Real estate in Costa Rica

Posted on October 7, 2010 by admin

As developed countries become fuller and relaxing environments harder to find people start to look a little further afield to get away from the bustle of everyday life. One such place is Costa Rica, lets take a look at why so many people are looking at real estate in Costa Rica.

What do those seeking a peaceful distraction want??

Ok here is a quick list: –

1 – Warm climate

2 – Few people

3 – Nice beaches

4 – Cheap prices

5 – Friendly locals

6 – Plenty of room

7 – Peace and quiet

If this list were a score card Costa Rica would score a very healthy seven out of seven.

It really does tick all the boxes and as time goes by even more reasons are appearing. The major bane of the country used to be the poor communications with regards to its roads, phones and internet. On all of these fronts there have been major improvements. The whole country now has mobile phone service and with this a 3G internet capability. That impending worry of not being able to contact the office or have them contact you whilst having your Costa Rica vacation can now be quashed. If you bring a lap top and USB modem you could even get some work done on those quiet evenings. In fact this is a contributing factor as to why so many people are now considering buying their own little piece of Costa Rican property.

Many regular Costa Rican vacationers are seeing how it could make sense to just work via the internet from a permanent location in their favorite part of the country. A lot of people these days do not really need to go into the office everyday and many self employed only need to have a face to face meeting once in a blue moon. So why pay all that overhead, both in cash and stress? Live the easy life and work from your beach front Cabana.

Property and land prices in Costa Rica are also pretty attractive. A popular option is to buy your own piece of land in an amazing location then build you dream home on it. This can allow a lot of flexibility. House can be built with future growth in mind. Holiday businesses are a viable proposition, rental chalets, adventure holidays, a new country has many possibilities.

In the current world economy nothing is really booming, a subsisting economy is seen to be doing well. Many areas are still undiscovered. This is where you could secure yourself a bargain piece of real estate for sale in Costa Rica. Cheap land and building prices mean you can stay well within budget.

The South Pacific area have some beautiful and well price pieces of land and property. Places like the surfer town of Dominical or the natural paradise of Uvita are receiving a lot of attention.

Conclusions:-

There is a recession and people are anxious about spending money but on the other hand now is the time to grab a bargain. Costa Rican real estate fits into that bargain category. If the recession has not yet bottomed out then there is very little further down to go. Land has always been an investment main stay. Buying property or land in this area can be a three fold investment. With money earned on property appreciation, possible rental and business opportunities plus the priceless investment in quality of life.

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Two Million Euros for Puerto del Carmen, Lanzarote

Posted on October 5, 2010 by admin

The main tourist town of Puerto del Carmen in Lanzarote is in for a treat. The recession has caused a slowing of the local tourist and property industries and a cash injection is very welcome. Property for sale in Puerto del Carmen is still sought after but not to the same extent as in past times. The area still enjoys one of the very best year around climates in the world and the tourist season is 12 months, not the three or four months as seen in the mainland.

The Government is authorising an expenditure of more than 12 million euros for upgrading and improvement of tourist spaces in different areas of the archipelago. There are to be four authorised expenditures in Las Palmas, Fuerteventura, Lanzarote and Tenerife. Lanzarote is to begin improvements to the urbanisation of the first phase of the Avenida Las Playas in Puerto del Carmen known locally as “The Strip”.

If you visit Puerto del Carmen you will not be able to miss ‘The Strip’. This is the main road that runs along the beach. It runs the full length of town and is where ninety per cent of all the businesses are to be found. Recently the main road has been turned into a one way street to allow for wider pedestrian areas.

Puerto del Carmen is where the majority of all tourists visiting Lanzarote spend their holidays so any improvement made here will have the greatest effect.

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Emigrating to Costa Rica

Posted on September 28, 2010 by admin

Growing tired of the pace of life is commonly talked about by the people that live in the colder countries of the globe, the rat race, cold and grey winters and want more from life and think about living in a warmer climate in their dream home where life is more relaxed and one can enjoy the qualities of life. Many expatriates that now live in their own house in Costa Rica had these same thoughts and wanted a change of direction or a fresh new path. These people where bold enough to realize their dream and bought their own piece of real estate in Costa Rica to create their new direction.

Many people have chosen to change their country of birth for a quality of life where one can enjoy life to it’s fullest in one of the worlds most beautiful and geological and bio diverse countries on the globe that is within easy reach of family and friends.

