Should I Build a Retirement Home in Costa Rica?

TONS of Costa Rica Travel INFO & VIDEOS at http://TravelCostaRicaNow.com Hey Everyone! This little predicament came up a couple weeks ago concerning building a house a few years before actually retiring and moving to Costa Rica. We're talking with our good friend William who has some knowledge on the subject, so we asked for his opinion and suggestions. If you're thinking about buying property and building a house in Costa Rica you should definitely CHECK OUT this video and even if you're thinking about relocating to Costa Rica you want to acquire as much knowledge as possible so it won't hurt to take a few minutes.... hope it helps.

Category:

Travel & Events

Tags:

• Costa Rica
• retiring
• relocating
• moving
• building houses
• retirement
• real estate law

[dmacosta1]

thanks for sharing

[iCostaRica24]

@dmacosta1 your welcome.

[cloca63]

So.. what did you guys do?... Build or rent?

[iCostaRica24]

@cloca63 We rent.

[KaroCannV]

a friend of mine recently bought a property in Costa Rica, near the Pacific coast. The "lawyer" involved in the transaction was a friend of the seller, even though the seller had a reputation for being a drunk and not knowing how to administer his money. the lawyer shared a lot of rumors about the seller with my friend, the buyer. My friend already bought the property, but I wouldn't be surprised if it turns out that the property is legally his. At least he can't say nobody told him

[iCostaRica24]

@KaroCannV I wouldn't be surprised either.

[sanbuenaventuraman]

The smartest thing is to take out a small Scotiabank mortgage for construction. They will monitor the construction and issue cheques to the builder only after seeing work being done. There are normally five visits at about $100. each. It's better to have that bank monitor the entire construction. They also check out all deeds etc. prior to construction. It's worth the $500.

[iCostaRica24]

@thedrickster99 Random ACT of violence. Totally fucked up but it's not like that happens much. Very unfortunate.