Question 1

Can foreigners buy property in Costa Rica?

Accepted Answer

Yes. Foreigners can buy and own titled property in Costa Rica with many of the same ownership rights as Costa Rican citizens.

Question 2

What are the typical closing costs when buying property in Costa Rica?

Accepted Answer

Buyer closing costs in Costa Rica are commonly estimated around 4% of the purchase price, depending on the transaction structure, legal fees, transfer taxes, stamps, escrow, and other closing expenses.

Question 3

Do buyers need an attorney when purchasing real estate in Costa Rica?

Accepted Answer

Yes. Buyers should use a Costa Rican real estate attorney or notary to assist with due diligence, title review, escrow coordination, purchase documents, and closing.

Question 4

Is escrow commonly used in Costa Rica real estate transactions?

Accepted Answer

Yes. Escrow is commonly used for Costa Rica real estate transactions so that deposits and purchase funds are held securely during the due diligence and closing process.

Question 5

What areas does Engel & Völkers Costa Rica serve?

Accepted Answer

Engel & Völkers Costa Rica serves buyers and sellers throughout Sámara, Carrillo, Nosara, Guanacaste, and other select markets across Costa Rica.

Here you will find answer your questions about buying costa rican real estate, exploring the beauiful country, and finding your perfect property location.