What a great way to start your day by walking through your property enjoying the plants and abundant wildlife, walking along the beach or surfing quality waves in a warm ocean. And after a full days work or retirement relax watching the sunset from your pool.

It is easy to find expatriates that have spent at least fifteen or more happy and fulfilled years living in Costa Rica and many of their family members have come to join them have bought real estate and build their own homes. These people have build their dream homes on a beautiful plots of real estate and made their dream come true.

The growing cost if living in the northern hemisphere is another contributing factor adding to the lowering standard of life that has made people question want they really want and their life path.

The cost of living in Costa Rica is not cheap but that is to be expected in a country that has good social health, education programs and standard of life. However if one compares the living costs of Costa Rica to the USA, Canada and Europe it is considerably cheaper. For example to build a dream home with and Ocean view or buy real estate within minutes to the beach is simply out of the price range of most people. It is now possible to buy real estate now in Costa Rica at some of the best prices that have been seen for years. Now is an opportune time to get into the real estate market.

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Hang gliding and Paragliding in Lanzarote for Winter 2010

Posted on September 10, 2010 by admin

The 2010 Lanzarote hang gliding season is about to get under way from October 2010 until March 2011. Autumn and Winter are closing arriving in the rest of Europe and some warm weather flying on a beautiful island starts to become a good idea.

Most visiting pilots of both hang gliders, and in recent years many paraglider pilots, come and enjoy the great winter flying conditions Lanzarote has to offer. The majority of pilots arrive when the weather in their own country really starts to bit. Lanzarote is a direct flight from most European airports. With the advent of airlines like Ryan Air, EasyJet and Jet2 offering very cheap flights a trip to Lanzarote is becoming very affordable, especially if you can manage it outside of any school holidays. Flight times are normally around the four hour mark.

If you are intending to Paraglide in Lanzarote then you will not have anywhere near the problem that the hang glider pilots have transporting their equipment. Rules vary from airline to airline with regards to sports equipment but on the whole Paragliders are accepted by all airlines. Unfortunately Hang Gliders to not have any easy time with the airlines. The size and weight of hang glider equipment tests the limits of the baggage hold in an airplane plus the backs of the baggage handlers. Airports to the North of England plus many other airports in Germany are willing to load hang gliders on the planes.

Lanzarote has a lot to offer the travellling paraglider and hang glider pilot and their families. A little winter sun is always very beneficial and the sunny weather is dependable. Lanzarote has a flying site for almost every wind direction. The best direction being from NNW to ENE, this enables flying at the best sites. The most famous flying route is called the Famara Ridge Run. This is a long NNW facing ridge that runs for 25 kilometers from the old capital of Teguise right to the northern tip of the island near a town called Orzola. Not only is this a great long flight the views are spectacular. You fly two thirds of the route on the coast and can see the sea on both sides of the island. You fly over deserted beaches, look at other islands and marvel at the clear blue sea. This has a good reputation and for good reason.

The next most popular place to paraglide and hang glide in Lanzarote is across the dam in Mala. This site needs a NE to ENE wind. There are great thermals and really good opportunities to fly out in front of the hill towards the North or take a cross country flight south towards Playa Blanca. Many pilots have made it to Playa Blanca from Mala.

Three other popular sites are Orzola, El Cuchillo and La Asomada. Paragliders have a few other sites they fly due to their added access capabilities and landing possibilities.

If you are planning a trip to Lanzarote then you will need somewhere to stay. The favorite area of choice is Famara and the best way to stay here is by organising yourself a nice Famara bungalow to rent. These properties are perfectly situated at the foot of the Famara cliffs, where the ridge run is, and overlooking Famara beach. After a great days flying you can rejoin your family by making a very cool landing on the beach.

Each year more and more pilots are visiting Lanzarote and for good reason. Lanzarote has reliable weather and its volcanic landscape will give you some aerial views that you will never see anywhere else.

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Real Estate in Ojochal

Posted on September 7, 2010 by admin

You will find Ojochal a thirty kilometer drive south from Dominical along the Pacific highway. Getting there from the capital and main airport of San Jose will take around a four hour drive. You could take a short flight from San Jose to Palmar Sur airport then its just a twenty minute journey to Ojochal by taxi.

