There are only two ways to go about buying beach front property in Costa Rica. Make sure the area your looking at is a place you would like to vacation at. If you plan on making a large purchase then spend a few days in the area to see if it is the right place for you. You will get a more in depth idea if you spend more time there. You don’t want to in your “tropical dream paradise” regretting that you’ve done it.

Find a competent lawyer to represent your investment. Do not use the lawyer who is associated with the buyer. Always find your own lawyer to manage your purchase. It’s important to find one that has considerable knowledge of maritime zone law. Costa Rican maritime law is different in every Central American country and you need to know all of the details before purchasing beach front property in Costa Rica. In Costa Rica, the maritime zone is 200 meters from the average median high-low tide all year long. The first 50m is public property and the 150 meters from that line is restricted. The 150 meters stretch can not have an “original title”, but can be leased by a concession by the local municipality.

Once your sure of purchasing your property act quickly. Since property in Costa Rica is in high demand a good deal won’t last long. Land prices are on the rise, and not showing signs of slowing down any time soon. Once your sure, act. The current owner may have second thoughts and want to renegotiate or may not want to sell. Negotiate directly with the owner. There are many middle men that light be charging you too much. If an agent says you can’t speak with the owner then do not waste your time or money.

Nicaragua is trying to follow the Costa Rican model for real estate development. The political stability achieved in the past two decades along with the government support will make this a lucrative place for foreign investments. Many foreign investors turn towards Nicaragua as real estate prices are much cheaper there than in Costa Rica. For some, it is prudent to invest in Nicaragua now as cheap lands at prime locations are still available in this county at reasonably low prices. The Costa Rican phenomenon, where real estate investment growth by over fifteen times in a period of five years is expected to be repeated in Nicaragua, if the political climate remains as it is now.

The real estate prices in Panama are comparable to Costa Rica . Panama has good infrastructural facilities. American presence in the country for a long time has created infrastructure which is much closer to American style of living, thus making foreigners feel at home in this country. All the three countries, Nicaragua, Costa Rica and Panama offer beautiful bio-friendly environments at affordable prices as compared to their home lands for the foreign nationals.
Those who look for settlement in a foreign land close to their home land and those who want to invest in real estate for financial gains should give serious considerations to all the three countries. Individual properties available in all these three countries are to be evaluated on a case by case basis. This will help the investor select the property best suited for the intended purpose.

However, because of the consistent economic climate, a stable government and incredibly reliable real estate value increases, Costa Rica is your best bet for investment considerations – especially when it comes to doing development, buying pre-construction properties and purchasing or reselling lots. Costa Rica also has the most straight-forward policies in terms of land or title ownership, beachfront title ownership , property taxes and the legal process of acquiring property. Best of all – if you’re looking to purchase and then resell property at a profit, you’ll love the fact that Costa Rica has no capital gains tax whatsoever. Combine this powerful advantage with the fact that some investors are making as much as 150% to even 300% or more on resales – that’s a pretty sweet deal to say the least!