HOWLER
CR BIZ C osta Ri ca Real Estate , Busine ss and Inve stme nt MAga z ine
COSTA RICA Global Business Position
DINING GUIDE Page 23
Free copy July / August 2019
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Business Confidence Business Consulting • Social Media Management • Administrative Tasks
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HOWLER
CO N T E N T S
COSTA RICA GLOBAL POSITION Cover Story
CR BIZ
6 - Cover Story: Costa Rica's Global Business Position 8 - CR Biz 101: The Business of Seasons 10 - LegalEase: Corporation Basics - Benefits and Obligations 12 - Entrepreneur: Time Management = Wellness Management 14 - Doing Business Right - Eliminating Single-Use Plastic 16 - Investment Chat: Business Changes in Costa Rica 17 - Property Spotlight: Casa Serena in Reserva Conchal
DINING GUIDE HOWLER
6 COSTA RICA BUSINESS SEASONS CR Biz 101
at Three Restaurants rva Conchal W Costa Rica – Rese ic Open to the Publ
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INE | 21 HM HOWLER MAGAZ
21 Dining Guide
22 - Feature: W Costa Rica - Meet the Chefs
Restaurants
8 W COSTA RICA Meet the Chefs Dining Guide Feature
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22 - Reserva Conchal - Cocina de Mercado 23 - Reserva Conchal - Latitud 10° Norte 23- Reserva Conchal - Zona Azul 24 - Huacas - New York Pizzeria 24 - Huacas - Soda Guaymy 24 - Huacas - La Playita Restaurante 25 - Matapalo - Salon Victoria 25 - Playa Grande - Pots & Bowls 25 - Playa Grande - Rip Jack Inn 25 - Playa Grande - El Oasis Chill Out and Lodge 26 - Tamarindo / Langosta - El Barco Del Capitán 26 - Villarreal - Black Stallion 26 - Flamingo - Restaurante Pleamar 27 - Flamingo - Margaritaville: 5 o’Clock Somewhere Bar & Griill 27 - Flamingo - Margaritaville: Banana Wind Cafe 27 - Flamingo - Margaritaville: Capriccios Pizza Bistro & Cafe 28 - Surfside / Potrero - Nasu Restaurant 28 - Surfside / Potrero - The Beach House 29 - Las Catalinas - Sentido Norte
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Elevate Your Expectations
Splendor Del Pacifico, Luxury Residences Flamingo Beach, Costa Rica Perched high on a peninsula, stretching into the ocean, 360 Splendor del Pacifico is the ultimate destination for those seeking expansive coastal views, warm tropical breezes and a no-hassle getaway. Enjoy panoramic views from our rooftop terrace, ocean views from every residence and vibrant sunsets from our alluring saltwater infinity pool. Paradise awaits!
For real estate sales or rental inquiries: info@360flamingo.com Costa Rica: +506 8802 4848 US Toll Free: +1 (877) 405-4996 Contact us to learn more about financing options!
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COVER STORY
Costa Rica's Global Business Position by Mary Demeter
Companies such as IBM have aggressively expanded in Costa Rica to take advantage of the sustainable energy drive. 6
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W
hether you’re starting your first business or launching a new outpost for a global brand, Costa Rica provides many compelling benefits. So what makes this country so different? Primarily, it’s the ease with which foreigners may start a business while still protecting the rights of the local workforce. This includes welcoming Free Trade Zones which encourage foreign business investment by the likes of Amazon, IBM and Intel. Over the next several Howler issues, we will discuss the steps and processes that successful businesses — global and entrepreneurial — have followed to take advantage of one of the world’s leading destinations.
Recognized by the world
At the intersection of sustainability and job growth lies over 300 multinational brands taking full advantage of Costa Rica’s top 5 global ranking for new jobs creation. According to the World Bank, Costa Rica has the lowest poverty rate within Latin America and the Carribbean. In large part, this is attributed to its highly respected education system. In fact, there are 62 major universities here and more than 200 technical high schools (similar to STEM schools in the U.S. and Europe). Adding to this attractiveness of the local population, the progressive government is pursuing an initiative to create a
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World Economic Forum Global Human Index Score for Costa Rica 2017
fully bilingual workforce. The people of Costa Rica provide the foundation to tech giants, industry leaders and progressive companies. As more and more small and large brands alike are embracing eco-friendly production initiatives, Costa Rica is leading the pack in sustainability for companies based here. In fact, in 2018 the country was powered by clean energy alone for 300 days straight. Currently, 99 percent of its energy supply comes from renewable sources. Companies such as IBM have aggressively expanded in Costa Rica to take advantage of the sustainable energy drive. As recently as February, IBM announced to the World Trade Organization its intention to invest $21 million into expanding its Global Security Services Operations Center. This division, operating in Costa Rica’s America Free Trade Zone, monitors security events for clients stretching into some 130 countries. IBM is just one of the high-tech businesses committed to using sustainable resources that has found a home in this bio-diverse country.
Impressive Suppor t
One of the keys for companies bringing their investment dollars to the land of pura vida is the availability of support. The Costa Rican Investment Promotion Agency (CINDE) is a private, non-profit, non-political organization. Declared of public interest in 1984, it is responsible for the attraction of Foreign Direct Investment (FDI) into Costa Rica. Better yet, all of the agency’s services are free of charge. Companies such as Procter & Gamble, Neustar, Inc., Equifax, POSSIBLE, and Akamai have worked with CINDE to source talent from local universities and CINDE-
sponsored job fairs. These global powerhouses recognize the need for boots-on-theground intel and specialization in the CR hub of industry explosion. In 2017, CINDE was awarded Best High-Tech Investment Promotion Agency in Latin America by the World Economic Forum. According to Jorge Sequeira, Managing Director at CINDE, “Our country is considered as one of the top investment destinations in the world due to its value proposition. We talk about a proven track record, qualified workforce, strategic location, excellent business climate, robust utilities infrastructure and quality of life. The Costa Rican human talent is the key factor that allows the country to be attractive for all those companies looking for new markets in order to expand their operations. Human talent will continue being the main thrust force in order to install more investment projects.” With recognized organizations like CINDE providing a link from big business to the local communities, it’s easy to see why Costa Rica ranks 29th in the world ( just behind Spain and the U.S. according to the World Economic Forum) in Human Capital.
