Ten Powerful Reasons to Buy in Costa Rica Now!
1. GREAT CLIMATE YEAR ROUND
There are lots of reasons people choose to live and invest in Costa Rica, but the beautiful weather has to be one of the top reasons. There are two seasons; summer and winter. For people who enjoy warm, tropical weather and are looking to get away from the harsh North American winters, then the Costa Rican Pacific Coast is an ideal place.
2. COSTA RICA REAL ESTATE IS STILL STRONG
Although real estate markets have plummeted throughout the United States, Costa Rica is only experiencing a slower selling time and the average property prices do not appear to be less than they were prior to the economic down turn.
3. COSTA RICA, NOT JUST A DESTINATION FOR NORTH AMERICANS.
In the first quarter of 2007 foreign investment in Costa Rica was up 300%. 51% of visitors to Costa Rica came from North America and 49% from the rest of the world.
4. A BABY BOOMERS PARADISE
With thousands of baby boomers retiring and millions of others approaching retirement age, many in this age bracket are searching for a second home or vacation property that offers a warm, tropical climate, government stability, safety, a reputable medical system and a combination of adventure and tranquility all wrapped up in an upscale, environmentally conscious dwelling.
5. COSTA RICA IS NO LONGER A THIRD WORLD COUNTRY
In a third world country you would not expect to find access to excellent healthcare, a literacy rate of 94.9% (estimated in 2006), an education system that is ranked 40th in the world, an abundance of clean, drinkable water, high speed Internet, cable and satellite T.V., great food, personal safety, a reasonably low cost of living by North American standards and a society and government that is environmentally conscious. All of these things are readily available in Costa Rica.
6. DEMOCRATIC GOVERNMENT WITH STRONG STABILITY
Costa Rica is often referred to as the “Switzerland of Central America”. Costa Rica has one of the most democratic governments in Latin America with a reputation as one of the most stable, prosperous, and least corrupt Latin American countries. In 2006, Óscar Arias Sánchez was elected president. Arias, who had served as president once before (1986 to 1990), won the Nobel Peace Prize in 1987 for fostering peace talks that eventually ended the civil wars in El Salvador and Nicaragua. In November 2008, the Costa Rican government voted to implement the Central American Free Trade Agreement that Costa Rican voters had approved in October 2007.
7. EASY ACCESSIBILITY
If you left your home in the morning, you could be enjoying a beverage by the pool at Wyndham Jaco Beach before a beautiful sunset, that same day. There are direct flights from most major cities to San Jose, Costa Rica’s capital. Then it’s a quick 70 mile drive to Jaco Beach. Once the new highway from San Jose to the Central Pacific has been completed the drive time should be nearly half the time, what used to take approximately 2 hours will soon be reduced to about an hour.
8. EXCELLENT MEDICAL CARE
In a study conducted by the U.N. in the 1980s, Costa Rica’s medical system was first in Latin America and ranked near the United States and Canada, among the 20 best in the world. This statistic remains very much the same today.
The World Health Organization’s “The World Health Report 1995” place Costa Rica third in life expectancy. Costa Rica’s laid back lifestyle, healthy, fresh, non-preservative laden foods, tropical climate and a population that is very much family oriented all add to the fact that Costa Rica is a healthy place to live.
With a government-sponsored network of 29 hospitals and more than 250 clinics throughout the country, the Caja Costarricense de Seguro Social (CCSS) is mainly responsible for providing low cost health services to the Costa Rican population. Foreigners living in Costa Rica can join the CCSS by paying a small monthly fee, based on their income or they can buy health insurance, from the State monopoly Instituto de Seguro Nacional (INS), valid with over 200 affiliated doctors, hospitals, labs and pharmacies, in the private sector. Dental work, from fillings to implants, is done routinely on people from every corner of the world.
9. A SMALL COUNTRY WITH LOTS TO DO!
Depending on your preference, there is an abundance of outdoor activities in the Central Pacific area. Jaco has the reputation of being a “surfing town”, so if surfing is your passion or you’d like to make it your passion, this is the place for you. Fishing out of the 200 slip marina, horseback riding, sea kayaking, hiking or bird watching are just some of the great outdoor adventures available in the area. However, if curling up with a good book on your private terrace is your preferred past time, that too is okay. Dining out is a fantastic adventure as well. Fresh fish, fruit and foods to please any palette are easily available.
10. INVEST REALISTICALLY IN TODAY’S ECONOMY
Edit:: The Wyndham project is on hold and all deposit monies have been returned to our clients. The project will recommence once the equity markets stablize.
We are all aware of the state of the world economy and therefore it is important to carefully consider where to invest your money. There is no doubt that the real estate market in Costa Rica has slowed down, but this is a time to invest in a place that will certainly boom, like the popular beach town of Jaco. And there is no better investment in Jaco than the Wyndham Jaco Beach, backed by the trusted Wyndham name. The new highway, slated to be complete by mid-2010, will connect the capital city of San Jose with the Central Pacific area of Costa Rica, which will bring even more demand to Jaco. The excitement and anticipation surrounding the completion of this highway is always on the minds of the locals and foreigners who call Jaco home. We are convinced that once this highway is opened, the area will undergo an even bigger boom.
We feel that investing in a 5 star beachfront condominium at Wyndham Jaco Beach will prove to be a wise choice. Consider this purchase as a ground level investment; one that will likely increase in value as Jaco continues to enjoy the benefits of an area visited by tourists, year round from all over the world.
Courtesy of Wyndham Jaco Beach & Coldwell Banker Jaco is the exclusive real estate broker for Wyndham Jaco Beach.
If you are interested in learning how to purchase a condominium or beach home as a vacation home and/or as an investment to earn rental revenue, please call Lisle Head at 866-403-1345. Lisle can discuss your options with you and help maximize your investment! Coldwell Banker Jaco prides itself on its integrity and its track record of success. Take a look at our Costa Rica Real Estate Testimonials section, we let our actions speak for themselves.