The Spaniard is heading back to his former club for a reported £53m after both clubs made the arrangement public.
It brings to an end a troubled spell for the marksman who went AWOL this summer. He'd been told by boss Antonio Conte that he was surplus to requirements at the club.
Costa, who had two years remaining on his Chelsea contract, jetted to Brazil and defied attempts by the Premier League champions to force him to return.
Chelsea, in turn, insisted Costa’s conduct would not force them into backing down over the amount at which they valued him.
The club turned to £58million pitman Alvaro Morata from Real Madrid in a club record deal to end suggestions that there could be any way back for Costa.
Although Atletico cannot register him until January - the Spanish giants are under a transfer embargo - Costa will begin a specially-devised programme in readiness to help the club during the second half of the season.
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