Destination Costa Rica
While it’s easy to see why major hotel chains such as Marriott, Westin, the W Hotel and others have found a welcoming home in this tropical paradise, it is exciting to see companies outside the tourism sector discovering the financial benefits as well. Perhaps the most compelling part of this surge is the continued increase in job opportunities for Costa Ricans. Destination Costa Rica is good for business and people.
Graphic courtesy of WEF (World Economic Forum) 2017 Annual Report
HM HOWLER MAGAZINE | 7
CR BIZ
The Business of Seasons
CR BIZ 101
by Mary Demeter
High season also coincides with an expat exodus out of the country
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C
osta Rica is perfect for both large and small businesses. Entrepreneurs from all over the world come to the mountains and the seas here with dreams of living pura vida. Whether it’s the bustling renaissance port of Limón, the Greater Metropolitan Area of San José, cultural hubs like La Fortuna and Arenal or the numerous coastal towns teeming with tourists and expats, they all need goods and services. Joining powerhouses in the league of Amazon and Walmart, who have operational outposts in the country, are thousands of small business owners. One of the first considerations for anyone launching a small business in Costa Rica should be seasonality. Yet, it may be easily overlooked in writing a business plan if the owner has not lived here for very long. Too often, entrepreneurs leap into their exciting new business without realizing the impact that an ever-shifting population can have. In these wise words of author J.R.R. Tolkien, “It does not do to leave a live dragon out of your calculations, if you live near him.” While Costa Rica may not have live dragons — unless you count giant iguanas — all areas of the country do experience extreme business seasonality. This is a “live dragon” that should always be factored into anyone’s
small business plan. One of the first drastic adjustments that newcomers don’t always see coming is the vast seasonal deviation from what seemed universally normal in their country of origin. The market demographics of Costa Rica are tied to tourism, weather and expat transiency. Time after time, business owners recall being caught off guard by what is known as the “season within the season.”
Unhiding the dragon
However unfamiliar the concept is at first, it can take time for the “high” season and “low” season that people commonly talk about to make sense. This refers to the tourism peaks and valleys based on a combination of weather and travel patterns. High season typically runs from November through April. Local businesses see an influx of tourist traffic due to the Christmas holidays, New Year’s and Easter/ spring break vacations. This is also when the weather is sunny and hot at the beaches — namely, the perfect time for travellers fleeing chillier northern climes to enjoy a Costa Rican getaway. What newcomers may not account for when planning around high season business trends, however, is the reverse outflux. High season also coincides with an expat exodus out of the country. howlermag.com
Similar to global vacation patterns elsewhere in the world, many expats make travel plans to leave paradise during the holidays and school breaks. In effect, one population changes out for the other. Low season, conversely, lasts from May through October. This is otherwise known as green season or rainy season. Depending on what area of the country you’re in, the rainfall can be substantial. Generally, it’s the coolest and most lush time to travel in Costa Rica. However, with many tourists scared off by the threat of rain, businesses typically see a significant drop in revenue. These are the months when it is critical for business owners to build income plans that compensate for the loss of tourist traffic. While there is a relatively small surge of tourists during the June through August period, it usually falls far short of
what new business owners anticipate. That is why so many experienced business owners typically close for a portion of low season.
Critical first two years
Failing to understand and properly plan for our live dragon — aka seasonality — can cripple a new business in the first two years. It’s not enough to plan for Costa Rica’s high and low tourist seasons alone; you must also have a very clear understanding of how the expat community ebbs and flows in each specific area … the season within the season. Take the time to talk with business owners who have been open for more than two years. They can provide the kind of insight that a business plan cannot. Get to know the population shifts before opening for business to ensure the highest rate of success.
HM HOWLER MAGAZINE | 9
CR BIZ
Corporation Basics: Benefits and Obligations
Don't Fall Behind
LEGALEASE
D
by Ivan Granados
o you own property or a business in Costa Rica? If so, is it registered to you personally or your corporation? Why does it matter? Like all countries, Costa Rica has its own legal requirements and restrictions for owning a business and property in the country. The following are general considerations. Most foreigners purchasing investment real estate or opening a business in Costa Rica form a corporation to act as a holding entity for the property or company. Corporate ownership, most often structured as a Sociedad de Responsibilidad Limitada (SRL) or Sociedad Anónima (SA), has three main advantages. 1. Liability If a property or business is registered in the owner’s personal name (also known as shareholder), and a lawsuit is filed against that person, the property could be seized or a lien placed on it. Corporate ownership, however, offers a layer of liability protection. In the event of legal action, the company assets remain separate from the personal assets. This offers a layer of protection for liability matters.
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2. Flexibility A corporation can provide flexibility and peace of mind for property or business owners while away from Costa Rica. They can grant Power of Attorney (POA) to take care of issues on their behalf. Some common examples: • applying for utilities • representing a condo owner at annual homeowner association meetings • filing and/or paying any expenses or taxes • complying with future legal requirements from overseas
3. Estate Planning Corporate ownership of a property or business makes the process easier, with more options, for estate planning and probate. Did you miss a deadline? Corporate ownership of a property or business in Costa Rica carries some important tax obligations. Depending on whether your corporation is active or inactive (in terms of generating income), value-added tax (VAT) — which is replacing sales tax — may be payable monthly, in addition to annual income tax and/or corporate tax. As a friendly reminder, January 31 is the deadline each year for corporate tax (reference Law 9428). Yes, that deadline has passed for 2019! Especially if you don’t live here fulltime or visit regularly, it may be easy to overlook or put off paying your Costa Rica taxes on time. We urge you not to let that happen, as the outcome can be regrettable. Get current before it’s too late If for some reason, you missed the January 31, 2019 corporate tax deadline, you are advised to pay right away to avoid interest and penalties. The National Registry will not issue, certify or register any documents for any company with unpaid corporate taxes. Nor will the company be able to hold a contract with any government or public institution. Major consequences may apply when THREE OR MORE consecutive corporate tax payments are missed. In fact, the Costa Rica tax office (think IRS if you are from the U.S.) will proceed with the dissolution of your corporation. Then, you cannot do anything on behalf of your corporation and must undertake the liquidation process. Always seek legal advice from an attorney you trust.
