2CRRE Magazine | October 2021

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EXCLUSIVES SHOWCASE | OCTOBER 2021


It is time to have...


...the home you deserve!

2COSTARICAREALESTATE.COM


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CONTENTS Letter from the owners . . . . . . . . . . . . . . . 5 Best ocean view pools . . . . . . . . . . . . . . . 6 Exquisite details . . . . . . . . . . . . . . . . . . . . 7 Casa Sea Breeze & 100 acres . . . . . . . . . . . 8 Hermosa Titled Beachfront Land . . . . . . . . 10 Villa Mono Titi . . . . . . . . . . . . . . . . . . . . . 11 Beautiful and Modern 3 Bedroom Home . . 12 Titled Beachfront 6 Bedroom Home In Tango Mar Beach . . . . . . . . . . . . . . . . . 14 Representing The Buyers’ Side with Alvaro Ortiz . . . . . . . . . . . . . . . . . . . 16 Casa Gardenia . . . . . . . . . . . . . . . . . . . . . 18 Las Tumbas Diamante Valley . . . . . . . . . . . 19 Who’s Who in Luxury Real Estate? Conference in Scottsdale . . . . . . . . . . . . . 20 Versatile and attractive, multi-use property . 22 Peaceful Country Home . . . . . . . . . . . . . . 23 El Zarpe Lounge in Coco . . . . . . . . . . . . . . 24 Casa Bisily . . . . . . . . . . . . . . . . . . . . . . . . 26 Villa Tranquila#1 Townhouse Tropical Retreat . . . . . . . . . . . 27 One Faro Escondido . . . . . . . . . . . . . . . . . 28 Easy and Affordable Hacks to Make Your Home More Attractive . . . . . . . . 30 Vivento Mountain View Penthouse . . . . . . . 32 Beautiful Beachfront Home Santa Teresa . . 33 Boutique Riverside Resort near Uvita . . . . . 34 Azul Paraiso Ocean View condo . . . . . . . . . 36 New 2021 Costa Rican Immigration Laws . . 38

Todd & Scott Cutter Owners Marcela Fernández Creative Designer

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LETTER FROM THE OWNERS October is a month full of mystery, traditions, transitions and in some manners stigmas for Costa Rica. As we come out of Independence Month where Costa Rica just celebrated the bicentennial of its independence, we welcome October and all of its green season magic. What is traditionally the month with the most rainfall around Costa Rica is actually one of the most intriguing times to visit. The rain breeds life, the lower tourism figures breed serenity and value and it is a time when Costa Ricans and savvy travelers are able to explore and enjoy all of Costa Rica at a fraction of the price and with the beaches, rivers, waterfalls and amenities nearly to themselves. Halloween closes out the month and what was once an isolated celebration for a few expats, is slowly becoming a celebrated family event in neighborhoods all around Costa Rica. The Markets continue to be robust in their volume in all of our offices, and while the total number of tourists visiting is lower during October, the sales and amount of closings is actually almost nearly the same. So many travelers come to visit on vacations during the winter or summer months and their love affairs with Pura Vida are born during these initial visits. Eager to understand what the “rainy” season is like, many return with more focused investment minds during September and October to see what the mystery is all about and skeptical about what this rainy season will mean for their experience. What they discover, is what most locals keep as our best secret…..The rainy season months are AMAZING. The vibrancy of the jungle, cooler temperatures and lower tourism density highlights all that most visitors are seeking in Costa Rica and most once skeptics coming to vet investments during what is supposed to be the “bad” time of year leave more enamored and committed. While inventory is low, pricing here as not spiked as it has in many other destination markets so the savvy buyers are moving on the opportunities up and down the coast before greater scarcity inventory starts to drive pricing northward in the coming season. Its not too late, flights are cheap, hotels and villas have space.. come and experience October for yourself.

