2CRRE Magazine | December 2021

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EXCLUSIVES SHOWCASE | DECEMBER 2021


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Hermosa Titled Beachfront Land PLAYA HERMOSA, JACO

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CONTENTS Letter from the owners . . . . . . . . . . . 5 Outstanding views . . . . . . . . . . . . . . 7 Cerros de Marbella Panoramic View Luxury Condo . . . . . . . . . . . . . . 8 Liberia Country Village and Golf . . . . . 10 Villa Tranquila #3 . . . . . . . . . . . . . . . . 11 Casa Bisily . . . . . . . . . . . . . . . . . . . . 12 One Faro Escondido . . . . . . . . . . . . . 14 Osa Waterfront Lodge . . . . . . . . . . . . 15 Jungle Beach Hotel . . . . . . . . . . . . . . 16 What is the Standard Process for Purchasing Property in Costa Rica? . . . 18 Lots conveniently located | Nativa . . . . 20 Bay villa . . . . . . . . . . . . . . . . . . . . . . 22 Nativa Contemporary Estate, No Reserve Auction | Santa Ana Event . . . 24 Large Ocean View Property . . . . . . . . 26 Vistas del Monasterio Sunset Condo . . 28 Beauty, history, wildlife, culture & infrastructure! | M.A. Lots . . . . . . . . 30 Tropical Modern 4 Bedroom Home in Hermosa . . . . . . . . . . . . . . . 32 Versatile and attractive, multi-use property . . . . . . . . . . . . . . 34 Villa Pinuela | Villa & Guest House . . . . 36

Todd & Scott Cutter Owners Laura Duran Marketing Director Marcela Fernández 2CRRE | Exclusives magazine

Creative Designer


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LETTER FROM THE OWNERS December in Costa Rica is a magical time of transformation on so many different

levels.

December

is

traditionally the first official month of our dry season with the tropical rains which are part of our weather patterns through November subsiding almost entirely for most of the country during the month of December. This transition is inspired by a seasonal wind pattern which settles over the atmosphere here in paradise and creates a unique weather phenomenon which Costa Rica people and its visitors have come to associate with the Holiday Season. While snow and freezing temps are associated with Christmas and the Holiday season in much of the Northern Hemisphere, it is not uncommon for Costa Rican to talk about feeling the warm winds of December and saying .”ahh, it feels like Christmas!” The Christmas season here in Costa Rica is a month-long celebration, as Costa Rican employees, by law, get an Aguinaldo, or holiday bonus equal to an extra month’s salary. This comes in the first two weeks of December and creates an energy, economic boom and joyous sensation which is palpable in the air, culture and its people.

This is an

AMAZING time to be visiting Costa Rica as the end of the slower tourism months, the end of the season rains, the onset of the vibrant peak season, holidays, and pending New Year bring out the absolute best of Costa Rica’s Pura Vida spirit. The real estate market, much like the rest of Costa Rica, is also vibrant this time of year with the plummeting temps up north reminding so many people of the beauty, energy and opportunity in this emerging marketplace. After what has been a record setting 2021 in sales and real estate interest, the indicators for the rest of this year and 2022 are INCREDIBLE. Unlike the USA which has seen skyrocketing pricing, Costa Rica’s market has been robust, but mostly focused on absorption of existing inventory and there are still great opportunities here to be found. Inventory is dwindling, but Buyers today are going to be reaping the benefits of a tremendous pent up demand for PURA VIDA.

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Happy holiday season!

ESCAZU, SAN JOSE

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OUTSTANDING VIEWS

CASA DEL SOL PANORAMIC RESIDENCE | SANTA ANA

VILLA BUENA ONDA | PLAYAS DEL COCO

NATIVA RESORT DEVELOPMENT | JACO

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CERROS DE MARBELLA PANORAMIC VIEW LUXURY CONDO | Jaboncillos, Escazu

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Best views in Jaboncillos! The views from the moment you walk into this home simply leave you at awe of the vast distant valley. The brilliant lights that shine over the valley at night capture your eyes from all living areas in the apartment. The building hosts 2 apartments per floor which adds to a nice sense of privacy. When arriving to this apartment you feel like you really have walked into something very special. The home is taken care of in all the details you can imagine. This property has some of the nicest distributions of large spaces and views in the entire area. There is also great cross ventilation throughout the apartment.

277 M2 | 3 BEDS | 4 BATHS | $650,000

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LIBERIA COUNTRY VILLAGE AND GOLF | Papagayo This presents a unique opportunity to invest in 660-acres ready to be developed in Liberia, Costa Rica. Something very rare to have a ready-to-go development with all the bells and whistles. Only 5 km away from the Guanacaste international airport, 45 minutes from the Nicaraguan border, and an easy 3-hour drive to San Jose. The design was completed for an 18-holes golf course designed by the famous Mike Young, who also designed the golf course at Hacienda Pinilla.

