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Bruno, my suggestion would depend greatly on the reason you are considering about buying a condo in Costa Rica (retirement home, vacation home or as an investment for capital growth) as well as your preferences with regards to the area, the climate, the beach, available services, the surf and the distance to the nearest international airport. For condos under $200K I would recommend Tambor and Dominical. In Tambor there is a new project called Ocean Whisper by Riverside Developers that is currently selling beachfront condos starting at $175K. In Dominical there is a project called Marisol that is selling ocean view condos starting at $200K. Other areas worth considering are Nosara and Manuel Antonio, this last one being one of the most famous and popular tourism destinations in Costa Rica. No matter where you choose to purchase your condo, make sure you ask for references about the developers as there are many of them that are inexperienced. I recommend you ask Scott for references as he is very experienced.
I really liked Tao’s idea of the Green REIT or RPI’s and would be very interested to know more about this. With the increasing problems of Global Warming, the environment is going to play a major role in everything that humans do so I believe that soon there will be lots of Green Investors in the market.
Tao, another option is to purchase large tracts of land to sell oxygen to Fortune 500 companies which would not only result in a hefty yearly income for the investors but would also preserve the rainforest forever. Imagine purchasing thousands of hectares in the Amazon for this purpose!!! I know of a serious group of Costa Rican investors that are looking to purchase approximately 20,000 hectares in the Talmanca Region for this purpose.
