Costa Rica Real Estate Guide

Issue 2, year 2015

Properties For Sale & Rent HOUSES 路 CONDOS 路 OCEAN VIEW LOTS

True Costa Rica Beachfront Living The Palms, Private Residences - Playa Flamingo, Gte. www.palmscostarica.com / mark@palmscostarica.com / CR Office (506) 2654 5479 US Office (312) 405 1750 / US Toll free 1 800 867 5762

This Guide supports Realtor Licensing

P. 14 Deciding To Invest?

Choose Wisely!

Peñas Blancas

Contents

Playa Manzanillo Playa Junquillal Playa Blanca

Islas Murcielago

Playa Nancite Playa Naranjo

Playa Nacascolo Playa Panamá Playa Buena Playa Hermosa PLAYAS DEL COCO Playa Ocotal

Costa Rica Map

Playa Danta Y Dantita Playa Potrero Playa Flamingo Playa Brasilito Playa Conchal

Playa Tamarindo Playa Langosta Playa Avellanas

Playa Negra

"Helping your Dreams find a Home"

Playa Junquillal

Playa Camarita Playa Ostional

By Allen Lungo - CRGAR

Playa Nosara Playa Pelada Playa Guiones

Playa Puntar

Playa Nara

Playa Buena Vista Playa Samara Playa Carrillo Playa Bejuco

Houses For Sale

Playa Costa De Oro Playa Coyote Playa Caletas

Pla Playa Ta Playa Manzanillo Playa El Carmen

Playa Montezuma

Playa Las Manch Playa Cabuya

Playa Mal Pais

Refugio Cabo Blanco

Lots For Sale

"Choose Wisely"

By Laura Salazar - Attorney

Issue 2, year 2015 Director: Ana M. Solis Graphic Design: Lumar Cuccioletta Email: revistaguanacaste@hotmail.com Main Office: Playas del Coco, Gte. Info: +506 2670 1315 / 2670 2200

Costa Rica Real Estate Guide is a free real estate printed edition distributed in Guanacaste and San Jose.

The main objective of this Guide is to promote properties for Sale and Rent in Guanacaste, one of the most dynamic and fastest growing regions in Costa Rica.

renas

anjo

Playa Do単a Ana

Playa Blanca Playa Gigante Playa Pajaro Playa Coralinos Playa Tivives Playa Bajamar Playa Guacalillos Playa La Pita

aya Pochote Tambor

has

Playa Agujas Playa Limoncito Playa Mantas Playa Herradura

Playa Jaco Playa Hermosa Playa Esterillos Playa Bejuco Playa Palma Playa Palo Seco Playa Quepos Parque Manuel Antonio Playa Espadilla Playa Savegre Playa Matapalo Playa Hatillo Playa G端apil Playa Baru Playa Dominical Playa Hermosa Playa Uvita

Playa La Colonia Playa Ballenas Playa Pi単uela Playa Ventanas Playa Tortuga

Playa Blanca Playa Ganado Playa Bahia De Drake Playa Colorada Playa Las Caletas Playa San Josecito Playa San Pedrillo Playa Llorona

The most comprehensive Real Estate Guide in Guanacaste

4 / Costa Rica Real Estate Guide

Costa Rica’s CRGAR Realtors

Helping Your Dreams Find A Home Welcome to this issue of “Costa Rica Real Estate Guide”! The Costa Rica Global Association of Realtors proudly honors our newest Media Sponsor, CRREG, and their commitment to professionalism in our country. Together, we are focused on your satisfaction, and protection, as a real estate investor.

For our part, CRGAR is an association of dedicated professionals voluntarily following membership, training, and ethical performance standards, not yet mandated by law in Costa Rica.

CRGAR MEMBERS ARE THE TOP PROFESSIONALS IN COSTA RICA BECAUSE THEY: • Complete our required realtor training classes taught by Costa Rican attorneys • Comply with the legal and tax codes of Costa Rica • Swear to work within the Professional Practice Standards of the National Association of REALTORS (NAR) in the US • Can be held accountable before the Ethics Committee of the Board of CRGAR.

involve your life here. CRGAR member’s clients have the benefit of the work and life experiences of mature and accomplished professionals, many of whom followed their own dreams to be here.

CRGAR is a network, of realtors in Costa Rica, referral realtors in other countries, affiliated businesses, and sponsors, like CRREG, who support our professional goals and community efforts each year. Often, a need, that has little to do directly with real estate, can be met by a resource connected to CRGAR or its members.

CRGAR and CRREG are part of a movement to help Costa Rica grow responsibly, while caring for all levels of society, and welcoming like-minded people from around the world.

