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Frequently Asked Questions
Yes. Foreigners have the same ownership rights as Costa Rican citizens, except for certain restrictions in maritime zones.
Financing is possible, but it’s more limited than in the U.S. Many buyers pay cash, use private lenders, or obtain financing from their home country.
No. You can purchase property without residency or citizenship.
The process typically involves making an offer, entering into a purchase agreement, conducting due diligence, and closing through a notary public who handles the legal transfer.
Yes, but they are relatively low—generally around 0.25% of the registered property value annually.
It includes verifying title, checking for liens, confirming zoning, utilities, and ensuring the property is legally transferable.
Absolutely. A local real estate attorney is essential to protect your interests and guide you through the legal process.
Yes. Closing costs typically range from 2.5% to 4% of the purchase price, depending on the structure of the transaction.
Yes. Many owners rent their properties short-term or long-term, but local regulations may apply depending on the area.
The main risks are lack of proper due diligence, unclear title, or misunderstanding local regulations. Working with the right team helps avoid these issues.
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