Any special assessments could kill your cash flow.

So please feel free to message me and we can discuss.

@Shane Gaboury I would personally stay away from any condo investment because the economies of scale (only 1 - 3 doors), the special assessments that you have no control over and this is a speculation play.

If all the roofs need to be replaced, you (and your neighbors) can have a special assessment done and you need to pay $xx thousand into replacing everyone’ roofs.

These days I checked several threats in this nice Bigger Pockets forum and found several people have already asked about investments in Costa Rica.I know how real estate investing is done in the U.S. and I also know, that you can't use the same approaches and strategies 1:1 for Costa Rica (some strategies just don't work here).In Costa Rica I am specialized in high-yield investment deals (8%+) in the San José area and also in high-end luxury properties with great ocean views and good rental income potential in luxury tourism.One of my projects right now is providing a larger investor client/partner of mine with 8%+ yield p.a. real estate investment deals (in the 200k asking price area per unit) in great neighborhoods in growth zones in and around San José.

It may be in an established area but if it was vacant maybe it was not buildable except with a special permit.

Send me a private message and I can send you a link to one.

@Ben Roberts  I sent you a message but what you just said about rent I would pass on this deal. 

I want to give a special shoutout to @Lauren Hogan and @Mindy Jensen for their contributions to this project - we could not have done it without them!

Contact a local attorney who specializes in this specific area to see what your rights are.5.