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Most of the new home developments on Coast Rica's wonderful "Gold Coast" are gated communities. These are a perfect choice for investment, particularly if you aren't planning on residing in your premises throughout the year.

Owning land in absentia may create some unique dilemmas in Costa Rica, where squatter regulations give some rights to an individual to land if the legitimate owner has allowed them to call home there for over a year. This doesn't mean that you have given them permission to reside on your own land it simply means that you've not started them off. Squatters search for uninhabited area and set up residence, sometimes planting a few herbs, and aspire to remain hidden long enough to produce a claim.

There are numerous ways to avoid this headache you can have someone local check on your property, hire a caretaker (and keep good records so they can not maintain squatter status), or visit your property every three months. If squatters are discovered within 90 days the police are needed to take them of from your house. To possess them removed following a year, the legal landowner should proceed through a lawsuit which can be a cost (and frustration) that many people prefer to avoid, and in some instances they can also drop title of these land.

An easy way of preventing this is to buy property in a gated community. This approach helps to ensure that your home is watched when you are not in town in addition to having additional benefits. Gated communities are usually a more secure alternative than striking out alone, specially in areas that are big tourist destinations. Costa Rica is just a very safe country: violent crime rates are much lower here than in other places but petty offenses such as for instance theft and property crime aren't uncommon, especially in areas. Many condo improvements and gated communities offer an access system and personal security included in the residents' fees, and your neighbors offer several sets of eyes to help keep watch over your home.

Many of these developments offer structure that's well above the national average, with undercover electricity, great roads and group areas, and some even offer their particular water systems and shopping areas.

The other benefit of possessing in a gated community is that you can quickly enter a house management design, turning your clear house right into a income generating enterprise that pays for it self when you are not around. The Guanacaste area has become an ever more popular resort destination due to its summer, remarkable beaches and general beauty. There is without doubt that dividends will be paid by a smart investment in this area and gated communities really are a safe bet! mako seo

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