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Costa Rica Real estate industry
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Posted On :
Nov-14-2011
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Article Word Count :
426
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There has been a steady growth in the Costa Rica real estate industry. People from different parts of the world consider Costa Rica real estate as one of the best investments today.
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There has been a steady growth in the Costa Rica real estate industry. People from different parts of the world consider Costa Rica real estate as one of the best investments today as those who have put faith in the real estate in Costa Rica have been getting amazing returns on their investments.
Many factors have contributed to the phenomenal rise in real estate properties and Costa Rica real estate investments. The upsurge of tourism in the country is one of the major reasons for the growth of the real estate business all over Costa Rica. Costa Rica boasts of spectacular beaches, amazing wildlife found in the rain forests, stunning waterfalls and the scenic ocean view that attracts tourists from all over the world. Costa Rica’s natural beauty is its greatest asset. Costa Rica real estate provides rental homes to tourists.
Some tourists and foreign investors buy Costa Rica Luxury real estate and beach properties which they use as holiday homes for their own self and as Costa Rica vacation rentals to rent them out to other tourists and to earn a regular income out of it. The influx of tourists in the country has caused a major boom in Costa Rica real estate industry.
Costa Rica has been experiencing a very strong and balanced economic growth. Several commercial complexes and large enterprises, banks, accountancy firms, and offices dealing with finance have come up in Costa Rica and each of them have contributed to the rapid expansion of real estate in Costa Rica.
Another important factor that has lead to the growth of Costa Rica Real estate is the relaxed rules and regulations for buying real estate in the country. There are no controls on foreign exchange, on profit repatriation, and on capital gains. Plus, there are no restrictions for a foreign investor on owning business or land in Costa Rica. Foreigners enjoy the same property rights as local citizens. Low business and property taxes further attract foreign investors to Costa Rica.
Construction of new highways, airport, and improvement in the transportation facilities has bought a consequential rise in the property prices in Costa Rica and has eventually given a boost to the Costa Rica real estate industry.
Those of you, who are interested in buying Costa Rica real estate for enjoying considerable growth in their investment or for using Costa Rica luxury real estate as a vacation home or combination thereof, you can log on to nativa-costarica.com to find some of the best Costa Rica real estate properties.
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Article Source :
http://www.articleseen.com/Article_Costa Rica Real estate industry_103807.aspx
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Author Resource :
Nativa-Costarica has famous write on the topic Costa Rica Real Estate and Costa Rica luxury real estate
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Keywords :
Costa Rica Real Estate,
Category :
Finance
:
Real Estate
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