Financing real estate in Costa Rica is not always an easy task, but possible.
Bank financing is similar to that found in other countries. However banks will only finance up to about 60% of their appraised value of the property and there are restrictions if the property is your home, a rental or commercial.
Costa Rica lies in the tropics, between 8 and 11 degrees north of the equator.
It's no secret that over the years, Costa Rica has become a hotspot for expats. This might have something to do with the fact that Costa Rica is the most democratically stable country in Central America and boasts 5% of the world's flora and fauna in one tiny postage stamp sized country on this beautiful planet of ours. Then again there is the weather factor.
The weather in Guanacaste is tropical all year long and experiences the least rainfall in the entire country. A little known fact is that Costa Rica is located below the 10th parallel. What does that mean? Well, it means that hurricanes, except is very rare extreme conditions, can not form below the 10th parallel. No hurricane season here folks!
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