Investment Opportunity in Playa Jaco

Investment in Jaco

Invest: $70,000 USD
Earn 12% interest per year!

That’s $700 USD per month
or $8,400 USD per year!

Over a 3-year term
is $22,400 USD in Profits!

Loan Details:

Amount Requested:               $70,000
Gaps Valuation:                       $230,000 (could be 299k high season)
Loan-to-Value Ratio:               30.4% (Approx.)

Term Length:                           36 Months
Requested Interest Rate:      12%

Construction Area:                 76 m2
Location:                                  Close to the beach

General Information:

• Superb location, 1 block away from the beach
• Uses the property as an Airb BNB rental, which can pay for the interest
• 2 bedroom / 2 bath
• $3000/m2 estimate

Investing in an apartment in Jaco, Costa Rica, can be a good idea for several reasons, but it’s essential to conduct thorough research and consider your financial goals and risk tolerance before making any investment. Here are some potential advantages of investing in an apartment in Jaco:

1. Tourism and Rental Income: Jaco is a popular tourist destination, known for its beautiful beaches, surfing opportunities, and proximity to San Jose. This can translate into steady rental income if you choose to rent out your apartment to vacationers. The demand for short-term rentals can be relatively high, especially during the tourist season.
2. Strong Rental Market: Jaco’s rental market often benefits from both short-term tourists and long-term renters, such as expatriates and retirees. This diversity can provide a consistent rental income stream throughout the year.
3. Appreciation Potential: Real estate in tourist destinations like Jaco can appreciate in value over time, especially as the area continues to develop and attract more visitors. An apartment investment may see capital appreciation, potentially increasing your overall return on investment.
4. Economic Stability: Costa Rica is known for its political stability and strong economy relative to some of its neighbors. This can provide a sense of security for property investors.
5. Tax Benefits: Costa Rica offers tax incentives for foreign investors in certain areas, which can be advantageous for those looking to invest in property.
6. Lifestyle and Retirement: If you’re considering retiring in Costa Rica or want a vacation home, owning an apartment in Jaco can provide you with a beautiful and convenient place to stay.

Loan Purpose:

The borrower is in search of funding, intending to allocate the majority of the $70,000 towards the acquisition of a property valued at approximately $230,000. Additionally, these funds will be utilized to finalize an ongoing construction project.

Conclusion:

Interested? Contact Lawsen.
Whatsapp (+506) 4001-6413

Article by Glenn Tellier (Founder of CRIE and Grupo Gap)