DiegoC wrote:
You also need to consider the cost of a mortgage here in Costa Rica. You will not believe how much interest they can charge. In the US we call it usury.
Then you have to consider the fraud that goes on where properties are literally stolen from people; massive white collar crime. Go to AMCostaRica and do a search.
I am not trying to be a turd in the punch bowl but you really have to know what you are doing or you will lose and lose big.
Finally, finding the right lawyer is everything.
Good advice on seeing if working from CR would actually work, so of course that would be Step 1. What is internet dependancy being key.
In a past life, I used Facio & Canas. I am sure that in one form or another, they are still around. I am as anecdotally informed as most of the readers of this board about the many perils of ownership, however, there are owners who are satisfied with their purchase and I would love to hear from them. As far as the element of white collar fraud, I am well aware, so it would have to be thoroughly researched. I would not use a mortgage, but would buy outright. They tell me title search is everything. Still, I would love to hear from actual owners who can tell me whether the process was worth it or a ripoff or somewhere in between.
