“The crew at Rico Realty is the BEST! During our search for property they must have shown us 50 different farms and houses before we finally made up our minds, two years running day after day for three weeks they cheerfully gave up their time to ferry us around the countryside and walk still another property. Jim, Rene and Elisabeth are some of the nicest and most ethical people we know and have made our move to Costa Rica an easy transition.”
- David & Ruth Fountaine, Palm Desert, California, 2010
Before you buy property in another country, it is very important to know the country’s laws and guidelines for property ownership.
Costa Rica does not have exotic or complicated laws regarding foreigner-ownership of property. In fact buying property in Costa Rica is less complicated than purchasing in the U.S.
An important procedure to know is that all real estate transactions in Costa Rica require working with an attorney. Since we’ve been in the Costa Rican real estate business for over 20 years - we know several efficient attorneys around Lake Arenal in Tilarán and in San Jose. We smooth the way for each transaction by doing much of the paperwork before our attorney meetings, and we make sure that our clients fully understand the entire process.
Once you’ve made your purchase, we here at Rico Realty want to ensure that your transition to Costa Rica is positive one. We assist our clients in getting utilities, telephone service, bank accounts, vehicle purchases, and can refer them to other professional services like how to establish residency, ship their personal belongings, or find medical services.
We are a registered broker with Banco Nacional de Costa Rica (the largest and most prestigious bank in the country) and are certified to sell their properties in foreclosure throughout the Lake Arenal area. Also, Rico Realty is a member of the oldest and most established real estate association in Costa Rica – the CCCBR or Costa Rican Chamber of Real Estate Brokers. All affiliated Realtors must be a permanent resident of Costa Rica in order to "legally" work in the country and abide by the Code of Ethics of the CCCBR, which establishes agents’ obligations with their customers and third parties involved in real estate transactions.
Rico Realty is also a member of the U.S. based National Association of Realtors. NAR was founded in 1908 in Chicago and has since become the premier organization that influences and shapes the real estate industry in North America and worldwide.
With our long-established and strong partnerships with Costa Rican businesses and attorneys, we can assure you that your property transaction will be a positive one. And if you’re planning to build or remodel, we have a network of reliable contractors, subs, and architects who can help you build your dream retirement or vacation home.