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Finding
the right rental home or apartment can be
difficult. Recognizing
the need for assistance in this area, Casa Canada
Group created a database of available properties
for sale or rent in its real estate division.
The real estate department is located in
Casa Canada Anexo 1, telephone 222-1722.
The
real estate division works with a network of
proven professional real estate companies, agents
and brokers in addition to its own sales staff.
Once a client’s requirements are known,
properties meeting the client’s criteria will be
located and shown to the client.
Casa Canada Group will also list properties
for sale, advertising them in newspapers, on its
real estate web site, in El Residente magazine,
through the Association of Residents of Costa Rica
and through an affiliated network of mortgage
companies and brokers.
The
ownership of real estate in Costa Rica is
guaranteed by the constitution for both citizens
and foreigners.
Realtors do not need to be licensed, and
trust accounts for deposits do not exist as known
in North America.
If you plan to purchase real estate be
certain you have a reputable realtor and lawyer.
Casa Canada Group and the Association of
Residents of Costa Rica can assist with
recommendations for both.
The financial arm of the Casa Canada Group
will safely hold deposits for real estate in trust
for the purchaser.
Title insurance can be arranged through
ARCR Administration S.A. with Stewart Title, and
computer studies of land titles can be done in the
ARCR office.
Real
estate can be a very good investment in Costa
Rica, and by using the professional property
management of Casa Canada Group rental and holding
properties can be profitable.
It must be stressed, however, that it is
not like buying real estate in North America.
It is essential that a good, honest realtor
and a knowledgeable lawyer be involved in the
transaction to ensure everything is as it appears
to be, and that all agreements by the seller are
met. Real
estate scams operate in Costa Rica, and part of
the services of Casa Canada Group is to help
people avoid these pitfalls.
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