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.

Contemporary Duplex Penthouse - Elegance and Convenience in Guachipelín de Escazú

Description

Experience refined living in this stunning 220m² (2,368 sq ft) duplex penthouse at prestigious Euroloft 16, nestled in upscale Guachipelín de Escazú. This turnkey luxury residence seamlessly blends modern design with premium comfort.

Key Features:

Designer-furnished penthouse with panoramic views and dual-level balconies
Gourmet kitchen with high-end stainless steel appliances including dishwasher
Two generously sized bedrooms with walk-in closets and premium finishes
Three luxurious full bathrooms featuring modern shower systems
Dedicated entertainment room with state-of-the-art amenities
In-unit laundry with washer and dryer
Two-car tandem parking and private storage
Central air conditioning throughout

Premium Location:

Minutes from Multiplaza, Distrito Cuatro, and Auto Mercado
Walking distance to Intercontinental and Sheraton Hotels
Easy access to international schools and medical facilities
Secure gated community with 24/7 security

Amenities:

Resort-style swimming pool
Community BBQ area
Modern elevator access
Pet-friendly environment
Professional property management
Monthly HOA: $475

Price: $350,000 (Includes all furniture and appliances) Flexible financing available through major Costa Rican banks

[Español] Penthouse Dúplex de Lujo | 2 Habitaciones, 3 Baños | Ubicación Privilegiada en Escazú

Descubra un estilo de vida excepcional en este impresionante penthouse dúplex de 220m² en el exclusivo Euroloft 16, ubicado en el prestigioso Guachipelín de Escazú. Esta residencia llave en mano combina perfectamente el diseño moderno con el máximo confort.

Características Principales:

Penthouse amueblado por diseñadores con vistas panorámicas y balcones en dos niveles
Cocina gourmet con electrodomésticos de alta gama en acero inoxidable, incluido lavavajillas
Dos amplias habitaciones con walk-in closets y acabados premium
Tres lujosos baños completos con sistemas modernos de ducha
Sala de entretenimiento dedicada con amenidades de última generación
Área de lavandería con lavadora y secadora
Estacionamiento tándem para dos vehículos y bodega privada
Aire acondicionado central

Ubicación Premium: