Tropical Homes of Costa Rica

Tag Archives: Buying a House in Costa Rica

So, you’re dreaming about buying a house in Costa Rica and living amidst the lush rainforests, stunning beaches, and the laid-back ‘pura vida’ lifestyle? Well, you’re in for a treat! But, before you start browsing those houses for sale in Guanacaste, Costa Rica, let’s get down to the nitty-gritty of what life here is truly like.

1. Health Insurance:

Tropical paradise, yes. But health problems? Not on the list! Costa Rica boasts an impressive healthcare system, both public and private. Expats and locals alike rave about the quality of care. You can either choose to join the public health system (Caja) or opt for private insurance, which might be pricier but offers quicker services and access to private hospitals. To join Costa Rica’s public health system, known as the Caja Costarricense de Seguro Social (CCSS or simply “Caja”), one typically needs to be a legal resident. However, even if you’re not a member of the Caja, you can still access public healthcare services, but you’ll have to pay out-of-pocket, often at a cost much lower than one might expect in countries like the U.S. Make sure to research and pick the best option for your needs!

2. Driving in the ‘Rich Coast’:

Buckle up! While Costa Rica is beautiful, its roads can sometimes be a little, well, adventurous. With sudden weather changes, some unpaved roads, and tricky terrains, investing in a 4×4 or a higher vehicle isn’t just a luxury—it’s almost a necessity. It’ll make those mountainous regions and rain-soaked paths way more manageable. On the topic of local transport quirks, here’s a pro tip: Keep an eye out for ‘colectivos.’ These unmarked taxis might catch you by surprise as they stop suddenly on the roadside to pick up passengers. They’re an essential part of local transit, but be cautious when driving near them. And, of course, always be vigilant for wandering wildlife as you cruise along the coastal roads catching those sunset views.

buying a house in costa rica

3. Banking and Money Matters:

Setting up a bank account might need a little patience (think: tropical, relaxed pace). But once you’re in, banking in Costa Rica is pretty straightforward. Major credit cards are accepted almost everywhere, and ATMs are readily available. For businesses, Costa Rica presents some fantastic banking options tailored to support various enterprise needs. Now, if you’re a non-resident, yes, there are banking options for you. Just be prepared for those longer lines and a bit of a wait. Once you gain residency, the banking world is your oyster! Residents have the privilege of opening an account at any bank. Quick tip: Always keep some colones (local currency) handy for those off-the-beaten-path adventures.

4. Airports:

Jet-setters, rejoice! Costa Rica has two major international airports: Juan Santamaría International Airport near San José and Daniel Oduber Quirós International Airport in Liberia, Guanacaste. They’re delightfully easy to navigate, ensuring you spend less time lost in terminals and more time soaking up that pura vida. So, whether you’re planning weekend getaways or have family visiting, catching a flight is a breeze. You also have the Tamarindo Airport,  a gateway for those eager to quickly dive into the Guanacaste beaches and surf spots. 

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5. Schooling for the Kiddos:

If you’ve got little adventurers in tow, fret not! Costa Rica offers a mix of local and international schools that cater to diverse learning styles. Schools like CRÍA, Educarte, and La Paz are just a few examples of the top-tier education institutions available. They boast curriculums ranging from the Montessori methods to the International Baccalaureate program, often delivered in English. These schools not only provide academic excellence but also focus on integrating the rich Costa Rican culture and values. So, while your young ones are mastering algebra or diving into literature, they’re also getting a taste of the vibrant coastal lifestyle. The future’s looking bright!

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6. Buying a House in Costa Rica:

The real deal! Whether you’re eyeing a condo with ocean views or a multi-lot property by the ocean, buying a house in Costa Rica is an exciting journey. Properties in areas like Guanacaste are especially sought after. Houses for sale in Guanacaste, Costa Rica, range from luxurious beachfront estates to charming countryside homes. However, ensure you work with a reputable realtor, understand the property laws, and always do a thorough title check.

buying a house in costa rica

7. Local Culture & Etiquette:

Last but not least, immerse yourself in the ‘pura vida’ way of life. This phrase, meaning ‘pure life’, encapsulates the Costa Rican philosophy of positivity and gratitude. Ticos (locals) are known for their warmth and hospitality. Embrace their culture, learn a bit of Spanish, and sink into the slow pace of life. For the surfers and ocean lovers, the surf scene here is unparalleled. With world-renowned breaks and a supportive community, every day feels like the perfect wave. But it’s not all about the adrenaline rush; Costa Rica’s also a sanctuary for peace seekers. Yoga retreats dot the landscape, offering tranquility amidst the tropical backdrop, a true testament to the nation’s embrace of holistic well-being. 

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The local food scene is a blend of hearty traditional meals, fresh organic produce, and a growing trend of health-conscious cafes. Think vibrant bowls of fruits, veggies, and all things fresh from the fertile volcanic soils. And let’s not forget the bustling local markets, where homemade goods from artisanal cheeses to handcrafted pottery give you a real sense of the creativity and craftsmanship of the people who call Costa Rica home. 

buying a house in costa rica

Ready to Dive into the Pura Vida Life?

If all this talk of sunsets, rich culture, and tropical adventures has got you itching to make the move, we’re here to guide you! Reach out to the Tropical Homes Realty Team. With our expertise and local know-how, we’ll walk you through the process with ease, ensuring your transition to Costa Rica feels as refreshing as a cool ocean breeze. Ready to take the leap? Dive into your dream life today.

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!