Malynda Williams is a real estate tycoon in the making. She

Tycoon in the making

Malynda Williams didn't set out to be a real estate tycoon. But the 50-something has managed to acquire four properties over the past three years, and she's looking for more. Read more…

Real Estate Investment Affordable Property With Fantastic Growth Potential Posted By : Sacha Tarkovsky

06.11.2006 13:45

Everyone knows that you can build wealth in real estate but much of the property in North America and Europe is expensive and doesn’t offer huge growth potential.

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

Article source

Add comment  Add comment

Name: 
E-Mail: 
Comment: 
Captcha
Enter code: 


Google

Last added

Navigation

Visit Also

Meta