Tag: Property

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January 2, 2022

Factors to Consider When Buying Property in Costa Rica

Buying property in Costa Rica is a decision that should not be taken lightly. There are many factors to consider when making this critical purchase. To help you make an informed decision, we have compiled vital things to think about before buying property:

Consider the Location

propertyThe first factor to consider is the location of the property. You will want to think about proximity to a town, the ocean, and other amenities. It is also essential to research what kind of climate you are looking for and make sure the property is in an area that offers that type of weather.

The down payment options are critical to ensure you have all your financing in place so that when it comes time to make an offer on a property, you are ready. You will also want to research what kind of payments are required each month and how long they usually last before another payment or deposit is due. The most common down payment option in Costa Rica is a 30% deposit, with the remaining balance to be paid over some time.

Find Out the Purchase Process

When buying property in costa rica, it’s critical to consider the purchase process. Make sure to research how long the entire process will take, what documentation you will need, and what fees are associated with buying property in Costa Rica. You will also want to find a reputable real estate agent who can help you through the buying process. Moreover, examine the potential for future projects. For example, if there is an opportunity to add another room or building to your home, this could increase the value of your investment. However, it would help if you kept in mind that this will also increase the cost to maintain and upgrade the property over time.

Establish Size of the Property

designMake sure to think about how much space you will need and what kind of layout you are looking for. If you plan on living in the property full-time, it is crucial to find one that meets all your needs. However, if you are only planning on using the property as a vacation home, you may want to consider buying something smaller.

Make sure to research how much you can expect to pay in property taxes each year, as well as what kind of upkeep the property will require. Also, Costa Rica is known for its lush jungle landscape, which means that properties often need regular maintenance to keep them looking their best.…

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November 21, 2017

Finding a great property manager to hire

Most of us that have properties to sell or rent is a job in itself. A lot of us have jobs, and a family that takes most of our time. This doesn’t give us that much time to deal with other things like showing our property that we have for rent. If something goes wrong with one of your rentals, you have to find someone to fix it or fix it yourself. It doesn’t have to be like this; you can hire a property manager to handle all your rental needs.

In this article, we will go over a few things that you should look at when hiring a property manager to help you with your investments.

Property management services

phoneWhen you have a property that you are trying to sell or rent they, will handle all the work. They treat your property like it is their own. With letting agents, they show your property to all the interested parties. They make all the calls and deal with the incoming calls; this will free your time for other things that you might have to deal with in life. When you let another company handle your investments, you need to make sure they will do a good job.

Hiring a property manager

They are not that hard to find; they are as easy as looking for a real estate agent to help sell your home. The question is anyone can say they can handle your investments; this is easier said than done. The best way is to ask a friend or look on the Internet. Make sure you do a little shopping around and compare. They will all say that they offer the same service, however, check to see how long they have been serving the community. Find out what others have said about their services.

Trust

Once you have made up your mind, you will need to talk to them so you can build some type of a relationship. When it comes to money, you have to be very careful. Make sure you are on the same page as them. Tell them what you want and how you want it to be done. This is your investment, and they will do pretty much anything you want them to do.

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Payment

When they sell or rent one of your properties, they will get a commission from it. Having said that, they would work their hardest to get their commission.…