If you are thinking about investing in a rental property, but are uncertain about the current real estate conditions in North America, why not consider diversifying your property portfolio to overseas destinations? The Central American country of Costa Rica offers investors great opportunities to profit from the lucrative rental market, with Costa Rica condos for rent providing some of the best returns on properties.
Costa Rica has made headlines all over the world. Rated by the Happy Planet Index as the greenest and happiest country on the planet, Costa Rica has become the buzz word everyone is talking about. Along with its commitment to protecting the environment, this country has a solid ecotourism industry that has generated billion dollar profits. With a growing economy, solid democracy and attractive tax benefits, Costa Rica has cultivated a booming real estate market.
Properties situated along the Pacific coast of Costa Rica have become especially attractive to investors. Costa Rica condos for rent in this region are popular investments for those looking to become part of the lucrative vacation rental industry. According to renowned travel sites such as Trip Adviser, vacationers now prefer to book cost effective accommodation without sacrificing on quality. This has made vacation rentals a great choice, as many vacationers now travel in groups and would rather pay a flat fee price rather than a per person or per room rate.
With this in mind, many investors have realized the potential of Costa Rica condos for rent. Perfect for use as a vacation rental, Costa Rica condos offer a range of attractive amenities for holiday makers. With private pool, gym, expansive views of the Pacific Ocean to 24 hour security, Costa Rica condos for rent offer many facilities and services that a premium hotels offers, without the high price tag.