Many of our clients are foreigners (Europeans and North Americans, especially) who work remotely or are retired and wish to get away from the noise of the big cities to connect with nature and access an optimal but harmonious and relaxed quality of life among the mountains of Costa Rica.
However, we understand that investing in real estate is not a decision to be taken lightly. That is why today we want to share with you 7 tips to consider if you are thinking of buying a property to build in Costa Rica.
7 tips to consider before investing in real estate in Costa Rica
- Research and familiarize yourself with the Costa Rican real estate market. Find out the prices and location of the properties you are interested in, as well as the laws and regulations related to the purchase of properties by foreigners.
- Hire a lawyer specialized in real estate law in Costa Rica to advise you in the buying process. The lawyer can help you understand the laws and regulations and make sure that the purchase process is legal and transparent.
- Look for a property that meets your needs and budget. Consider factors such as location, size, price, security, and available amenities.
- Make sure the property has all the necessary documents and permits before you buy it. This includes building permits and property deeds.
- Consider hiring a real estate agent to assist you in the search and purchase process. Although this is a good recommendation in general terms; at Brav, we can provide you with all the advice directly, without the need for intermediaries, since we have our own real estate experts.
- Find out about taxes and other costs associated with the property you plan to buy. Taxes may vary depending on the location and size of the property, so it is important to find out in advance.
- Consider hiring a property manager if you will not be living in Costa Rica year-round. A property manager can help you maintain and protect your property while you are not there.
Obviously, an additional tip is to visit Costa Rica beforehand to get to know the area where you want to buy a property. This will allow you to familiarize yourself with the local culture, people, climate, and infrastructure.
If you are a foreigner and you are thinking of buying a property in Costa Rica, we recommend you do it in Uvita. It is a coastal town with a great commercial and gastronomic offer; a multicultural and cosmopolitan community where you will find many other foreigners who have fallen in love with the Costa Rican Pacific.
In Brav, we have lots with excellent conditions, dream views, strategic location in Uvita, and the best advice throughout the purchase and construction process. We carry out direct sales of properties, without intermediaries, ensuring fair treatment and the best market conditions.
Remember that buying a property in a foreign country can be a complex process, and Costa Rica is no exception, but by following these tips you can make informed decisions to protect your investment and start a new life in the country of “Pura Vida”.
Contact us if you need more information or would like to visit Brav.
