Do not allow the housing bubble affect your investment: opt for fractional properties

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Opportunities offered by Costa Developers to get a fractional ownership will help you avoid being affected by the real estate bubble. 

The property prices have increased in Costa Rica, many experts speak of a possible bubble in the country, according to some foreign prices of properties in Escazú, Heredia and other regions of the country are similar to those found in cities like New York or California.

The crisis that hit the United States in 2008 certainly had an impact on Costa Rica, and this has affected the prices of properties nationwide.

One of the most expensive places for investment in properties today is the province of Guanacaste, where the housing bubble has limited capital for investment and the recovery of this key area.

In a study by El Financiero, the REALTORS said that there is still in the country a great speculation and generation of much higher prices than the reality and the chord to the market.

In San Rafael de Escazu, for example-is averaging less $150 square meter (m²) and the highest $1,750. In Lindora, range from $500 to the $1,800, while in Santa Ana Center the range is between $100 and $500.

"There are long runner casual to all seeking is a high income and, therefore, recommend to the owners of the properties sell at unreasonable prices.”The result: properties that are not sold", argued Aleyda Bonilla, Executive Director of the Chamber.

Meanwhile the Costa Rican Chamber of real estate brokers indicated that although brokers lowered their prices in order to recover the market, informal intermediaries are still speculating.

The possibilities offered by Costa Developers to acquire a property of one million dollars at a fraction of that, avoids engaging in market price speculations.

The company specialized in the marketing of properties in the Central Pacific region offers the possibility for you to acquire a property in a region where your property will increase in value and will be an investment for your future.

Posted by Costa Developers

Real estate market in Costa Rica will keep growing

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Expert analysts and international media profiles real estate in Costa Rica will continue to rise.

A stable economy could yield him fruits to Costa Rica in the goods market roots, experts predict that there will be an increase in real estate sales in what has been a market slow, it would however approximate a wave of sales.

"After a successful close in 2012, this year (2013) seems to be a great start with houses of Costa Rica to draw attention to the Web sites of real roots throughout the country, $200,000-$ 450,000 of points of sale at the price," advises The Tico Times, a newspaper in English language in Costa Rica.

"The market is definitely gaining steam," noted Chris Simmons, broker/owner of Remax Ocean Surf Realty in Tamarindo. "Sales in the last year were higher than in the three previous years combined. They are selling properties that have been for 2 years without tenders and there is a growing urgency in the market."

The positive side was that more foreign investors are owners of their property for what the country did not see the same disastrous situation of foreclosure who experienced the United States and other global markets where the properties were heavily mortgaged. As a result, the recovery has been less complicated that in economies that are overwhelmed by the high housing debt.

The increase in sales seems to be due to several factors. The stabilization of the housing market in the United States is having a positive impact in Costa Rica, and condominium sales. Thus, tourist arrivals constantly increased in Costa Rica from 2010 so more potential buyers have the possibility of knowing firsthand the market in Costa Rica.

According to the Tico Times, "people around the world want to buy properties in Costa Rica. The Americans who come to visit and fall in love with the country and South Americans trying to protect their fortunes of questionable Government policies in their own countries are foreign property investor’s most common roots.

To these groups can now add a class newly empowered and ambitious young professionals in Costa Rica and the emerging Russian and European investors. Together, these groups form a demand of changing market of real roots of Costa Rica.

Posted by Costa Developers