Sunday, September 23, 2012
Dear Reader,
We've already covered property picks for $50,000 and $100,000. Today, we're going up a notch to see what you'll get with a budget of $150,000.
What you get is a lot of choice. You can buy a big chunk of land in Costa Rica, a colonial home or a highlands hideaway.
Read on below to find out more.
Pick #1. Las Terrenas, Dominican Republic. Condo: $145,000.
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Las Terrenas is a small Caribbean island beach town. It's got the stunning beaches, the rustling palm trees and the warm clear waters you'd expect. But it also offers a whole lot more: a French bakery, an Italian ice-cream parlor, amazing restaurants and a very chic Mediterranean vibe.
And property prices won't break the bank.
This fully-furnished condo is in a complex that's close to shopping, restaurants, cafes and bars. It's only a 50-meter stroll to the beach. It's got 1291 square feet of living space. It would make a good rental; in high season this complex boasts almost 100% occupancy. Best of all, the unit is priced at only $145,000. You can get an information pack here.
Pick #2. Fortaleza, Brazil. Condo: $129,000.
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Fortaleza attracts more than three million tourists a year. It's got some of the best beaches in Brazil, good food and buzzing nightlife. And it's an economic boomtown. There's oil offshore, a big port expansion underway and a huge duty-free zone in the pipeline. Combined with strong local middle-class growth, it all signals opportunity in the rental market.
These units are centrally-located. They're close to the boardwalk and beach, shopping and dining, and the city's best nightlife. They make ideal long-term rentals. This unit is on the market for $129,000 and could earn up to $900 a month in rental income. Find out more here.
Pick #3. Olon, Ecuador. Town home: $105,000.
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Olon is a tiny beach town. It isn't a tourist hot spot. It's under the radar--and the few expats who live here prefer it to stay that way.
It's a laid-back, peaceful haven with eight miles of beach. You can swim, surf, or relax with friends at one of the beach bars over chilled beers and a bowl of grilled shrimp.
These new 1400-square-foot town homes have a second-floor deck where you can watch the gorgeous Pacific coast sunsets. Only 200 feet from the beach, the homes are priced at $105,000. You can get an information package here.
Pick #4. Arenal, Costa Rica. Land: $139,000.
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Arenal is fast becoming a hot spot for second home buyers. It's easy to see why. It scores high for natural beauty - a sapphire-blue lake surrounded by a rich landscape of green hills, mountains and forests. And welcoming expats, good food and a friendly small town feel make this rural idyll hard to resist.
Plus, it's very affordable - as you can see with this property. You get 38 acres of forest, pasture, river and springs with volcano views for $139,000. You can get more details here.
Pick #5. Granada, Nicaragua. Colonial home: $145,000.
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It's easy to fall in love with Granada. It's a charming spot. Pointed cathedral spires soar into blue skies. Pink hibiscus flowers spill across walls and patios. A deep-blue lake shimmers in the tropical sun...
It's a great place to relax and unwind. You can browse the little stalls in the street markets, explore the city's colonial heritage or just watch the world go by in the little plaza.
Colonial home here are gorgeous. Modest street entrances open to reveal hidden courtyards and lush gardens. And your real estate dollar goes a long way in Granada. It's one of the most affordable colonial locations on our beat. This four-bed three-bath home is close to restaurants, shopping and the main plaza. It comes furnished and the list price is $145,000. Find out more here.
Pick #6. Cotacachi, Ecuador. House, $133,010.
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Cotacachi is a little highlands town less than two hours from Quito. It boasts spring-like weather all year round, a remarkably large expat community and an ultra-low cost of living. If you enjoy quiet country living, this place fits the bill.
This home is in a small community on the edge of town. It's a pretty spot, with a mountain backdrop and landscaped grounds. The homes feature large picture windows that frame the dramatic views. The list price for a 1410-square-foot house is $133,010. You can find out more here.
So, proof that you don't need a mega-budget to buy a property overseas. If you're interested in any of these properties, contact the brokers and developers today to get a full information package - and snap up your slice of paradise.
Margaret Summerfield
Posted Under:
ecuador, costa rica, brazil, nicaragua, affordable, dominican republic
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