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Lake Arental, Costa Rica

What do I need to know when buying property in Costa Rica?

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When we asked expats what advice they would give a foreigner before buying a property in Costa Rica, they said...

"ONLY hire a commonly recommended Attorney Notary who has been recommended by a few Expats. DON'T take risks with any Attorney. DON'T take risks or trust ANYONE! Ensure the Attorney fully checks the property has ZERO issues with it (unless it has 1 or 2 that are negligible). Don't trust anyone with your money. Do your Due Diligence on the Realtor," said a member in Costa Rica.

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"Travel around and find the area you want first. Use tools like www.vrbo.com to see what the rental rates are in the area you are interested in -- and be sure to look at the calendars of availability to see how well they are booking. Visit the forums like Expat Exchange or Costa Rica Living and ask plenty of questions. Compare listings from a variety of sources and use tools like Google Translate to look at listings in Spanish as well. Seek the advice of folks like me -- make sure they have bought and sold for themselves and don't just have a good imagination," remarked another expat who made the move to Southern Pacific region of Costa Rica, Costa Rica.

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What do I need to know when buying property in Costa Rica?

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About the Author

Joshua Wood 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.

Lake Arental, Costa Rica
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