2,670,000 M2 | $17,000,000 2CRRE | Exclusives magazine


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VILLA TRANQUILA #3

| Manuel Antonio

Just a few minutes away from the Marina Pez Vela Villas Tranquilas is like a small Costa Rican Resort. There is also a nice patio space perfect for morning coffee as you look out and enjoy the tropical nature and wildlife that surrounds the property. The common areas have two pools and a recreation area perfect for family bbq´s. The tropical gardens beautifully manicured host plants and flowers which attract a lot of the local birds and butterflies so typical to the Costa Rica postcard scenery. This property can be used as an investment for long term rental or even short term being that is so close to the Marina and the the famous National Park.

149 M2 | 2 BEDS | 2 BATHS | $124,000

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CASA BISILY

| PLAYA HERMOSA, JACO

Casa Bisily is the premiere ocean-view mansion in Playa Hermosa & arguably the most impressive singlefamily home in the Jaco Beach area. 2CRRE | Exclusives magazine


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This stunning property is located on an elevated hillside lot above Playa Hermosa and is made up of a towering three-story main house and a detached guest home boasting twelve bedrooms total with an ensuite bathroom in every bedroom. The access to this estate is ideal and completely paved from the coastal road directly to the driveway, which is just a few minutes from the beach. Casa Bisily has quickly become the most popular “high-end” rental property for large groups due to its size, privacy, and proximity to the beach and amenities in Jaco. Casa Bisily checks all the boxes and is a must-see luxurious property.

1,000 M2 | 12 BEDS | 14 BATHS | $2,400,000

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ONE FARO ESCONDIDO

| Jaco

Situated within the exclusive community of Faro Escondido, commonly known as one of the country’s most exclusive beach resort communities, this landmark estate comes to the market for the first time in its 25 year history. No home within Faro, or frankly on the coast, offers the unique combination of defining characteristics including first class construction quality and impeccable maintenance, a layout boasting 10 bedrooms and 34 total beds, a setting designed for entertaining an abundance of family and friends, and of course, one of the most mesmerizing views that money can buy.

1,400 M2 | 10 BEDS | 14 BATHS | $3,195,000

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OSA WATERFRONT LODGE

| Dominical

In a few rare places around the world magic still happens naturally. In even fewer places, that magic happens every day. This approx 165 acre, water front, rainforest lodge receives visitors from all over the world which have come to experience the magic of the neo tropics for the last 12 years. Furthermore, the lodge could be considered for a retreat center, research center or private family estate. Very few properties like this exist in the world, and with 165 acres of waterfront property in Costa Rica’s most bio-diverse and beautiful area this will be a trophy property for generations to come. Inquire for further details.

1,858 M2. | 12 BEDS | 10 BATHS | $2,500,000 2CRRE | Exclusives magazine

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JUNGLE BEACH HOTEL | Manuel Antonio 2CRRE | Exclusives magazine


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Jungle Beach Hotel is one of the last little gems left in Manuel Antonio!!! This hotel is within walking distance to the most visited place in Costa Rica; Manuel Antonio National Park. Location is everything when it comes to this high occupancy hotel. It is just a 3 minute stroll to one of the most amazing beaches in Central America you can walk to several great restaurants and several little supermarkets and souvenir shops. This hotel is the perfect opportunity for a family who wants to come to Costa Rica and live the dream and own a business that generates a great income..

900 M2 | 14 BEDS | 18 BATHS | $2,400,000

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WHAT IS THE STANDARD PROCESS FOR PURCHASING PROPERTY IN COSTA RICA? As part of our Frequently Asked Questions series of blog posts, we are setting out below a summary of the steps that you would expect to follow in a typical property purchase in Costa Rica and in Santa Teresa. We would be more than happy to go through the information in more detail via telephone or email - please don’t hesitate to contact us with questions!

Purchasing Property in Santa Teresa: 1. The very first step is to find a realtor that you like, who is both knowledgeable of the local market and ready to support you in all aspects of finding the perfect property for you. By law, all real estate agents in the country must be registered with the SUGEF, which is the Costa Rican banking regulator. Your realtor will want to sit down with you and talk (either face to face or via FaceTime/Whatsapp/Zoom), and find out your plans, your criteria and your budget. Armed with this information, the property search will begin. Your realtor will be actively searching for properties that fit your wants and needs, but you will also find our website an invaluable tool when searching for properties. As a registered user with your own account, you can set up your own Saved Searches (which will send you an update when properties that fit your criteria come on to the market or change in price), you can save your favorite properties or share these with friends/family and you can make notes on your account against certain properties that will help you keep track of what you have viewed and what you liked/disliked about the property in question. If you need help in navigating how our website works, please do not hesitate to reach out to us! 2CRRE | Exclusives magazine


