Renting a house in CR, pay $ or colones?

[eltico]

I will be in C.R. for three years working. Most of the ads I have seen for house rents are posted in dollars. Are landlords posting $ prices but asking for colones. Does anybody know?

[natsibaja]

I’ve been renting for 2 years now, and it’s like this. They ask for dollars cause devaluation makes them gain a buck or two, so my answer to you is pay colones if you have’em. Landlords usually gleam at the sight of foreigners so be really aware some will hike up a price by hundreds. Basically demand to pay in colones, ask around for what ticos are paying for the same conditions and refuse rentals that plain out are overpriced, you’ll be amazed what saying NO to a tico will do.

[Chariotdriver]

I would imagine that the landlord would prefer what ever source was more stable.
In this case they might not be preferring the dollar at this point.
Unless there is some formula for the devaluing of the dollar and being able to adjust for this. .
That is what I would be looking into if i was a landlord.

Edited on May 11, 2008 10:36

[Andrew]

Please see ‘Costa Rica Rental Contracts’ [ https://www.welovecostarica.com/members/878.cfm ]

Scott Oliver – Founder
WeLoveCostaRica.com

[eltico]

Thank so much Scott, this article was very helpful. It looks like it is to my advantage to pay in dollars to avoid the rent increase.

[Author]

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