Quite often, we receive requests for buying a hotel with no money down. This is usually a small or boutique hotel or a B & B in one of the beach areas of Costa Rica. That’s because we have a very nice inventory of Costa Rica hotels for sale. Others are asking if they can…
Starting a new business requires a lot of hard work, determination, and a learning curve. Starting a new and doing business in Costa Rica, as a foreigner, can be complicated, and often frustrating. But most of all, especially if the new business is your own, it takes balls. Big balls. I know, I started my…
You might not even know you have Costa Rican corporation problems, especially if your corporation owns property in Costa Rica. Or if you own a corporation and are not a citizen or resident. Above all, you don’t want to lose your assets in CostaRica because you are not up to date with your legal obligations, don’t…
Why not look for a fire sale property when you’re buying! If you don’t look for that fire sale property, you’ll be missing out on a good deal. How to go at it? Learn all about it here. Every buyer of property in Costa Rica wants to have a bargain. Since a fire sale property…
I started practicing law in Costa Rica in 2003. At the time, incorporating, or not incorporating a company in Costa Rica to hold real property and other assets, was a straight forward decision. Property buyers were Incorporating a Company for basically 3 reasons: 1. Limited liability aspect afforded by the corporate structure. 2. Anonymity afforded…
Caribe Sur real estate is not for everyone. Some people just hate surfing, snorkeling or just lying on the beach and sip piña coladas. It’s all about a lifestyle! Do you know what the Caribe Sur in Costa Rica is? The Caribe Sur is Costa Rica’s Southern Caribbean region. It starts around Cahuita and runs…
What is a real estate purchase option and when is it needed? Who writes up this purchase agreement? What should be in this contract? Is it legally binding? A real estate purchase option is a contract where the seller gives the buyer the exclusive right to purchase a specific piece of property. The contract stipulates…
Do you want to try renting a house as a tourist in Costa Rica? It’s often hard to figure out what’s legal and what not when renting a house as a tourist. There are so many wrong ideas about it. Nathan wasn’t sure about a lot of things, so he decided to email me: Hello,…
No one in the Costa Rica real estate market can take our place when it comes to sharing local knowledge and expertise. That’s why we publish our weekly blogs. It’s embarrassing to see so much wrong information published by many real estate websites because they lack local knowledge. Many years ago, I took on the…
Estimated Reading Time: 4 Minutes Residential real estate developers and builders in Costa Rica make promises quite easily. That’s because promises are easily made, as long as the sale is made, right! A buyer often cannot even start to imagine how difficult those promises are to fulfill. Especially in a buyer’s market, when you will…