Living Costa Rica

a Costa Rica real estate blog

Is the Hotel Business a Great Investment After the Covid-19 Pandemic?iconwht

Is the Hotel Business a Great Investment After the Covid-19 Pandemic?

Estimated Reading Time: 4 Minutes Covid-19 has interfered incredibly in the hotel business in Costa Rica over the last several years. The world watched in awe and sometimes despaired as everything we knew and loved was uprooted and changed, seemingly overnight. One industry hit the hardest by the restrictions, and new pandemic rules was the…

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The use of escrow services when buying Costa Rica real estateiconwht

The use of escrow services when buying Costa Rica real estate

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.

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8 Things to Do Before Becoming an Expat Family in Costa Ricaiconwht

8 Things to Do Before Becoming an Expat Family in Costa Rica

Estimated Reading Time: 6 Minutes Before you become an expat in any country and move here with your family, there are some important things to do first. There’s nothing like going to a beautiful getaway to help you add adventure to your routine. Costa Rica offers incredible scenery and remains a solid destination for you…

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What do to with the Earnest Money Depositiconwht

Real Estate FAQ #3 | What do to with the Earnest Money Deposit?

Estimated Reading Time: 3 Minutes What you should do with the earnest money deposit is a real estate FAQ or frequently asked question for those buying or selling Costa Rica real estate. This question arises because, in Costa Rica, it’s customary for the buyer to give the earnest money to the seller. Local buyers rarely…

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9 Steps to Updating a Home in Costa Rica Without Renovatingiconwht

9 Steps to Updating a Home in Costa Rica Without Renovating

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…

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The MV Realty’s Guide To Searching For A Real Estate Agency iconwht

The MV Realty’s Guide To Searching For A Real Estate Agency 

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,…

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6 Mistakes when Using a Corporation for Property Ownershipiconwht

6 Mistakes when Using a Corporation for Property Ownership

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…

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Tico construction is very different from US built homesiconwht

Tico construction is very different from US built homes

Estimated Reading Time: 4 Minutes Did you know that Tico construction is very different from US-built homes? I’ve seen opinions from expats who think they know but don’t. We DO have construction codes here in Costa Rica, BUT they’re only a bit different. If you don’t believe that, check out the INVU construction regulations. And…

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