Investment real estate in Costa Rica refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property located in one of the popular tourism areas in Costa Rica to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
Costa Rica Featured Listing
Apartment Complex with Beach View Ready for you!
Location
Limon City, Costa Rica
Property Type
House
Bedrooms
4
Bathrooms
4
Price
$499,000
Property in Costa Rica can increases in value over time
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of cheap investment property from residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
The investor wants to buy cheap Costa Rica investment real estate for sale to maximise returns from the tenants paying rent, and buying cheaper immediately increases potential profits, which is the primary aim of all investors.
Buying luxury properties in Costa Rica can be a smart move for both investment and personal use, depending on your goals.
Costa Rica offers very favorable property ownership laws where foreign investors and buyers have full property rights, which is not the same as in many other Caribbean and Central American countries.
