Monday, November 27, 2006

Investing in Costa Rica

Baby boomers are continuing to spend more money than any other generation. When it comes to Costa Rica, this is particularly interesting. The Gold Coast is seeing this money flood into new land opportunities with Americans entering their prime years. Investors are doubling the enjoyment of their investments with year-round vacationing as a way to enjoy eco-travel, land sports, world class fishing and relaxing into the Pura Vida Costa Rican culture.

Blue White Properties Real Estate, offers many varieties of purchase opportunities, but the most common are investment homes for rental income and land tracks for resale or development. For builders interested in building multi use properties, condos have become popular as they're perfect alternative to hotel projects. "Fractional ownership" is the buzzword as opposed to "time shares" now. A developer can build a condominium project and sells the units to investors as a piece of a hotel. This idea offers more intimacy and a sensation of a home away form home. It is the perfect alternative to renting a hotel room and the buyer can enjoy the residual income throughout the year with the security of knowing their investment is managed on site is a way to offer the condo buyer a safe haven offering security and amenities including tropical gardens, pools and concierge assistance for turism services.

Lastly, condos are easier to resale than private homes in foreign countries. So for the developer to invest in a project that builds only single family home sites has a more difficult time preselling their project. Mixing condos into the project with hotel services is the wave of the future. Investors should define their strategy and give the buyers a safe paradise on the Gold Coast.

2 comments:

Julio Cesar Salera said...

Mau,

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Cooler
www.costaricacosultants.com

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