Archive for March, 2010

A new ecological community, Rancho San Roque, is being developed in the foothills of the Rincon de la Vieja volcano in Costa Rica.  The developer has engaged the services of The Project Office (TPO) to manage the project; Deppat to create the master plan; and Zurcher Architects to create the architectural detail for a private residential community in harmony with nature.  Each of the 37 fully-titled lots available for purchase has at least 1.25-acres (5000M2) and incorporates sweeping views of the Guanacaste countryside, enjoying cool mountain air and rich volcanic soil.

Residents will enjoy the tranquility of country living with the convenience of modern services.  Located in Cañas Dulces – only 30 minutes from Liberia – where modern shopping, fine dining, and premium services are abundant.  The international airport in Liberia is just 40 minutes away, and some of Costa Rica’s best white-sand beaches and fishing are also an easy drive from the community.

Rancho San Roque is situated at a comfortable 1500 feet above sea level, offering fresh cool mountain breezes.  The area is host to a growing number of ecotourism facilities such as Buena Vista Adventure Center and Spa, which offers adventure sports such as canopy tours, rappelling, waterslides, horseback riding, hiking, thermal spa baths, and much more.  A high-end eco-resort, Borinquen Mountain Spa, showcases hot springs, a luxury hotel, restaurants, nature trails, and many more attractions within just minutes of the community.  The community is also located within minutes from the planned Guanacaste Country Club designed by Jack Nicklaus and being developed by a U.S. group that includes Frank Biden (Joe Biden’s brother).

“Most of the development in Guanacaste has happened at the beaches, but an increasing number of full-time expats find it to be too hot and too touristy,” said Dan Harris the CEO of The Project Office. “That is why we chose a tranquil country setting with a cooler climate for our community.  We’re in a laid-back rural area, yet still close to all modern services and amenities in Liberia.”

The city of Liberia is continually expanding with modern services.  Several banks, shopping centers and restaurants make up the town center along with the Home Depot-style hardware store called the Do It Center.  Large commercial developers are betting that Liberia becomes the business capital of northern Costa Rica, similar to the Central Valley, as evidenced by the million square-meter Solarium office industrial complex.  Furthermore, the best hospital in Central America, CIMA Hospital San Jose, has plans to build a new full-scale private hospital in Liberia.

Rancho San Roque will engage in a permaculture project to restore the pastureland, and will feature a community center with a pool and fitness center, walking trails through orchards, a greenhouse, organic gardens and aquaculture ponds.  The rich volcanic soil is perfect for gardening where the project aims to produce fresh organic vegetables, many fruit and nuts, fresh-water fish, chickens and eggs for the residents.

“Our goal is to restore the land with an edible forest and permaculture gardens producing healthy food security for residents” Harris added. “The intention of permaculture is not only to produce food, but also give immeasurable benefits to the environment while creating a beautiful and diverse landscape to enjoy.”

All environmental permitting is in place and all lots are ready to sell with clear title.  The developers are encouraging alternative energy such as wind and solar power, but are providing electric grid service in the community.  Satellite TV is readily available and high-speed Internet will be on site creating a fully connected community.

Each lot comes with a Costa Rica corporation allowing for clean transfers with low fees, and gives buyers a vehicle to obtain cell phones and other utilities.  The community is currently one of the best values in Costa Rica starting at $50,000 during the development phase. Financing is available with 40% down at 8% interest for 5 years ($20K down, $608/mth).

CONTACT US HERE FOR MORE INFORMATION

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Real Estate Investment Consultant Jeff Hickcox

This is continued from Retirement Living In Atenas Costa Rica – Free video part I here.

Many clients ask us “If I retire to Costa Rica what is there to do for retirees?” Well, once you’ve gotten settled and exhausted all of the day-tripping to see the many wonders of Costa Rica, which are often repeated when your guests are in town, there are many activities and social gatherings to keep you busy.

In our town of Atenas, you’ll find just about any activity that would interest in your home country. Within a 30-minute drive there are golf courses, tennis courts, modern malls and movie theaters, beaches, volcano tours, hiking, biking, rappelling, world class fishing and so much more.

Also in Atenas, there are a variety of social groups like womens’ clubs, garden clubs, book clubs, poker clubs, and volunteer groups along with classes for painting, dancing, cooking and Spanish to name a few. All of these activities are in addition to the morning coffee shop chat, the weekly farmers market, expat dinner parties, the countless local fiestas, and other local events.

TO WATCH VIDEO AND READ ENTIRE ARTICLE, CLICK HERE

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Real Estate Investment Consultant Jeff Hickcox

Retiring to a foreign country comes with many challenges. First, you must decide what type of lifestyle you desire in retirement.

Lifestyle choices like climate, cost of living, access to services (especially quality health care), quality of life, social opportunities, and distance from loved ones seem to be the most important to the average retiree.

