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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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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I 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

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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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Being a real estate investor, I am always curious as to the investment potential that each property holds.  A property can sound amazing, have an abundance of amenities, be in a great location, but I won’t feel comfortable parting with any money until I have some actual numbers in front of me, allowing me to evaluate the income potential.  And of course, I wouldn’t expect my clients to want any less.

So, I finally was able to assemble the information that I needed to perform my analysis on the fantastic Naturalia condo development near Tamarindo in the coastal Guanacate region - rental rates, management fees, property taxes, and unit prices.

Do be aware that some numbers are averaged, like property taxes and HOA fees (condo fees).  I have included comments within the spreadsheet which you should be sure to read, as they often provide information as to how I came up with certain numbers.  But if you do have questions about these number, please feel free to contact me.

And one final note:  this spreadsheet does try to use accurate and reliable information, but it is subject to change at any time.  In some cases, assumptions have also been made (typically noted in the comments).  Please use this spreadsheet as just one of the tools you would use to help you make a decision as to whether you wish to buy a unit at Naturalia.

Find out more about Naturalia.

Inquire about Naturalia.

DOWNLOAD Naturalia Rental Analysis NOW!

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Discover Jaco 4 DAYS / 3 NIGHTS - LAND ONLY BOOK OR INQUIRE ABOUT THIS BUYING TOUR

From around $298 Per person, double occupancy.

Pictures/Slideshows   Summary Explore downtown Jaco where you will find a variety of shopping and dining. Relax on the beach with a good book or get some surf lessons from one of the many surf shops in town. Take in the nightlife at one of the dance clubs or bars. And while in Jaco, set aside a few hours to take a look at some great properties which are well suited for vacation, investment, and even retirement. BOOK OR INQUIRE ABOUT THIS BUYING TOUR   Properties You Can See On This Tour Bahia Azul Bahia Encantada La Paloma Blanca Diamonte Del Sol The Pacific Costa Del Sol (Lot #34) View all Jaco area properties BOOK OR INQUIRE ABOUT THIS BUYING TOUR   Other Related Resources 2007/08 Jaco Rental Analysis Worksheet Financing Options for Buying Costa Rica Real Estate   BOOK OR INQUIRE ABOUT THIS BUYING TOUR       All prices are subject to change at any time. Availability is not guaranteed.  Book far enough in advance to avoid disappointment All information contained herein is deemed reliable but is not guaranteed and should be verified independently.

Itinerary DAY 1 SAN JOSE/JACO BEACH.  You will be transferred to your hotel in Jaco Beach DAY 2 JACO BEACH.  Set aside a couple of hours for a guided property tour of some fantastic real estate right in Jaco.  In this collection of properties, you’ll find they are well suited for retirement, vacation, and investment homes.  The rest of the day is free to discover Jaco. (B) DAY 3 JACO BEACH.  Free days.  Take an optional tour or relax on the beach - the choice is yours (B) DAY 4 JACO BEACH/SAN JOSE.  Return to San Jose (B) BOOK OR INQUIRE ABOUT THIS BUYING TOUR   Hotel Info Price per person from HOTEL TWIN SINGLE Best Western Jaco (F) $217 $324 Hotel Amapola (F)       Standard Room  $281  $480   Junior Suite  $371  $661   Villa  $516  $950 Punta Leona Hotel del la Playa (F)       Slvamar - room  $298  $450 Club del Mar (F)  $382  $642 Villa Caletas - boutique (SF)       Standard Room  $453  $748   Villa  $535  $911   Jr. Suite  $687  $1216 Xandari by the Pacific (SF)       Garden Villa  $524  $861   Beachfront Ultra  $693  $1199 Los Suenos Marriott (DLX)  $404  $727 Ask about other hotels.   Discover Jaco - Optional Tours Pre-book your optional tours to avoid disappointment. Optional tour prices per person Manuel Antonio National Park wal (closed Mondays) $48 Carara National Park  $68 Canopy tour  $82 Tortuga Island (L)  $114 BOOK OR INQUIRE ABOUT THIS BUYING TOUR

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Over $60K in equity!

$199,000 $165,000 Just lowered another $34,000!  Price to Sell!

