Category: Costa Rica Real Estate Topics

How important is Property Listing Removal After Closing?iconwht

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…

Continue reading
Request a home inspection before closing on a propertyiconwht

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…

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

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…

Continue reading
The Recipe for Fruitful Hotel Ownership in Costa Ricaiconwht

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…

Continue reading
iconwht

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…

Continue reading
The use of escrow services when buying Costa Rica real estateiconwht

The use of escrow services when buying Costa Rica real estate

The safest way to buy real estate in Costa Rica is through escrow services.
These services are a secure way to transfer funds between a seller and a property buyer. The escrow company is a third party that handles these funds in return for a fee. This fee is usually 0.25% of the funds to be wired, with a minimum of $900.

Continue reading
9 Steps to Updating a Home in Costa Rica Without Renovatingiconwht

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…

Continue reading
How to protect your property from a landslideiconwht

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…

Continue reading