Mansion in Playa Negra, Puerto Viejo

$425,000

Playa Negra

12363 Property ID

Description

Mansion in Playa Negra, Puerto Viejo, Limon For Sale – $425,000 USD

* If you buy this property, it meets the requirement to apply In Costa Rica for the Residency for Investor (Inversionista) category. We can help you with your residency process; click here to read more about our sister company Costa Rica Immigration Experts!

Property Features:

Fenced-in property with high walls
Modern, sleek, open-concept design
Pool and sunbathing area
Covered 2-vehicle carport
Large concept style rooms and bathrooms
Elegant simplicity with high ceilings
Attention to detail build
Outdoor indoor natural flow
Built to entertain
Low maintenance, beautiful garden

Property Location:

Investing in real estate in Playa Negra, Puerto Viejo, Limón, Costa Rica, can be a promising opportunity for several reasons:

Steady Tourism Growth: Puerto Viejo is a well-known tourist destination in Costa Rica, attracting both local and international visitors. Playa Negra, with its stunning black sand beach and natural beauty, is a popular spot within Puerto Viejo. The consistent influx of tourists can create a strong demand for rental properties, making it a potentially lucrative investment.
Tropical Paradise: Costa Rica’s Caribbean coast is renowned for its pristine beaches, lush rainforests, and abundant wildlife. Playa Negra offers a laid-back and serene environment, making it an attractive location for people looking to buy vacation homes or rent holiday accommodations.
Booming Rental Market: With the increasing popularity of platforms like Airbnb and VRBO, short-term rentals have become a lucrative option for property owners. Playa Negra’s tourism appeal can translate into high rental occupancy rates, allowing you to generate a steady income from your real estate investment.
Favorable Investment Climate: Costa Rica is known for its pro-investment policies and stable political environment. The government encourages foreign investment and property ownership, offering legal security to investors.
Potential for Property Value Appreciation: As the area continues to develop, property values in Playa Negra may appreciate over time. Tourism growth, infrastructure improvements, and rising demand for real estate can contribute to the overall appreciation of property values.
Eco-Tourism and Sustainability: Costa Rica places a strong emphasis on eco-tourism and sustainability. Playa Negra’s eco-friendly initiatives and commitment to preserving its natural beauty can attract environmentally conscious tourists, enhancing the desirability of rental properties in the area.
Diversification of Investment Portfolio: Investing in real estate can serve as a diversification strategy, especially if you already have investments in traditional asset classes like stocks and bonds. Real estate can act as a hedge against market volatility and provide a different source of income.
Opportunities for Personal Use: Besides generating rental income, investing in Playa Negra can also offer you the opportunity to enjoy the property yourself for vacations or extended stays, taking advantage of the region’s tropical climate and leisure activities.

Owner financing is available:

Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. Owner financing provides sellers with a faster way to close because buyers can skip the lengthy mortgage process.

Especially if you are not a Costa Rican permanent resident, you may face challenges obtaining a mortgage loan from a local bank. While banks spend time putting up barriers, GAP provides a fast, simple, and effective alternative, specializing in secured home equity loans. Grupo GAP may assist you in obtaining a private equity loan, which may be your best alternative. Click HERE for other methods of Home Financing.