Closing cost in Costa Rica

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Closing costs – registration fees, notary and attorney fees, documentary stamps and transfer taxes – will amount to no more than 6% of your total purchase price. The payment of closing costs is negotiable between the buyer and seller, though the buyer normally assumes these costs.

1.25% for the notary to register the property in the National Property and perform closing duties. Cost is usually paid by the Buyer.

1.5% in government stamps and fees if you do a share transfer (that is, you assume the shares of an already established corporation that holds/owns a property).

2.5% in government stamps and fees if you purchase a property in your own name or in the name of your own corporation.
0.25% in Escrow fees commonly apply if you’re going to use a third-party escrow such as Stewart Title.

Mortgage Registration Fees: The borrower is required to pay all mortgage drafting and registration fees. A mortgage may be issued at the time of sale by adding a mortgage addendum to the transfer deed. This type of mortgage registration is assessed at approximately 0.25% of the sale price plus 0.53% of the sales price in documentary stamps. An additional 0.5-1.25% of the mortgage amount is due in notary fees.