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How Much Does It Cost to Buy Property in Costa Rica?

2025 Guide to Prices, Fees & Regional Market Trends


Costa Rica’s real estate market continues to attract global buyers in search of lifestyle upgrades, investment returns, and secure long-term value. But how much does it really cost to buy property in Costa Rica in 2025? What are the price ranges, hidden fees, and regional cost differences you need to know?


This comprehensive guide breaks down current property prices by region, explains taxes and transaction costs, and gives real insights into what type of home your money can buy - whether you’re investing in a luxury villa in Papagayo or a condo near the beach in Playas del Coco.


Modern luxury villa in Costa Rica overlooking the Pacific Ocean – real estate prices and ownership costs in 2025

💸 Average Property Prices in Costa Rica in 2025


The average home price in Costa Rica varies greatly depending on location, proximity to the coast, build quality, land size, and whether it’s a titled or concession property.


Here’s a snapshot of average prices for mid-to-high-end homes in Costa Rica’s most popular regions:

Region

Average Price (USD)

Price Range (USD)

Santa Teresa

$2,091,000

$1.2M – $5M+

Dominical

$1,683,000

$900K – $3.5M

Tamarindo

$1,215,564

$500K – $3M

Papagayo

$1,011,700

$450K – $3M

Escazú

$1,030,915

$180K – $3.6M

Jaco

$992,571

$350K – $2M

Manuel Antonio

$893,000

$450K – $2.5M

Playas del Coco

$550,000 – $950,000

$350K – $2M

➡️ Note: Prices are for titled homes or villas with at least 2 bedrooms and modern finishes. Lots and undeveloped land are significantly lower.


🏠 What Can You Get for Your Budget?


Here’s what your money buys in different budget brackets:

$250,000–$500,000:

  • 1–2 bedroom condos near the beach (Playas del Coco, Jaco, Samara)

  • Townhomes in gated communities with shared amenities

  • Small homes with pools in inland towns like Grecia or Atenas


$500,000–$1M:

  • Ocean-view villas in Playas del Coco or Tamarindo

  • 3–4 bedroom modern homes with pools and rental potential

  • Small luxury homes in Dominical or Uvita with eco-design


$1M–$2M:

  • High-end homes in Papagayo or Santa Teresa with full amenities

  • Boutique eco-lodges or Airbnb-ready investment properties

  • Brand new construction with smart home features, solar, and custom design


$2M+:

  • Luxury estates with full staff quarters, panoramic ocean views, and prime hilltop locations

  • Homes in ultra-exclusive communities (Peninsula Papagayo, Las Catalinas, etc.)

  • Full beachfront parcels for boutique development or private compound


⚖️ Transaction Costs: What to Expect at Closing


Beyond the property price, Costa Rica has transparent but often overlooked closing costs. Budget for:

Cost Type

Approximate Rate

Transfer Tax

1.5% of purchase price

Legal Fees

1.0%–1.5% (shared or negotiated)

Notary & Registry Fees

~1%

Escrow Services

$500 – $1,000 (fixed fee)

Due Diligence (Surveyor, etc.)

$300 – $1,000

Corporate Setup (optional)

$600 – $1,200

💡 Total closing costs typically range between 3.5% and 4.5% of the purchase price.


🧾 Annual Property Taxes in Costa Rica


One of the most attractive features of owning real estate in Costa Rica is the very low annual property tax.

Tax

Rate

Example

Standard Property Tax

0.25% of registered value

A $600,000 home pays ~$1,500/year

Luxury Tax (if applicable)

0.25% – 0.55%

Applies to homes valued above ~$240,000 (construction value only)

Even high-end homes incur far less annual tax burden compared to the U.S., Canada, or Europe.


💼 How to Pay: Currency & Financing Options


Most transactions in Costa Rica are completed in U.S. dollars, making the process more straightforward for international buyers. However, keep in mind:


  • Mortgage financing is extremely limited for non-residents. Cash purchases or private financing are most common.

  • Some developers offer seller financing with 30–50% down and short-term terms (2–5 years).

  • For large purchases, structured payments through escrow are standard and legally protected.


📈 Market Appreciation: Is Costa Rica Still a Smart Investment?


Yes - and 2025 may be one of the strongest years for property appreciation yet. Trends fueling this growth include:


  • Remote work culture making long-term stays more common

  • Retiree migration from North America and Europe

  • Luxury tourism driving Airbnb and boutique rental demand

  • Inventory shortages in top-tier regions


🏡 Property values in Tamarindo, Santa Teresa, and Playas del Coco are projected to rise 6–8% over the next 12 months.


🏙️ Where to Get the Most Value in 2025?


If you’re looking for the sweet spot between value and upside, consider these regions:


🔹 Playas del Coco (Guanacaste)

  • Great for families, digital nomads, and retirees

  • Close to Liberia Airport and private healthcare

  • Lots of new developments and rental potential


🔹 Papagayo Peninsula

  • High-end luxury homes and gated resort communities

  • Strong appreciation due to scarcity and exclusivity

  • Ideal for second-home buyers or luxury investors


🔹 Dominical & Southern Zone

  • Emerging eco-luxury hotspot

  • Growing wellness retreat market

  • Long-term appreciation potential


📍 Final Thoughts: Is Buying Property in Costa Rica Worth It?


For the cost, tax benefits, lifestyle, and global appeal, Costa Rica remains one of the most compelling places to buy real estate in 2025.


Whether you’re relocating, retiring, or investing, understanding the full cost of ownership - including regional pricing, closing costs, and tax structure - will position you to make a smart, long-term move.


Want help finding the best condo deals in Playa del Coco?

Contact me directly for personalized listings, video walkthroughs, or a free consultation.


sabina@palmrealetsatecr.com| WhatsApp Me +506 8713 8080 | Based in Guanacaste, CR

 
 
 
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