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Friday, July 24, 2009

Pacific Coast Real Estate

By Randy Berg

With a coastline which is over 1200 km. and has the Pacific Ocean lapping its shores along with the Caribbean Sea, it is little wonder that pacific coast real estate is in great demand. The beautiful beaches lined with coconut palms are a major tourist attraction and is one of the reasons for the fast development of this nation.

Pacific coast real estate excels in sales of holiday properties as people are making a beeline for Costa Rica, and this has become an industry in itself by providing extra income to owners. Tourists want affordable places to stay in when they visit and find the hotels beyond their budget often. This class of tourists gives home owners who have extra rooms to rent out, an added income which is very attractive.

Investing in pacific coast real estate in a large home becomes an income generator too, as many tourists prefer renting out rooms during their visit instead of staying at hotels. This works out cheaper and gives them a real feel of the life here. For those who have bought homes this becomes an added income.

Pacific coast real estate is much more affordable than elsewhere, and one can get a large property by paying the same amount which one would in the United States. Though there is a bar on developing too much of this island, as the government wishes its natural beauty and surroundings to be maintained, there is still sufficient construction going on to accommodate more settlers.

Builders have taken advantage of this and are providing buyers with magnificent homes which have the sea and the rain forest as a view. These homes are priced low with a result foreign buyers are interested in buying holiday homes which they could come and live in when ever they visited this place, or rent it out to tourists and make good money this way. This makes buying pacific coast real estate a profitable proposition.

The cost of living in this beautiful and peaceful nation is low, and people can maintain a high standard of living with a lesser income. Moreover many expatriates are settling here and taking to business which makes them richer and more affluent. They come here with dreams of a comfortable life and make it still better by investing in pacific coast real estate.

The standard of life is above average here and most people who live here are becoming affluent. There are a lot of European and American expatriates settling here, making investing in pacific coast real estate a good business. Apart from all this the stunning scenic beauty of Costa Rica draws a lot of people here as tourists and settlers. - 23204

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