99% of what you need to know before buying real estate in Costa Rica

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THE COSTA RICAN PROPERTY MARKET IN 2024

If you're thinking about buying property in the Rich Coast, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Costa Rica.

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PRICES, RENTS AND YIELDS IN COSTA RICA IN 2024

What's the average cost of a house in San José? Where can you find the best yields in Costa Rica? How much rental income can you expect?

This report will give you solid answers, using data sourced from our analysis of over 4,100 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Is it a good time to invest in property in Costa Rica? Some might suggest so, but Costa Rican friends might differ. Remember, opinions are like ideas and may not always be very certain.

In this document, we take the last notable trends in Costa Rica (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Bad investment decisions in Costa Rica always seem to follow the same pattern. But if we analyze certain key factors, we can easily determine if an investment is likely to fail or not. Wondering what to pay attention to? This document has all the answers for you.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Costa Rica? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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27 CONTACTS IN COSTA RICA

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Costa Rica. From A to Z, we've got you covered.

Inside this document, you'll have access to: Costa Rican real estate agents, property listing websites, Costa Rican real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Costa Rica.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Overlooking property restrictions in 'Zona Marítimo-Terrestre,' misunderstanding 'Concession Land,' and neglecting due diligence... there are challenges to be aware of when buying property in Costa Rica.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Do you understand the purpose of a 'Registro Público' in Costa Rica? What should you consider when obtaining a 'Certificación de Gravámenes'? Have you heard of 'Usucapión'?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Costa Rica, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Costa Rica. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

Renting out your place quickly in Costa Rica? Understand their common practices.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON GUANACASTE

If the view of Pacific beaches and lush landscapes captivates you, enjoying Costa Rican gallo pinto is a pleasure, and you're captivated by a blend of relaxation, adventure, and natural wonders, Guanacaste invites.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.

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FOCUS ON SANTA ANA

If exploring colonial architecture and local markets intrigues you, savoring Salvadoran pupusas is a treat, and you're captivated by a blend of historical charm and vibrant local culture, Santa Ana might be for you.

Uncover the region's advantages and disadvantages, projected yields, insights into the short-term rental market, prime locations for competitive prices, etc.

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FOCUS ON TAMARINDO

Looking for an investment in Tamarindo? Read our report first.

After reading this report, which will take you around 20 minutes, you'll have 95% of the knowledge you need to make the right choice about investing in property in Tamarindo.

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FOCUS ON SAN JOSÉ

If the blend of historic neighborhoods and contemporary city life intrigues you, indulging in Costa Rican casado is a treat, and you appreciate a mix of cultural heritage and urban vibrancy, San José awaits.

This report, like the rest of the pack, has been updated with fresh information and inside knowledge. To be clear, it took us a while to gather all the details. But we've organized it neatly so you can easily get all the info you need. Have a nice read!