Tips to Purchase Beachfront Property in Costa Rica

If you are thinking about purchasing beach front property as a second home or an investment you need know that during the past 5 years real estate has been increasing at a remarkable 18 - 30 % per year in Costa Rica. How do you invest in Costa Rica beach front properties? you need read on and try to understand the guidelines to buying beach front property anywhere else in Costa Rica.

In Costa Rica are only two ways to go about buying beach front property. The wrong way, and the correct way.

  • Make sure the area your looking at is a place you would like to vacation at. If you plan on making a large purchase then spend a few days in the area to see if it is the right place for you because Costa Rica Have many places like a paradise. You will get a more in depth idea if you spend more time there. You don't want to in your "tropical dream paradise" regretting that you've done it.
  • Find a competent lawyer to represent your investment. Do not use the lawyer who is associated with the buyer. Always find your own lawyer to manage your purchase. It's important to find one that has considerable knowledge of maritime zone law.
  • Very important your lawyer need know much about buy beach front properties and maybe can be necesary haggle about the price of the beach front property.
  • Costa Rican maritime law is different in every Central American country and you need to know all of the details before purchasing beach front property in Costa Rica. The maritime zone in Costa Rica is 200 meters from the average median high-low tide all year long. The first 50 meter is public property and the 150 meters from that line is restricted. The 150 meters stretch can not have an "original title", but can be leased by a concession by the local municipality in the zone.
  • Once your sure of purchasing your property act quickly (but too prudently). Since property in Costa Rica is in high demand a good deal won't last long. Land prices are on the rise, and not showing signs of slowing down any time soon. Once your sure, act. The current owner may have second thoughts and want to renegotiate or may not want to sell.
  • Negotiate directly with the owner of the beach front property. There are many middle men that light be charging you too much. If an agent says you can't speak with the owner then do not waste your time or money.
  • Get a topographer to do a recent survey the land. The owner will have a "plano catastrado", but you will need to make your own survey to verify the location and size of your property. You want to make sure your getting what you paid for.

Good luck in your search for your beach front property in Costa Rica