Spending your retirement in Costa Rica is really a real dream become a reality! 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 the investment to go smoothly, there are some things you will need to know:
1. Costa Rica PROPERTY is a totally unregulated market. They do not have the training and licensing requirements we've here in the United Sates, the united kingdom, or Canada. Any individual is free to be considered a 'Realtor.'
2. All legal contracts will 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 happening, you'll need to do some serious research.
3. Investing in any property can be risky, so you shouldn't be fooled by the stunning scenery, Costa Rica is not any different. Talk to trusted sources in order to avoid getting scammed.
For some retired individuals, the cost of living is important 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 food cost?
Food in Costa Rica is related to that in the United States. Fruits and vegetables like bananas, mangos, beans and oranges are usually locally grown and less than or equal to the united states in price. Many have the taste, texture and freshness are better still than that in america.
Eggs and meats are plentiful 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 are better tasting compared to the supermarket eggs Americans are used to. Chicken is affordable as well- a 5lb chicken will be about $3, and grown entirely naturally with no force feeding or chemicals.
Costa Rica is an amazing island so it is 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 purchase price. This is usually a reoccurring theme in real estate everywhere. The cost of one apartment in a fresh York building that faces the back of another building is often as much as 1 / 2 of an apartment in that same building which has a view. Many Australian Realtors think 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' it is just a matter of opinion. Technically speaking, an 'excellent view' does not have any visible obstructions or foreseeable obstructions in the future. One study 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 the seller but rarely for the buyer. Make sure the amazing view doesn't rush one to buy a home that is far from the regular amenities you will need on a weekly basis. Determine how much you're willing to pay for an incredible view of the ocean long before you go and see the house!
A few things you should know about Costa Rica Culture:
1. Appearance is essential. Costa Ricans take appearance very seriously and 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 greatly help determine who you're as a person.
2. Money Talks. Costa Rica includes a solid middle class who have considerable assets, however by European and North American standards that is a relatively poor country. The price of living isn't particularly low, nevertheless the wages, by comparison, are.
3. It's about the attitude. Leave your poor attitude in the home because Costa Ricans don't be thankful! Here, https://www.discoverpuravida.com/ 's considered not only silly but will actually 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'll battle to understand individuals who don't share their enormous pride for their traditions and culture.
5. The humor of it all. Costa Ricans have an excellent since of humor and can expect you to as well. If you take yourself very seriously and are of the humorless sort, Costa Rica probably isn't the retirement destination for you personally. Humor is really a deep section of Costa Rican culture- they think it is 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 area well. Don't settle, it's your retirement!
Beach Club Costa Rica : Real Estate Investing ([http://www.beachclubcostarica.com])
Your Gateway to Prime Real Estate Investments in Costa Rica.
We recognize that everyone's real estate acquisition goals can 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 that may exceed your wildest expectations. While taking the most advantage of the unique features on your own property, our engineers and architects will accentuate the amazing views as well as optimizing the prevailing breezes. This insures multiple breathtaking views in all homes while at the same time lowers the need for air-con. All woodworking is manufactured at our own facility, using exceptional hardwoods and superior craftsmanship. This ensures the very best quality at the very best prices and makes furnishing your house a breeze.