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Real Estate in Costa Rica

Discussion forum for expats moving to or living in Costa Rica.

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Real Estate in Costa Rica

Post Posted: Thu Jul 12, 2012 1:59 am

by Claudia Gonella, co-founder of Reveal Real Estate

Imagine you are looking for a house to buy in an overseas market. Let's pick a country like Costa Rica or Panama, where there is no comprehensive Multiple Listing Service and the market is relatively un-regulated. You meet with a real estate agent and she shows you a few houses.

One of them looks great and you begin to formulate an offer.

But there's something holding you back. You've got this niggling feeling that there are properties for sale that you're not being shown. You start to wonder: Does your real estate agent have access to all the listing on the market?

It's the perfect question to ask when looking at property overseas. But unfortunately few buyers ask it. Instead they close too quickly on a property, often without realizing that they have only seen a tiny portion of what’s available for sale.

I'm speaking from experience.

Article continues here

 

Carole
Forum Legend
Forum Legend
 
 
  
Re: Real Estate in Costa Rica

Post Posted: Thu Sep 06, 2012 11:20 pm

I agree about that is happened to the most people and bring disappointments. But now in Costa Rica the things are different. People have access to all the information they need before making a purchase. For example: websites like Encuentra24.com, offer listings of thousands of properties throughout Costa Rica with prices and pictures, and also, recommend other real estate companies so customers have more options. Just search that you want on internet before.

 

aacasth
Newbie
Newbie
 
 
  
Re: Real Estate in Costa Rica

Post Posted: Thu Sep 26, 2013 12:12 am

In CR there are tico prices and gringo prices and the latter are about 40% more expensive.
So if you see a home that you would like to buy and you would like to make an offer, try deducting 40% and see how it works out for you.
I tried this once with a house with an asking price of $108.000...2 bedrooms..1 bathroom..a kitchen..living room..car port..swimming pool (6.5 x 4.5 meters)..tool shed..2800 m2 garden.
I told the real estate agent that this house was not allowed to be more than $70.00 and he told me that if he told the owner I probably would be the next owner.

 

jordan6223
Newbie
Newbie
 
 
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