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Do Hurricanes damage property in the Southern Caribbean of Costa Rica?

Several clients have already asked me if hurricanes damage property in the Southern Caribbean. One important reason is that Costa Rica is often confused with Puerto Rico. Costa Rica is NOT an island, it is a country in Central America, in between Panama and Nicaragua. In Puerto Rico hurricanes damage property quite often. Costa Rica…

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Double accounting customary on investment property in Costa Rica

Many businesses and investment property in Costa Rica have a double accounting system. One is for the tax authorities and another for the business owner. Naturally, there is a significant difference between the official records and the reality. Investors who find an interesting investment property online, first send an email to the listing agent. That…

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Are Gringo prices for Costa Rica property a myth?

Is having to pay Gringo prices for Costa Rica property a myth or are they real? Often, foreign buyers ask “What’s the difference between Gringo prices and Tico real estate prices”? It is quite common to hear ridiculous statements like “real estate agents sell more expensive”. You’ll pay Gringo prices for Tico properties. We can…

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