Buying Real Estate in Costa Rica for Baby Boomers

If you're looking for a wise investment, you might consider Costa Rica real estate. Costa Rica is an enormously popular vacation destination, and gains popularity each year. Costa Rica real estate investments can provide income for many years, and provide a second home for your own vacations.

Costa Rica Real Estate Tips - Building a house, or purchasing a new one is an exciting experience.

Inspection is done, the punch list is completed, and everything is fine…or is it?

Well, it could happen that once acquired, unnoticed defects appear which were not seen or more commonly, hidden, at the time you received your newly-built house.

Destined for greatness” is how Pat Hundley, President of Day Star Properties, describes Jaco’s recent facelift, as development continues to transform the once-sleepy surf town into a burgeoning tourist destination and up-and-coming commercial center. With development progressing full speed ahead, a new Jaco is emerging in its wake, with exciting changes for business, tourism, and the quality of life for residents and foreign visitors alike.

According to municipality statistics, 2007 has seen the completion of over 1000 condos in more than 15 properties, including the first three of Day Star’s seven beachfront condos and VistaMar, the first of four new VistaCR properties. Acqua Residences’ 8-floor beachfront property is near-completion and service-oriented Macaws Ocean Club has completed phase one of its two-phase project.

Amidst the political and social turbulence that plagues many of the Latin America countries, Costa Rica has been able to sidestep that. The economic, political and social stability of Costa Rica is one characteristic that has distinguished it through its entire contemporary history and as one of its most important strengths, has enabled it to reach great success in luring foreign investors.

Costa Rica's government has been a stable democracy since 1949. The country's success was recognized in 1987 when President Arias Sanchez was awarded the Nobel Peace Prize. The award was granted for the president's high ethical standards and the image that he portrayed as a representative of the Costa Rican people. The people share in his high ethics and morals. They are recognized to be among the top educated and socially aware people in the world.