Real Estate

  • Selling Your Property For Dummies

    Selling Your Property For Dummies0

    Someone I appreciate once told me that there are five P’s for success in a Real Estate Deal, those P’s translate to: Prior, Planning, Prevents, Poor and Performance. In order to avoid a Poor Performance on the sale of your house, please follow these useful tips: Hire an agent who knows the market  In Costa

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  • Benefits of Conciliation and Mediation vs. Litigation

    Benefits of Conciliation and Mediation vs. Litigation0

    If you have ever been through a litigation process, you know how time-consuming and expensive it can be. If you’ve ever had to do it at Costa Rica’s snail speed, we share our sympathies. For a bit of background, the Judicial System and the Ministry of Justice and Peace have been promoting and encouraging the

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  • Is your Costa Rican Real Estate broker legit?

    Is your Costa Rican Real Estate broker legit?0

    Real estate agents and brokers in Costa Rica are in a very particular situation legally. While their occupation exists in practice and they even have an official Chamber (Cámara de Corredores de Bienes Raíces de Costa Rica), their occupation (as of today) has not been legally described or typified in any manner in the law.

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  • Restrictions on Property Ownership and Use0

    Both Foreigners and Costa Rican nationals enjoy equal rights under the law when it comes to land and property ownership, unless the owner bought the land as part of a government program. In such circumstances, the land can only be traded or sold to foreigners once the original owner has owned it for a specified period

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  • Does your property have water? Let’s talk about it0

    In Costa Rica all water is owned by the State, so ideally, water availability should not be an issue. However, as you may already know, in practice that is not the reality. Costa Rica, although a tropical and fairly humid country, has severe droughts at certain times of the year, and, of course during those droughts, water

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  • Declaring the value of your property, and what happens if you don’t0

    One of the most common misconceptions when buying a property in Costa Rica is believing that once the property has been purchased, the only thing to worry about is paying for utilities on the house and any corresponding taxes on the property. However, like many things in Real Estate Law, the devil is in the

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