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…
What is exactly included in your Costa Rica condo fees or HOA fees? Costa Rica’s living is changing, people travel more than ever. When looking for a vacation home, a retirement home, or a real estate investment, security is more important than it was ever before. Twenty years ago, we were selling only single-family homes.…
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…