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.

Rainforest Perch: Indulge in Third-Floor Luxury at Los Altos

Description

An Exquisite Blend of Sophistication and Natural Splendor

Nestled within the heart of a lush tropical rainforest and affording awe-inspiring views of the Pacific Ocean, the Rainforest Retreat Suite on the third floor of Los Altos redefines the essence of luxury mingled with the untouched charm of Costa Rica’s wilderness. Spanning 2,583 ft², this three-bedroom sanctuary is crafted with an eye for supreme comfort and aesthetic elegance, making it an ideal choice for both families and couples. It epitomizes the zenith of luxury living in Costa Rica.

Premier Amenities and Unmatched Services

Owner’s Exclusive Infinity Pool: Immerse yourself in the tranquility of our infinity pool, designed to offer panoramic ocean vistas.

Gourmet Dining Experience: Indulge in the exquisite tastes of Enso Sushi & Karolas Restaurants, showcasing our commitment to culinary distinction.

Private Beach Access: Embrace the tranquility of our exclusive beach, the perfect spot to enjoy Costa Rica’s renowned sunsets.

State-of-the-Art Fitness and Spa: Refresh your body and mind with our advanced fitness center and soothing spa services.

Intimate Wildlife Interactions: Engage with the vibrant wildlife of the rainforest, a truly immersive experience.

Exclusive Timeshare Advantages:

Relish in the opulence of 5-star hotel living with our all-encompassing condo upkeep and rental program management for $1,640, including:

Common Area Upkeep: Attention to elevators, generators, water treatment, and meticulously maintained gardens.
Rental Program Management: Professional marketing and operational oversight to enhance guest stays.
5-Star Hotel Amenities: Around-the-clock concierge, daily housekeeping, premium beach services, and more.
Complimentary Benefits: High-speed internet, cable TV, and access to our pool and gym facilities.
Minimal Personal Costs: Exclusive of personal utilities such as electricity, water, and local property taxes.

A Gateway to Luxury and Peace

The Rainforest Retreat Suite on the third floor at Los Altos transcends the ordinary, offering not just a luxurious resort lifestyle but a prized investment in the tranquility of Costa Rica. With its commanding ocean views, proximity to the dynamic environment of Manuel Antonio, and a lifestyle unlike any other, this suite is an unparalleled investment in both grandeur and serenity.

Embark on the Luxury Lifestyle You Deserve

Your journey to an extraordinary living experience begins here. Whether you’re in the market for an opulent beachfront abode, a serene second home, or a distinguished real estate investment in Costa Rica, the Rainforest Retreat Suite on the third floor at Los Altos opens the door to a world of unmatched luxury. Contact us today to uncover this enchanting opportunity.