COSTA RICA Preconstruction
World renowned for
its pristine beaches and lush habitat, real estate in Costa Rica has
become increasingly popular for home buyers and investors due to its
stability and friendly foreign ownership policies.
As a result, real estate demand and
prices have steadily climbed. They are still at a significant discount to
what is offered in other beautifully politically stable countries in the
world, like the United States and the Caribbean.
Costa Rica is often called the
"Switzerland of the Americas," largely due to its stable
government, which abolished the army in 1948. This helped pave the
way for Costa Rica's current desirable investment status that it boasts
today, the government allocated would-be military dollars towards
education, infrastructure and health care. Today, Costa Rica has
one of the highest literacy rates in the Americas (96%) and the best
infrastructure of any Central American or Caribbean country.
Whether it's
surfing, rain-forest hiking, wildlife watching, photography, mountain
biking or renting a boat. Jaco has something for everyone. World class sport
fishing and an 18 hole championship golf course are just five minutes by
car from Jaco. A broad selection of restaurants (fine dining to
casual elegance), nightclubs and bars other an array of opportunities to
view beautiful sunsets.
Location:
Central American between Nicaragua to the North, Panama to the
South (between 8 and 11 degrees north of the equator), Caribbean Sea to
the East and the Pacific Ocean to the West.
Getting There:
Costa Rica has International ports on both coasts; Air,
Ocean and Freight Transportation Services. Costa Rica is only 3
hours flying (to San Jose, CR's capital city) from many major
cities in the U.S. (Atlanta, Los Angeles, Houston, Charlotte, Miami,
Orlando, etc.) and only four hours from Washington DC and New York.
Many of these flights are non-stop, making a weekend trip to Costa
Rica a possibility!
GENERAL
STATISTICS:
- Area - 50,895 square kilometers (about the size of West Virginia)
- Population - approx 4.5M
- Capital - San Jose (pop. 300,000)
- Language - Spanish (estimated 39% speak English)
Property Rights:
Costa Rica law protects private ownership via a Public
Registry of its land. Most property is sold fee simple just like
in the US. Further, foreigners share equal property ownership
rights!
Taxation:
There are NO capital gains in Costa Rica and the Property
Tax rate is ONLY 0.25% on the declared value of the
property.
Government:
One of the oldest democracies in the Americas, since
1889, and in 1948, the government abolished the army. Furthermore,
perpetual neutrality was proclaimed in 1983.
Medical:
Offers modern facilities comparable to the United States, at a
fraction of the cost, and Jaco recently opened a new Clinic in
2006.
Moody's recently improved
Costa Rica credit rating: "Moody's based its
decision on the improved fiscal status of the country, promoted mainly
by restrictions on spending which allowed for a larger
surplus."
Climate:
Maybe the most inviting characteristic of Costa Rica is its
climate. In the Central Valley, the temperature ranges from the
high 60's to mid-80's year round. On the Central
Pacific Coast, where the bulk of the developments we will be promoting is
centered, the temperature ranges from the low 70's to the high
80's to low 90's year round.
You can literally
sun bath and play in the surf All Year Round!
COSTA RICA - JACO BEACH - WHY WE ARE SO EXCITED ABOUT
THIS OPPORTUNITY!!!
We have several projects to
offer in Costa Rica - the first project we are investigating has a price
range of $375,000 to $625,000. Yes, we can
still offer Pre Construction Discounts off these price points!
It is directly on the
Pacific Ocean and every residence has
a balcony that overlooks the beach and the surrounding
mountains, which provides an excellent vantage point for
starry nights and the sun setting over Pacific waters. We
have been told that this will be the most exclusive Oceanfront club in
the area. This project has it all...
Private Club amenities and custom detail throughout
the design. Choose from a variety of two and three bedroom floor
plans.
This opportunity
is very unique in this area, as it is being promoted as a lifestyle.
This project is also unique in its
size, most of the new planned construction will range from 12-16 stories
(very high for Costa Rica, but this is becoming the norm in Jaco Beach).
All of the amenities of town are within walking distance, but
residents will live outside the main heart of the city. This
property is very unique in that most of the acreage is being used to
show off the beautiful vegetation and flaura of Costa Rica.
THIS FIRST PRE CONSTRUCTION OPPORTUNITY
IS
LOCATED ON JACO BEACH IN COSTA
RICA.
Located on the
North Side of Jaco Beach, I have been told the nights are quiet and one
gets the pleasure of falling asleep to the natural ambiance of the waves
hitting the cinnamon sand beach.
