In a new series of videos about Costa Rica real estate, travel agent Richard Bexon talks to those in the know about all things property-related. In his first video/podcast, he chats to Scott Cutter from 2Costa Rica Real Estate.
I’m trying to learn something myself about what’s going on in Costa Rican real estate, and if my videos can help you learn something as well, then that’s all good.
My first guest is Scott Cutter from 2Costa Rica Real Estate, one of Costa Rica’s fastest-growing real estate brokerage and consulting companies.
Scott’s a long-time Costa Rica expat, here since 1997. An Alabama native, he graduated from the University of Colorado and drove down straight after that.
After stopping in pretty much every beach town along Costa Rica’s Pacific coast, he finally found his home in the Quepos/Manuel Antonio area. He spent a few years hanging out, doing odd jobs here and there, before founding 2Costa Rica Real Estate with his brother Todd.
Now, 2Costa Rica Real Estate has offices from Papagayo in the north to Dominical in the south. I can think of no better person to introduce me (and you) to the Costa Rican real estate scene.
If you’re interested in Costa Rica real estate, please watch the above video. You’ll learn something about what’s happening down here. If you prefer a podcast format to a video, you’ll find that below:
In our conversation, we discuss where Costa Rica is today in terms of real estate, and Scott outlines the differences between Costa Rica’s and the United States’ property markets.
Scott expands on the appreciation of property in Costa Rica. He warns that investing in Costa Rica real estate purely to make money isn’t the same as doing so in the US or Europe, and suggests buyers “check their hearts at the door”.
The key element is, for Scott, for people to understand exactly why they’re investing in Costa Rica. Are they coming to get rich or to enrich their lives?
All in all, he sees an investment in Costa Rica as a lifestyle investment rather than a financial one.
Other topics covered include the importance of not jumping in too fast (come down and rent for a while first) if you want to live in Costa Rica.
Scott also covers the biggest mistakes he sees people making in Costa Rican real estate and how to avoid these pitfalls.
“The biggest mistake is people wanting to be ahead of a real estate curve and wanting to buy the next hot destination.”
It’s great to speak with a real estate broker who’s happy to push the power of life quality over a quick return, which is probably why his company has grown so much.
We are expanding to the Papagayo peninsula, we are waiting for you in our new office in Playas del Coco.
— 2CostaRicaRealEstate (@2costaricaRE) January 4, 2021
Watch/listen to Scott and I expand on all the above themes, and life in Costa Rica in general. It’s essential viewing for anyone thinking of investing in Costa Rica.
I hope you enjoy this video/podcast and I’ll be in touch soon with the next one. We’ve already created a few more of these chats on our YouTube page, if you want more right now.
Also, feel free to join our Costa Rica Real Estate & Investments Advice & Discussion Facebook group to learn more about real estate in Costa Rica.
Richard Bexon has lived in Costa Rica since 2002 and is a co-owner of the Namu Travel Group.