COSTA RICA REAL ESTATE:
MAKING THE BEST OF BOTH WORLDS
Worldwide, Costa Rica is known for its natural resources and biodiversity. From tropical beaches to volcanoes and tropical rain forests, this tiny country occupies only .03% of the planet's surface —roughly an area the size of West Virginia— but is home to approximately 6% of the world's biodiversity.
However, when it comes to property ownership, there are other reasons that have convinced foreign real estate investors of Costa Rica’s unique advantages. For one, the country’s high standard of living offers a realistic alternative for those who would want a break from the rising cost of living in the United States, oppressive taxes and a myriad of government regulations and still retain their current lifestyle.
Furthermore, because the country never experienced the abuses visited upon other Latin American countries by the Spanish conquistadors, it developed an egalitarian society, with everyone doing their share of the work, and few becoming very rich or very poor. These conditions set the grounds for a long history of stable, democratic government: as the oldest Democracy in Latin America, Costa Rica has remained politically stable country and has had no military since 1948.
There are also many tax advantages to living in Costa Rica. Investors pay no capital gains taxes on real estate, business taxes are minimal and high interest bank accounts are tax-free. Property taxes are also reasonable when compared to the U.S. As a result, many foreigners and foreign companies have found Costa Rica to be the best place to retire, to live and work and to do business.
This eclectic blend of cultures and lifestyles has made of the country one of the most desirable vacation locations in the Americas for real estate as well. Among the emerging names in real estate investment, none has receives more praise than Reserva Conchal Beach and Golf Resort in Guanacaste. This exquisite beach resort offers incredible stretches of sand overlooking the Catalina Islands, breathtaking ocean views, a Robert Trent Jones II 18-hole championship golf course and a five-star hotel.
As a long-term real estate investment opportunity, Reserva Conchal Beach and Golf Resort is run under a twenty-five year master plan for a community development that includes property ownership in single-family residences, lots, condos and townhouses. With sustainability and the preservation of the surrounding natural environment as a priority, the development plan for our condos and residences will progress in phases ensuring the quality of a well-conceived and planned ocean-view resort community.
When it comes to making the most of both worlds, Reserva Conchal has found the perfect balance, creating a private family community with the beauty of ocean and beach, the leisure of golf, the added value of a sound real estate investment and the laid back pace that underscores life in peaceful Costa Rica.