Should I buy or rent a home in Playa Jaco?

If you have not spent a lot of time in Playa Jaco, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"We purchased our own home. This was an easy process as you do not need to be a resident to own property in Costa Rica. However, I would advise anyone whether renting or purchasing property to hire a reputable attorney to assist with the process," said another expat in Playa Hermosa de Jaco, Costa Rica.

"Whether you should buy or rent a home in Playa Jaco depends on your individual circumstances. If you are looking for a long-term investment or want to become a permanent resident, buying is likely the beneficial option. Buying will ensure you have a permanent place to stay, can use the home for vacation getaways, and may give you the opportunity to make a financial return if you decide to rent the property out when you’re not using it. On the other hand, if your plans are more short-term or you want to live somewhere but don’t feel comfortable making a longer-term commitment, then renting may be a better option. It will give you flexibility and often require less upfront costs than purchasing a home. Ultimately, you should weigh your own pros and cons to decide which option is best for you," wrote a member who made the move to Playa Jaco, Costa Rica.

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