Do not allow the housing bubble affect your investment: opt for fractional properties

fractional

Opportunities offered by Costa Developers to get a fractional ownership will help you avoid being affected by the real estate bubble. 

The property prices have increased in Costa Rica, many experts speak of a possible bubble in the country, according to some foreign prices of properties in Escazú, Heredia and other regions of the country are similar to those found in cities like New York or California.

The crisis that hit the United States in 2008 certainly had an impact on Costa Rica, and this has affected the prices of properties nationwide.

One of the most expensive places for investment in properties today is the province of Guanacaste, where the housing bubble has limited capital for investment and the recovery of this key area.

In a study by El Financiero, the REALTORS said that there is still in the country a great speculation and generation of much higher prices than the reality and the chord to the market.

In San Rafael de Escazu, for example-is averaging less $150 square meter (m²) and the highest $1,750. In Lindora, range from $500 to the $1,800, while in Santa Ana Center the range is between $100 and $500.

"There are long runner casual to all seeking is a high income and, therefore, recommend to the owners of the properties sell at unreasonable prices.”The result: properties that are not sold", argued Aleyda Bonilla, Executive Director of the Chamber.

Meanwhile the Costa Rican Chamber of real estate brokers indicated that although brokers lowered their prices in order to recover the market, informal intermediaries are still speculating.

The possibilities offered by Costa Developers to acquire a property of one million dollars at a fraction of that, avoids engaging in market price speculations.

The company specialized in the marketing of properties in the Central Pacific region offers the possibility for you to acquire a property in a region where your property will increase in value and will be an investment for your future.

Posted by Costa Developers