Costa Rica real estate is and will continue to be one of the healthiest and fastest growing markets out there. Costa Rica real estate beach front properties are going to see amazing growth in the next few years. The baby boomers are going to retire soon and I suspect that many of them have long considered purchasing Costa Rica real estate for sale to retire. You may have considered purchasing Costa Rica real estate too. The beach front Costa Rica real estate is a tropical paradise.
Costa Rica real estate for sale is at the reach of baby boomers. Have you thought about purchasing beach front property as a second home or an investment? During the past 5 years Costa Rica real estate has been increasing at a remarkable 18 - 30 % per year. How do you invest in Costa Rica real estate beach front properties? This is how to buy Costa Rica real estate beach front property.
There are only two ways to go about buying Costa Rica real estate beach front property, the wrong way and the right way.
- Make sure the Costa Rica real estate you're looking at is a place you would like to vacation at. If you plan on purchasing it, spend a few days in the area to guarantee that it is the perfect place for you.
-Find a good lawyer to represent your Costa Rica real estate investment. Never use the buyer's lawyer. Find your own lawyer to manage your purchase. It's important to find one that has considerable knowledge of maritime zone law.
-Costa Rican maritime law is different than every other Central American country and you need to know all of the details before purchasing Costa Rica real estate beach front property. In Costa Rica, the maritime zone is 200 meters from the average median high-low tide all year long. The first 50m is public property and the 150 meters from that line is restricted. The 150 meters stretch can be leased by a concession by the local municipality.
- Once you're sure of purchasing your Costa Rica real estate for sale, act quickly but prudently. Since Costa Rica real estate is in high demand a bargain won't last long. Land prices are rising, so act once you're sure.
- Negotiate directly with the owner. If an agent says you can't speak with the owner of the Costa Rica real estate for sale, do not waste your time or money.
- Get a topographer to do a survey on the land. The Costa Rica real estate for sale owner will have a Plano Catastrado, but your own survey will verify the location and size of your Costa Rica real estate, so you can be sure you're getting what you paid for.