Ojochal is located very close to the beautiful ocean park called ‘Ballena National Park’ and the ‘Corcovada Nation Park’. If you want to see some amazing wildlife both under and above water then this is a great place to be located.

This is a small town so facilities are limited however there are still enough shops, bars, restaurants, bakeries, etc to get by. For serious provisions most people take the fifteen minute drive to the local towns of Cortez and Palmar Norte. Ojochal had a large expat community of French Canadians and because of this there is a good selection of restaurants.

The river Terraba enters the sea at Ojochal. In the river mouth there is a great floating restaurant from where you can watch the sunset. As night falls the town becomes quiet except for a few bars and one small disco.

In and around the town there are some very nice peaceful beaches. These are all but deserted most days, Sundays and holidays attract more people. The nearby beaches are called Playa Pinuelas, Playa Ventanas and Playa Tortuga.

Real estate in Ojochal is gaining momentum as the low prices and property availability start to become noticed. Popular buying options are plots of land for sale in Ojochal, also new developments are going up so off plan buying is available. The coastal area of Ojochal is forested and rises upwards as you go inland. Plots of land in Ojochal are available on the side of these hills giving amazing views and cooler evening air. If buying and developing you own lot seems a little too much then off plan and ready built property is available. Prices range from $159,000 for a ten hectare farm to $198,000 for a great two bedroom house with a private pool.

Ojochal is in its early stages of development. It is located very close to the fast expanding town of Uvita and has plenty of local Costa Rican beauty on its doorstep.

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Managed real estate in Costa Rica

Posted on September 7, 2010 by admin

Now is a great time to buy real estate in Costa Rica as there are some great deals with motivated sellers pricing their properties attractively to sell. The real estate investor should also consider the future and the development of the country, which already boosts good social education, healthcare and the various forms of Costa Rica’s rich renewable energy with 82% of hydroelectricity being the largest source of natural energy and is aiming to be the worlds first carbon-neutral country. The new third generation cellular phone and Internet communications link areas of the country that previously had no telephone or Internet coverage. There is well-developed eco tourism that preserves the nations resources and gains revenue in the form tourism. There have also been giant leaps with road and transport infrastructure. President Laura Chinchilla, which took over from President Oscar Arias reign is continuing with the path of well-managed growth.

The New highway 27 from San Jose to Calderas in the Central Pacific coast has dramatically cut the driving time from the capital to the Pacific coast putting the destinations of Jaco and Manuel Antonio in easy reach of San Jose. The Newly paved coast road from Quepos to Dominical that was completed in 2010 has made the once bumpy and dusty journey to Dominical into a comfortable scenic drive and helps easier and faster access to the Southern Pacific areas.

The Osa Peninsular on the Southern Pacific coast of Costa Rica has been one of the countries most remote areas but now that is changing with the dirt track now paved to Puerto Jimenez. Gone are the dusty days of the dry season were the cars kicked up dust and the villages were cut off due to heavy rains in the green season.

There is also a proposal for an international airport in the area of Sierpe, the gateway to the famous Drakes Bay. But before any construction starts a study on environmental impact will be carried out, there are new guidelines that are designed to maintain small-scale sustainable development that will offer quality and not quantity.

This well managed and continued expansion and development has added quality of life to the residents, visitors and tourists. As growth continues this enhances desirability and the value to the real estate investment.

Now is the time to get into the real estate market place and take advantage of the investment opportunities available.

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Kitesurfing in Europe

Posted on September 4, 2010 by admin

Kitesurfing is a fast growing sport. Beaches that used to be full of windsurfers have now been replaced by beaches full of kite surfers. Many windsurfers have switched to kitesurfing because of the extra tricks the sport allows and ease of moving the equipment around. Keen windsurfers need a whole van full of sails and boards to make the most of a given days conditions. A kitesurfer will need one small wakeboard sized board a couple of kites which pack down to hand luggage sized bags and a harness. All of this will easily fit into an average sized car boot.

Kitesurfers can go out in winds as low as 14 knots and make it out over large waves. Huge jumps of over ten metres in the air are possible plus many other maneouvres. There is also a surf style of kite surfing where the board is a shrunk down surf board with (or without) foot straps. Usually people take a smaller sized kite and do amazing surf moves on the wave. Once the wave is over there is no need to paddle back out, you just let the kite do the work and wait for the next set of waves to surf back in again. When going back out if the wave is too big you just make an easy jump over it.

