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.

Dominical Beach Luxury Villa: Oceanfront Elegance

Description

Property Highlights

Location: Nestled on a sprawling 4.6-acre estate in Dominical Beach, this property presents 1,743 ft² of luxury living space surrounded by Costa Rica’s enchanting natural beauty.
Accommodations: Features 4 beautifully designed bedrooms and 4 contemporary bathrooms, catering to comfort and style.
Outdoor Living: Includes a private pool, BBQ area, and ample parking space, ideal for hosting and enjoying Costa Rica’s idyllic climate.
Exclusive Amenities: Access to a private beach, highlighting the villa’s unique offering in Costa Rica’s sought-after real estate market.
Guest House: Benefit from additional space with a separate 2-bedroom guest house.

A Blend of Luxury and Natural Beauty

This oceanfront villa is a masterpiece, perfectly situated between the lush tropical rainforest and the pristine shores of Dominical Beach. It offers a rare opportunity to own a piece of Costa Rica’s best real estate, combining luxury with access to some of the region’s most stunning natural landscapes.

Your Private Retreat by the Ocean

Embrace the breathtaking ocean views and direct beach access from this villa. This property is more than just a house; it’s a lifestyle choice for discerning buyers looking to immerse themselves in the beauty of Costa Rica’s coastline.

Live the Costa Rican Dream

Ideal for families or individuals seeking a beachfront home, this property represents a lucrative investment in the thriving Costa Rican luxury real estate market, especially in the vibrant area of Dominical Beach, known for its large, year-round waves and popularity among surfers and nature enthusiasts.

Investment Potential

Costa Rica’s stable political climate, progressive economic policies, and commitment to conservation make it an attractive destination for real estate investment, offering potential for appreciation and rental income. Dominical is increasingly sought-after for its unique combination of jungle-covered mountains and ocean vistas, providing endless opportunities for adventure, relaxation, and wildlife exploration.

Your Costa Rican Oasis Awaits

Seize the opportunity to own a slice of paradise in one of Costa Rica’s most desirable locations. This property is not just a home, but an investment into a lifestyle enriched by natural beauty, luxury, and tranquility. Contact us to schedule a viewing and take the first step towards your dream in Costa Rica.