Tropical Homes of Costa Rica

Buying a House in Costa Rica & Turning it into a Rental

If you are considering buying property in Costa Rica, you will likely want to think about renting it out during the time you aren’t using it with your family. Here at Tropical Homes of Costa Rica, we offer a wide variety of real estate services. Our team of Guanacaste, Costa Rica real estate experts will guide you through the process from buying to renting to ensure it’s a stress-free and enjoyable experience. Let’s take a look at what you can expect when working with our team of professionals when buying your dream property in Costa Rica.

 

Starting the Process – Buying Property in Costa Rica

 

When it comes to buying a home in Costa Rica, it will always be much easier when you work with a team of residential and commercial real estate experts. We can work with you to help you understand the legal considerations when buying a property in Costa Rica. If you are thinking about buying a vacation rental property, we can also discuss the best options for Guanacaste, Costa Rica homes that will make the best long-term investment. Regardless of where you are interested in buying a home in Tamarindo, Las Catalinas, or Playa Conchal, we’ll present you with dozens of great options to fit your budget and needs.

 

When it comes to purchasing a property, we’ll be able to guide you through the financing options available to you and ensure that the process is completed quickly and efficiently. There are many things to consider before renting out your property, and you’ll want to ensure the property you purchase is in good shape to attract rental clients. Our team can advise you on any areas of your vacation rental that need to be improved before starting to advertise your property on our site!

Almost any Guanacaste, Costa Rica real estate property we sell can be added to the rental market, and the demand for large, luxury properties in the local area is only continuing to increase. As soon as your property closes, we can work with you to get it rented within just weeks, securing you the income you need to start paying back your mortgage. By working with one company throughout the entire process, the time it takes to view, buy, and rent your property will be much shorter than splitting this work between two different companies.

 

Renting Out Your Property in Costa Rica

 

Once you’ve purchased your home, it’s time to start thinking about adding it to our selection of rental properties in Costa Rica. Many foreigners consider buying property in Costa Rica purely for this reason, and we highly encourage you to look at the financial benefits it can offer you in the near future. Our rental properties are split up into various categories, including beachfront homes, luxury properties, and condominiums. As you can imagine, Costa Rica attracts visitors from around the world, who all want a different type of property for their vacation. We strive to offer properties to fit all budgets and sizes of travel parties, and you’ll find that there is no shortage of potential customers for your new home.

 Long-term vs short-term rental of your Guanacaste, Costa Rica real estate is something you may want to consider. When it comes to long-term rentals, these are usually charged by a monthly fee. While you may find you receive less money for the property over the month, there’s a lot of security to be had in this type of rental. You’ll be guaranteed full occupancy for a month at a time, and many people opt to rent a property for four to six months over the winter months. If you are worried about securing renters for your property and paying your mortgage, this is a good option to consider.

Short-term rentals can be incredibly profitable, but you’ll want to ensure you work with our team to manage the property between tenants. We offer both nightly and weekly rental prices, which will be priced based on the season. You could even opt to do a combination of long-term and short-term rentals, depending on the season, to try and ensure your property is rented for the majority of the year. Keep in mind that the property needs to be fully cleaned between each family who stays there, and if you aren’t living in Costa Rica, this is something you can outsource to our team to ensure your customers are fully satisfied each time. 

Property Management Services When Buying Property in Costa Rica

 

After spending so much time choosing the right piece of Costa Rica real estate, we understand that you may need to return to your home country. If this is the case, we highly encourage you to work with our team, which can offer complete property management services. There’s no denying that it can be hard to find trustworthy property management teams, which is why we pride ourselves on our honest and professional team of property managers. When you aren’t living near your property in Costa Rica, it can be concerning to leave it unattended for so long. We’ll be able to take any stress off of you, and take care of the cleaning and maintenance of your Costa Rica home and ensure that it’s well looked after even if other people are renting it while you are gone.

 

Property management services include looking after your keys, cleaning and maintenance, and security solutions. On top of that, if you need a specialist service to fix something after buying property in Costa Rica, we can contact professionals in the area who specialize in pools, electricity, or AC. We have all of these services on call and only work with the best teams in the local area. As well as cleaning and maintenance, we can also help you to secure renters for your property. We’ll take care of the inquiries that are made about your property and handle any concerns or complaints during their stay. We also look after deposits and rent, so you won’t have to worry about anything to do with the rental process when you are back at home.

For the visitors to your property, we also offer a wide range of services to make their stay more pleasant. This includes taxi services, airport shuttles, and babysitting. We can book their tours of Costa Rica and help them to secure the best dining reservations in town. If there is a medical emergency, we can help visitors out with 24-hour emergency attention. If you’ve never owned a rental property before, you may be surprised how much goes into looking after it. By offering these little extras, you’ll receive excellent reviews and secure bookings all year round. 

For more information about buying property in Costa Rica and how we can help you to rent out Guanacaste, Costa Rica real estate, contact our friendly team today. At Tropical Homes of Costa Rica, we offer a wide range of services and will work with you to ensure your property is rented out throughout the year and well looked after while you are back at your second home!