Many foreigners fall in love with Costa Rica during their vacation in the country, and buying a vacation home soon becomes a family goal; however, unless you are the impulsive buyer type that makes a decision at the spur of the moment, there are many aspects that should be considered before buying a vacation home in Costa Rica.
The majority of the people looking to buy a vacation home in Costa Rica are considering the Gold Coast of Guanacaste, and that’s why there are many developments in this area, some of them have a ridiculous price tag, while others actually give you your money’s worth.
Here are some tips on how to get the vacation home you want at an affordable price in Costa Rica:
1) Get familiar with the area: The Gold Coast of Guanacaste is the preferred destination for tourists in Costa Rica, it is also home to a large expat community, this obeys to a number of reasons, from weather of course, to the beautiful beaches and rich nature, to the fact that you have all necessary services and amenities relatively close-by and security is not a problem. If you have vacationed in Guanacaste recently it is important that you consider exploring the entire gold coast before making the decision on which area you like best. Flamingo, Tamarindo, Nosara … many options, but exploring them all is actually fun.
2) Think about what you want/need: Before you go out house hunting on your own, take a few minutes to think about what you and your family need/want, the number of rooms, the size of the kitchen, if you prefer a gated community, if you rather be close or far from town, it is best to make a list on all the “must haves” and the “deal breakers”, sometimes while you are looking at a house you might not consider certain aspects that you later regret, so take our advice and make that list. It is also important that you think about this as an investment and not just your vacation home, consider the possibility of deriving rental income from it, by doing this you will be sure to add or eliminate some things from the list.
3) Establish your budget, your ideal and realistic budget and your manageable but still realistic budget.
4) When you go out looking at houses consider the new tendencies of the market, do some research regarding the most common problems that houses in the area have. Guanacaste experiences high temperatures, a house near the coast always needs to be built with quality materials that will adapt to the climate conditions.
5) Settle for an experienced developer that delivers quality and uses the latest construction technology and building materials available. “Smart” and ecofriendly homes homes will save you a ton of money in the long run, and are a great and responsible investment.
There are many new developments in the gold coast of Guanacaste, one of the most highly recommended alternatives is Bellazo by Kalia Eco-Living, located in the area of Nosara, famous for having one of the biggest and best organized expat communities, who have wisely chosen this location because simply put, it is amazing. The lots and houses in this development are actually quite affordable, especially considering we are talking eco-friendly, modern homes; financing is available and they will even help you manage your property so that you can rent it out whenever you want to generate an income from it.
Having a vacation home in Costa Rica is always a great idea, so do your homework, evaluate your options, and take our advice, check out the Bellazo project, ocean views and eco-friendly homes in Costa Rica have never been more impressive, both in design and price.