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Five Reasons to Buy Real Estate in Costa Rica

While real estate markets in developed countries are still deleveraging from it's peak in 2006, real estate in countries where most retirees go is slowly climbing up. For example, real estate in Uruguay, northern coast in Brazil, Costa Rica and Panama is not going down but slowly and steadily climbing.

What these countries have in common is: great climate; cheaper living costs than first world countries; good medical facilities and relative stability. Retire in Costa Rica

My personal favorite is Costa Rica because it offers same things as other countries but better:

- Climate: Central Valley in Costa Rica offers the best climate in the world. It has the same temprature all year around with two defined seasons: dry - from December to May and raining - from June to November. Central Valley is elevated 800m-1.5km (2,500-4,000 feet) above the sea level. Temprature during the day is 22-27C (70-80F) and 15-18C (59-66F) during the night all year around. Because of high elevation, you don't get many mosquitoes or flies. Pacific Coast beaches are one hour drive away from Central Valley.

- Cost of Living: comparing living expenses between Costa Rica and United States, the former is 65% cheaper. This applies to all living expenses apart from gasoline.

- Costa Rica is famous for it's cheap and good quality medical service and medical tourism is on the rise from 2007, mostly from the United States because you can get the same operation done at the same quality but third of US price.

- Costa Rica has no military and a long standing democracy. No need to worry about a military coup or sudden change of power.

Northern province of Guanacaste had a real estate boom in the past five years (2005-2010) due to opening of new international airport there, which received daily direct flights from US. Real Estate market there overheated with a lot of construction going on in 2005-2007 and now you can find great bargains there. Actor Mel Gibson and model Gisele Bundchen have houses there.

Southern province of Puntarenas is still relatively cheap, but prices are climbing fast there based on government intention to open there international airport by 2013.

There are less and less places in the world that offer safe, cheap and good climate retirement in the world. After this economic crises is over, Costa Rica is set up for a great real estate boom as more and more retirees are more mobile globally. Don't lose your chance to buy a piece of paradise!

For all your Costa Rica real estate needs please visit Costa-Rica-Real-Estates.com