Costa Rica's real estate market in 2017 is experiencing a significant surge, with investor interest reaching levels not seen since the early 2000s. Whether you are looking for a retirement retreat or a high-yield rental, here is everything you need to know about navigating the market this year.
One of Costa Rica's biggest draws is that foreigners have to citizens.
: After a long lull following the 2008 recession, the market is heating up, with construction starts up by 23% over the last year. buying property in costa rica 2017
: You can purchase property on a standard tourist visa.
: Most land is "Fee Simple," meaning you own it outright and can sell or lease it as you wish. Costa Rica's real estate market in 2017 is
: This region is seeing a massive 60% increase in sales volume. Towns like Dominical and Ojochal offer a more "unspoiled" feel with high investment potential.
: Locations such as Escazú and Santa Ana are favorites for those seeking cooler climates and proximity to San José’s infrastructure. The Legal Landscape for Foreigners : After a long lull following the 2008
: In early 2017, a stronger U.S. dollar has devalued the Costa Rican Colon, making property and living costs even more attractive for North American investors.