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CASA BELLA MIA EN LADERA DEL MAR

BEST OCEAN VIEW POOLS

CASA SEA BREEZE & 100 ACRES

ONE FARO ESCONDIDO

TWO INCREDIBLE OCEAN VIEW HOMES WALKING TO BEACH 2CRRE | Exclusives magazine

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EXQUISITE DETAILS

AZUL PARAISO OCEAN VIEW

VALLE DEL SOL UNPARALLELED MODERN HOME

VIVENTO MOUNTAIN VIEW PENTHOUSE

CARABAO LUXURY VILLA

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CASA SEA BREEZE & 100 ACRES On very rare occasions will you find a property that has it all: privacy, stunning views, wildlife, excellent location, turnkey vacation rental program, high quality construction, handsome design, impeccable maintenance, manicured grounds - the total package. 2CRRE | Exclusives magazine

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The Casa Sea Breeze is located 15 minutes from Dominical Beach in the mountainside area of Lagunas. The property is adjacent to a 100 acre private reserve (now included in the package with the estate) and that reserve is adjacent to an 800 acre private reserve called “Baru,” providing nearly 1000 acres of protected, pristine rain forest and all the bio-diversity, wildlife, beauty and exploring that comes along with it. Lighted walking paths meander to the main house, pool, and pool-side villa. On the southern side of the property is a two-stall garage below with a guest house above, all done in sturdy concrete masonry construction. Perhaps the most attractive feature of the property is that the Reserva Lagunas is bordered by two other reserves, the Guapil Reserve which measures another approx 100 acres and the Baru Wildlife Reserve (an icon conservation parcel) which measures over 800 acres and continues all the way the Guapil Beach. Together, this represents around 1,000 acres of pristine rain forest, pure water sources, abundant wildlife, privileged privacy and long term integrity of the land.

4,100 M2 | 5 BEDS | 7 BATHS | $1,995,000

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HERMOSA TITLED BEACHFRONT LAND Welcome to the best Titled Beachfront Land deal in Costa Rica. This stunning oceanfront property measures 19,162m2 (4.74 Acres = 206,258 square feet) and is now being offered at a phenomenal price of $206m2 or $19.15 a square foot! The property boast 410 feet of direct beachfront land. Only 5% of Costa Rica’s true beachfront property is considered Titled Land which makes this opportunity a rare find offered at an amazing value. The property is conveniently located in the heart of Playa Hermosa directly in front of the most consistent surf break in Costa Rica. The flat topography of the land makes it ideal for a community of beachfront homes or a large family estate. There is no other coastal community in the country that offers the mix of cultures and diversified list of amenities found in Jaco. Jaco is also home to the most iconic golf and marina resort of the area, named Los Suenos Resort and Marina. Playa Hermosa and Jaco Beach have long been popular beach destinations for Costa Ricans and international tourists alike. If you are in the market for Titled Beachfront Land do not miss this once-in-a-lifetime opportunity.

19,162 M2 | $3,950,000 2CRRE | Exclusives magazine

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VILLA MONO TITI

Villa Mono Titi is the BEST DEAL for an ocean view home in the exclusive Pacific Canyon Drive community of Manuel Antonio. This 4 bedroom, 4 bathroom home has been fully renovated and is a turn key rental luxury vacation rental or personal home at an amazing price. There is a lot that distinguishes this property but let’s start with the location, Pacific Canyon Drive, is a small community of the areas most luxurious and successful ocean view rental homes, located in the heart of Manuel Antonio. The villa is an incredibly well built and solid concrete structure, with easy room to expand the total room count and construction in the future if you wish. They say you make money when you buy real estate, not when you sell it. This VALUE and opportunity is as good as it gets, in one of the top neighborhoods and rental destinations in all of Costa Rica, with a turn key ready business and room to grow, expand and add even more equity and value. It won’t last long!

275 SQ.M. | 4 BEDS | 4 BATHS | $649,000 2CRRE | Exclusives magazine

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BEAUTIFUL AND MODERN 3 BEDROOM HOME

Just outside of quepos minutes from the Marina Pez Vela nestled into a small quiet neighborhood called Paquita. This three bedroom two bath has been built with a lot of detail and attention with top quality building materials. Its sits comfortably on a 4700 square foot lot with a 2000 square foot living space. In the back there is a modernly designed splash pool with a fountain feature perfect for cooling down on a summer day. This is the perfect property for a family who runs a fishing charter business because of its proximity to the Marina Pez Vela and the private school Los Delfines or a family that wants to be close to everything but just away enough to have a neighborhood community environment..

