Category: Costa Rica Real Estate Topics

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Is the mortgage rate in Costa Rica damaging the economy?

Did you know that the mortgage rate in Costa Rica is outrageous? I pay 9.5% interest rate on my mortgage in U.S. dollars! Politicians have been debating, due to the elections 2018, about economic solutions for the last few months. Because the government needs money. Don’t we all? Now that Carlos Alvarado of PAC was…

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Do you need title insurance when buying property in Costa Rica?

The very first time I had any idea what title insurance was all about was in 2002. In Costa Rica, title insurance was not customary. Only INS, the local insurance company, could sell insurance, by monopoly regulations. Not until 2008, President Oscar Arias signed a new law that opened up the insurance market in Costa…

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Costa Rica Real Estate Auction – Playa Cabuyal North Pacific

Costa Rica Real Estate Auction on May 29, 2018. Learn what you need to to to participate in the Costa Rica Real Estate Auction – Playa Cabuyal North Pacific. Who hasn’t heard of the Four Seasons Resort at Peninsula Papagayo? This Forbes Five-Star luxury resort went recently through a $35M renovation. Now you can purchase 70…

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Real Estate FAQ | River setbacks in Costa Rica are unbuildable

River setbacks are restricted areas of property surrounding the rivers and creeks in Costa Rica. The law strictly prohibits to build any roads or structures on river setbacks. Prohibited also are excavation, alteration, improvement, grading, landfill, paving, and storage. INVU controls the river setbacks, so they can protect the riverbeds against destruction. Looking to purchase…

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Why is now the time to buy Santa Teresa development land?

Estimated Reading Time: 5 Minutes Now is the time to buy Santa Teresa development land if you are looking to make a good real estate investment. Raw development land in Costa Rica appreciates so much better than any other investments in Costa Rica, depending on the location. Seth Williams of RE tipster said so correctly:…

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An incredible Property Hunters tool packed full of free information

Our real estate network website provides efficiency, innovation, quality, and good service to property hunters. Are you a Costa Rica property hunter? Then you’ve arrived at the right place. This MLS is absolutely a great tool to assist you in your hunting adventures. Did you know that we have almost 3,000 active property listings on…

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Can waterfront property in Costa Rica be used to build a boat dock?

Quite often boat owners ask if waterfront property in Costa Rica can be used to build a boat dock? Can waterfront property even be bought in Costa Rica? Well, we have plenty of waterfront property. This beautiful Central American country has over 763 miles of coastline. 631 Miles are on the Pacific side and 132 miles…

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Why are lockboxes not utilized in Costa Rica real estate?

Often, visiting expats, assume we have lockboxes in Costa Rica real estate. Well, we don’t! Potential buyers and tenants assume real estate agents can make a showing appointment at the spur of the moment. Unfortunately, we don’t have lockboxes in Costa Rica. Therefore, an agent needs more time to set up a showing that you…

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Who is responsible for the condition of the house until closing day?

Estimated Reading Time: 7 Minutes Do you know who is responsible for the condition of the house is in on the closing day? You probably think that’s an easy question to answer. But it really is not, because it depends on the circumstances. This time, the circumstances were quite common: a house that has been…

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Does using price trend tools in Costa Rica real estate make any sense?

Some real estate portals offer price trend tools for those looking for comparable prices. There are many reasons there are no comparable prices in Costa Rica real estate. Statistics don’t exist either. Therefore, a price trend tool is quite the opposite of what a user is looking for. There are a few Costa Rica real…

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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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