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Costa Rica Real Estate : Central Pacific Last Updated: Jul 14th, 2008 - 10:46:31


Buying Overseas Property – Why You Should Consider Central Pacific Coast Costa Rica
By Kelly Price
Mar 9, 2007, 07:52

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Explore Costa Rica.com is Costa Rica's online English language daily newspaper, featuring Costa Rica News, Costa Rica Events, Central America News, Costa Rica Weather, Costa Rica Travel, Costa Rica BusinessCosta Rica Real Estate, Costa Rica Hotels, SurfingFishingGolf Tournaments, for all those traveling or living in Costa Rica. Costa Rica Real Estate: Costa Rica Investments: Costa Rica General Info: Costa Rica Area Info: Central Pacific Costa Rica: Living & Retiring in Costa Rica

Buying Overseas Property – Why You Should Consider Central Pacific Coast Costa Rica

The Central Pacific Coast in Costa Rica continues to be a popular choice for both buyers of overseas property, for both investment and pleasure. Here we will give you an idea of the region and its potential for capital growth, some examples of growth achieved and why it will remain popular.

Playing it safe with overseas property
If you want an established area for buying overseas property, that offers fantastic potential returns on your investment, then this region offers you just that, without the risk of buying an up and coming region or country.

The Region
The Central Pacific is a narrow coastal strip surrounded by the jungle and the mountains of the Cordillera de Tamalmanca and spectacular beaches. Here are just three destinations in the region that property purchases in or near, can on past performance give you a great lifestyle as well as great investment returns.

Jacó
Jacó sits to the north and has long been a major destination in terms of Costa Rican tourism it is extremely close to the capital San José making is just 30 minutes from San José, and about 7 south of the stunning wildlife reserve, Reserva Biológica Carara. The town boasts fantastic hotels and an exciting nightlife. The town is a mix of older holiday makers and a young vibrant surfing crowd. The famous Los Suenos Marriott Beach and Golf Resort, at Playa Herradura, offers a 250 birth marina an 18-hole championship golf course, and stunning beachfront views.

Capital Growth potential
The Los Suenos Resort for example can show the potential of buying overseas property in the region. The hotel pre sold 50 condos of 2000 square feet for $250,000. The next year another fifty were sold at $350,000. This years upper end units are being sold between $450,000 to $850,000 and there is a waiting list!

For another example, Investors that purchased $30,000 of property in Jaco 15 years ago are now worth up to $750,000. The region remains popular and further capital gains look like being made by investors over the coming years.

Quepos
About 7 kilometers up the coast from Manuel Antonio, is the sport fishing hot-spot, Quepos and is considered one of the best destinations for sport fishing in the world and is also a magnet for surfers. South of Quepos, the spectacular beaches of Parque Nacional Manuel Antonio present some of the country's most breathtaking ocean views. A silvery white sand beach, with an expansive coral reef, backed by a rain forest, the four beaches of Manuel Antonio offer travelers beach, surf and natural beauty. You can scuba dive, fish, surf, hike, turtle-watch or simply laze around and take in the atmosphere.

Dominical
A small fishing community beside the mouth of the Río Barú is now one of Costa Rica's major surfing destinations and is a vibrant fun place to be. Around 5 miles north of Dominical are the Nauyaca Falls, a popular destination for travelers. The falls are composed of two cascades, plunging around 200 feet into a relaxing warm-water pool and are just two hours away. While the Central Pacific is well known for several of its most popular beaches, this region has a host of small, secluded shores, un spoilt by the area's buoyant tourist industry.

Capital gains and lifestyle
When buying overseas property many people look at new areas to buy, however established areas that are popular can still be very lucrative and offer high potential rewards with low risk.

Keep in mind!
Many people buying property overseas want natural beauty, but they also want comfort, entertainment and good access. This region has all of the above, look at it more closely and consider the advantages of buying overseas property here and you may be glad you did.

Source: EzineArticles.com

 
Central Pacific Links: National Park Weather
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