198 SQ.M. | 3 BEDS | 2 BATHS | $299,000

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COSTA RICA IS MORE THAN A VACATION DESTINATION; IT IS AN INTERACTIVE SENSORY EXPERIENCE

MANUEL ANTONIO, PUNTARENAS 2CRRE | Exclusives magazine

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TITLED BEACHFRONT 6 BEDROOM HOME IN TANGO MAR BEACH This is truly a dream house. A 6 bedroom, 4.5 bathroom ocean escape. This luxurious house on a very quiet and private beach on the Nicoya Peninsula, known as the Tango Mar Beach! 2CRRE | Exclusives magazine

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Tango Mar is a neighboring boutique resort and aside from the hotel, there are only a handful of homes on this gorgeous beach. If you truly love the ocean, the beach and nature, you will find this may be the perfect home for you. This is an unusual investment opportunity as it is on titled land, not concession land. That means, you actually own the whole beachfront property. A very small percentage of the oceanfront property in Costa Rica is privately owned, making this a very desired investment opportunity. Another great perk is having Tango Mar Resort practically next door. It is easy to take a 5 min walk up the beach and enjoy breakfast, lunch or dinner there. Or enjoy some of the other amenities the hotel offers. This gorgeous home is located about 10 min from the Tambor airstip, 20 min from Cobano, 40 min from Paquera and Santa Teresa. It is a great location for someone who wants peace and quiet,.

350 SQ.M. | 6 BEDS | 5 BATHS | $1,750,000

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REPRESENTING THE BUYERS’ SIDE WITH ALVARO ORTIZ Real Estate Agents Add Immeasurable Value to buyers’ Transactions One of the first things that people should do when they want to buy a property is looking for their preferred real estate agent. Well, at least that’s how we expect it to be. But the reality is that, while sellers are more prone to look for professional help, that is not always the case when it comes to buyers purchasing real estate in Costa Rica. In fact, many who are looking to purchase a new home prefer to take matters into their hands; a decision mostly driven by misconceptions. This is without a doubt one of the most common challenges that our agents face in their day-to-day endeavors. The 2Costa Rica Real Estate team interviewed Alvaro Ortiz, a real estate agent specializing in Escazú to obtain some insight into this trend and its possible consequences. One of the most common misconceptions that have lead clients to stray away from getting proper representation is the wrongful belief that they will have to incur in additional costs. “Some buyers that lack experience in real estate transactions still believe that they have to pay commissions, I am sure that this unfortunate misconception has made buyers go straight to sellers. Buyers that negotiate directly do not have enough market condition expertise to get the best value possible” Alvaro warns. Considering that buyers oftentimes do not have access to the tools that real estate agents and brokers have, purchasing without proper representation can make things difficult when it comes to negotiating a price or choosing the right property. At the end of the day, the structuring of a negotiation process without a real estate advisor will complicate matters; and the possible negative consequences can reach further.

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“The lack of representation in a purchase process might end up causing buyers to pay

“Professional real estate agents focus on

more than market conditions, not finding

providing transparency, integrity, confidence,

enough comparables for buyers to choose

and everyday availability in order to put the

from, and also buyers may end up interested

client’s interests before anything else; even

in properties that are noted or have liabilities

before our financial success.”

that require registry studies and so forth.” These policies lie at the heart of 2Costa Rica Real A large percentage of the time, the buying

Estate’s success and permeate our relationships

process starts by getting online and looking for

with colleagues, attorneys, and everybody else

properties. This process is very likely to become

related to our business. For Alvaro, buyers should

emotional and exciting, which is why Alvaro

expect a long list of responsibilities from their

warns that although it might be natural, it just

agent, including honest feedback and integrity.

isn’t the best way to start a transaction of such importance as the purchase of a property.

“Our company is characterized by providing full disclosure of the processes we follow with buyers. Real estate agents at 2Costa Rica Real estate are trained to disclose all kinds of issues regarding the process, regardless if it’s positive or negative.” Buyers or sellers appreciate transparency; even when it means hearing things they do not want to hear. At the end of the day, Alvaro elaborates and says that this honesty with our customers creates a ripple effect, and many of them end up reaching out to us from referrals from family, friends, business partners, or acquaintances that have had good experiences with us.

