Mel Gibson Selling His Costa Rica Real Estate

Oscar winning director Mel Gibson
has put his huge property in Costa Rica up for sale for almost $30
million.  The star of Mad Max, Braveheart and Ransom
bought the estate in April 2007 and has now listed the compound for sale with a
leading real estate company.

Gibson has suffered a number of
public embarrassments and box office flops over recent years although continues
to own a number of expensive properties. 
Keep reading to find out more about his huge property in Costa Rica
which is now for sale.

$29.75 million Costa Rica property for sale

Gibson has listed his 500 acre
Costa Rica property for sale at an eye watering $29.75 with Christie’s
International Real Estate, the luxury real estate firm.

The Times Colonist reports that ‘Gibson’s Pacific coast compound, on
Playa Barrigona on Costa Rica’s Nicoya Peninsula just south of the Nicaragua
border, boasts three hilltop homes, the largest of which has seven bedrooms,
with soaring ocean and jungle views.’

The former cattle ranch now
boasts villas with are outfitted with native Costa Rican woods and Italian and
Spanish tiles.  They also feature
multiple verandas and a private pool.

Rick Moeser, Christie’s real
estate senior vice president for the Southeast, Caribbean, Central and South
America, said: “The property is expansive, meticulously maintained, and
ultimately private.  With its
multiple homes and outbuildings, this is the ideal family retreat.”

Gibson bought the
estate in April 2007 for a reported $26 million to add to his extensive
portfolio of properties.  The star
of The Beaver and the Lethal Weapon series of films also owns multiple
properties in Malibu, California including a property he bought in 2008 from
David Duchovny and Tea Leoni.  He
also owns several homes in Australia and a private island in Fiji.

Overseas property investors or those seeking to buy property abroad may like to know that Costa Rica real estate can be quite straightforward to buy. Costa Rica offers no restriction on property ownership in Costa Rica, meaning anyone is able to buy houses, farms or land.  According to The Costa Rica News:
‘The Costa Rican constitution allows for ownership of real estate,
‘bienes raices’ in Spanish, with equal rights for Costa Ricans and
foreigners alike.’

When
searching for property to buy in Costa Rica, most investors source
homes by contacting a local estate agent or by using an internet
property portal.  Estate agents
will generally know about the same properties for sale, although
sometimes a vendor will make their property available exclusively
through one agent.

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International Real Estate

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