Isn’t it awesome! You have now decided to buy that vacation condo in Costa Rica that you fell in love with, but before you sign the Reciprocal Option to Buy / Sell, you want to know what other costs are involved.
Can you afford that vacation condo? Can you afford the extra things that are involved?
Have you taken into account every single important cost or will there be more later?
You probably already know that GoDutch Realty has only agents in certain areas of the Central Valley, so the beach is not so much our thing. You might not realize though, that I am president of the American European Real Estate MLS with 29 affiliates all over Costa Rica, with around 100 agents.
Many of those affiliates cover the best beach areas of Costa Rica: Cahuita and the Southern Caribbean beaches, Dominical and the Southern Pacific beaches, Los Sueños and the Central Pacific beaches, Tambor and the Nicoya Peninsula, Tamarindo and the North Pacific coast and even Lake Arenal. Check out the photos below to get a better taste of what I'm talking about.
The most difficult part of the process is to cover the cost of the purchase, because there is no bank financing available in Costa Rica until you have legal residency. If you are a cash buyer, you’re not only be surprised at how easy it is to buy a vacation condo in Costa Rica, but also how the best deals are found for cash buyers.