Real Estate Tips When Buying Properties In Costa Rica
Why choose Costa Rica ?
- One of the most popular vacation
destinations - An ecological country
- Stunning geography
- A democratic political structure
- Political stability
- Diversified climate
- An economy in full expansion
- Remarkable social services
- Well structured education system
- Nonexistent military budgets
- Peaceful, amiable and uncomplicated people
- Or maybe you have simply been here before and felt all of the above
- Where to find your piece of paradise.
- Many regions offer a variety of investment possibilities in Costa Rica, such us Jaco Beach. Before you invest a considerable amount of money in acquiring property, invest some time in getting to know the different regions that are offered to you. Take the time to know these regions well and make your choice based on your evaluation of your personal preferences. A premature decision could be very costly.
Ask yourselves these questions first:
- What is my investment budget?
- What length of time do I want to spend in Costa Rica each year?
- Do I prefer the beach, the mountain, an isolated area, the city and it’s suburbs?
- What kind of climate am I looking for?
- Do I want to retire here and live here permanently? Do I want to work here, do business, or only come to vacation on occasion?
- What kind of property would suite me best, condo, timeshare, private house, farm?
- Beachfront or ocean view?
- Pacific Coast or Caribbean?
- If I should leave the country for some time, who would tend to my property?
- When absent, would I consider renting my property?
- What are my favorite pass times and do I have access to them?
Answering these questions already helps you better target the type of product that suites you best!
How to find and choose the lot, house, condo or business that will suite me best?
Once you have pinpointed why you want to invest in Costa Rica and you have focused on a certain region of interest, the next thing you should do is get more information! Contact the local real estate offices, newspapers, specialized magazines, counseling and informative companies (like Contact.), neighbors and friends of Costa Rica. That’s how you’ll find out what’s available in your targeted region and what the market price is.
After you have found a few properties that at first sight, seem to fill your personal requisites, you have more questions to answer:
- Are the titles clear or can they be cleared?
- Do I have access to water, electricity, telephone?
- Can I build what I intend to on this property? (zoning)
- Is the sale price relative to the market price and my budget?
- Are there financing possibilities?
You are now at a stage when some of the questions require answers from field professionals. (Lawyers, engineers, architects, contractors, real-estate agents and counselors)
One of Contact.’s objectives is to give you the resources and possibilities that will help you make a wise choice.
You will find in our site, many resources that can be useful to make your dream come true.