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Real estate in Costa Rica has risen 500% in five years. Honduras is right behind, with Claudia Schiffer, Julia Roberts, Sylvester Stalone and half a dozen other movie mavens building retreats on their shores. The government of Belize will even donate (on a long term lease) a matching acreage in real estate if you buy land, develop it and employ the locals.
Central America, being both mountainous and having water frontage on the Atlantic Gulf Coast and Pacific Coast oceans has a great variety of climate temperatures and spectacular views, for just pennies on the dollar compared to its US counterpart.
In all but the major cities, land can be bought in the mountains and highlands from $1000 to $5000 per acre, ocean views for $10,000 to $30,000 per acre and beachfront for $50,000 per acre or more. If you buy in volume, say in the 10 to 50 acre parcels, the prices drop and make a fine investment through subdividing into lots that will often double your value as soon as the first for sale sign is put up.
Buying and owning Real Estate in Costa Rica is possible with few requisites even for non-residents. Come and enjoy the good life, Pura Vida! The house and retirement of your dreams is still possible here as most real estate is still a bargin compared to the prices in the US and Europe. Own property with security in this democratic and politically stable country. Peruse your dream home through Valley Realty de Costa Rica at Valle Escondido.
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