Escazú is an upscale and world-class neighbourhood in the Central Valley of Costa Rica. It became the poshest and most popular destination for foreigners and locals, a few miles away from San José. It welcomes several foreign embassies as well as the largest shopping malls of the country and the most sophisticated hospitals. Escazú is a trendy place which gathers luxury restaurants, posh country clubs and a bustling nightlife as this is the highest-priced real estate area in the valley. This desirable district will provide a high quality of life to the whole family. Indeed, it is often compared with Beverly Hills in Los Angeles as it offers tons of shopping, restaurants, gyms and golf courses as well as several bilingual schools.
| Departamento | Case | |
| Tipo de superficie (env.~): | 415 m2 | 936 m2 |
| Precio mín (env.~): | $750.000 | $975.000 |
| Precio medio (env.~): | $1.022.500 | $1.835.250 |
| Precio máx (env.~): | $1.295.000 | $2.439.000 |
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 San Jose 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.
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.
