Costa Rica Retirement is still a very viable option for many countries in the world. People are going to be very selective in their purchasing in that they now have models at home of what can be deemed opportunity properties and serve as a guide as to what they feel is a good deal in Real Estate in Costa Rica. Further, if it is owned by a Bank in the USA, they probably can make their own deal.

We have excellent Costa Rica Real Estate value here but one has to know where it is.

There are many things that combine to achieve value. A lot of buyers look to the surface and go no deeper than the price. Others are caught up in the hype that they have to be careful or you are going to loose your shirt here. Losing one’s shirt usually only happens if you take short cuts. There is too much marketing play on this based on stupid experiences of greedy people in the past.  They have stories that rival the Titanic.  In a lot of these cases they never needed to occur in the first place and usually are associated with greed, lust and not adhering to practices used in their home country.  No need to go  into detail on these cases here as I am sure you can guess the profile.

We are not living in the stone ages here anymore and if you put yourself in good hands with a good Costa Rica Real Estate firm , outline clearly your objectives and state your level of interest in real value not just price, you won’t go too far wrong.

I personally feel we are going to have to be patient and see where things are heading. Markets are dictated by the perception of the buyer, not what people build and make pretty thinking it will sell for that reason.

Admittedly, we have a lot of projects that do not have the professionals to do the proper studies before the planning. These projects could succeed in spite of themselves in the past. They are going to meet with some serious competition now and if the amenity doesn’t match up to the price, then you may see some of the claimed serious discounts in price that people have mentioned. That still doesn’t mean they will sell if they are not what the market wants.  You are probably not going to buy something that doesn’t come close to you personal and lifestyle needs.

I see projects advertised at so called discounts now that fail to meet the criteria for the Retirement buyer or even the investor. These can be dangerous endeavors. “If it looks like a duck“

Be wary of the  construction for $50 per foot if you are leaving a beautiful $400,000 home in the USA or Canada that was built for $275 per foot. Value?  I don’t think that is you.  Look to $85 in this case.

There is a lot of Costa Rica Real Estate underway  that is looking to do pre construction sales. The buyer today  is going to be conspicuously absent in the coming months unless he can see proof of completion of a project or unless the money goes to Escrow until he is satisfied.

Value is not hard to find if that is your business.

One project we are involved in is kicking off in November despite all the gloom we hear,  It is offering a nice mountain community in a great location with killer ocean views and amenities. However, it is fully funded and will only take Escrow deposits to reserve a home site and you don’t pay anymore until the water, paved streets and electricity are at your property.  That is my idea of not losing your shirt and good value.

That is what we feel comfortable with these days.