Investing in Costa Rican real estate can be a dream come true, but navigating the legal landscape is critical to ensure a smooth process. This guide breaks down key legal considerations to help you make informed decisions.
Understanding Property Types in Costa Rica
Fee Simple Ownership
This is the most secure form of ownership in Costa Rica, granting full control over the property.
Concession Properties
These are often beachfront or maritime properties. Since they are regulated by the government, specific rules and lease terms apply.
Conducting Proper Due Diligence
Verifying Property Titles
Always check the property’s title in the National Registry to confirm ownership, boundaries, and encumbrances.
Hiring a Qualified Attorney
An experienced Costa Rican lawyer ensures you meet legal requirements and avoid hidden pitfalls.

Key Legal Documents to Review
Property Survey (Plano Catastrado)
A plano catastrado is a document that identifies property boundaries and should match the information in the National Registry.
Zoning Regulations
Ensure the property complies with local zoning laws, especially for construction projects.
Common FAQs About Costa Rican Property Laws
Can foreigners own property in Costa Rica?
Yes, foreigners have the same ownership rights as locals, except for concession properties, where specific rules apply.
What taxes apply to property transactions?
Expect to pay property transfer taxes, registration fees, and notary fees, which typically amount to 3%-4% of the purchase price.
Is title insurance necessary?
While not mandatory, it provides an extra layer of security against title defects.
Steps for a Safe Property Purchase
Step 1: Reserve the Property
Secure the property with a formal reservation agreement while due diligence is performed.
Step 2: Sign a Sales Agreement
The purchase agreement should detail the terms and conditions, prepared by your attorney.
Navigating Maritime Zone Laws
What is the Maritime Zone?
The first 200 meters from the high tide line are public land, often requiring special government permissions for private use.
Restrictions on Foreigners
Foreign investors must partner with a Costa Rican citizen to lease properties in the Maritime Zone.
Avoiding Legal Pitfalls
Dealing with Encumbrances
Ensure the property is free from liens, mortgages, or other restrictions.
Working with Reputable Agents
Only deal with licensed real estate agents who understand local regulations.
Finalizing the Purchase
Closing the Deal
The notary public oversees the transaction, ensures documents are signed, and registers the transfer in the National Registry.
Post-Purchase Responsibilities
Pay annual property taxes, ensure utility accounts are updated, and follow up on any pending permits.
Investing in Costa Rican real estate offers incredible opportunities, but the legal aspects demand attention to detail. Partnering with experienced professionals and staying informed ensures your investment is secure and hassle-free.