Real Estate Investment Affordable Property With Fantastic Growth Potential Posted By : Sacha Tarkovsky
06.11.2006 13:45
Here we are going to look at overseas property, that’s cheaper and has better growth potential.
Americans are buying in record numbers in this country and making up to 100% annually on their investment.
The country is Costa Rica
Why are Americans buying in record numbers?
Quite simply ocean view property here is up to 70% less than in the US and with the thirst for beach front property investors are buying in huge numbers.
What is the profit potential?
Buyers that purchased $30,000 of property in the town of Jaco 15 years ago are now worth as much as $780,000.
The Marriot Corporation who own the Los Suenos Resort, pre sold 50 condos of 2000 square feet for $250,000.
The next year Marriot sold another batch at $350,000. The next year units were sold at up to $850,000
Why are these gains likely to continue?
By: Sacha Tarkovsky