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2. Once you find the perfect property, you would make an offer. At our office we write up a Letter of Intent that includes the offer price and conditions of sale, which you sign. We send this on to the Seller and discuss the offer in detail with him/her. Once the terms of the offer have been agreed by both the Buyer and the Seller, the Letter of Intent is signed by both parties. Having the agreed offer in writing ensures that everyone is on the same page from the outset. 3. Once the Letter of Intent has been signed, we would draft the Sales & Purchase Agreement (SPA), which is reviewed and agreed by both parties and their lawyers. Once the SPA is signed, a 10% deposit is sent by the Buyer to Escrow. 4. Due Diligence - the due diligence period is usually 30 days to 90 days from the signing of the SPA. The due diligence would include house inspection, survey of the lot and border (including check of neighbor’s borders and any overlaps), legal due diligence performed by the lawyers and anything else that you want to have checked (well pump test, soil test, etc). The costs of the due diligence are borne by the Buyer. The due diligence period can be as short as 30 days if both parties want a quick closing. The standard practise is that the 10% deposit is

refundable during the due diligence period, allowing the Buyer the time to really look in to every aspect of the property. 5. Once the due diligence period is ended and the results come back positive, the 10% deposit becomes non-refundable. If the due diligence is negative, the deposit is refunded to the Buyer. 6. Closing - once the Buyer has declared positive due diligence results, we would move on to Closing. The Buyer will send the remaining 90% of the purchase price to Escrow, in preparation for closing. The Buyer’s lawyer is responsible for drafting the Title Transfer Deed. On the day of Closing, the Title Transfer Deed is signed by both parties (or their legal power of attorney) and the Escrow Agent sends the funds to the Seller. At this point the Buyer’s lawyer will register the Title Transfer Deed with the National Registry. It will take about 2 weeks for the new ownership to appear in the National Registry, which is fully accessible by the public. This is just a very brief overview of a standard purchase here in Costa Rica. As mentioned above, if you would like to discuss the process in more detail please do not hesitate to contact us!

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LOTS CONVENIENTLY LOCATED | Nativa Nativa is a beautiful condominium complex in the Central Pacific of Costa Rica. Located in between the Pacific Ocean and the Carara National Park the rainforest and wildlife is abundant in this property. If you have visited the Jaco area, the Nativa resort is known for the beautiful entrance after the Croc’s bridge, it is only 1hr and 15 min from the San José airport. Nativa is located right next to Tarcoles and several beaches are 5 to 30 min in distance. Boats crossing the Ocean and whales moving from North to South or viceversa are some of the often seen during the year. Punta Leona, Los Sueños, Jacó and Playa Hermosa are all near. Been right next to the Carara National Park, wonderful trees, in the middle of the rainforest and lots wildlife is frequently seen around all of this property. Los Sueños is only 10 minutes after Nativa, and Nativa is couple minutes after the very well-known Tarcoles bridge. Conveniently located only 1hr and 15 min from the San José airport.

Nativa Ocean View Lot 33 1,881 M2 | $143,750

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Nativa Ocean View Lot 34

Nativa Mountain View Lot 48

1,812 M2| $143,750

2,180 M2 | $155,250

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BAY VILLA

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| La Cruz


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This project is mastered and carefully put together with world-renowned architects and designers who planed to Costa Elena´s homes. Each uniquely exhibits the energy of resort lifestyle with open social spaces that flow together, conspiring to provide enjoyment and entertainment for all. Then, kick back, relax and relish in the silence of nature or enjoy quality time with family and friends, barbecuing and relaxing around the infinity pool. In this planned residential community, eight spacious and superiorly designed villas integrate symbiotically with the natural landscape. They are set against the panoramic setting of the Bolaños Bay Island, Pacific Ocean, Nicaraguan Coastline, Orosi Volcano, and the Guanacaste Conservation Area.

421 M2 | 4 BEDS | 4 BATHS | $1,550,000 2CRRE | Exclusives magazine

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NATIVA CONTEMPORARY ESTATE, NO RESERVE AUCTION | SANTA ANA EVENT

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LARGE OCEAN VIEW PROPERTY | Santa Teresa The house has lots of privacy and the lot measures 9,300 m2, there is an additional space to building a second ocean view home here as well. The house is located in Malpais on the Casa Chamaleon road and is only 5 min to the berates beach, 10 min to Playa Carmen and 15 min to Santa Teresa. There is a good well on the property and as a back up there is also access to a shared well too. There is a small caretakers house on site as well which could potentially be turned into a guest house or rental casita.