Location Around 20 minutes South of the popular tourist town of Jaco, Puntarenas, Costa Rica.   Pictures/Slideshow   Local Sights/Activities 3 minute walk to Blue Ribbon awarded beach Jaco Beach 20 minutes away Costa Rica’s prized national park, Manuel Antonio, less than an hour away Less than a mile from new commercial center where you’ll find restaurants, shops, and groceries.   Related Resources Costa Rica Real Estate FAQ Costa Rica Real Estate Financing Options   INQUIRE ABOUT THIS PROPERTY Costa Del Sol Property Inquiry Your Name (required) Email (valid email required) Phone How would you prefer we contact you? Phone Email What's the best time to contact you? Morning Afternoon Evening Other Message cforms contact form by delicious:days

Description This is a rare and fantastic opportunity at the fabulous Costa Del Sol community, just 20 minutes south of popular Jaco Beach. It was recently reduced to $165,000 from $199,000, which was already below market!At Costa Del Sol, you’ll find a fantastic community which is perfect for getting to know your neighbor.  Meet up at the pool, plan BBQ’s with your friends, or catch some rays at the beach, just a short walk past the palm trees.  Meet others by starting a tennis club, playing on the community tennis courts. And when you want a little more action, head north towards Jaco for dining, dancing, surfing, or to take in some of the tours. This house is unlived in and has fantastic terracotta tile throughout.  Each bedroom has its own bathroom, finished with granite countertops and a tile & glass shower surround. The kitchen has hardwood cabinetry and also granite countertops.  The adjacent dining and living room make for a perfect atmosphere for entertaining, with the fresh ocean breeze flowing in through the patio doors. From the roomy dining and living rooms, 2 sets of patio doors lead you out to the backyard.  It currently has a grass lawn, but it is large enough for a pool.  Or grow a lush, tropical garden that you can escape to. Full furnishing packages can be provided for about 10% the cost of the home.  Contact us for more details. Other homes in the community are selling in the $260’s, so this is a fantastic deal that won’t last!  Contact me TODAY so we can get you over to see the property.  And don’t forget our full service travel agents who can assist you in your travel needs!   Property/Unit Amenities Lot #34 Bedrooms:  2 Bathrooms:  2 1/2 Square Feet:  1366 under air Terracotta tile throughout the house Solid wood doors and cabinets Granite countertops in kitchen and bathrooms Tile and glass shower in master bathrooms Plenty of natural light from numerous windows Large patio doors opening to back yard with grass lawn. Washer/dryer hookup in linen closet 2 car carport Lot Sq Ft:  5403 Furnishing packages available for about 10% of the property cost   Community Amenities Gated front entrance Pool BBQ area with granite prep station in open air pavilion.  Located by pool. Tennis courts 3 minute walk to Blue Ribbon beach Lush landscaping   Floor Plan This home in Costa Del Sol is the Marquis model.Costa Del Sol’s Marquis Model Floor Plan   Price JUST REDUCED AGAIN!  $199,000 $165,000   Financing Costa Rica Real Estate Financing OptionsContact us for referrals to loan providers in your area - Canada, US, Europe, or Costa Rica!Typical financing: Note:  These numbers are estimates only.  It is recommended that you get an accurate quote from a loan provider. Price:  $165,000 25% down:  $41,250 Interest Rate:  8.25 Term of Loan:  25 years Monthly Loan Payment:  $975.71 DOWNLOAD Loan Calculator for Costa Del Sol Home - Lot 34   Rent/Property Management Available.  For more information please contact us.

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 Are you a real estate professional, investor, or someone else who may know others who would be interested in Costa Rica real estate?  Then you have an opportunity to earn a referral fee with your client referrals.

We are able to offer ALL referrers (even if you aren’t licensed, which I’ll talk about in a moment) the industry standard 25% referral fee for any referrals  that result in a completed real estate transaction.

Unlike real estate agents in the US and Canada, we are able to offer referral fees to individuals even if they do not have a professional license like an agent or broker does.  This is because the sale of Costa Rica real estate, and the parties involved, are not governed by a professional organization which determines who can and cannot receive referral fees.

So if you are an investor who knows other investors who are interested in Costa Rica real estate, or you’re a travel agent who has several Costa Rica travel clients who are interested in buying a home in Costa Rica, YOU can earn a referral fee by referring your clients to us.

In order to accurately track the referrer (so we can make sure they get their earned commission), we recommend that either of the Referral Forms located below be used when submitting a referral to us.  We also offer a Referral Agreement, which can be provided upon request.

Referral Form - PDF

Referral Form - Word (fillout)

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