Costa Rica luxury rentals steadily increasing
The luxury rentals segment is Costa Rica looks promising. First Class Villas’ Property and Rental Management, Prestige MLS Member based in Quepos explains us why.
Costa Rica is one of the hottest up-and-coming real estate markets in the world. It’s not surprising. Considered the “Switzerland of Central America” due to its stable and democratic government as well as being “army free”, visitors are captivated by its ideal climate and its friendly population. The breathtaking natural beauty has made Costa Rica one of the worlds most sought after retirement and vacation home destinations.
Owning a luxury villa or property that looks out onto what is guaranteed to remain a breathtaking, unspoiled natural wilderness
Real estate can provide the ideal investment alternative. Costa Rica’s Central and South Pacific area is on the verge of a spectacular property boom just at a time when property values and investment markets in much of North America and Europe are a bit flat.
Costa Rica provides a great deal of commercial freedom and protection for private business. It’s even possible to establish a corporation in Costa Rica without having to obtain legal residency or citizenship. Many foreigners do this to hold real estate, since Costa Rica doesn’t charge capital gains tax on property held inside a Costa Rican corporation – a huge advantage in a country where the value of property has been escalating so rapidly.
The value of being able to escape to an ecologically protected environment
« One of the many advantages of buying or building a luxury vacation rental villa in Costa Rica is that tourism in the region is steadily increasing. Costa Rica First Class Villas’ Property and Rental Management team have a long list of people looking to rent villas. We can rent your villa and take care of every aspect of its maintenance in your absence. You benefit from the chance to earn a steady stream of rental income to help pay down your mortgage or boost your annual earnings, much the same way you could earn dividends from investing in stocks. » explains Donielle Fish, Managing Director at First Class Villas.
As so many regions of the world become increasingly crowded and polluted, the value of being able to escape to an ecologically protected environment where the air is fresh to breath and the water clear to drink is bound to continue to increase. Owning a luxury villa or property that looks out onto what is guaranteed to remain a breathtaking, unspoiled natural wilderness, however, goes beyond simple dollars and cents. While you’re purchasing an asset that’s predicted to appreciate significantly, you’re also investing in something you can enjoy today – an investment that can provide you with a better quality retirement lifestyle or a truly magical family vacation luxury villa.