9 Reasons To Buy In Tamarindo
Costa Rica offers unbeatable real estate throughout the country, but Tamarindo real estate is a gem. If you are considering moving to a tropical country or perhaps investing in a vacation home, here are 9 reasons why you should consider Costa Rica, and the beautiful city of Tamarindo specifically.
1. Costa Rica Is “Foreigner-Friendly”
Costa Rica welcomes citizens of the globe to purchase property in their lovely country. You will have an easy time finding and then purchasing Tamarindo real estate no matter where you are from. In fact, you can own property and only have a tourist visa.
Just remember that non-residents cannot own oceanfront property. That doesn’t mean you can’t find a beautiful spot only a few steps away from the Tamarindo waves, though!
2. Tamarindo’s Market Is Steady
With the boom in the economy a few decades ago came the boom of Tamarindo. Building was at its height and the town soared. Even after the recession, Tamarindo has still stayed strong. The real estate is lively, especially in the Guanacaste region.
The fact of the matter is people want to escape the woes of their lives and enjoy beauty and good living in the gorgeous Costa Rica. This has kept and continues to keep the Tamarindo real estate market strong.
3. Costa Rica Has Low Property Taxes
Costa Rica’s property tax is at .25% of the value. So for an easy example, you will only be paying $250 a year on a $100,000 property. This means that your initial investment in Tamarindo real estate will stay extremely affordable for the years to come.
4. Tamarindo Offers Endless Opportunity For Vacation Rentals
Worried that you won’t be able to stay in your new Tamarindo home throughout the year? Don’t fret. Since Tamarindo is such a highly-sought- after tourist destination, you are easily capable of finding short -and long-term vacation renters. Contact Richard Lacey: richard@cbtamarindo.com to discuss options for making your home vacation rental friendly.
5. Variety in Home Types
Maybe you want a small condo to retire to. Or maybe you desire a large, sweeping villa to bring the whole family to. Perhaps you would like to live steps away from the buzz. Or maybe you would prefer a home with peace and quiet.
No matter your preferences, Tamarindo real estate offers it all. Small, large, quiet, or hopping - you are sure to find the perfect spot no matter what you are looking for.
6. Lower Cost Of Living
When you compare Tamarindo to other desirable expat-friendly beach towns throughout the world, you will find that the cost of living is considerably lower. For example, the cost of monthly basic utilities (electricity, water, etc.) in Tamarindo averages $63.65. Those same costs in California’s beach town, Santa Barbara, average $128.69 a month.
When you invest in Tamarindo real estate, you are also getting a luxurious tropical lifestyle at a fraction of the cost.
7. Tamarindo Offers A Trusted Coldwell Banker Branch
If you are concerned about real estate dealings in a foreign country, you can put those fears away. Tamarindo boasts its own Coldwell Banker branch. Their real estate team can discuss all your needs and wants and then put you in the Costa Rican home of your dreams.
As SmartAsset pointed out, “Coldwell Banker is known for providing top rated services, which begins with its agent training. In its annual Training Top 125 poll, Training magazine listed the organization in third place alongside Verizon, Jiffy Lube, Farmers Insurance.”
8. Luxury Awaits
Sure, you may think Costa Rica and instantly connect the country with “roughing it.” While it’s true that Tamarindo still has some dirt roads and monkeys hanging from the power lines, it is also true that Tamarindo is full of luxury properties. Homes are equipped with chef-ready kitchens, strong Wifi, and the finest of details.
9. Don’t Forget Pura Vida Heaven!
Of course people do not flock to real estate simply because it makes sense to buy… there is often so much more to the story. Becoming an expat, or at least a frequent traveler, in Tamarindo offers you a slice of Pura Vida living: endless sunshine, warm surf waves, local fresh food, and the laid back lifestyle of love and joy.We’ve already seen that buying a home in Tamarindo makes sense, but so does making a home in Tamarindo!