Video: An attorney’s advice on buying property in Costa Rica

October 24, 2017
5 Comments

Roger Petersen, a Costa Rica attorney specializing in real estate law, shares his advice on buying real estate in Costa Rica in this, the first of a series of videos for The Tico Times.

Petersen, author of the book “The Legal Guide to Costa Rica,” has been practicing law for 22 years with a specialization in real estate transactions.

Click below to watch the video.

Contact Roger Petersen at (506) 2288-2189 ext. 101 or at rpetersen@plawcr.com. Read his blog at www.CostaRicaLaw.com.

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5 Responses

  1. Great Video Mr. Petersen, with great comments, especially the one about pre-construction. Due diligence is the key!! We always recommend our buyers to use a fully bi-lingual real estate attorney for all real estate purchases, so the due diligence process will be followed.

  2. I’ve known Roger since 1991, when I first moved to Escazu, Costa Rica. His insights in this video are spot-on! He is among the very best real estate lawyers I have had pleasure to work with.
    I look forward to the rest of the videos in this series.
    Howard L Krangle, Toronto (TREB, RECO, CREA, RENE – Registrant)

  3. North Americans buy farms in Costa Rica, illegally divide the land into building lots, and sell the lots without being able to provide building permits. These criminals should be charged by the Costa Rica government “but they are not”. Don’t buy a lot unless you see the deeds first, and only pay 75% of any asking price “as all lots and property being sold in Costa Rica are grossly over priced”.

  4. In response to the question about how a condominium that had no municipal permits was registered in the National Registry. With a specific case such as your you would have to review both the municipal file and the registration process of the condominium in the National Registry to get to the bottom of what actually happened. To get the condominium registered in the National Registry the project must comply with the Condominium Law (Ley 7933) and the regulations (Reglamento).