Buying checklist

Before buying property in Costa Rica don’t forget to check these issues or better have them checked by a trustable lawyer. Verify

  • that the seller is the registered owner and that you can legally buy the property
  • that the property is registered as a separate entity. The vast majority of properties are registered in the Registro Nacional. If a property is not recorded, give it a month or two and make sure that the seller registers it properly!  After all, Costa Rica has quite fast and straightforward procedures:
    realestateprocedure
Source: Worldbank.org

  • if there are any environmental regulations that may effect your construction project, such as national wildlife refuges and areas protected by the Costa Rican forestry law
  • if the lot has access to
    • water (either public or own spring water) and
    • electricity (if no electricity runs to the property, find out what the cost would be to bring it to the property )
    • It’s not really necessary to hope for a landline telephone connection. The nicest places often are too remote to lay cables. So just use a satellite-based Internet access and mobile phones
  • that there are no restrictions on the lot that could result in the denial of a construction permit. It might not be enough to check the Public Registry. You should also check with
    • the municipality where the property is located (municipalidad)
    • the Ministry of Health (Ministerio de Salud)
    • the Ministry of Public Works (Ministerio de Obras Públicas y Transporte) for planned road construction projects
    • the National Institute of Housing and Urban Development (Instituto Nacional de Vivienda y Urbanismo)

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