Aliter Corp S.A. is North American owned and operated and maintains the strictest of American ethics regarding dealings with both buyers and sellers. While some sellers may list their properties with numerous brokers, many brokers will not convey offers that they (the broker) deem undesirable. Aliter Corp S.A. believes that we have an ethical obligation to disclose all offers and let our clients make the decision to either accept or decline the received offer. Some companies claim to have exclusive listings, the reality is very few companies actually do. Aliter Corp S.A. has exclusive listings and also lists properties that are publicly listed. Aliter Corp S.A. however will not list on its site publicly listed properties that it considers to be overpriced or deal with agents that deal in net listing practices, as there is no one MLS (multiple listing service) for Costa Rica. Please check this page frequently as it will be updated to contain properties that we consider worthwhile investments.

Can foreigners’ own real estate in Costa Rica?

Real Estate may be owned either by an individual or in the name of a Costa Rican Corporation (S.A.). Costa Rican Corporations are permitted to have limited partnerships with North American or European companies.

All laws, real estate or otherwise, apply equally to citizens, foreigners or companies.

Costa Rica has a superb system of titled land, with titles inscribed in a Central Registry, plus guaranteed title is available through Stewart Title from the USA. There are many rules and regulations that Aliter Corp S.A. can assist you with pertaining to coastal properties.
1.) Any encumbrance or lien that affects the title, must be inscribed in the Official Registration Book.
2.) When an inscribed title is "free of encumbrance", any claim not registered prior to the sale is invalid.

TITLED PROPERTY on the coast normally begins 200 meters back from the average high tide mark (A few exceptions exist on "grand-fathered titles" previously titled properties, which grants a title to within 50 meters of this mark.) This 200meter strip of land between the water and titled property is divided into two zones:

a) The first 50 meters (164 ft.) from the water is known as an "Inalienable Zone", which cannot be owned, titled or leased (construction not permitted). This is "Public Land".

b) The next 150 meters are classified as the "Zona Maritimo Terrestre" (Maritime Zone), which may be used under a lease from the nearby municipality. Municipal "Use Permits" (leases), for the 150meter maritime zones, permit many types of usage, including both residential and commercial construction. Such leases are long term renewable and cost about $1 to $2 per frontage meter of property per year. (There are some exceptions to the leasing of these zones, so each case should be investigated separately.)

Costa Rica has a superb system of titled land, with titles inscribed in a Central Registry, plus guaranteed title is available through Stewart Title from the USA. There are many rules and regulations that Aliter Corp S.A. can assist you with pertaining to coastal properties.
1.) Any encumbrance or lien that affects the title, must be inscribed in the Official Registration Book.
2.) When an inscribed title is "free of encumbrance", any claim not registered prior to the sale is invalid.

PROFITABLE real estate investment opportunities are now emerging, as the rest of the world has finally discovered Costa Rica. Daily publications throughout the world praise Costa Rica’s virtues. The "Noble Peace Prize" awarded to the President in 1988, together with this country's warm and generous people and their incredible National Parks system, have contributed to overcome much of the negative press generated by events in neighboring countries. Tourists and businessmen are investing in this tiny nation, creating a boom in the real estate and tourist construction sectors while generating demand for all related services.

Aliter Corp S.A. does not list all available properties in Costa Rica. We specialize in locating what we deem “value buy properties”, we do not list overpriced properties. We recommend what we consider to be the best values for our individual client needs. Listings include both developed and undeveloped land in all tourist and residential areas, as well as commercial sites around San Jose.
Moneymaking real estate opportunities are readily available in Costa Rica, from simply renting out your beach house to small sub-development and lot splits, to complete resort developments. Aliter Corp S.A.’s expertise lies in locating under market-valued real estate in whatever area of Costa Rica our clients desire. Aliter Corp S.A. is your one stop solution as a foreigner to locating any type of property you may desire. There are times that we deal with sellers who do not offer a sales commission. We then work with the buyer on your behalf to obtain the lowest possible purchase price. A fee of the final purchase price is then charged to the buyer/client for these services.

Possible Development Options

Purchase of a Lot and Home Construction...The property becomes a potential income producer upon completion. Our company will interface with local and international agencies, renting and managing the property as desired. This strong rental demand generates continuous income due to Costa Rica's current lack of housing that are up to par (USA standards) in desirable locations.

Investor / Developer Project

This Program is designed for the investor/developer Aliter Corp S.A. will locate property for you and assist in its management and development, if so desired. We carry many sites, starting at $15.50 per M2 depending on location. We also come across property owners that are looking for first mortgages against properties that are completely secured and lien free. These types of investments usually pay double-digit interest rates and may be of interest to some private investors looking to receive a higher rate of return than conventional banking may offer.

Long - Term Property Investment

This Program is for the investor who wants to purchase relatively large tracts of land. We now have several properties for sale. For further information please contact us. Again, we can assist in all phases of development, from simply inscribing the property as a forest reserve and protecting it...to tourist development and/or reforestation.

The above scenarios are simply guidelines. We do not recommend that you make a real estate purchase unseen, as any reputable realty company would advise. If any of our offerings are of interest you, after you have received the initial information and are interested, we strongly advise you visit Costa Rica, and inspect the properties prior to finalizing any deal.