The Buying Process
Finding a Broker
Language
Much business in Costa Rica is done in English. One could easily broker a real estate deal in Costa Rica without ever speaking a word of Spanish. It may surprise you to hear that having a broker that speaks Spanish is vitally important. Their commitment to learning the real estate laws, gaining valuable contacts and finding best ways to help you find the best deals in Costa Rican real estate are mirrored by their commitment to learn the language and the culture.
Why are they in a Spanish speaking country if they do not speak Spanish? Why are they in Costa Rica if they are not getting the full benefit of the wonderful culture and experiences that the country offers? If they cannot or will not make the long and difficult commitment to learn the language then they are not the caliber of individual that you want advising you during a monumental financial and life decision. Maybe they are willing to make the commitment, but have not been in Costa Rica long enough to learn the language? That is a red flag on the experience and track record issue!
While business can be done in Costa Rica without Spanish, the lawyers, accountants, property owners and bankers will respect an individual who values their language and culture. Spanish news papers have property listings that are the exact same as the English news papers, but for up to 300% less. The negotiating respect and full disclosure from those who the broker works with in order to get you the best deals in the market will be more accountable and offer better prices to those who are fluent in Costa Rican culture!
While going through the process of closing on real estate, out of respect to you, the lawyers and others that are involved will speak English. It is likely that you will not see your broker speak a lot of Spanish regardless of his or her proficiency, but the value of this factor should be understood by a prospective buyer.
