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.
Saturday, December 31, 2011
A Moment of Peace from Costa Rica to Start 2012!
We don't need many words when the world is as beautiful and peaceful as this. It was 7:00 AM this morning, on the north Pacific coast of Costa Rica, the Guanacaste province. I will be glad to help you explore it for yourself, whenever you are ready.
Best Wishes in 2012!
Saturday, December 17, 2011
Costa Rica Global Association of REALTORS® Supports Guanacaste Tourism Board, CATURGUA
Recognition of Importance of Visitors and Investors to Costa Rica’s Growth
Tuesday, November 22, 2011
Costa Rica Realtors Will Syndicate Listings from the Costa Rica MLS to New REALTOR.com/International
Anaheim Convention Center
Bob Greenspan (Realtor.com), Alberto Triquell (CRGAR),
Tuesday, November 15, 2011
Diana Ross Concert Closes Realtor Convention
Tuesday, November 1, 2011
“The recent CRGAR Golf Tournament and Awards Luncheon (June, 2011) was the most successful and well-attended in Reserva Conchal history. We look forward to 2012 and a full-capacity field of 104 golfers,” offered Reserva Conchal Golf Director, Carlos Rojas Soto.
CRGAR Board Member and Weekend Co-Chair, Lindsey Cantillo added, “The Tournament and Welcome Party are also great opportunities for our supporters to gain recognition by sponsoring holes, tees, golf achievement, the events themselves, or by becoming the Named Sponsor for the entire weekend.” The sponsor program and support levels will be available at the beginning of December.
To be sure to receive further details on the 2012 CRGAR Golf Tournament and Fundraising Weekend, or to offer your support as a sponsor or volunteer, send an email to CRGARGOLF@gmail.com.
Friday, October 7, 2011
Costa Rica Realtors Offer “CIPS Designation Vacation” in Tamarindo, January 9-14, 2012
6 Course Schedule Offers Designation Training to All Global Realtors Interested in a Costa Rica Visit, Too!
Get your free copy of the Costa Rica 2012 CIPS Intitute Brochure by emailing cipscostarica2012@crgar.com.
(Sample images included here)
“CRGAR has recognized the tremendous synergies between 1) Costa Rica’s proven appeal to visitors, 2) the country’s emerging 1st world status in the international economy, and 3) NAR-sanctioned international market training for REALTORS®”, noted CRGAR President, Allen Lungo. “We greatly appreciate NAR’s support in this venture, and look forward to future CRGAR/NAR REALTOR® Institutes in Costa Rica.”
The instructor for CRGAR’s Tamarindo CIPS Institute is David Wyant (CIPS, ABR, AHWD, ePRO, GRI, TRC, SFR, RSPS, GREEN, CDEI) who is a past winner of NAR’s “Instructor of the Year Award”, a Florida Broker/REALTOR®, and leads the Across Borders School for the real estate profession. He added, “International credentials are among the most important for any REALTOR®, anywhere, to earn in today’s world”, and “CRGAR’s approach in attracting global REALTORS® to beautiful Costa Rica will certainly enhance the class experience for all.”
CRGAR has also assembled a team to support attendees and their families in making travel arrangements. Travel advice, booking accommodations, pre- or post-Institute vacation days, and all other visitor support will be coordinated by the Tamarindo office of Costa Rica Welcome Centers (CRWC). Preferred rates in rental condos and hotel rooms may only be reserved through CRWC.
About CRGAR
Saturday, September 24, 2011
Costa Rica and Miami Realtors Agree to Marketing Alliance
Associations Agree to Share Property Listings
Miami, Florida Tamarindo, Costa Rica
"We are proud to join hands with the MIAMI Association of Realtors, America’s largest local Realtor association, to attract international investors to our region and promote the growth of Proxio’s industry-leading real estate database," said CRGAR President Allen Lungo. This collaboration will strengthen international exposure for the Costa Rican and Miami real estate markets and enhance referral business for members of both associations.
