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Some people make money in some overseas property investments but lose. No matter how good the country looks as a whole, you have to have the right location and the one below can give you potential triple digit gains. Lets look at the region and the country. Costa Rica has been a favorite overseas property investment location for Americans in particular for years and although many have made great profits many have not and this has been down to location. The central pacific coast in Costa Rica is a great choice for any investor and is arguably the best in Costa Rica for both buyers of overseas property, for investment or second or holiday homes. A safe choice for overseas property investment The central pacific coast of Costa Rica offers fantastic potential returns on investment, without the risk of buying an up and coming region or country. It's a "safe" option and one where the risk/ reward has been and will remain favorable. The Region The Central Pacific is a narrow coastal strip surrounded by the jungle, mountains and spectacular beaches. Here are three destinations in the region that property purchased around can on past performance give you a great lifestyle as well as great investment returns and the outlook for future gains looks good. JacÃ? JacÃ? sits to the north and close to the capital San Jose making is just 30 minutes from San Jose, and about 7 south of the beautiful wildlife reserve, Reserva BiolÃ?gica Carara. The town boasts fantastic hotels and a great nightlife and is popular with both locals and overseas buyers. The town is a mixture of older holiday makers from aboard and a younger energetic surfing community. The landmark Los Suenos Marriott Beach and Golf Resort, at Playa Herradura, offers a 250 birth marina an 18-hole golf course, all with stunning beachfront views. Capital Growth potential The Los Suenos Resort shows the potential of buying overseas property here. The hotel pre sold 50 condos of 2000 square feet for $250,000. The next year another fifty were sold at $350,000. The next year end units were sold at $450,000 increasing up $850,000. Another example more modest example but still with fantastic gains: Investors that purchased $30,000 of property in Jaco 15 years ago have property worth $750,000 now. The region remains popular and further capital gains look like being made by investors over the coming years as its established, has great infrastructure and is beautiful. It looks to remain popular and this means buying in around the area as it expands will see great profits 7 kilometers up the coast from Manuel Antonio, is the sport fishing capital of Central America. Quepos and is considered one of if not the best places for sport fishing in the world and is also has a growing number of surfers visiting it. South of Quepos are spectacular beaches present some of the country's most breathtaking ocean views. The area also boasts an expansive coral reef, backed by a protected rain forest, and the beaches of Manuel Antonio offer visitors beach, surf, beauty and great infrastructure. Dominical A small fishing community beside the mouth of the RÃ?o BarÃ? is now one of Costa Rica's major surfing destinations. Around 5 miles north of Dominical are the Nauyaca Falls, a popular destination for holidaymakers The falls are composed of two cascades, falling 200 feet into a warm-water pool and these falls are just two hours away. Why this area looks great for investment Unlike many other areas of Costa Rica it not just beautiful it offers the comforts of home with great facilities and that is why it is so popular with Americans and other buyers. The area continues to see significant building in around the above towns and more is expected buying property here is a sound investment and future growth looks good. Keep this important fact in mind! People tend to think the best bargains to be had in overseas property are in up and coming or emerging areas but many of these simply fizzle out leaving investors with losses. By all means be a pioneer and we know some got rich but most got the arrows! The above area is for people wanting a great lifestyle combined with great risk reward on their property. Check out the area in more detail and you may be glad you did! |
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