The republic of Costa Rica (Spanish for ‘Rich Coast’) is located in Central America between the Pacific Ocean and the Caribbean Sea. This progressive nation has attracted the attention of world travelers and investors interested in Costa Rica real estate with its rich variety of plants, wildlife and recreational opportunities. The area is also very rich in protected species and national parks. On top of all that, Costa Rica has an extremely high quality of life as a result of their outstanding infrastructure and reasonable cost of living.

Buying Costa Rica real estate will not cost much more than if you were buying the same type of property in the USA. Prices for land to build, or for homes already built, is largely in line with the US real estate market. Regardless of your choice for the type of Costa Rica real estate you desire, from beach front, condos or luxury, your price will not be much different for the same type of property in the USA.

Purchasing Costa Rica real estate may seem confusing for a foreigner. In reality, it is quite simple and that fact has encouraged many people to buy Costa Rica real estate, in addition to the lower cost of living.

The average Costa Rican native earns about $500 per month, of which that income allows a native to live reasonably and meet their creature comforts. In contrast, for the same lifestyle in the USA, one needs to earn substantially more. The cost of living in Costa Rica is about 1/2 of that in the United States. A substantial income in Costa Rica is $2000 or more per month, An amount which would allow one many luxuries. This is the very reason many Americans and Canadians have chosen to purchase Costa Rica real estate and retire there.

Costa Rica real estate is divided into seven regions, and each region offers many different perks. More than a dozen National Parks are spread throughout the country offering hiking in the rainforest, horseback riding and mountain biking in the country side. Additionally, there are numerous water sports such as fishing the crystal blue waters, exploring the coral reefs, surfing and whitewater rafting the wild tropical rivers. Of course, camping and sightseeing neighboring countries such as Panama and Nicaragua are also opportunities for adventure.

If you get homesick and want to take a visit back home or bring friends to your new estate, Costa Rica has 2 International Airports with connections all over the world. Additional transportation in the country is by Taxi, usually a few dollars anywhere and by Bus. Although some people who have bought their Costa Rica real estate and moved here, have brought their car along with them

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As with any major investment, when buying property in Costa Rica, it is important to do your due diligence.

This means getting all the data and statistics about all elements of your purchase. This means you need to understand what exactly you are buying, what the purchase includes and what the limitations (if any) are. In many countries, there are restrictions on building heights, setbacks, and other construction details which a buyer needs to be aware of before committing to purchasing and building there.

While the Internet has made real estate investing and land purchasing easier, it is wise to approach any large transactions from a perspective of information gathering and fact-finding. Never buy homes or land without visiting them for yourself.

It can be tempting to try and purchase a beautiful piece of land from the Internet pictures, but you can make a grave mistake if you end up paying for land, or a home, or some property which is not what you actually take ownership of at the completion of the sale.

Some areas in Costa Rica can not be built upon, but since there are few regulations on who can sell land; the unwary buyer may end up purchasing land which can never be built on. This is why doing your due diligence is vitally important when investing in Costa Rica.

You must work with seasoned professionals who know the details of investing in this country. Work with someone who has proven experience, who can provide proof in the form of satisfied customers and who has purchased property in the country as well. Find someone you like and trust. Ask a lot of questions. Get expert advice.

The more you know, the better prepared you will be to make a good decision.

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