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WE ARE AS NEAR
TO HEAVEN
BY SEA AS BY LAND
For information (506) 8918-3592 / mark@solrealtycr.com www.solrealtycr.com / By appointment only: Mark Price
SOL REALTY INVESTMENT CONSULTING
*Fee simple beachfront titled ‘Estate For Sale’ Inquire Within
HM HOWLER MAGAZINE | 11
CR BIZ
ENTREPRENEUR COSTA RICA
Time Management = Wellness Management
by Joanna Blanco
Start with an easier goal or the one that motivates you the most.
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ura vida! Who doesn't feel good about that Costa Rican phrase and want to fully embrace it? Living in this country has been enjoyable and exciting for me, as I know it has been for countless others. Exposure to nature and beaches — and as much or as little heat and rain as we are comfortable with — contributes value to the kind of high-quality life we have sought here. Even when some consumer goods and services may be harder to find, it is easy to appreciate the lack of big city traffic and pollution we might have left behind in our previous place of residence. Few could disagree that there is an equilibrium in the Costa Rican lifestyle. If pura vida finds you in laid-back mode for all the right reasons, there may be days when the pull of the beach is so compelling that you might actually forget you have a business to run. This can be a warning sign of the need for attention to the work-and-play balance in your life. But it does not mean one must come at the expense of the other, with inevitable sacrifices. Instead, Costa Rica is a place where time management can be redefined in friendlier new ways. You still have the same 24 hours to allocate each day, but pura vida is an incentive to use that time efficiently. Let’s talk about the possibility of doing everything you are excited about doing here, every day.
Keep your focus
It is essential to keep your objectives clear. Your business must have a vision and mission; stick with these, and it will stay stronger and more prosperous. On the personal side, focus on one or two objectives until you accomplish them. You might want to start a new diet, running and waking up earlier, or add meditation to your routine. But attempting all of these at the same time will likely make you frustrated sooner than later. So start with an easier goal or the one that motivates you the most.
Take action
Every objective needs an action plan. To take advantage of your available time, you need an agenda. There are two kinds of people: those with a program and those who go with the flow. Well, good news — you can be both! Either way, having an agenda helps you plan actions for each day, each week and each month. It gives you the big picture of when you devote time for your business and time for yourself.
Follow steps
Every action has steps. These are the pieces of the big puzzle, your objective. For example, you need to get clients for the new product you have launched. Break into steps how you will accomplish this action through product exposure and potential client howlermag.com
communication. Another example: you want to run in a race and are developing a training plan. You determine your training methods, the frequency and duration of training sessions and what you must eat to get stronger. In these examples, and for any set of action steps, you need to determine the “when” for each one.
Set priorities
To manage your time efficiently, always start with a “must do” list. I tell my clients to make a list of the most important things they need to do today, this week and this month. Ask yourself, what are those things that could make my plan fail if I don’t take care of them on time? Be very honest with yourself and then do it! For instance, don’t keep suffering from headaches when you know it’s time
for an updated glasses prescription (which, by the way, happened to me!). Be very honest with yourself when setting each priority and then DO IT! As a health coach, I emphasize that it’s essential for your agenda to include healthy home cooking, physical activity and sleep, as well as time for relaxing and self-care. To master time management, your wellness program must be integrated with your business plan. Always be available for your personal goals. Remember that not all projects are planned correctly, and even if they are, unexpected obstacles can arise. If one of your action plan steps doesn’t get the right results, then it’s the time to go with the flow. Get your feet on the beach and relax. Then redo your plan tomorrow.
Nutrition Advice / Time Management Body & Mind Wellness
If you are looking for a healthier and happier lifestyle, Follow @MovimientoSattva Joanna Blanco offers tips and ideas to make your goals clear and reachable, and become the best version of yourself. HM HOWLER MAGAZINE | 13
CR BIZ
DOING BUSINESS RIGHT
Eliminating Single-Use Plastic Initiative Takes Off
by Nicole Rangel
Reserva Conchal has not only eliminated 12,000 plastic stir sticks per month, but also adopted a green alternative to discarding the wood sticks as trash. 14
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A
Reserva Conchal a Role Model
rticles in several recent Howler issues have urged for wider and deeper consciousness about consumer use of plastics and the environmental ramifications. The same message is conveyed in heartbreaking videos of plastic straws being dislodged from turtle’s noses or the pumped stomach contents of birds containing plastic pieces. We’ve also seen jarring images of people swimming in a sea of plastic. Single-use plastics such as drinking straws, beverage bottles and take-out food containers are among the most serious eco-contaminants on earth. Although it is a personal choice for individuals not to purchase or use these items, the need to eliminate them rests on larger organizations and businesses doing their part.
Guanacaste-wide effort
Groups from a wide cross-section of commercial and community interests in Costa Rica’s Guanacaste province have joined forces to do just that. On May 31, 2019, they gathered together in Tamarindo as a show of unified support for the Guanacaste libre de plástico de un solo uso (Guanacaste free of single-use plastic) initiative. Representing all 11 cantons of Guanacaste, various government agencies, residential
and commercial developments, tourism chambers, non-profit organizations and entrepreneurs voiced their commitment towards eliminating plastic straws, bags and utensils. Reserva Conchal has been taking a lead role, even before this campaign was official. At its Beach Club, and at the on-site Westin and W Hotels, the use of single-use plastic continues to diminish while relevant eco-conscious education extends to resort guests, residents and employees alike. When restocking supplies, Reserva Conchal tries to purchase items that can be reused or recycled, or made from biodegradable products. The company has replaced bottled water with water fountains around the property, encouraging guests, residents and employees to use refillable containers. By replacing plastic bottles with cans or glass and offering refillable water options throughout the property, the resort replaced 7,847 plastic bottles in just four months.
