Costa Rica Beach Property For Sale: Which Coast Is The Best Real Estate Source In Costa Rica
With the world economy on its way to recuperating
, Costa Rica beach property for sale is one of the strongest real estate ventures that are also recovering. Costa Rica is a country in Central America between Nicaragua in the north and Panama in the south. Surrounding Costa Rica in the east is the Caribbean Sea and in the west, the Pacific Ocean. With these lush bodies of water on either coast of the country, beach property in Costa Rica is indeed a commodity, coveted and treasured.
Costa Rica was once a Spanish colony by 1502. But in 1821, the Costa Rican country was declared independent along with other Latin American countries. With a population of 4 million and an annual GDP of $38 billion, Costa Rica is one of the countries that is promising to be fully developed by 2020. Its economy is basically stable, its GDP owing mainly to agriculture, tourism and exporting electronics. And now that the world economy is making a comeback, real estate seems to be making an appearance also, with people searching more and more for properties by the beach, or at least in a reasonable distance to the beach.
This brings us to the first of the many aspects that property-buyers think of: which coast is the best coast? In Costa Rica, they have been blessed with wide-ranging coastal shores the Pacific Coast in the west and the Caribbean Coast in the east. This, in turn, will bring about other aspects which is more attractive, the glorious sunrise in the east Caribbean coast or the whimsical sunset in the Pacific west? Will the clients prefer to see the sunrise first or is it the sunset that they are most partial to? Another aspect in beach property that one should consider is the terrain. In Costa Rica, the Pacific Coast is much more rocky and rugged than the Caribbean Coast but it has more surf spots than the east. The Caribbean Coast, on the other hand, is a tourist magnet. Mangroves and other wildlife are home to this east side of the coast, along with a number of crocodiles in swamps.
Attractive as they may be, Costa Rica beach property must not be taken lightly. The Pacific coast has a longer coastline, at 1016km as opposed to the Caribbean coastline, which is a meagre 212km. Establishments present on their side of the coast must also be taken into consideration, like which coast has the most or the least tourist, which side is closer to the airport, or mall/grocery. Another aspect to consider is which coast has the more violent thunder and wind storms and which property will most likely be sold again or even better, developed, their value rising over time. Beach properties on both Costa Rica coasts range from $110,000 to $20 million, from undeveloped plots of land to bulldozed properties all ready for construction.
So depending on your personal preference, choose the beach property on the coast that has teh characteristics that pleases you most. Whether you choose one from another, one fact remains. The property you purchase now will continue to rise in value because it is in Costa Rica.
by: s.michilov
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Costa Rica Beach Property For Sale: Which Coast Is The Best Real Estate Source In Costa Rica Atlanta