What Should I Know About Buying In Costa Rica?


Filed under Buying Property

Assumption kills the deal. 

In my dealings in investing in foreign countries, assuming that something is included with a property usually will end in disappointment. 

It is always better to be safe rather than sorry, and one way to do this is to be crystal clear about what is included in the purchase, and what is not.

Assumptions will often end up in the seller’s favor, which, as a buyer, isn’t where you want the balance of power to be.

Things to consider:

  • Public or private roads?
  • Electricity?
  • Water?
  • Is the land clearable? (Many trees cannot be cut down)
  • How does the region change from season to season?
  • Does the seller own the property?  Can they prove it?
  • If a development, will there be annual dues?

Comments

22 Responses to “What Should I Know About Buying In Costa Rica?”

  1. Real Estate News And How to » Buy Your Costa Rican Home on December 24th, 2008 10:53 am

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  2. Buy Your Costa Rican Home | Expert Realestate Tips and Advice on December 26th, 2008 7:34 am

    [...] of life than you may be used to and in order to minimize the culture shock when you decide to buy homes for sale in Costa Rica, it is important that you learn a few things about how Costa Ricans [...]

  3. Buy Your Costa Rican Home on December 26th, 2008 10:47 pm

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  4. Costa Rican Property: What to Know Before You Buy | Homes on December 27th, 2008 12:44 am

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  5. Homes for Sale in Costa Rica | Salt Lake City Real Estate Blog on December 27th, 2008 8:40 pm

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  6. Real Estate Ranger News » Blog Archive » Homes for Sale in Costa Rica on December 27th, 2008 11:41 pm

    [...] of life than you may be used to and in order to minimize the culture shock when you decide to buy homes for sale in Costa Rica, it is important that you learn a few things about how Costa Ricans [...]

  7. Costa Rican Property: What to Know Before You Buy on December 28th, 2008 2:53 am

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  8. Condominiums For Sale, Foreclosure Purchase » Homes for Sale in Costa Rica on December 28th, 2008 6:20 am

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  9. Mortgage Help » Blog Archive » Buy Your Costa Rican Home on December 29th, 2008 10:52 pm

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  10. How Are Costa Rican Homes Different on December 31st, 2008 11:21 pm

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  11. Homes for Sale in Costa Rica | Property Investment on January 2nd, 2009 2:56 pm

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  12. Paver Blocks » Blog Archive » How Are Costa Rican Homes Different on January 4th, 2009 11:39 pm

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  13. Costa Rica Homes for Sale | Realestate on January 6th, 2009 1:50 am

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  14. Costa Rica Homes for Sale | My House on January 6th, 2009 6:59 am

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  15. » How Are Costa Rican Homes Different | Bad Credit Real Estate on January 7th, 2009 10:06 pm

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  16. Costa Rica Homes for Sale | Buy a House with Bad Credit on January 9th, 2009 11:05 pm

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  18. How Are Costa Rican Homes Different » Real Estate - Looking For That Prime Real Estate Property Location on January 17th, 2009 12:07 am

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  19. Buy Your Costa Rican Home | Real Estate on February 8th, 2009 8:07 pm

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  20. Costa Rican Property: What to Know Before You Buy | Classic Homes on February 9th, 2009 11:23 am

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  22. Realty Newz » Blog Archive » Costa Rica Homes for Sale on February 15th, 2009 11:44 pm

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