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MAKE YOUR INVESTMENT WORTHWHILE

Costarican Brokers was born as a Real Estate company, whose vision focuses on making your investment the best decision you will ever make.

We count with experienced personnel in the area of Real Estate expert advice. Specialized lawyers, with an excellent trajectory that will make easy the process of buying property in Costa Rica.

The  mission of every Real Estate company should lie  in giving you the best professional advice, not only on the decision of what property to buy, but to be with you and to lead you through a complete legal process , that will allow you to buy the property that  really satisfies your needs, within a legal and convenient frame.

The process of purchasing property implicates several aspects that must be closely analyzed, and involves the handling of a legislation that includes the tutelage not only of the purchase of the property but also the legal viability for developing projects on it.

Your investment is very important. That is why our professionals will advise you in every step of the process of buying, registrating, and developing, and the most important, the legal custody of the property.

THE ACQUISITION OF THE PROPERTY
The process of buying land in Costa Rica has several legal and technical aspects, that our professionals are very experienced in. Therefore we can assure you that your investment will be very well protected.
It is very important that you, as an investor, know these aspects for you to be secure in the process. Here are some of the most important facts.

  • Registration Status of the property you would like to buy.

The public registry of the property is the governmental institution in charge or registering all properties in Costa Rica.  Technically called Real Estate, all properties are ordered by a registration number called real folio (Folio Real). Each property gets a real folio plus a number of the province they are located in (San José, Alajuela, Cartago, Heredia, Puntarenas, Guanacaste and Limon). The provinces respond to the Costa Rica’s territorial organization. Whenever you are ready to move on, our advisors will let you know about the real registration, fiscal and municipal situation of that particular property, so you achieve a smart and secure investment, completely fraud-free.

  • Adjustment to the regulating plan and the use of the grounds

The Costa Rican legislation contains specific rules that limit the use of the different zones and territories. They are called Regulating plans and Uses of the grounds. These are laws and they have to be very present before a Real Estate investment is made. This law is very important because it states if a property can be used to build a tourist project, a place to live or simply lands for agricultural purposes. Our advisors will let you lead your investment according to the project to be developed.

  • Maritime-Overland zone.

Costa Rican legislation gives a special treatment to the maritime-overland zone. That is the properties in front of the sea with an exit to the beach, the rocks  and islets within the sea. For the development of tourist infrastructure or habitation projects, the maritime-overland zone’s law, states the need to have a concession, which is a permit that is given by the local municipality, and governmental institutions like the Costa Rican tourist Institution and the agriculture department can intervene. Our advisors will lead you through the process of getting all the permits needed within a frame of certainty and juridical absolute transparency.

  • Limited liability company method

Costa Rica’s registration system allows a foreign investor to be capable of constitute or acquire the shares of a limited liability company ( Sociedad anonima)  . This limited liability company is the ideal instrument for the investor to accomplish all the elements needed in the process of purchasing and getting all the permissions needed, even if he does not have a residence in Costa Rica. We offer the investor the possibility to acquire the shares of a limited liability company already constituted, so he does not have to wait 3 weeks to a month which is the time it takes to be constituted. 

  • Option to purchase method

The investor can sign an option of purchase contract that gives him the option of paying the seller a minimum percentage of the property’s total price, before he can get the rest of the money to cover the property. This kind of contract is a great tool that gives the buyer time to look for a finance plan if he needs it. Our lawyers will advise the investors on these kinds of contracts to protect their money and investment.

  • Registration

The purchase of land in Costa Rica is not only about a fast negotiation process but also an adequate process of registering the property at the public registry. The Costa Rica’s legislation sets a figure of the public notary, which is an licensed attorney that performs legal acts with public faith. Every Real Estate transaction, performed by a public notary, will be recorded in his/her notary book, necessary to make it a valid transaction. The transaction involves the registration taxes and the stamps necessary. Once the property is registered, the public registry will give the owner a property title, which is the document that proves the validation of the transaction and demonstrates who the real owner of the property is.

  • Registry Custody

This is one of the most important points to be known by the investor. We know how important your investment is. This is why Costarican Brokers offer the investor the registry custody service. We provide a monthly report that will let you know the status of your investment and guarantee no frauds at all, knowing you are not in Costa Rica.

Costarican Brokers…. We care about your investment

 
 
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