THE ADDRESS Magazine Summer 2014 - Page 114

A stunning villa that demonstrates a superb combination of high quality finishes, cool modern style and spectacular panoramas T here are copious reasons that Costa Rica real estate is viewed by investors as one of the safest emerging markets to expand their property portfolio. An oasis of calm and an ecotourism heaven, Costa Rica is the jewel of Central America. It is a scenic paradise, boasting seven climate zones, thousands of habitats, untold species of flora and fauna, friendly people, shimmering sandy beaches and glorious ocean sunsets. The economic, political and social stability of Costa Rica is one characteristic that has distinguished it through its entire contemporary history and as one of its most important strengths, has enabled it to attain great success in luring foreign investors. Since 1949, the Costa Rican government has been a stable democracy that is governed by a democratic constitution with a strong set of constitutional checks and balances. The country has long emphasised its commitment to democracy and respect for human rights. Costa Ricans are understandably proud of their tradition of peace, with the armed forces being abolished in 1948. Costa Rica has a history of economic stability. The economy was estimated to have expanded by 3.5% in 2013, after registering real GDP growth rates