After a life of hard work, wouldn't you want to spend your retirement in a place where you can truly live the life? Waking up everyday hearing the birds singing, the ocean meeting the shore, and feeling the sea breeze blow through your windows are but a few of the many reasons why a lot of people move to Costa Rica for their retirement, and you can do it too without much difficulty. If you're thinking of buying a piece of paradise, here are a few pointers you need to know for buying beach real estate in Costa Rica:
Why Costa Rica?
There are many reasons why a lot of people want to try living in this small country, and a popular one is the fact that Costa Rica is one of Central America's vacation hot spots. Great climate, flourishing forests, and beautiful beaches are some of Mother Nature's gifts to the country.
There's also the cheaper costs of living (when compared to more developed countries), thriving urbanized areas, beach bars, and adventurous attractions like hiking, white water rafting and surfing. With a relaxing and fun-filled environment, Costa Rica makes a great place to live in.
How to Buy Property?
When buying Costa Rica beach real estate, you should start things as you would back home: visiting and surveying. One way to ease your search is by working with real estate agents and looking through their listings. Foreigners are allowed to buy properties under their own names, but some also work it through corporations of other foreign property owners.
What to Avoid
Beach front properties are very attractive because of the view and convenience, but there are maritime laws that prohibit owning and developing properties within 200 meters of the shore. A title with your name on it is also not enough proof that you own the property, so be sure to have the escritura (title document), catastro map (defines the plot of the property), tax receipts, certificate from the municipal office, and other necessary documents.
Anyone can buy property in Costa Rica, but staying for long periods of time may require either a temporary or permanent residency. Applying for residency can take as little as 90 days or longer, depending on the circumstances. To know more about applying for residency, you can visit the following links: gocentralamerica.about.com/od/costaricamapsfacts/a/Costa-Rica-Residency.htm and costarica.usembassy.gov/cr-residency.html.
Living the Life by Purchasing Costa Rica Beach Real Estate