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Why Invest?Country ProfileCity List |
Costa Rica » Market Report
Costa Rica property investment does have rivals such as Honduras, Belize and Nicaragua but these markets simply do not offer the same risk repayment. Its a recognised market. Costa Rica property prices have been high for 10 years and it has become a mature market.
The major attraction of Costa Rica property is the chance to buy property that is 70% less than in the southern US states in a beautiful and stable country. If you want double digit annual gains with low downside risk then go for Costa Rica. Our Forecast
At the moment many property projects have been put to hold due to the global credit crunch but Costa Rica is out of trouble. It has slowed down property developments. Investors are apprehensive but International property brokers forecast that Costa Rica has a strong property market especially buy-to-let market looks promising. Investment in Costa Rica is dependent on the tourism industry but despite fears number of tourists has not decreased.
The property market is expected to grow by more than 15% in the coming years in Costa Rica. The large number of tourist will get rental yields of 10% or more. New areas are opening up for property development and some major developments taking place. All these developments represent new opportunities for property investment. It could be the next property hot spot.
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Live Rates as of 30-11--0001 07:0 GMT
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