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Costa Rica Expat Real Estate Guide: Expert Tips for Moving to Paradise. William Licht Advice

  • Writer: Teresita Alfaro
    Teresita Alfaro
  • Aug 30
  • 9 min read
The Expert Consultation Scene  senior expat costa rica

You've been dreaming about it for months, maybe years. Waking up to the sound of howler monkeys instead of traffic. Trading your gray cubicle for emerald rainforest views. Saying "pura vida" and actually meaning it. The escape to Costa Rica feels so close you can almost taste the gallo pinto.


But here's something most people don't talk about in those glossy expat blogs: the hardest part isn't making the decision to move to paradise. It's what happens after you arrive.


I recently sat down with William Licht, a seasoned real estate expert who's been helping expats navigate Costa Rican property for over 15 years. What he shared changed how I think about making the leap to expat life entirely. His message? The people who succeed in Costa Rica aren't the ones who move fastest – they're the ones who learn to slow down.


The $300,000 Jaco Mistake

William Licht has seen it happen more times than he cares to count. Someone falls in love with Costa Rica during a two-week vacation, gets home, and immediately starts house hunting online. Beach living looks perfect in those sunset photos, so they zero in on a coastal condo. Maybe it's Jaco – popular with tourists, plenty of listings, seems like a sure bet.

"Imagine thinking you loved the beach and buying a $300,000 condo in Jaco, then finding out it just wasn't for you," William told me, shaking his head. "If you'd stayed a few weeks in Jaco first, you might have realized it's not exactly the 'laid-back' place you imagined."


Here's what those vacation photos don't show you: Jaco is a vibrant beach town with excellent restaurants, active nightlife, and plenty of amenities that many expats absolutely love. It has great surf, beautiful beaches, and a lively international community. But it's also crowded, energetic, and very much a party destination. The humidity is intense year-round, and the constant flow of tourists and weekend visitors from San José creates a bustling atmosphere.


For someone seeking the quintessential "laid-back tropical paradise" experience, this might not be the right fit. William's client was dreaming of quiet mornings with just the sound of waves and birds, not blenders making piña coladas at 10 AM. There's nothing wrong with Jaco – it's just important to understand what kind of lifestyle it offers versus what you're actually seeking.


The heartbreak isn't just financial – though losing hundreds of thousands of dollars certainly stings. It's the emotional toll of realizing your dream destination doesn't match your daily life needs. That's a special kind of disappointment that can sour your entire expat experience.


But here's the thing: this mistake is completely avoidable. You just need to resist the urge to rush.


The Rental Revolution: Your First Year Strategy

"I always suggest that people rent for a while in a few different areas of the country," William explains, and this advice is gold. Think of your first year in Costa Rica as an extended house-sitting adventure rather than a permanent settling-in period.


Costa Rica is incredibly diverse – and not just in wildlife. The climate, culture, and lifestyle can vary dramatically within a few hours' drive. The cool, spring-like weather of the Central Valley feels nothing like the tropical heat of Guanacaste. The expatriate community in Atenas has a completely different vibe than the one in Puerto Viejo. What you think you want from photos and vacation memories might be totally different from what actually makes you happy day after day.


William recommends spending at least a few weeks in different regions: try the beach life, experience mountain living, see what valley towns offer, maybe test out city conveniences. Rent short-term in each area. Yes, it costs more per month than a long-term lease, but think of it as research and development for your new life.


Budget-wise, expect to pay anywhere from $800-2000 monthly for decent short-term rentals, depending on location and amenities. That might sound like a lot, but compare it to the carrying costs of a property you end up hating – mortgage, maintenance, property taxes, and the massive transaction costs of buying and selling. Suddenly that "expensive" rental looks like the bargain of the century.


Plus, renting gives you flexibility as you figure out practical details: How close do you want to be to medical facilities? Do you need to be near an airport for regular trips home? How important is access to familiar grocery stores versus embracing local markets completely?