Reuse or refuse
The restaurants at Reserva Conchal have replaced all takeaway food containers with compostable ones. The retail stores are replacing all plastic bags with paper ones. Photo courtesy of Reserva Conchal
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Another objectionable, but often overlooked, example of single-use plastics are the stir sticks used for coffee and tea. By replacing these with wooden sticks, Reserva Conchal has not only eliminated 12,000 plastic stir sticks per month, but also adopted a green alternative to discarding the wood sticks as trash. Now a component of the extensive in-house waste management system (highlighted in a May 2019 Howler article), these wood sticks are composted with other soil-enhancing ingredients for use throughout the property. Reserva Conchal also recently implemented its own campaign inviting guests in the Beach Club and both hotels to “refuse the use of straws” with their beverages. Not only has there been a drastic decrease in straw consumption — from 40,000 to 14,400 straws per month — but all of the straws currently used are either metal or biodegradable.
Small changes, big gains
Even the seemingly small changes in singleuse plastics consumption at Reserva Conchal have made a huge difference to
environmental education. Employees and residents now go home and use their reusable bottles and their own containers for take-out food. Guests return home with a new understanding of the value of saying, “No straw, please.” Reserva Conchal’s waste center is seeing a huge decrease in the amount of nonbiodegradable plastic that staff members have to package up for landfill.
The future is ours
As more promising examples like this emerge for us to follow, it becomes easier to make a difference and see results sooner. With each initiative — from the cantons of Guanacaste collectively to the individual guest at Reserva Conchal — we all have a choice and an opportunity. The decision to decrease the amount of plastic on earth and in our waterways lies on each of us, whether we are at home, running a business or visiting a new place. To actively choose an alternative to single-use plastic helps our earth to become cleaner and safer for us all. Will you join the initiative and refuse that straw or bring your own bags or takeaway containers?
Inspiring a better way of living www.reservaconchal.com
HM HOWLER MAGAZINE | 15
CR BIZ
Business Changes in
Costa Rica INVESTMENT CHAT WITH NATIVU
Understand the Impact for Real Estate Investors
T
he year 2019 has brought several significant changes to Costa Rica’s business sector, with both macroeconomic and social impacts.
by Fabricio Riggioni
Superintendent of Financial Institutions (SUGEF), Costa Rica’s regulatory agency for financial entities. This is among various measures the country has adopted, consistent with global efforts, to curb tax fraud and money laundering. Non-compliance penalties could be significant, including measures to freeze, or even close, a company’s accounts.
In July, the value-added tax (VAT) will come into force all over the country, essentially replacing income tax. (For details, see the June 2019 LegalEase article in Howler.) All goods and services are subject to taxes ranging from 2 to 13 percent, depending on the type of As an entrepreneur and investor, it is very important commercial activity. The concept of a VAT has to be aware of these changes and understand the been contemplated for some time as a mechanism repercussions for the affected sectors. We offer the for Costa Rica’s following recommendations Treasury to for taking advantage of Be alert to “properties of opportunity.” current real estate market collect income from entities that conditions. previously had to pay only income tax. Notably, this includes independent professionals such as • Seek financial expertise in reevaluating your lawyers, doctors, architects and others. company’s situation, regardless of the size. 2. Another watershed change this year has been Management decisions should be analyzed with the continued transition to mandatory respect to these tax reform measures. For example, electronic invoicing (factura electronica) for consider whether the applicable 13 percent VAT all taxpayers in Costa Rica. Under a schedule for real estate will be collected directly from your of phased-in compliance deadlines, Resolution clients or a portion could be assumed within your No. DGT-R-51-2016 stipulated which types of company’s profit margins. businesses and professional service providers • Be alert to “properties of opportunity.” If you have would be required to use electronic billing and been waiting for the so-called ideal time to enter receipts for all customer/client transactions. the world of real estate, this may be it. Banks (Several CR Biz articles over the past year have and other financial institutions have reported updated Howler readers on this initiative.) Again, an increase in delinquency portfolios over the this reform measure was proposed many years past 12 months, as more clients have been unable ago to give Costa Rica’s tax administration better to meet their payment obligations. With the control over business transactions through aforementioned changes becoming effective in improved traceability. Barely a year after the 2019, this trend is likely to continue. electronic invoicing platform was launched, many • Review your portfolio properties and update the technical and operational refinements are still amounts of their registered values. That way you needed to make it efficient. can reduce the capital gains tax due when putting 3. Finally, comes a new requirement for companies these properties on the market. dedicated to the business of casinos, private loans • Keep your liquidity levels healthy, as well as your and real estate to register with the General level of portfolio debt. 1.
Investment 16NATIVU | #searchfind•howl | online Consultant: Fabricio Riggioni Phone: (506) 8301-0663 • Email: fabricio@nativu.com howlermag.com
Home FOR SALE
CR BIZ
$980,000 ABOUT THIS PROPERTY
C
asa Serena is located inside Reserva Conchal, one of the most successful real estate projects in Guanacaste, and even Costa Rica.
The developers managed to create a place where the housing units blend in perfectly with the nature of the beaches and mountains in the area. There are several communities within Reserva Conchal, each with its own unique and special design. Playa Conchal is one of the most beautiful beaches in the world. Although there are no private beaches in Costa Rica, access to Conchal is a bit complicated, so Reserva Conchal residents generally have this paradise to themselves. Casa Serena is one of the few hacienda-style houses located within Reserva Conchal, specifically in its Melinas community, which has the most spacious and beautiful houses. The new owners of Casa Serena will immediately appreciate the tranquility of its external gardens, as well as the soothing sound of breezes through the trees. Stunning natural wood details throughout the home’s interior harmonize with the high ceilings and windows within each space. The heart of the house is its living room, looking directly onto the pool, gardens and golf course. Casa Serena is perfect for the family wanting a large space to share, while enjoying the privacy its rooms offer, as well as incomparable security for all. It is truly an exceptional opportunity at below $1 million, inside one of Costa Rica's premium residential developments.
