Reasons to buy real estate in Costa Rica

Courtesy Costa Rica Real Estate and Retirement Properties

1)  Low Construction Costs
It’s easy to build or develop in Costa Rica. A good work force comes at a fairly low cost compared to that of the U.S. A home costing $100 per square foot to build in Costa Rica could cost more than $500 per square Los Angeles, San Francisco, or Miami.


2) Just as in Any Good Market Location is What Counts
Costa Rica is among the most highly sought-after tourist destinations. Its strategic position in the heart of the Western Hemisphere, infrastructure, access to international markets, labor quality and cost, as well as its government’s positive attitude towards foreign investment, make Costa Rica an ideal setting for retiring, investing, or living. Costa Rica’s natural and geographical diversity provides sound options for a wide range of luxury, retirement and vacation homes.

2) Good Tax Breaks
Under Costa Rican tax law, you must declare the value of your home to the Costa Rican Municipal Government every five years. An annual flat rate of 0.25 percent is charged, calculated on the declared land and house value combined. Owners of homes within the Maritime Zone or of concessions near national parks pay property tax only on the value of the house, not the land itself. For example, property taxes on a home in Dominical outside the Maritime Zone, with a combined land and house value of $300,000, would be approximately $750.

4) SAFE  to Invest Because of the Country’s Political Stability
Costa Rica has a long democratic and world renowned tradition, which has more than 115 years of history. Such respect for political and peace processes was evidenced by the abolition of the military in 1948 and acknowledged internationally in 1987 when then-President of the Republic, Oscar Arias Sánchez, was awarded the Nobel Peace Prize.

4) Spectacular Views and Scenery
Costa Rica is one of the most beautiful countries in the world. It offers something for everyone whether you are looking for an ocean, city or mountain vistas.

5) Rights of Owners
 Costa Rican government allows foreign investors to hold fee simple titles. Investors have the same rights as citizens. Local banks make
financing available to qualified foreign buyers. Title insurance also is available to guarantee your investment..


6) Big Players Continue to invest in Costa Rica and Tourism Continues to Grow by Leaps and Bounds
Steve Case, the founder of AOL, just invested $900 million in a tourism project. Walmart  and GE have invested over on billion in the region. Leading brands such as Four Seasons, Saint Regis, and Marriott have also selected Costa Rica for its unlimited potential. The new Trade treaty (CAFTA) will ensure and facilitate continued invest from the U.S. Tourism is the main economic activity in Costa Rica. The country is among Latin America’s PRIME tourist destinations. The country receives 1.6 million tourists annually, which generates $1.6 billion in earnings.

7) Perfect Location
(Three hours from the U.S.): Costa Rica is located in the center of the Americas, with two major airports (soon to be a third in the south of the country) providing excellent international access. Most tourists are from North America.


8) High Quality of Life
Stability and economic growth and social achievements are among the highest in Latin America. Costa Rica has achieved the highest education and health levels in Latin America and has been able to provide the population with  cradle to grave access to health services, social security,  and basic public services. Costa Rica’s literacy rate of 95.8 percent is comparable even to those of highly developed countries.

Costa Rica Golf Real Estate
Del Pacifico Golf Resorts