JACO, COSTA RICA, October 22, 2008
/24-7PressRelease/ -- The Costa Rica real estate market is thriving and has expanded rapidly in recent years. Although the prices of Costa Rican real estate investments have been steadily rising there are still plenty of affordable investment opportunities.
Costa Rica is located in Central America between Nicaragua and Panama. The country is home to just over 4 million people and has a huge tourist market. There are many factors that contribute to Costa Rica's appeal both as a vacation destination and as an investment opportunity including a low crime rate, literacy rate of over 95 percent, a low unemployment rate, and political and economical stability. These factors coupled with Costa Rica's tropical beauty make it very appealing for vacationers, investors, and foreign nationals.
The huge tourist market is one of the biggest reasons people look for Costa Rica real estate investments. According to the World Tourism Organization, there were almost 2 million international visitors to Costa Rica in 2006 and they generated 1.6 billion dollars of revenue. For investors looking to cash in on this flourishing tourist industry there are many investment potentials from hotels, resorts, vacation homes, and bed and breakfasts, to restaurants, theaters, and other entertainment venues.
Costa Rica is an especially attractive vacation destination for United States citizens as direct flights are available to Costa Rica from many U.S. cities making travel plans simple. Costa Rica real estate investments are also especially attractive to U.S. based investors because the Costa Rica real estate market is based on the U.S. dollar. Lax tax requirements, low prices, and a flourishing market make Costa Rica a great place to vacation or invest. If you have dreamed of owning an investment property overseas Costa Rica is a great place to buy your little piece of heaven. (www.cb-jaco.com)
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