Why is Costa Rica a great place for real estate investing?
The real estate market in Costa Rica is primarily driven by private capital and therefore does not rely on institutional banks. An estimated 90% of real estate purchases are made with cash or private financing. Furthermore, the cost of land and construction is substantially lower than the United States, which translates into higher profits and safer projects. Ultimately, though, it is the relationship between the high demand created by the marvelous appeal of Costa Rica and the relatively low supply of quality homes that continues to give strength to the real estate market.