We share an oasis of peace and tranquility in today’s world, which needs our commitment and protection.

So, welcome to Costa Rica and its future! Look for upcoming issues of CRREG to offer you the resources of our members, our family, our network, and our movement, as you pursue your investment dreams here.

On behalf of our CRGAR family, CRGAR is a family of citizens and resident expats, who love Costa Rica very Allen Lungo, President CRGAR much, and understand why you may www.CRGAR.com

6/

HOUSES FOR SALE

F

O

R

S

A

L

E

Ocean View House / PLAYA DEL COCO

Reduced to $495,000

• Located in Pacifico Dev. • 3 bedrooms, 3.5 bathrooms • 2,700 sqft const. area • Fully Furnished • Granite countertops • Hard wood cabinets • Enclosed garage • Pool with ocean view • 2 person interior elevator • Covered Patio off kitchen • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Affordable House / GUAYABO, BAGACES

Reduced to $99,000

• Const.: 1177sqft / 110m2 • Brand new house • Amazing volcano view • 2 bed / 2 bath • Open floor concept • Fully furnished • Hard wood cabinets • Granite countertops • Near to hot water springs • Stainless steel appl.

• www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Few Steps From the Beach / PLAYA OCOTAL

$149,900

• For sale: 50% ownership • Const.: 2100 sqft / 200 m2 • 3 bedrooms • 2.5 bathrooms • Just a few steps from beach • Fully furnished • Central A/C • Great rental Villa • Gated Community • Private beach • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

HOUSES FOR SALE

/

7

F

O

R

S

A

L

E

3 bed - 2 bath House / PLAYA DEL COCO

$189,000 negotiable

• Const.:1561 sqft / 145 m2 • 3 bedrooms • 2 bathrooms • Central A/C • 2 car garage • Fully Furnished • Stainless steel appliances • Beautiful kitchen • Granite counter tops • Alarm and camera system • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Ocean View House in Pacifico PLAYA DEL COCO

Reduced to $850,000 • Const.: 5177sqft / 480 m2 • 4 bedrooms • 5 bathrooms • Panoramic Ocean View • Stainless steel appliances • Porcelain floors • Beautiful swimming pool • Luxury finishes • 2 car garage • Huge covered terrace

• Lot: 0.5 acres / 2128 m2 • 2 miles from beach • Gated Community • Underground Utilities • 24/7 Security • Large Community pools • Private beach front club house with bar & pool • Paved Roads • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

8/

HOUSES FOR SALE

L

E

Affordable beach Living / PLAYA DEL COCO

F

O

R

S

A

• Single family home • Near dowtown • 2 bedrooms, 1 bathroom • Const area: 1230 sqft / 115 m2 • Appliances included • Hot water, A/C • Open floor design • Granite countertops • Pet frendly house • Hard wood kitchen cabinets • www.RealtyGuanacaste.com

$128,000

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Stunning Ocean View House PLAYA DEL COCO

$949,000 • Const.: 2,943 sqft / 275 m2 • Infinity pool • Spacious living room • 3 bedrooms • 3 1/2 bathrooms • Gated community • Granite counter tops • Top quality finishings • Open floor concept • Fully furnished

• Private beachfront club house with bar & pool • Huge balconies for entertaining • High ceilings • Alarm & Camera System • 5 min to beautiful beachs • 24/7 security • Email: vlasos@hotmail.com • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

Property Management & Rental Services

ALL COSTA RICA RENTALS

Allow us to look after your investment in:

Playa Del Coco, Ocotal & Hermosa Email: info@allcostaricarentals.com www.allcostaricarentals.com

2670-1878

Ocean Front Villas

Tel: 2654 4579 - www.villasestivalcostarica.com info@villasestivalcostarica.com - Playa Prieta, Potrero, Gte.

10 /

LOTS FOR SALE

L A S R O F

F

O

R

S

A

L

E

Pacifico Residential Lot PLAYA DEL COCO

E

Lake View Lot LAGO ARENAL

$69,900 • 1.1 acres / 5000 m2 • Incredible lake view • All utilities available • Ready to build • Only 15 min. to Tilaran town • Agent: Julian Ulate

Tel: (506) 8719 - 6371

$89,000 • 10,625 sqft / 993 m2 • Beautiful Flat lot • Ready to build • All utilities available • Prestigious gated community • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Ready to build Lot / PLAYA DEL COCO

Reduced to $99,000

• Ocean View Lot in Pacifico • Lot size: 0.35 acre/1600 m2 • Const. permits available • House const. area: 3000sqft • Gated community • 24/7 hs Security • Paved roads • Sorrounded by beautiful houses • All services available • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

