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Prices from $100K to $200K

Why is Real Estate in Costa Rica a Good Investment?

Whether you want to move internationally or enjoy having your own vacation home, real estate in Costa Rica is a good investment.

Tropical living in Costa Rica
Tropical living in Costa Rica.

Always dreamed of having a home in the tropics someday?

Lots of people from the U.S. and Canada are buying homes in the tropical paradise of Costa Rica. Whether they’re making the big move to an international life, or looking to profit from a vacation home investment, the warm climate, lower living costs and affordable real estate are luring folks south.

Many people come on vacation to Costa Rica and fall in love with the beaches. But the benefits of buying in the Central Valley are numerous: cooler more moderate temperatures, mountain views, ease of travel close to the San Jose International Airport, and the modern conveniences of living near the city.

Atenas in Costa Rica's Central Valley
The town of Atenas in Costa Rica's Central Valley.

An abundance of direct flights to Costa Rica from many major U.S. cities and new direct flights to Canadian and European hubs make it easy to keep a second home in Costa Rica for vacations.

“Buying Costa Rica homes as vacation rental investments is one way many people help finance the purchase and upkeep of their future retirement home,” said Dennis Easters, a Costa Rica realtor and co-owner of Pure Life Development in Atenas. “Vacation rentals are a good investment if you are not ready to move to Costa Rica full-time, or you are retired and able to vacation whenever you want.”

Real estate is almost always a good investment, according to most financial advisors. They will tell you that real estate as a hard asset tends to hold its value, generate more stable returns, and therefore, be less vulnerable in volatile economies.

In Costa Rica, international home buyers can buy titled property. Important to note is that coastal properties in the maritime zone are subject to concession laws which are different. Another incentive for buying a home or piece of land is if it is valued at $200,000 or more, you qualify for Costa Rican residency as an investor.

Vacation rental Atenas Costa Rica
Vacation rentals like this one in Atenas, Costa Rica are a good investment.

“A vacation home is a hard asset of real estate,” explained Easters. “Some people already have one vacation home and found it is profitable. Then, they end up buying multiple homes and running them as a business.”

Although setting up your home as a vacation rental takes time and profits are not immediate, said Easters, “you can expect about a 5 to 7% return on investment rate on vacation rentals in the Atenas area.”

For more information on real estate in Costa Rica, contact Costa Rica realtors Dennis Easters and Gerardo Gonzalez with Pure Life Development of Atenas.

Article by Shannon Farley

Why corporations are used to buy homes in Costa Rica

In Costa Rica, properties are typically owned by corporations rather than individual persons. Find out why, and the ins and outs of how to buy homes in Costa Rica.

Buy homes in Atenas Costa Rica
You can buy homes in Costa Rica like this one in the town of Atenas.

Most people who are new to buying real estate in Costa Rica are surprised to learn that almost all real estate purchases by expats are done by corporations. Different than in the U.S., expats in Costa Rica buy properties and houses in the name of a corporation rather than in their own name.

Read more: Why corporations are used to buy homes in Costa Rica

New Photo Book Shows Off Beauty of Atenas, Costa Rica

A new photo book about Atenas, Costa Rica by U.S. photographer Charlie Doggett shows off the beautiful nature and happy life in his adopted hometown.

Atenas Costa Rica Photo Book by Charlie Doggett
Atenas Costa Rica Photo Book by Charlie Doggett.

U.S. expat and photographer Charlie Doggett loves living in Atenas, Costa Rica so much he’s recently published a new photo book showing off the beauty of his adopted home.

“I love nature and tranquility and you’ve got both in Costa Rica better than anywhere else I’ve ever been,” said Doggett. “I love it here. In the morning I wake up to the birds singing. Every day is a holiday for me.”

Read more: New Photo Book Shows Off Beauty of Atenas, Costa Rica