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.

Private Five Acre Property Estate Luxury Home

Description

Nestled amidst the enchanting landscapes of Pura Vida, Costa Rica, this extraordinary beachfront home for sale offers an unparalleled blend of luxury, tranquility, and natural beauty. Situated on a hilltop, the property spans 6 acres of land, boasting incredible mountain views that stretch as far as the eye can see.

Step into your own private paradise, where the backyard is a lush jungle teeming with wildlife. Squirrel monkeys and tropical birds make daily visits, adding to the magical ambiance of this stunning retreat.

The centerpiece of this oasis is the sprawling 15,000 square foot luxury home, complete with every imaginable amenity. The expansive master bedroom features an enormous terrace, inviting you to soak in the panoramic views of the mountains and surrounding greenery. With 7 bedrooms and 7 bathrooms, there’s ample space for family and guests to unwind in comfort.

Entertainment options abound with a game room, basketball court, and two swimming pools, perfect for leisurely afternoons or lively gatherings. Enjoy the ultimate peace of mind with 24/7 security in a private gated community nestled within 44 acres of lush, rolling hills.

For those with a love for equestrian pursuits, this property for sale is a dream come true. Located in a horse land community, you can keep your own horses, allowing them to roam freely on the expansive 44 acres.

The home’s interior is as impressive as its surroundings, featuring a large, custom-built kitchen equipped with a Subzero fridge and Wolf range stove top. Outside, an outdoor BBQ area with a top-of-the-line kitchen offers the perfect setting for al fresco dining against the backdrop of gorgeous mountain views. Enjoy your own personalized bar and entertainment area, perfect for hosting cocktail parties and private chef dining.

Escape the hustle and bustle of touristy areas while still enjoying convenient access to amenities. Just 20 minutes away lies the renowned Marina Pez Vela, offering a gateway to adventure and relaxation.

Experience the tranquility of country living just outside of town, where peace and quiet reign supreme. If you’re seeking a retreat away from the noise of tourist hubs, this is the perfect sanctuary to call home.

Ready to make this dream estate your reality? Contact us today to schedule a private tour and discover the magic of Costa Rica living. Your paradise awaits!