Real Estate News Blog February Archive

Securing tourism in Costa Rica

By Art C Ryter at 02/12/07 19:34

Immigration and crime have been increasing as of late in Costa Rica. The Costa Rican government is taking steps, including training and employing special Tourism Police to maintain stability and ensure safety of vacationers. Some long time residents, such as Mr. Williams, comment on how the rise in land values and standard of living seem to go hand in hand with more petty crime and, increasingly, drug dealing.

Original source: Spero News. Securing tourism in Costa Rica

Costa Rica Favors Foreign Investment

Paints Costa Rica as a place free from the troubles of American life such as the threat of terrorism, government meddling, and high costs of living. The article gives suggestions as to how to own land in Costa Rica and other benefits such as low taxation and the Costa Rican government’s favorable attitude towards foreign investment.

Original source: Best Syndication - Press Release. Costa Rica Favors Foreign Investment

How to Get Wall Street to Hug a Tree

Environmentalists are increasingly valuing the “green” aspects of real estate. Coffee farmers in Costa Rica, for example, benefit to the tune of $60000 annually due to the bees that live in a nearby forest which pollinate the trees. Economists and environmentalists are working on ways to create markets to help protect the environment in the long run. The Costa Rican government, for example is paying farmers to leave some land undeveloped.

Original source: The Los Angeles Times. [404 Check: was link to http:/ / www. latimes. com/ features/ magazine/ west/ la -tm -greenies06feb11,0,7457674. story?coll=la -home -magazine, anchor: How to Get Wall Street to Hug a Tree]

Surf’s Upscale as Sport Reverses Beach Bum Image

The rise in popularity and acceptance of surfing is leading to more crowded beaches in the U.S. Surf schools, such as Surf Diva, organize trips to great surf hot spots such as Costa Rica, Nicaragua, and Indonesia. Costa Rica tends to be a popular surf vacation location due to its easy accessibility from both the East and West coast.

Original source: The New York Times. Surf s Upscale as Sport Reverses Beach Bum Image

Jumeirah CEO: Bermuda is an ideal fit for us

Provides answers from Gerald Lawless about how Bermuda is the choice for Jumeirah’s 37-acre development. The company plans to offer fractional ownership to its property in development enabling Americans on the Atlantic seaboard a luxury getaway in little over two hours.

Original source: The Royal Gazette. [404 Check: was link to http:/ / www. theroyalgazette. com/ apps/ pbcs. dll/ article?AID=/ 20070209/ BUSINESS/ 102090159, anchor: Bermuda is an ideal fit for us]

Casa Angel, Estate of the Day

This site has pictures of a beautiful estate on the Baja Peninsula in Mexico. Casa Angel is located in Cabo San Lucas on the Sea of Cortez in Mexico. If your looking for luxury living in a foreign paradise, this estate in Mexico is worth looking at if only for comparison.

Original source: Luxist.com. Casa Angel, Estate of the Day

Area developers look south, Way south — Caribbean, Central Ame

Builders in South Florida are looking to realize financial success on real estate development in Costa Rica and other Central American countries lured by low land and labor costs. The Jack Parker Corp., for instance, plans to build an entire community on 175 acres in Costa Rica with the first phase finishing in March 2007. Costa Rica, other Central American and Caribbean nations are proving to be motivated to increase tourism and real estate investment dollars.

Original source: News-Press.com. [404 Check: was link to http:/ / www. news -press. com/ apps/ pbcs. dll/ article?AID=/ 20070209/ NEWS01/ 702090399/ 1075, anchor: Area developers look south, Way south — Caribbean, Central America]

China Property Boom to Continue

Chinese real estate values will continue to grow at an annual rate of 20% in second and third-tier cities as investors seek higher returns.

Original source: The Standard – Hong Kong. China Property Boom to Continue

Malaysian real estate beckons to foreigners

There is a lot of room for growth values in Malaysian real estate due to the low cost of entry. Residences in prime locations cost between a one-sixth to one-tenth as compared to other Asian markets like Singapore and Hong Kong. Increased sales might need further relaxation of government regulations on development.

Original source: Business Times. [404 Check: was link to http:/ / www. btimes. com. my/ Current_ News/ BT/ Monday/ Column/ BT604278. txt/ Article, anchor: Malaysian real estate beckons to foreigners]

Home prices to keep sliding, economists say

Economists forecast decline in home prices in Palm Beach and Treasure Coast areas of South Florida due to over build and slowing market through the end of 2007. Prices may level off by year’s end due to continued interest from foreigners, such as Europeans and rich Latin Americans. I suggest perhaps look into the international real estate market for investment opportunities.

Original source: Palm Beach Post. [404 Check: was link to http:/ / www. palmbeachpost. com/ business/ content/ business/ epaper/ 2007/ 02/ 08/ m1a_ HOUSING_ 0208. html, anchor: Home prices to keep sliding, economists say]