Rich Coast Investments S.A.  

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Inmobiliarias

Tipo de Producto:

Intermediación inmobiliaria

WHY INVEST IN COSTA RICA

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The Secret is Out About the Costa Rican Real Estate Market
The Right Place Developers are currently in discussions with numerous major hotel chains whose market research point to Costa Rica as the next Puerto Vallarta corridor in Mexico. The opening of the 2300 acre 5 Star Four Seasons Hotel started this trend quickly followed by the announcement of 310 more rooms for the luxurious JW Marriott Hotel Flag. Recently the Hyatt Hotels and Resorts committed to a 557 acre ( 100 million) project with a Greg Norman golf course. The Rosewood Hotels and Resorts have reportedly signed a deal for 150 acres and The Ritz-Carlton is looking at the land bought by Mr. Steve Case co-founder of American On-Line (AOL). Regent, Ritz Carlton and Aman Resorts International, just to name a few, are all vying for beachfront property along the northern Pacific Coast. Most are planning five star hotels and up-scale residential communities. It is almost certain Walt Disney Company will join the ranks of high end hotel and resort destinations staking their claim in Costa Rica. In the summer of 2006 Disney launched their highly publicized Pura Vida Tours. Rumor has it that Walt Disney Corporation bought an Island in the Gulf of Nicoya 40 years ago and recently it has been confirmed that the company purchased other large tracks of land.
The Right Time Foreigners are moving to Costa Rica faster than developers can build the homes for them. Since 2005 prices have doubled and in some cases quadrupled and all indications point to land prices continuing to skyrocket. Nobody is talking about the bubble bursting and it is not too late Local realtors, developers and investors say turnover like this marks only the beginning of what is possible in Costa Rica. As an emerging market, Costa Rica still offers real estate investments at prices significantly lower than any other top retirement locations like the Caribbean or Mexico. This high yielding market trend just got started and all signs point to its continuous growth. With decades of economic and governmental stability as its foundation and progressive governmental policies dedicated to fostering foreign investment overall economic growth. Costa Rica’s future looks very bright
Stable Government and Booming Economy Costa Rica is blessed with a history of social, economic and political stability and as such has the second best social indicators in all of Latin America 80 year life expectancy, 95 literacy rate and a 1.3 infant mortality rate. The country’s economy is characterized by controlled inflation and low unemployment. Direct foreign investment has increased significantly largely due to favorable tariff concessions. The Costa Rican Gross Domestic Product is rising making it an excellent time to invest. With the recent election of president Oscar Arias and his progressive policies towards business and foreign investment Costa Rica’s economy will surely experience unprecedented growth. President Arias intends to ratify (CAFTA) Central American Free Trade Agreement which will prove to be a major step towards transforming Costa Rica into a developed nation. The country has come a long way from it roots as an exporter of mainly agricultural products, today the countries major export is micro chips. Costa Rica is host to a dynamic business environment which has the needed infrastructure for investors to compete globally. The highly educated English speaking labor force and significant economic concessions continue to attract countless large corporations including Intel, Acer America, Alcatel, Baxter, Panasonic, Lucent Technologies, Conair, Siemens, Hitachi and many more.
Foreign Friendly Real Estate Laws Constitutionally Protected Many of us are leery of investing in a foreign country because we fear that our property rights may not be respected. Unlike bank trust lea