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.

Luxury Las Palmeras: Private Pool & Gym Oasis

Description

Discover Unparalleled Luxury at Las Palmeras:

Nestled in the heart of San Ramon, the Las Palmeras Luxury Residence is a testament to the elegance and allure of Costa Rican luxury real estate. Spanning a lavish 0.49-acre estate, this 6,889 sq ft property is not just a home; it’s a lifestyle statement for those seeking the best real estate in Costa Rica.

A Haven for Luxury Seekers:

Las Palmeras offers a unique blend of sophisticated living and natural beauty, making it a prime choice for those looking to buy real estate in Costa Rica. The residence features three king-size bedrooms, each a sanctuary of comfort and style, embodying the epitome of luxury living.

Elegant Interiors and Luxe Amenities:

The interior of the estate boasts opulent bathrooms, including a deluxe hot tub, perfect for unwinding in your private oasis. The highlight, a stunning private pool, sets the stage for serene relaxation or vibrant social gatherings. Additionally, fitness enthusiasts will appreciate the well-equipped in-house gym, adding to the allure of owning real estate in Costa Rica.

Ideal Location for Beach and City Lovers:

Situated just minutes from the bustling city center, Las Palmeras offers the perfect balance of tranquil suburban living and city convenience. Its proximity to renowned beaches makes it a coveted location for those seeking beachfront villas in Costa Rica or contemplating buying property in Costa Rica.

An Investment in Paradise:

For those considering investing in Costa Rica real estate, Las Palmeras represents an excellent opportunity. The property’s blend of luxury, location, and lifestyle makes it a standout choice among Costa Rica beachfront homes for sale.

Your Costa Rican Dream Awaits:

Whether you’re an expat seeking a slice of paradise or a local desiring the pinnacle of luxury, Las Palmeras is more than just a home—it’s a dream come true. Embrace the opportunity to own a piece of the best real estate in Costa Rica, where luxury, comfort, and natural beauty converge.

Experience the grandeur of Casa Las Palmeras. Contact us to discover how you can make this exquisite San Ramon residence your own.