Estimated Reading Time: 5 Minutes When buying a long-term rental investment property, you want to keep a tenant a tenant longer than normal. What’s normal? How can you keep a well-paying tenant way past that 1st year? A rental agreement between an angry tenant and an unhappy landlord will not have a long shelf life.…
Estimated Reading Time: 4 Minutes When moving to Costa Rica, buying a farm or a beachside property can be a point of discussion amongst family members. Some prefer the quiet of a farm, and the idea of growing your own. Others might prefer the sound of the waves and just being a beach bum. Here…
Estimated Reading Time: 4 Minutes The real estate business is a profitable investment for a lot of people, and it can be for you too! Some real estate investors rake in a lot of money, but this mostly depends on the investment strategies used. Additionally, it also depends on your location, type of investment, and…
Estimated Reading Time: 5 Minutes Nothing is more important for absent real estate investors than having high-quality property management. Unfortunately, some property managers prefer to catch a good wave before taking care of your business and their own. Often, they don’t strive for perfection and don’t worry much about your return on investment. It is…
Estimated Reading Time: 6 Minutes I’m sure you know that hiring a professional will allow you to enjoy many benefits, right? Would you hire an unqualified person as your real estate agent in your home country? Probably not, so why do it in Costa Rica? In Costa Rica, because licensing is not mandatory, ‘everyone’ sells…
Estimated Reading Time: 4 Minutes Thousands start looking for a retirement home abroad many years in advance. After all, retirement means arriving at the age when you no longer must worry about going to work or running a business. Some can afford to retire early; others will try to keep working as long as they…
Estimated Reading Time: 5 Minutes To lay a robust background for your real estate journey, getting to know the real estate market thoroughly is indispensable. Having in-depth knowledge of the Costa Rican real estate market can be a daunting task at first. However, it will help you avoid impulsive decisions due to the lack of…
Estimated Reading Time: 4 Minutes Beginning a new home search is a complicated process that can be daunting. There are so many things to consider such as the area, size, and cost of your new house. However, it doesn’t have to be difficult. This article will provide you with 6 top tips to start a…
Estimated Reading Time: 6 Minutes Have you had this dream: you’re sitting on the balcony of your luxurious condo on a Costa Rican beach, sipping a piña colada? Well, this is a pretty common dream for those who live through cold winters year after year. Thousands of snowbirds fly down every year, to enjoy their…
Estimated Reading Time: 5 Minutes Making a real estate investment can be very rewarding. Yet it’s also fraught with a lot of challenges and risks. Especially if you decide to do it alone. There’s a belief among real estate investors, almost taken as gospel truth, that you can never go wrong with investing in real…
Estimated Reading Time: 6 Minutes Many real estate deals go sour because buyers do not know how to make an offer on a property. Often, that happens because the buyer hired an incompetent real estate agent or because the buyer goes FSBO. Often buyers don’t realize that they are in another country with different rules,…
Estimated Reading Time: 7 Minutes Did you buy property in the middle of nowhere and now you hate the place? Don’t hang yourself, walk away! How can you stop yourself from buying a property in hell, though it looks like paradise? Buying Costa Rica property in the middle of nowhere is easy, selling it again…
Estimated Reading Time: 5 Minutes Did you know that real estate agents seldom list foreclosed property in Costa Rica? Unusual, isn’t it? Real estate licensing is not mandatory. This is the reason banks do not use real estate professionals to sell a bank-owned property. Only in a buyer’s market, some banks ask realtors to register.…
Estimated Reading Time: 6 Minutes Why use escrow in Costa Rica real estate and how does it work? Some foreign buyers of Costa Rica real estate just assume that this works the same as it does back home. Wrong! Let’s start at the beginning. In Costa Rica, local buyers, as well as sellers, do not…
Estimated Reading Time: 4 Minutes It’s funny how I found The Ultimate Guide to Buying Property in Costa Rica online but it’s not really a guide to anything. They advertised it on every Facebook group they could find. I read the whole article, but… It’s just another stupid article by a newspaper that didn’t even…
Estimated Reading Time: 6 Minutes How can owning a Central Valley condo be a great idea for a thalassophile? Well, once you live at the beach in Costa Rica, you’ll realize you’ll have to get to the Central Valley more often than you think. Although the larger cities around the beach areas offer more services…