How to buy property in Costa Rica
Verify first, then decide. We always recommend an independent review by a qualified Costa Rican lawyer.
- Seller identity and authority to act
- Title at the Registro Nacional, current folio real, survey plan
- Liens, easements, restrictions; titled property vs. concession
- Uso de suelo, legal access, water and power confirmation
- Contract milestones, escrow, remedies and handover
General information, not legal advice.
Frequently asked questions
Can a foreigner own property in Costa Rica?
Yes. Article 19 of the Costa Rican Constitution gives foreigners essentially the same property rights as citizens; titled ownership requires no residency or citizenship. Concessions in the coastal ZMT zone are the exception.
What is the ZMT coastal zone and why does it matter?
The ZMT (Zona Marítimo Terrestre) is the 200 m strip from the mean high-tide line. The first 50 m are public; the remaining 150 m can only be held under a municipal concession, not ownership, with restrictions for foreigners. Before buying near a beach, verify that the land lies outside the ZMT or check the concession.
What are the closing costs in Costa Rica?
Roughly 3–4% of the price: 1.5% transfer tax, registration and stamp fees, and the notary fee. The notary sets the exact amount based on price and registered value; for specific projects we show costs from the developer's documents.
Should I buy in my own name or through a Costa Rican company?
Both are possible. A company (S.A. or S.R.L.) can simplify later sale, inheritance and management, but carries annual fees and beneficial-ownership reporting. Decide with a lawyer and tax adviser based on your situation.
How is the purchase payment protected?
The standard is a licensed escrow, with funds released only after the transfer is recorded in the National Registry. A Costa Rican notary prepares the deed; we recommend a title review before any deposit.
Answers are general and indicative. Always review a specific transaction with a Costa Rican lawyer and tax adviser.