Kitesurf equipment

To kitesurf you will need a special kite surf kite, kite lines, a board and a harness. Along with this you will need a pump and maybe a wet suit. Modern kitesurf kites have the leading edge and the struts reinforced to give the kite extra rigidity in the air. This also allows the kite to float if it lands in the sea. To set up you need to first pump up the kite, then connect the lines. That is about it. Normally it will take around ten minutes to set up your equipment and be ready to go kite surfing.

How kitesurfing works

The basic principles are simple. A big kite catches the power of the wind. This kite is attached to you via your harness. You stand on the kiteboard and kite pulls you over the surface of the sea. Those are the basics but if you want to go up wind a pull some big jumps or other tricks then it gets a little more complicated.

The kite size is around 10 metres squared for a person of average weight in a 20 km/h wind. Now if you fly a kite this big through the most powerful part of the wind there will be too much power. This is because the kite is designed to pull you when it is over to the left and right hand sides of its travel. Normally about a 70 degree angle to the left of right of the wind if the wind is coming straight at your back. So now if you are just pulled in a straight line in the direction of your kite you will be going do wind but only a little. To actually go up wind you will need to use your kite board like a dagger board on a yacht. To do this you just lean back on the board in the way it was designed to be used. By moving your weight further towards the rear you will go further upwind. If you over do this you will stop though. So there is a balance to be achieved for speed and how far upwind you want to tack.

To make life easier kite surf kites have a few clever functions. The inflatable struts and leading edge allow the kite to fly faster and more into wind. Another major design issue is that the kites are controlled by four lines. Two lines come from the front and are connected to your harness. The rear two lines are connected to the control bar. The bar allows the kite to be steered, pulling on the left side of the bar turns the kite left and vice versa. The really clever bit is achieved by pulling the bar towards you or away from you, towards you slows the kite down and gives it more power, away can decrease the power in the kite almost to zero. This kite power reduction system has made the entire sport much safer, if you are losing control or being overpowered just let go and all will be well.

Kite surf destinations in Europe

The basic conditions for kite surfing are a beach with a cross onshore wind. If the weather is warm, the surroundings beautiful and the wind dependable so much the better. If you like kitesurfing with waves then a beach facing a large ocean with a steep continental shelf will bring in more waves. If you live in Europe then the Canary Islands are one of the best bets. For kite surfers that like waves then one beach stands head and shoulders above the rest, this place is called Famara beach in Lanzarote. In summer the trade winds start to blow, these bring a reliable cross onshore wind to kitesurf in Famara. The wind tied in with a warm climate and waves makes this a great destinations for both experienced and new kite surf enthusiasts. The beach is over five kilometers long. Behind the beach as some very impressive cliffs rising up over 600 metres above the cliffs. In winter time many hang glider and paraglider pilots make the journey to Lanzarote to fly along these amazing cliffs all the way from Teguise to the northern tip of the island.

Rental accommodation in Famara

When you get to Famara for your kite surf holiday you will need to find somewhere to stay. In the area you have to main options. The cheaper option of an apartment for rent in Famara, this is in the actual town where all the shops and restaurants are. The other option is to rent a Famara bungalow to rent. The Famara bungalows are about one kilometer outside of the town and are set on the side of a shallow hill in front of the cliffs. They all have amazing views of the beach and face west so sunsets can be an impressive time of day. The bungalows are all a semi circular shape with full glass fronts and large terraces. If you can afford it they are definitely the option to go for.

Kite surf courses in Famara

If you are new to kite surfing or want to improve your technique then there is always the option of going on a kitesurf course in Famara. There are a good selection of kitesurf shops in Famara town that have all the equipment and know how to teach you all you need. Most of the shops have lessons designed to suit everybody’s ability level. The very best way to get into kite surfing is by being taught. The sport is very safe when all the safety aspects are explained but conversely could be very dangerous. The kites can pull with a lot of power so correct handling and understanding is important. On the whole kitesurfing is known to be a lot easier to learn than windsurfing with a much faster learning curve.

