
Another year has come to an end and I don’t know about you, but short of 2001, I can’t remember a more tumultuous 365 days than 2008. No need to rehash the gory details. If you don’t mind I’d like to think positive thoughts and start the New Year on a high note.
I know it’s hard to believe, but there are plenty of good things to look forward to in the New Year, especially on the investment front, provided you know where to look. I know what you’re thinking.
Optimism?
Investment?
In this economy?
Yes, even in this economy.
If you have money to invest, you can’t just leave it lying around collecting dust, earning paltry returns off the interest of savings accounts just because we’re “officially” in a recession. Getting the most from your hard earned money means making smart
investments--whether you’re a new investor just starting out or a seasoned investor with an impressive portfolio and the requisite millions stashed away in some tropical offshore account. And even in times like these, the key to making smart long term investments is a matter of recognizing great opportunities and seizing them. Especially investments offering savvy investors a low cost of living, excellent, inexpensive healthcare and a safe, secure place to live and call home.
Such opportunities still exist in a truly magical place that serves as a haven for weary, over stressed vacationers, paradise found for surfers looking to stave off hibernation during the winter months in water that stays warm all year long and the ideal addition to any portfolio for those seeking sound, long term financial gains.
In fact, savvy investors have been flocking to this wondrous locale for decades now.
Of course I could only be talking about Costa Rica--and to be more precise, the Limon region. Located on the Southern Caribbean cost, Puerto Limon has become Costa Rica’s premiere port town in recent years.
Stretching for some 125 miles between the borders of Panama and Nicaragua, this breathtakingly beautiful province was discovered by Christopher Columbus in 1502.
Frankly, investing anywhere in Costa Rica is great idea, but I’m especially excited about Puerto Viejo. What makes Limon in particular so special? There’s a new development taking shape here called the Los Cielos Estates that is just too good to pass up. Located just 40 minutes south of Puerto Limon, just outside Puerto Viejo, the Los Cielos Estates development is beautifully designed, well thought out, ground has been broken and construction is well under way.
This exclusive, private, gated community boasts scenic woods and sprawling creeks, surrounded by stunning views of majestic mountains. A private pathway leads from the property to a secluded private beach just a few hundred yards away. Los Cielos offers private horse stables on the property, so you can saddle up and explore it to your heart’s content. And with hundreds of species of birds, sloths, monkeys, reptiles and countless additional exotic species right outside your door, there’s plenty to see. Lot sizes start at one and a half acres, so no matter how much property you buy, you’ll have plenty of room to stretch out. Stewart Title Insurance guarantees a clean property title. And when you're ready to make your dreams of owning a home in Costa Rica a reality, Los Cielos Estates is ready and willing to help with all of the details. They’ll even assist you with selecting a builder, work with you on the design, and provide construction oversight if you need it.
For added convenience, Los Cielos works with a California based architectural company that offers several tropical home plans to choose from.
The best part?
It costs a lot less than you think to gain a foothold in this Costa Rican dream. Amazingly, prices at Los Cielos Estates start at only $50,000. I don’t have to tell you, that prices like that are unheard of these days in Costa Rica. Obviously, such low prices are due to the “early bird” nature of the market on the Caribbean side of the country. (And you know what they say about the early bird.)
A word to the wise: You can expect to pay four times that amount for similar properties on the Pacific side. So, it goes without saying that at Los Cielos, time is of the essence. Interest is running high as the word gets out and more and more investors are discovering the incredible values on this side of Costa Rica.
John Wessman and his wife Joanna recently purchased property in Los Cielos and they couldn’t be happier. “My love and I have for many years said we where going to buy a piece of paradise in Hawaii, well we let too much time get by and got priced out of Hawaii. But when we felt Los Cielos we knew one of the reasons why we waited, it is pure, and it is the real PEACE in PARADISE. You know it is the place when you have that cold Imperial Beer, with your feet in the sand, listening and feeling the peace that the ocean brings in paradise. That is Pura Vida!!”
So, long story short, if you’re considering moving here or investing in Costa Rica, this is a must see project. Truth be told, the only thing I enjoy waking up to more than the sounds of all the many exotic birds and the ocean right outside my door, is waking up to the realization that investing in land in Costa Rica was one of the best decisions I ever made. Who says you can’t mix business with pleasure?