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Costa Rica - Limón


Manzanillo - Limón

The little town of Manzanillo is a vibrant neighbourhood characterized by the Afro-Caribbean culture and its quiet atmosphere. This small laid back fishing village is popular for its gorgeous white sand beach strip lined with palm trees and for its activities in wild nature: hiking, snorkelling or even kayaking are king. Manzanillo is also famous for being a surfing paradise and having one of the most delicious local cuisines.

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 Limón 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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Discover Hotspots in Limón

The province of Limón is situated along the Caribbean coast and the area was firstly settled by indigenous people. It is considered that the province was named in reference of a lemon tree that was planted in front of the office of the  Governor of the region and that is was the only tree of this species. The area of Limon has the largest port of the country to export goods abroad.
The region is one of the most pristine and lush province of Costa Rica due to its 125 miles of shoreline between Nicaragua and Panama lined with coconut trees and white sandy beaches. This ultimate tropical paradise has remained untouched and benefits from an unmatched beauty compared with the rest of the country.

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