Property in Costa Rica
Have you thought about
making the giant leap and purchasing beach front property as
a second home or an investment? During the past 5 years real
estate has been increasing at a remarkable 18 - 30 % per
year. How do you invest in Costa Rica beach front
properties? Read on, and I'll share my thoughts on the
guidelines to buying beach front property anywhere else in
Here's one current example of one the best deals for beach
front property that is 38 (plus acres) that could be
developed as urbanization or your own personal estate.
There are only two ways to go about buying beach front
property in Costa Rica? The wrong way, and my way. Based on
my experience of living here in Costa Rica for the last 15
years. Here are my thoughts:
Make sure the area your looking at is a place you would like
to vacation at. If you plan on making a large purchase then
spend a few days in the area to see if it is the right place
for you. You will get a more in depth idea if you spend more
time there. You don't want to in your "tropical dream
paradise" regretting that you've done it.
Find a competent lawyer
to represent your investment. Do not use the lawyer who is
associated with the buyer. Always find your own lawyer to
manage your purchase. It's important to find one that has
considerable knowledge of maritime zone law.
Costa Rican maritime law is different in every Central
American country and you need to know all of the details
before purchasing beach front property in Costa Rica. In
Costa Rica, the maritime zone is 200 meters from the average
median high-low tide all year long. The first 50m is public
property and the 150 meters from that line is restricted.
The 150 meters stretch can not have an "original title", but
can be leased by a concession by the local municipality.
Once your sure of purchasing your property act quickly (but
prudently). Since property in Costa Rica is in high demand a
good deal won't last long. Land prices are on the rise, and
not showing signs of slowing down any time soon. Once you're
sure, act. The current owner may have second thoughts and
want to renegotiate or may not want to sell.
Negotiate directly with the owner. There are many middle men
that light be charging you too much. If an agent says you
can't speak with the owner then do not waste your time or
Get a topographer to do a recent survey the land. The owner
will have a "plano catestrado", but you will need to make
your own survey to verify the location and size of your
property. You want to make sure your getting what you paid
The best of luck in your search for your beach front
property in Costa Rica!
by Bob who has been living in Costa Rica for the last 15
years. Love for the Country, culture and people make him a
reliable source for information for Beach Front Real Estate