Costa Rica PROPERTY - Buying For Retirement
Spending your retirement in Costa Rica is a real dream become a reality! It's an exotic tropical island full of beautiful scenery, sunshine and smiles! Buying Costa Rica Real Estate for your retirement is definitely a desirable game plan. However in order for your investment to go smoothly, there are a few things you will have to know:
1. Costa Rica PROPERTY is a totally unregulated market. They do not have the training and licensing requirements we have here in the United Sates, the united kingdom, or Canada. Any individual is free to be considered a 'Realtor.'
2. All legal contracts will most likely be written in Spanish. If you are unfamiliar with the language, you should learn or find someone you trust who's fluent. Unless you really know what's happening, you'll need to do some serious research.
3. Investing in any property could be risky, so don't be fooled by the stunning scenery, Costa Rica is no different. Talk to trusted sources to avoid getting scammed.
For Activities in Playa Dominical retired individuals, the cost of living is important in how they determine where they will spend their retirement. Here are some things you should know before moving to Costa Rica.
How much does the meals cost?
Food in Costa Rica is related to that in america. Vegetables and fruit like bananas, mangos, beans and oranges are usually locally grown and significantly less than or equal to the US in price. Many feel the taste, texture and freshness are even better than that in america.
Eggs and meats are plentiful as well. Eggs are sold by the Kilo (You can find usually 16 eggs in 1 Kilo) and are usually just over one dollar. Because they're farm fresh eggs they are better tasting than the supermarket eggs Americans are used to. Chicken is affordable as well- a 5lb chicken will be about $3, and grown entirely naturally with no force feeding or chemicals.
Costa Rica is an amazing island so it is no real surprise that delicious fresh fish are on large supply. Fish can be delivered regularly and cost between $2.50 and $3.00 a pound.
Which kind of affect does the 'view' have on the Real Estate price?
The view of any home or apartment directly affects the price. That is a reoccurring theme in property everywhere. The cost of one apartment in a New York building that faces the back of another building is often as much as 1 / 2 of an apartment for the reason that same building which has a view. Many Australian Realtors believe that the view is in fact 50% of the worthiness of the house.
When it comes right down to judging a 'good view' from an 'excellent view' this is a matter of opinion. Technically speaking, an 'excellent view' has no visible obstructions or foreseeable obstructions in the future. One study showed that homes located within 300 feet of the water generally sell for 28% more than homes located inland.
Don't buy on an emotional whim! This always works out great for owner but rarely for the customer. Make certain the amazing view doesn't rush one to buy a home that's far from the standard amenities you will need on a weekly basis. Determine how much you're ready to pay for an incredible view of the ocean a long time before you go and see the house!
A few things you have to know about Costa Rica Culture:
1. Appearance is important. Costa Ricans take appearance very seriously and it is the axis a lot of their society revolves around. Personal hygiene, clothing, courtesy, manners, cleanliness of your house and car will all be used to help determine who you're as a person.
2. Money Talks. Costa Rica has a solid middle class who have considerable assets, however by European and UNITED STATES standards this is a relatively poor country. The expense of living isn't particularly low, however the wages, by comparison, are.
3. It's about the attitude. Leave your bad attitude in the home because Costa Ricans don't be thankful! Here, it's considered not merely silly but will in actuality lower their opinion of you.
4. Costa Ricans are Patriotic! Costa Ricans are fiercely patriotic much like Americans are during times of war or crisis. They'll battle to understand individuals who don't share their enormous pride because of their traditions and culture.
5. The humor of it all. Costa Ricans have an excellent since of humor and will expect you to aswell. Invest the yourself very seriously and so are of the humorless sort, Costa Rica probably isn't the retirement destination for you personally. Humor is really a deep section of Costa Rican culture- they find it in everything and use it in an effort to explain the turn of events in their lives.
Finding your retirement real estate can be an exciting project- find a trustworthy company that really knows the region well. Don't settle, it's your retirement!
Beach Club Costa Rica : Real Estate Investing ([http://www.beachclubcostarica.com])
Your Gateway to Prime PROPERTY Investments in Costa Rica.
We realize that everyone's property acquisition goals may be a bit different. Whatever your dreams are, our knowledgeable team will help you in finding an ideal match to fit your investment and life goals. Custom homes, water/mountain/valley view properties & lots available!
Building Your Home- Whether your dream home is luxurious or modest, for pure investment, vacation, rental or residency, we will develop a custom design that may exceed your wildest expectations. While taking the utmost advantage of the initial features on your own property, our engineers and architects will accentuate the amazing views as well as optimizing the prevailing breezes. This insures multiple breathtaking views in every homes while at exactly the same time lowers the necessity for air-con. All woodworking is manufactured at our own facility, using exceptional hardwoods and superior craftsmanship. This ensures the best quality at the very best prices and makes furnishing your house a breeze.