Costa Rica has become one of the preferred vacation destinations for North Americans, every year this Central American country receives upwards of 1.4 million visitors from North America (United States, Canada and Mexico with the US accounting for the majority) according to data by the Costa Rica Tourism Board.
It is therefore not uncommon for a number of these tourists to fall in love with the country and either choose to relocate and call it their new home or decide to invest in a vacation home in the country so they can visit as often as possible and make some money on it.
Unfortunately, this is one of those things that is easier said than done, if you already own a house in Costa Rica with the idea of renting it out through Airbnb or if you are considering going forward with this kind of investment it is important that you get some professional assistance in managing your property before you find yourself in a situation that causes you problems and monetary loses.
What you have to consider before you buy a house in Costa Rica:
We are not going to go very deep into all the aspects of buying property in Costa Rica since we’ve discussed this thoroughly in previous articles, but summarizing:
Costa Rica’s political and economic stability, the fact that it is perceived as an example of peace (the country has no army); environmental sustainability; has been named several times as one of the happiest places on earth and one of the best places to retire to, as well as its weather and many natural attractions make it a very appealing country to invest in and a country that receives many visitors every year.
If you are careful with investing your money in your own country, you should be twice or three times more cautious when investing in a foreign country. The best advice we can give you to avoid ending up getting scammed and/or losing your investment is: Get a good legal firm to represent you and get a reputable real estate and property management company that can handle things for you when you are away. If you choose to do things all on your own you may save a few bucks upfront but you’ll end up paying or losing much more at the end, both time and money.
Once you own a vacation home in Costa Rica this is what you need to consider:
Use a Property Manager
Is it really necessary? The short answer is: YES! If you are not living in Costa Rica you need someone to keep an eye on your property and handle all aspects related to it, from paying utility bills to staying up to date with proper maintenance, keeping you in the loop for everything that is going on and also handle things when you rent it out.
What Expat Housing Costa Rica can do for you:
To describe our job simply, we focus on making your life easier. We handle all management aspects of your property and focus on maximizing your return on investment.
At Expat Housing Costa Rica we don’t just focus on handling the day to day of your vacation rental property in Costa Rica but we go beyond that, promoting your property on websites such as Airbnb, Booking.com, VRBO, HomeAway, etc. We make sure to coordinate all aspects of the rental, communicate with guests and tenants, solve any problems that may arise, and provide you with complete reports on everything that has to do with your property; in other words, we are the eyes and ears to your home.
We’re available 24/7 for you and for the guests for any maintenance issue or emergency. Whether we need to change a light bulb or taking care of a larger maintenance issue, our reliable property managers are always available and excited to help. We are very proud to work with a selected team of experts and professional contractors.
You as the owner decides who will stay in your home. We screen all guests to ensure they fit your criteria.
Whatever your requirements are, Expat Housing Costa Rica aims to make owning a vacation home in Costa Rica easy and stress-free and is the only full-service property manager in San Jose with in-depth cultural knowledge about every aspect that comes with managing your vacation home in Costa Rica.
If you need a partner to help you arrange your move to this wonderful country or you need to find your home in Costa Rica don’t hesitate to contact //www.expathousingcr.com/ and we will make sure to have every aspect of your move covered for you and your loved ones.
Also for short-term and long-term housing options in Costa Rica www.expathousingcr.com – [email protected] – +506 6255 7577.