The Dream vs. Reality Comparison
expat senior costa rica

Red Flags That Scream 'Tourist Trap'

William's seen every trick in the book, and he wants you to avoid the pitfalls that snare well-meaning expats. Some red flags are obvious – deals that seem impossibly good usually are. But others are more subtle, rooted in the differences between Costa Rican real estate practices and what you might expect from back home.


Title issues top his list of concerns. In Costa Rica, property ownership can be more complex than in the US, Canada, or Europe. There might be multiple people with claims on a property, or boundary disputes that have been simmering for years. That gorgeous lot with the incredible view might have legal complications that won't surface until after you've signed papers.


"The way property research is done here is definitely different," Skip notes. "Understanding the community, infrastructure, legal documentation, and even local zoning rules can make all the difference." Don't assume the due diligence process works the same way as your home country.


Be especially wary of high-pressure sales tactics or agents who discourage you from taking time to research. Legitimate professionals want informed, happy clients – they'll encourage you to dig deeper, ask questions, and take your time. Anyone pushing you to "act fast before someone else gets it" is probably not looking out for your best interests.


Cultural context matters enormously too. What looks like a great deal to foreign eyes might actually be overpriced by local standards. What seems like a charming rural property might lack basic infrastructure access that you'll desperately want later. Having someone like Skip, who understands both the expat perspective and local realities, can save you from expensive misunderstandings.


The $25,000 Lesson in Trust

About 15 years ago, William shared a story that perfectly illustrates the importance of building relationships over rushing transactions. A client had been following his Facebook posts about Costa Rican properties and became interested in a villa in the Southern Pacific Zone. After just a couple of phone conversations, the client wanted to wire $25,000 as a down payment to hold the property.


William's response? "I told him he was crazy!"


Think about that for a moment. Here's a real estate agent turning down a substantial down payment from an eager buyer. In a purely transactional relationship, William would have taken the money and moved forward. Instead, he prioritized his client's best interests over his own immediate financial gain.


"That makes no sense, sending money to a total stranger!" William reflected. He encouraged the client to slow down, visit the property, really understand what he was getting into before making such a significant financial commitment.


A few months later, when they finally did close on the deal, the client was incredibly grateful for William's honesty. He loved the property, but more importantly, he felt confident in his decision because he'd made it thoughtfully rather than impulsively. The trust William built by protecting his client's interests – even at his own short-term expense – led to at least three more sales from referrals in the following year.


This story illustrates something crucial about succeeding as an expat in Costa Rica: the relationships you build matter more than the speed of your decisions. The expat community here is smaller and more interconnected than you might expect. Word travels fast about who you can trust and who you can't. People who operate with integrity build reputations that serve them well long-term.


The Long Game Pays Off

William's approach to real estate reflects a deeper truth about expat life in Costa Rica: success comes from embracing a different pace and different values. "I don't even worry about earning income," he told me. "I would rather meet people who brighten my life every day with their positive thoughts and actions."


This might sound naive if you're used to high-pressure business environments, but it's actually incredibly practical wisdom. Costa Rica operates on relationship-based business practices. People want to work with individuals they trust and enjoy being around. Taking time to build genuine connections doesn't just feel good – it creates sustainable success.


The clients who rent for a year before buying, who ask lots of questions, who take time to understand local culture, tend to be the happiest expats long-term. They make better property decisions because they're informed. They integrate better into their communities because they've observed and learned rather than assuming. They build stronger support networks because they've invested time in relationships.


William's referral-based business model works because his clients genuinely appreciate his honesty and guidance. When someone feels they've been treated well, they naturally want to share that positive experience with friends who are considering similar moves. That's how you build a sustainable expat life – not just in real estate, but in every aspect of your new adventure.


The irony is beautiful: by slowing down your timeline, you actually accelerate your long-term success and happiness.


