Friday, October 26, 2007

Costa Rican Government Extremely Liberal Towards Property Owners

With the amazing popularity of Costa Rica as a real estate development and investment area, it is not surprising to see some concern by investors as to what the future might hold for the Costa Rican government. Costa Rica is known for its extremely liberal and lenient rights of property owners, rights that far exceed those of comparable countries around the world, where the concept of property rights is almost laughable. By contrast, Costa Rica offers a tremendous amount of privileges and rights as property owner that are extremely attractive to developers and investors in general to see the area as extremely lucrative and potentially a real estate development capital of the world. By building vacation homes and retirement communities in Costa Rica, developers and investors both can generate massive amounts of profit from these types of investments over an extended period of time. With this popularity of Costa Rica as a development and investment vehicle, many visitors have indicated their desire to invest into the extremely liberal and lenient government controlled area. With this focus by investors on remaining in a friendly area, it becomes clear that simply low prices and ideal real estate isn't enough to fuel the interest of developers and investors. These factors must also be accompanied by strong property rights. Investing in a property only to have it get yanked out from underneath you is no way to protect the individual investments in areas around the world.

With the extremely liberal rights that are available to property owners in Costa Rica, it is patently obvious why so many individuals have made investments in this area. It is interesting to note that while the specific leniency inherent in laws and legislation of the local government has much to do with the popularity of investment from foreign nationals, in some areas the exact opposite is true as the lack of property rights tend to keep other areas around the world from succeeding in this way as potential investment vehicles. As Costa Rica leads the way in real estate development and investment, it becomes rather clear that few areas of the world can compete with Costa Rica as a potential real estate gold mine. With such incredible popularity and a perfect union of low prices, high demand and liberal property owner rights, Costa Rica has cemented itself as the investment vehicle of for the current generation of property developers and investors.

Costa Rican Government Extremely Liberal Towards Property Owners

With the amazing popularity of Costa Rica as a real estate development and investment area, it is not surprising to see some concern by investors as to what the future might hold for the Costa Rican government. Costa Rica is known for its extremely liberal and lenient rights of property owners, rights that far exceed those of comparable countries around the world, where the concept of property rights is almost laughable. By contrast, Costa Rica offers a tremendous amount of privileges and rights as property owner that are extremely attractive to developers and investors in general to see the area as extremely lucrative and potentially a real estate development capital of the world. By building vacation homes and retirement communities in Costa Rica, developers and investors both can generate massive amounts of profit from these types of investments over an extended period of time. With this popularity of Costa Rica as a development and investment vehicle, many visitors have indicated their desire to invest into the extremely liberal and lenient government controlled area. With this focus by investors on remaining in a friendly area, it becomes clear that simply low prices and ideal real estate isn't enough to fuel the interest of developers and investors. These factors must also be accompanied by strong property rights. Investing in a property only to have it get yanked out from underneath you is no way to protect the individual investments in areas around the world.

With the extremely liberal rights that are available to property owners in Costa Rica, it is patently obvious why so many individuals have made investments in this area. It is interesting to note that while the specific leniency inherent in laws and legislation of the local government has much to do with the popularity of investment from foreign nationals, in some areas the exact opposite is true as the lack of property rights tend to keep other areas around the world from succeeding in this way as potential investment vehicles. As Costa Rica leads the way in real estate development and investment, it becomes rather clear that few areas of the world can compete with Costa Rica as a potential real estate gold mine. With such incredible popularity and a perfect union of low prices, high demand and liberal property owner rights, Costa Rica has cemented itself as the investment vehicle of for the current generation of property developers and investors.

Sunday, October 21, 2007

Costa Rica Receives More Attention from International Travelers

Costa Rica has boomed in reaching years with international visitors interested in seeing the Costa Rica rain forest, one of the last areas on earth that is still in the pristine condition that existed on the planet many decades ago. By visiting Costa Rica, visitors take a step back in time to the lush rainforests that existed in the primitive days of man years ago. This attraction of living amongst nature and coexisting peacefully with the harmonious nature of the rain forest has drawn many visitors to the Costa Rica area from all around the world. With this international appeal, the Costa Rica area promises to hold a tremendous amount of potential for developers and real estate investors over the coming years. In fact, there is so much interest in the area that these types of investors and developers have already flocked to the area to take advantage of the prime real estate that currently exists in the area. With all the emphasis on investing in the area real estate and the potential for an explosion in profit in the future, Costa Rica has proven to be an extraordinarily popular location for these types of investments by shrewd real estate and development experts.

In the future, Costa Rica will very likely look quite a bit different from what it currently resembles. The primitive washboard roads and thatched huts will very likely be replaced by modern buildings and high tech structures, the staple of modern civilization. With Costa Rica's undeveloped nature, many international travelers would prefer to see the rain forest in the way it is. But in the face of development, this rarely happens, and it is very likely that in the future, the lush vegetation and beautiful scenery that Costa Rica is so famous for will be replaced with the trappings of modern civilization. While this might seem tragic to some, it is simply the way that progress works as the new replaces the old and nature makes way for the habitations of mankind. With the encroaching needs of mankind to build upon the bones of the rain forest, Costa Rica will almost certainly be transformed into something completely different than what it currently looks like, providing all manner of upscale facilities and modern comforts for the Costa Rica traveler to enjoy. With this focus on progress in moving into the future, it becomes apparent that there are many who have different opinions on the future of Costa Rica and the way in which it should be handled.

