If you're looking to invest in a condo in Playa Hermosa, Guanacaste, Costa Rica, you'll find a variety of options to suit different budgets and preferences. Whether you’re after an ocean view, proximity to the beach, or a budget-friendly choice, there’s a condo community here for you.
Ocean View and Beach-Access Condo Communities
Bella...
Wondering how to make an offer on Costa Rica real estate? This guide covers the crucial steps you need to follow when making an offer on Costa Rica real estate. We’ll show you how to research the market, find a reliable agent, draft an offer, and understand legal requirements. Following this guide will help you make a confident and informed offer...
Understanding Property Ownership in Costa Rica
In Costa Rica, property ownership tends to follow a common pattern. Generally, one-third of property owners are expatriates living here full-time, having made paradise their permanent residence. Another third are "snowbirds" who spend 3 to 6 months here during the colder seasons in North America,...
An Overview of this Master Planned Community
The exclusive gated community of Pacifico is a 175-acre master-planned community built to U.S. standards and is the vision of The Jack Parker Corporation, a privately owned, U.S.-based real estate development company founded in 1955 with real estate holdings that include Le Parker Meridien hotel in...
Government taxes and stamps take the main load. Law Firms and Escrow Services charge flat fees based on transaction.
In Costa Rica, real estate transfer of properties are normally handled by law firms (Video). Unlike other jurisdictions, only Costa Rican Public Notaries (who are always registered local Attorneys) can interact with the Property...
Property Taxes: The Basics
Buying property in Costa Rica comes with a perk—property tax on "Fee Simple Title" properties is just 0.25% of the fiscal value recorded with the local municipality and national property register. These taxes help fund local municipalities, unlike in some countries where the national government collects them.
How...
Costa Rica has a reputation for offering good medical care, especially compared to other countries in Central America. The country has a universal healthcare system called the “Caja” (CCSS), which provides healthcare to all citizens and legal residents. Additionally, there are private hospitals and clinics that offer high-quality medical...
Costa Rica's Capital Gains Tax and its Affect on Real Estate Assets
The capital gains tax in Spanish is called “Ganancias de Capital.” It was bound to happen! Well... it happened some years ago. Capital gains tax has been in effect since July 2019. What’s the rate? Well, the capital gains rate is fifteen percent (15%) of the gain. Being...
When contemplating moving to Costa Rica from Vancouver Island, British Columbia in 1999 most of my friends were ready to have me committed to an asylum. How could you even think about leaving this paradise.
A good friend who I admired (CEO of one of BC’s largest lumber companies) sent me a note:...
The Basics of Choosing a Building Lot
You fell in love with Costa Rica and after looking at all the built homes in the area you decided that you want to buy a lot and build. If you haven’t built a house from scratch before than this guide will be quite useful. Even If you have built a home in the past this will help you avoid pitfalls...