"MIAMI is pleased to partner with CRGAR, an organization committed to serving its members and Costa Rica, and to expanding global opportunities," said Teresa King Kinney, MIAMI Chief Operating Officer. "Costa Rica is a strong market for Miami and South Florida, and we look forward to a very successful relationship with CRGAR that will greatly benefit our respective members and regional real estate activities.
According to the 2011 Profile of International Home Buyers in Florida, 53 percent of international buyers in the Miami-Fort Lauderdale-Miami Beach are from Latin America. Florida is by far the #1 investment destination in the United States for foreign buyers, accounting for 30 percent, a nine percent increase compared to 2010, of all international sales in the country. In Florida, South Florida is the top destination for international buyers, accounting for 31 percent of international sales in the state.
MIAMI’s International Council has signed agreements with more than 65 foreign real estate organizations around the world - including the Russian Guild of Realtors in Moscow, Russia; Secovi-SP in Sao Paulo, Brazil; and FNAIM Paris – Ile de France in Paris, France. These agreements link MIAMI members to those of our worldwide partners and globalize the local real estate market.
About the MIAMI Association of REALTORSThe MIAMI Association of REALTORS was chartered by the National Association of Realtors in 1920 and is celebrating more than 90 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of four organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, and the International Council, it represents more than 24,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local association in the National Association of Realtors, and has partnerships with more than 60 international organizations worldwide. MIAMI’s official website iswww.miamire.com.
About the Costa Rica Global Association of RealtorsThe Costa Rica Global Association of Realtors (CRGAR) has supported Realtor professionalism and the growth of Costa Rica as an international real estate investment destination for over 10 years. As the the only association in Costa Rica that requires its members to also belong to the National Association of Realtors (NAR) in the United States, CRGAR is the most professional platform for realtors in the country. CRGAR’s growing national base of members and series of international partnerships led to the creation of the Costa Rica MLS (CRMLS). CRMLS is the only national property database with listings that are all legally-registered, entered by a NAR member, and have the association’s backing of referral relationships.
Monday, September 12, 2011
Costa Rica Realtor Association Offers New Real Estate MLS
Provides the Most Reliable Source of Property Listings in Costa Rica
CUPERTINO, Calif. – September 12, 2011 – Proxio, Inc., creator of ProxioPro, the Global Network for Real Estate, and the Costa Rica Global Association of Realtors (CRGAR) announced today that The Costa Rica MLS (CRMLS) has been launched as the first professional multiple listing service (MLS) in Latin America. The Costa Rica MLS operates in multiple languages and currencies, to serve Costa Rica’s diverse agents and their clients.
Costa Rica - Guanacaste Gold Coast View from Pacific Heights to Potrero, Flamingo and Playa Conchal |
“The Costa Rica MLS is the result of historic cooperation between the most professional realtors in Costa Rica, resulting in a stronger industry here,” said Allen Lungo, CRGAR Board President. “Proxio’s unique, multilingual platform makes it possible for us to bridge languages and create a single, trusted source of listings for the country, benefiting both agents and buyers.”
The Costa Rica MLS is the only online source of the country’s available properties where every listing in the system is globally marketed via the Proxio Network, and where all agents are members of a professional association and adhere to a code of ethics. CRMLS is managed by CRGAR, the only non-profit association of Costa Rica realtors requiring membership in the National Association of Realtors (NAR), with responsibility for training, supervision, and ethical enforcement.
“Working with forward-thinking real estate associations like CRGAR, to create a truly professional MLS is very satisfying for us,” said Janet Case, CEO and co-founder of Proxio. “We designed our innovative technology to help associations organize their real estate markets, increase the professionalism of their agents, and extend their reach globally—and Costa Rica is doing exactly that.”
In addition to participating in the Costa Rica MLS for property sharing, and the ProxioPro network for professional networking, CRMLS agents can further promote Costa Rica properties by utilizing a Proxio-powered widget on their own websites, so potential buyers can see all CRMLS listings in 19 languages, and all leads can be directed to the agent.
