Of course the world economic crisis has effected most countries, however here in Costa Rica what appears to be happening is many foreigners who invested before the crisis are now experiencing a financial crunch in their home countries. Usually the first place people look towards when trying to go liquid is their foreign investments. What this does is create a prime opportunity for cash buyers to move in and pick up some great bargains on real estate in Costa Rica.
Where's the opportunity if the market continues to slide? First off you will have to realize that the market here in Costa Rica real estate is not 'sliding' per se. The market conditions here are considered very stable and the opportunities being presented are more so because of market conditions in other countries which forces foreign investors to liquidate their investments in foreign countries in order to save their localized portfolio.
At this moment BuyingCR (http://www.buyingcr.com) has a few listings that fall in to the category of BUY NOW. These listings are perfect examples of vendors who are in a difficult position whereas they have given BuyingCR the green light to sell now at any cost. Some are priced at 35-45% below market value in order to entice potential buyers.
http://www.buyingcr.com/
BuyingCR would also like to take a moment to mention that we have a large database of Costa Rica vacation rentals along with a large selection of properties for rent in the Dominical, Costa Rica area near the beach.
http://www.buyingcr.com/
