Invest In Costa Rica’s Paradise
September 2, 2008
The Costa Rica Real Estate Investment Fund, though still fairly new in the international real estate industry, is currently gaining leverage at an impressive pace. Costa Rica is a developing country per world standards, but the growth of the economy and the tourism sector during the past years have contributed to its steadily rising hold in the real estate market. In fact, there is significant activity in real estate improvement anywhere in the country although it is the Province of Guanacaste and the Central Valley that have had the biggest share in the developments so far.
The tourism industry has helped much in giving more profitability and recognition to the Costa Rica Real Estate Investment Fund. More and more tourists have discovered the hidden wonders of Costa Rica and have found the quality of life in this coastal country to be quite good. Statistically speaking, it has about six percent (6%) of the entire world's biodiversity. This place is ideal for biologists, environmental researchers, as well as nature loving tourists since twenty three percent (23%) of this country is composed of protected rainforests and mountain areas.
Now, people not only flock to Costa Rica to experience its relaxing atmosphere and laid-back lifestyle just once, but also to buy properties as investments. As there are a great number of things to do in such a small country, more foreigners have started to recognize the manifold attractions and are consequently determined to purchase real estate properties. As a result, the Investment Fund is progressively advancing, and can only be expected to advance further in the coming years.
Much of the growth in the Guanacaste Province can be credited to the nearby Liberia International Airport. The major beach stops in Guanacaste being a mere 25 minutes from the Liberia International Airport, this prime destination is both accessible and attractive. The commercial real estate leaders in these areas are top class hotels that cater to the tourists, like the Four Seasons Resort Costa Rica, Hotel Paradisus, and Hacienda Pinilla.
Also, the Guanacaste area is renowned for its spectacular beaches, and the assortment of water sports and other outdoor activities which can be enjoyed. Tourists and locals can get pleasure from surfing, scuba diving, bird watching, and river rafting. For the more adventurous, the mountain ranges of Guanacaste are a thrilling alternative, with a stretch of rain forests and volcano chains.
The presence of foreign investors have been chiefly advantageous in proliferating the developments in the real estate sector. Today, there are world-class malls, hotels and resorts, soaring residential compounds, condominiums and villas, and luxurious golf resorts for the high-end market. Such investments play an essential role in turning erstwhile rural areas into areas of commercial interest, thereby increasing the real estate business in this country.
The Costa Rica Real Estate Investment Fund may be new to the scene, but surely with a lot to market in this steadily developing country, there is no reason why more advancements should not find their way into the inviting shores of Costa Rica.
James Kesel, MS, is the publisher of the Inexpensive Costa Rica Vacation website at http://www.costa-rica-source.com, providing great information on vacations, travel and investing in Costa Rica real estate.
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