Idyllic Income Producing Costa Rican Getaway

$1,900,000

Just reduced! Extremely motivated sellers! A true turnkey property easily managed locally or from a distance. Or as a desirable property to be leased.

    $1,900,000

Idyllic Income Producing Costa Rican Getaway — Owner wiling to trade for farms in Virginia

The farm is 260 titled acres in southern Costa Rica. It is approximately 3.5 hours from the International airport in San Jose; 2 hours from the beaches on the Pacific coast and 1 hour from San Isidro General, the largest town south of San Jose.

Lifestyle is the option to get up in the morning(or whenever) and hike in the forest, ride a horse, swim in a mountain river, drink coffee from the plants growing right in front of you, watch cattle graze on more than a 100 acres of green pasture, look at the stars every night because there are no city lights or neighbors for at least a mile. With very little work the farm can produce 50k in income; but has unlimited potential in many areas, such as coffee, cattle, fruit, & development.

  • Five acres of Passionfruit
  • Lemon
  • Lime
  • Mango
  • Starfruit
  • Bananas
  • Papaya

The remaining 150 acres of pastureland could easily be utilized to plant further fruit trees, as well as reforestation. Important things to note about this magnificent property and opportunity include:

  • 2 kilometers of Mountain Riverfront
  • 2,500 to 3,100 feet Elevation
  • Incredible 5 bedroom/2 bath house
  • Multiplicity of building sites
  • Panoramic Mountain & Valley Vistas
  • A number of corrals and outbuildings
  • ALL Equipment Included
Costa Rica Offers Tax Advantages

In Costa Rica, the taxation of individuals is based on the principle of territoriality, meaning that all personal income that has a foreign source is tax exempt. Only revenue earned by an individual within Costa Rica is subject to an assessment by the tax authorities. You do not have to pay tax on your Social Security income, pension, investment income, etc. And if you telecommute to a job abroad, have a business or rental property in your home country, online business, or are a freelancer, you do not have to pay income tax in Costa Rica. You are still on the hook to the IRS or your home country’s tax authority however. For U.S. citizens, be sure to ask your tax professional about the Foreign Earned Income Exclusion, which exempts you from paying taxes from an overseas job or business if you qualify.

Owner is willing to trade for farms located in Virginia because his two college-age sons have moved to Virginia for their education.

For More Information Contact

Rick Walden
Cell: (434) 981-5923
Email: rick@virginiaestates.com


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