Discover the unparalleled beauty and diversity of Costa Rica, a destination that has captured the hearts of many. From its 750 miles of stunning coastline to its breathtaking biodiversity, Costa Rica has become a household name, featured on popular platforms like Netflix and YouTube. Immerse yourself in the vibrant culture by taking part in activities such as surfing and deep-sea fishing, or simply bask in the sun on one of its many breathtaking beaches. If you’re looking to own a piece of this paradise, buying property in Costa Rica is a possibility, even as a non-resident. Whether you’re searching for a beachfront property or a serene finca in the rainforest, the options are endless. However, it’s important to consider factors like property taxes, maintenance costs, and property management before making a decision. Imagine the possibility of renting out your piece of paradise on AirBnB. The dream of owning a slice of Costa Rica is within reach.
If you’re thinking about buying a property in the stunning country of Costa Rica, you could have the opportunity to make some extra income by renting it out. Whether it’s through a platform like AirBnb or through word of mouth from family and friends, the options are abundant. With its stunning coastline, lush rainforests, and well-known reputation, Costa Rica is a destination that sells itself. To make the process even easier, consider buying a property with someone you trust who shares your vision. The good news is that buying property in Costa Rica as a non-resident is definitely possible. To learn more about the ins and outs of owning a property in this breathtaking country, check out our Youtube channel with over 500 videos on living and traveling in Costa Rica. Discover all the possibilities at https://www.youtube.com/user/iCostaRica24 and start your journey towards owning a piece of paradise today.
Looking to live amongst fellow expats? Popular areas among US, Canadian, and European residents include La Fortuna, El Castillo, Nuevo Arenal, Tiliran, Tamarindo, Samara, Nosara, Mal Pais, Montezuma, Manuel Antonio, Jaco, Dominical, Uvita, the Osa Peninsula, Grecia, Atenas, Santa Ana, and San Ramon, just to name a few! We hope you enjoyed the video, ‘Can You Buy Property in Costa Rica but Not Live in Costa Rica? Buy Property as a Non Resident’, and Travel Costa Rica NOW Real Estate looks forward to welcoming you to this paradise soon.
What Was Said In the Video
Hey guys, I’m michael alan for travel Costa Rica now and a real estate man. We’re just starting this channel and we’re trying to get good content on here. Kind of go slow. It’s hard in the YouTube world nowadays. I would appreciate a subscribe, even if you’re really not interested. A subscribe helps me. If you hit the notification bell, that will help you to know when we put out new content about anything real estate in Costa Rica. We give you the good and the bad, and are not trying to sell you anything.
All right, so anyway, I want to give a shout-out to my brother in Ohio. He made me think of this, he made me see the air of my ways. In the 14 years I’ve been making videos about Costa Rica, they’ve always been either living here as a permanent resident or traveling here. He asked me, “Mike, can people own property who don’t really want to live there?” I was like, “Oh my god, yes!” And why haven’t I made that video?
All right, so you don’t know who I am. You don’t know I make other videos. You ran into this because maybe you’ve been to Costa Rica or maybe you haven’t, but you’ve heard about Costa Rica and you’re thinking, “Hey man, I’ve got a little bit of money. Let me look around.”
Here’s the thing. Now, I want to make it perfectly clear. I’m not trying to sell you anything. I do not care if you move or buy something in Costa Rica, but I do want to let you know a couple of things. So yes, you can. You do not have to live in Costa Rica. You do not have to be a resident of Costa Rica to actually buy property here. It’s very, very easy.
Now, I’ve got a couple of recommendations. I don’t believe that you should be looking around if you’re thinking about, “Oh, I want to invest my money. I heard about Costa Rica.” I don’t think it should be coming from that wavelength. I actually just think you have a little bit of extra money and you’re like, “I would like to have a place, but I have no expectations about it.” If it becomes a rental, if later on you can sell it for double, I think that’s fine. I just don’t think it should be your reasoning to buy a property down here.
I think it should be more like, “I would like to have a place in Costa Rica.” Costa Rica is beautiful. I would like to send my friends and family there. Because if it’s not, it’s gonna turn into that, “What are the two best days of your life? The day you buy the boat and the day you sell the boat.” I don’t want your property to become that. So, I just think you should go, “Hey man, I would like a place in Costa Rica,” and kind of that’s it. Now, you could rent it out, yes, you could make money. Now, you’ve got to remember Airbnb that payed. Sorry, but that was a long time ago.
I think, probably even wherever you’re watching this, the United States, all the big places, well, here too, there are a million Airbnbs. You could do it. You could throw it on there. You could get a property manager here, but I think it might be even better.
Costa Rica can kind of sell itself with friends and family. It’s that beautiful. It’s a totally bucket list place to go, so I think you could probably rent your place just by telling people, and then the word of mouth in your little neighborhood, your church, your clique, or whatever. And you could easily get a property manager down here. I would recommend probably buying in something that’s a little more secure. Maybe even pay for a gated community.
You have monthly fees to get that security and maintenance, or you can get house sitters, but you know, that’s a whole another thing. I’m sure you can understand that. You would really have to trust those people. I’m not sure you would want a house just sitting somewhere unattended, even in the best security. I’m not sure if it’s worth it. It might be a little stressful, maybe not. Maybe you could secure it enough, but yes, you can buy something and you can buy it pretty easily.
So, I just want to let you know that, and if you want to know more about anything real estate, take a look at this channel, and just go around, look at the playlist. Or you can get a pretty good vibe of living in Costa Rica or vacationing in Costa Rica on my other channel.
So anyway, guys, thank you Tim, congrats Abby. I’m michael allen, travel Costa Rica now, real estate. Peace, guys, hope it helps. And please hit the subscribe button. YouTube is a tough nut to crack, and as always, things are going to pop up. You should always do your research and homework before living and traveling in Costa Rica, or anywhere.
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