http://www.costaricasale.com/beachfront-property-costa-rica/
Think of the phrase "beachfront property for less" is a thing of the past?
If you paid $ 40,000 for his beach house, how long ago did you buy? In the U.S. should have been 30 years or more ago, in Puerto Rico, over 15 years in Costa Rica, over ten years easy.
But we have another chance. Even now, in 2008, is a place for a few hours by plane from Miami, with Hawaii as climate, friendly locals, exceptional beaches and where foreigners are not only welcome to buy, but encouraged.
The place is Ecuador. How has slipped through the cracks this time is amazing.
So the first step toward his beach house at $ 40,000 is to understand where you can find one. Not in the U.S. (obviously), or Costa Rica or Panama but in Ecuador.
The second step is to define exactly the type of property you would like (floor, ground, home) and your budget.
The third step is to go to kayak.com and book your flight to Ecuador. From Miami, New York and Los Angeles flights return can be from about $ 400.
The fourth step would be to make a preliminary investigation into the network. Remember that ads can be found in English are probably the price for foreigners, sometimes double or triple the price I could find locally. There are great places online to find listings, but that is covered in more detail in the report refers to end of this article.
The fifth step would be to go to Ecuador. Take time as possible in Ecuador. Some months are ideal. Make some local friends, acclimatize to culture and decide if Ecuador is right for you. An easy way to make local friends would go to local churches, taking Spanish classes, or join clubs premises with a similar interest to yours.
Then, with some local allies on their side, ask to recommend a few reliable real estate agents and local attorneys.
The sixth step is to start searching for your home. Go to the coast, decide where you want to live and walk the streets yourself looking for aerosol numbers your graffiti on the walls of buildings indicates that they are on sale. Have a friend help you make contact local (not to hike prices up on you when they hear his accent.)
The seventh step is to have your lawyer check the papers of the properties that interest you, ensuring that they are in order. If the legal papers are in order, you make an offer similar to the U.S., but in Ecuador is likely to deal directly with the owner. The locals prefer to sell their homes themselves rather than through agents.
If the offer is accepted, you sign a sales contract similar to the U.S., and the closing of the sale takes only a couple of weeks in Ecuador. Closing costs and fees are only a fraction of those in the States.
Beachfront property in the range of $ 20,000 U.S. dollars are still available. Castles on the cliffs overlooking the sea are available for about $ 150,000 and attractive beach houses can sell for as little as $ 40,000, but only until they found the place.
Domenick Buonamici is the author of the new report “The Insiders Guide to Beachfront Property in Ecuador.” Found at http://www.EcuadorRealEstate.org
Costa Rica Beach Condos | Beachfront Homes in Costa Rica – Azul Paraiso
