What is included in Costa Rica condo fees or HOA fees? Buyers often get scared when they see they must pay a condo fee but don’t realize what is included. Costa Rica’s lifestyle is changing, and people travel more than ever. Security is more critical than ever when looking for a vacation home, a retirement…
How can you assure yourself of a low HOA fee when buying a condo in Costa Rica? Condos have an extra cost of ownership, which most houses do not — the condo association fee. When buying a condo in Costa Rica, you might expect a low HOA fee and not exorbitant fees. If you purchase…
How many times do you purchase a property in a lifetime? Not very often, right? You wouldn’t know which real estate contingencies you should consider when making your offer. Unless you are a Costa Rica real estate investor. Even when you have bought and sold real estate in other countries, you’ll find that everything functions…
Is a HOA in Costa Rican gated communities legal or not? Last week, Steve emailed us “Please check your advertisement because you are falsely advertising a home owner’s association. The community doesn’t have one. All they have is a maintenance corporation.” You are probably aware that we always take the bull by the horns in our…
ThePlanning to buy a condo? Do you have any idea about Costa Rica condo owner rights? Before you purchase a condo in Costa Rica, from a developer or a re-sale, you should first request a copy of the bylaws. As a condo owner, you have rights and responsibilities that are described in the bylaws. You…
I wrote Part I about what you need to know when you buy a condominium in Costa Rica or in a secured access community in our May’s Easy Times. This is the second part of a series of three. Part II of this series will tell you all about the bylaws or CC&R’s. If the Costa…
In part 3 of this series, I’d like to give you some additional Costa Rica Condominium information. Such as what kind of title will you own when you buy in a condominium? The Title Important Costa Rica Condominium information is the title. When you buy a condominium unit, you acquire individual and absolute title to…