Your Next Steps: Bridging Dreams and Reality

So where does this leave you if you're serious about making the Costa Rica move? First, celebrate the fact that you're reading this article instead of wiring money for property sight unseen. You're already ahead of the game.


The beauty of William's approach is that it doesn't crush your dreams – it protects them. He's not saying "don't move to Costa Rica." He's saying "move to Costa Rica the right way." And interestingly, his philosophy aligns perfectly with thoughtful planning resources like Layne Balke's "Get Me to Costa Rica: A One-Year Plan to Leave the Rat Race."


Think about it: Balke advocates for a full year of preparation before making your move. William advocates for taking your time once you arrive. Together, they're offering a two-phase approach to expat success – careful planning followed by patient implementation. Balke's book can help you organize the logistics, finances, and timeline for your transition. William's real-world experience shows you how to navigate the emotional and practical realities you'll face during those crucial first months in your new home.


Both experts understand something that impulsive dreamers often miss: the most successful expat experiences aren't built on spontaneous leaps, but on informed, intentional decisions.


GET ME TO COSTA RICA EXPAT SENIOR CONCIERGE

Your dream of Costa Rican life isn't unrealistic – it's just more nuanced than vacation photos suggest. The good news? Taking time to understand those nuances will make your eventual success so much sweeter.


Start building relationships now, even before you move. Connect with expat communities online, but take advice with appropriate grains of salt. Find professionals like William who prioritize your best interests over quick sales. Most importantly, give yourself permission to take this transition slowly.


Consider following Balke's one-year planning approach while incorporating William's rental-first philosophy. Use the planning year to research different regions, connect with local professionals, and maybe even take scouting trips to potential areas. When you do arrive, resist the urge to buy immediately – even if you've been planning for a full year.


Your future self – the one sipping coffee while watching toucans in your perfectly chosen Costa Rican home – will thank you for your patience.


Additional Resources for Costa Rica Expats


Climate and Regional Planning: 

Costa Rica's microclimates mean temperature and rainfall can vary dramatically within short distances. Research seasonal patterns for areas you're considering – the dry season (December-April) might feel perfect, but make sure you understand what the rainy season brings.


Healthcare Considerations: 

Costa Rica's healthcare system is excellent, but access varies by location. Factor proximity to quality medical care into your location decisions, especially if you have ongoing health needs.


Legal and Financial Setup: 

 Opening bank accounts, establishing residency, and navigating tax obligations takes time. Start these processes early and budget for legal assistance – it's worth the investment for peace of mind.


Community Integration:

Learning Spanish isn't just practical; it's essential for building meaningful relationships with your Costa Rican neighbors. Start studying before you arrive, and continue with local tutors once you're there.


Transportation Reality:

Many expats underestimate transportation challenges in Costa Rica. Research road conditions, public transportation options, and consider whether you'll need a 4WD vehicle for your chosen location.


Getting Connected with the Right Professionals:

One of the biggest challenges for new expats is knowing who to trust for reliable advice and services. At Expat Senior Concierge, we understand that making informed decisions about healthcare, legal services, financial planning, and property matters can feel overwhelming when you're navigating a new country's systems. We work with vetted professionals who understand both expat needs and Costa Rican realities, helping you connect with trustworthy experts rather than stumbling through trial and error on your own.


Remember, successful expat life in Costa Rica isn't about escaping your old life completely – it's about thoughtfully building a new one that incorporates the best of both worlds. Take William's advice to heart: slow down, build relationships, and prioritize long-term satisfaction over short-term convenience.


Have you been dreaming of your own Costa Rica adventure? What questions are you grappling with as you consider making the leap? Share your thoughts in the comments – our community loves helping fellow dreamers turn their expat goals into reality.


Join our Costa Rica Expat Planning Community where you can ask questions, get advice from professionals like William Licht, and connect with others who are taking the thoughtful approach to their move. Plus, get exclusive access to our vetted professional directory.


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