Tamarindo, Costa Rica, is a dream destination for many, offering pristine beaches, world-class surfing, and a vibrant expat community. Whether you're looking for an investment property, a vacation home, or a permanent residence, navigating the real estate market here requires some insider knowledge. Why Invest in Tamarindo? Tamarindo has grown into one of the most sought-after destinations in Costa...

Many real estate associations in Costa Rica mislead the public by passing their members off as licensed real estate agents or NAR-approved professionals. The reality is quite different, and here’s why: 1. Costa Rica Has No Formal Real Estate Licensing System Unlike the U.S. or Canada, Costa Rica does not have a national real estate license for agents or brokers. Real estate is an open...

First and foremost we would like to wish our clientele a happy, healthful and prosperous new year, 2025. After a rather sideways, neutral year for sales in 2024 in the midst of almost countless new projects being announced for the Playa Tamarindo, Flamingo, Coco, Papagallo, Avellanas and Negra Axis and elsewhere in Guanacaste, we are beginning to see price reductions across the board. While demand is...

This short summary provides an accurate overview of Costa Rica's tax legislation for landlords in 2025. Understanding these rules can help landlords optimize their investments, stay compliant, and avoid legal and financial woes. Please find the summary of the key information below: Key Points Luxury Tax: Applies to properties valued over $233,900, with rates ranging from 0.25% to 0.55%. Property...

As of the last update in 2023, Costa Rica has specific regulations regarding rental income generated from platforms like Airbnb and VRBO. While tax law can evolve, here's an overview of the rules for rental income: 1. Income Tax on Rental Income: Residents and Non-Residents: Both residents of Costa Rica and non-residents who generate rental income from property in Costa Rica are subject to...

Sales last month dropped significantly compared to the rapid pace we saw 12 months ago. It seems we have peaked in this 2023-2024 cycle and are now in a holding pattern until after the U.S. elections. Combined with the anticipated rate cuts from the Federal Reserve this month, and possibly a few more beyond that, we could see another rally in real estate prices across the board. Despite the downward...

We are happy to report that progress has been made at breakneck speed with on time delivery planned for December, 2024. There are some fantastic units here still to be had, and we advise to get them now before the price increases come upon completion. Sol Realty has a very close relationship with the developer, so please come see us to schedule a showing and land the very best deal...

On February 23, 2023, the regulation of the Law for the Attraction of Investors, Rentiers (Rentistas) and Pensioners (No. 9.996) was published. The purpose of the regulation is to regulate the tax treatment and the procedure for the authorization of this type of residences, aiming to simplify the procedures for the applicant. Some of the most significant changes with respect to Law No. 9.996 are as...

While sales last month were down in the aggregate, there were still some good sales to be seen if one knew where to look. While these were a hodgepodge of different product, the things all these sales had in common was actually bang for the buck and value. As always, locations were always prime to be sure. Average price ranges were about $1,500,000 and change with newer, undated tropical modern...

This green season has been extraordinarily wet, with incessant tropical lows turning our wonderland a lush fluorescent green, especially notable when the sun peeks out every other day or so. The current market has seen a mix of closed sales of high-value, quality properties only, with asking prices dropping daily across all property categories. Meanwhile, new luxury pre-construction offerings are being...