“The ideal initial step that a buyer needs to do is to look for a professional real

“Creating these positive experiences is what

estate advisor who will look for properties

our company is all about. That speaks a lot of

understanding the purchase criteria of the

how we work at 2Costa Rica Real Estate!”

buyer.” The value that real estate professionals add According to Alvaro, the basic steps that need

to buyers’ transactions is undeniable. Financial

to be followed include identifying the properties,

gains, negotiation skills, and transparency are

structuring an offer, due diligence support,

among the top reasons why getting proper

and guidance through the closing stages. Real

representation is fundamental. For us, buyers

estate professionals will not only guide the buyer

and sellers are equally important and require the

from start to finish, but they also will provide

same attention based on integrity, transparency,

support even after the closing happens. Alvaro

and honesty. So next time you want to purchase

also highlights that a committed real estate

real estate, be sure to be properly represented by

professional will go the extra mile for their clients,

a professional real estate agent.

beyond just guidance and market insight. 2CRRE | Exclusives magazine

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CASA GARDENIA

A Boutique Jungle Home In The Hills Above Playa Dominical This 3 bedroom and 2 bathroom home is newly remodeled in 2019 and has a mid-century modern vibe. Casa Gardenia is close to coastal activities such as surfing in Playa Dominical (15 min drive), Uvita, exploring the Marino Ballena National Park, Nauyaca Waterfalls, and Hacienda Baru Wildlife Refuge. We’ve had a lone Mono Titi as a yearly visitor for 3 years now. The neighboring property is a 30 acre organic farm producing a number of different vegetables. The farm also raises sheep, goats, chickens, ducks and rabbits. All of which are available for purchase direct from the farm. The owner is very accommodating with neighbours enjoying the farm. The house is conveniently located just off the main road, making access easy (no 4x4 needed). You may also hear vehicles pass by on the road that winds down to the beach, depending on the time and day of the week.

221 SQ.M. | 3 BEDS | 2 BATHS | $299,000 2CRRE | Exclusives magazine

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LAS TUMBAS DIAMANTE VALLEY This is truly one of the most special properties in the Diamante Valley. This beautiful 8-acre homestead has everything you need for the Costa Rican jungle life experience. Flowing rivers, mature fruit trees, clean water, and the potential for off-grid living. Bordered by a multi-thousand acres reserve so you are guaranteed privacy. The property has 90 meters of Diamante River frontage and has views of the Diamante Waterfall from some areas of the property. The property has 90 meters of Diamante River frontage and has views of the Diamante Waterfall from some areas of the property. The property is planted with an amazing food and medicine forest listed below. Give us a call. Would love to show you this amazing property.

252 SQ.M. | 4 BEDS | 4 BATHS | $699,000 2CRRE | Exclusives magazine

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WHO’S WHO IN LUXURY REAL ESTATE? CONFERENCE IN SCOTTSDALE So grateful to be there to learn, share and network with the best in the industry. The Arizona Biltmore was the site of the much anticipated, 2020 Fall Conference for The Who’s Who in Luxury Real Estate. After nearly 2 years since our last meeting in Cabo San Lucas, the event, ranked as the top event for luxury real estate agents and brokers in the world, brought approximately 120 top agents and brokers together to discuss the current trends in the market and share best practices. Company broker/owners Todd and Scott Cutter as well as Papagayo broker Dina Tochluk and Santa Teresa broker Jennifer Harter participated in the event and take their experience to their clients, both buyers and sellers to elevate themselves, their service and overall experience. The action packed calendar highlighted panel discussions on the benefits of a luxury auction, featuring Mario Vargas and Katie Lawless of Concierge Auctions, as well as company owner Todd Cutter, and Russ Lyon’s (Arizona) Frank Aazami.

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Featured highlighted

speaker social

Chelsea

media

trends

Peitz, and

insights on how to lead in this dynamic and powerful promotional space, while Larry and Aimee Rideout from Boston discussed the migration from the city to the suburbs. Jen and Dina both highlighted the renewed energy and insights that they brought from experience shared with top agents from Austin, Park City, Atlanta, Seattle, San Francisco and more. The learning experience was enhanced with a property tour of the infamous Wrigley Mansion, as well as an intimate look at one of the area’s most exclusive listings, priced at $18,000,000. Scott and Todd also capped off the week with their long time participation in the Executive Committee with the organization’s leadership and hand selected members from Aspen, Tulsa, and the Rocky Mountains. Once again, the 2Costa Rica Real Estate returns to our market blessed with insight, knowledge and inspiration from The Who’s Who in Luxury Real Estate.

