Category: Costa Rica Real Estate Topics

Escrow agent in Costa Rica - what you need to know

Escrow agent in Costa Rica – what you need to know

Estimated Reading Time: 5 Minutes If you want to purchase property, start looking for an escrow agent. An escrow agent is a neutral third party who holds onto the buyer’s funds related to the real estate transaction until both parties have satisfied their contractual obligations and charges a fee for this service. This fee is…

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How important is Property Listing Removal After Closing?

How important is Property Listing Removal After Closing?

Estimated Reading Time: 4 Minutes Most sellers don’t worry about the property listing removal after closing. Of course, once you’ve closed the sale, you probably have better things to do. Nonetheless, most sellers forget about all those agents they listed the property with. They’re not doing the new owner a favor by not contacting all…

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Request a home inspection before closing on a property

Request a home inspection before closing on a property

Estimated Reading Time: 7 Minutes Incredibly, local buyers often don’t request a home inspection before closing a property. When investing a lot of money in a home, why wouldn’t you spend an extra few bucks to ensure you’re not buying into a huge problem? Imagine that you have found this excellent bargain property in Costa…

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Top 9 Mistakes to Avoid when Buying Land in Costa Rica

Top 9 Mistakes to Avoid when Buying Land in Costa Rica

Estimated Reading Time: 8 Minutes The lack of knowledge and the excitement of buying land you fell in love with are common reasons for rushing into a purchase and making costly or fatal mistakes. Buying land is pretty simple for those who do it all the time. But even experienced buyers from other latitudes should…

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Why is a price-cutting trend rare in Costa Rica real estate?

Why is a price-cutting trend rare in Costa Rica real estate?

Estimated Reading Time: 7 Minutes Why is a price-cutting trend so rare in Costa Rica real estate? There are several reasons. In typical real estate markets, it’s a buyer’s market when the inventory is high, and it’s a seller’s market when the inventory is low, right? Well, the Costa Rican real estate market is not…

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The Recipe for Fruitful Hotel Ownership in Costa Rica

The Recipe for Fruitful Hotel Ownership in Costa Rica

Estimated Reading Time: 8 Minutes Hotel ownership in Costa Rica is quite different from what it is in other exotic destinations worldwide. I am the American-European affiliate for the Southern Pacific area of Costa Rica, and I have listed and sold quite a few hotels during my real estate career. Over the years, I have…

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6 Important Facts to Know Before you Buy a Property in Costa Rica

Estimated Reading Time: 5 Minutes Before jumping into the unknown, first, learn a few important facts about buying a property in Costa Rica. We now have a sellers’ market; therefore, some buyers jump on the property too fast without even knowing what they are doing. Too much money is at risk, and not doing your…

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9 Steps to Updating a Home in Costa Rica Without Renovating

9 Steps to Updating a Home in Costa Rica Without Renovating

Estimated Reading Time: 6 Minutes Is renovating in Costa Rica difficult, or is updating a lot easier? While housing is more affordable in our beautiful country, most foreigners who need to renovate a home have their own standards. But renovating a house is a much larger headache than just updating. You will be jumping through…

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How to protect your property from a landslide

How to protect your property from a landslide

Estimated Reading Time: 8 Minutes Watch out for mud or landslide! A landslide can make your property disappear overnight; did you know that? The image on the left is in Cinchona, where an earthquake in January 2009 – Richter magnitude 6.2, took 34 lives and destroyed many properties. Buying a property in Costa Rica is not…

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