Ventimiglia in Playas Del Coco, Guanacaste, Costa RicaI have spoken to dozens of individuals who are looking at buying real estate in Costa Rica.  I have looked at hundreds of properties and developments in Costa Rica.  Of course, everyone’s criteria is varied, but there is a “magic number” that keeps popping up, like the universe recorded it somehow and keeps playing it back to me.

That “magic number” is 200 - or more specifically, $200,000.

Mountain acreage adjacent to La Cangreja parkCosta Rica has a large number of fine and luxury properties, priced at $400K and above.  What is more difficult to find are properties priced at a more modest price tag of $200,000 or less.  Over and over I hear from people that they want to find properties in the $200,000 range - it is like that recording that I told you about.

House at Costa Del Sol for under $200KThe luxury properties are exactly that - luxurious - but there is still the average buyer out there who wants a modest, safe, and clean Costa Rican property, but doesn’t want to pay a fortune for it.  For the beginner, finding these properties seems like a daunting, almost impossible task.  When you search the Internet, a score of ads and search results pop up for high-priced, luxury properties, making it appear as if Costa Rica is not for the average person any longer.  Unfortunately, that’s untrue.

Guanacaste Country Club Golf Course & Club HouseThe key is working with people in the know - people who can network with real estate folks all around Costa Rica to find those properties.  These properties do exist, and there are quite a few of them!

So that is one of my goals - to find these high quality, inexpensive properties priced around $200,000, or less.  My list is ever-growing and diverse, satisfying a large group of buyers who want to invest in the tropical paradise that is Costa Rica.

Posted by costaricarealestateexpert | Uncategorized | March 16, 2008 | No Comments (Leave a Comment)

Heavenly Ocean & Mountain Views

$495,000 USD

Location
Located in the highest part of the Nicoya Peninsula in the province of Guanacaste, at an altitude of 2,500 to 2,800 feet.See map of area.
 
Pictures/Slideshow


 
Local Sights/Activities
  • Just 90 minutes from the Daniel Oduber International Airport at Liberia
  • Just 45 minutes from the beaches of Playa Coyote or Playa Carillo
  • Immersed in the raw nature of Costa Rica - no tours necessary here!
  • Unprecedented views of the Nicoya Peninsula, including beach, mountain, and even volcano views.
 
Related Resources
Costa Rica Real Estate FAQ
Costa Rica Real Estate Financing Options
 
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Description
A visitor’s marvelling eyes scan the entire Gulf of Nicoya with its many islands and mangrove-lined estuaries below, the row of volcanoes at the horizon toward north and northeast from the Orosi at the Nicaraguan border past Cerro Cacao, the massif of the Rincon de la Vieja Park, the cones of Miravalles and Tenorio down the open Gulf to Jaco, misty Cerro Turrubares looming beyond in the southeast.  When the weather permits even fiery Arenal Volcano is visible glowing at night.

From innumerable natural plateaus one can further see mountains and valleys of the southern peninsula, Pacific blue and white water from Tambor past Montezuma in the south and up the coast from Malpais to Coyote in the southwest, altogether over 200 miles of panoramic vistas!

The farm has its own water from 2 perennial springs, has forest and pasture, fruit trees, 100 avocado trees and - on its south and eastern sides - borders a huge nature reserve supported by a project of the ZooAve in La Garita to introduce captive-bred and rehabilitated animals back into the wild. The subject property thus acts as a bio-corridor guaranteeing a great deal of wildlife passing through. The reserve itself is off-limits to the public.  Jaguar, panther, peccaries, macaws and many other endangered Costa Rican originals can be observed with luck and patience.

The property has year-round access, electricity at 300 m and would be perfect for an ecology-minded tourism project, for building condos or simply to use as an out-of-the-world estate. There is ample building space.

A tentative plan for a 5-larger-parcel subdivision was made but not registered yet.There is absolutely no crime nor is there any contamination of water or air. Great foreign and local neighbours at a ‘safe’ distance.

The international airport of Liberia is about 1 ½ hours away. Pacific beaches of Coyote or Carillo about 45 minutes and the Gulf for exploration of national parks and estuaries about 25 minutes.
Please note that photos never show the real beauty.

 
Land Features
  • 2 perennial springs
  • Forest & pasture
  • Fruit trees - 100 avocado trees
  • Borders a nature reserve
  • Electricity available at 300 m
  • Tentative 5-parcel subdivision plan was made - not registered
 
Preferred Builders
Let us recommend a builder that would be well suited in helping you achieve your vision.  Please contact us.
 
Price/Pricing
$495,000 USD

Please contact us for more information about your financing options and referrals to reputable financing providers.

 
For Developers
This piece of land has so much going for it - proximity to the international airport at Liberia, heavenly views of beaches, mountains, and volcanoes, immersion in Costa Rica’s raw nature, streams, pastures, and more.

