Can I make money renting my property in Costa Rica

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, Condominiums, Homes, Investing in Costa Rica

Can I make money renting my property in Costa Rica?

Can I make money renting my property in Costa Rica

In almost every development, the breakdown of ownership is about the same. One third of all the owners live there fulltime; they are Ex Pats who have made paradise their permanent residence. One third of them are your typical snowbirds; they spend 3 to 6 months a year here, when the weather turns in North America, and then spend the summer months back home. Some of them rent their properties when they go back north, but many of them just lock the door and leave. They don’t need the money and don’t want anyone “sleeping in their bed.” The last third don’t live here at all. They either have a 3 to 5 year plan to becoming one of the first two, or they have no intention of ever living here at all, they just own the property as an investment. They come down as often as they can, depending on their lifestyles and their incomes, and they rent the property the rest of the time.

So, can I make money renting my property in Costa Rica?

Life is a Highway – How I came to Costa Rica Part 4

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, Costa Rica Living, EX PATS in Costa Rica, Investing in Costa Rica, Newsletters, Playa Hermosa, RE/MAX Tres Amigos

Tank Tops Flip Flops Newsletter edition no. 100

Life is a Highway – How I came to Costa Rica Part 4.  THE FINAL CHAPTER

How I came to Costa Rica

An old client of mine wrote to me a few months ago. He has this southern drawl, and even when he writes, I can hear him speak in the words. “Myyyyyyyke. You gotta do sumthin’ amazin’ fur ya big one huned. It’s gotta be spectaculah. Just don do nuttin political.”

Thanks for the advice Don; I hope I have done you proud. So in celebration of my 100th Newsletter, here is the one so many of you have been waiting for. The conclusion of “How I Came to Costa Rica.”

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