Quote:
Originally Posted by Kimmykim
Look into buying some land in Costa Rica, Nicaragua, St Kitts, Belize even. the appreciation value in underdeveloped countries is about what it has been in major growth areas of the US/Can over the last few years. The investment amount is pennies on the dollar to buying in North America and if you string enough property together on a single waterfront over time, you're pretty well guaranteed that you'd have the option of either selling it for a handsome profit to a developer or potentially developing it yourself, either into condos/houses or some sort of a resort, especially if you're seriously looking at a ten year plan.
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You just hit that nail on the head KK - tho there may be pro's and con's to both markets - overall there is much more latitude outside the "conventional marketplace" and far more prospect of a better return on investment.
At the same time, depending on location, it's a matter of wearing two hats - one is the "investment hat" and playing Mr MoneyGetting, - the other is something which is prob harder for most folks (mainly because it's a massive subject and very complex) - wearing a Mr Conservation hat. Many of these locations are where folks buy/invest simply because there is an appeal in the local environment - and they pay more for being able to live in "paradise".
Part "compensation" for bothering about the environment and planning a sustainable project around it, is that there is a wealth of highly experienced practical help available plus funding sources to help on this side - plus an increased profit level form property sales within a project area.
All countries you mentioned have good elements for prospective investment (not sure about St. Kitt's tho - kinda limited), - but add Panama to your list