If you are a developer and would like to learn more about how Compass Properties and its affiliates can help you get involved in the Costa Rica market, then please contact us.

Posted by admin | $350K-$499K, For Developers, Land, Mountain | March 14, 2008 | No Comments (Leave a Comment)

Red eyed tree frogFor YEARS now, Costa Rica has been a favorite place for retirees to settle down - either part time or full time.  These lucky people discovered that Costa Rica has a lot more to offer than friendly people, gorgeous beaches, and fresh squeezed fruit juice every morning!

During this seminar, we’ll tell you why so many people have been, and currently are, interested in Costa Rica as a retirement spot, and also how even those who own a modest home can live in luxury, peace, and healthfulness in this paradise called Costa Rica.

During this presentation, I’ll go over some great vacation, investment, and retirement opportunities available in Costa Rica, as well as:

  • An introduction to Costa Rica and why people are retiring there.
  • Staying healthy and worry-free in Costa Rica for your entire retirement.
  • Easy immigration.
  • Introduction to retirement properties.
  • Discuss financing options and products.

Everyone is welcome!  Limited seating, so RSVP now!

WHEN:  Wednesday, April 16, 2008 at 7:00 pm (please show up at least 15 minutes early for sign-in).

WHERE:  Prudential Financial Offices - Computax Tower
21250 Hawthorne Boulevard, Suite 500
Torrance, CA  90503

ENTRANCE FEE:  Free, but we please ask that you please bring a non-perishable food donation for the Los Angeles Food Bank.

RSVP:  Please RSVP to Chris Turkmany at 310-516-3444 or by filling out the form below:

RSVP for Costa Rica for Retirees - Torrance (April 16, 2008)
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Posted by costaricarealestateexpert | Events, Important Bulletins | March 14, 2008 | No Comments (Leave a Comment)

Manuel AntonioI am proud to have been invited to be a presenter at the Real Estate Wealth Network’s March meeting to share with its members some exciting vacation, investment, and retirement opportunities available in Costa Rica.

Now, I have heard it.  You may have heard it.  The naysayers are saying that there are no more “good deals” or investment opportunities in Costa Rica.  Do your homework you naysayers!  I have found a variety of opportunities, many at prices less than you may think.

During this presentation, I’ll go over some great vacation, investment, and retirement opportunities available in Costa Rica, as well as:

  • Costa Rica’s economy and why people are investing, retiring, and moving there.
  • Review investment analysis of investment opportunities.
  • Discuss financing options and products.
  • BONUS:  Co-presenter, Munzer Ghosheh of Entrust IRA Services, will discuss how to buy a Costa Rican investment property using your self-directed IRA.

Everyone is welcome and no RSVP is required!  So come on out!

WHEN:  Wednesday, March 26, 2008 at 7:00 pm (please show up at least 15 minutes early for registration).

WHERE:  Kiwanis Club - Hermosa Beach
2515 Valley Drive, Hermosa Beach, CA  90254

ENTRANCE FEE:  Free for members, $20 for non-members, $15 for guests of members

Posted by costaricarealestateexpert | Events | March 6, 2008 | No Comments (Leave a Comment)

It doesn’t take much to help the lives of others, and apparently there is no minimum age requirement either!  I just read an article about a group of preschool, elementary, and secondary school age kids in Canada who raised money to purchase solar, LED lighting systems that they are going to install in the homes of Indigenous Reserves of Costa Rica.

This group of industrious kids comes from a variety of schools around Sudbury, Ontario in Canada, and they have partnered with YMCA Services Club of Canada who will train 12 technicians to install these lighting systems.

This endeavor is notable for so many reasons, the most being that it is driven by a group of kids!  All us adults better take notes, as our kids seem to have their moral compasses correctly calibrated.  This group of industrious kids wanted to help those less fortunate than them to bring something as basic a home lighting.

Also notable is the fact that they are using solar, LED lighting systems to bring light to those without.  This is obviously great for the environment, not requiring any usage of oil oftentimes required to produce the electricity that comes into many North Americans’ homes, and no expensive, potentially destructive, running of electrical cables to remote areas.  Just clean, abundant solar energy!

One other thing that’s important to note is the fact that Costa Rica is a paradise, but there are still many people who live there in rural, remote areas that don’t have the basic resources that most North American and Europeans are accustomed to having - like home lighting!  I think we should all commend this young group of philanthropists, and be thankful that they are our future!

Posted by costaricarealestateexpert | Uncategorized | March 6, 2008 | No Comments (Leave a Comment)

Did you know that there is no MLS in Costa Rica? So finding your dreamhome there (or any other Latin American country for that matter) is not just a matter of contacting any real estate agent in Costa Rica and getting access to the country’s available real estate - that doesn’t happen and won’t for a very long time.Instead, you need to be working with someone who has contacts with real estate agents, property management companies, and developers all over the country!  That happens to be what I can offer my clients.  With my involvement with Compass Properties, I can offer properties in new developments that we have reviewed as being a safe purchase.  Also, my growing network of English-speaking, hardworking, service-oriented real estate agents throughout the country allow me to help you find specific Costa Rica property.

