Lots of foreigners have done successful real estate developments in Costa Rica. These days, the market is more crowded and the buyers are more sophisticated, so success and profit are not as easy to obtain as they were just a few years ago in Costa Rica. Still, if you start out with a smart plan,

Finally, there’s the topic of partners. Business partnerships in Costa Rica break down into three basic forms: Foreigner-foreigner, foreigner-local, and buyer-seller. The first should be rather self-explanatory if you’re used to doing business. The second is risky but can have some great benefits. By partnering with a local, you get local knowledge and local connections.

When doing a development, much of the advice found elsewhere in this book regarding contractors, materials, and costs applies, only on a larger scale. The most significant difference is that time is money when you’re doing a development. You probably have a construction loan that you’ll need to pay back, contingent on income from sales

If you have a smaller piece of land that you would like to develop as a horizontal or vertical condominium with a higher density, you will probably need to what’s known as a Master Plan. A project with a Master Plan needs vastly more work than the previously-described low-density project. A project with a Master

Low density developments in Costa Rica are horizontal developments subdivided into lots of a certain minimum size. The minimum size is determined by the municipality’s zoning plan. If none exists, the minimum size is determined by the national urbanization law, which puts it at 5,000 square meters. The principle advantage of a low-density development is

By Robert Shannon Costa Rica is a Brand name known world wide and it follows we need to be very focused on product we offer in the Real Estate business. We have gone through some excellent times over the past years and have seen a explosive growth. Often when places experience this kind of fast