Real estate professionals interested in joining CRMLS can obtain information by contacting info@crgar.com
About Proxio
Proxio’s real estate marketing and networking platform delivers a quick and easy way for brokerages, agents, MLSs, and associations on any continent to extend their reach globally. Proxio’s proprietary technology and services operate in 19 languages, and enable professionals to better serve diverse clients, promote listings globally, increase sales through agent-to-agent networking, and instantly translate listings. The ProxioPro Global Real Estate Network currently hosts over 400,000 agents and 2.8 million listings from over 120 countries. Proxio is privately funded and based in Cupertino, California. For more information, visit Proxio.
About CRMLS
The Costa Rica MLS (CRMLS) is a service offered by the Costa Rica Global Association of Realtors (CRGAR). CRMLS was created for and by the most professionally qualified realtors in Costa Rica, and it freely offers access to all Costa Rica listings to global realtors, investors, and the general public. For more information, visit The Costa Rica MLS.
Contact: Contact:
Allen Lungo Kate Gerwe
CRGAR Board President Chief Marketing Officer
CRMLS Chairman Proxio, Inc.
011-506-870-GO-MLS (8708-6657) 001-408-806-9201
alungo@racsa.co.cr k.gerwe@proxio.com
Monday, June 6, 2011
Costa Rica and Your 2011 Plans for Vacation, Investment, and Retirement
Traditionally, the "high season" for travelers to Guanacaste and its dry, warm weather has coincided with winter in North America and Europe. Now, tourists, investors, and retirees have learned that the “Green Season” from the end of May to September offers equally pleasant weather, showers that are no more frequent than in the Midwest of the US in summer and turn the country into a lush paradise, and reduced rates for accommodations, tours, rental cars, etc. The Green Season has been a “best kept secret” that is leaking out as travelers discover it as a new summer vacation alternative.
Costa Rica has been on the minds of traveler’s for the last decade and it is rare to find someone who has not visited, not known someone who has, or is not dreaming to be able to go soon. Costa Rica regularly shares first place with Hawaii in global tourism surveys concerning the world’s most desirable vacation destinations. Both offer equivalent natural beauty, features like volcanoes, ocean sports headlined by surfing, and a climate that is very appealing for most months of the year. However, Costa Rica has a unique advantage in its closer proximity to North America and Europe, which in many cases saves several hours of travel time. Further, after arrival at its new international airport at Liberia, Costa Rica (LIR), its most popular tourist destinations (Arenal Volcano, Tamarindo beaches and surfing, and Ecotours) are within 1-3 hours by car.
The economy of the country has been increasingly diversified by the government’s encouragement of the relocation of high-tech industries, medical equipment producers, software companies, and distribution and call center services, among others. The number one export from Costa Rica is now Intel microchips, instead of a single agricultural product. Tourism is also back to setting new annual records for visitor volume, partially based on new interest in medical vacations and ecotourism.
Investors continue to favor Costa Rica real estate for all the above travel reasons, and the competitive aspects of low property tax rates (1/2 of 1% of value, per year) and the ability of foreigners to legally own 100% of properties, corporations, and other assets. The value of Costa Rica real estate has tracked with the rest of the world over the last 3-4 years, but it did not fall as far, and is already rebounding. Real estate prices in 2011 have actually started to trend upward in certain instances, and sellers who are enjoying higher rental incomes from higher visitor traffic, are starting to resist low offers. Investors, who may be holding back for “the moment” to return to the Costa Rica market, should consider visiting in the next few months before the prospects for a successful 2012 high season emboldens sellers any further.
Costa Rica is also in the process of introducing The Costa Rica MLS – the first truly national MLS system, which is being managed by the Costa Rica Global Association of Realtors (CRGAR). All CRGAR members are also members of NAR in the United States and ascribe to its Code of Ethics and Professional Practice. The real estate market is diversified and sophisticated with many options in homes, condos, view lots, development land, resorts, ranches, and even fractional ownership.
