Costa Rica Real Estate Returns To The World's Top Ten
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by: jackjreynolds
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Costa Rica has once again made it to the top ten most desired real estate investment/retirement locations in the world according to International Living Magazine. After having been dropped from the list in 1997 due to what appeared to be over inflated prices this jewel of Central America has once again appeared in the top ten due to many factors including stabilizing prices due to natural economic factors, a rapidly developing infrastructure that includes new highways, new hospitals, telecommunication improvements, and two new international airports.
A top medical tourism destination, is what Costa Rica has recently become, owing to its high quality of care. What the companies like Health Check Costa Rica are doing extremely well is wooing Americans to Costa Rica for Quality and affordable dental and medical Care. Robust with retirees and what Dennis Easters of Pure Life development of Atenas calls pre retirees, is what the Central Valley Real Estate market has been lately. With a keen eye to infrastructure, people in their 40's and 50's are searching for their future retirement locations. An affordable cost of living, is what people want, together with Hospitals, quality medical care, good roads & restaurants. And here all of that is readily available.
Although recently voted by the AARP as one of the world's top ten retirement destinations, Atenas,has a population of about 20,000 (including its sprawling suburbs), but the area is known for being safe and clean. Like several other towns in the Central Valley, Atenas has health and fitness centers, swimming pools, tennis courts, excellent restaurants, dentists, physicians, many fascinating shops, and one of the best street markets in the country. And to top it off, it is spectacularly beautiful.
The North, Central, and southern pacific coasts are all working hard to catch up with the central valley which is ahead of most parts of the country in regards to infrastructural development and many major projects already underway. Welcoming the construction of a 115 million dollar annex to Hospital Cima in San Jose, is Rebecca Clower of Blue Water Properties of Costa Rica in Northern Guanacaste. "The great jobs the government has been doing on public road system of late, along with bringing modern medical facilities to this area coupled with the major expansion of the Daniel Obuder International Airport close by, is what is changing the whole picture for Guanacaste Real Estate. Using equity lines of credit, the vacation and second home owners formed our last big boom cycle. Now we are seeing a different type of client people who are looking for a dream that is no longer affordable in the U.S. A more stable and sustainable growth pattern here in Guanacaste and the beach area in general, is what this is leading to. Areas here, not accessible before hav e been opened up using new roads, and today a spectacular ocean view lot can once again be had for 100k.
After having weathered some boom and bust cycles, Costa Rica is finally gearing up to retain the honor of being the top destination in Central America. Costa Rica has been made an excellent consideration for your real Estate investment dollars, both in our eye and that of International Living Magazine by an intelligent eye to infrastructure, private investment in hospitals and an equilibrium of sorts on Real Estate prices.
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