Consider the Environmental Factor

Environmental regulations on properties and activities can hinder your real estate investment. To avoid unpleasant surprises, be sure to seek the advice of an environmental and real estate law expert before making a decision.

I live on Lake Arenal and work with a number of Costa Rica real estate companies. Although most of my time is spent indoors on the computer I do have feedback from clients as to how the real estate market is doing this season. It's good to hear that properties are selling and several agents i know are beaming because both closed deals in April that paid good commissions. It seems that anymore a deal in the $100,000 dollar range is common place and not a bragging sale. But deals over 3 million dollars cause a lot of talk.

Costa Rica has some of the hottest real estate on the planet right now and might very well be the best place to be on the planet right now with investors from around the world pouring in to grab one of the last pieces of true paradise left and now that the free trade agreement between the United States and Costa Rica has been ratified, the evolution of this little Republic is finally seated on solid ground.

The tourism boom Costa Rica is currently experiencing, especially in the Pacific Coast in places such as Tambor, Tamarindo, Jaco & Mal Pais, has generated a large demand for costa rica real estate in the beach areas. Consequently owners and developers are forced to find ways to maximize the use of land located in the restricted area within the shoreline zone, with the goal of providing access to a larger number of people and seeking coastal tourism.

The interest of baby boomers in second homes throughout certain Mexican, Central American and Caribbean markets has shown great resilience, despite the health of the U.S. economy or other geopolitical event such as September 11.
As Stewart Title Latin America continues to expand throughout the region, the most commonly asked question is; how long and hot will this real estate market be? We cannot predict the future, but there are a number of key economic and geopolitical variables leading us to believe this segment will continue growing in the foreseeable!!

Real Estate Prices:

To speak about the Peninsula of Nicoya in Costa Rica and about special places as Playa Tambor, Montezuma, Mal Pais and Santa Teresa, is to speak about a paradise site, that offers to us an infinite amount of attractions and sites full of a natural beauty. We must mention the passage through our beautiful Gulf of Nicoya in Costa Rica , initiating in the port of Puntarenas towards Paquera, it’s a delight to enjoy the sea; the beaches and mountains stare at us while we go through all over this wonderful place and also the place give us a sweet smile of welcome with its pleasant breeze.

This part of Costa Rica is very attractive to visit. There are many places to visit that will lend themselves perfectly to visitors. If you enjoy scuba diving or snorkeling and some time in the sun, there are a number of beautiful beaches in Costa Rica just waiting to be explored.

Describing living the lifestyle of Costa Rica is not an easy thing to do. The incredibly divers zones of the country, people, ecology and animals in such a small area creates an exciting, adventurous lifestyle that is nearly impossible to find anyplace else in the world.

The development of the tourist industry in Costa Rica has started a very important stage. This is certified by the indicators, really historic, that were achieved last year and presage very positive years to come for tourism.

The well defined and structured effort, during many years, jointly implemented by the Instituto Costarricense de Turismo (ICT) and private enterprises in Costa Rica, has given Costa Rica a privileged place among the most import tourist destinations worldwide.

Purchasing real estate in Costa Rica is one of the best financial decisions you can make. If you are a foreigners buying a second home in a strange country purchasing property becomes a sizeable investment in which you would rather not face any risks. With this in mind, we recommend you use a reliable and licensed real estate agent: for example: Century 21. They work with the best attorneys and notaries in the country which provides security to any real estate transaction in Costa Rica. All these attorneys and notaries work hand in hand with Stewart Title Costa Rica.