Spending your retirement in Costa Rica is really 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. But in order for your investment to go smoothly, there are a few things you should know:
1. Costa Rica Real Estate is a totally unregulated market. They do not have the training and licensing requirements we have within the United Sates, the united kingdom, or Canada. Anybody is free to be considered a 'Realtor.'
2. All legal contracts will most likely be written in Spanish. If you're not familiar with the language, you need to 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 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 most retired individuals, the cost of living is important in how they determine where they'll spend their retirement. Below are a few things you should know before moving to Costa Rica.
How much does the meals cost?
Food in Costa Rica is related to that in the usa. Fruits and vegetables like bananas, mangos, beans and oranges are usually locally grown and less than or equal to the US in price. Many have 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 (You can find usually 16 eggs in 1 Kilo) and so are usually just over one dollar. Because they are farm fresh eggs they are better tasting than 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 is an amazing island so it's no surprise that delicious fresh fish are on large supply. Fish can be delivered regularly and cost between $2.50 and $3.00 a pound.
What type of affect does the 'view' have on the Real Estate price?
The view of any home or apartment directly affects the price. This is usually a reoccurring theme in property everywhere. The cost 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 that 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' it is a matter of opinion. Technically speaking, an 'excellent view' has no visible obstructions or foreseeable obstructions in the foreseeable future. Activities in Playa Dominical 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 computes great for owner but rarely for the buyer. Make certain the amazing view doesn't rush you to buy a home that is far from the standard amenities you will require 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 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 and it is the axis much of their society revolves around. Personal hygiene, clothing, courtesy, manners, cleanliness of your home and car will all be used to help determine who you are as a person.
2. Money Talks. Costa Rica has a solid middle class who've considerable assets, however by European and North American standards this can be a relatively poor country. The cost of living isn't particularly low, however the wages, in comparison, are.
3. It's about the attitude. Leave your poor attitude at home because Costa Ricans don't appreciate it! 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 everything. Costa Ricans have an excellent 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 use it in an effort to explain the turn of events in their lives.
Finding your retirement property is definitely an exciting project- look for a trustworthy company that basically knows the region 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 property acquisition goals might be a bit different. Whatever your dreams are, our knowledgeable team will aid you in finding the perfect 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 shall create a custom design that will exceed your wildest expectations. While taking the most advantage of the initial features on your property, our engineers and architects will accentuate the amazing views along with optimizing the prevailing breezes. This insures multiple breathtaking views in all homes while at the same time lowers the need for air conditioning. All woodworking is manufactured at our very own facility, using exceptional hardwoods and superior craftsmanship. This ensures the best quality at the best prices and makes furnishing your home a breeze.