Off Plan Property Costa Rica

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Off Plan Property in Costa Rica

Costa Rica has been one of the prime destinations for Americans and Canadians over the last decade or so as a place to retire and enjoy a low cost of living. However, with the weak dollar not looking to get any stronger in the near future, they have not been able to sell their off plan properties in the north and have sufficient funds to live to the standard that many require.

The Costa Rica Government has been aware of this for some time and in the last year or so has heavily promoted Costa Rica to the European property investor market where their property prices look very attractive due to the weakened dollar.

The Real Estate Market in Costa Rica 

The real estate market in Costa Rica has also attuned itself to this different kind of investor, who has different goals and now are promoting (offplan) resort style communities with onsite management aimed at the buy to let market as well as the more traditional long stay visitors and residential tourists.

The retirement sector is still doing very well due to the generosity of the Costa Rican Government and a number of very appealing incentives aimed at encouraging long term investment in Costa Rica.

Tourism in Costa Rica 

The holiday market, however, is where many of the European investors are looking in the form of buy to let properties that they can purchase off plan with only nominal deposits, which they will be able to place under management upon completion and rent out to the growing number of tourists that find their way Costa Rica each year.

Economy in Costa Rica 

Costa Rica boasts the strongest economy in Latin America having diversified at a relatively early stage from its traditional agricultural industry and become a leading name when it comes to attracting foreign investment to its shores.

rices although very attractive to European investors are by no means the cheapest in Central and Southern America, but Costa Rica does have an established tourist industry as well as growing financial sector.

High Rental Yields 

With rental yields hovering around 10% and capital growth expected to achieve 25-30% over the next three years, this is not an emerging country as such, but one on the cusp of becoming a mainstream tourist destination for both North Americans as well as Europeans.

FIND OFF PLAN PROPERTY, NEW DEVELOPMENTS & INVESTMENT PROPERTY IN COSTA RICA

8gentoffplan.com is the new off plan property listing portal of 8gent real estate Ltd allowing holiday home buyers and property investors to find off plan property and new developments in Costa Rica and establish direct contact with developers and promoters, not only in Costa Rica but in all corners of the globe.

All property developers and promoters on our Costa Rican off plan property directory are keen to assist you in the purchase of your new apartment, villa or townhouse in Costa Rica. All off plan property advertisers are members of 8gentconnect.com™, an international network of real estate agents & property rental companies.

If you don't find your ideal Costa Rica off plan property on our database and wish to get in contact with local estate agents in Costa Rica, please visit http://www.8gentdirectory.com/cr, the largest global directory of independent estate agents.

For ready built holiday homes and second hand property for sale in Costa Rica visit our sister site of 8gentproperty.com™