Purchase and Investment

Ready to make a real estate investment in Costa Rica? Read all of the following sections first. Take the time to do good background homework, it makes the process much easier to understand and less likely to fall victim to a scam. The below sections were created as a guide through the unfamiliar real estate practices and laws of Costa Rica.

Each of the below sections contain information for anyone who is truly serious about investing in Costa Rica and who would like to have a positive experience. This can only come from knowing what to expect. The growth outlook should be matched with ones investment horizon. Generally, one should first ask oneself why to invest in Costa Rica. Once that is clear; understanding the ownership rights and real estate terminology are two principal steps in the right direction. Once you have identified the real property of your choice, being familiar with purchasing process and the associated expenses of attaining ownership is important to not get caught up in a lengthy procedure nor have unexpected expenses negatively surprise oneself.

Property Ownership Rights

Unlike in many other countries around the world, in Costa Rica foreigners ARE allowed to own property in the Republic of Costa Rica. However, it is vital that you know which pieces of property can actually be owned, which pieces of property have certain restrictions, and which pieces of property can never be sold. Once you have this knowledge you can avoid scams, negotiate better deals on only usable land, and avoid permitting issues.

Purchase Process and Costs

Reading this section could save serious investors thousands of dollars. Knowledge is power. Knowing how the sale is supposed to happen and what the fixed legal costs are, it is much less likely to pay more than necessary in the aquisition process or be surprised by mounting "additional" fees...

Why Invest in Costa Rica

This section highlights the many reasons that make Costa Rica such an incredible place to invest in and explains how the past and present of Costa Rica play an important role on the future values the country is projected to have. The real estate market in Costa Rica has been stably increasing for a couple of decades now, many experts expect that this trend will continue for the next several years due to Costa Rica's friendly to foreigners attitude, its endless variety of natural attractions, and the wave of baby-boomers who will need somewhere inexpensive to retire since Costa Rica is exhibiting signs that it is the Hawaii of 20 years ago with a lot less travel time from many international destinations.

Real Estate Terminology

In order to speak Costa Rican real estate lingo you should know the correct terminology to help you along in the process. If you know what you are talking about you are more likely to get exactly what you want and how you want it. Take a moment to study up on some of the Costa Rican real estate terms.

Real Estate Growth Outlook

A general look at the real estate industry and some indications...

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