What People Are Buying In Costa Rica

Who needs a pool when you have a river?

It’s one of the most popular questions we, the Guys In The Zone, field— “What’s been selling? We get this question from both buyers and sellers. Generally speaking, the answer is— great deals.

PRICE

Price is the #1 determining factor for a great deal, but there is another factor that is equally important— the living experience. Ben, my business partner in Costa Rica real estate, phrases it this way, “do any unique features of the property significantly affect the quality of the living experience?”

Who needs a pool when you have a river?
This gorgeous natural swimming hole sits below one of the nicer homes in Uvita.

There are very few remaining places on the planet where things are (1) inexpensive and (2) incredible.  During the boom years of 2004-2008, Costa Rica real estate was inexpensive and incredible.  Large farms were purchased $1.00/meter squared and nice ocean view lots were under $100,000.

Three years after the peak of 2008, property values across the border came down between 40-50%.  Many houses are now selling for replacement cost or less.  Once again, we have large farms for $1.00/m2.  The obvious reason was the global economic downturn and continual 10:1 ratio of sellers to buyers.  Basic economics tells us that price, or in this case property value, had to come down.  Our listing database is now filled with good properties in every category—houses, land, large parcels and commercial.

THE LIVING EXPERIENCE

For most people, buying real estate in Costa Rica isn’t just about getting a great deal.  You can move to Orlando, Florida if that is your only goal.  It is about the unique features that significantly enrich the living experience.  When Ben and I get a new land or house listing that has an ocean view and a trail to a nearby river…

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Why Canadians LOVE Costa Rica!

A few years ago, when I moved down to Costa Rica full time, I realized there are a lot of Canadians visiting (102,471 in 2009*) and living the area. One of the main reason Canadians (virtually all nationalities for that matter) visit, buy land, and in some cases, relocate to Costa Rica is

Tour Costa Rica, Buy Southern Zone

Costa Rica is attractive as a vacation spot, for retirement and investment, especially in this “buyer’s market.” In particular, the Southern Pacific Zone (and I’m talking about the area south from Quepos to Palmar) has a number a factors that set it apart from the rest of Costa Rica…

New Theory Explains Why We Find Costa Rica So Darn Pleasant

Lone woman on a beach thinking

or – How Media Saturation Robs Us Of Our Joy
or – an Original Thought is a good thing

We humans find ourselves intriguing, in fact – fascinating. Theories explaining the experience of being human abound .

One theory that I heard as a young man has stuck with me through the years. This theory now finds a rather interesting application in my life of living as an expat here in Costa Rica. I see the possible truth to this theory as I observe what I have come to know as “4th Day Original Thought Syndrome” or “4DOTS” in Costa Rica. Based on this thing that happens on day #4, many decide that they would like to either make Costa Rica Home, or to at least make it a big part of their life.

Observation:

4DOTS is simple – it’s really nothing more than relaxation. But I need to do a footnote definition here of what I mean by relaxation. It’s more than just having our neck muscles relax and our shoulders lower down by a couple inches, (which they do on day 4). 4 DOTS relaxation has to do with the mind.

The Theory:

It is thought that when we first have an experience as a baby, we fire off a unique circuit in our brain. The experience is profound and frequently pleasurable. We are drawn to the subject experience again and again to get better acquainted. We call this learning.

Let’s say that at the age of 1 year our Mother puts us on the warm, sunny lawn in our back yard to crawl around. A new circuit is fired through our brain and we are fascinated by the greenness of the experience and the warmth of the green. The texture is slightly prickly but not unpleasantly so. There is a humid component and a wonderful smell that we will later on associate with the word “earthy”.

From this point on in our lives this same circuit fires every time we experience warm green grass, causing a familiarity with the experience, and this we call memory. So the theory goes.

(As an aside, i t is thought that the psychoactive drug LSD causes variations in our established and familiar brain circuitry. This can be profoundly pleasurable (or disturbing) and cause fascination with what we adults would consider to be mundane things. This would explain why people on LSD can be seen studying their hand, or marveling at the grass they are standing on. )

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