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Real Estate in Atenas, Costa Rica | Expat Exchange
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Real Estate in Atenas, Costa Rica

By Joshua Wood, LPC

Last updated on Jan 12, 2024

Summary: Expats and retirees talk about real estate in Atenas, Costa Rica? How do you find a home in Atenas? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Atenas?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Atenas involves several steps. First, you need to determine your budget and what type of accommodation you are looking for. This could range from a small apartment to a large house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Atenas to find one that suits your lifestyle and preferences. Some areas may be closer to amenities like shops and restaurants, while others may offer more peace and quiet. Once you have a good idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rentals and properties for sale in Atenas, such as Encuentra24, Craigslist, and Facebook Marketplace. These platforms allow you to filter results based on your criteria, such as price range, number of bedrooms, and location. In addition to online listings, you may also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the process of renting or buying a property in Costa Rica. When you find a property that you're interested in, arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you're not in Costa Rica, you might be able to arrange a virtual viewing. Finally, once you've found a place you like, you'll need to secure it. This usually involves signing a lease or purchase agreement and paying a deposit or down payment. Make sure to read any contracts carefully and seek legal advice if necessary. Remember, finding a place to live in a new country can take time and patience, so don't rush the process. Take the time to find a place that feels like home," remarked one member in Atenas.

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What is a typical expat home or apartment like in Atenas?

"Expat homes in Atenas, are often spacious and comfortable, designed to take advantage of the country's tropical climate. Many homes feature open floor plans, with large windows and doors that allow for natural light and air circulation. The architecture often blends modern and traditional Costa Rican styles, with features like high ceilings, tiled floors, and wooden accents. Kitchens are typically large and well-equipped, often with modern appliances and ample counter space. Bedrooms are usually spacious, with plenty of storage space. Bathrooms often feature modern fixtures and fittings, with some homes having luxurious features like Jacuzzi tubs or rain showers. Many expat homes in Atenas also have outdoor living spaces, such as patios, balconies, or gardens. These spaces often have stunning views of the surrounding mountains or the central valley. Some homes even have private pools or hot tubs. Despite the luxurious features, many expat homes in Atenas are designed to be eco-friendly, with features like solar panels, rainwater collection systems, and energy-efficient appliances. This is in line with Costa Rica's commitment to sustainability and environmental conservation. In terms of location, many expat homes are located in gated communities or residential areas that offer a sense of security and community. These areas often have amenities like community pools, fitness centers, and social clubs. However, there are also many homes located in more secluded areas, offering privacy and tranquility. Overall, expat homes in Atenas, Costa Rica, offer a comfortable and luxurious lifestyle, with a blend of modern conveniences and beautiful natural surroundings," explained one person living in Atenas, Costa Rica.

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What is the average cost of housing in Atenas?

If you are thinking about moving to Atenas, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Atenas can vary greatly depending on the size and location of the property. For a modest home in a less central area, prices can start around $100,000. However, for larger, more luxurious homes or properties in prime locations, prices can easily exceed $500,000. Rental prices also vary, with monthly costs ranging from $500 for a small apartment to over $2,000 for a larger, upscale home. It's important to note that these are average prices and actual costs can be lower or higher," said one person in Atenas.

Should I buy or rent a home in Atenas?

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

"The decision to buy or rent a home in Atenas, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Atenas for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, renting a home in Atenas could be a better option if you're not sure about your long-term plans or if you prefer not to have the responsibilities of home ownership. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also means you won't have to worry about maintenance costs or property taxes, which are typically covered by the landlord. It's also worth considering the local real estate market. If property prices in Atenas are high and continue to rise, buying a home could be a good investment. However, if prices are low or stagnant, renting might be a more cost-effective option. Finally, consider your financial situation. Buying a home requires a significant upfront cost, including a down payment and closing costs. If you don't have enough savings to cover these costs, or if you're not comfortable tying up a large portion of your wealth in a single investment, renting might be a better choice. In conclusion, the decision to buy or rent a home in Atenas, Costa Rica, should be based on your personal circumstances, financial situation, and long-term plans. It's a decision that requires careful consideration and, ideally, advice from a real estate professional or financial advisor," remarked one foreigner who made the move to Atenas.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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