The Costa Rica Real Estate Expert

Best valued development in the Central Pacific Reserve your lot today - send a reservation inquiry below.

From $30,000 Certified Green Worldwide

Project Updates May 3, 2008 - The Phase 1 Master Plan map was just released and is now available for download (see below).  Finalized price list to follow within the next month.  Reservations being accepted.  Fill out the inquiry form below for more details on reservations. May 18, 3008 - The file for the Phase 1 Master Plan map was minimized to make downloading easier.   Location 10 minutes from the city of Puntarenas in the Central Pacific region   Pictures/Slideshow Local Sights/Activities Minutes from the historic city of Puntarenas, port for major cruise lines Close to numerous surf spots About 25 minutes from the popular tourist town of Jaco Beach Take a catamaran cruist to Isla Tortuga from Puntarenas The maritime museum, Museo Historico Maritimo, in Puntarenas Parque Marina Del Pacifico aquarium in Puntarenas   Master Plan Download the Phase 1 Master Plan Map for Las Colinas de Miramar (right-click, and select “Save Target As”).  Current as of May 18, 2008.   Related Resources Costa Rica Real Estate FAQ Costa Rica Real Estate Financing Options   Real Estate Professionals Real estate agents, investors, and other real estate professionals can earn up to 5% co-broke fee.  Please inquire below for more information.   Inquire About This Property Las Colinas de Miramar Inquiry Your Name (required) Email (valid email required) Phone How would you prefer we contact you? PhoneEmail What's the best time to contact you? MorningAfternoon EveningOther Would you like information on reserving a lot? Yes No Message cforms contact form by delicious:days

Description Imagine yourself and your loved ones standing atop your own private paradise.Imagine yourself and your loved ones among the verdant fields and colorful flowers of your own special Garden of Eden. Imagine being lost in the tranquility, romance and splendor of endless sunsets aglow with the brilliant light of nature’s prism. Imagine The Hills of Miramar. Nestled among the foothills of the Cordillera de Tilaran near the Central Pacific coast of beautiful Costa Rica, the Hills of Miramar is a “Certified Green” Master Planned Community of 185 custom, fully improved home sites. Set among 1,200 green acres, the Hills of Miramar (Las Colinas de Miramar) will feature over 100 home sites of 1.25 acres each. All home sites will be fully improved with roads, water, electric, cable and sewer. All will have direct access to the Pan American Highway near the quaint, historic town of Puntarenas. The entrance to the Hills of Miramar is only minutes to the new Caldera Highway - a direct 45 minute drive from the Pacific Coast to the bustling capital city of San Jose. Most of our home sites offer sweeping, panoramic views of the Pacific Ocean, the Gulf of Nicoya and the Nicoya Peninsula. All of our home sites feature magnificent pastoral views of rolling green pastures and forests. All home sites are fully titled - fee simple. You own it! What’s more title insurance is available from Stewart Title - one of the world’s largest title insurance companies. The Hills of Miramar has been awarded the coveted “Certified Green Worldwide” designation. This honor is given to those communities that conform to the twelve point environmental protocol of the Certified Green initiative ensuring environmentally safe development. The Hills of Miramar features - Outstanding, panoramic ocean views; Over 100 Custom Home Sites of 1.25 acres each; Fully improved home sites complete with roads, water, electric, cable and sewer; All home sites have direct access to the Pan American Highway and are only minutes to the new Caldera Highway to San Jose; The Hills of Miramar is located in one of the most emerging areas of Costa Rica; The Hills of Miramar has received the Certified Green Worldwide designation for responsible development; All home sites are priced competitively for maximum future appreciation. Home sites start at only $30,000. You can build right away or whenever you’d like.   Community Amenities Pools Basketball court Commercial/retail center Equestrian stables Gated front entrances   Preferred Builders TBD, though you can choose your own!   Home Plans/Floor Plans Coming soon…  You do have a choice of building a home using your own plans or homebuilder (some restrictions may apply).   Price/Pricing Phase 1:1.25 acre lots starting at $30,000. Same sized, ocean view lots starting at $60,000   Financing Financing available.  Please fill out the inquiry form on this page for more information.   Rent/Property Management Property management will be made available as the community becomes more developed.  For more information please fill out the inquiry form on this page.

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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!

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Real estate investing is pretty exciting.  At least for me it is.  I enjoy dipping into my arsenal of investment tools to choose one that is best for each situation.  I enjoy watching a home being transformed from a dump to a shining jewel.  I enjoy seeing others enjoy the fruits of my labor.  I enjoy the check at the end of the transaction.