R

S

A

L

E

Residential Lot - 705 m2 / PLAYA HERMOSA

F

O

• Altos Cacique Community • Surrounded by beautiful houses • Gated Community • Nature view lot • Paved roads • Ready to build • All utilities available • 20 min. from International Airport • www.RealtyGuanacaste.com

$69,000 Tel: (506) 8893-4850

12 /

LOTS FOR SALE

Large Residential Lot PLAYA PANAMÁ A

L

E

Advertise

F

O

R

S

Here $98,000

• 1.5 acres / 7000 m2 • Paved Roads • Sorrounded by tropical trees • Just 20 min from airport • 5 min to Panamá Beach • www.RealtyGuanacaste.com

revistaguanacaste@hotmail.com

(506) 2670 1315 (506) 2670 2200

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Ocean View Lot Pacifico / PLAYA DEL COCO

$349,000

• 0.42 acres / 1715 m2 • Pacifico gated community • All services available • 24/7 security • Beach front Club • Paved Roads • Ready to build • Community pools • Near Playa Coco downtown • Next to nature reserve • www.RealtyGuanacaste.com

Tel: (506) 8883-5690

CMB & Associates Add value to your Business Operations FINANCIAL ADVISORY / TAXES / ACCOUNTING

2667-1037 / 8861-5527 / cbustamante@cmbandassociates.net / Liberia

» PROPERTY MANAGMENT » VACATION RENTALS » CONCIERGE SERVICES

Milagro Management and Rentals Oficentro Las Torres Piso 2 Playa Hermosa, Guanacaste // Tel.: 2672-1224 jeffry@milagrorentalscostarica.com // www.milagrorentalscostarica.com

14 / Costa Rica Real Estate Guide

Deciding To Invest In Real Estate?

Choose Wisely M

ore often than not people get carried away in the excitement of a moment and forget about the implications of their decisions. Invest in real estate abroad is not something to be taken lightly. Whether you’re looking to diversify your portfolio or simply looking for a retirement community with a relaxed take on life, there are key issues that should not only be understood, but acted on as well.

There are several agencies that are involved directly in the actual registration and others that are important to consult to make sure that you get a complete understanding of your investment´s condition.

"There are several agencies that are involved directly in the actual registration and others that are important to consult to make sure that you get a complete understanding of your investment´s condition."

1. The Public Registry Costa Rica has a notice-by-registration system. This means that any interest that is recorded at the Public Registry will have formally and legally notified all potential third parties of the exis-

tence and priority of said interest.

The Public Registry is divided into several registries and maintains records of all rights and interests pertaining to recordable assets including moveable and immoveable property, legal entities, surveys and intellectual property rights.

"The records maintained at the Registry are open for review by the general public. Keeping a close eye on the registration process is important."

The records maintained at the Registry are open for review by the general public. Moreover, keeping a close eye on the registration process is equally important. Although the registration system can sometimes be somewhat slow, the annotation of a particular interest on the title to the property is practically instant and proof of said annotation should be requested at all times.

2. Notary Public Notaries are a quasi- public employee in that they have been provided a very specific mandate by law to serve as public faith officials whose tasks go from certifying acts to having a legal monopoly in the registration of doc-

Costa Rica Real Estate Guide /

15

umentation at the Public Registry. To granting building permits or authorizcarry out this mandate, Notaries are ing the registration or subdivision of subject to full scrutiny by the govern- property within their county. ment through the National Notary Division (Direcci贸n Nacional de No- "The formal access to water tariado) and must act through public instruments all of which are official and electricity is required beand accounted for. fore granting building permits 3. Municipalities Costa Rica is composed of seven provinces; each of them is broken down into counties and each county into districts. The local governments (Municipalities) govern the districts that make up each individual county through the Municipal Regime Law. Keep in mind that each county or Municipalidad, is solely responsible for their territory.

Municipalities are in charge of establishing a zoning ordinance for their county (Plan Regulador) to define and regulate the particular use of specific zones within their county such as commercial, residential or industrial, issue business licenses to local businesses, grant construction permits, among others.

4.Other Public Institutions Because in recent times growth in the private sector has been far greater than growth in the public sector, the building of the public infrastructure for providing essential services, such as water and electric, may be limited in certain parts of the country, creating a hidden contingency. In other words, the formal access to water and electricity, as provided by the institutions who have a monopoly in their distribution, is required before

or authorizing the registration or subdivision of property" Although the lack of formal availability of essential services is not a title issue and therefore not something that is verified or verifiable at the Public Registry when conducting a search or registering a transfer of ownership, it麓s an issue that could limit ownership rights to the property from a practical point of view.

