We work with investors, second-home buyers, and retirees interested in Central America real estate. Several countries offer very good tax incentives (retirement, real estate tax, business) and there are excellent property values. Beachfront property (in very accessible areas) can be bought well BELOW $100k and there is an abundance of beautiful mountain land and American-style new home developments. All of this within 2 to 4 hour flight from most major US cities.
Nevertheless, along with benefits come risks. There are few (if any) laws regulating the real estate business in most Central American countries so caveat emptor certainly applies! Further, there is less transparency in real estate transactions (e.g., there is generally no central multiple listing service) so knowing if you are, in fact, getting a good deal is more difficult for a layperson to determine. Additionally, real estate laws vary from country to country and the process of purchasing and titling property also differs from the U.S.
With his international experience and networks of professionals working in Central America, Dr. Sears offers brokerage services through AgentOwned Realty. Therefore, you can expect the highest standard of service along with the application of real estate agency law and Realtor ethics as you would in any US-based transaction in which he is your buyer-representative.
If you are interested in Central American real estate, Sears & Partners offers a variety of consultative options, including real estate tours.
Here are some useful and recent economic data about Central America.
- Main Fiscal Indicators (IMF)
- Main Economic Indicators (IMF)