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Category — Costa Rica

How To Get Rental Income From My Property In Costa Rica

A lot of retired people have bought homes in Costa Rica and are living there because of the low cost of living. This is much easier than living in America as they can stretch their income a lot more and have a much better lifestyle here. However, looking at the tourists who are flocking to Costa Rica and seeing the trouble they have in finding affordable hotel accommodation, many of the retired seniors wonder how to get rental income from my property in Costa Rica while I live in it.

These are single homeowners who do not have the means as yet to buy a second home in this beautiful country. Well they can turn a few extra rooms into holiday rooms for visitors. Invest in some refurbishing of the rooms and you are ready to get started. It will not be long before you wonder how you are going to find place for the number of visitors calling in for rooms instead of how to get rental income from my property in Costa Rica.

The cost of properties in Costa Rica is just 30% of what it costs in America. Added to this America is just three hours away by air and this gives settlers from the feeling that home is not too far from their holiday home. The cost difference and the beauty of this country is what appeals to most and they wait for retirement or a change of job to be permanently in this land. For those who have bought properties here and are wondering how to get rental income from my property in Costa Rica it is these holiday makers who are the answer.

Retired people are also making a beeline for this very affordable town as they want to lead a better lifestyle with their security cheques. The only way to do this is to live in a place which is inexpensive. Well they do not have to look far as Costa Rica which is just 3 hours from the United States has all they require, reasonably priced in every way, great climate and affable locals. With all these benefits there are many people visiting this country as tourists and having a great time at a very affordable price. Retired people can take advantage of this situation and make some extra earning with their properties by renting out their homes instead of wondering “how to get rental income from my property in Costa Rica”.

With the extra money one earns from the home while you live in it and have your tenants there too, can be utilized to give you your second home. Retired folk can have a new life with lots to do instead of feeling that they have nothing left to do in a country like Costa Rica. There just has to be that thought for a split second on how to get rental income from my property in Costa Rica and it can soon become a reality.

Everything from medical aid to food stuff is much cheaper here and if your home is lying vacant for a while you need not think about how to get rental income from my property in Costa Rica. The tourist traffic is thick, with not enough holiday homes and hotels to accommodate them, so in all probability your home will not be vacant for long.

Once you have all the information and your home ready to take in visitors there is nothing to stop you from renting your property and making a good second income instead of wondering how to get rental income from my property in Costa Rica.

by Randy Berg
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July 29, 2009   No Comments

Cost Of Developing In Costa Rica For A Holiday Home

Costa Rica is one of the most popular places for real estate investment today. It has a heavy flow of tourists visiting it and most of them come back to buy permanent homes here or at least Costa Rica holiday homes which they can come back to. As the cost of property and the cost of developing in Costa Rica is very affordable people are rushing to this country for more reasons than one.

While planning on making an investment in Costa Rica and thinking about the cost of developing in Costa Rica, it is very essential to study the laws which govern property investments. Unlike in other countries a realtor does not need a special license and anyone who is interested in this trade can be one.

Beach view homes are a little more expensive than the hillside homes and a lot cheaper than the beach front homes. However, it is still a great investment as the income which can be earned through renting out these homes is good. The more you invest the higher the rent you can charge for the property. You will first have to calculate the cost of developing in Costa Rica for a beach home and then think of the returns.

Keeping a few tourists in your home need not be too expensive as the food here is also reasonable just like everything else. Do your accounts and make sure that you can get a good profit after paying for the cost of developing in Costa Rica of your holiday home cum residence.

When you think of the cost of developing in Costa Rica, the location of your property also matters. A property which is on the ocean front and facing the sea will be more costly than one which is a little away from the sea. This is the main factor for prices everywhere in the world.

Life in Costa Rica is affordable and if you are living on a security cheque you can still have a pretty good lifestyle. With a beach view home of your own you can have an added income from the rent for rooms which you rent out to tourists and holiday makers. This can be based on the cost of developing in Costa Rica and what you have spent on your holiday home. If it is luxurious and has the makings of a good hotel you can charge a higher rental for the rooms and quickly earn the money you have spent on it.

For those who have good jobs in the United States and are not on the verge of retirement as yet, this is still a good investment to make, as you can have a holiday home to come to whenever you want a break in this beautiful country. The cost of most things is very reasonable in this country and even the cost of developing in Costa Rica is an affordable one which you should take advantage of.

by Randy Berg
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July 29, 2009   No Comments

Costa Rica Vacation On A Budget: Pura Vida!

Costa Rica is a terrific travel destination and hundreds of thousands of visitors from the United States, Canada, Europe, and other countries come for its great beaches, mountains, weather, and things to do.

You do not have to spend a arm and leg to enjoy a Costa Rica vacation so long as you bring a little knowledge. There are some travel secrets which are not commonly known to tourists.

Explorers, adventurers, pirates, and brave souls have marveled about this country for centuries. Christopher Columbus discovered it in 1503. His ship dropped anchor south of what is now Limon on the country’s Caribbean coast. He was so enthralled he gave it the name, Costa Rica–the rich coast. Nearly 80 years later, English captain and explorer Sir Francis Drake landed at what is now called Drake Bay off the southern Pacific Coast of Costa Rica. If the name sounds familiar, it is because you paid attention during history class: he is famous for destroying the Spanish Armada and saving England in 1588.

However, unlike these guys, you won’t need a boatload of people to help you get around as you travel Costa Rica yourself and it won’t cost you the Crown treasure, either.

One way to experience Costa Rica on a budget is by taking a ferry boat ride. For about $1.50 (this is not a misprint), you can have a fun hour and a half cruise along the tropical waters off the central Pacific coast of Costa Rica between the port city of Puntarenas and the southern tip of the beautiful Nicoya Peninsula. Where else can you take an ocean cruise for the price of a bottle of water? Most vacationers never take this ride because they’ve never heard about it. But now you have.

Trains are fun, too. From downtown San Jose, take a four hour ride on the Tico Train to Puntarenas. You’ll see spectacular mountains and cross deep chasms on tall bridges. The train will be packed and filled with happy Costa Rican families. Be sure to bring your bathing suit because you are going to end on the beach! How much? About $16 each way. Like the ferry, most tourists don’t know about the train. For reservations (you need them) call American Travel at telephone number 22-33-33-00.

With nearly 800 miles of sunny beaches to be explored, you can surf, hike, swim (but be careful about rip tides at some places), and even fish in the ocean for free. Every Costa Rica beach is public and open to everybody. And you can get anywhere really cheaply. Simply take a bus. They are everywhere in Costa Rica. You can, for example, see the lovely Pacific town of Jaco by hopping a bus in San Jose for $5.00. Or, go almost anywhere else in the country for that matter. For the price of a Happy Meal, you can travel Costa Rica!

Finally, I have one more budgetary secret to share. There are very nice Costa Rica hostels throughout the country. Sure, most folks associate hostels with college kids crammed into a dorm but the truth is that many of the hostels in Costa Rica offer private rooms for just a little more per person than a dorm. You don’t need to spend $50-70+ per person to have a nice room. I know because I’ve stayed in private, quiet rooms at hostels for way less than the cost of hotels.

by Victor C. Krumm
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July 29, 2009   No Comments