Details Contact: Fabricio Riggioni (506) 8301-0663 fabricio@nativu.com
• Lot size: 1,522 m2 • 3 bedrooms • 3 bathrooms • Location: Reserva Conchal
PROPERTY SPOTLIGHT
HM HOWLER MAGAZINE | 17
Luxury Real Estate
Costa Rica
COMMERCIAL REAL ESTATE SERVICES, WORLDWIDE
Buy | Sell | Rent | Property Management June 2019
Villa Christopher | $2,895,000 | 6 Bed/7.1 Bath | 5,500 SF Playa Flamingo - Beachfront
Bougainvillea |$2,495,000 | 4 Bed/5 Bath
Casa Islana | $2,395,000 | 8 Bed/8.2 Bath | SF Ocotal - Ocean View
Oceanica | $1,595,000 | 6 Bed/3.1 Bath
Casa Tiger | $1,199,000 | 7 Bed/7.1 Bath
Playa Flamingo - Ocean View
Playa Potrero - Beachfront Potrero | $1.1M | 3 Bed/3 Bath
Ocotal | $675K | 8 Bed/7 Bath
Casa Kai - Beachfront
El Sueño de Ocotal
Ocotal | $624K | 3 Bed/3 Bath
Flamingo | $599K | 7 Bed/7 Bath
Villa Marina - Flamingo Estates 2 Home Compound - Walk to Beach
Azul Paraíso 3B Other Units Available! Ocotal | $529K | 2 Bed/2 Bath Azul Paraíso 9A Other Units Available!
Potrero |$519K | 4 Bed/3.1 Bath
Hermosa | $449K | 4 Bed/3 Bath
Hermosa | $468K | 3 Bed/2 Bath Hermosa del Mar 2-6C Ocean View Condo
Villas Catalina 6 Ocean View & Walk to Beach!
Hermosa Heights 33 Separate Rental Apartment!
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Flamingo | $399K | 2 Bed/2 Bath
Hermosa | $374K | 3 Bed/2 Bath
Potrero | $349K | 3 Bed/2.1 Bath
Coco $299K | 3 Bed/2.1 Bath
Hermosa del Mar 1-4C Garden View
Pac’Þco C-309 Ocean View Condo!
Oceanica Resort Ocean View & Walk to Beach!
Walk to Beach!
Ocotal | $285K | 4 Bed/3 Bath
Flamingo| $258K | 1 Bed/2 Bath
Potrero | $249K | 2 Bed/2 Bath
Hermosa | $179K | 3 Bed/2 Bath
Sueños del Mar 3 Walk to Beach!
Vista Ocotal NEW CONSTRUCTION! Walk to Beach | Tennis | Gym Flamingo Marina Resort 204 Ocean View & Walk to Beach!
Villa Sol 26
KRAIN Costa Rica | COMMERCIAL REAL ESTATE SERVICES Hermosa | $9M | 58 Hectares
Flamingo | $5.95M | 6782m2
Hermosa - Ocean View Mixed-Use Development
Titled Beachfront - FLAMINGO Hotel Site - Residential Development
Coco | $1,399M | 11,830 m2
Potrero | $1,.322M | 66,106 m2
Coco | $4.5M | 1.18 Hectares
Beachfront Zoned - Tourism Hotel or Mixed-Use Brasilito | $1,285M | 16 Rooms
Bagaces|$4M|1200Hectares
Mixed-Use Development or Private Estate
Tamarindo Paradise Hotel Site or Residential
Burdeos Cattle Ranch Various Uses | Land Bank
+1M Existing Improvements
Potrero | $825K | 15 Rooms
Flamingo | $650K | 1,807 m2
5 Units | 15 Bedrooms 10 Baths | Reception | Pool
Commercial Road Frontage Mixed-Use Development
Tamarindo | $2.47M | 26,956m2
Mixed-Use Development
Conchal Hotel & Papaya Restaurant
OUR PASSION IS REAL ESTATE. Our team is comprised of U.S. and Canadian licensed agents who have chosen real estate as their profession and value the high standards imposed by U.S. and Canadian licensing requirements. KRAIN’s local reputation and expertise is backed by its selection as a member of the Leading Real Estate Companies of the World®, a global community of over 550 international real estate companies awarded membership based on rigorous standards for service and performance. KRAIN is also the exclusive Costa Rica affiliate for NAI Global, the 4th largest commercial brokerage in the world, and Mayfair International Realty, a London based firm with a global reach. KRAIN’s Luxury Marketing is fueled by Luxury Portfolio. Simply put, we are the best at what we do. Our professionalism, knowledge, and high quality of service is the cornerstone of our unprecedented success and is our continued promise to you, our clients.
Breitlander Team
Peter & Sarah | Owners
Jeff Goode
Broker Associate
Chad Turner
Broker Associate
Jane & Dennis Broker Associates
Les McIntyre Broker Associate
Rick Swindell Broker Associate
Monett Team
Doug & Sharon | Brokers
Jesse Lobb
Broker Associate
8413-7165 or 6148-0406 C.R. Cell: 8411-5347 C.R. Cell: 8511-1625 C.R. Cell: 8410-5180 8844-2577 or 8701-8697 C.R. Cell: 8419-4602 C.R. Cell: 8510-1154 C.R. Cell: 8530-0275 info@kraincostarica.com Jeff@kraincostarica.com Chad@kraincostarica.com Jane@kraincostarica.com Les@kraincostarica.com Rick@kraincostarica.com Doug@kraincostarica.com Jesse@kraincostarica.com
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Come Join Us Costa Rican Identity • Bilingual School Developing proficiency • • • • • • • •
www.educartecostarica.com
Reading Writing Math Languages Science Art Music Sports
Guiding children to their full potential Social & Conceptual Skills • Cultural Awareness
info@educartecostarica.com • (506) 2653- 6363
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HOWLER
DINING GUIDE
Three Restaurants at W Costa Rica – Reserva Conchal Open to the Public
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W COSTA RICA - RESERVA CONCHAL
A
Meet the Chefs
by Rachel Cherry White
t the newly opened W Costa Rica — Reserva Conchal, the details are everything, and nothing has been overlooked. The ambiance is laid-back cool, with a curated music list and haute decor. The views are unbeatable, the rooms and pools are playfully luxurious. The food is some of the best in the area, and the hotel restaurants are truly doing something unique: they are elevating Costa Rican cuisine. The Howler will be featuring each of these restaurants in our upcoming issues. No matter what flavors you crave, the restaurants of the W have you covered. Before you go, here’s your chance to meet the ultra-talented men and women bringing you this amazing food.
