Costa Rica has many excellent real estate agents. However, there are two main problems with selling/buying real estate in Costa Rica: 1) there are no definitive regulating agents, law or authorities to oversee the market; and 2) that said, anyone in Costa Rica can buy and sell real estate, which unfortunately allows those with malicious intent to get into the market.
Unless you know the market, the most important thing when buying or selling is to look for an agent or firm with a good track record and experience. Experience comes with knowing Costa Rica and knowing the laws. When buying/selling, you have to do your due diligence to make sure that property is titled correctly; that there are no liens or hidden mortgages; that the owner is in fact the real owner; that the property’s dimensions are correct, etc. For this one has to employ a competent real estate attorney.
Real Estate Costa Rica has conscientious people working with it. For instance, one real estate lawyer we highly recommend is a Canadian who practiced law in Canada for 15 years before coming to Costa Rica, completing law school here, and being admitted to the Costa Rican bar. Many of its associates speak several languages. We also have a few Costa Ricans who were educated in the US, some even practice law in the states, before setting up law practices in Costa Rica.
We work with many reputable agents that are bilingual, and have been selling/buying real estate for years, so they know the market and areas, or can recommend someone whose expertise is in that specific area of the country.
Following a 10-year career in the construction industry and as a private homebuilder in the San Diego area, Richard Krug settled in Costa Rica 25 years ago. He initially became involved in the commercial export of seafood from Costa Rica to the United States and then set up a sportfishing/tourism desk at the Hotel Del Rey in San José 15 years ago. His companies Americana Sportfishing and Fish Costa Rica have been among Costa Rica’s most successful and best-regarded providers of fishing trips, complete fishing vacations and fishing packages in the country.
Richard Krug entered the real estate market first as a broker and now as an owner and developer. Aside from owning ocean view land in the rapidly growing Playa Hermosa/Jacó area of Costa Rica, he is co-owner and co-developer of the 62-acre Lomas Coronado project on the South Pacific coast, plus the very successful Americana Real Estate marketing company.
Visiting Costa Rica for the first time in 1988 Joanne Loewen immediately fell in love with the country and it’s people. After buying a home in Santa Ana, Costa Rica in 1993 she started the company Grupo Santa Ana del Oeste, S.A. with three other partners. As president of this company she divided it into several disciplines; Graphic Design & Marketing, Real Estate and Tourism & Hospitality.
She has worked with several real estate companies and land development companies on corporate identity, publicity and design and has seen the market “ebb and flow” over 20+ years. Over this period she has marketed many real estate developments in the Central Valley, Guanacaste, Central Pacific and Southern Pacific and is not a stranger to these areas and how their unique markets have evolved.
In addition to her graphic design business she is now an associate at Real Estate Costa Rica and is actively marketing properties and assisting buyers in finding their ideal home, business location or that special parcel of land in Costa Rica.
After graduating from the University of Toronto, Canada, in 1968 and working for a labor publication in the city, Mark Sydney was seconded to a division of the International Labor Organization in Geneva, Switzerland, where he did research; worked on publications and translations; and organized conferences, conference documentation and conference translations around the world.
Over almost 20 years, he had the opportunity to visit 130 countries and to enjoy extended work-related stays in Paris, Budapest, Helsinki, Cairo, Bogotá, Moscow and Brussels. He speaks, besides English of course, French, Spanish, Russian and a fair smattering of Italian and German.
After returning to Canada, Mark Sydney was then hired by the Soviet Embassy in Ottawa for its press and publications department. When that position died with the collapse of the Soviet Union, he migrated to Costa Rica where he has resided ever since. From having owned an art gallery in San José, he has successfully worked (for the past dozen years or so) in the general travel, sportfishing and real estate businesses first including a custom Costa Rica Travel Service and now as an Associate of Americana Sportfishing, Fish Costa Rica and the administrative guru at Real Estate Costa Rica.