If you are over 50 years old and move to Costa Rica, there are a few things that you should consider for your retirement dream home before you buy or rent. Some people are still quite fit when they’re 90 years old. Others, as soon as they retire, start having all kinds of medical problems.…
It’s amazing how many emails we receive from future expats who ask about financing a business purchase or a startup. Lots of people who would love to move to Costa Rica but don’t have enough money to start or buy a business to make a living. A great option for those who don’t have enough…
A repeating real estate FAQ is how you can safely buy from a real estate developer in Costa Rica. Often buyers of property in Costa Rica do not know how to protect their money. It is not so easy to make sure the promises by real estate developers will be fulfilled. Most real estate developers…
Don’t you agree that homes with exotic hardwood cabinets look better? Well, they also sell better! Hardwood is not so easy to find anymore, not like it was in the 1900s. Nonetheless, homes with exotic hardwood cabinets are still loved by many home buyers in Costa Rica. Our agents get special requests from homebuyers that…
I encounter unprepared property owners quite often, but they’re only a few minutes away. I don’t list properties that are more than 10 minutes away from my office anymore. Lazy? No, not really. Just getting sick and tired of so many unprepared property owners. And I’m not willing to drive 30 minutes to get there…
Income producing properties in Costa Rica are always attractive to foreign investors. We do have quite a different market than most would expect. So it’s important to be well-informed before making the big step. Savvy real estate investors know perfectly well what type of income producing properties are worth looking at and what questions to…
The perfect business for your retirement – a self-storage warehouse. There is a high demand for self-storage warehouse rentals, a business that’s becoming more interesting as condos become smaller. Every high ROI generating business in Costa Rica generates a lot of work, controls, and headaches. Well, this one does not! We all like to find…
Are you amongst the more than 250,000 corporate owners whose corporation was dissolved by the Public Registry for non-payment of the Corporate Tax? If your corporation was dissolved by the Public Registry, what happened to your property? During the real estate boom of 2007-2008, real estate developers set up corporations so that their clients, could…
Estimated Reading Time: 5 Minutes Soon, landlords will have to give tenants a rent invoice for rent paid. It seems that the good times that rental income will go unseen by the Costa Rican tax authorities are over. Resolution DGT-R-012-2018 obliges landlords to give an electronic rent invoice for each rent paid by the tenant…
You might have some doubts about the going real estate commission rate in Costa Rica when looking to list your property for sale. Let’s clear this up once and for all. The going real estate commission rate in Costa Rica is anywhere between 5 and 10% plus 13% VAT or IVA in Spanish. This commission…
When moving to Costa Rica, you may not know if you will rent or buy. Is purchasing a house in Costa Rica what you really want? A few will get suckered in by a realtor into buying right away, even when they had planned to rent in the first place. Before you make the commitment…
Is renting or buying better is a Costa Rica Real Estate FAQ that you can grow old discussing. The answer to the question if renting or buying is better is not the same for everyone. This depends on a large number of circumstances and options that differ from person to person. It depends on your…
Even those who are born and raised in Costa Rica, are confused about where to live in San Jose. Decades ago, those who were living in San Jose moved out and now some (or their children) are moving back again. What the heck is going on? Those who have never been to Costa Rica might…
Markets are up and down, all the time, so learning why to reduce your home price when it doesn’t sell, is a good thing. Of course, when selling your home, you love to get the best price for your home. But if no one buys, having to reduce your home price is for sure the…
“I immediately loved the sounds and smells of Puerto Viejo,” expresses Ruby about what drew her to buy a Puerto Viejo house inspired by nature. “We had taken vacations on the Pacific coast of Costa Rica for years. But when we discovered the Caribbean side back in 2006 … Wow!” The beaches around Puerto Viejo…
Do you enjoy playing golf and want to know where to find a golf community in Costa Rica? A very important Real Estate FAQ by golf players is the question if you can live on the golf course in Costa Rica or not. As you know, you can play golf in Costa Rica all year…