Ivo’s Blog by Godutch Realty

a Costa Rica real estate blog

Costa Rica escrow and real estate closingArtboard 2

Costa Rica escrow and real estate closing

Estimated Reading Time: 7 Minutes What is Costa Rica escrow, and why should you use escrow for a real estate closing? Is it really necessary? The Costa Rican authorities don’t want you to purchase a property with a wheelbarrow full of money. For many years, cash purchases happened all the time. Worldwide, authorities want more…

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How we measure properties in Costa RicaArtboard 2

How we measure properties in Costa Rica

Estimated Reading Time: 4 Minutes Did you know we might measure properties in Costa Rica differently than you do? It depends on which measurement system you were educated in. When in school, you might have learned to measure properties in yards, inches, square feet, and acres. In our beautiful country, all that is no good,…

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Does Costa Rica have security issues or notArtboard 2

Does Costa Rica have security issues or not

Estimated Reading Time: 6 Minutes Why is there so much razor wire everywhere? It seems there are security issues in Costa Rica, or not? Many clients ask if Costa Rica has security issues when they start their due diligence. Usually, that is because they see so much razor wire and bars everywhere. Most cities and…

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All About The Property Sale ProceedsArtboard 2

All About The Property Sale Proceeds

Estimated Reading Time: 4 Minutes Did you know that Law 8204 can freeze your property sale proceeds if you cannot show the origin of the funds? The sale proceeds are the funds received by a recipient from the sale. You might think, “What do I care where the buyer got the money.” But, unfortunately, you…

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