Increasingly, it is becoming more difficult financially to retire in the United States. Although real estate prices have come down in popular retirement areas like Florida and Arizona, the cost of taxes, health insurance, food, and other necessities have skyrocketed making it very difficult for North Americans to retire comfortably in the States.

TO WATCH FREE VIDEO AND READ ENTIRE ARTICLE, CLICK HERE

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Great Opportunity for Investors!
Ocean view residential community, ready to go!
$350,000–possibly negotiable


A new ocean-view project of 7 lots has recently become available in San Ramon. Perfect for investors not wanting to put a lot of time and effort into real estate development. This project includes fully segregated and titled lots, water service to each lot and electricity. Lots range in size from 2100 square meters or .5 acres, to over 16,000 square meters or over 4 acres. Situated on an active coffee farm, residents will live in the real Costa Rica, but not isolated. The development also features many fruit trees including oranges, limes, tangerines, bananas and plantains. The land is largely rolling hills directly facing the ocean with home sites strategically nestled within coffee and fruit trees.

Located just five minutes from downtown San Ramon, this project is in an area being recognized as a foreign enclave, but providing much natural beauty and stunning views of the Pacific Ocean, Nicoya Peninsula, Puntarenas, and various islands. The sunsets over the Nicoya Peninsula are spectacular as are the nighttime lights of Puntarenas. During holidays, you’ll be able to see numerous fireworks shows in the many towns surrounding Puntarenas. San Ramon has a very temperate climate at about 3200 feet above sea level. The temperature averages about 78 degrees year round and dips down to about 68 degrees at night. Due to its location and rains, the area stays green throughout the year.

The seller’s Costa Rican partner, who was the first person here to receive USDA organic certification for his coffee and vegetable farms, can maintain the project for the new owners including cultivating and picking the coffee, repairing internal roads as needed and keeping the project tidy. He is currently converting this community to organic.

Perfect for retirees, San Ramon offers all services including a large hospital, several clinics, a shopping mall with three-screen movie theater, many restaurants, swimming and other recreational facilities, and the largest branch of the University of Costa Rica outside of San Jose. The town also offers several museums and high-speed Internet is available throughout the area. It is about 40 minutes to the Pacific Coast and 45 minutes to the main international airport (SJO) near San Jose.

At $6.31 per square meter, this project is a real steal AND all of the work has already been completed by the current owners. In this area lots tend to retail in the range of $13 per square meter to $18 per square meter. In the past three years, about 35 lots have been sold in this up and coming area. Please contact us for additional information and to schedule a time to see this stunning residential community.

SEE THE FULL LISTING HERE

CONTACT US NOW

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by Scott Oliver from WeLoveCostaRica

You’ve heard it before and it’s worth repeating; ‘When It Sounds Too Good To Be True… It probably is.”

Costa Rica is a truly beautiful country and for many, it is the ideal place for Canadian foreign investment but, please do not leave your brain on the plane!

You must remember that in Costa Rica, any ‘Tom’, ‘Ricardo’ or ‘Harry’ can call themselves an investment advisor with zero education, no training, no qualifications and no regulatory oversight whatsoever… Just like “Realtors.”

Where Can Gringos Invest?

As a professional investment advisor for the last 20 years – but no longer – US citizens have zero options when it comes to legitimate offshore investment funds who want nothing to do with them but, inside Costa Rica there are many options…

A more appropriate question should be: “What legitimate, secure and verifiable investment products are available? Products that may be similar to the ones that you are accustomed to ‘back home’ and, “Is there someone with comparable, professional investment qualifications that could help me?”

When living in Costa Rica and evaluating foreign investments that might be appropriate, please get the answers to the following ‘basic’ questions:

  1. Who exactly is handling your money?
  2. Where was the company formed & registered?
  3. Who exactly owns the company?
  4. Where is the company’s physical headquarters?
  5. Who exactly is the President?
  6. Who exactly are the other Executive Officers of the company?
  7. What part of the world are they from exactly?
  8. Are they qualified to do what they say they do?
  9. Are they licensed? If so by whom?
  10. Who and where are their traders?
  11. Who and how exactly will they invest your money in?
  12. How exactly do they manage ‘risk’?
  13. Who exactly audits their company’s track record?
  14. Where exactly do you wire your money? Which banks? To which account?
  15. With which professional bodies are the traders and the principals of the firm registered?
  16. How can you verify this information?
  17. Are you really comparing apples to apples? For example, you know that a AAA rated investment in Costa Rica is NOT the same as a AAA rated investment ‘back home’, right?
  18. Does the person ‘selling’ you the idea have any qualifications, training or experience in personal financial matters?

Take notes of your discussions and write down the names of all of the people involved.

Remember! This is your money. You can ask any damn question you want…

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