Costa Rica Real Estate Boom
 The U.S. National Association
of Realtors says Americans are buying second homes in record
numbers, thereby driving up the cost of vacation homes everywhere in
the United States. In fact a recent newspaper article stated that
one in every seven people in the United States now lives in an area
bordering the coast.
The simple fact is that
almost every bit of coastline property world wide is becoming
overcrowded and overpriced. This scarcity has contributed to a high
level of interest in Costa Rica because it is still very cheap in
comparison to the world market.
Coastal real estate values in
North America, Europe and Asia have reached epic proportion pricing
most buyers out of the market. You now have Americans and Europeans
buying Costa Rican property in record numbers. This movement of
property in Costa Rica is very similar to what happened in
California and Hawaii 30 years ago. The exposure that Costa Rica has
received over the last decade has exploded. As in any situation with
demand outpacing supply the results are always higher prices.
Imagine the ability to position yourself before the next real estate
boom. If you are a visionary we believe Costa Rica real estate has a
lot of simila-rity to property values 30 years ago in the U.S.,
offering an investor the perfect balance of low risk and high
potential reward at affordable pricing.
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