Marbella Real Estate is located in Playa Marbella, Guanacaste. It’s the most beautiful and unpopulated area in all of Costa Rica. The weather is always amazing here and the ocean and the wildlife are incredible too!  We love living at the beach!

I would love to help you look for your dream home or a lot! Just as we have helped save money, time, and energy for countless others taking on the challenge of purchasing real estate in Costa Rica

It would be my pleasure to do some additional research for you. Please help me by answering these questions:

1. Have you been to Costa Rica before? Or will you be coming here soon?

2. What is your timing for the purchase of property?

3. What is your budget?

4. Any preference on a house, condo, townhome?

5. How many bedrooms/bathrooms do you need?

6. What are some key features you are looking for?

7. Have you been working with another agent?

NOTE-The large majority of my clients purchase “Vacation Rentals” – meaning they use the property for their vacations and rent it out when they are not here. In Costa Rica, you can expect to generate approximately 10% gross income versus the value of the property you are buying. For example, with a $200,000 condo, you could gross approximately $20,000 per year. The rental income would cover the annual expenses and you could expect approximately a 5% net return. The closer you are to the beach, and the nicer the views, the higher the rental demand and the higher the return that can be expected.

The majority of the real estate sales in Costa Rica are cash. There are very limited local funding options for expats here in Costa Rica. The best and most affordable option for financing would be to secure financing from your home country; through a home equity loan, second mortgage, line of credit, personal loan, etc. The second best option is to see if the owner of the property that you are interested in, is willing to offer owner financing. Owner financing typically requires a 50% deposit and has an interest rate of 6-8% for 2-5 years with a balloon payment at the end. There are also some banks that offer financing for foreigners: Scotiabank in Costa Rica and Redwood Financing in the US. At this point it will cost you approximately 8.5% interest plus 4% of the loan value in fees if you get the loan through one of these banks and you must have a near-perfect credit score to qualify for funding with them. Lastly, if you do not qualify for bank financing, private funding may be available at 12-15%.

I encourage you to check out our 5-star reviews on Google or on Facebook or on our Client Reviews section of our website and see what our clients have to say about us.