Costa Rica investment – before the final step.
Once you found the property or home you like there are a few precautions you need to take.
Make sure you know the real value of the property. Ask around (real estate firms, agents). Find similar property and compare value, location etc.
Do not assume the seller or broker is trustworthy just because they speak English. Ask for references.
Make sure the property you are about to purchase in not part of a nation park or is subject to restricted use. There are areas near Dominical, for example, that abut a rain forest where it is forbidden to cut any trees. Find the right authority and phone them.
If you purchase raw land, be sure to get a soil sample and hire an engineer, especially if your lot has been cut out of a hillside.
If you buy in a remote region make sure you can bring electricity to the land. This can be very expensive. Also check to see if the water supply is good in the area.
Do not rely on a verbal contract if you decide to make an offer. Get everything in writing.
Check out your neighbors.
Ask about the region, region value etc
If buying in the city it is extremely important to be familiar with the neighborhood where you decide to buy. Make sure you are not buying in a crime-ridden area. That will only apply if you are not in the drug or gun business
Just joking.
Feel free to add anything that we’ve omitted.
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Purchasing a home in Costa Rica? First visit and explore with Pacifico’s Fly & Buy program. PACIFICO, is located in Playas del Coco, Guanacaste, Costa Rica.
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Hi
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Goodbye
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