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If you are thinking of buying Florida real estate for any of the above reasons then you should consider what more Americans than ever are doing – buying property in Costa Rica.
Florida real estate in terms of cost is 70 - 80% more expensive than Costa Rica and Costa Rica has many other advantages that Florida real estate simply cannot compete with here are just a few.
For investment
Costa Rica offers properties at 70 - 80% less than the cost of Florida real estate for an equivalent home. But it gets better, with an average price increase of 300% in the last 10 years, buying in Costa Rica offers great capital growth potential way in excess of Florida real estate.
Consider that the above is just average and many investors have doubled their investment in just a few years!
Florida real estate in terms of growth rates simply cannot compete and if you buy in Costa Rica don't worry, you get the same rights as residents, so your investment is secure and a number of tax incentives are available.
For living and retiring
Many Americans fed, up with high crime, inflation and the fast pace of life and are taking advantage of Costa Rica.
Houses are cheaper and so to are living expenses, which are up to 70% less than in the US.
Consider the fact that you can get a full time maid for $150.00 a month and done out on $10 and you can see your money simply goes further. You have all the amenities of the US and are still only three hours from home!
Many who have thought About buying Florida real estate have changed there mind and moved to Costa Rica, especially people retiring, they get more for their money, in one of the most beautiful and relaxed places to live in the world.
For a holiday home
We have already seen many of the advantages of Costa Rica for living and investment, so why not combine the two by buying a holiday home here rather than buying over priced Florida real estate.
Consider these advantages:
You can buy real estate as an asset and you can use it whenever you wish.
With growth rates on property values of over 300% in just ten years and it sure beats boring mutual funds!
The major advantage of course is, you can enjoy it whenever you wish – to relax and when your not their you can rent it out and take advantage of soaring rentals and demand.
You can therefore get an appreciating asset, extra rental income and enjoy your asset as well.
The fact is Florida real estate is expensive and is unlikely to rise any where near as fast as the Costa Rican property market.
Get a home in paradise at an affordable cost
If you are looking for an investment home, looking to move, retire or finally, buy a second home in Costa Rica you get more for your money and you get much more variety than if you bought Florida real estate.
Leisure facilities are limited in Florida, however, but in Costa Rica you have it all - stunning beaches, volcanoes, rainforest white water rafting, rolling hills mountains, great nightlife and much more.
If you are thinking of buying Florida real estate, consider Costa Rica first and you may be glad you did - an affordable paradise just a few hours flight from the US could be yours!
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