Dreaming of buying a slice of paradise in Costa Rica? You’re not alone. From the lush jungles of the Osa Peninsula to the beachy vibes of Uvita and Dominical, Costa Rica has long attracted expats, investors, and digital nomads chasing sunsets and sloths. But before you send that wire transfer, take a breath (and maybe sip a cafecito), because there are a few common pitfalls you’ll want to dodge.
Pros and Cons of Buying Property in Costa Rica
The pros? Let’s start with the good stuff. Buying property in Costa Rica is relatively straightforward for foreigners—yes, you can own land here! You’ll find stunning properties in areas like Dominical, Uvita, and Ojochal, many offering ocean views and jungle sounds for a fraction of what you’d pay in California (seriously, read our Costa Rica vs. California Real Estate comparison).
The cons? Well, not everything is pura vida. Infrastructure can be spotty, legal processes unfamiliar, and buying sight unseen? Risky. One of our most-read blogs goes into the 5 Mistakes Foreign Buyers Make When Buying Costa Rica Real Estate —and it’s required reading if you want to avoid a very expensive learning experience.
Is Buying Property in Costa Rica a Good Investment?
In many cases, yes. The country has stable property rights, a booming tourism market, and growing demand for vacation rentals and retirement homes. If you’re looking for long-term gains, consider areas like Puerto Jiménez and the broader Osa Peninsula. These southern zones are seeing growth, and Puerto Jiménez real estate offers untapped potential for those willing to go off the beaten path.
However, not all investments are created equal. If you’re only thinking short-term flip, this market might frustrate you. Costa Rica rewards patience, sustainability, and good local advice.
Is it Safe to Buy a House in Costa Rica?
Legally speaking? Yes. Foreigners have the same ownership rights as locals when it comes to titled property. That said, not all land in Costa Rica is created equal. You’ll want to avoid concession land in the maritime zone unless you fully understand the legal implications (and ideally speak fluent Spanish). If you’re curious about how beachfront ownership works—especially the complexities of concession land in the maritime zone and what foreigners need to know—check out our blog: Can Foreigners Own Beachfront Property in Costa Rica?.
Work with a trusted Costa Rica real estate service that knows the ins and outs of the local market. And no, your cousin’s friend who “knows a guy” doesn’t count.
What Are the Risks of Buying Property in Costa Rica?
Some of the biggest risks include:
- Buying untitled or concession land without understanding the implications
- Falling in love with a property without due diligence
- Relying on verbal agreements
- Skipping an independent lawyer
Also: always get a land survey. Always. For a deeper dive, check out Buying a Costa Rica Beach House: What You Should Know.
Where is the Best Place to Buy a House in Costa Rica?
It depends on your goals!
- Uvita is a hub for families, remote workers, and eco-minded expats. Curious? Here’s our guide: Is Uvita Worth Visiting in Costa Rica?
- Dominical is a surfer’s paradise with a growing real estate scene
- Ojochal is beloved for its culinary scene and peaceful lifestyle
- Puerto Jiménez and the Osa Peninsula? Wild, beautiful, and brimming with investment opportunity
- Golfito offers a unique coastal charm and growing interest for investors looking for more affordable, tranquil options
- Puntarenas Province offers beach access and proximity to San Jose for those who like a mix of convenience and coastal chill
For listings across these areas, browse our up-to-date Costa Rica real estate for sale page.
Where Do Most Foreigners Live in Costa Rica?
While the Central Valley (San José, Escazú, Atenas) attracts many for its climate and amenities, the Southern Zone—including Dominical, Uvita, and Ojochal—has been booming with North Americans and Europeans looking for a more natural, laid-back lifestyle.
Coastal towns offer beauty, strong expat communities, and investment returns. Just don’t expect a Starbucks on every corner (unless you’re in Escazú).
Should I Invest in Real Estate in Costa Rica?
If you’re ready to:
- Research local laws
- Work with reliable professionals
- Think long-term rather than quick flip
- Actually visit the place (please!)
Then yes, Costa Rica can be a smart, sustainable investment. You can live the dream—just don’t skip the homework. Still unsure? Our team at Century 21 Ballena Properties is here to guide you every step of the way.
Ready to explore homes in paradise—the smart way? Browse our latest listings in Costa Rica or reach out for expert advice tailored to your goals and budget. You deserve your own slice of pura vida—minus the pitfalls.