The project
consists of 30 beach front units, all of which will feature
balconies
with ocean views
and first class fixtures (See amenties list below),
on over 1.5 Acres
of Lush Beachfront Titled Property.
This project is
directly on the Ocean, the Pacific Ocean, and every unit has a balcony
that overlooks the beach and the surrounding mountains, which provides
an excellent vantage point for nightly sunsets.
Jaco Beach is located on the
central Pacific region of Costa Rica, Jaco is just a 1.5 hour drive from
the capital city San Jose. It is the closest developed beach from
San Jose and is soon to be an even shorter trip upon the completion
of a new government road. This lovely and lively seaside
resort town features all of the amenities desired by even the most
discerning traveller.
Jaco Beach and the surrounding
areas are experiencing phenomenal growth, even Walmart has moved into
town (part owner in a new warehouse store and in the newly remodeled
central grocery stores in town).
Growth in the Costa Rica Real
Estate Market is gaining momentum, propelled in part by a decade of
robust tourism growth, which provides an active pool of condo buyers and real estate investors.
There are already many people moving to Costa Rica and specifically to the coastal
area of Jaco Beach
THIS IS
THE ACTUAL SITE
View of Beach from
the actual building site taken several months ago.
Dirt is now being
moved - getting ready for the foundation in August.
This photo taken from Michel's (our project contact) residence.
- Construction has already started (we know this a sure opportunity)
Title insurance is available through a U.S. Title Insurance Company.
The project is beautiful and is top of the line.
It is being promoted as a boutique beach and condo club, offering upscale services.
Residents are within walking distance to the local nightlife, fine dining, Spas, fitness facilities (offering pilates, yoga and aerobics studios ,etc.)
A board walk has recently been approved by the city and will offer walking and biking paths along the beach.
Common areas for play, sports and relaxation.
An oversized pool for exercise and recreation on the property.
Residents will enter the property through a private gate surrounded by cascading fountains through a palm tree lined boulevard and each unit is provided with a covered parking space and locked storage (great for surf boards, golf clubs, beach chairs, etc.)
Concierge services (airport pickups, tourist activities, etc.) with a club van from member and 24 hour security.
Residents will be buying a lifestyle where owners will know their neighbors and a friendly and relaxing environment radiates.
- Low monthly HOAs (targeted less than $400).
Amenities
- Ocean Views from all Living rooms and Balconies.
- Over 1.5 Acres of Lush Beachfront Titled Property
- Plush Landscaped Grounds with a Gated Palm Tree Line Boulevard Entrance.
- An Optional, turnkey vacation rental program for owners (run like a condo-hotel).
- 24-hour Grounds Security with Secured and Covered Parking
- Swimming Pool with Jacuzzi.
- On site Property Management
- Finely Crafted in Native Hardwood French Doors open to Large Covered Balconies with Space for Outdoor Dining with Treated Wrought Iron Railings.
- Top of the line Wood finished windows
- Central Air Conditioning
- Elevator Services
- Individual Electric Hot Water Heaters with Filtered Safe Drinking Water
- Hardwood Crown Moldings- Chair rails and baseboards made of native hardwoods
- Quality Wood Cabinetry with Traditional Accents and Moldings
- Solid Granite Countertops
- American-Style Stainless Steel Appliances (refrigerator, dishwasher, stackable washer and dryer)
- Luxurious Tile Floors
Assignment
Information:
Because of the demand and the
nature of this project the developer is requiring buyers to close, but
there are no holding restrictions. You can purchase with an LLC.
Investors are limited to four units and a volume discount will
also be honored.
Price Range:
$375,000 to $625,000 (Yes, Pre-Construction
Discounts Still Apply!)
Deposit Info:
- 15% upon signing contract
- 10% upon completion of the foundation
- 10% upon completion of the walls of the building
- 5% upon completion of the roof
- and the remaining balance (60%) upon completion
Financing:
Some financing $$ are available, in some cases,
if you qualify.
JUST A
QUICK NOTE - WE WERE INVITED AND THE FIRST TO RESPOND TO THIS
OPPORTUNITY - TALK ABOUT GETTING IN ON THE GROUND
FLOOR?
THE EARLY
FROG GETS THE WORM!
DON'T MISS OUT ON THIS FIRST OF A
KIND,
PRE CONSTRUCTION OPPORTUNITY IN BEAUTIFUL COSTA RICA.