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Concepción


Costa Rica - Cartago

19.9°C

Concepción - Cartago

The city of Concepción is a quiet residential neighbourhood located about 20 minutes from downtown San José. This is an high-end city which provides upscale services such as extraordinary shopping centers, fine restaurants and trendy bars in a cosy atmosphere. Situated in the province of Cartago, Concepción is a nice place to discover the Tico way of life in a natural and stunning environment surrounded by large forests.

Market overview

Investing in Costa Rica is the best to make your money grow as the real-restate market is in full expansion. Setting up in Costa Rica, it is enjoying the Occidental comfort at attractive prices.
In the past few years, Costa Rica has attracted many foreign investors due to its social and political stability and its tourism sector which is considerably extending. Buying a property in Cartago is an affordable solution and it is the right time to try as the housing sector has an annual estimation of 20%. Either it is for private or commercial use, you will undoubtedly derive profits.

Buying basics

There is no legal restriction to buy a property in Costa Rica, even if you are a non-resident, who have the same rights than the native people in terms of property. Before purchasing, there is one fundamental element to consider: The most comprehensive form of property ownership in Costa Rica is fee ownership. Fortunately for foreigners, the conditions for this type of ownership are the same for Costa Rican nationals as they are for foreigners. The concept of fee simple ownership is the same in Costa Rica as in the US. Basically, fee simple ownership gives the owner of the property the absolute right to materially own the property.
Before any purchase, it is recommended to examine the different legal documents such as the owner of the property, the plans... You will find all the useful information on the website registronacional.go.cr.
It is also encouraged to contact a professional of the real-estate market in the area to know the different steps of the buying process.
Some experts advise to buy a good through the creation of a limited liability company, which will increase the application fees.

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Cartago
Discover Hotspots in Cartago
The area of Cartago is situated 24 kilometers away from San José, near the foothills of the Irazu Volcano and this is the most populated center in Costa Rica. Created in 1563 by Juan Vázquez de Coronado, Cartago is one of the oldest towns and it was the major city of the country until the independence of the Central America's provinces in 1821. However, Cartago suffered from several earthquakes which completely destroyed the city in the 19th century and then San José was chosen to be the capital of Costa Rica. However, Cartago remains the religious capital of the country, as visitors can admire, for instance, the gorgeous Basilica of Our Lady of the Angels.

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