Tuesday, 02 January 2024 12:17 GMT

Investing In Properties Continues To Be An Excellent Option For Generating Greater Wealth In Costa Rica


(MENAFN- Costa Rica News) The post Investing in Properties Continues to be an Excellent Option for Generating Greater Wealth in Costa Rica appeared first on The Costa Rica News.

Real estate has been considered one of the best alternatives to diversify investments. Above all because they enjoy high benefits, because they provide profitability.

Diego Soto, Marketing Manager at GrupoEcoquintas, explains that“the purchase and sale of properties; As well as income, they have average returns as they are low-risk investments. Owning a property is having an asset that does not depreciate. But, before making this investment, the person must know: How should they invest?”

Diversifying

“Diversifying is the answer, since the purchase of properties under different strategies can leave greater profits, if you know how to do it,” Soto added the options to diversify are those known as Geographic Location, that is, investing in properties in different cities, regions or even countries. Economic trends, rental demand, and market growth can vary by location, so diversifying geographically can help stabilize your portfolio.

“Another is by Property Type. It is advisable to invest in real estate such as apartments, premises, condominium houses, warehouses, shopping centers and others. Each of them has economic cycles and risk factors, but by diversifying it helps mitigate said risk,” Soto mentioned.

Capital Gain

Capital Gain is another alternative. This refers to buying a property and then selling it when its value increases Income or Rental is another option. Properties are bought to rent and their income flow is constant.

“In the case of Short Rentals, they present flexibility and adaptability. Platforms such as Airbnb and Booking enter this category, where owners adjust prices according to availability, market demand and season,” Soto commented.

Real Estate Flipping, which consists of buying a property and remodeling it for subsequent sale. In this case the return on investment is a little slower. Diversify real estate investments throughout the Market Cycle, that is, during periods of economic boom, you should purchase commercial properties that benefit from the increase in demand for office space or commercial premises; or that during recessions, rental houses are purchased, because in these times of crisis people postpone the purchase of homes.

Finally, another option is through Real Estate Crowdfunding, that is, a group of people buy a property to rent, and the money received is divided between the parties.

The post Investing in Properties Continues to be an Excellent Option for Generating Greater Wealth in Costa Rica appeared first on The Costa Rica News.

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