Purchasing property in Costa Rica is a structured and legally protected process. For many international buyers, the key questions are clarity, security, and understanding the steps involved.
This guide outlines how foreigners buy property in Costa Rica, what to expect during the purchase process, and the key financial and legal considerations.
Lifestyle considerations
Costa Rica is recognised for:
Political stability
Environmental protection and national parks
Established infrastructure in key regions
A strong international expat community
Year-round tourism and global connectivity
The Arenal region in particular offers rainforest landscapes, geothermal hot springs, and a well-developed hospitality sector, while maintaining a lower-density residential feel.
Long-term value & investment perspective
While every buyer’s objective differs, Costa Rica real estate has historically benefited from:
Limited land supply in established regions
Continued international tourism demand
Strong brand recognition as a lifestyle destination
Growing interest from North American buyers
At Arenal Hills, the master-planned, gated community structure provides additional clarity through defined construction standards and managed infrastructure.
1.
Property Selection
The buyer selects a property and reviews availability, placement, and finish package options.
2.
Reservation Agreement
A reservation agreement secures the property while legal documentation is prepared.
3.
Due Diligence
A Costa Rican attorney verifies title status, liens, taxes, and legal standing through the National Registry.
4.
Escrow & Payment Structure
Funds are typically held in escrow. Payment schedules vary depending on whether the property is resale or new construction.
5.
Closing & Title Registration
Closing is conducted through a Costa Rican notary public. Title transfer is registered with the National Registry.
6.
Completion & Handover
For new construction properties, completion follows defined construction phases before final handover.
This structured process is standard across Costa Rica real estate transactions.
Costs, fees & taxes when buying property in Costa Rica
Buyers should consider the following costs in addition to the purchase price:
Property transfer tax
Legal fees and notary fees
Escrow fees
Registration fees
Annual property tax (typically 0.25% of registered value)
Homeowners association or community maintenance fees (where applicable)
Exact costs vary depending on property type and purchase structure.
Legal & ownership considerations
International buyers commonly purchase property through a Costa Rican corporation for estate planning or liability structuring. Independent legal counsel is strongly recommended.
Key considerations include:
Title verification
Zoning confirmation
Utility access
HOA or community regulations
Rental guidelines (if applicable)
Title insurance is available through select providers operating in Costa Rica.
Financing & payment options
Most property purchases in Costa Rica are cash transactions.
Financing for non-residents is limited through local banks. Some developers may offer structured payment schedules during construction phases.
International buyers should consult their financial advisor to determine the most appropriate funding strategy.
Key tips for foreign buyers
Work with independent bilingual legal professionals
Understand community guidelines before purchasing
Visit the region in different seasons if possible
Clarify whether the property is intended for personal use, rental participation, or both
Review infrastructure access and proximity to services
Why consider the Arenal Region?
La Fortuna and the Arenal area combine established tourism infrastructure with protected rainforest landscapes and geothermal features.
The region offers:
Access to healthcare and daily services
International tourism connectivity
Outdoor recreation and wellness amenities
Lower density compared to coastal resort areas
Private Villas in Arenal
A curated collection of homes within a master-planned community near Arenal Volcano.
Designed for full-time living, seasonal residence, or rental participation.
Explore ownership at Arenal Hills
For serious buyers seeking international property where privacy meets long-term value. Our team is here to help you discover the villa that fits your special reserve.
Email: hello@arenalhills.com
Arenal Hills Sales Office
C. 474 50, Provincia de Alajuela, La Fortuna, 21007, Costa Rica
Tel: +506 8484 4642
Arenal Hills Florida Office
213 Della Ct. Spring Hill, FL 34606, US
Tel: +1 (844) 694 4557
Arenal Hills
Tres Esquinas, Los Ángeles, San Ramón, Alajuela, Costa Rica, 20208.
Copyright Arenal Hills 2025