Where to Look for Distressed Costa Rica Luxury Properties and Investments
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Buying luxury properties in Costa Rica can be a smart move for both investment and personal use, depending on your goals.
Costa Rica offers very favorable property ownership laws where foreign investors and buyers have full property rights, which is not the same as in many other Caribbean and Central American countries.
Discover Costa Rica properties listed by estate agents and owners, search for property for sale, rent or investment on IPD.
Costa Rica Featured Listing
Incredible Costa Rica Beachfront Lot for Sale
Location
Playa Grande , Guanacaste
Property Type
Land
Bedrooms
N/A
Bathrooms
N/A
Price
$1,250,000
Popular areas of the Costa Rica with International Buyers:
There are many places to find distressed or foreclosed properties in Costa Rica, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
Popular areas of the Costa Rica with International Buyers: