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The Astute Investor



COSTA RICA: A PLACE FOR THE ASTUTE INVESTOR

Costa Rica has always been a popular tourist destination for years, this year tourism is up 14 percent over 2007. More and more people are visiting Costa Rica from the US and Canada because is close and the dollar still goes a long way here. Now it's also becoming a popular place for the astute investor. Why? One of the best places to invest for maximum security and return on investment is buying property on a beautifully beach in a popular resort destination. That is exactly what we are offering at Las Olas Beach Community. Here are a number of reasons why knowledgeable investors are investing in Costa Rica and specifically in Las Olas Beach Community:

1. TOURISM IS WAY UP: Tourism is up about 18 percent in 2008 over 2007 and according to the tourism board, ICT, 95 per cent of those tourists want to be either on or close to the beach.

2. NEW ROAD: A new road is being built to the Central Pacific Coast which will cut driving time from 2 hours to about 1 hour from San Jose when completed in two years. We all know that access leads to growth and it's expected that land values will double or even triple for beach front property along the Central Pacific Coast when the road opens.

3. BEACH FRONT LOTS: Most of the property being sold right now in Costa Rica is up in the hills with distant views of the ocean. Why? Because there is just not a lot of good beach front property that is available for development in Costa Rica. People want to be on the beach so rental demand is strong and they are not making any more.

4. LOCATION: Located on a pristine blue flagged beach in Esterillos Oeste, Las Olas has the three most important elements to consider when buying property, LOCATION, LOCATION, LOCATION. Las Olas is one of the best locations on the entire Central Pacific Coast, being the only place from Playa Hermosa to Quepos that has hills next to the ocean. It's also one of the few locations that has access to the beach with all utilities already in place. In fact from Playa Hermosa to Quepos, Las Olas Beach Community is one of the few beach front location along the entire 40 miles stretch where you can build a home.

5. HIGH RENTAL DEMAND: Homes built on a beautiful beach have a high rental demand with beach front rentals ranging anywhere from $1000 to $2000 per week during high season. This provides an excellent opportunity to have your investment paid off with rental income and in a number of years have a paid off asset worth hundreds of thousands of dollars.

6. THINK ABOUT SELLING: There is an old saying in real estate that we all should keep in mind, "Before you buy a property you should think about selling it". If some time in the future you want to sell your property will the property have a low, medium or high demand? How sellable will your property be? It's just a well know fact that properties located in a beach side community has the highest buyer demand because that is where people really want to be.

7. LONG TERM DEMOCRACY: Costa Rica has one of the longest stable democratic governments in both Central and South America that was established in 1948. Also in that same year the government disbanded their military because the leaders at the time understood that militaries often times provide the means to keep dictators in power.

8. DOLLAR STILL A VALUE: Although the US dollar has been highly devalued against the EURO, the dollar still goes a long way in Costa Rica compared to the high prices in Europe. A cup of coffee can cost $10.00 at some places in Europe. Further housing costs, taxes and health care are much lower in Costa Rica.

9. A SAFE PLACE CLOSE TO THE US: Compared to other places in the world, Costa Rica is a safe place that is close to the US. The people are gentle and love Americans and there is none of the violence that plagues many other parts of the world. There are no hurricanes, tornadoes, raging fire storms or water shortage in Costa Rica. With an average temperature of 76 degrees per year you will enjoy fresh organic fruit and vegetables that are grown 365 days years.

10. AN IDEAL PLACE TO RETIRE: For many reasons Costa Rica is a favorite retirement location for the baby boomers. Cost of living here about one fourth the price in the US. Taxes are a fraction of what they are in the US, health care costs is about one tenth, fresh fruits and vegetables are one fifth the cost, there are not hurricanes or tornadoes so insurance is inexpensive and with an average temperature of 76 degrees year round, many people do not need either air conditions or heating. Most importantly the people are warm and friendly and love the Americans. Many have called Costa Rica the last paradise on earth.

11. NO CAPITAL GAINS TAX OR BAD LENDING PRACTICES IN COSTA RICA: Costa Rica has no capital gains taxes on sales of property, stocks , bonds or interest income. There are no shady lending practices at the banks in Costa Rica like the ones that were responsible for the present problems in the US housing markets. The banks in Costa Rica do business like the banks in the US did years ago when they made homes loans and actually serviced those loans. There are no Freddie Macs or Fannies Mae's making government backed loans. In fact, on May 1, 2008 the government of Costa Rica sent a directive to the two National Banks that instructed them that until further notice they could only make loans from the monthly money they were taking in from their previous loans.

12. COSTA RICA'S REAL ESTATE MARKET IS ON THE RISE: Because of all the above Costa Rica real estate market is on the rise. Second quarter results are in and tourism is up nearly 20 percent in 2008 from 2007. The King of Brunei recently announced plans to build a billion dollar resort on the West Coast of Costa Rica and nearly all the major resort chains are either currently building project s in Costa Rica or planning projects in the near future. People are flocking in from the US, Canada and Europe to buy property on the West Coast of Costa Rica to either live in or to put in a rental program or both.

Doesn't it just make good sense to invest in a country that has good fiscal and good management policies in place? A country has no capital gains taxes that will not tax your savings, dividends, or profits on the sell of stocks, bonds and real estate. A country that has banks that have good lending practices and where you can keep you money in either Dollars or Euros ? Costa Rica and Las Olas Beach Community is not only a place you really want to be, but it's also a place your money wants to be. Act now and secure your investment in a Las Olas Beach Community property while they last. There are only a limited number of lots being sold and when they are gone the resales will only be more expensive.

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