Spending your retirement in Costa Rica is really a real dream come true! It's an exotic tropical island filled with beautiful scenery, sunshine and smiles! Buying Costa Rica PROPERTY for your retirement happens to be a desirable game plan. However in order for your investment to go smoothly, here are a few things you should know:
1. Costa Rica Real Estate is really a totally unregulated market. They don't have the training and licensing requirements we've within the United Sates, the UK, or Canada. Anybody is free to be considered a 'Realtor.'
2. All legal contracts will 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 going on, you'll need to do some serious research.
3. Investing in any real estate can be risky, so don't be fooled by the beautiful scenery, Costa Rica is not any different. Dominical from trusted sources to avoid getting scammed.
For some retired individuals, the cost of living plays a role in how they determine where they'll spend their retirement. Here are a few things you will want to know before moving to Costa Rica.
How much does the meals cost?
Food in Costa Rica is related to that in america. Fruit and veggies like bananas, mangos, beans and oranges are often locally grown and significantly less than or equal to the united states in price. Many feel the taste, texture and freshness are better still than that in america.
Eggs and meats are readily available as well. Eggs can be purchased by the Kilo (There are usually 16 eggs in 1 Kilo) and are usually just over one dollar. Because they're farm fresh eggs they're better tasting compared to the supermarket eggs Americans are used to. Chicken is affordable as well- a 5lb chicken will undoubtedly be about $3, and grown entirely naturally without force feeding or chemicals.
Costa Rica can be an amazing island so it is no surprise that delicious fresh fish are on large supply. Fish could be delivered regularly and cost between $2.50 and $3.00 a pound.
What sort of affect does the 'view' have on the Real Estate price?
The view of any home or apartment directly affects the price. It is a reoccurring theme in property everywhere. The price of one apartment in a fresh York building that faces the trunk of another building is often as much as 1 / 2 of an apartment in that same building which has a view. Many Australian Realtors believe that the view is actually 50% of the value 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' does not have any visible obstructions or foreseeable obstructions later on. One study showed that homes located within 300 feet of the water generally sell for 28% a lot more than homes located inland.
Don't buy on an emotional whim! This always computes great for owner but rarely for the customer. Make sure the amazing view doesn't rush one to buy a home that's far from the regular amenities you will require on a weekly basis. Decide how much you're willing to pay for an incredible view of the ocean long before you go and start to see the house!
A few things you should know about Costa Rica Culture:
1. Appearance is important. Costa Ricans take appearance very seriously in fact it is the axis a lot of their society revolves around. Personal hygiene, clothing, courtesy, manners, cleanliness of your home and car will all be utilized to help determine who you're as a person.
2. Money Talks. Costa Rica includes a solid middle class who've considerable assets, however by European and North American standards it is a relatively poor country. The price of living is not particularly low, however the wages, in comparison, are.
3. It's all about the attitude. Leave your bad attitude in the home because Costa Ricans don't be thankful! Here, it's considered not only silly but will in actuality lower their opinion of you.
4. Costa Ricans are Patriotic! Costa Ricans are fiercely patriotic similar to Americans are during times of war or crisis. They will struggle to understand individuals who don't share their enormous pride because of their traditions and culture.
5. The humor of everything. Costa Ricans have a great since of humor and can expect you to aswell. Invest the yourself very seriously and are of the humorless sort, Costa Rica probably isn't the retirement destination for you personally. Humor is a deep section of Costa Rican culture- they find it in everything and utilize it as a way to explain the turn of events in their lives.
Finding your retirement property can be an exciting project- find a trustworthy company that really knows the area well. Don't settle, it's your retirement!
Beach Club Costa Rica : PROPERTY Investing ([http://www.beachclubcostarica.com])
Your Gateway to Prime Real Estate Investments in Costa Rica.
We recognize that everyone's real estate acquisition goals may be a bit different. Whatever your dreams are, our knowledgeable team will aid you in finding the perfect match to suit 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 shall develop a custom design which will exceed your wildest expectations. While taking the most advantage of the initial features on your own property, our engineers and architects will accentuate the amazing views besides optimizing the prevailing breezes. This insures multiple breathtaking views in every homes while at the same time lowers the need for air-con. All woodworking is manufactured at our very own facility, using exceptional hardwoods and superior craftsmanship. This ensures the best quality at the very best prices and makes furnishing your home a breeze.