Costa Rican Real Estate
Source: http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blogPosted on Monday, August 25th, 2008 | In Stocks to Watch
Contributed by: Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog) -
Well, I was absolutely amazed by what I saw in Tamarindo over the last week. Not only were more roads paved, but prices for condos and houses have absolutely skyrocketed from my last visit in 2004.
Want examples? How about condos for $700K, $800K, even $1.5 million … yes, U.S. dollars. It’s ironic … the roads leading to some of these places are still dirt with mud-filled holes … but I guess it’s the age-old “build it and they will come” philosophy.
One of my favorite images, which I didn’t get to photograph, was a flatbed truck loaded with Sub Zero fridges (the $5K-10K variety) rambling up the muddy path in front of our house.
I’ll have more on what I saw in CR over the next few days, including in my Money & Markets column tomorrow.
Last 5 posts by Nilus Mattive
- Look at the Dividend Tech Stocks! - November 11th, 2008
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- Yes, You Can Still Find Solid, Reliable, Fat Dividends - October 28th, 2008
- Volatility Out the Wazoo! - October 16th, 2008
- Volatility Out the Wazoo! - October 16th, 2008
 About Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog)
Nilus Mattive, a financial analyst at Weiss Research, is the editor of Dividend Superstars, a monthly publication and is also the editor of the company’s daily e-letter, Money and Markets. Formerly a senior editor of Standard & Poor’s The Outlook, the oldest continuously published investment newsletter in the country, he has written for a number of investment websites, including BusinessWeek and Individual Investor. Mr. Mattive is the author of The Standard & Poor’s Guide for the New Investor (McGraw-Hill, 2004) and has appeared on the popular investment radio show, Traders Nation, to discuss his views on personal finance. Mr. Mattive graduated cum laude from the University of Scranton. |
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