Buying Vs Renting in Los Sueños- a Look at the Pros & Cons
For those who plan to stay in Costa Rica for an extended period of time, Los Sueños Resort and Marina is a fantastic option. The resort has numerous luxury properties available for rent and for sale. You will be centrally located near national parks, exciting activities and amazing beaches, and you’ll have access to amenities like golf, full-service spas, a 100-slip marina and a private beach. Choosing Los Sueños is easy – the only question is: should you buy or should you rent?
Both renting and buying are solid options, and the answer depends on both your preferences and your circumstances. Here are some factors to consider when making your decision
Renting long-term gets you all of the perks and amenities of life in Los Sueños, with none of the responsibility. It also offers flexibility; you can try out the Costa Rican lifestyle for months, or even a year or two before making the decision to stay permanently. You can easily return to the United States to live if you so choose, and you can try out different areas and home styles and sizes.
There are some downsides to renting. The property you rent is not yours, so you will not be able to improve or change it to your liking. Even though renting in Los Sueños is affordable compared to comparable homes in other countries, it is still pricier than a mortgage, and you build no equity, so there is absolutely no return on your investment.
Not only does buying in Los Sueños offer you a permanent place in paradise, it gives you the comfort of having somewhere to truly call home. Even if you live part time in the United States, or you travel often, you will have somewhere to come back to that’s familiar, comfortable and yours. You can make improvements as you see fit, and you will have unlimited access to all of the resort’s amenities on a permanent basis.
Buying is, in the long run, less expensive than renting, and you are building equity into your investment with each payment. You can even rent your home in your absence and have your mortgage paid for you, and potentially even earn some passive income. While property values are rising in Los Sueños, you can still find plenty of homes that are far more affordable than comparable locations around the world.
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