Sunday, October 14, 2007

Costa Rica Now

The rain is almost gone and it has been a really bad wet season this year. Lots of landslides and houses lost where the not so fortunate poor live on cliff sides. When someone told me that Costa Rica gets about 6 meters a year in rain I laughed. Well now I leave the country in Sept. and Oct. and go to the Northeast for the fall season.

I love Costa Rica for it's beauty and the way people here learn not to worry so much about the small stuff. Costa Rica people live a simple uncomplicated life, the circa of people whose strong family ties and religion know how to comfort and care.

The explosion of tourism is making it's way to every section now and development is running rampant. May the government and the people know when to stop and keep it the beautiful pristine country that it is and not give in to the deep pocketed developers. Progress and tourism is good but infrastructure is lacking for handling the masses that development brings.

Costa Rica just ratified the Central American Free Trade Act by passing it with Costa Rica's first referendum. This was a small margin victory as it saw numerous national protests from it's people opposing the intervention of the USA. American again is the bad guy and we are looked at as the democracy devil. Time marches on and it will tell if the countries monopolies will dissolve and the trade markets that open up will benefit the many skeptical Ticos.

I invite all families to visit this country for it has so much to offer with the natural side that will fill your senses. I will be back in Costa Rica at the end of October and will notice the magnificent emerald color of all the foliage which will be an amazing contrast to what I have experienced on my 45 day road trip up the coast of the USA. Nothing compares to it and it truly is a God shot in this tropical rain forest. Pura Vida (pure life)is what you will here from the local folk in daily conversations as they use it in their greetings. I had to laugh and take a photo yesterday when I was along the Carolina outer banks and saw a business sign that read PURA VIDA PIZZA.......did not stop in but it reminded me of why I live in Costa Rica and how I miss it.

Thursday, October 11, 2007

Costa Rica-The Vacation Paradise and Real Estate Investors Dream Come True

In Costa Rica, the real estate boom has only just begun, despite its extremely overwhelming and phenomenally popular nature. As more and more real estate investors flock to the area, there is a tremendous amount of emphasis on the purchasing and sale of real estate for future development, as developers eye the future as a vehicle for growth and expansion in the Costa Rica area where there is so much emphasis on the potential for vacationing and retirement homes in the beautiful Costa Rica resort landscape. With such a luxurious location, it is only a matter of time before development and infrastructure is put in place to serve the future needs of Costa Rican real estate investors and developers, making for an extremely wise choice for real estate investment.

And as Costa Rica comes in line more and more with the potential values that real estate investors see as being critical to the potential profitability of any investment, the area grows on an economic basis, drawing more and more real estate investors from around the world to the tremendous potential for return on investment that the Costa Rica area represents. This situation results in what basically amounts to a land grab as real estate investors flock to the area interested in gaining control of available land that could potentially be transformed into suitable development properties. If these types of trends continue in the Costa Rica area, the investors who have made such a commitment to the area stand to reap tremendous benefits from the returns that could be generated to the area. With the distinct possibility of wildly phenomenal success in the area, it is very likely that more real estate investors will continue to see the location of as prime for expansion and flock to the area in hopes of seeing their profits soar.

Considering Costa Rica's reputation as a vacation Paradise and retirement dream land, it is easy enough to see why so many people would be interested in investing in the local Costa Rica real estate and making the area their home on a long-term basis. This image of Costa Rica as the perfect vacation resort and retirement paradise is actually pretty accurate, as many visitors would say that there are very few areas in the world that compare with Costa Rica and its potential to be the vacation resort destination Paradise of the world.

Thursday, October 4, 2007

Costa Rica-Ideal for Investors

In the case of emerging economies, the entrepreneur or real estate investor who moves quickly is generally well rewarded for their efforts by an escalation and increase in the property value of the real estate, providing a tremendous earnings and return on investment for the real estate investor or professional. With this focus on investing in Costa Rica real estate, the real estate developer or investment professional can secure a swath of land at an extremely low price and maintain it for future development when the Costa Rica area begins to shape up in the future. With this tremendous emphasis on buying and holding real estate in the Costa Rica area, it becomes clear that real estate investors are focused on remaining in the area for the long haul, well into the future, as the properties will not truly begin to explode in value until the available infrastructure is constructed and in place for future development. With the concept of future development always the topic of speculation, real estate investors who are interested in the Costa Rica area for future expansion purposes stand to reap tremendous rewards and profits from the Costa Rica real estate investment that has so many property investors interested in the wide open world of Costa Rica real estate and investing in the ubiquitous rain forest properties.

In the future, when Costa Rica is completely developed and there are few areas remaining to build on, the value of these properties, which are currently next to nothing, even for a waterfront or Oceanside parcel of property, will very likely skyrocket, making instant moguls out of all of the real estate investors who have the presence of mind to invest early in the Costa Rica real estate that provides such strong returns on investment for real estate professionals and developers. In this future Costa Rica, when the entire world has become aware of the potential of the area as a vacationing and resort area, real estate investors who plan ahead and are well aware of the profit to be generated in the area and have manipulated the market to put themselves in control of these types of properties to some extent will be extraordinarily wealthy. In the meantime, those real estate investors who let this incredible opportunity slide by will very likely be left with nothing to show for their efforts.