There are costs associated with owning or buying a luxury property in Costa Rica. These include taxes, transfer fees, legal fees, property taxes, capital gains tax, and the luxury property tax.
The cost of buying a luxury property in Costa Rica typically amounts to a percentage of the transactional value. On average, this ranges between 3% and 3.5% over the transactional value, including taxes and registry stamps. Legal fees range between 1 and 1.25% according to established rates.