HEARTY Julio César Valdivia The esteemed head chef at the W hails from Peru — arguably the foodie capital of the world — but says that Tico flavors are influencing his kitchen a lot. Valdivia has loved cooking since childhood, preferring cooking shows to cartoons for entertainment. After studying in Peru, he cooked in fine dining establishments all over the world. Overseeing all of the restaurants and menus at the W, the chef stays humble and credits his staff for helping him learn Costa Rican customs, techniques, and supplies. “I am proud of the team I have, grateful to have come to this beautiful country,” he says. “Day by day my team teaches me new things and always give me their 100 percent best.” FRESH Franco Bueno The chef at Cocina de Mercado is also from Lima, Peru, and takes pride in mixing the best from both Peruvian and Costa Rican cuisine. But the integrity of the flavors of the food always shine through, and this is foremost in the chef ’s mind when creating his dishes. The restaurant is open for breakfast, lunch, and dinner. Bueno gets satisfaction from cooking, saying, “I love how I can make our guests feel with the presentation and flavors of my food.”
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Hours Breakfast: Mon-Fri, 6:30-10:30am Sat, Sun 6:30-11am Lunch: Noon-3pm Dinner: 6-10pm Special Event - W Brunch When: First Sunday of each month 1-4pm howlermag.com
SAVORY Erick Agüero Zúñiga The most upscale dining option at the W, Latitud 10° Norte, serves up an amalgam of Costa Rican and Thai foods — both countries are located on the same latitudinal lines. Chef Agüero studied culinary arts right here in Costa Rica, training under Asian chefs to also learn their techniques. His love of Costa Rica and its food is evident. “I’m proud to be a Tico head chef at one of the best restaurants in Costa Rica,” he says.
Hours Dinner:
6-10pm
Specialty: “Mixology Dining Experience” includes 4 signature cocktails paired with 4 L10N dishes
AL FRESCO Roy Trejos Solano Chef Trejos of Zona Azul grew up in the Central Valley, but his menu is from all over the world … well, the places in the world where people live the longest. He and his team were inspired by the world’s “Blue Zones” (apropos the restaurant name, Zona Azul), so the cuisine boasts flavors of Greece, California, Italy, Japan, and of course, Costa Rica. This chef ’s secret ingredient, though, is that Tico kindness. When I find him in his kitchen he is writing down a recipe for a guest. Trejos’ resume reads like a list of the top hotels in Costa Rica, but the W is his favorite. “I get to use my imagination,” he says, “creating combinations of flavors from around the world.”
ZO NA A ZUL B E AC H C LU B
Hours Lunch: Dinner:
Noon-6pm 6-10pm
Special Events Detox Retox Repeat What: A bottomless brunch at the beach club When: Sundays, noon - 5pm
SWEET Carla Reategui The pastry chef for the W is in charge of crafting recipes and making desserts for all of the restaurants. Carla Reategui originally went to culinary school in her hometown of Lima, Peru, but when she moved to Switzerland she started working as a pastry chef. “I love to cook, but when I bake, I feel like a fish in the water,” she says with a smile. The W managed to recruit Carla after she had spent years teaching at a pastry school. In true playful W style, she says, “I like playing with textures, temperatures and flavors. It’s so fun to create, change and try new things.”
WHATEVER /WHENEVER® Now you know who’s cooking, so stop in for some incredible food, fun, and flavors. Reservations for every restaurant (or anything else you need at the W) are available at Whatever/Whenever.
Call: 2654-3600
WhatsApp: 8489-7458
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HUACAS
New York Pizzeria 200m west of the Brasilito/ Huacas crossroads, Huacas www.nypizzeriahuacas.com @nypizzeriahuacas Hours Daily, 5pm-10:30pm Phone: 2653-6296 8729-5640
Pizzeria
New York Pizzeria is your go-to pizza spot in Guanacaste, for an authentic New York style pizza. Dine-in or take-out available. Enjoy! Specialties Authentic New York style pizza Freshly made breadsticks
MENU SELECTIONS
Huacas: Main road, north side halfway between Super Compro and intersection to Brasilito Hours Daily, 6am - 9pm Phone: 2653-6273
Soda Guaymy
Typical Costa Rican Food If you want great quality typical Costa Rican food and an ice-cold beer, Soda Guaymy's delivers! And its as economical as it gets!
jimemurillo98@hotmail.com
MENU SELECTIONS
Meat Lover's Pizza
Casados
House Special Pizza
Rice with shrimp or chicken
Pepperoni, ham, salami, bacon, and ground beef
Pepperoni, ham, mushrooms, onions, and sweet peppers
HUACAS 3km south of Huacas, road to Tamarindo Hours Daily, 7am-9pm Breakfast 7am-10am
Fish, chicken and beef served with rice, beans and whatever is fresh A traditional favorite: Arroz con camerones o pollo
La Playita: Poolside Dining Located at the Seis Playas Hotel, La Playita Restaurant & Bar is open to hotel guests and the public and is known for its friendly and inviting environment. It is the ideal setting for sharing good food and drinks with family and friends, or a romantic dinner poolside while enjoying the convenient distance to our six local beaches.
