The Costa Rica News (TCRN) – Costa Rica Real Estate Investment sector seeing strong indicators through 2012 and 2013 and predict a good year in 2014.
Costa Rica real estate sector in the mid 90’s all the way through 2006 was considered an emerging market. Investors were buying prime beach, mountain, and metropolitan real estate at extremely low numbers and this produced a large number of millionaire developers and investors during this period, fueling one of the hottest real estate markets on the globe.
2013 was a going to be a turnaround year for Costa Rica real estate investment was that mortgage rates in America were at record lows encouraging buyers to leverage assets and many of these buyers were and are considering moving their investment assets into the more lucrative markets of Latin America. “Banks have opened credit lines again, to buyers as well as developers and investors. As well, Costa Rica has made it even easier for foreigners to move, invest and retire in Costa Rica, so it’s a promising time for those looking for brighter future live abroad in countries like Costa Rica.”