Retirees are being welcomed with increasingly open arms, as a recent national policy directive to encourage their relocation to Costa Rica, evolves into actual practice. Costa Rica estimates that each new foreign retiree generates 4 new permanent jobs in the national economy, which is a strong incentive to fashion policies to be more competitive with Florida, Mexico, Texas, and Arizona. Immigration and residency rules, in particular, favor any foreigner who may come to Costa Rica while receiving a pension from outside the country. Further, anyone investing at least $200,000 in Costa Rica real estate (retirement home?), can now use that investment as their application basis for permanent residency.
So, if you are a global vacationer, investor, and/or retiree, then you should strongly consider looking at Costa Rica in 2011. It is the moment to get involved, particularly if your interest may involve adding Costa Rica to your life for investment or retirement.
Send your questions…..
Allen Lungo
Saturday, May 7, 2011
Mother's Day Moments from Costa Rica
Bring her to see us. Experience this firsthand....
The sunset was yesterday (Fri) and the morning scene below was earlier today (Sat).
Wednesday, April 13, 2011
At its most recent Annual General Assembly, newly-elected 2011 CRGAR President, Allen Lungo, remarked that “an exciting professional future lies ahead for the evolution of Costa Rica’s real estate industry”, as the Board led members through the discussion and adoption of the following initiatives:
1) CRGAR will continue to implement the new national multiple (property) listing system (MLS), known as The Costa Rica MLS. The new MLS, based on the Proxio global platform, has its worldwide introduction slated for early May, 2011, and is targeting an audience of 3 million realtors.
2) CRGAR will continue to work with allied associations in a variety of projects designed to a) promote Costa Rica’s real estate to global investors, b) improve the educational standards for professional training, c) encourage ethical conduct among professionals, and d) pressure the government to maintain its momentum toward legal licensing.
3) CRGAR will initiate the first-ever national research into brand compliance among all professionals offering real estate services in Costa Rica - to confirm the accuracy of credentials and affiliations displayed in the market. This effort has the full support of the National Association of Realtors (NAR) in the United States, and the International Consortium of Real Estate Associations (ICREA) worldwide.
4) CRGAR will work to maintain its leadership role as the only realtor association in Costa Rica offering professional and affiliate membership, peer-licensing, education, NAR membership, ICREA membership, access to The Costa Rica MLS, ethical enforcement, global marketing, governmental liaison, and a commitment to the growth of the country - all within one volunteer organization.
Investors and professionals interested in the Costa Rica real estate market and CRGAR’s professional program, including the upcoming introduction of The Costa Rica MLS, should send their questions and desire for future updates to info@crgar.com.
Sunday, January 30, 2011
Global MLS Platform Comes to Costa Rica
The impetus for selecting Proxio came from CRGAR, The Costa Rica Global Association of Realtors. CRGAR then invited its sister organization, CCCBR, Camara Costarricense de Corredores Bienes Raices to join in offering the Costa Rica MLS as the one true Multiple Listing Service for the country. Members of both organizations comprise the most well-trained, and ethically bound real estate professionals in Costa Rica.
Allen Lungo, CRGAR Board Member, Coordinator of its MLS software selection process, and Broker/Owner of Costa Rica Real Estate Store, said "Using the global platform metaphor, we see ourselves as building a 21st Century professional platform for Costa Rica's realtors, and adding the Proxio-based MLS is an important step. We are proud to do our part to assert that Costa Rica has truly become a "first world" nation - ready for global business."
The Costa Rica MLS will be available to the entire internet-connected population of the world on March 1, 2011, through its primary public portal, The Costa Rica MLS. Participating realtors may also offer access to the entire Costa Rica MLS from their individual websites. Look for the link on their own website homepages or in the directory of The Costa Rica MLS starting in March.