26,873 M2 LOT | 3 BEDS | 2 BATHS | $3,200,000 2CRRE | Exclusives magazine


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DOMINICAL, PUNTARENAS 2CRRE | Exclusives magazine

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VISTAS DEL MONASTERIO SUNSET CONDO | Santa Ana

Vistas del Monasterio, perched on a hillside in between Escazu and Santa Ana, is one of the most unique condominiums in the area. Its located was carefully selected by the developers to provide the owners with a unique setting that combined both the convenience and access to the amenities of the surrounding areas, while boasting a unique sense of privacy, exclusivity and tranquility. This condo is being sold by its original owners, who have truly enjoyed the characteristics of this unique condo. As most owners in Vistas del Monasterio have purchased and stayed in the building, it is rare to find the opportunity to become an owner, and this opportunity is available creating the perfect chance for a young couple, executive, empty nester, or someone who needs a place in the city for short visits, to enjoy a memorable lifestyle.

232 M2 | 2 BEDS | 3 BATHS $559,000

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BEAUTY, HISTORY, WILDLIFE, CULTURE & INFRASTRUCTURE! | Manuel Antonio

Manuel Antonio is one of the most iconic destinations in all of Central America, whose unique blend of beauty, history, wildlife, culture, and infrastructure have combined to create an idyllic rainforest community which has been recognized internationally by travelers and real estate investors alike. This coastal community is perhaps most well known for the smallest, but arguably the most beautiful and dynamic of all of the parks in Costa Rica, Manuel Antonio National Park. It’s mix of rainforest and white-sand beaches have been marveling tourists and locals alike for decades.

Manuel Antonio is one of the

P

most user-friendly parks allowing visitors of all ages to experience the most of the native wildlife species in an up-close and personal setting, while still being just a few hundred yards from some of the world’s most beautiful beaches. Our team with more than 50 years of combined experience in the Manuel Antonio real estate area is available to help educate and provide insight on this one of a kind destination and ensure that your Manuel Antonio investment is a successful one.

El Salto Lot 12 7,067.52 M2 | $229,000

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Magical 21 acre estate or boutique development

Off the Grid Farm with Panoramic Ocean Views 30 HECTARES | $294,000

La Reserva Lot 12 757 M2 | $139,000

87,204 M2 | $690.000

Manuel Antonio Development Opportunity 5,167 M2 | $879,000

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TROPICAL MODERN 4 BEDROOM HOME IN HERMOSA | SANTA TERESA Casa Jungla is a brand new pre-sale project which will be finalized and ready to move in in June, 2022. It is located in the much sought after area of Playa Hermosa, Santa Teresa and specifically in the exclusive road known as “Avenida Cielo”.

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Casa Jungla’s has been carefully designed to provide a floating above the ground sensation and a feeling of integration with all of its surroundings. The main home and guest house have beautiful jungle views, since all trees have been preserved and none of the adults trees of the land have been cut down. Avenida Cielo, the road on which this project is located, is an exclusive neighborhood in the highly sought after area of Playa Hermosa, Santa Teresa. It is only 5 minutes from the amazing white sand beach of Playa Hermosa and one of the best beach breaks from the entire area, which is perfect for both beginners and advanced surfers.

265 M2 | 4 BEDS | 4 BATHS $1,100,000

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VERSATILE AND ATTRACTIVE, MULTI-USE PROPERTY | MANUEL ANTONIO This multi-dwelling property has been a favorite of locals for years. Main road frontage and a residential setting allow this property myriad possibilities. With main road frontage, the property has great visibility, easy access and is just minutes from the town of Quepos, the Marina Pez Vela, Manuel Antonio Park, the beaches, restaurants, schools, and other services. The property has only had one owner and has been very well maintained. It is being offered near or at replacement cost and comes turnkey. This is must see for someone looking to establish ownership/residence and work in one of Costa Rica’s premier coastal towns.

236 M2 LOT | 5 BEDS | 5 BATHS | $359,000 2CRRE | Exclusives magazine


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#COSTA RICA | #2CRRE | #PURAVIDA

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VILLA PINUELA VILLA & GUEST HOUSE | Dominical This exquisite villa offers everything a discerning buyer would be seeking: quality construction, desirable location, handsome finishes, beautiful outdoor living spaces and stunning 180 degree coastal views. The views are truly some of the most dynamic and awe inspiring found anyway on the Pacific Coast. The site lines include rock islands, headlands, bays, river mouths, year-round sunset, whitewater coast line - all with a back drop of steep rain forest mountain side. This property is a must see for buyers seeking something special and unique in the market and those who are very view-driven with their search criteria.

2,113 SQ.M. | $839,000

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