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Costa Rica’s pristine beaches, beautiful nature and thriving local economy have driven many people to call Costa Rica their second home. The country has thrived in recent years and owning a home in Costa Rica is an affordable luxury.
More than 20,000 U.S. expatriates already live in Costa Rica. The wide range of scenic landscapes and microclimates make Costa Rica a dream for people looking for a vacation home.
Covering 51,000 scenic square kilometers, Costa Rica is a safe place to call home. There is a low incidence of violent crime. Outside the capital city there isn’t much crime of any kind. It is a country with amazing people, a high standard of living , and an exciting blend of local and foreign cultures.
The people of Costa Rica are recognized across the world for being authentically friendly and helpful. Many people choose to retire in Costa Rica, benefiting from excellent healthcare and relaxation.
The country is considered to have one of the best low-cost medical care systems in the world. Residents of this beautiful country reduce their daily stress and enjoy a peaceful life in the tropics.
A quarter of the country is preserved in natural parks protected by the Costa Rican government. Whether you enjoy picturesque beaches or active volcanoes, rainforests and jungles, or quaint villages to bustling infrastructures, Costa Rica truly has something for everyone to enjoy.
Costa Rica boasts one of the best year-round climates of anywhere in the world, so you can enjoy your favorite outdoor activities any time of the year. If you choose to purchase real estate in Costa Rica by the beach, it is important to expect heat.
It is not uncommon to have temperatures of above 90 degrees with extremely high humidity. Homes in the Central Valley of Costa Rica is far more temperate, with temperatures around 70-80 degrees being more common.
Real Estate in Costa Rica has never been more accessible. Unlike many other tropical destinations, Costa Rica allows foreigners the same rights when purchasing land. You are allowed to own property in your own name, or in the name of a corporation. However, in the purchase of beachfront property a local partner is necessary when buying.
The process to purchase a home as an expat is fairly simple. The first step is to find your dream home, working with a Real Estate Agent. Then have them submit an offer to purchase to the Seller or the Seller’s listing agent.
In this submission you will agree upon the sales price and basic terms of the deal. When the offer is accepted you will need to hire a Costa Rican attorney where they will draft the formal Sale and Purchase agreement. If this is accepted, the closing document will be drafted. This step must be done in front of a Costa Rican notary public, who will then register the property under its new ownership.
Costa Rica's high-end housing market continues to grow rapidly as foreign homebuyers flock in to purchase homes. Higher housing prices in North America are driving home buyers to purchase in Costa Rica. Luxury homes are available for much less than in the United States and Canada.
In Santa Ana, a 3-bedroom family home costs about $212,000 USD
In Ojochal, a similar property might cost around $265,000 USD
In Tamarindo, 3-bedroom houses are priced at $375,000 USD
There are also many tax advantages you can benefit from after moving to Costa Rica. Home buyers pay no capital taxes on real estate, business taxes are minimal, and most bank accounts are tax free. Property taxes are very comparable with North America, you’ll pay just 0.25% of the value of your property per year.
There are many beautiful homes for sale in Costa Rica, ranging from luxury villas to urban condos.
Owning Costa Rican real estate allows you to discover a new country full of beautiful cultural traditions and customs. The Costa Rican lifestyle has been extremely influenced by spanish culture.
The official language of Costa Rica is Spanish, however there is many local indigenous languages such as Bribri. However, English is taught in the local schools and is the second language of the country. Most of the population of Costa Rica identifies as Roman Catholics and there are several religious festivals in the country each year.
Education is very important to the local citizens as a large amount of the country’s gross domestic product is dedicated strictly to education. Costa Rica has a 96% literacy rate, which is very impressive for a developing country.
The local Costa Rican cuisine is a combination of Spanish, South American, Caribbean, with North American influences and flavour. You don’t have to go far for some of the country's best meals, there are fabulous restaurants and nightlife all over Costa Rica.
Our boutique real estate brokerage firm can easily help you find the house you have always wanted in Costa Rica. Let us help you achieve your real estate objectives in a beautiful tropical paradise.
We Invite you to meet our professional agents and preview our online portfolio of properties in scenic Costa Rica.
The Costa Rica Real Estate market is growing at a very fast rate. Costa Rica has become one of the goto places to live. If you are interested in looking at Costa Rica Homes for sale, contact us today!