It seems everywhere you look in the states there are “firesales” for desperate homeowners trying to adjust to the economic conditions in the US. Many have equity tied up in the property and are desperate to sell so they can use the liquid funds for other purposes. That is not the case here in Costa Rica real estate or even Jaco Costa Rica Real Estate.
While you might find people advertising “Costa Rica condos at firesale prices” the reality is very few properties have sold below their purchase price which is what defines “firesale prices.” In Jaco real estate, the property values have been holding steady since this period last year and new Jaco condo sales continue with a slightly lower volume than this period last year. In other words, Jaco Costa Rica Real Estate owners are not desperate and using the phrase “Costa Rica homes at firesale prices” is nothing but a marketing ploy.
However, for their own personal reasons, Costa Rica property owners have chosen to sell their property at prices that would motivate potential buyers. Here is a great listing of a motivated but not desperate Jaco Costa Rica condo owner:
Oceanviews from the master bedroom and a beachfront location of this condo with a turnkey package. Priced to sell at $350,000!
This Costa Rica condo listing is part of a brand new beachfront community which will finish the construction phase in December 2009, just a few weeks away. This is a great opporunity to purchase at pre-construction prices on a Jaco beachfront community.
The Palms, located in Jaco Beach features 34, 2 bed/2 bath units (1550 sq ft) located on the beach which give all units unobstructed views of the Pacific Ocean. Besides having on-site property management, all units will come completely furnished. The Palms is the developer’s fourth project in Jaco, and is one of the most reputable developers in the country. Currently, we have two sellers who are “motivated”, a third floor and sixth floor unit. These sellers are motivated and not DESPERATE. Will they listen to offers? Yes. When we say as low as $350,000 for unobstructed oceanview beachfront such as this, you should take notice.
Coldwell Banker Jaco has maintained that Costa Rica beach front property is and always will be a premium location which is why you see so many development on the beach. One might imagine that there must be many condos available for sale in this area but in reality there are very few 100% fully titled beach front condos in Jaco Costa Rica for sale and the number of opportunities outside Jaco is virtually non-existent. Because this is the type of property that most people prefer to both purchase and rent, it is clear that Jaco is one of the best places in the market to invest. Getting a great price like this just makes it even better!
If you are interested in learning how to purchase a condominium or beach home for your own enjoyment or to earn rental revenue, please call Lisle Head at 866-403-1345 Lisle can discuss your options with you that are the right ones! 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, these are real people just like you.
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