Get More Out of Life in Costa Rica: Buying Property in Costa Rica

Whether you're an Alberta Snowbird looking for a dedicated winter or vacation home, looking for a more affordable place to retire, an income­-generating rental property, an offshore investment, or simply seeking a better quality of life away from the stressful breakneck pace of North America, Costa Rica is your best possible choice.

Safe, stable, beautiful, and friendly, Costa Rica is known for its unspoiled beaches, acres of rainforest, stretches of mountains, and diversity of wildlife. In Costa Rica the tap water is safe to drink, and the food is both amazing and abundant: Fresh seafood, produce, meat, and fantastic coffee are just a few examples.

Costa Rica's modern health care system is ranked highly in both quality and affordability, making this beautiful country a wonderful and extremely affordable place to retire. Snowbirds love leaving Alberta winters for the warm, slower pace of Costa Rican living. Tourism is Costa Rica's primary economic driver, and there is a huge demand for vacation rental properties, allowing you to generate income on your property while you're not using it. In addition, Costa Rican property values are increasing, with an average 9% annual appreciation in value, making a home in Costa Rica an excellent financial investment.

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Benefits of Owning Property in Costa Rica

  • Low property taxes ($1.95 per $1,000 in value of property, an average of approximately $300 ­- $400 per year).
  • Home insurance available and affordable, approximately $397 annually for home worth $200K.
  • Property is deeded and fee simple: There are no capital gains, and title insurance is readily available.
  • Canadians have the same rights to property ownership as Costa Ricans do.
  • Great potential rental income, with low costs and high yields.
  • Rental income opportunities are excellent since currently demand exceeds supply for much of the year.
  • No income tax on outside income.
  • $1,000 monthly income qualifies you for pensionado "retirement" program.

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Costa Rica Quick Facts

  • 81 degrees Fahrenheit average temperature in Southern Pacific Zone, and it's below the hurricane belt.
  • Modern, high quality, affordable public health care for both citizens and foreigners.
  • Fantastic local, organic food with abundant seafood, fresh pesticide­-free produce, and meat. Costa Rica is a coffee­lover's dream.
  • Has only 0.02% of Earth's landmass, but 5% of its biodiversity, and 27% of Costa Rica’s land is protected land.
  • Tourism is its #1 source of income.
  • First world economy, with employers like Microsoft, Intel, Proctor & Gamble, FedEx, Dell, UPS, and Walmart.
  • Costa Ricans have the 2nd highest life expectancy in the world (Canada is #1).
  • There are 860 bird species, more than the U.S.A. and Canada combined.
  • No army, which was constitutionally abolished in 1949.
  • 96% literacy rate: No military means more money for education.
  • Clean, safe tap water that comes from an abundance of artesian wells and mountain streams.
  • Environmentally friendly and sustainable energy: Costa Rica produces more than 90% of its electricity through renewable sources.
  • Costa Rica is below the hurricane band, and is rarely affected by hurricanes on the Atlantic or Pacific coasts.

About Pacific Lots

Why Pacific Lots?

  • Over 24 years in business in 17 phases
  • Mountain and ocean view lots from $40,000 USD
  • Custom quality construction homes for $100/sq ft
  • High­-end finishings from our own workshop
  • No sub­trades, no time commitment, hold as an investment
  • Master planned communities, devoted to protection of the environment
  • Offer full rental management services allowing you to earn income while your property appreciates

Pacific Lots is the largest developer of residential property in Costa Rica. Firmly established and debt­-free, they have all of the infrastructure completed in nearly all 17 of their phases, and have completed hundreds of homes. Their developments are in the Puntarenas Province or "Southern Zone" of the country, where over 50% of the region is dedicated to national parks, where the temperature averages over 80 degrees Fahrenheit (27 degrees Celsius).

The mountain elevations in this region provide cool breezes, making the climate more temperate. A new, four lane highway makes getting to the developments from San Jose fast and easy, and a new, modern hospital was completed in the area in 2008. A new international airport has also been approved for nearby Palmar.

Pacific Lots "Chill Weekend" Tours

Come See For Yourself: $299 USD Tours with Absolutely No Sales Pitch or Pressure!

Pacific Lots believes its homes and developments speak for themselves, and that when you experience a taste of the lifestyle Costa Rica has to offer you'll want more.

Pacific Lots offers 4 day "chill weekends", which include all­-inclusive tours, at just $299.99 USD. These long weekends include airport pickup and drop off, accommodations, most meals, adult beverages, and tours of finished homes, homes under construction, and available to purchase lots. Additionally, if you decided to buy, you'll get a $1,000 USD travel credit to cover travel expenses.

Learn More About Pacific Lots Tours And Read Our Testimonials

Disclosure: Scott Baker may be paid a marketing referral fee for sales originating from this page by Pacific Lots, and is not an agent specifically for Pacific Lots. Although information here is deemed to be accurate, it is not guaranteed. Always do your due diligence, including legal advice, before agreeing to buy property of any kind.