Estimated Reading Time: 6 Minutes There is more than just one eco-community in Costa Rica; who could have guessed? Is living in an eco-community or agrihood an option for you? I invite you to do your homework; reading this article is a good start. Costa Rica is green. 26% of our country is devoted to…
Estimated Reading Time: 9 Minutes Who doesn’t want to find a great deal when looking for a new home away from home? We all do, right? But how do you know it is such a great real estate deal when the seller or real estate agent tells you it is? We all want to find…
Estimated Reading Time: 4 Minutes When sellers assist their realtor and listen to the suggestions made, the house will sell faster and at a better price. Unfortunately, in Costa Rica, sellers rarely do anything to present their homes for showings. This behavior has a lot to do with the informal market that we have here.…
Estimated Reading Time: 4 Minutes If you want to save time and effort during your property search in Costa Rica, it’s essential to learn how to assist your realtor better. Buying a house can be exciting yet emotional, and if you’re planning to buy your first house in Costa Rica, you should hire the experts.…
Estimated Reading Time: 8 Minutes The lack of knowledge and the excitement of buying land you fell in love with are common reasons for rushing into a purchase and making costly or fatal mistakes. Buying land is pretty simple for those who do it all the time. But even experienced buyers from other latitudes should…
Estimated Reading Time: 7 Minutes Why is a price-cutting trend so rare in Costa Rica real estate? There are several reasons. In typical real estate markets, it’s a buyer’s market when the inventory is high, and it’s a seller’s market when the inventory is low, right? Well, the Costa Rican real estate market is not…
Estimated Reading Time: 8 Minutes Hotel ownership in Costa Rica is quite different from what it is in other exotic destinations worldwide. I am the American-European affiliate for the Southern Pacific area of Costa Rica, and I have listed and sold quite a few hotels during my real estate career. Over the years, I have…
Estimated Reading Time: 5 Minutes Before jumping into the unknown, first, learn a few important facts about buying a property in Costa Rica. We now have a sellers’ market; therefore, some buyers jump on the property too fast without even knowing what they are doing. Too much money is at risk, and not doing your…
The safest way to buy real estate in Costa Rica is through escrow services.
These services are a secure way to transfer funds between a seller and a property buyer. The escrow company is a third party that handles these funds in return for a fee. This fee is usually 0.25% of the funds to be wired, with a minimum of $900.
Estimated Reading Time: 3 Minutes Everybody wants to buy a beach home or condo in Costa Rica now, which is why we have the lowest inventory we have ever had before. Better said, since June 2021, the rush on beach property in Costa Rica has started. We have 13 affiliates on over 800 miles of…
Estimated Reading Time: 6 Minutes Is renovating in Costa Rica difficult, or is updating a lot easier? While housing is more affordable in our beautiful country, most foreigners who need to renovate a home have their own standards. But renovating a house is a much larger headache than just updating. You will be jumping through…
Estimated Reading Time: 4 Minutes Adding or changing a bathroom vanity can be a quick way to freshen up a bathroom. Instead of shopping for a more modern home, you can simply upgrade, which doesn’t take too much time and money. A double sink bathroom vanity not only provides peace in a marriage or between…
Estimated Reading Time: 8 Minutes Watch out for mud or landslide! A landslide can make your property disappear overnight; did you know that? The image on the left is in Cinchona, where an earthquake in January 2009 – Richter magnitude 6.2, took 34 lives and destroyed many properties. Buying a property in Costa Rica is not…
Estimated Reading Time: 5 Minutes Although open house showings are not very common in Costa Rica, it is one of the most cost-efficient ways to do so. There are many reasons why open house showings are hardly ever done here, but we won’t get into that now. An open house allows buyers to observe the…
Estimated Reading Time: 4 Minutes If you don’t know where to start when searching for a real estate agency, this MV Realty’s Guide is your solution. Purchasing a property is one of the wisest investments you can make. The purchase allows you to enhance your equity, take advantage of tax breaks, gain more personal freedom,…
Estimated Reading Time: 4 Minutes For years, lawyers have recommended using a corporation for property ownership in Costa Rica for resident and non-resident foreigners. For many years, lawyers recommended a corporate structure to own a property because of personal liability, estate planning, tax planning, and a few other reasons. Also, real estate developers used to…