Estimated Reading Time: 5 Minutes When you rent in Costa Rica, you always have to make a security deposit. Do you want to learn more about the security deposit? This article focuses exclusively on security deposits for long-term renting. Information about short-term and vacation rentals is not included here. Among the various aspects of the…
Estimated Reading Time: 5 Minutes Does the property you are purchasing have a water easement? When you buy a property in Costa Rica, you will want to verify if the property has access to water and if the water is legally connected. Do you know why? In many countries, the water connection on a property…
Estimated Reading Time: 5 Minutes Foreign buyers often assume we have lockboxes in Costa Rican real estate. Well, we don’t! Potential buyers assume real estate agents can make a showing appointment on the spur of the moment. Unfortunately, it takes more than just finding space on the realtor’s agenda. We don’t have lockboxes in Costa…
Estimated Reading Time: 7 Minutes How many times do you purchase a property in a lifetime? Not very often, right? You want to do it correctly, especially when you’re not used to real estate transactions in Costa Rica. Of course, you don’t know which real estate contingencies you should consider when offering on a property…
Estimated Reading Time: 6 Minutes Due to the significant restrictions, it is essential to learn as much as possible about Costa Rica’s beachfront property before purchasing it. To begin, find an attorney who specializes in maritime law and zoning. Most attorneys probably know as much about maritime zoning and beachfront property as a realtor in…
Estimated Reading Time: 4 Minutes Obtain residency in Costa Rica through your real estate purchase. You can buy a property anywhere in Costa Rica, live in it, and use the purchase as an investment to apply for your Costa Rica residency. In January of 2011, the government published the proposed regulation to the Immigration law,…
Estimated Reading Time: 5 Minutes To FSBO or not to FSBO in Costa Rica: that is the question. Well, we’ll get to that. First, what is FSBO (pronounced fizz-bow)? FSBO stands for For Sale By Owner Costa Rica, which is precisely what it sounds like: a property owner trying to sell their property in Costa…
Estimated Reading Time: 10 minutes It is important to know, for all parties involved, what the role of the real estate agent is in the purchase process. When you plan to purchase a property in Costa Rica you will probably contact a Realtor to help you find the right property. Doing so makes you want…
Estimated Reading Time: 4 Minutes There are several great benefits to listing a property for sale on the MLS Costa Rica. When looking to sell, property owners often don’t know where to advertise their property for sale. Of course, you can try listing on For Sale by Owner or Craigslist. Nonetheless, buyers will find very few…
Estimated Reading Time: 4 Minutes A Boost for Vacation Rental Investment, Liberia, the capital of Costa Rica’s Guanacaste Province, has become an increasingly popular gateway for tourists seeking sun, sand, and adventure. Its Daniel Oduber Quirós International Airport (LIR), now called Guanacaste Airport, offers direct flights from major cities in North America and Europe, making…
Estimated Reading Time: 4 minutes The real estate agent, the closing attorney, and the buyer often forget about post-closing issues. Buyers usually assume these post-closing issues happen automatically. Well, in Costa Rica, nothing goes automatically. These post-closing issues seem so simple, and they are. You only have to wait until the property you bought shows as…
Estimated Reading Time: 3 minutes To live in a condominium in Costa Rica is not for everyone. Some love the security and amenities you have when living in a condominium. Others want more privacy and don’t want to pay for security and amenities. Therefore, before purchasing a property in a gated community, you should decide…
Estimated Reading Time: 7 Minutes In Costa Rica, a considerable part of the population lives on property in a condominium. What exactly is a condominium? Is it any different than a gated community? Learn more now to wisely invest in property in a condominium or gated community here. For people who work all day or…
Estimated Reading Time: 6 Minutes Is an HOA or Homeowner Association legal in Costa Rican gated communities? The short answer is yes if the gated community is legally constituted in the National Register as a condominium. In a legally constituted condominium, the common areas are shared by all the owners of the properties within this…
Estimated Reading Time: 4 Minutes If you have assets in Costa Rica, you should also have a will in Costa Rica. That’s the best way to save your heirs an incredible amount of problems. When you purchase a property here, get it done at closing so you won’t forget. If you use a foreign will…
Estimated Reading Time: 7 Minutes Property buyers often wonder if they need a property inspection and why they should bother. If you’ve never bought a property here, you probably don’t know that it’s not common to inspect a property before you purchase it. Costa Rican buyers do not have any inspection done unless they feel…