Why Costa Rica is the Destination of Choice for New Retirees

costadevelopers.com

Expats have long been attracted to Costa Rica for many reasons; accessibility, safety, low cost of living, beautiful beaches, modern inexpensive health care, some of the best real estate opportunities in Central America, good infrastructure, lush tropical rainforests, ocean, mountain and valley views, weather unparalleled, theaters, art galleries, and so much more.

Currently by some estimates there are more than 150,000 expatriates living full time or part time in Costa Rica and in many of established expat communities throughout the country.

These numerous and growing expat communities have been a major factor in the growth of the Costa Rica real estate market especially in the past 10 years.

In Costa Rica you will find rich coastal areas along both the Central Pacific and Caribbean, metropolitan lifestyle in the Central valley, adventure and biodiversity National Geographic calls the richest in the world.

Costa Rica is a nature-lover’s dream. The country has a very pro-active philosophy towards conservation and its extensive bio-reserves, ensuring that its jungles, with their renowned biodiversity, continue to be home to a truly stunning assortment of species, from birds to butterflies, monkeys to wild cats, and spectacular flora.

The marine sanctuaries of the Caribbean and Pacific oceans and the rich “bio-corridor” of Costa Rica although being a very small country packs in 5% of the world’s biodiversity.

Costa Rica the largest middle class of all the Central American countries and as well the fastest developing economy, with a long standing tradition of democracy; this could be the biggest driving factor in the Costa Rica real estate market being consistently attractive for the past 2 decades.

Expatriates from all over the world already living in Costa Rica, enjoy one of the most diverse environments and highest standards of living in Central America.

The Costa Rica life expectancy at birth is one of the world’s highest, topping both the U.S. and the U.K.

Tourist services are extensive and with English as a second language, Costa Ricans consider themselves “cultural cousins” to the USA, making the country very visitor-friendly.

The expat population is expected to see tremendous growth over the coming decade with 10,000 baby boomers retiring per day in North America; many are looking to Costa Rica, “The Jewel of Central America” as a place to call home.

Posted by Costa Developers

Friendly building with the environment.

 

Development of homes in balance to the nature is an upward trend in Costa Rica.

Sustainable friendly buildings with the environment attracted consideration of employers and industry representatives in Costa Rica. In addition to complying with the environmental commitment, the cost of an environmentally sustainable home is competitive with a standard one.

To unify criteria, a group of businessmen and representatives of business associations drafted a code containing the standards to be met by the contractor to environmentally sustaining building can be declared.

The formation of new development in ecological housing projects should be the premise of any builder or developer. Costa Developers is a clear example of the development of this modality, offering not only spaces of the hand of nature, and fractional ownership opportunities, which several people can use the same space, without creating an environmental impact as the one that occurs in conglomerate areas.

This initiative was born more than ten years ago and takes into account aspects that benefit the planet when building residential areas, which can lower costs instead of making further improvements to adapt the home environment.

However, not until now that the technique is supported by the Institute of Technical Standards and accepted by the association of architects and builders.

Development of this technique is the responsibility of Bruno Stagno, who named this code as RESET, meaning Requirements for Sustainable Building in the Tropics. He also had the support of the Institute of Tropical Architecture and Carlos Alvarez, president of the College of Engineers and Architects.

To comply with this rule, the investor is not require to invest in expensive technology, but rather encouraged him to build with local materials. With RESET, investment to build an environmentally sustainable building is almost the same as for a normal one.

Costa Developers

Costa Developers | Eco-friendly building becomes popular in Costa Rica

Green construction is a new chance to promote more efficient urban developments 

According to an interview with La República, Pietro Stagno from Luz de Piedra architecture firm says environmentally sustainable or friendly buildings called the attention of businessmen and representatives of the sector. Buyers expressed more frequently interest in this type of techniques.

In addition to complying with the environmental commitment, the cost of an eco-friendly home is competitive relative to a normal one.

To unify criteria, a group of administratives and council of Chambers created a code, which contains the standards to be met by the contractor so that the construction can be declared as eco-friendly.

This initiative was born more than 10 years ago, aims to generate a positive impact on the nature and lower costs.

However, is not so far that the technique is endorsed by the Institute of technical standards and accepted by the association of architects and construction engineers.

The development of this technique is carried out by Bruno Stagno, who named this code reset, which means requirements for sustainable buildings in the tropics. He had also the support of the Institute for Tropical architecture and President of the engineers and architects professional association, Carlos Álvarez. 

For compliance with this standard does not require the person worried to invest in expensive technologies, you are rather encouraged to build national materials.

The investment to build an eco-friendly building is almost the same as for a normal, said Alvarez.

Currently is used only by consulting firms for the houses design in both urban land and mountains. Some of the precursors are Luz de Piedra and Terranum.

Terranum for example, works with block modulations, steel profiles, aluminum, natural light and ventilation building on the direction of the existing winds, as well as the use of gardens. On the other hand, Luz de Piedra focuses on the impact to the ground, controlling the land movements and vegetation layers. 

Costa Rica Real Estate | Costa Developers