Estimated Reading Time: 3 minutes There are hundreds of articles online about financing property in Costa Rica. Most articles are outdated, and few have the correct information. That’s why you should do your own homework by calling around if you’re looking for a mortgage to purchase property in Costa Rica. Financing property is very easy…
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…
Estimated Reading Time: 6 Minutes Questions like “we were wondering if it is possible to obtain financing as I am looking to finance a home purchase in Costa Rica” and “I am interested in this property, but need to know about financing first” are very common. So in this article, I will cover the issue of being…
The advertisement on Craigslist carries the title “Take over an existing mortgage on this property, cheap financing”. The first one to answer on the ad is a foreigner, Jim Luckydeal, who plans to move to Costa Rica and has been planning to buy a Costa Rican property for quite a while. The problem has been…