Simmering Hope

Hope is the expectation that something outside of ourselves, something or someone external, is going to come to our rescue and we will live happily ever after. – Dr. Robert Anthony

Nov 12, 2007

Second home in the sun

Courtesy of Don Ediger who wrote for International Living, we got some general information on beach properties that could be bought for a good price in various countries.

So, if you want a place in the sun, but don’t want to spend more than $100,000, there are 10 destinations you need to consider:

Costa Rica: It’s a favorite retreat for North Americans who like the country’s cool mountains or beautiful, wide beaches. Costa Rica has superb sport fishing, birdwatching, scuba diving, snorkeling, kayaking, surfing, and horseback riding. Property prices are rising–but not so fast that you can’t still find bargains.

The Dominican Republic: It’s one of the least expensive countries in the Western Hemisphere. Ocean-view condos are on the market for just over $100,000. For a little more than half that amount you can find an apartment in the capital Santo Domingo, known for its old world charm.

Belize: This English-speaking Caribbean country offers big tax incentives to foreigners who live part- or full-time in the country. While Ambergris Caye and several other coastal areas have become expensive, there are still real estate bargains galore, particularly in the exotic rainforests only a few miles from the ocean.

Mexico: The country has been a favorite of second-home owners for many years, but prices in Mexico can vary just as much as the climate. Today’s savvy property shoppers are attracted by low prices around Yucat√°n’s Gulf Coast and by the big advantages of the Lake Chapala area–golf, tennis, hiking, and horseback riding, as well as theater, concerts, and garden clubs.

The Bahamas: Sports, nature, and an elegant lifestyle continue to lure people to these islands just off the Florida coast. Though the Bahamas have a reputation for pricey real estate, it’s not difficult to find condos for $100,000 and three-bedroom houses for around $200,000.

Guadeloupe and Martinique: The French West Indies combine Caribbean culture with a Riviera lifestyle. That means dining and dancing as well as opportunities to enjoy nature, whether it’s a hike around a volcano or a dip in ocean waters that Jacques Cousteau described as among the best in the world.

Nicaragua: Despite the potentially worrisome outcome of recent elections, the country remains a haven for second-home owners. Bargains are the big reason. Even at property developments with top-notch golf courses, you can get a condo near the ocean for less than $100,000.

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