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.

Two Beach View Homes Investment Compound

Description

Casa Ensueño is located in the highly sought-after Santa Teresa Beach, Costa Rica, where the jungle and surf combine to create the perfect laid-back beach lifestyle you’ve been dreaming of. Just a 5-minute walk from the white sand beach and up a paved road hill, this luxury oasis offers unobstructed ocean views and the relaxing sounds of the jungle, all while being close to restaurants, pharmacies, supermarkets, and town amenities.

This unique property provides a walkable lot ideal for gardening and fruit trees, featuring two water wells and ample space to enjoy a grand four-story main home with stunning ocean, jungle, and wildlife views. There is also a beautifully designed guesthouse with a separate private entrance, pool, and luxury finishes. Both homes for sale have a reputable rental income, and their separate entrances allow for the privacy of living and renting simultaneously.

Immersed in the Costa Rican jungle, both homes feature high-end finishes that evoke the luxury of a California beach house, with custom US-imported light, plumbing, and hardware fixtures, as well as air conditioning throughout. Natural light floods the spaces through strategically placed windows, 4-meter-high ceilings, and floor-to-ceiling sliding windows that open the homes to roofed terraces and private swimming pools.

Casa Ensueño and the guesthouse each have four bedrooms with private bathrooms and breathtaking views from windows and balconies perfect for enjoying sunsets. The main house offers multiple storage options, a large garage, a family room, and a gourmet kitchen with custom paneling, Thermador appliances, and a massive island with seating that flows into the living and dining areas. These areas open up to an outdoor living space with a BBQ area and an endless edge swimming pool. The guesthouse provides an open garage with multiple parking spaces, a laundry area, and an open-concept floor plan that invites you to experience the ultimate indoor-outdoor living.

The profound living experience this beautifully designed property offers as both a home and an income venture makes this real estate investment a unique, once-in-a-lifetime opportunity.

Ready to make Casa Ensueño your dream home and investment? Contact us today to schedule a private tour and discover the magic of Santa Teresa Beach living. Your paradise awaits!