I’ve always had an interest - or maybe you could say, an affinity - for real estate.  So it’s not surprising that I have ended up where I am, even though my past career direction was in the completely opposite direction.

But there is one thing that frustrates me about real estate investing - I don’t get to enjoy the homes that I invest in.  That’s really too bad for me, because I’ve bought some especially cute homes!  But alas, they end up being long term rentals or sold to some lucky, new owners.

But, a few months ago I found an opportunity where I could invest in a piece of real estate AND enjoy it.  Costa Rica real estate.

Costa Rica:  A Good Investment

Costa Rica’s real estate market is booming, making it very attractive to a large number of investors.  Appreciation is high (10-30%+ in the coastal areas) and real estate prices are relatively low (new, beachfront, luxury condos starting in the high $200’s).  Many of these developments offer property management so that you can rent out your property to tourists, who have a difficult time finding accommodations during the high tourist seasons.

Eating Cake - Enjoying My Investment 

Now I LOVE to travel, which is why I am in love with the idea of investing in Costa Rica.  My investment can make me money AND I can enjoy it!  As an investor who always tries to maximize my money and time, this is a perfect fit.

Interested in Costa Rica real estate as an investment?  Start by checking out some of my investment-related postings Costa Rica Real Estate FAQ and Costa Rica For Investors.

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Don’t you wish you could turn back time, go back 10 or 15 years, and buy tons of property in Hawaii?  Don’t you wish you had the foresight back then to invest your money in inexpensive beachfront homes that would now be worth millions today?  Don’t answer that - it’s rhetorical.

Wouldn’t it be great if an opportunity like that were available now?  Well, I’m here to tell you that it is - Costa Rica.

I can hear the questions already:  “Isn’t Costa Rica in Central America?  Is it safe?  Won’t they take my land?  Don’t I need all cash to buy there?  Hasn’t the opportunity to invest in Costa Rica passed?”  There are a lot of myths about investing and owning real estate in Costa Rica that are just untrue.

In fact, in my honest opinion, Costa Rica is probably one of the safest real estate investments you can make, and one of the most profitable.  Here are some of the top reasons why you should invest in Costa Rican real estate:

10.  Numerous English speakers.  The Costa Rican government has put a lot of money into their education system, resulting in a high number of bilingual citizens that speak Spanish (their national language) and English.  There is also a large community of North American expatriates adding to this English-speaking community.

9.  Stable government and economy.  Costa Rica is also known as the “Switzerland of the Americas”.  They have a stable government and their economy is quite diverse relying on a variety of industries and not just tourism.

8.  Tourism increasing.  Currently, the supply of places for vacationers to stay does not meet the demand for the increasing number of tourists coming to Costa Rica.  Current estimates predict that this will be the case for some time.

7.  Inexpensive property taxes.  Get this - in some places, property taxes are currently as little as 0.25% of the recorded value.  Other areas may top out around 1.25%.

6.  Availability of financing.  Often developers will offer financing on their property, loaning you up to 70% of the purchase price.  North American lenders are slated to enter the Costa Rican market in the near future.

5.  Titled land.  Yes, you OWN the property.  In fact, foreigners get the same property ownership rights as Costa Rican citizens.  Don’t worry - they won’t take your land.

4.  Positive cash flow opportunities.  Based on recent historical data, there is definite potential for a minimal investment to produce a positive cash flow after a couple of years.

3.  Inexpensive beachfront property.  Okay, the days of $20,000 beachfront acreages in Costa Rica are gone.  But compared to anywhere in North America, beachfront lots are still plentiful and are still a bargain.

2.  10-30% appreciation.  Ahhhh…  Memories of the days where it was not uncommon to see double-digit appreciation rates.  Oh wait - they have that in Costa Rica right now!

1.  No capital gains tax.  Nuff said.

Costa Rica has plenty of opportunities to invest, and in some of the hottest tourist spots in the country.  Jaco Beach, an extremely popular tourist destination located in the coastal Mid-Pacific area of Costa Rica, has beachfront and beach-close investment opportunities, some starting for as little as the High-$100’s.  Of course, if your investment is a short drive from a high-tourist area, the prices could even be less.

One important thing to remember when buying real estate in Costa Rica is to work with someone who is knowledgable and has a good team to help you find an investment property that suits your needs.

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