Is it Safe to Invest in Costa Rican Real Estate?

Investing in Costa Rican real estate is considered safe for foreign investors. In Costa Rica, international buyers enjoy equal rights to purchase and own property as locals do. You can own property either in your name or through a Costa Rican corporation, which may be owned by a foreign entity. For more insights on investment safety, visit our Real Estate Investment Safety page.

How Can I Verify the Legality of a Property in Costa Rica?

To ensure a property’s legality in Costa Rica, check its registration in the National Public Registry of Properties. Legally registered properties have a unique Folio Real number and a Plano Catastro number. For detailed guidance, see our Property Legal Verification guide.

Who Manages the Transaction Funds in Costa Rica?

In Costa Rica, transaction funds over $10,000 must pass through a SUGEF-registered escrow agency, safeguarding your investment during the due diligence process. Bernard Realty recommends trusted escrow services for secure transactions. Learn more on our Escrow Services page.

Is a Real Estate License Required in Costa Rica?

In Costa Rica, real estate licensing is encouraged but not mandatory. Bernard Realty agents are licensed and adhere to standards set by Costa Rica Global Associations of Realtors, aligned with NAR standards. Discover more about our professional standards on our Agent Licensing page.

What About Title Insurance in Costa Rica?

While Title Insurance isn’t common in Costa Rica, thorough property investigations by attorneys offer similar security. They trace property histories to ensure clear titles. For more information, check out our Title Investigation Services section.

Understanding Property Taxes in Costa Rica?

Property taxes in Costa Rica are uniform across the country and notably low. The rate is generally 0.25% of the property’s registered value per annum. For instance, if you own a property with a registered value of $200,000, the annual property tax would be approximately $500. This makes Costa Rica an attractive destination for property investment. For more details on property taxation, refer to our Property Tax Overview section.

Can Foreigners Own Beachfront Property in Costa Rica?

Foreigners can own beachfront property in Costa Rica under certain conditions, such as holding a concession for 20 years or owning through a corporation structure in condo developments. For detailed information, visit Beachfront Ownership Regulations.

Options for Financing a Property in Costa Rica

While direct mortgages to foreigners are rare, there are alternative financing options, including owner financing or using a self-directed IRA. Explore financing options on our Property Financing page.

Residency Requirements for Living in Costa Rica

To live in Costa Rica full-time, legal residency is required. Temporary stays up to 180 days are allowed for most international travelers without special visas. Learn more about residency requirements on our Residency Guidelines page.

What to Expect for Closing Costs in Costa Rica

Closing costs in Costa Rica are government-regulated, usually about 4% of the property’s value. Costs include notary fees, transfer taxes, and documentary stamps. Get a detailed breakdown on our Closing Costs page.

Do I Need an Attorney for Property Purchase in Costa Rica?

An attorney is essential for property transactions in Costa Rica, handling due diligence and property registration. Bernard Realty can connect you with experienced attorneys. Find out more on our Legal Assistance page.

Options for Holding Property in Costa Rica

Properties in Costa Rica can be owned personally or through a Costa Rican Corporation. The latter is often recommended for non-residents. Our agents can provide detailed advice, as outlined on our Property Ownership Options page.

Cost of Real Estate in Costa Rica

Real estate costs in Costa Rica vary, catering to diverse budgets and preferences. Bernard Realty offers properties ranging from affordable lots to luxury estates. Explore our listings on the Property Listings page.

Homeowners Association Fees in Costa Rica

HOA fees depend on the development and amenities provided. These fees cover maintenance, security, and other services. For a comprehensive overview, visit our Homeowners Association Fees page.

Nomad Haven Jungle Villas - Costa Rica Real Estate

Description

Discover your serene paradise in the heart of Nomad Village, where our North 3BD Villa awaits you. Priced at $1,500,000 USD, this villa is nestled on a generous lot of 1,259 square meters (13,541 square feet), with the house itself spanning 324 square meters (3,488 square feet). This 3-bedroom vertical beachfront home for sale is designed for those who dream of living in harmony with nature while enjoying the comfort of modern amenities and a supportive community.

Located on the lush hillside of Santa Teresa, just minutes away from pristine beaches, Nomad Village is a sanctuary for families, professionals, and anyone dedicated to well-being and sustainable living. Our community is built on a foundation of love for our neighbors, a commitment to a healthy lifestyle, and a pursuit of harmony with the natural world.

Property Highlights:

Breathtaking Views and Location: Experience daily the awe-inspiring ocean views and spectacular sunsets from the comfort of your villa, set in a diverse landscape that offers tranquility and a deep connection to nature.
Sustainable Living: With a strong focus on regeneration, our villas boast thoughtful architecture that blends with the natural surroundings, including tree preservation and regeneration of deforested areas. Enjoy sustainability features such as rainwater collection, gray water re-use, and robust water treatment facilities, alongside the use of sustainably and locally sourced construction materials.
Community and Connectivity: Nomad Village attracts a vibrant mix of individuals, from freelance entrepreneurs to wellness coaches and sustainability experts. Our community is built on the principles of connectivity, creativity, and collective well-being, offering high-speed internet throughout the village and a hi-tech community coworking center to keep you connected and productive.

Communal Amenities for an Enriched Lifestyle:

Community center for gatherings and events
State-of-the-art gym and yoga deck for your fitness and wellness routine
Edible forest and communal garden to connect with nature and cultivate your own produce
On-site restaurant and pool for relaxation and socializing

Comprehensive Services for Peace of Mind:

Fully managed community with full-time staff, security, and onsite maintenance
All communal areas, including co-working spaces and facilities, are meticulously maintained year-round, covered by monthly HOA fees
Basic residential villa maintenance services included, ensuring a worry-free living experience

In Nomad Village, we understand the unique needs of remote workers and the importance of a balanced work and home environment. Our North 3BD Villa offers the perfect backdrop for a life of creativity, productivity, and well-being. Embrace the opportunity to build your dream life in paradise, where community, sustainability, and luxury converge. Welcome to Nomad Village – where your new adventure begins. Contact us today to learn more about making Nomad Haven Villas your new home.