Ivo’s Blog by Godutch Realty

a Costa Rica real estate blog

Reflections of a home invasion victim Artboard 2

Reflections of a home invasion victim 

Estimated Reading Time: 4 Minutes We were victims of a professional, well-planned home invasion. It is everyone’s worst fear of any crime because it happens in your home while you are there. The criminals were in our home for over an hour looking for a safe and money that was not there. This is not a…

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6 Reasons why 5 bedroom homes are impossible to sell

Lately, we have been receiving quite a few requests to sell 5 bedroom homes. The problem is, they’re impossible to sell. Unless the price is extremely attractive! There are several reasons why these 5 bedroom homes in Costa Rica are impossible to sell. Unless they’re a large luxury beach home that caters to the rich…

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Cheap Central Valley homes under $175,000

Are you looking for cheap Central Valley homes? Then you have arrived at the right place: GoDutch Realty. Real estate prices in Costa Rica have gone up so much that it is difficult to find any Central Valley homes under $175,000 anymore. BUT, you just need to know where to look. At GoDutch Realty, we…

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7 Expenses that lower profits on Rental Investment Property

Estimated Reading Time: 5 Minutes Are you planning to invest in a rental investment property in Costa Rica? Then you first want to know what profit you can make on this investment, right? The profit in rental investment property depends on many factors. As you know, income is important, but profit is what makes the…

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Everything about sales tax on real estate sales and rentals

Do real estate agents have to charge sales tax on real estate rentals and sales in Costa Rica? Do tenants now have to pay sales tax on top of their rental? Many real estate agents and their clients are not very clear about the sales tax on real estate sales in Costa Rica, so let’s…

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What Means No Me Toquen El Pito in Costa Rica

Estimated Reading Time: 3 Minutes If you say no me toquen el pito in Costa Rica, make sure you’re sitting in your car. If you are not, this can become quite a misunderstanding, especially if you are a male. Tocar el pito means honking. Another way to say honking is tocar la bocina or tocar la…

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Is it time for a price reduction on your property?

If your property in Costa Rica has been on the market for 3 months or more, it’s probably time for a price reduction. Has it been sitting for a while without a buyer? Often, I hear sellers say “my agent is not doing anything”. Or “I haven’t had a showing in months”. Well, it’s time…

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View home listings by other realtors

Estimated Reading Time: 5 Minutes Jim asked about how realtors work in CR. Do real estate agents only show you their own home listings? Don’t they show home listings from other agents? Is it possible to use a realtor that will show you everything in a certain area even if it’s not listed by them?…

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25 Things That Are Different in Costa Rica

Estimated Reading Time: 7 Minutes Let me show how different things can be in Costa Rica. I am going back to an old theme here, but the culture of Costa Rica is a constant source of amazement to me. Here are a few differences I have observed. In Costa Rica, there are many things different…

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How to recognize the different police forces in Costa Rica

policemenTheWhen you move to Costa Rica, you should know how to recognize the different police forces, know what they do and recognize them. As you all know, Costa Rica has not had an army since Pepe Figueres abolished it on December 1st, 1948. The country needed a police force that came under the command of…

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What is qué vaina in Costa Rica?

Estimated Reading Time: 3 Minutes Qué vaina is one of those expressions your landlord might use when you complain about a leak in the roof. Or when your coffee maker stopped working and you’re asking for another. In this case, the translation is “what a problem”. But. instead of qué vaina, it is also possible…

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What is Digital Signature for corporations and why is it needed?

Firma Digital is a digital signature, which is used for making or signing an electronic document using the technology known as public-key cryptography. It allows you to digitally sign a document. Only as such will a document be received and accepted by the Costa Rican government or finance agency. The card is personal, and meant…

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Is an unfinished house difficult to sell in Costa Rica?

Estimated Reading Time: 4 Minutes An unfinished house in Costa Rica is as difficult to sell as a rented house.  I don’t even know why I sometimes make the mistake of accepting to list an unfinished house anymore. I rarely do because I know they’re almost impossible to sell. Most of the time, it is…

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11 Important Expat recommendations and experiences

Estimated Reading Time: 7 Minutes Can you learn from other expat recommendations and their experiences? Of course, you can, those expat recommendations will help you tremendously to learn what they did right and wrong. So it won’t happen to you. A couple of weeks ago, I published an article Why Bill does not consider Costa…

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8 Dumb responses from homeowners on why they are selling

I have decided to give sellers 8 dumb responses from homeowners they should NOT use if they’re really motivated to sell. First of all, I always recommend sellers to not even be at home when the agent is showing the property. But, I understand how difficult that is. It’s even harder to keep your mouth…

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Why Bill does not consider Costa Rica for retirement

Estimated Reading Time: 7 Minutes Bill, a subscriber on Ivo’s blog, does not consider Costa Rica for retirement anymore. Future retiree Bill (I changed his name), has been a reader since January 2015 and has read 30.5% of our weekly blogs. This is more than the average subscriber. His email, asking me to unsubscribe him.…

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