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VERSATILE AND ATTRACTIVE, MULTI-USE PROPERTY This multi-dwelling property has been a favorite of locals for years. Main road frontage and a residential setting allow this property myriad possibilities. The main residence is two levels and features an open social area, half bath, breeze way/garden and has three bedrooms and two and half baths on the second level. The original owner currently uses the extended area for his chiropractic practice which also features a full bathroom, and the space is easily convertible into a separate apartment (independent entrance, own electric meter, etc). 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.

275 SQ.M. LOT | 5 BEDS | 5 BATHS | $359,000

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PEACEFUL COUNTRY HOME

This property is located in the foothills of an area called Cerros which is a 20 minute scenic drive through the African Palm fields and through a couple of typical Costa Rican palma farming neighborhoods. Once you enter the property through the gate you get that instant peaceful country feel like you have just arrived to Paradise. The driveway opens up to a very beautifully manicured garden on either side. Away from the touristy hustle but close enough to get whatever you need. There is a delicious restaurant next door and two small grocery stores just 2 minutes away. The Cerros area is renowned for one of the most amazing waterfalls around which is just a few minutes drive away. This property has good building potential for several small homes for a small rural hotel. In the back of the property there is a natural year round virgin spring at the foot of a small hill. At the top of this hill there is a nice space with building potential for an amazing house with breathtaking views.

168 SQ.M. | 4 BEDS | 3 BATHS | $389,000 2CRRE | Exclusives magazine

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EL ZARPE LOUNGE IN COCO Located in Pueblito sur right in the middle of all the neighborhood action, there is the one and only El Zarpe. 2CRRE | Exclusives magazine

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Located in Pueblito sur right in the middle of all the neighborhood action, there is the one and only El Zarpe. The local and neighborhood bar with the best reputation for the best cocktails in town, constantly reinventing and keeping up with the flashiest drinks in any part of the world. El Zarpe has a trendy new feel with vibrant decor, and it calls in locals and tourists alike to come and enjoy the latest drinks or a cold beer. Only a block away from the beach and at the entrance of the largely residential neighborhood of Las Palmas, makes for the perfect recipe to keep clients strolling thru whether it’s coming or going. El Zarpe means the last drink - Having the last drink can be a challenge when you are surrounded by the quaintness of the courtyard it shares with half a dozen other businesses. All of this makes for a perfect setting for success in a fantastic way. El Zarpe is one of those locations that works during the day and long into the night. This is an incredible deal and a turnkey opportunity..

BUSINESS OPPORTUNITY | $198,000

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CASA BISILY Casa Bisily is the premiere ocean-view mansion in Playa Hermosa & arguably the most impressive single-family home in the Jaco Beach area. 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. The main house is the crown jewel of Playa Hermosa and includes six bedrooms, a large second-floor dining area, and a third-floor nightclub fit for a king. 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. If you’re in the market for an income producing property or a large family estate home, Casa Bisily checks all the boxes and is a must-see luxurious property.

1,000 SQ.M. | 12 BEDS | 14 BATHS | $2,400,000 2CRRE | Exclusives magazine

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VILLA TRANQUILA#1

TOWNHOUSE TROPICAL RETREAT

Just a few minutes away from the Quepos and Manuel Antonio area this private gated community is nestled back into a tropical setting. On the bottom floor as you walk in you encounter the open kitchen and living room. This unit is completely recently renovated with all of the top of the line appliances and kitchen cabinature. One of the most important features that this property has is the common area. Designed for BBQ and family and friendly events it has a large “Rancho” which gives a very needed shady and cool area alongside the refreshing and inviting swimming pool. This property has 24/7 security service as well as gardening and maintenance. It is close to all of the important shops and restaurants and commercial activity. Being so close but just enough away it makes this property perfect for a family or couple who runs a business in the area. Also close by is the private school Los Delfines so everything is just a few minutes drive away.

149 SQ.M. | 2 BEDS | 2 BATHS $149,000 2CRRE | Exclusives magazine

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ONE FARO ESCONDIDO 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. 2CRRE | Exclusives magazine

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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. Situated just past the tennis courts in Faro Cinco, this home was built sparing no expense, and the location was carefully chosen within the resort to provide the owners and guests with the utmost privacy and exclusivity, as it is behind the tennis facility, and adjacent to a lush rainforest reserve providing not only a setting with just one neighbor, but an impressive backdrop of nature and fresh air. One walk around the property will reveal the priceless memories that One Faro Escondido will leave as a legacy to the new owners..

