🌴 Buying Property in Costa Rica: No-Stress, Pura Vida Process🏡

Dreaming of owning a slice of tropical paradise? You’re not alone—and yes, you totally can.

Buying property in Costa Rica is possible for foreigners, and the process can be surprisingly

straightforward if you’ve got the right team and some local know-how.

So, let’s break it down—the fun, the facts, and a few tips to help you glide through the process

like you’re on a hammock by the beach.

🧭 Step 1: Choose Your Location (and Your Vibe)

Costa Rica has something for everyone—from surf towns like Tamarindo and Santa Teresa, to

lush mountain retreats in Atenas or eco-oases near Lake Arenal. Think about your lifestyle:

● Want to surf every day? Head to the coast 🌊

● Prefer cool temps and valley views? Try the Central Valley 🌄

● Looking for rental income? Stick to high-tourism zones 💸

Insider tip: It’s worth spending time in different areas before choosing. Costa Rica’s

microclimates can surprise you.

🔍 Step 2: Find a Trusted Realtor (Hint: That’s Me 😉)

Costa Rica’s real estate market isn’t regulated in the same way you might be used to—"Costa

Rica’s new centralized MLS is changing the game—finally helping us tell the difference between

seasoned pros and folks who just watched a few episodes of ‘Selling Sunset.’ Technically,

anyone can call themselves an agent here.

But here’s the difference: when you work with an agent who’s a legal resident, registered

with SUGEF, and—while not required—is also a member of a professional association

like CRGAR or CCCBR, you’re choosing someone who plays by the rules. Bonus points

because they’re also a member of the National Association of Realtors (NAR). Agents

who check all these boxes are held to a higher professional standard, and yes—there’s

actual accountability.

💵 Step 3: Get Clear on Your Budget

Cash is king in Costa Rica—but that doesn’t mean you’re out of luck if you need financing.

Here’s the deal:

● Most purchases are cash

● Owner financing is sometimes available

● International lenders or HELOCs from your home country can be options

● Costa Rican banks finance non-residents, and the process is... let’s just say “slow.”

● American based mortgage companies are now financing US non`residents

Don’t forget to budget for:

● Closing costs (3–4%) which include :

● Legal fees

● Property transfer tax

● Notary

● Escrow

Additional fees :

● Home inspection (yes, do one!)

● Topography report

● Optional corporation setup

✍️ Step 4: Make an Offer & Go Under Contract

Once you find your dream property, your agent will help you:

● Negotiate the offer

● Prepare a binding Option to Purchase contract

● Open escrow with a licensed third-party company

● Initiate due diligence with a trusted attorney

Most offers include a deposit (typically 10%) and a 30- to 60-day closing timeline.

🕵 Step 5: Due Diligence Time

This is where your legal team shines. They’ll:

● Confirm title and ownership

● Check zoning and land-use regulations

● Review corporate structures (if the property is owned in a corporation)

● Verify utilities and building permits

● Run a lien and litigation search

If anything’s off, you’ll have a chance to walk away and get your deposit back.

✅ Step 6: Close & Celebrate!

Once due diligence is complete, you’ll sign the transfer deed (in person or via power of

attorney), funds are released from escrow, and the property is officially yours!

Cue the happy dance. 🥳

You’ll receive the deed recorded in the National Registry under your name or your corporation,

and voilà—you’re a property owner in Costa Rica.

🌟 Bonus Tips:

● Hire a reputable attorney—always. I have a solid team ready to guide you through the

process.

● Visit before you buy. Photos can’t capture everything (like how loud that nearby bar is).

● Ask about HOA fees, utilities, and property management if it’s a vacation home.

● Consider rental potential if this is also an investment.

● Know the rules for foreigners—you have equal property rights, except for concession

land in the Maritime Zone.

Ready to Buy in Paradise?

Let’s make your Costa Rica property dreams a reality. Whether you’re looking for a beachfront

escape, a jungle hideaway, or an investment opportunity, I’ll guide you every step of the way.

Schedule a free discovery call and let’s talk about what’s possible.

Contact Me