Investing in Property in Costa Rica
Reasons to Invest
Featuring endless stretches of idyllic palm lined, sandy beaches surrounded by dense, lush rainforests, Costa Rica holds an initial appeal as a dream destination. The dream is fast becoming reality for property investors, fast discovering the multitude of attractions the Costa Rican real estate market presents.
Luxury developments are being constructed in stunning unspoilt coastal regions of Costa Rica, attracting ever growing numbers of North American and European investors. The destination has become a sought after area for the excellent capital gains potential, due to the high demand outstripping the limited supply.
The extensive growth of the local tourism markets, especially eco-tourism, is fuelling the buy-to-let market for steady rental returns. Foreign investors are flocking to Costa Rica for the tax incentives that have been designed by the country’s pro-active government, intent on attracting foreign investment and growth in the tourism markets.
A seven year expansion plan has been designed to strengthen the country’s economy, which has currently reached a better position compared with any other time in Costa Rica’s history. An ideal place for investing in property, Costa Rica offers a model society of political stability in Latin America, continuously moving from strength to strength. Not reliant upon the growth of the property market for economical stability, Costa Rica is fast becoming a technical centre for IT and telecommunications development, along with tourism and medical advancements.
- Peaceful political environment
- Strengthening economy with expansion plans
- Growing eco-tourism destination
- Tax Incentives for foreign investors
- Government encouraging foreign investment
- Stable location for financial transactions
- Developing mortgage market attracting new investors
- Strong capital growth
- Steady rental returns
- Luxury developments with full title ownership
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