1,400 SQ.M. | 10 BEDS | 11 BATHS | $3,195,000

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EASY AND AFFORDABLE HACKS TO MAKE YOUR HOME MORE ATTRACTIVE By Jen Harter

Whether you’re selling your house or just purchased a home, here are some tricks that interior designers love to recommend to make a home look more valuable and attractive. These are all easy to do, plus they are cost effective and make a big difference! These tricks and tips will make your spaces look more lavish and refreshed!

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Update old handles and knobs on furniture and the hardware on doors for an instant upgrade. Another way to give an old piece of furniture some new life is by painting it to become an accent piece in a room. Fresh paint and new knobs can make a huge difference. This is a great DIY project. Go big or bold with art on the walls... but don’t over do it. Less is more. If you do want to create a gallery wall, make sure it is well balanced and contrasted before you hang the pieces. Try to create symmetry when appropriate for a more balanced and polished esthetic. Neutral tones are always a great option for creating an

elegant,

homey

and

relaxed

atmosphere.

Remember colors create moods and can feel

Use mirrors to decorate, they will bring in more light and make spaces feel more expansive. This is an easy way to make the room feel brighter and refreshed. You can use tall standing mirrors, place a mirror on a dresser or above a console table.

intense if not chosen appropriately. This is especially important if your home is for sale, you want the house to feel clean and cozy and neutral colors feel good to most people.

Change out lighting in ceilings by adding a statement fixture will set a focal point and tone of elegance. You can also add table or standing lamps or sconces on walls for extra layers of warmth and ambience. Fresh paint is an inexpensive way to make a huge difference in any home. When walls look fresh and polished, the house feels newly renovated and crisp. Hang your curtains high. By placing your drapes a few inches above your window frames, you create the sense of more spaciousness. Declutter and remove any random knick knacks that are laying around. Baskets, decorative boxes, and trays are a great way to hide away things like keys, TV remotes, toys and shoes. Add indoor plants to your space, either in large pots on the floors, smallet pots on accent tables, or of course they can be displayed in vases. Vases don’t have to have flowers in them, just some greenery, twigs or grass is fine too. Add rugs to create a more cozy, finished look. They also make the room more appealing or visually interesting by including more texture.

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VIVENTO MOUNTAIN VIEW PENTHOUSE

Location. Luxury. Views. Sure, a cliche when looking at real estate, however, Vivento justifies the cliche as its incomparable location provides the fortunate 16 families that call Vivento home, with the perfect combination of the most sought after characteristics in a home. The developers, H10 Desarrolladores, carefully selected the strategic location to offer convenient access to the Costa Rica Country Club, as well as all of the area’s finest restaurants, shops, and amenities. Upon walking into the residence, you will find a large, formal living room to your left, with a walkout balcony overlooking the stunning backdrop of the mountains of Escazu. Each bedroom has a unique mezzanine/loft great either for storage, or a place for home study. The space is extremely versatile and large enough to acommodate a comfortable home gym, jacuzzi, custom entertainment space, or whatever your imagination can dream of. Inquire now for this one of a kind opportunity, at a price that cannot be ignored.

388 SQ.M. | 3 BEDS | 4 BATHS $799,000 2CRRE | Exclusives magazine

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BEAUTIFUL BEACHFRONT HOME SANTA TERESA This large beachfront home is an amazing home in Santa Teresa. It is a very peaceful and tranquil beachfront home that is surrounded by lush trees and beautiful gardens. It is just steps from the beach and surf yet it is also only minutes from all the restaurants and shops in the center of Santa Teresa. This beautiful home is absolute beachfront with ocean views from all rooms. It is a concession property with concession granted until 2029. This concession is zoned as a Zona Residencial Recreativa (ZRR) and is for residential use. This beachfront home is absolutely wonderful and the location is amazing! It is a must-see for anyone wanting to own a home on the beach in Santa Teresa. Contact me for more information about this home or to schedule a private viewing.

