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Buying Land in Costa Rica . . . .. . . Download pdf of Frequently Asked Questions
• How do I purchase land at Palm Springs?
• How is title transferred?
• Can I purchase land with other parties?
• What are the closing costs?
• What are the property and capital gains taxes?
Closing costs include a number of taxes and stamps, a notary fee, and any additional mortgage or escrow fees. Historically, closing costs are shared equally between buyer and seller. Buyers should expect to pay between 3.5-4% of the total purchase price in closing costs which includes property transfer tax (1.5%), notary fees (1.5%) and stamp duty fees (.5%). Buyers will receive a closing costs statement from Steward Title and Escrow.