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Famara beach and sports

Posted on August 29, 2010 by admin

Famara beach and town is located on the West coast of the Canary Island of Lanzarote. For many Famara has a magical rugged quality. The town is very relaxed, easy going and located right on the beach. The beach stretches off in a northerly direction from the town and curves into the distance. Just to add the the ruggedness and drama the beach has an awesome 600 metre vertical cliff running behind the beach which finishes at the very North of the island.

Famara beach is perhaps best known for its great kitesurfing and surfing conditions.

Kitesurfing in Famara

During the summer months the trade winds start. These winds blow across Lanzarote in a Northerly direction. On Famara beach the trade winds blow in a cross on shore direction which is perfect for kitesurfer. The average wind speed is around 25 kilometers per hour, this is normally good for a 10 meter sized kite.

The five kilometer long beach has plenty of room for both experienced kiters and those learning the sport.

Many people come on holiday in Famara and see kitesurfing for the first time. A sport where large kites pull people across the sea on boards very similar to wake boards. The power of these kites can also pull the kiter high into the air or allow them to change directions quickly and surf the waves. To newcomers kitesurfing can be a very impressive sport and attract them to get involved.

The advanced kites used in kitesurfing are controlled via four lines. The four line assembly allows the kites to not only be turned left and right but also by pushing the control bar out the power in the kite is reduced, pulling increases the power. This extra level of control makes the sport far safer especially in gusty conditions. If the bar is allowed to go all the way out almost all the wind power is lost from the kite and its pulling power is reduced to nothing.

Visitors to Famara looking to learn how to kitesurf can do so by visiting the surf and kitesurf school in Lanzarote.

The kitesurf lessons are designed for all levels of kitesurfer. Zoo Park surf and kitesurf shop in Famara will supply all of the equipment and instruction you need to get you going. Modern instruction techniques make the sport very easy and safe to learn. Your instructor can stay in continuous contact with the student via waterproof walkie talkies, giving tips all the while.

Surfing in Famara

Famara is a Westerly facing sand bottomed beach picking up waves from storms originating far out to sea almost anywhere in the Atlantic Ocean. Waves break on the beach almost every day of the year. Winter has bigger storms out to sea and therefore larger waves hit the Lanzarote coast and Famara beach. Winter also has lighter winds which makes for a better shaped wave and the wave will peel more evenly allowing for longer rides.

If you would like some surf lessons in Famara then Zoo Park can offer you this service. They also have a surf board hire service from as little as 9 euros per day.

Famara beach and sports

Famara beach is probably best suited to the sports of kitesurfing and surfing due to the prevailing summer winds for kitesurfing and the winter swells for surfing. Newcomers to either of these sports can find lessons and courses to suit all levels. All the equipment comes with these courses with full and expert instruction.

Other sports that are popular in and around Famara are body boarding, hang gliding, paragliding, mountain biking, cycling, running, walking, and more.

If you are looking for a relaxed atmosphere and great year around dependably warm climate then Famara is a destination well worth considering. If still keeps its own identity as tourism is not overpowering. There is plenty of well priced accommodation in Famara plus a good selection of bars and restaurants.

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Investment return from Costa Rican real estate

Posted on August 23, 2010 by admin

Costa Rica is a popular country to buy real estate it is easy to see the reason for this is as it is a country that has so much to offer. Year round good weather and is one of the most travelled to vacation destinations for North Americans and Canadians and evermore popular with Europeans.

Costa Rica is a small country roughly half the size of the American state of West Virginia yet within this area of 19730 square miles Costa Rica has some of the most the diverse and dramatic topography one can find with ideal locations to buy real estate. There is a climate for everyone that varies from the cool mountains ranges, mild central valleys to the tropical climates on both the Caribbean and Pacific coastlines with numerous unspoilt beaches.

There are several areas for investment in real estate. Residential, tourism and commercial.

Over the recent years foreigners from many countries have chosen to relocate and buy real estate for varying reasons, which has been made significantly easier with major new advances in communication allowing many professionals to work with international interests from the tranquil shores of Costa Rica and be able to easily keep in touch with family, retirees have also been buying real estate and choosing Costa Rica as either their part time or full time residence.

The impressive biodiversity, exotic beauty, tranquillity, friendly locals, abundance of places to visit and the plethora of activities and tours to enjoy attract tourists. This industry has resulted in adding a significantly large percentage to the Costa Rica economy. Many people have bought real estate to generate income from vacation rentals, small cabin tourist rentals projects, Spa and yoga retreats and all types of guesthouses and hotels.

