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.

Exclusive Serenity: Discover Your 9.39-Acre Oasis in San Isidro

Description

Discover Heredia Hideaway, an exceptional property spanning 9.39 acres (approximately 38,000 square meters) in the serene and verdant landscapes of San Isidro de Heredia, Costa Rica. Positioned just 15 minutes from Route 32 and only 5 minutes from the bustling heart of San Isidro de Heredia, this property melds the allure of secluded natural beauty with the convenience of nearby urban amenities. Offering 110 meters of public street frontage, this land is a pristine canvas for those who dream of crafting a personal retreat or developing a bespoke community in one of Costa Rica’s most cherished locales.

Property Highlights:

Strategically Located: Situated in the proximity of San Isidro de Heredia, accessible via a well-maintained paved road, ensuring seamless access to schools, markets, and cultural landmarks.
Ready for Development: Equipped with essential utilities such as water, electricity, and public lighting, this property is primed for immediate development, enabling a straightforward transition from concept to reality.
Natural Oasis: A mere 800 meters from the diverse ecosystems of Braulio Carrillo National Park and enveloped by forests of indigenous species, offering a refuge for wildlife and a paradise for nature lovers.
Sweeping Views: The property boasts a stunning 180-degree view of the Central Valley, providing a majestic backdrop for any development, be it a luxury residence, an eco-tourism endeavor, or an agricultural project.
Simplified Acquisition: With all legal paperwork meticulously in order, transferring ownership is streamlined through a corporate share transfer, offering a hassle-free purchase process.

Nestled in the rich tapestry of Costa Rica’s highlands, San Isidro de Heredia is renowned for its lush surroundings, temperate climate, and hospitable community. The region’s allure is enhanced by its proximity to the capital, San José, and the vast recreational opportunities of Braulio Carrillo National Park, making it a sought-after destination for those seeking a balance between pastoral tranquility and convenient city access.

Your Invitation to Create:

Heredia Hideaway presents an unparalleled opportunity to realize your architectural or development aspirations in a locale synonymous with beauty and tranquility. Whether your vision includes a custom-designed homestead, a sustainable living community, or a retreat that captures the essence of Pura Vida, this land offers the ideal foundation.

Seize the opportunity to make a lasting impact in San Isidro de Heredia. Contact us to explore the potential of Heredia Hideaway and take the first step toward making your dream a reality in this exquisite Costa Rican paradise.