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These pages are produced by Costa Rica Retirement Vacation Properties.  This area has been designed to inform Costa Rica Real Estate buyers of the many aspects of purchasing Real Estate and living in Costa Rica. You will find nformationon the Central Valley, Central Pacific, South Pacific, North Pacific, Caribbean and Arenal
 
 

Costa Rica Real Estate

Costa Rica Real Estate Information Center
 

Costa Rica - Housing, Finding & Purchasing Retirement Real Estate - Squatters

Squatters

Squatters, or precaristas, as they are known in Costa Rica, can be a real problem.

In Costa Rica squatters have certain rights. The laws that protect them were originally passed to prevent wealthy people from acquiring too much land, as in some Latin American countries. Land ownership here is an active process  stop taking care of it and it will go to someone who will. It is the law and the intent of the law. Costa Rica did not establish its law so that foreigners could buy large chunks of land and leave it idle as a future investment. They established their law originally so that they wouldn't have a large class of people denied land because a few very rich owned it.

Undeveloped land is a prime target for squatter invasions. Once they establish themselves on your land, it is difficult to get rid of them. If they occupy the land for less than a year, it is fairly easy to have them removed, especially during the first three months. The sooner you get them off the land, the fewer problems you will have. Be careful! After a certain period of time they can claim the land as their own.

The best way to avoid squatters is to prevent them from settling on your land. Visit the land periodically to help prevent people from settling on it. If you cannot live on your property year-round, then you will have to hire a guard, caretaker or a reliable house sitter to watch it for you. If you have a caretaker make sure to obtain a receipt each time you pay him. Have your lawyer or some other person keep an eye on your caretaker. There have been cases in which caretakers have tried to squat on land.

Also, make sure boundary fences and limit signs are well maintained and visible. If you have to be an absentee owner, you can have a friend or attorney stop by to check your property periodically.

There is a trustworthy professional house-sitting agency in San José that will watch your home while you are away. It is bonded and will provide references upon request. You may contact the agency at 2567890.

For some people it is better to rent for at least six months. However, whether you rent or buy first really depends on your comfort level. Make sure to buy where it's easy to rent or sell your home or condominium in case you change your plans, or in the event of a personal emergency. If you choose to purchase in a popular area in the path of progress you should not have a problem selling your home if it is priced correctly.

If you want more information contact Costa Rica real estate and retirement properties or call toll free 1 888 581 1786.

 
Information herein is authorized through the courtesy of Christopher Howard, author of the best selling Costa Rica information source, The Golden Door to Retirement & Living in Costa Rica.Please be aware that all information herein is protected by COPYRIGHT © and misuse of it will carry a penalty by law.

For the full text and to have a handy fingertip guide you may purchase the book in it's entirety here: Costa Rica Books
 
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