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.

Quepos Surf House with private pool Residential Morales

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Sold

Costa Rica, Puntarenas, Quepos

$259,000

Overview

Beachfront Homes in Costa Rica, Homes For Sale in Costa Rica
Property Type

10,430
Lot Sq Ft

2,153
Sq Ft

3
Bedrooms

2.5
Bathrooms

Description

Discover the charm of this expansive 3-bedroom, 2.5-bathroom residence, complete with a newly installed swimming pool nestled among lush tropical gardens and towering palm trees. This property is not just a delightful home—it also serves as an attractive vacation rental, ideally located near the scenic areas of Manuel Antonio, Quepos, and the renowned Marina Pez Vela.

The entrance to this gated estate is secured with an automatic system that opens to a convenient carport directly connected to the entryway, plus an additional detached two-vehicle carport. As you step through the majestic custom wooden door, you’re welcomed into a spacious living area with vaulted ceilings framed by elegant beams, allowing for a cool, airy environment enhanced by natural light. Multiple doors enhance the living space, opening to create a refreshing cross breeze.

The heart of the home features a large flat-screen TV, a cozy lounge area, and an indoor dining space. The kitchen is a culinary haven with high-end stainless steel appliances, rich cedar cabinetry, and sleek granite countertops, including a versatile breakfast nook/bar. Flowing seamlessly from the kitchen, the outdoor living area offers serene pool views and meticulously maintained gardens.

Designed for ultimate relaxation and entertainment, the outdoor space includes a custom Guanacaste dining set, a comfortable patio arrangement, and a hammock perfect for lazy afternoons. An outdoor campfire pit with surrounding seating beckons for enchanting evening gatherings under the stars. The entire property is beautifully landscaped and fully enclosed, offering a safe haven for families and pets alike.

The master suite is a private retreat positioned away from the other bedrooms, featuring a king-sized bed, a large flat-screen TV, expansive windows, a walk-in closet, and an ensuite bathroom. The additional two guest bedrooms are equipped with double beds, room for queen-sized upgrades, and share a tastefully designed bathroom.

This property epitomizes a perfect blend of comfort, elegance, and vibrant outdoor living, making it an exceptional choice for a family home or a lucrative investment in the vacation rental market. Contact us now!