Costa Rica has been a very appealing destination for visitors and those dreaming of changing their lives. It is also a very inviting real estate investment alternative for vacation homes, developer projects, and retirement dreams. Follow us and learn more.
And, not just because it is winter where you are
now........, but it helps! From mid-November to April, enjoy
the most perfect dry season weather, the maximum number of arriving
flights, all resorts and staffs in peak condition, the widest variety of
activities and attractions, mother nature at new extremes of beauty, and
new international friends waiting to meet you! Link:Liberia weather right now!Link:Tamarindo Surf Report, too.
Variety Nearby: Hot Springs, Volcanoes,
It can be the "Spice of Life" on your vacation,
too!Guanacaste is blessed with all of Costa Rica's most
fascinating environments, and all are within a 1-3 hour drive from
Tamarindo. Or, creative itineraries using "open jaw" airfares
(allowing you to arrive at one international airport and leave from the
other) can facilitate one continuous vacation experience across the
entire country. Link:Overview of Tours
Contact us for free assistance before making your
vacation plans!We will be glad to share our experience handling thousands
of vacationers with you. We can help you decide which arrival/departure
airport is right for your goals, which dates are most attractive because
of weather, holidays, and local customs, and what advance preparation you
need most, before you commit to dates and ticket purchases. Link: Contact us to get help planning your vacation.
Tamarindo/Langosta - Global Tourism
All Guanacaste vacations need to
epicenter of Costa Rica travel offers the broadest range of
accommodations, amenities, eateries, and entertainment for a wide
spectrum of tastes and budgets. Let us help you understand where to save
and where to splurge for maximum vacation value. Link:Example - Crystal Sands
Flamingo, Conchal, Penca - Cool Spots,
A world of difference just 20 minutes
north of Tamarindo!This
laid back section of Guanacaste's coast offers the province's most beautiful
beaches and a full range of resorts without the high-energy activity that
is more typical of Tamarindo. In the area, the first new resorts (built
since the global crisis) are emerging to offer more alternatives in
accommodations and amenities in the future. Link:Example - Casa del Sol
Costa Rica Living?
Interested in Real Estate?
We offer free real estate investment, retirement, and
relocation information with our partner, Costa Rica Real Estate Store (CRRES).Vistas, like the
one above at Flamingo Towers, can become a
regular part of your life as an owner of an ocean view condo or home.
Arrange a free beach real estate tour during your stay near Tamarindo or
Flamingo, and a CRRES REALTOR (NAR Member) will help you understand our
real estate market, laws, taxes, and the ability to get residency with a
$200,000 property purchase. Link: Contact us with your real estate questions.
Flamingo Towers Ocean View Condominiums Stunning Cliff Setting on Flamingo South Ridge
we are introducing Flamingo Towers Condominium Residences -
One of the first ocean view, beachfront (below
ridge) condominium towers to become available on the Guanacaste coast
in years. Unobstructed views can be yours from very large terraces
in each condominium - offering the daily sunsets and Playas Brasilito
never-before-occupied, 1250 square foot residences are available in 2
or 3 bedroom, 2.5 bath, floor plans. Flamingo Towers
owners will enjoy two resort pools, indoor parking, central air
conditioning, high ceilings, granite counters with custom cabinets, and
elevated views of the coast from every great room and master bedroom.
The first four residences are being released for sale at
Flamingo Towers to the general public with prices starting at $375,000.As an
Authorized Representative of Flamingo Towers, Costa Rica Real
Estate Store (CRRES) has negotiated special introductory prices for its
clients and referral partners, which will be available through
mid-November. Reply to this email or call to discuss these unpublished,
You may download a free, 8-page PDF brochure for
Flamingo Towers by clicking this link: Download Flamingo Towers PDF. (Images from this brochures
are included below.) Reply to this email to receive an
unbranded version, which is available to colleagues and referral
We look forward to working with you! Allen Lungo CRGAR -
NAR - CIPS - NAGLREP - TRC Costa Rica Real Estate Store Tamarindo
- Langosta - Flamingo (Aug 1)
C: 8888-8123 O:
2654-5460 F: 2654-5405
Costa Rica Resort Trend - Demand for Moderately-Priced Condos Meeting Lower Land Cost and Competition in Construction to Create Opportunity! It has been a number of years since the incentives to develop resort area property in Costa Rica have looked as positive as they are today. The first niche of opportunity is for moderately-priced, ocean view condos - and that goal may not be as impossible as most would expect. Demand is strong.... for a basic 2 bedroom, 2 bath, furnished condo, priced under $250,000 (up to $200,000, if unfurnished), that offers attractive features for vacation rental clients. A wave of buying at that price point, since the end of 2012 has virtually cleared some markets. In global vacation destinations like Tamarindo, there are almost none available near beaches, except those that would face challenges attracting vacation rental business because of one or more negative elements. Some sort of ocean view or walking proximity to beaches is a must. Land prices are lower.... than they have ever been since the financial crisis began. Many investors in land, who may have held it for the last 5 years, are losing their patience, and are offering great deals. And, holding costs like property taxes are minimal. In the vast majority of Costa Rica, the property tax rate is 1/4 of 1% which translates to just $250.00 per year on a $100,000 real estate investment. Construction pricing in resort areas can be competitive.... especially since real estate development has not been a driving force for several years. At the same time, reliability and performance of the contractor are crucial in any project, and using the best in Costa Rica would be worth a premium. The property featured below represents the kind of opportunity outlined above. The per unit land cost could be less than $9,000 for condos with 1) an ocean view setting, 2) adjacencies to attractive beaches, and 3) a location in an emerging exclusive area near to a very desirable mega-project being marketed globally. The potential is definately there to take advantage of the demand for moderately-priced condos, which has been evident for the past year. If you have been among those who have assumed the time is not right for development in Costa Rica, you may want to give this property, and others like it, a closer look.
