Costa Rica Real Estate – One of the World’s Best Property Markets for 2012

Coldwell Banker Costa Rica | 18th April 2012 | Share
Costa Rica Real Estate – One of the World’s Best Property Markets for 2012
According to International Living, Costa Rica Real Estate is one of the world’s best property markets for 2012. In the article, published on the 27th March, titled, "The World’s Best Real Estate Markets in 2012," Ronan McMahon placed 3 Costa Rican regions in the top 27 investment locations in the world. When establishing his criteria McMahon explains, "The top have places in this Global Real Estate Index are all fast-emerging beach locales. These are places on the up…where it’s still not too late to get in. Each offers outstanding natural beauty. Real estate prices are affordable. And something is happening that I believe will push prices higher. These are places where you can work with reliable contacts; your rights are enshrined in law and the costs of buying, selling, and holding real estate range from ridiculously low to affordable." The Southern Zone of Costa Rica came in 3rd place preceded only by Ecuador’s North Coast and Tulum in Mexico. Arenal, La Fortuna was awarded 8th position and Costa Rica’s Caribbean coast 20th position. For McMahon, Costa Rica real estate in these regions is not only affordable but relatively easy to acquire providing you hire a qualified regional realtor. It is evident that for such a small country, Costa Rica certainly packs a big punch. Ongoing development has ensured that there are several exciting locations to acquire Costa Rica real estate. The opening of the Caldera highway has had a direct effect on the amount of people that visit the South Pacific. Combined with the resurfacing works on the Costanera highway this region of Costa Rica has never been more accessible. In late 2011 the Costa Rican government announced that a new international airport has been earmarked for the South Pacific town of Palmar Norte, works will begin early 2014. When it comes to acquiring value appreciating Costa Rica real estate, this has certainly sparked the interest of many property investors and it should spark your interest too!
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