Have you ever said to yourself “I wish I’d invested back then instead of sitting on the fence”?
Already extremely popular in other parts of Europe for a few years, this concept is new to Ireland and the UK but it is already gaining a strong reputation here as being one of the shrewd investments still out there in the current economic climate:
A 6-8 year investment – an ideal timeframe for investing in Central AmericaCosta Rica is stable economically and politicallyThe commodity teak is already on your land and 12-14 years old, ensuring the return on your initial investment (even if teak prices don’t go up)The trees are fully managed on your behalf, covering thinning through to harvest at 20 yearsTeak is currently increasing in price by 8.5% paThe World Resources Institute reported that the world demand for wood could double by 2040 – But only 3% is currently being taken from managed plantations… the rest is logged from the last remaining rainforests.Great exit strategy with huge resell market for tourism development for US/Canadian baby boomers reaching retirement, with the double advantage of currency diversificationThe plots are zoned for development with a central electricity/water source and individual roadsLand in Costa Rica is currently increasing in price by more than 20% paYou own the land you buy as it’s freeholdThere is no capital gains tax to pay in Costa RicaThe location of the plots is ideal, between the Pan-American Highway (main road from Canada to South America) and the beaches of the Pacific Ocean, 110km from the capital San JoseIf you prefer to hold out before selling the land, you can plant melina trees in place of the teak for a continued 10 year investmentNow consider the figures with the below projection example:
Invest €10,000
Net profit after 6 yrs = €44,000
+ €10,000 (initial investment) = €54,000 return
>30% returns paFigures based on:
1$ = €1.60
Increase in teak prices: 7% pa
Increase in land prices: 20% pa
As of June 2008:
1$ = €1.54
Current increase in teak prices: 8.5% pa
Land price in this area increased by 40% in 2007
Would you like to see more baout our investements? Just have a look at www.costaricainvest.ie or www.costaricainvest.co.uk or drop us an e mail or just give us a call on +353 1 272 4184
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