The Costa Rica Real Estate Expert

The finalized master plan for Phase 1 of Las Colinas de Miramar (a.k.a. Hills of Miramar) was just release on May 1, 2008.  Download Phase 1 Master Plan Map to your computer for review.

Phase 1 is made up of 123 lots sized around 1.25 acres each, and with 52 of those lots having ocean views.  Pricing is expected to be released within the next month, but initial expectations are that ocean view lots will start at $60,000, and other lots will start at $30,000.

Notice on the map that the commercial area that is situated near the gated entrance, next to the equestrian stables. 

Also new, though not on the map:  In the past, there was talk of building a golf course in the future, and it looks like that will be happening sooner than expected.  More details on the golf course to come in upcoming months.

Stay tuned for more updates on Las Colinas de Miramar.

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I 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.

Costa 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.

The 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.

The 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.

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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!

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Hey everyone!  Bueno ano nuevo!  At least I think that means Happy New Year in spanish!

I’m real excited about what 2008 is going to bring.  We’ve got a great start with a visit up North to attend the 2008 Recreational & Investment Properties Show at the HomeExpo in Calgary.  This is a 3 day event from January 11-13 at the Roundup Centre at the Stampede grounds, which I have never been to, even though my parents and sister live in the Calgary area!  My lovely parents will be joining me to help man our booth - #3 (one of my lucky numbers).

Costa Rica Real Estate Seminars - How to Buy Safely

I also figured that since I’m up in Calgary, I might as well do a couple of informative seminars on Costa Rica’s real estate market and buying real estate there safely.  We’ve had some good initial response - Canadians DEFINITELY want to get out of the cold!  And I should know, being from Winterpeg (oops!  I mean Winnipeg).

Our first seminar is on January 15th, and our second one is the next day on the 16th.  Anyone is welcome, but it may be especially interesting for retirees, investors, 2nd home owners, real estate professionals, financial professionals, and travel professionals.  If you are interested in attending, you can RSVP online and we’ll put you on the guest list.

Reduced Airfares to Costa Rica

I just wanted to mention that I was checking airfares to Costa Rica (San Jose & Liberia International airports), and there are some good deals going on right now.  Most notable are flights from LAX to both San Jose and Liberia airports.  Of course, that was a few days ago - check for yourself and maybe you can go down there to check out some properties!  And don’t forget that we offer our Fly & Buy program, where we cover up to $2000 of your travel costs if you buy a property though us.

I hope your 2008 is full of abundance!  Peace & blessings!

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Thank you for taking a moment to come and visit my Costa Rica Real Estate blog.  This blog is in it’s infancy and will be drastically metamorphosizing over the next few weeks.

My goal is to make this blog an extremely useful resource for anyone considering the purchase of Costa Rica real estate, for whatever reason - investment, retirement, vacation property, or even a personal residence.

Buying foreign real estate is exactly that - foreign!  And it can be a very nerve-wracking experience - that is if you don’t have the right information and if you aren’t working with the right people!  When you work with me, my team members, and our international affiliates, you can bet that you will get correct answers to your questions and work with an amazing team of experts with experience.

I apologize if you have come to this sight to find it quite bare.  As I mentioned, it is in its infancy, and I urge you to return in a week to find much more content.  However, if you would prefer “instant gratification”, then you can contact me at twilson@compasscostarica.net or at 310-503-0557.

My team and I look forward to serving your Costa Rica real estate needs!

Pura vida!

Tiffany Wilson, The Costa Rica Real Estate Expert

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