Purchase of real estate Buying real estate in Costa Rica can be an exciting investment opportunity, but there are a few important factors to consider to ensure a smooth process. 1. Land registration: The first key factor is the registration of the property, which must be ensured that it is correctly registered in the national …
If you’ve come across this blog, you’re either already living in paradise Costa Rica or you’re seriously considering settling here. Either way, there’s no denying that Costa Rica’s pristine maritime zones, where sun-kissed beaches and turquoise waves attract travelers from all over the world, are a sight to behold. Step out onto Costa Rica’s sun-drenched …
What documents are important when buying real estate? When buying a property, it is important to obtain all the necessary documents from the seller to ensure that the purchase is legally and technically sound. Here are the most important documents you should receive: Building permit: This document confirms that the building has been constructed in …
When buying in Costa Rica, the following generally applies: you do not need to have a residence permit to purchase a plot of land equal employment conditions for foreign persons Property titles are registered in the National Registration Authority (Registro Nacional: www.rnpdigital.com): Request inspection by a notary Requesting a cadastral plan is essential (topographer) Cadastral …
How does buying a plot of land in Costa Rica work? Verification of all entries: land registry, owner, debts Pre-sale contracts: set terms and conditions. Usually a deposit of 5-20%. Escrow is recommended in any case. Due diligence period. Read more here Notarized Contract of Sale: Transfer of Ownership. Takes about 2 weeks-| Month. Registration …
The following things must be considered during due diligence in Costa Rica! correct owner Investigation of property boundaries the division of land Irrigation access to and provision of utilities such as water and electricity is particularly important in certain regions and in general. legal access from a public road Soil stability testing
A password will be e-mailed to you
