Most condo projects in Costa Rica are pre-qualified by the banks, so the developer has all the ducks in a row for you to become a new home owner the easy way, they say. That doesn’t necessarily mean it’s as easy as they make it look like.
Even after you've closed on the purchase of a property in Costa Rica, paid your closing attorney his fees and transfer taxes, paid your bank the lender’s fees and administration fees and you are the proud new owner of a home in Costa Rica, you're still not done. Here's what you have to do next.
Even after you've closed on the purchase of a property in Costa Rica, paid your closing attorney his fees and transfer taxes, paid your bank the lender’s fees and administration fees and you are the proud new owner of a home in Costa Rica, you're still not done. Here's what you have to do next.
A consumer outlook survey by a large U.S. real estate franchise noted that while men tend to position themselves as more responsible for the financial aspects of the home-buying process, women tend to find their duties in the research and planning areas.
If retiring in a foreign country is still in your plans, let me tell you why buying real estate in Costa Rica, in spite of not being that cheap place to retire anymore, should still be on top of your bucket list!
Every country has its own rules for buying and selling a home. You don’t often buy or sell a home usually, unless you’re a real estate agent, so it is important to understand what is included and what is not included in the home purchase.
I’m sure that no matter where you live, the homes in your neighborhood were a lot cheaper in the 1980s than they are now. $250,000 would buy a heck of a house in 1980 anywhere in the world and would have bought you a mansion in Costa Rica. Now, $250K buys you a nice condo in Florida and a nice house in Atenas, Costa Rica, but not a mansion.
You probably already know that we do not have a regular MLS in Costa Rica, where you can just pick the real estate agent who suits you best to represent you as a buyer and that agent will connect with the listing agent through the MLS to show their property listings together.
You probably already know that we do not have a regular MLS in Costa Rica, where you can just pick the real estate agent who suits you best to represent you as a buyer and that agent will connect with the listing agent through the MLS to show their property listings together.
“I love that beach home for sale, but why is it so expensive?” When surfing for property in Costa Rica on a real estate website or an MLS, you will surely notice that some properties for sale are overpriced listings. Why does this happen?
