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A Guide for buying property in Costa Rica introduction

property types

buying process
      option agreement
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      closing & costs
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disclaimer
buying process
In matters of land and property ownership, foreigners and Costa Rican citizens have equal rights under the law (unless the owner bought the land as part of a government program or in case of Maritime zone and concession land).

Once you have decided to buy the property you like, the following are the basic steps that are followed when buying a property.

  1. Sign an Option to Purchase/Sale with seller and deposit funds into escrow
  2. Title research performed and Title Commitment issued
  3. Closing - Execution of Transfer Deed, Endorsement of Shares and/or Mortgage Deed and disburse funds
  4. Register new owner with Public Registry

The concept of Fee Simple ownership is the same in Costa Rica as in the US and Europe. Foreigners do not have to live in Costa Rica to own property here.


Adequate legal and experienced Notary is a must when buying real estate. This is not an investment you want to jump into blindfolded. There's too much money involved and too many things can go wrong.


signing the option agreement....


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