Pool Maintenance $75
Pool Electricity $50
Property Management $75
Deferred Maintenance $50
That quickly adds up to $365 per month, while not including one the most important things that absentee owners need, security! Not to mention, vacation rental management and marketing which will be needed to rent out your property. Most likely the condo property will be more sought out as a vacation rental vs. a stand alone home as most vacationers also seek out the amenities and conveniences of the a beach condo. In fact, most often the rental income made from a beach condo will usually easily cover all of those fees.
And remember your property taxes for these beach properties in Costa Rica are usually in the range of $600-900 a year! So yes, there are going to be costs associated with owning a condo in Costa Rica, but with that comes assurance that your property is being maintained, looked after and rented out.
Right now there are a few motivated sellers featuring direct beachfront condos from $250,000! For more information contact me direct at 707.962.4482