1,195 SQ.M. | 5 BEDS | 5 BATHS | $2,700,000 2CRRE | Exclusives magazine

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BOUTIQUE RIVERSIDE RESORT NEAR UVITA This is a fantastic business opportunity in the beautiful and growing area of Uvita that will provide a peaceful and relaxing lifestyle as well. 2CRRE | Exclusives magazine

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This riverside boutique hotel with owners’ home is running well as an income producer near Uvita. Uvita is a popular tourist area for those visiting Costa Rica and is a place that still maintains its laid back nature. The riverside property provides a calm immersion in nature, and has easy access to all of the town’s grocery stores, pharmacies, medical offices, souvenir shops, restaurants, and beaches, just a few minutes away. The land offered here has space for more cabinas to be built and for the already thriving business to be expanded upon. New owners can let their imagination run with ideas as there is space for yoga decks, a restaurant, more villas, a grand dream home, event space, and could even be a great venue for weddings! Guests will absolutely love the pool and entertainment rancho with a circular jacuzzi area. This is a favorite spot for lounging and soaking up sun alongside the cool flowing river. Attention cryptocurrency investors: Seller is open to payment in Bitcoin.

653 SQ.M. | 7 BEDS | 7 BATHS | $1,485,000

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AZUL PARAISO OCEAN VIEW CONDO The renowned Arq Garnier designed Azul Paraiso, making this one of Ocotals jewels, and sits at one of the highest points with breathtaking views of the Papagayo Gulf and beyond. This unit is newly furnished (2021) and went thru a complete interior design make-over. The condominium is a large Two-bedroom and two full baths, all overlooking out into the blue ocean. As you walk to the stunning oversized wooden front door, you are immediately taken by the view of the pool, which is laid out perfectly with its tiki hut for shade and a beautiful deck overlooking the Peninsula Gulf Each building has its shared pool, allowing the pools never to be overcrowded and lots of quiet time or family time. Azul Paraiso also has a helipad and 24-hour security as well as professional landscaping..

164 SQ.M LOT | 2 BEDS | 2 BATHS | $310,000 2CRRE | Exclusives magazine

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IS COSTA RICA THE BLACK HOLE OF HAPPINESS? T h a t ’s wh at m o re t ha n on e ex pa t ha s sa i d a f ter s to p p i n g h ere o n va ca ti on a n d n ever l eavi n g.

NICOYA, PUNTARENAS 2CRRE | Exclusives magazine

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NEW 2021 COSTA RICAN IMMIGRATION LAWS

By Vitaly Balasanov

Costa Rican immigration laws are changing – mostly to the benefit of those seeking residency. The new laws are being designed to attract investors, renters, and retirees. According to Jorge Gonzalez Roesch, partner at INVICTA LEGAL COSTA RICA, the recently

3. Tax-free import of 2 vehicles (land, maritime, and air transport) for personal or family use.

approved “Law for attraction of investors, renters

4. Local income tax for the amounts declared to

and retirees”, aims to grant additional benefits

obtain the migratory status does not apply.

to the new residency applicants in these

Further income resulting from the investment

categories. The benefits will apply for those who apply for residency in the first 5 years of the validity of the law and will last for 10 years after they get approved. The benefits are as follow: 1. One time only tax exemption from import of household goods. 2. These include new and used household goods in reasonable quantity such as appliances, furniture,

within the national territory will have to pay income tax. 5. 20% transfer tax reduction of the property acquired during the period of said law. 6. Tax exemption for equipment or materials for professional or scientific use. 7. The beneficiaries of the immigration status of investors, residents, and retirees will not be considered automatically as tax residents.

decorative items, among others.

2CRRE | Exclusives magazine

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In addition, in the Investor category application, there was a permanent reduction of the investment sum from USD$200,000.00

to

USD$150,000.00.

This investment can be executed by acquiring and

assets,

projects

of

shares,

securities,

national

interests.

Moreover, they will also be considered within this category those investors in venture capital or sustainable tourism infrastructure. Should you have any further inquiries please do not hesitate to contact Jorge Gonzalez Roesch or one of the other partners at INVICTA LEGAL COSTA RICA at your convenience, and do not forget to check on the investment opportunities at www.vitalybalasanov.com.

2CRRE | Exclusives magazine

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New 2021 Costa Rican Immigration Laws

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