RE/MAX Buyer’s Guide to Beachfront Properties in Mal País and Santa Teresa
Have you been researching about buying your own property in the paradise we call Costa Rica? The beaches of Mal País and Santa Teresa are highly sought-after for real estate investment. If you’re looking for an amazing vacation house, retirement retreat, or an investment, these 2 locations are the best beachfronts the country has to offer. We at RE/MAX Pura Vida know all about unlocking your new lifestyle in luxury living in Nicoya Peninsula’s most unique spots. We are specialized in making this dream into a reality so let’s explore our buyer’s guide.
Understanding Beachfront Property Ownership in Costa Rica
Costa Rica enforces special regulations on coastal properties to preserve its natural beauty and promote sustainable development. Beachfront property is classified into two primary categories:
- Titled Property: Fully owned, fee-simple land, commonly found outside the maritime zone (200 meters from the high tide line).
- Concession Property: Land within the maritime zone, leased from the government for a set term (usually 20 years). Foreigners can own up to 49% of a concession property through a corporation.
Collaborating with a seasoned real estate agent at RE/MAX Pura Vida and attorney is essential to negotiate these rules and facilitate a seamless purchasing transaction.
Key Considerations When Purchasing Beachfront Property
Location is Crucial
Mail País offers a lifestyle that is more fit for people that appreciate a quit and secluded atmosphere. It truly feels like you are here one with nature without any outside distractions. Ideal for those seeking privacy in a lush jungle just for yourself!
Santa Teresa is well know for its exceptional surf breaks, lively nightlife, and bohemian atmosphere.
It draws a diverse crowd from all around the globe. Most people are fanatic surfers, digital nomads that seek a hot climate, and luxury seekers.
Type of Property
An important step is if you are not yet certain on what type of property you want to educate yourself on all the options. There are many options here like: turnkey villas, rental investment properties, or vacant lots. Every choice has its own possibilities and solutions. Our agents are skilled in helping you find the right choice and helping along every step.
Infrastructure and Utilities
Some property opportunities still need to have the essentials setup. We always verify the accessibility of all the fundamental utilities. Such as water, power and internet. Especially if you’re interested in a remote lot or house be sure to read or ask if all the infrastructure is set in place. If not, your agent will know the next steps to ensure a comfortable stay.
Why Invest in Mal País and Santa Teresa?
High Rental Demand
Since the rise of more television series featuring Costa Rica as a travel destination the real estate industry has truly been booming. As well as an huge increase in remote work since the pandemic has made these areas a hotspot for long-term rentals and homes. Our province is the most popular are in Costa Rica for high income clients and luxury so the occupancy rate are high. Particularly in the dry season. Read this news blog about the increase of 2024.
Ready to get even more informed with our agents?
Owning you very own beachfront property in Mal País or Santa Teresa is not only a financial investment. For most it’s an opportunity to be immersed in a lifestyle that defines the beauty of nature, adventure and tranquility. By doing a self study (like you’re clearly doing if you’re reading this) can make you more confident and informed when talking to an agent.
Ready to start your beachfront property search after reading our buyer’s guide blog? See some of our listings in Mal País and Santa Teresa.
If you want contact us today for more in-depth expert guidance on finding your dream home in paradise see our contact page here. If you rather want to call here are our numbers: CR +(506) 2640-0123 | US +1-800-699-9424