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QCOSTARICA (Guest Contributor) Dreaming of owning a slice of paradise? Costa Rica offers not only lush landscapes and a stable political environment but also a friendly investment climate. Here’s what you need to know—and remember, contact your legal expert prior to making any decision. Understanding the basics: type of properties you can own and agreements In Costa Rica, property ownership can take three primary forms: Registered Title Properties, Right of Possession Properties, and Concession Leasehold Properties.

Understanding the differences between these types is crucial for anyone looking to purchase property. Registered Title Properties Registered Title Properties are the most secure and common way to own property in Costa Rica. These properties have a unique identifier called a Folio Real and a Property Survey Plan known as a Plano Catastro, both registered with the National Property Registry.



This type of ownership is similar to the “fee simple” title found in countries with an English Common Law system, like the U.S. and Canada.

The Costa Rican government guarantees the accuracy of these records, except in cases of fraud. Buyers can obtain a property registration extract online, which details any financial encumbrances, such as mortgages or usage restrictions. Legal due diligence, including a Property Title Search, is conducted by a lawyer and notary.

Unlike in many other countries, there are no title insurance companies in Costa Rica. Right of Possession Pr.

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