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Costa Rica - An Economic and Tropical Paradise

By: David Lovendahl

With a growing economy, investing in Costa Rica has become a popular choice in recent years. The tropical paradise, which boasts lush rainforests, breathtaking mountain vistas and relaxing beach retreats, is also a growing economic force in Central America.

Costa Rica’s chief economic sustenance is from tourism, agriculture and electronics. With the adoption of the Central American Foreign Trade Agreement (CAFTA), many Fortune 500 companies, including IBM, Intel, Chiquita and Sony are investing in Costa Rica with resources and jobs. The country’s primary exports include coffee, bananas, sugar, pineapples, textiles, electronic components and medical equipment.

Another area that the country has seen vast fiscal growth is in land development. Real estate in Costa Rica has become of great interest to foreign investors. The name Costa Rica means “rich coast” and the country is showing just that, by providing investors with a vast number of prime real estate choices in beauty and land value. Costa Rica beach properties are among the most popular, however, there are many other types of Costa Rica property that are just as lucrative.

Some investors choose to locate in the booming city of San Jose, a bustling urban metropolis located 1,150 meters above the country’s agriculturally fertile central valley. The city boasts a population of close to 300 thousand and represents over one-third of the nation’s population. It is also highly modernized, offering many typically North American shopping venues as well as the latest in technological advances.

Other Costa Rica real estate can be found in thriving beach communities in the North Pacific, Central Pacific and lower Caribbean regions of the country. In these areas, you will find a plethora of Costa Rica land for sale. Each area has its own special advantages, however, collectively they all offer desirable beachfront properties and calming ocean breezes.

At one time Costa Rica property was not thought to be a wise asset because of its relatively low resale value. Today, however, the worth of Costa Rica land is rising at an astounding rate, making it a shrewd investment for resale purposes. In addition, with the diverse topography of Costa Rica land, it is just as desirable to make the country a permanent home.

by David Lovendahl, Costa Vista Marketing

Article Source: http://www.travelarticles.org

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