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Where are the up and coming places to buy real estate in Costa Rica?
Aug
18
2008
OuiOuiChica17 asked:
Costa Rica seems to be the hot spot to buy in. Do you think the market has topped out? If no, where are the good places that are real up and coming where I should invest?
Posted by Steve
Costa Rica seems to be the hot spot to buy in. Do you think the market has topped out? If no, where are the good places that are real up and coming where I should invest?
Posted by Steve
Answer #2
Be very careful about investing in real estate in a foreign country.
You should never rely on “advise” on the internet for something like this.
Land fraud is very common in Costra Rica and you must have a
corporation there to own land. Only a lawyer in Costa Rica along with an accountant can set this up for you.
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Answer #1
wow there are many places to buy in costa rica one of my clients is a real estate agency and they have Houses near San Jose, some projects in the beaches, and some other stuff…. Costa Rica.. I can get you in contact with that agency they have packages with information at hand.
Yes you need to be cautious when investing in foreign countries alike within the United States. You don’t need to have a corporation, all you need is to be labeled a resident which you can do through the Costa Rican Consulate withing the USA. and a Notary can act as the Attorney when purchasing, flipping, or renting a house in Costa Rica. its the same as within the USA.