Tips for Sellers
The Costa Ballena real estate market is seeing a lot of attention from international investors. People are continuing to dream about living their best life as an expat in Costa Rica. And as the world begins to discuss reopening businesses and borders, more and more people are visiting our website and social media channels and…
Home financing in Costa Rica is a topic that is being asked about more frequently by buyers contacting our Osa Tropical Properties real estate office. The thing is, there is not a simple and straightforward answer. Buying real estate in Costa Rica with cash is still the easiest and best option. Cash gives buyers the…
If you’ve been receiving our newsletter about Costa Ballena real estate for longer than a year – firstly, thank you very much for subscribing and reading! We value our newsletter database immensely and we get a lot of great feedback so we hope you’ve enjoyed yourself and learned a few things about our real estate…
As we approach the end of the year and the end of a decade, it is feeling like the appropriate time for a thorough recap of what’s been going on in our Costa Ballena real estate market. We are proud to report that our office and the region as a whole are closing out the…
Tourism in Costa Rica continued to be a big growth industry in 2019. International air travel increased by 4.5% in the first six months of this year. More than 1.3 million people flew into Costa Rica, equating to almost 60,000 additional arrivals. “The figures reflect stable, strong growth,” said Maria Amalia Revelo, the Minister of…
If you spend any time reading expat message boards about buying property in Costa Rica, you will see a lot of commentary about how important it is to rent first and try it out. This may have been advisable since the global economic recession in 2009. But for the few years prior to that, development…
Days on market in Costa Rica is not an indicator of the health of your listing. But how do we reconcile this idea with our international buyers who are used to days on market being an important indicator of real estate market health? Why does Costa Rica not advertise the number of days on market?…
Realtors in the South Pacific region of Costa Rica are expecting continued growth in the Costa Ballena real estate market. Residential and commercial properties are seeing growth in sales frequency and price since 2018. An undersupply in certain price brackets, amenities and locations is leading to increased prices. The same cannot be said for every…
In December of 2018, the Costa Rican government approved a new tax law that includes the addition of a capital gains tax in Costa Rica. According to the law, the new capital gains tax will be implemented on July 1, 2019. This tax will incur a 15% charge on the capital gains generated when selling…
Since we have recently achieved a balanced market in Costa Ballena real estate–where sellers and buyers are now fairly equally numbered–we want to share with our sellers what it is that we’re doing to bring buyers to their property listing in Costa Rica. We’ve been having much success with selling our office’s listings in recent…