Buying Property in Costa Rica: How to Find the Best Resources & Guides When Buying Land or a Home in Costa Rica by 30Seconds Travel
Living in paradise is a dream many people have, and Costa Rica is one of those places that may make your dreams come true. People from all over the world decide to make Costa Rica their home or travel there for vacation. Costa Rica, with a population of 5,139,574, attracts about 2.5 million tourists every year, and more than 50,000 North Americans live there permanently.
Buying a property in Costa Rica may be a wise investment, with the UN ranking Costa Rica as one of the happiest countries on the planet. In order to make an educated choice and help avoid bad decisions, it's important to have the right tools, know the right people, try to avoid pitfalls and follow useful step-by-step guides from those who have had success buying a property in Costa Rica.
Photo: Lake Arenal in Costa Rica
Congratulations if you have made the decision to build your real estate portfolio or follow your dreams by buying a Costa Rican property. Thanks to technology, there are online guides that will show you everything you need to know about buying a property in Costa Rica right from the comfort of your own home. These guides may include:
- How to find your dream Costa Rica property.
- Deciding whether to buy an existing property or build a new home using construction estimating software.
- Knowing your legal rights as a foreign property owner.
- Deciding whether to buy a house, condo or land.
- Choosing the right Costa Rica real estate broker.
- The buying process.
If you are new to buying international property, the first piece of advice some who know real estate in Costa Rica may give you is to focus on two locations: the Southern Pacific Coast or Lake Arenal.
Southern Pacific Coast
The Southern Pacific is an incredibly beautiful area with tall mountains covered by thick green forests. These mountains include rainforests, waterfalls, rivers and natural wildlife all in one of the most biologically intense places on earth, according to National Geographic. These mountain areas descend onto a coastline of sandy beaches where you enjoy the temperate climate marked by a dry and rainy season, which means great weather pretty much all year long.
Photo: Pacific coast of Costa Rica in Central America
There are plenty of online guides to help you buy properties in Lake Arenal. This 33-square-mile, man-made lake is dotted with communities and lakeside villages that are surrounded by forests, hills and volcanic peaks. There are several lakefront communities and lots with volcano and lake views. This area is a quiet retreat that doesn't attract many tourists and has a small, active expat community.
Photo: Panoramic view of Lake Arenal, Costa Rica
Tips for Buying Property in Costa Rica
- Take the time to do a quick search online. You should find plenty of information on everything you need to know before you start buying a property in Costa Rica. Taking this step is crucial because you need to know about certain things such as the asking price, knowing what you are paying for, knowing what to buy when using construction materials provided in software design plans, restrictions, as well as titles and insurance.
- Make sure that you have a clear understanding of what you are getting into before moving forward.
- You should never expect the laws in Costa Rica to be the same as in your country.
- You will have to make accommodations as a foreign resident.
- Be particularly careful when looking at guides giving instructions on how to buy oceanfront property in Costa Rica.
- Understanding laws that protect certain areas and do not allow foreign buyers.
Photo: Jungle in Costa Rica
Guides Listing Pros and Cons
Don't just rely on a guide that tells you Costa Rica is going to be the perfect tropical paradise and everything is going to be fabulous as soon as you arrive if you follow their guide. Although the paradise part may be right, you still have to weigh the pros and cons for any property investment.
Some guides may leave out the negative aspects of property buying in Costa Rica. Look for ones listing the cons, such as stress, weather or unforeseen budget overruns, which are common among any construction project. Taking this step can help you foresee any problems that could occur during the buying process.
Photo: Beautiful serene view from a hilltop in the Costa Rican Southern Pacific Coast
Get a Guide and Take the Next Step
Making a decision to buy a property in Costa Rica is an exciting choice. Make sure to choose the right guides that include up-to-date technology and provide all the information you need to start your journey. Remember that a detailed, useful guide will provide you with everything needed to make your Costa Rica investment a reality.
Photo: Sloth climbing a tree in Costa Rica
Photo (main): Central Valley of San Jose, Costa Rica
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This article brought to you by CostCertified.