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Navigating the Path to Paradise: A Step-by-Step Guide to Purchasing Tamarindo, Real Estate.

Updated: Apr 2

Embarking on the journey to own a piece of Tamarindo, Costa Rica, is an exciting endeavor, and at Sol Realty & Investment Consulting, we're here to make your dream a seamless reality. Here's a step-by-step breakdown of the Tamarindo real estate purchase process:

1. Initial Contact and Consultation:

  • Reach out to Sol Realty & Investment Consulting and collaborate with a specialized Costa Rican attorney/notary public well-versed in Tamarindo real estate and corporate law.

  • Begin the property selection process, filtering through options to find your perfect fit.

  • Prioritize legalities with pre-arrival discussions and explore the possibility of starting a Costa Rican corporate entity for efficient title holding.

  • Consider international tax estate planning with your CPA.

2. Preliminary Title Search:

  • Once an ideal property is identified and negotiated, initiate a preliminary title search to ensure a clear and marketable title.

3. Purchase Contract Execution:

  • Execute the purchase contract, marking the commencement of a detailed title search and in-depth due diligence process led by your attorney-public notary.

4. Escrow, Insurance, and Utilities:

  • Identify an escrow holder for managing deposits and earnest money.

  • Consult with INS (Instituto Nacional de Seguros) for property insurance.

  • Explore utility providers for essential services.

  • For condo purchases, connect with fellow residents to address HOA-management concerns.

  • If considering renting your unit, consult with at least three qualified property management companies.

5. Due Diligence:

  • Allow approximately 18 calendar days for due diligence, adjusting for the complexity of the purchase if needed.

  • Address and remove any "subject to" clauses in the contract.

  • Conduct a final walk-through and inspection at least 48 hours before the settlement date.

6. Settlement/Close Date:

  • Experience the pinnacle of the journey with the settlement/close date, typically 45 days from contract execution.

  • Celebrate the exciting moment of officially becoming a property owner in Tamarindo, Costa Rica.

Sit back, relax, and savor the joy of your new property purchase with us at Sol Realty & Investment Consulting, located in the heart of Playa Tamarindo, Santa Cruz de Guanacaste, Costa Rica. Your paradise awaits!

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