would be a great idea. Cash and enough of it is probably going to be the main of the puzzle for Americans. Thanks aagin for the post.

Jan 15, 2009 02:59 AM

Bradley, I think that the people that can afford it will be the ones that will buy into Latin America. I was watching House Hunters International last night and once again, they were back in Mexico buying. It is a hot market there at this time.

Jan 15, 2009 03:05 AM

Fred Chamberlin

Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA

Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Danny - my favorite vacation spot is Cabo. The fishing is outstanding and the weather is fantastic.

Jan 15, 2009 03:28 AM

Fred, I can see why. Cabo is beautiful.

Jan 15, 2009 04:07 AM

Debbie, I can fit into a suitcase.

Josh, I can not blame you.

Jan 19, 2009 10:27 AM

Personally, I have vacation in all three places. I would be torn between the three of them. With that said, for the right deal, I am sure that I could overcome any obstacle that might arise.

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Danny Thornton

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