Why buy property in Costa Rica
Visiting Costa Rica, whether on business or vacation, is always inspiring. So many people fall in love with the laid-back lifestyle and easy living, the delicious national produce and warmth of Tico hospitality, that they often find they never want to leave. Vacationers return year after year, and there's always something new to discover in this rich and vibrant country.
If you are one of the many visitors who has fallen in love with this enchanting part of the world, then buying property in Costa Rica is the perfect way to experience everything at your own, leisurely pace. Alongside this, the very special expat lifestyle in Costa Rica is a major draw, giving those in the know the chance to enjoy a better standard of life at a much lower cost.
This is due to the fact that services and amenities such as health care, education, and infrastructure are not significantly different to those found in richer western countries such as the US. Other factors, including a low crime rate, a stable and long-standing democratic government, a focus on public investment, and no defense taxation thanks to Costa Rica’s decision to disband its military in the 1940s, mean expats really can relax and enjoy the best this progressive country has to offer.
English is widely spoken and to a very high level, ensuring expats can almost always communicate with ease. However, the benefits of buying land or homes in Costa Rica do not stop there, with investors and developers quickly discovering what the property market can offer in relation to both long and short-term investments.
Good returns can be had on beach rentals and coastal properties, particularly in the north-west where a large expat community already exists. Here, a broad selection of land and property is available, and this, combined with a large number of tourists passing through, help to keep demand high.
Finally, while Costa Rica has certainly been a buyer’s market for a long time, the rising demand is beginning to make long-term investments when purchasing property in Costa Rica, look like a good bet. In fact, at the higher end of the market, property prices are rising fast and the trend is most definitely upward.
