Costa Rica Real Estate Baby Boom

Costa Rica Real Estate Baby Boom

Costa Rica Real Estate Baby Boom
As the​ real estate market in​ the​ US takes a​ nose dive, alternative investments like Costa Rica real estate could keep you afloat and​ in​ the​ sun! In times like this it’s good to​ have an​ alternative to​ futures, options, and​ hedge funds .​
The real estate market in​ Costa Rica is​ said to​ be one of​ the​ most stable in​ the​ world .​
It has been quietly booming for​ a​ few years and​ is​ expected to​ continue on its path .​
What makes Costa Rica real estate such a​ promising investment?
About 15 years ago, you could buy a​ piece of​ land 50 meters from a​ beach of​ powder white sand and​ aqua blue water for​ $10,000 and​ it​ would be worth $500,000 today .​
There are still investment opportunities like this available in​ undeveloped costal areas, and​ up and​ coming trendy tourist destination .​
Although there are fewer than in​ the​ past, steals like this can still be found .​
But more importantly, foreigners continue to​ move to​ Costa Rica, bringing their savings with them .​
Many are retiring or​ buying a​ second home, some are retiring young and​ some are coming to​ do business .​
There are several reasons for​ the​ influx .​
Property is​ cheaper than in​ the​ US, as​ is​ the​ cost of​ living, and​ a​ familiar standard of​ living can be maintained with the​ added benefit of​ beautiful beaches.
Furthermore, in​ 2018 the​ baby-boom generation will start to​ turn 65 and​ retire .​
Baby-boomers will retreat from their failing retirement plans and​ insufficient Medicare system and​ move to​ independent retirement in​ the​ sun .​
Costa Rica will become the​ new Florida, and​ you can already see the​ retirement developments going up and​ banking services for​ transferring Medicare checks.
Real estate has always been a​ great investment in​ terms of​ providing cash flow, assets and​ tax breaks .​
With the​ US market in​ the​ dumps, Costa Rica offers the​ opportunity to​ invest in​ a​ new growth market, in​ a​ country with a​ stable economy, and​ a​ friendly foreign policy .​
Costa Rica real estate is​ an​ excellent alternative investment offering high returns with low risk.

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