Real Estate in Montezuma, Costa Rica
Last updated on Mar 10, 2024
Summary: The most desirable neighborhoods in Montezuma, Costa Rica are Playa Grande, Playa Los Cedros, and Playa Montezuma. On average, a nice 2 bedroom home in Montezuma can cost anywhere from $150,000 to $400,000 USD, while a nice 3 bedroom home can cost anywhere from $200,000 to $500,000 USD. These properties typically include modern amenities such as air conditioning, a pool, and a terrace. Foreigners are allowed to own property in Montezuma, but there are certain restrictions. For example, foreigners are not allowed to own property within 50 meters of the beach. The best way for an expat to search for a home to buy in Montezuma is to use a real estate agent or a property search website. It is also important to research the area and the local laws before making a purchase.
How do I find a place to live in Montezuma?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One way to find a place to live in Montezuma is to search online for rental listings. Websites such as Airbnb, VRBO, and HomeAway offer a variety of rental options in the area. Additionally, there are many local real estate agents who specialize in helping people find a place to live in Montezuma. It is also possible to find a place to live by asking around in the local community. Many people in Montezuma are willing to rent out their homes or apartments to visitors," said one person in Montezuma.
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RelocateNow Costa Rica's clients who run through the RelocateNow Program get quick results in formulating and successfully executing our laid out plan for moving to Costa Rica! Expert consulting for future expats in Costa Rica who wish to fast track the process of their move by receiving the specialized information they need, trustworthy connections within the country, and high level 1:1 support through the entire process.
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What is a typical expat home or apartment like in Montezuma?
"Expat homes and apartments in Montezuma are typically located in the hills overlooking the ocean, providing stunning views of the Pacific. The homes and apartments are typically modern and spacious, with open-plan living areas, large balconies, and plenty of natural light. Many of the homes and apartments have private pools, and some even have their own private beach access. Expats in Montezuma can also enjoy the convenience of being close to the town's many restaurants, bars, and shops," explained one expat living in Montezuma, Costa Rica.
RelocateNow Costa Rica's clients who run through the RelocateNow Program get quick results in formulating and successfully executing our laid out plan for moving to Costa Rica! Expert consulting for future expats in Costa Rica who wish to fast track the process of their move by receiving the specialized information they need, trustworthy connections within the country, and high level 1:1 support through the entire process.
Click connect to have our partner contact you via e-mail and/or phone.
RelocateNow Costa Rica's clients who run through the RelocateNow Program get quick results in formulating and successfully executing our laid out plan for moving to Costa Rica! Expert consulting for future expats in Costa Rica who wish to fast track the process of their move by receiving the specialized information they need, trustworthy connections within the country, and high level 1:1 support through the entire process.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Montezuma?
If you are thinking about moving to Montezuma, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Montezuma varies depending on the type of accommodation and location. Generally, the cost of renting a house or apartment in Montezuma is relatively affordable compared to other parts of Costa Rica. Prices range from around $400 to $1,500 per month, depending on the size and amenities of the property," explained one person living in Montezuma, Costa Rica.
Should I buy or rent a home in Montezuma?
If you have not spent a lot of time in Montezuma, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Montezuma can be a great investment, as the area is known for its stunning natural beauty and laid-back lifestyle. However, it is important to consider the cost of living in the area, as well as the availability of amenities and services. Renting a home in Montezuma can be a great option for those who want to experience the area without the commitment of buying a home. Renting can also be a great way to get to know the area before making a long-term commitment," remarked one foreigner who made the move to Montezuma.
What do I need to know when buying property in Montezuma?
When we asked expats what advice they would give a foreigner before buying a property in Montezuma, they said:
"When buying property in Montezuma, it is important to research the local laws and regulations regarding real estate transactions. It is also important to understand the local tax implications of owning property in Costa Rica. It is also important to be aware of the local infrastructure and services available in the area, such as access to water, electricity, and internet. Additionally, it is important to be aware of the local climate and any potential natural disasters that could affect the property. Finally, it is important to work with a reputable real estate agent or lawyer to ensure that the transaction is conducted legally and safely," remarked one foreigner who made the move to Montezuma.
Are foreigners allowed to own property in Montezuma?
When we asked expats what advice they would give a foreigner before buying a property in Montezuma, they said...
"Yes, foreigners are allowed to own property in Montezuma. The country has a law known as the Foreign Investment Law, which allows foreign citizens to purchase and own property in Costa Rica. The law also allows foreign citizens to obtain residency in the country, and to open businesses. However, there are certain restrictions in place, such as the requirement to obtain a permit from the Costa Rican government before purchasing property. Additionally, foreigners are not allowed to own property within 50 kilometers of the coast or within 10 kilometers of the border," explained one person living in Montezuma, Costa Rica.
What appliances are typically included in a rental?
We asked foreigners in Montezuma what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Montezuma typically include a refrigerator, stove, oven, and microwave. Other common appliances include a washing machine, dryer, and dishwasher. Additionally, some properties may include air conditioning, ceiling fans, and a water heater," explained one foreigner living in Montezuma, Costa Rica.
Additional Information about Searching for a Home in Montezuma:
We asked foreigners in Montezuma what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Montezuma by looking online for real estate listings, contacting local real estate agents, and asking other expats for recommendations. They can also search for rental listings on websites such as Airbnb and VRBO, or look for postings on local expat forums and Facebook groups. Additionally, they can visit the area in person to get a better sense of the local housing market and to view properties in person," remarked one foreigner who made the move to Montezuma.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Montezuma
- Best International Schools and Bilingual Schools in Montezuma
- Public Transportation in Montezuma
- Retire in Montezuma Guide
- Best Markets in Montezuma
- 7 Tips for Living in Montezuma
- Pros & Cons of Living in Montezuma
- Cost of Living in Montezuma
- Health Care in Montezuma
- The Essential Guide to Montezuma
- Healthcare & Health Insurance in Costa Rica
- Best Places to Live in Costa Rica
- Guide to Residency in Costa Rica
- Pros and Cons of Living in Costa Rica 2024
- 2024 Guide to Moving to Costa Rica
- Members Talk about the Cost of Living in Costa Rica