Before beginning your search, it’s wise to make a few preparations to ensure the process is smooth and straightforward.
Organize Your Financials
Whether you plan to purchase in cash, with seller financing, or through a Costa Rican bank loan, it helps to have your documentation ready. This typically includes proof of funds, banking references, and records of assets you’ll use in the transaction. For financing, you may also need tax returns, investment statements, and local collateral documentation. Having everything organized positions you to move quickly when the right property comes along.
Explore Your Financing Options
While many luxury buyers in Nosara purchase with cash or seller financing, there are also loan options available to foreigners through select Costa Rican banks and private lenders. Terms differ from those in the U.S. or Europe, so understanding your eligibility and requirements early is essential. We can connect you with trusted local institutions and advisors experienced in working with international clients.
Maintain Financial Stability
As you prepare for your purchase, it’s best to keep your financial profile steady. Avoid large withdrawals, unexpected purchases, or career shifts that might affect liquidity or loan approval. Approaching the process from a position of stability ensures a smoother negotiation and closing.
