To say that the real estate in Costa Rica is booming is an understatement to a country where land appreciation is increasing an average of over 10 percent each year. If you have been on the scout for some land investments, you might just find your dream property in Costa Rica.
There are many different available types of Costa Rica real estate. First, there is what they agents call top exclusive properties. These listings are carefully selected over a wide variety of available property database. Usually, they are the most unique, lavish and hard to find properties in the country. Their prices can go from the simplest to absolute sky rocketing figures and the assets themselves speak for the reason why. Their location can be in the jungle, city, or even beachfront.
Another type of Costa Rica real estate is called luxury rentals. These are high-level residential communities which are equipped with security and classy amenities, all inside the gated communities. They can either choose from city, beach, marina or golf type developments. Golf residences are actually one of the most desirable lifestyle properties in the country. If there is a specific lifestyle that you are inclined into, then make sure that you advise your requirements to your agent.
Since beaches or ‘playas’, as what they are called in Spanish, are one of the main pride of country, they are also the location most in demand by buyers. Beachfront properties are exclusive properties assessed to be ideal for house construction or probably commercial development. You can either choose from Pacific or Caribbean options.
If you love the beach but are looking for a more budget friendly type of Costa Rica real estate, then there are ocean view properties which will allow you to gaze into the clear blue waters of the South Pacific (eg. Osa Peninsula and Dominical), Pacific coast (Guanacaste, Papagayo, Tamarindo) and Mid Pacific waters (Los Sueños , Jaco, and Faro Escondido). Many properties in Costa Rica are registered in ‘Folio Real’. It is a computer system which is centralized at the country’s Public Registry in San Jose. If you are serious about getting some property investments, it is a good idea to make a simple search in the Folio Real.
There are also things to consider when you are planning to buy Costa Rica real estate. You should inquire with the developer or property agent whether they are offering ownership rights (or what they call ‘derecho de propiedad’) or only occupation rights/ ‘derechos de ocupacion’.
Acquiring your dream house or property is one of the most significant investments that you will make in your lifetime. To ease the burden, make sure that you seek proper assistance from qualified real estate agents and do proper research.