How much are the property taxes?
Property taxes are very low in Costa Rica compared to that of the United States and Canada. The property tax in Buena Vista I and II is an annual rate of 0.25% of the assessed value. The assessed value is determined at the time of the sale. The municipality is responsible for collecting the municipal government property tax. There is also a local community government charge, for Municipal Services. This is based on the frontage of the property and varies in each area, but is not to be over $10 per quarter per residence.
• Property taxes are very low in Costa Rica compared to that of the United States and Canada. The property tax in Buena Vista I and II is an annual rate of 0.25% of the assessed value. The assessed value is determined at the time of the sale. The municipality is responsible for collecting the municipal government property tax. There is also a local community government charge, for Municipal Services. This is based on the frontage of the property and varies in each area, but is not to be over $10 per quarter per residence.