Costa Rica is a small nation in Central America. The main demography includes four major provinces together into one area that is San Jose, Heredia, Alajuela and Cartago together form it. San Jose is the capital city of Costa Rica. It is a great place for business development and also offers excellent services and facilities for both tourists and the locals. In recent years, Costa Rica’s reputation as the tourist destination has changed to the easiest country to invest in real estate – i.e., purchase properties in the entire region of Central America. The political solidity and strength of the country enables to minimize the amount of revelations, while there are abundant unwritten resources available.

The real procedure for investing in real estate is quite similar to that of the United States that has an authorized title and survey essential for almost all dealings. Title insurance can be easily available. As far as the agents are concerned possessing a license is not mandatory. But the Costa Rica Chamber of Real Estate Brokers (CREB) and other panels are planning to bring basic levels of standards into the industry. It is very general for the investors to formulate a Costa Rican limited liability corporation in order to tackle property deals. However, the communal organization can help ease this procedure by avoiding the fee. Once a transaction is complete, property taxes become relatively less generally not more than 1 percent of the property value. What is best of all is that there is no capital profits tax.

The dealings become a little difficult only when an investor wants buy homes or buy apartments that are directly on the alongside of the waterfront – i.e., the maritime region or zone. Here the construction and tenure is strictly controlled. There are no private beaches available in the zone. Any property that lies within 150 meters of the waterfront is known as concession land. There are a lot of constraints and restrictions around this region on foreign ownership.

The ocean front property in Costa Rica is a tropical like paradise. Costa Rica beaches are one of the most beautiful in the world. Have you thought about making the giant leap and purchasing beach front property as a second home or an investment? During the past 5 years real estate has been increasing at a remarkable 18 – 30 % per year. How do you invest in Costa Rica beach front properties?

There are only two ways to go about buying beach front property in Costa Rica. 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. 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. 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. In Costa Rica, the maritime zone is 200 meters from the average median high-low tide all year long. The first 50m 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.

Once your sure of purchasing your property act quickly. 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. 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.