Costa Rica Real Estate – This is part of our series on buying real estate in Costa Rica. We hope to provide information needed to make an informed decision about purchasing land, condos, houses or commercial property in Costa Rica. If you want more information about this property or buying real estate in general you can request the free e-book, “Secrets of Buying Real Estate in Costa Rica”
A lot of people dream of owning a beachfront property. It could be because they feel spiritually connected to the ocean, or they enjoy the soothing sound of the waves while reading books or while lost in their thoughts, or it could be because they enjoy different water sports like swimming, kayaking , snorkeling, surfing and so on. But no matter what the reason is, people from different walks of life want to have a house by the sea as this is perceived as a great achievement in life.
Because of the high demand for beachfront properties it is to be expected that the price associated with buying one is extremely exorbitant compared to buying properties that are farther away from the ocean. It is the same in Costa Rica since it became world renowned in delivering an authentic pleasant beach lifestyle that is why it is best that you know your alternative – owning a near-beach home. Although there are numerous advantages and disadvantages of owning a beachfront home or a near-beach property it all boils down to what you really want that works with your budget.
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Having a house by the beach comes with many perks; wake up with the sound of soft waves crashing onto the shore, watch the sun rise and profusion of colors in the horizon, enjoy the ocean view all throughout the day, enjoy water activities any time of the day whenever you feel like it, watch the sunset and wait for the moon and zillion stars grace the night skies, and so much more.
On the other hand, owning a beach home means that it is subject to public domain and maritime laws, meaning you do not have the right to bar anyone from using the beach that your property borders and that you may find yourself restricted to develop the property to how you envisioned it because of maritime laws enforced by municipal laws.
Of course let us not forget the major factor that you need to consider when buying a beachfront home – the price. A 1,250 m² beachfront lot costs around $150,000 or $120 per m².
A practical and smart alternative to purchasing beachfront property is to buy a near-beach home. Opposed to spending a lot of money on a beach house, buying a 5000 m² near-beach lot would only cost you around $70,000 or $14 per m² which is less than half of what you have to spend if you buy a beachfront home.
What do you get from a near-beach home? A lot! Since this type of property offers a wider range of access, you get to enjoy activities like mountain hiking and bike trails, enjoy private bio-reserves, verdant forest and picturesque sceneries, and still get to enjoy beach activities if you are willing to drive for a few minutes to get to the nearby beach. What’s more, you can save on electric bills since these properties are usually elevated and have lower humidity. Furthermore, near-beach properties usually have river frontage with clean, fresh water you can enjoy. To top it all off, near-beach properties offer more privacy than beachfront properties and you get to develop your land the way you want it.
If you are planning on buying a property in Costa Rica, you may want to consider purchasing in the Central Pacific where new beach country clubs are currently being developed. You can
purchase membership from these clubs and get to enjoy the amenities and services they have to offer without the expensive price tag that usually comes with luxury.
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Property Ownership
Types Is the Property Really for Sale?
What is the Maritime Zone?
Myths About Squatters
Construction, Architects & Engineers
Purchasing Under a Corporation
Financing
And so much more……..
