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Fun in the Sun Awaits You in Costa Rica

When thinking about moving to another country, you should take time to consider the things that you may want to do during your time from one day to the next. Is it important for you to have a warm climate and plenty of sunshine daily? Do you want to hear, see and feel the ocean coming in to greet you every morning? Is it important to have a low crime rate and friendly neighbors?  If yes, then why not consider living in Costa Rica?

Costa Rica is known for some of the most beautiful beach front properties. With mid to high end homes that help you feel like you’re always on a vacation, you couldn’t ask for anything more. It’s easy to feel happiness when you are living the Pura Vida life in this tropical paradise.

 

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Day or Night, Life Can be An Adventure

The outdoor adventures are the best. Enjoy biking, hiking or walking some of the most beautiful nature trails. You may even spot some of the local wildlife on your way. Enjoy swimming in the crystal-clear waters, snorkeling with the bright, colorful fish or spending your days laying out on the deck of the boat. Surfing is a great pastime for those living in Costa Rica and if you’ve never done so before, now is a great time to grab some lessons as Costa Rica has some of the best waves in Central America, but with a great instructor, beginners are sure to have plenty of fun.

The rain forests are some of the most beautiful in the world, allowing you to enjoy the wildlife, smell the fresh air and take in the natural wonders of the world. Even children will have a good time spotting some of the most diverse wildlife throughout these forests. It’s also possible to hike out to see volcanoes and other sites in the wilderness. Every day can be an adventure when you live in Costa Rica.

In addition to the beautiful water front activities or things to do in the jungle, Costa Rica is also home to one of the most vibrant cultures in all Central America. Enjoy dancing and delicious food at nightclubs that have thrilling music and mixed drinks like you’ve never had them before. The people are also friendly, allowing you to kick back, relax and feel the music while you dance the night away with friends.

 

Convinced to Move to Costa Rica?

To move to Costa Rica, it is important to find shipping companies that will handle your move for you. You will want to bring some household goods, and possibly even a personal car. While most leave their cars behind, some find that it’s a good idea to have one, especially if you plan to travel away from home.

Buying a car in Costa Rica can be expensive and due to the proximity to the ocean, local cars may have some rust or damage from the salt water in the air. It’s a good idea to contact a company like A-1 Auto Transport, Inc to handle your auto transport.

Since all items must pass customs inspection, you will need to have a little paperwork for them to inspect. This paperwork includes:

  • Valid Passport
  • Declaration of Goods – Model and Serial Numbers of Appliances
  • Bill of Lading
  • Document for Insurance Coverage
  • Authorization Letter
  • Original Title and Registration
  • Original Purchase Invoice

 

It may be a good idea to take a little vacation to Costa Rica before you rush into a more permanent move. A short flight from Florida will bring you straight here and you can spend time exploring local areas, checking out the shoreline and rainforest and having a little fun. Be sure to check out the night life as well so you can see all the great entertainment the country offers. You will find plenty of options to build or buy a home here.  It’s easy to fall in love with this country. After all, this is the only place on the planet where you can live the Pura Vida life and feel like you’re on vacation every single day. Make your life feel like you’re on a permanent vacation with a move to Costa Rica.

Build or Buy Your New Home

Build or Buy Your New Home?

Finally, you’ve saved enough to get a mortgage and with a steady income, you’re ready to start have it start working for you in a property investment. The bank probably already has a pre-approved home loan budget for you and it’s time to start shopping around for your dream house in a nice neighborhood. Goodness you, there are a few variables to consider. However, the toughest decision would be whether to build or buy your new house.

If you already own a property or if this is your first time to own one, then you’ll concur with me that purchasing a real estate property can be stressful.  Not to mention now you throw in the decision between buying the home or building.  Most people dream of someday building a home that suits their specifications. It is however very crucial to consider carefully the timing of this kind of decision, as well as a number of other factors.

Here are a few things to consider before choosing to buy or build a new home. Take time and see the best option to get you your dream home.

Consider the timing:

Timing is everything.  I personally know that building a home will take time.  Many builders will promise you that your house will be complete and move in ready in 6 months.  With very few exceptions, that will not be the case.  They will promise this to get your business, but unless you are building a smaller 1,500 sq ft home, then don’t bank on it.

If you are building a standard size, 2,500 square foot home, then you can expect your construction project to take between 7-9 months including the purchase of the property, approval of loans, and construction including inspections.

So, if you plan to move in less time, then I would highly recommend you looking into existing real estate to make your purchase.

 

 

Have you looked at what is available now?:

Many times people jump right into trying to build a home and skip over the existing real estate market assuming that there are no houses currently standing that might fit their needs.  Unless you are looking for a particular location, or need acreage, I recommend you take a look.  Sometimes you may be surprised at what you find, and the price you may find it for.

There will always be great gems on the market that might very well into your budget.  Additionally, you may be able to pick up a property, and if it is not perfect, you could always buy it correctly and with some earned equity in the purchase, fund an upgrade project to make your house exactly what you want it to be.  And in this case you don’t have to wait 9 months to make it happen.

Other Considerations:

Some other things to think about before you commit to one or the other is utilities.  Before you purchase a piece of property and think about building on it; make sure that your utilities are all cleared.  If you are purchasing in a subdivision where all of the engineering has been completed, then definitely not an issue  But if you are thinking about something a little more remote, be sure to have these looked at by experts and understand exactly what you are getting into.

Another topic to ensure you cover is while building a home, you still have to pay for your current residence.  So you have to pay for your rental amount plus the loan to fund the construction.  Now, many banks do offer something called a “bridge loan”, which I highly recommend you consider.  That allows your contractor to pull out only the funds he needs as he is building, and you only make payments on the amount he pulls out. So you are not required to start making payments on the full construction loan amount.  This makes it much more plausible for people to build.

About the Author

Patrick Rogers operates Asurent Property Management located in Ashland, Oregon.  To find out more about Asurent’s services, you can learn more by visiting here: Asurent Property Management