Buying Costa Rica Real Estate

Sunday, 6 October 2013

Buying Costa Rica real estate is always a good option because of many reasons such as high interest investments, low cost of living and property taxes, and tax savings for foreign residents. The charming beaches lined with lanky coconut palms, inexpensive housing, and up-to-date medical system all make Costa Rica an excellent tourist destination. Moreover, the ownership of Costa Rica real estate is fully guaranteed by the constitution to all, even to the foreigners.

Costa Rica real estate includes properties such as coastal estates, lots, mansions, castles, luxury homes, houses, condos, resorts, hotels, farms, and vacation rentals. These properties can be acquired by a public deed. A recent survey by the Miami Herald has proved that Costa Rica stands at the position of the 27th safest country for investment, out of the 140 countries.

Some of the tips for buying Costa Rica real estate are as follows. You should define all your needs according to your budget when consulting your real estate agent. You should be aware about the basic Costa Rican real estate laws. You can be enlightened on this subject through your agent. Check the properties in detail to familiarize yourself with the local market conditions. Make some comparisons with the products and prices offered by various real estate agents. Once you are sure about the property that is to be purchased, consult a reputable real estate attorney. Complete your dealing with the help of your agent and your attorney. Don't forget to make all the documents in writing and register the transfer deeds.

There are many expert real estate companies located in Costa Rica serving real estate investors. Most of them have their own websites showing pictures and a short description about the properties. They provide facilities for you to enquire more about the properties by offering an online question and answer forums. The websites also give you a clear insight into investment and purchase real estate in Costa Rica.