Jaco, Costa Rica – May 13, 2008 – With giant payoffs available for investors, the time is definitely right to invest in Costa Rican real estate. Although North American real estate seems to be shaky these days, investors can still find excellent returns on investments if they look to Costa Rica. Property prices are affordable, and investors from across the globe are thrilled with the bargain prices and amazing profits available in the real estate market in Costa Rica today.

In the past five years, the real estate market in Costa Rica has taken off and is now in the middle of a boom. With the excellent prices that are affordable and the investment incentives being offered to foreign investors by the Costa Rican government, this is a paradise to investors looking for a new place to invest their cash.

All throughout Costa Rica there are many excellent investment opportunities, and one excellent company that caters to high end investors interested in this market is Cerro Fresco. Cerro Fresco is a new development located in Jaco which has been developed by the CR Development Company. Not only has this company been behind the Cerro Fresco development, but they’ve also started on a new development in Jaco – Highlands Estates.

There are many reasons that Costa Rica has become such a prime spot for real estate investors. Of course first of all is the low price of real estate, which even though it is rising, is still cheaper than places such as the United Kingdom and the United States. The cost of living in Costa Rica also is a drawing point, with the average cost of fine living costing between $900-1200 a month. Property taxes are quite low as well and many times investors are able to cash in on predevelopment prices, both of which make investing in Costa Rica even more attractive to real estate investors.

To learn more about investing in Costa Rica real estate or the Cerro Fresco development, visit www.cerrofresco.com for more information.