And if you are looking to buy a vacation/investment property, you’ll definitely want to use a reliable property management company that can fill and take care of your property as efficiently as possible.  I can help you there too.

By the way, this goes for commercial property and developers as well.  My contacts deal with strip malls, apartment buildings, office buildings, hotels, and other commercial properties.  We can also help developers find and obtain raw land, as well as assist them with commercial lending.

So if you are looking for any real estate in Costa Rica - from $100K to several million - then myself and my network would be more than happy to assist you!

Posted by costaricarealestateexpert | For Developers, For Investors, Services | March 6, 2008 | No Comments (Leave a Comment)

Walk to beach or shopping area

INQUIRE ABOUT VENTIMIGLIA

$85,000 - $97,000

Furnished or Unfurnished

Location
Downtown Playa Del Coco, Guanacaste
 
Pictures/Slideshow


 
Local Sights/Activities
  • 2 minute walk to bank, grocery store, shopping, restaurants, bars, and casinos.
  • 5 minute walk to the beach
  • 45 minute drive from the Daniel Oduber International Airport at Liberia
    • Buses serving this route hourly
  • Known for its scuba diving with turtles, rays, sharks, and angelfish
  • Offers some of the best sport fishing
  • Day trips to world renowned surf spots Witch’s Rock and Ollie’s Point
  • Day trips to Arenal volcano and National Parks
 
Travel Packages
Explore Costa Rica - 4 Day Guanacaste TourTaste of Costa Rica - 7 Day Tour

More to choose from!  Contact us for more information about travel packages visting this area.

 
Related Resources
Costa Rica Real Estate FAQ
Costa Rica Real Estate Financing Options
 

INQUIRE ABOUT VENTIMIGLIA

 
Description
Didn’t think you could own for $100 or less in Costa Rica?  It’s still possible, and it’s possible at Ventimiglia!Ventimiglia is a 2-story development of condo units located in the downtown area of the popular and fast-growing resort town of Playa Del Coco.  Right next door is the upscale Pacifico project.  Playa Del Coco is also home to the popular Ocotal Beach Resort.

Just a short 2 minute walk away you will find a bank, grocery store, shopping, restaurants, bars, and casinos.  Just a 5 minute walk away is the beach.

Playa Del Coco is the fastest growing beach town in the region, and the condos in the Ventimiglia project will be the last brand new units for under $100,000 available in Coco ever again.

Construction on Ventimiglia was recently completed in November 2007, and all of the available units have never been lived in.

Each unit is 406 square feet indoors, with 32 square feet of private terrace. They are all 1 bedroom, 1 bathroom, with an ample kitchen and attached living space - much more appealing to tourists than a smaller, more expensive hotel room.

Some units are furnished, with the furniture package including bed, armoire, dining table and chairs, tv with cabinet, foldout couch, full kitchen cabinet and countertop set, range/oven, refrigerator, split air conditioning system, complete dinnerware and cookware, and a complete towel and linen set.  If bought without the furniture package, the unit comes finished but completely empty.

INQUIRE ABOUT VENTIMIGLIA

 
Community Amenities
  • Full sized pool
  • Children’s pool
  • Shared laundry room
  • 24 hour security with guarded electronic gate

INQUIRE ABOUT VENTIMIGLIA

 
Property/Unit Amenities
  • 1 bedroom
  • 1 bathroom
  • Some units furnished, including kitchenware and linens (turn-key ready)
  • 406 sq ft indoors
  • 32 sq ft private terrace

INQUIRE ABOUT VENTIMIGLIA

 
Floor Plan
Ventimiglia Floor Plan and Building Layout

INQUIRE ABOUT VENTIMIGLIA

 
Price/Pricing
Unfurnished units - $85,000
Furnished units - $97,000

INQUIRE ABOUT VENTIMIGLIA

 
Financing
Inquire about financing for this property.
 
Rent/Property Management
Property management available.  For more information please contact us.
 
Investment Analysis
Investment Analysis of Ventimiglia

The units may be small for someone looking to live there, but they are a great alternative for the traveler who wants something with a kitchen and a more inexpensive than some of the hotels in the area.

The great location makes it extremely appealing to tourists, and the rental rate ($40-$150/night) is also appealing. Even with these low rental rates, there is still potential for a cap rate of around 8% and possible positive cash flow (depending on your loan).

Consider using your self-directed IRA to purchase one of these units!

Investment Grade:  A-

Posted by admin | For Investors, Under $100K | March 5, 2008 | No Comments (Leave a Comment)