MENU SELECTIONS
Phone: 2653-6818 info@seisplayashotel.com
Broken Yolk Sandwich
$12
Pasta
Specialties Food cooked to your taste! — con mucho gusto Friday Night Texas Barbecue
Breakfast Quesadilla
$12
Open Grill
BLT La Playita
$10
Fried egg, bacon or ham and cheese on toast, served with seasonal fruit Eggs, tomato, onion, sweet pepper and cheese, served with seasonal fruit Always a favorite for a light bite to eat: bacon, lettuce and tomato
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$14
Build your own pasta bowl, with a mixed salad
From $16
Pork tenderloin, chicken breast, ribeye, New York strip, beef tenderloin & catch of the day
Pineapple FlambĂŠ
$4
Our most popular dessert served hot with vanilla ice cream
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HUACAS
DINING GUIDE
Solan Victoria:
Costa Rican Cuisine
Hours Wed-Mon, 11am-midnight Tue, 4-midnight
Lively locals' bar and restaurant. Come and enjoy great food and good times.
Phone: 8567-2493
Specialties Great cocktails Amazingly delicious menu options with locals’ pricing
Whole Fried Red Snapper
c4000
Shrimp ceviche
c2500
Arroz con pollo
c1800
PLAYA GRANDE
Hours Daily, 8am - 9:30pm Breakfast, 8-11am Lunch, 11am-5pm Dinner, 5-9pm Happy-Hour 4-6pm Sunday Brunch 8am-2pm Phone: 2653-0480 ripjackinn.com
Main road to Playa Grande Hours Daily, 8am - 5pm Phone: 4701-2394 potsandbowls@gmail.com
Coffee Shop and Plants
Fresh, healthy and fun. Focus on homemade ingredients. Different dietary options: gluten-free, lactose-free vegan. Specialties Coffee, plants and pots Costa Rican boutique Workshops
MENU SELECTIONS
MENU SELECTIONS
Playa Grande proper
Pots & Bowls:
Rip Jack Inn Tree Top Dining
A diverse menu that includes fresh local seafood as well as tasty treats from the land, crisp salads, veggie bowls, local dishes and options for kids! Specialties Smoothie bar, fresh and frozen cocktails, bocas menu, vegetarian menu available, gluten-free options, full service for retreats and weddings.
MENU SELECTIONS
Choco-Banana NiceCream
Peanut butter, cacao, almond milk, granola, bee pollen, nibs
$9
Tuna Poke $14 Sushi rice, avocado, edamame, wakame, mango
El Oasis Chill Out
Main road to Playa Grande, 20m after Wil-Mart
and Lodge
Hours Fri - Sun, 4pm-10pm
Enjoy traditional Vietnamese and Thai cuisine in a tropical garden setting.
Phone: 2249-6166, 8496-2221
Authentic Asian Food
Specialties Smiles and good vibes Private Asian chef service, pho, Free delivery to Playa Grande and Matapalo
MENU SELECTIONS
Grilled Mahi
Appetizers
Greek Chicken
Entrees
Served with a yogurt cilantro lime sauce, mixed veggies and grilled polenta Grilled chicken breast with a creamy caper sauce served with roasted Mediterranean vegetables & cauliflower rice
Spring rolls, rainbow salad and nems
Pad Thai, bun nems bowl, Cantonese rice, stir-fried wok
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PLAYA GRANDE
MATAPALO
Matapalo: Main square on the way to Playa Grande
PLAYA GRANDE
DINING GUIDE
DINING GUIDE
Hours Daily, noon to 9:30pm Mon, 7-9pm, Live Marimba Wed, 7-9pm, Avellino Fri, 7-9pm, Live Marimba Phone: 2653-0075 restaurante @hotelcapitansuizo.com Specialties Healthy dishes made from scratch with local and fresh products All taxes included in price
VILLARREAL
8 min. drive from Tamarindo, 2km south Villarreal Hours By reservation Phone: 8869-9765 Specialties Zipline and BBQ buffet for only $85.
El Barco Del Capitán: European-Tico Fusion, Beachfront Restaurant
El Barco del Capitán is nestled in a beautiful tropical garden within the Hotel Capitán Suizo and offers a modern, healthy and fresh cuisine. Our chef, Jujo Molina, has created the dishes inspired by his European heritage and the incredible products available in Costa Rica. Using our homegrown ingredients from our organic garden, we strive to offer an environmentally friendly menu and an authentic experience to our guests.
Tacos Carne (Lunch)
MENU SELECTIONS $15
Tartar Capitan (Dinner)
$13
$15
Linguini (Dinner)
$23
Lomito (Dinner)
$28
Beef in tortillas with mixed cabbage salad, guacamole and tamarindo sauce
The Veggie (Lunch)
Tuna and mango tartar with capers and a cilantro, ginger and soy dressing
Grilled portobello, tomato, zucchini, chilealmonds-garlic sauce, homemade bun
Calamari, jumbo shrimps, mussels, Spanish chorizo, cherry tomatoes, white wine
Calamari Crujientes (Snack) $13
Crispy calamari with homemade green pesto and a honey, red onion escabèche
Black Stallion:
Rustic Outdoor BBQ
Dine with the stars of Guanacaste on a private ranch. Enjoy a delicious BBQ buffet with sides. Wine, beer and sangria included! Call for reservations. Available for private parties and events.
MENU SELECTIONS
200g of tenderloin with a tamarind sauce over Swiss Roësti and vegetables
Flamingo: At the curve en route to Flamingo Hours Tue - Sun, 11am -9pm Closed Mondays Phone: 8373 2833 Specialties Local fresh seafood Beautiful beach sunsets
Pleamar:
Tipico CR Restaurant Come enjoy a truly local fresh seafood experience that offers reasonably priced selections prepared and presented to please the most demanding appetites. Located on the beach so enjoy the beautiful sunsets!
MENU SELECTIONS
Mixed BBQ Buffet
$45
Seafood Platter
Seafood Buffet
$45
Shrimp Pasta
Baby back ribs, chorizo and chicken, sides included A delicious array of seafood and sides dishes
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Fresh seafood combination sauteed with light local seasonings Creamy fresh shrimp pasta dish that's prepared when you order
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PLAYA FLAMINGO
TAMARINDO/LANGOSTA
Hotel Capitán Suizo, Playa Tamarindo
PLAYA FLAMINGO
DINING GUIDE
SOMEWHERE OMEWHERE BAR AR Margaritaville Beach Resort, Playa Flamingo Hours Daily from 4pm - 11pm Happy hour: 4:30-6:30 Phone: 2654-4444, ext. 3264 Specialties Nachos, tacos, burgers, salads and sandwiches
World Famous Margaritas!
