Buying Property in Drake Bay, Costa Rica
Remote eco-paradise near Corcovado National Park. Located in Puntarenas province, Drake Bay is a popular eco-destination destination offering a eco-paradise, remote, biodiversity lifestyle. Whether you're looking for a vacation home, retirement property, or investment opportunity, Drake Bay has something for everyone.
Property Prices in Drake Bay
Expect to pay $100,000–$500,000 for property in Drake Bay. Rental prices range from $500–$1,500/mo depending on size and location. The Costa Rica real estate market has shown steady appreciation, making Drake Bay an attractive investment destination.
Why Buy in Drake Bay?
- Corcovado National Park access
- Incredible biodiversity
- Whale and dolphin watching
- Off-grid living possible
Foreign Ownership in Costa Rica
Great news: foreigners can own property in Costa Rica with the same rights as citizens. There's no restriction on foreign ownership of titled property. You don't even need residency to buy. The process is straightforward:
- Find your property (use SIXPERCENT's free AI-powered search)
- Make an offer and sign a purchase agreement
- Due diligence — title search, survey, inspections
- Close through a Costa Rican notary (required by law)
- Property registered at the Registro Nacional in your name
Closing Costs Breakdown
| Transfer Tax | 1.5% of property value |
| Notary Fees | 1–1.5% |
| Registration & Stamps | 0.5–1% |
| Legal Fees | 1–1.5% |
| Total | 4–5.5% of purchase price |
Cost of Living in Drake Bay
Drake Bay offers a eco-paradise, remote, biodiversity lifestyle. Monthly rent ranges from $500–$1,500/mo. With Costa Rica's territorial tax system, foreign-source income (pensions, remote work, investments) is generally tax-free. Property tax is just 0.25% annually — a fraction of US/Canadian rates.
How SIXPERCENT Helps You Buy in Drake Bay
Our AI-powered platform scans thousands of listings across Costa Rica 24/7, including Drake Bay. Unlike traditional agents who show you only their listings, SIXPERCENT's AI finds the best matches based on your criteria — location, budget, lifestyle, and investment potential.
- ✅ Free AI-powered property search — no obligation
- ✅ 24/7 market monitoring — get alerts when new properties match
- ✅ Price analysis — know if you're getting a fair deal
- ✅ Local knowledge — insights about Drake Bay neighborhoods
- ✅ Seller platform — list your property for $995 flat fee