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Costa Rica Real Estate - Costa Rica MLS Logo

Costa Rica Real Estate Foreclosures Force A Buyers Market

As the world sinks deeper in to a world economic crisis, prices for Costa Rica real estate continue to slide due in part mostly to the high volume of foreign investors in this Central American paradise.

FOR IMMEDIATE RELEASE

 
Eagles Point Estates Waterfall View
Eagles Point Estates Waterfall View
PRLog (Press Release) - May 28, 2009 -
We've all noticed that throughout the world we are increasingly seeing more and more property foreclosures occurring. With Costa Rica's abundance of foreign investment, it's no except here either.

BuyingCR, Costa Rica's number one ranked real estate bureau, is continuing to sell. How? Well, BuyingCR has the largest exclusive Costa Rica MLS system in existence and along with that, a large percentage of foreclosure or close to, properties for sale. This isn't any indication of a bad market in Costa Rica, it merely is a result of foreign invests feeling the crunch of world markets and therefore selling off their overseas investments.

Who benefits? Well isn't this obvious? The Costa Rica real estate buyers are the ones who are gripping up most of the rock bottom priced properties in anticipation for the certain rise in property values once the markets recuperate.

At BuyingCR (http://www.buyingcr.com), we are seeing an unprecedented amount of foreclosure properties coming through the doors. Some great examples of the deals to be had are shown below. Some of these properties are priced for short sales at 50% of their appraised values, making them ripe for investors looking to turn a quick profit.

- http://www.buyingcr.com/costa-rica-real-estate/listing-l ...
- http://www.buyingcr.com/costa-rica-real-estate/listing-s ...

The first listing above is from the Eagles Point Estates project in Southern Costa Rica. This development has properties on BLOWOUT right now with prices ranging from $50,000 to $75,000. All featuring spectacular ocean views and mountain surroundings. There simply is no other project in Southern Costa Rica selling properties (acreage) for comparable prices.

Another property also worth mentioning is the 2800sq/ft home with infinity pool, overlooking the Osa Peninsula while sitting on some 5 acres. This property was originally listed at $1.2 million however due to the severe need to liquidate this property, it's now available for a cool $400,000. 1.800.378.7422 for more information on this  fantastic offer!

# # #

Costa Rica real estate is what we are best at. BuyingCR is Costa Rica's premium MLS listing service and specializes in exclusive listings that no other agencies can offer. Dominical, Uvita, Jaco or San Jose we have you covered.

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Contact Email:
***@buyingcr.com Email Verified
Issued By:BuyingCR - Costa Rica Real Estate
Phone:1.800.378.7422
Fax:506.2.770.5000
City/Town:Pérez Zeledón
State/Province:san jose
Country:Costa Rica
Industry:Property, Real Estate, Travel
Tags:, , , buying costa rica real estate, ,
Last Updated:May 28, 2009
Shortcut:http://prlog.org/10245351
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