5 o'Clock Somewhere Bar & Grill: Drinks and Casual Dining Best place on the Gold Coast to take in panoramic oceanfront views and multi-screen sports TV while enjoying hand-crafted cocktails and a delicious casual dining menu. You will want to return again and again for juicy cheeseburgers and mouthwatering tacos, not to mention the perfect margaritas and other specialty cocktails. Enjoy a beautiful sunset view during the daily Happy Hour 4:30 to 6:30 p.m. Wednesday through Saturday nights feature live entertainment with the best of the area's local bands and musical talent.
Live Music
Regularly Scheduled Check Schedule and updates at 5 o ´clock somewhere facebook page
@ 5oCSBG
A perfect blend of Costa Rican and international cuisine that includes freshly caught local fish and grass-fed beef. Enjoy the oceanfront sea breeze on the outdoor patio or dine inside in air-conditioned comfort.
An Italian bistro with a tropical view. Choose from a selection of pizzas, pastas and paninis, or build your own dish with a variety of fresh, delicious ingredients.
Hours Daily 6:30am to 9:30pm breakfast, lunch, dinner
Hours Daily 5pm to 11:30pm Pizza only from 9:30pm
Phone: 2654-4444 ext. 3269
Phone: 2654-4444 ext. 3268
Specialties Fresh fish, grass-fed beef, international buffets, kids menu
Specialties Specialty artisanal pizza oven; design your own pizzas and pastas
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DINING GUIDE
SURFSIDE / POTRERO
1 km east of Banco Nacional in Flamingo Hours Daily, 6:30am-9:30pm Phone: 2654-4671, 2654-5340 Specialties Fresh seafood and pasta
NASU: Creative Tropical Cuisine Welcome to Nasu Restaurant, tropical creative cuisine. Join us oceanside, where the freshest catch is prepared every day by our acclaimed chef. Enjoy the culinary treasures of Costa Rica, where tradition and innovation meet.
MENU SELECTIONS NASU Salad
Shrimp Spicy Tacos
SURFSIDE / POTRERO
Potrero, 800m north of Banco Nacional Hours Breakfast, 8-11am Lunch and Dinner, 11am -10pm Kitchen closes 9pm
$14
$16
Cheesecake
$8
$25
Grilled lobster, garlic buttered baby-potatoes with with rosemary and mixed vegetables
Served with garlic buttered baby-potatoes and carrots Homemade cheesecake with blueberry topping
Keylime Pie
Special dessert of the chef
$8
Renowned for its fresh seafood, this quaint restaurant and bar was transformed from a private residence. Come and enjoy incredible food with awesome sunsets and views of the Pacific Ocean.
MENU SELECTIONS Grilled Scallops
Shrimp Ceviche
Specialties Fresh seafood Epic sunset view Call for reservations
Catch of the Day
Bang Bang Shrimp
Seafood Platter
Grilled Lobster Tails
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The Beach House: Beachfront Dining
Phone: 2654-6203
Now serving breakfast 28
Grilled Octopus
Flour tortilla, breaded shrimp, mango coleslaw and spicy mayonnaise
Pacific Lobster All taxes included in price
$10
Lettuce mix, avocado, hearts of palm, blackberries, orange and passion fruit dressing
Grilled in a bath of Cacique liquor, lime and garlic With tropical salsa, grilled vegetables & potatoes or rice Fresh mahi mahi, grilled jumbo shrimp, sautĂŠed calamari, with rice pilaf and grilled vegetables
Peruvian style marinated shrimp, red pepper and onion, tomato and cilantro with plantain chips Crispy, creamy, sweet, and spicy shrimp in cornmeal breading with tangy Thai chili sauce Two roasted lobster tails in wine-garlic butter sauce with grilled vegetables and rosemary potatoes howlermag.com
LAS CATALINAS
DINING GUIDE
At Casa Chameleon, 4km north of the Potrero soccer field Hours Daily, 7am-10pm No children under 12 years Phone: 2103-1200 concierge@ casachameleonhotels.com Specialties Fresh fish, sunset cocktails, "boquitas" menu
Sentido Norte: Fine Dining Sentido Norte, a restaurant and bar at Casa Chameleon, proudly offers an adult fine-dining experience that celebrates the best of Costa Rican cuisine. Your drive through winding roads above the quaint beach town of Las Catalinas is rewarded by an unforgettable but affordable taste of luxury. Just a few steps uphill from the bright and welcoming entrance, your table awaits in a gorgeous, open-air perch framed by a panoramic view of the Pacific. A design motif incorporating responsibly-sourced teak adds a sense of warmth and well-being to the romantically lit atmosphere. All food and drinks are inspired by the country’s bountiful abundance, combining uniquely local and native ingredients in the glass and on the plate.
MENU SELECTIONS Overnight Oats
$8
Casa Chameleon Burger $19
Guacamole and Salsa
$12
French Toast
$12
Ceviche $14
Moules Frities
$26
Knife & Fork Tortillas
$14
Grilled Chicken Wrap
$17
Grilled Skirt Steak
$32
Chicharrón or vegan huevos rancheros
With greens, avocado & tomato, spicy aioli
Vegan Omelettes
$14
Vegan Bowl
$19
Mushroom Lamb Risotto $33
With almond milk, yogurt, fruit, cashews, local honey or tapa dulce
With sweet plantains and coconut milk cream
With asparagus, mushrooms and caramelized onion
Angus burger with arugula, Swiss or goat cheese and aioli Fresh fish ceviche, leche de tigre, homemade "chilero"
Quinoa, mushroom and squash picadillo salad, spicy garbanzo beans
Hearts of palm ceviche, avocado & tomato Wok sautéed with garlic butter and chardonnay broth
Skirt steak, chimichurri sauce, salad, french fries
Slowly braised with porcini, portobello and crimini mushrooms
Prices shown include 13% tax and 10% service / Prices subject to change
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