Above: Eagles Nest from Pacific Heights
Nest Ocean View Lot........ Ready for Townhome or Condo Development Sunset Hills Overlooking
Today, we are re-introducing:Eagles Nest Ocean
View Lot, with an
incentive price for condo and townhome developers. The market needs
moderately priced, ocean view, residential units, and this property is
ready to support such a project. It combines an incentive price and a
high percentage of buildable area, with a location overlooking Playa
Prieta, Potrero Bay, and Flamingo, and between Playa Penca, Pacific
Heights, and Las Catalinas. Eagles Nest Ocean View Lot sits in the
middle of one of the most desirable new areas of the Guanacaste
Province of Costa Rica.
This 2777 square meter property also enjoys mountain, sunset, and beach
views in a sweep of the coast from Sunset Hills all the way around to
near Sugar Beach. The paved, public road to Las Catalinas offers easy
access and regular bus service to area beaches, and sports and
entertainment centers like Playa Flamingo and Playa Danta. It wraps
around the elevated pad of the property on the east and south, leaving
options for the location of a gated entry for automobiles. Water and
electricity are available. It is owned in a corporation.
Eagles Nest is available
for $189,000.00 (USD). Offers are encouraged.
Recent area news includes paving the Potrero road from Flamingo to
Potrero Square. When complete, it will be possible to take paved roads
from Eagles Nest to most Guanacaste destinations.
Infinifty Pool, Terrace at Casa Altos del Pacifico
Price Reduction: Casa Altos del
Pacifico Pacific Heights Ocean View
Today, we are re-introducing:Casa Altos del
Pacifico. This ocean view, Pacific Heights residence is
now being offered for $499,000.00 (USD) for a
quick sale. This home has 3900SF under roof including 3 bedrooms, 3.5
bathrooms, 2 car garage, 2-story living room, formal dining room, and
infinity pool. The granite-stainless kitchen, breakfast area, and
living room form a great room which opens onto the covered view
terrace and pool.
Costa Rica Global
Association of REALTORS® to offer website and referral service identifying valid memberships and credentials of Costa Rica's real estate professionals. First Such Effort in Costa Rica!
Costa Rica Realtor Credentials Project
CRGAR intends to take
the responsibility to confirm of the accuracy of public postings that involve
the credentials of real estate practitioners in Costa Rica. The first focus will be on portrayals of
membership in CRGAR and NAR, and the public/online use of their logos and
trademarks, like the word “REALTOR®”. The project will support realtors who
portray their credentials accurately, and work to pressure those who do not, to
comply or remove their misrepresentations.
Event Weekend to Support Project To be clear, only 2013 paid members of CRGAR are
authorized to use any imagery or wording that even implies an association or
training with our organization. Further, NAR membership in Costa Rica is
only available through CRGAR or CCCBR, so membership in one, plus paid NAR
membership is mandatory before displaying NAR credentials. Past memberships do
not carry forward beyond the paid term.
CRGAR has already begun the Credentials Project project by:
the legal steps to be taken as the foundation for the project
the coordination process with NAR Global staff in Chicago
the URL, www.CostaRicaRealtorCredentials.com,
to be launched as the CRGAR-supported platform offering project information to
the online public
the internet to create a list of current realtor representations that may not
be accurate and require confirmation
the ability to link to this project, to other Costa Rica-focused websites,
blogs, and media outlets that support CRGAR’s goals
CRGAR intends to use a portion of the net proceeds of its 12th Annual “Fun and Fundraising”event weekend (Aug 9-10) to fund the Credentials Project. The event weekend is open to the public and CRGAR encourages real estate professionals, property owners, clients, consultants, and visitors, who support the project's goals, to participate.
TheCosta Rica Global
Association of REALTORS® (CRGAR) Will Hold Its 12th Annual "FUN and FUNDraising" Weekend, August 9-10, 2013 The Costa Rica
Global Association of REALTORS® (CRGAR) offers the details of its 12th
Annual Golf Tournament and Fundraising Weekend, August 9-10, 2013. They invite you to join them for Sunset Cocktails at Pangas Beach Club (Aug 9), 18 holes of Golf at ReservaConchal (Aug 10), the Awards Luncheon at Conchal Beach Club (Aug 10), and a new
event (Aug 9) at the Diria Conference Center, preceding sunset cocktails. New this year, BLP Abogados will lead a REALTOR® Tax Seminar, with special attention to the seller's role in paying the professional services tax on real estate commissions and each agent/broker's role in acting as tax collector. Each attendee will receive a copy of BLP's overview and credit for taking the CRGAR Tax Course.
CRGAR invites everyone to participate as an Attendee, Sponsor, Golfer, and/or Raffle
Prize Donor...........! Email toCRGAR AUGUST EVENTSto receive a detailed overview of the weekend, the documents to register your participation, and easy methods of payment. There are advance purchase options for everything from sponsorships to raffle tickets, and legal receipts for tax purposes will be available for supporters to download shortly after the events.
This year’s community beneficiaries are the CEN facility (Centro de
Educacion y Nutricion) in Portegolpe, which helps local women and children with meals, pre-school activities, and day care, and Colegio Academico Playas del Coco, the public high school in Coco needing books and supplies.
Why Is This Year’s, 12th Annual Fundraising
Each year, in addition to helping the community, CRGAR retains a portion of the net proceeds to invest in professional programs. This year, CRGAR will fund theCosta Rica REALTOR® Credentials Project, which will involve confirming the accuracy of online postings of Costa Rica's real estate professionals, as they pertain to memberships in, and use of trademarks belonging to CRGAR and NAR.
More information on the Credentials Project will be coming in the next blogpost. We look forward to your support and attendance in August!