All Topics / Overseas Deals / Does anyone have experience in purchasing in Costa Rica

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  • Profile photo of Investment SynergyInvestment Synergy
    Member
    @investment-synergy
    Join Date: 2011
    Post Count: 1

    Hello,
    Does anyone have experience in purchasing in Costa Rica?  I have found quarter acre lots in Puntarenas for $25K with comparable lots going for $40K.  Any advice would be appreciated.

    Profile photo of CheevesFinancialCheevesFinancial
    Participant
    @cheevesfinancial
    Join Date: 2010
    Post Count: 201

    Been here.  Area is ok, however as far as safety goes, it is pretty safe.  Puntarenas used to be one of the main seaports in Costa Rica but is now only a stopover.  Seafood is great there with plenty of good restaurants.  The only major deterrent I found was that you can't, or it is not advised that you swim in the ocean.  The water is cloudy / murky and is considered dangerous with all of the stingrays and just dirty feel to it.  Nice area, yet pretty rural…bad beaches.  $25k for some land seems cheap, but be sure to find the protected species, vegetation, etc…most importantly if you can actually build on it in the future.

    CheevesFinancial | Cushman & Wakefield - Commercial Property SW FL
    http://www.CommercialRealEstateVoice.com
    Email Me | Phone Me

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