We are currently selling lots in Alegría Village to founding neighbors who want to come join our community and co-create this dream with us! Now that the project is fully permitted, we are registering the lots so that we can transfer titles to buyers upon closing on your lot. We have already sold 140 of the 145 lots, and interest has been overwhelming the past year as we all feel the call to this way of life.
If you are considering a life at Alegría Village, we encourage you to get in touch asap to view the available lots and discuss pricing, financing, and timeline.
Are there restrictions on foreign ownership?
Costa Rica is incredibly friendly to foreigners when it comes to property owners. Foreigners and locals have exactly the same rights in real estate.
Property is protected by the Costa Rican constitution and you can buy and own real estate outright on a tourist visa, under fee simple ownership. The same goes for business ownership and founding.
Are there financing options?
If you are a Costa Rican National, financing is available through your bank once we have the lots registered after obtaining our permits. Getting a loan as a foreigner is a more involved process which requires you to pursue a resident visa. We are exploring private financing options and would be happy to discuss this with you further. For Costa Rican nationals we are also offering private financing from the partnership to lower the initial deposit required to reserve your lot.
How much are HOA fees?
HOA fees range from $50-550 depending on lot size (based on sq meters). The monthly fee includes infrastructure for electric and fibre-optic internet, water service, trash/recycling/compost collection, weekly basket of fresh produce from the farm, maintenance of all common spaces (yoga, common building, pool, multi-purpose/coworking space, farm), maintenance of roads, hiking & biking trails, maintenance of food forest and communal orchard, and security. Also, there are opportunities at Alegría, such as commercial farm produce, event sites, educational retreats, etc. that can generate income and reduce monthly dues.