Archive for category Buying

Why It’s Wise to Invest In Manuel Antonio Real Estate

Manuel Antonio being the most visited place in Costa Rica is also a sound investment location for international investors. Many people from across the globe, particularly from the United States, invest in Manuel Antonio real estate. This raises a question, why so many people are interested in realty in the locale or anywhere in Costa Rica. Why Costa Rica real estate is so popular? We will examine these questions in the paragraphs below.

Why Manuel Antonio real estate is so hot

The growing demand for investment in Costa Rica homes has pushed the property price in the country upward, particularly in Manuel Antonio which is the most sought-after tourist destination in the country.

The reason behind such a mercuric rise of realty in Costa Rican cities could be traced in the political stability of the country. Costa Rica is a representative democratic country with the president as the head of state. The republic has three other branches – executive, legislative, and judiciary – which ensures that law and order in the country remain top-notch and quality of civilian right is not compromised.

Safest place to invest in

Since 1948 when the country has demolished its army, after winning the civil war, the country has not witnessed any agitation in the land. This gives hope to investors. Another thing that makes them more hopeful is the 2009 report of The Economist.

In a report titled, “Manning the Barricades”, The Economist had made a detailed forecast of the world crisis and how it will affect the stability of a political system in the country. In the report which was released in March 2009, the weekly newspaper has provided a study on per-country basis. It ranked each of them, from high to low, for vulnerability of political stability. In the study, Costa Rica was ranked as one of the safest country in the world. Out of 165 countries, only 5 countries fared better than the Latin American country.

Invest in Manuel Antonio real estate

The rising Manuel Antonio real estate price can be attributed to the combination of scenic locale, beautiful beaches, green forest and political stability, proximity to the United States and acceptance of the US dollar as a legal tender.

Talking of attractive destinations let me introduce you to the Manuel Antonio National Park which pulls thousands and thousands of visitors every year to this small Costa Rican corner.

Parque Nacional Manuel Antonio or Manuel Antonio National Park is the most visited place in the Latin American country. Last year, as many as 143,520 visitors came here to see the wonder of nature and plunge into the deep water of Pacific Ocean, on the coast of which it is located.

Although it is the smallest of Rican national parks, it is the most visited one. The national park was established in 1972 over 4,014 acres of lands, which before that year was an unprotected natural habitat. The national park has 109 species of mammals and 184 types of birds. The biodiversity of the region is unmatched in the country.

There are four beautiful beaches in the park, namely Manuel Antonio, Playita, Teldoro, and Espadilla Sur. These are white sand beaches with attractive sand berms. They give texture and curvature to the beaches.

Conclusion

Investing in a place like this offers a guaranteed return on investment. The beauty and crowd-pulling ability of Manuel Antonio makes it a destination which will give high return at lesser risk. Political stability and proximity to the United States will guarantee a risk-free high return. Keeping all these factors in mind, isn’t it safe to say that investing in Manuel Antonio real estate is a wise decision?

Charles Welkinson reviews Costa Rica Real Estate and vacation homes for sale in the country. To learn more about properties in the Central American country, visit Costa Rica Homes

By Charles Welkinson

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How to Get on The Property Ladder

There are many people who struggle at buying houses nowadays as a lot of people are rejected when putting an offer in to buy a house. A lot of these problems appear when negative factors are met. These include high house prices, rising interest rates and the general lack of affordability. Those factors have seriously hindered many of those looking to get onto the property ladder.

Even though these factors constantly arise and cause problems when looking to buy a house, they can be tackled or dodged by following a few small simple steps. These steps are:

Start Small – As property prices in the UK are high it is very advisable to look for a small and affordable property initially so the price is lower and then when you are a financially better off you can move to a larger property. Due to house prices constantly rising it may work out much more efficient to buy a smaller house and then a larger house, even though this may sound like it would cost more in the long run, if time is a problem for you then it is definitely more advisable. It will also be easier to hop onto the property ladder this way as well.

Look around for Deals – When it comes to purchasing a property there are a number of additional costs involved. These small costs can really bump up the cost of purchasing a home. These small costs can include up to a 20% deposit and legal fees which can add a small sum, overall increasing the price. However, there are some developers that will offer a move in fee of under £100 and will pay the 5% deposit and the legal fees on the purchase. This can overall save a lot of money for first time buyers.

Shared Ownership – Many people find an easy way onto the property ladder by taking out the largest mortgage they can to cover most of the property purchase. The other part of the housing price is paid off by renting it from the housing association. This does mean you will be paying more money over time, but it is a very efficient way onto the proper ladder.

Waiting it out – Due to the rise of interest rates and house prices, house buyers have found it very hard to purchase a home within recent years. However, with predictions that both interest rates and house prices are going to drop soon, it could be worth your time and money to simply wait it out until you can jump onto the property ladder a lot easier.

Shared mortgages – This is a new concept within the mortgage scene for first time buyers, which enables buyers to club together with their friends or family in order to purchase a property. This can naturally increase affordability and the chances of getting a mortgage, as all the incomes will be taken into account rather than focusing on one member of the group, giving the credit rating a better chance of being higher!

If you need help with getting on the property ladder then contact Cheshire Estate Agents. This highly reputable property company can guide and assist you throughout the whole process and answer any questions that you may have.

By Andrew Roberts

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