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Is the Market Coming Back?

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, FAQ's, Investing in Costa Rica

Is the Market Coming Back

Is the market coming back?

Updated:  February 6th, 2017

For the last 4 years, we have seen a huge increase in sales every year from the previous year. Last year we did more transactions than the 3 previous years combined.  So what is driving the market you ask?  I think it’s a combination of a few things.

First of all, many of our clients have been planning to come to Costa Rica for years.  When the economy took a turn they put their plans on hold.  But after 4 or 5 years things are looking better in much of the USA and people are turning the attention again towards paradise. They don’t want to wait anymore.  Many people, even though they may have less money in their retirements than they had hoped for or had before the economic crash, are still putting their “5 year plans” to work.  So we are seeing many buyers coming here now that have told me they are tired of waiting and just want to make it happen now.

Investing in Costa Rica–Why It Makes Sense

Written by Michael Simons on . Posted in FAQ's, Investing in Costa Rica

Why Investing in Costa Rica Makes Sense

From the Desk of Michael Simons
Broker/Owner Tres Amigos Realty Group
Playa Hermosa
Playas del Coco
Playa Panama
 
People ask me all the time “Why Invest in Costa Rica?” and I say – Why Not? Got a better idea?

You don’t want to put your money in a bank where you get no return.  The Stock market is way too risky.  What about US real estate? Forget it. It’s going to take a decade to turn around.

But Costa Rica, on the other hand, has everything an investor wants:

A stable democratic country

Very little crime

Fantastic infrastructure

Low taxes

Low carrying costs

And most importantly – They welcome foreigners

People ask me all the time “Why live in Costa Rica?”  and I say Why not?  Tell me where else?

You can’t live in the Caribbean, too many hurricanes and high cost of living.  Most people can’t afford Hawaii.  Mexico and the other Central American countries are way too dangerous.  And who wants to stay in the USA?

With the taxes as high as they are, and about to get higher, forget it – You can’t afford to retire.  Not to mention the cost of living, insurance, crime – you get the picture.

But Costa Rica is perfect!

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