marketsmart |
06-05-2005 09:23 PM |
Quote:
Originally Posted by Varius
Real Estate is an awesome investment right now in Costa Rica, and in most areas still available rather cheaply. I know some people who bought land only 2-3 years ago and it's now worth 3-4x as much, and still rising :thumbsup
In the region around Los Suenos, you can prob get a nice, huge place (with land) for maybe 100-150K
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I came down here to focus on real estate. the market is kinda flat right now, which is actually good. it is going to be very hot for the next 5-10 years. a word a caution, you have to know what you are doing. there's titling issues, environmental issues, engineering, etc... it's getting a lot better any very safe as long as you know the process. You can get some really good deals if you know where to look. I have contacts at one of the largest banks that send me forclosures before they clear the court. if you are patient you can pick stuff up cheap. also if you know what you are doing you can build here for 30-40 a square and thats building very close to US standards not a shack.
if you want to chat we can hook up in jaco
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