International companies are aware that during the last two decades Costa Rica has widened economic ties both within it’s region and looking outward. There has been the recently signed CAFTA (Central America Free Trade Agreement), which includes the United States, Canada, Mexico, and Central America countries. The some of the favourable conditions of Costa Rica are the well-educated, bi-lingual and stable work force and the location, which is convenient for working with their Central and South American partners and gains access to one of the fastest growing global markets, South America.

Main ingredients an investor wants in real estate are, safe, secure and stable environment where the property is located. Costa Rica has political stability, good social heath care and no army.

Now is an opportune time to take advantage of a well-known investment adage and philosophy, “Buy Cheap, Sell High”. Costa Rica real estate prices are now at a level that is a favourable time to enter the market. Terms such as of motivated seller, priced to move, hot deal are being used. Presently Costa Rican real estate is a buyers market and some potentially lucrative buys are due to some seller’s economically compromised positions.

Where to put ones money is a difficult choice in these recent times of economic turbulence, which has been mainly focused in North America and Europe. Savvy investors are diversifying their portfolios and some are choosing more obvious tangible areas such as gold another is real estate. They are not only buying real estate in their home countries but abroad and Costa Rica offers a good hedge to diversify an investor portfolio in real estate.

Not to be overlooked is the Costa Rica taxation system, which is very attractive. There are no capital gains unless it is a recurring (habitual) transaction and the first $2,698 earned from a rental is exempt; the remaining income is taxed incrementally at 10% to 25%.

With all this said Costa Rica is still in its infancy in terms of development and economic growth and with the stage set with many important factors in place Costa Rica real estate offers a huge potential for return on your investment.

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Conscious Costa Rica

Posted on August 23, 2010 by admin

Conscious Costa Rica

In 2007 Costa Rica set the commendable goal to be carbon-neutral for the country’s 200th birthday in 2012. Just three years after the pledge was made Costa Rica has almost reached its goal, 90% of its electricity is derived from renewable sources using hydropower, wind and geothermal. There are plans for solar power, electric buses and trains and eventually move to bio-ethanol fuel and clean bio-diesel for cars.

Costa Rica is a world leader on green issues and more than a quarter of it’s area are protected as National Parks and biological reserves.

Due to Costa Rica’s eco-conscious policies that are comprehensive legal framework for sustainable use of biodiversity and conservation, good health care system, relatively low cost of living and becoming popular for medical tourism. Costa Rica is a favourite for retirees and second home purchasers from the USA and Canada.

Eco tourism is now a growing trend in Costa Rica one such place which this can be seen is in Manuel Antonio with an organisation with the Titi conservation alliance to protect the endangered Titi (squirrel) monkey also conservation of the surrounding area of Manuel Antonio National Park. This alliance is made up of group business owners in the tourist industry based around Manuel Antonio that realised the need to promote sustainable development that will conserve the biodiversity of Costa Rica’s Central Pacific region and therefore maintain the prosperity of their businesses. The real estate in Manuel Antonio will also get a nice boost in overseas recognition and bio responsibility.

They are working for sustainable development, habitat reforestation and environmental education.

Some eco-conscious Ticos are starting biodiesel projects using disused cooking oil that collected from sodas and restaurant fryers of nearby towns and being recycled for diesel fuel. The simple process heats the oil to a sufficient temperature to be filtered, the purified oil is then mixed with methanol and potash that reacts and produces diesel. Other by-products from this process are also possible with plans to use the glycerine for soaps and degreasers. These ecological projects are also beneficial to reducing the cooking oil from entering the waste stream.

This eco-conscious philosophy attracts like-minded people that are actively looking for reality for sale that has an ethos of sustainable residential development that works with the natural environment and vision to enhance it. The developers achieve this by low-density residential lots and houses and dwellings coded to building sizes of sustainability, innovative infrastructure methods capturing rainwater, heating water by solar power and reforesting previously deforested land.

There is now reality for sale in Costa Rica that is conceived and aimed for the buyer that is looking to buy property within such an environment. These conscious ecological initiatives and sustainable living developments attract many foreigners to Costa Rica to relocate to be part of this philosophy to buy property and invest in realty and share and enjoy these eco concepts.

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