Thinking of buying real estate in Costa Rica? You’re not alone—thousands of international buyers from Canada, the U.S., and Europe are discovering the incredible lifestyle and investment opportunities that Costa Rica offers, especially in sought-after areas like Uvita, Ojochal, and Dominical.
But purchasing property in a foreign country can come with its own unique set of challenges. At Century 21 Ballena Properties, we’ve helped countless buyers successfully navigate the Costa Rican real estate market—and we’ve seen the common mistakes that trip people up.
In this post, we’ll break down the 5 most common mistakes foreign buyers make (and how to avoid them), so you can move forward with confidence.
1. Not Working with a Reputable Local Realtor
The Mistake:
Some buyers rely on online listings or try to go it alone, thinking they’ll save money by avoiding real estate commissions.
Why It’s a Problem:
Costa Rica’s real estate market isn’t regulated the same way as in the U.S., Canada, or Europe. There’s no national MLS system, and anyone can technically call themselves a realtor.
How to Avoid It:
Work with a licensed, experienced real estate professional who knows the local market—and has a solid reputation.
👉 Browse vetted properties here or contact us for a free consultation with a trusted agent.
2. Skipping Proper Due Diligence
The Mistake:
Some buyers fall in love with a property and rush into making an offer without thoroughly checking things like land titles, zoning, water rights, or access roads.
Why It’s a Problem:
Not all properties in Costa Rica are properly titled or legally buildable. A beautiful piece of land with no legal water source can turn into a nightmare.
How to Avoid It:
Always conduct professional due diligence before committing. Your agent should connect you with a trusted real estate attorney and assist you throughout the process.
💡 Want help navigating the legal side? Schedule a free consultation with our expert team.
3. Underestimating Closing Costs and Ongoing Expenses
The Mistake:
Many buyers only budget for the purchase price and forget about additional expenses like legal fees, property transfer taxes, homeowners’ association (HOA) fees, and maintenance costs.
How to Avoid It:
Ask your agent for a clear breakdown of closing costs and get an estimate of ongoing expenses.
Looking for a property that fits your budget long-term?
👉 Explore our listings with complete details and transparent pricing.
4. Choosing the Wrong Location for Your Needs
The Mistake:
Some buyers choose a location based on Instagram photos or a quick vacation experience—without truly understanding the area’s lifestyle, climate, or access to amenities.
How to Avoid It:
Spend time exploring different regions and speak to locals or professionals who live here. We help clients find the right community match based on lifestyle goals—whether that’s surfing, privacy, family living, or retirement.
✅ Need help choosing the right town? Contact us to get local advice—no pressure, just local expertise.
5. Not Considering Resale or Rental Potential
The Mistake:
Some buyers purchase emotionally, without thinking about the property’s long-term value or ability to generate income.
How to Avoid It:
Even if you’re buying for personal use, think like an investor. Our agents can guide you to properties with excellent resale and rental potential in high-demand areas.
🏡 Ready to invest smartly? Check available homes and income properties in the Southern Zone.
✅ Final Thoughts: Buy Smart, Live Well
Buying property in Costa Rica is an exciting journey—and when done right, it can be one of the best decisions of your life.
Avoiding these common mistakes will save you time, money, and stress—and help you find a home or investment that truly fits your dreams.
📞 Whether you’re just getting started or ready to schedule viewings, the Century 21 Ballena Properties team is here to help.
👉 Browse all current real estate listings in Costa Rica
👉 Book your free consultation with a local real estate expert
Let’s make your Costa Rica dream a reality—together.