Go ahead and buy the piece of property of your dreams! Just make sure that in doing so, your interest is protected so that the property or your investment is safe guarded and you can get the most out of it!

"Go ahead and buy the piece of property of your dreams!

Just make sure that in doing so, your investment is safe guarded so you can get the most out of it!"

Happy shopping and good luck!

Laura Salazar, Attorney Solers Abogados Tel: 2670 - 0068 Email: lsalazar@solers.cr

CHOOSE THE GOOD LIFE

LOTS

.

F L AT S

.

COMPLETED HOMES . 2654.4600

18 /

LOTS FOR SALE

S

A

L

E

Ocean View Residential Lot / PLAYA OCOTAL

F

O

R

• 5000 m2 • 1.25 acres • Ready to build • Best residential area • Gated community in Ocotal • All utilities available • Amaizing unobstructed ocean view • Back nature view • Agency: www.roosterrealtycr.com • Agent: German Valencia

$349,000

Tel: (506) 8991-1843

F

O

R

S

A

L

E

Cala del Sol - Stunning 78 acre Parcel PLAYA OCOTAL

$9,000,000 Stunning partially developed 78 acre parcel. The site is located between Playa del Coco and Ocotal and offers a pristine beach and a variety of prime Pacific Ocean view lots. The roadways are already cut in, the building pads have been prepared, water and electricity are on site and the main en-

tryway is completed. The price has dropped from $16 Million down to $9 Million. The zoning is for a hotel or residential.

• Agency: www.roosterrealtycr.com • Agent: German Valencia

Tel: (506) 8991-1843

PALM REAL ESTATE

www.PalmRealEstateCR.com

Mari Brenes - Sales Broker / Owner

EXCLUSIVELY REPRESENTING

Paradizio Newest Development 2,3,4 Bed Residences, Playas del Coco STARTING AT $169, 900

Cell: 011 (506) 8352-9923 // Office: 011 (506) 2670-0400 / 2670-0415 US number: (917) 460-2855 // Email: mari@palmrealestatecr.com // Playas del Coco, Gte.

20 /

LOTS FOR SALE

V.Marina Ocean View Lot PLAYA DEL COCO

F

F

O

O

R

R

S

S

A

A

L

L

E

E

Superb Ocean View Lot PLAYA DEL COCO

$75,900

$249,000 • Area: 0.42 acres / 1725 m2 • Best Ocean View lot in Pacifico • All services available • Gated Community • Ready to build • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

• 5,320 sqft / 497 m2 • Residencial lot • Just 20 min from airport • Ready to build • All utilities available • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

37 Ha Finca / BAGACES, LLANOS DEL CORTES

$395,000

• 37 Hectareas / 91 Acres • 2 Km frente a calle pública • Facil acceso, a solo 5 Kms de Interamericana • Ideal para desarrollo • Propiedad plana, agua/luz • Cerca de catarata y Parque Nac.

• www.RealtyGuanacaste.com

Tel: (506) 8893-4850

F

O

R

S

A

L

E

35 Ha Finca / UPALA, AGUAS CLARAS

$350,000 Negociable

• 35 Hectareas / 84 acres • 2 nacientes de agua • 4 vertientes de agua • Preciosas vistas • Facil acceso • Se puede segregar • 80% área de pastizales • 20% área de bosques • Electricidad disponible • www.RealtyGuanacaste.com

Tel: (506) 8893-4850

ATTORNEYS PhD. Priscilla Solano Castillo Ma. Laura Coto Rojas → REAL ESTATE → CORPORATE LAW → CONDOMINIUM LAW → REAL ESTATE DEVELOPMENT → NOTARY PUBLIC SERVICES → MARRIAGES Tel: (506) 2670-1158 // 2670-1822 // Cel: (506) 8982-0245 // Fax: (506) 2670-1771 psolano@pscattorneys.com // www.pscattorneys.com Across from Banco Nacional, Playas del Coco, CR

22 /

LOTS FOR SALE

S

A

L

E

Residential Lot in Isabella / PLAYAS DEL COCO

F

O

R

• Motivated seller • Great Nature view lot • 0.6 acres/2332 m2 • Easy to build • Great location • Gated community • Permitted for segregations • All services available • Near dowtown playas del coco • www.RealtyGuanacaste.com

$219,000

Tel: (506) 8893-4850

F

O

R

S

A

L

E

Volcano View Residencial Lots GUAYABO, BAGACES

Lots From $17,000 • Gated community • Volcano Amazing views • Nature friendly community • All services available • Direct acces from National paved road • Lots: 2,675 sqft to 1 acre • Ready to build • All lots are titled • www.RealtyGuanacaste.com

• Comunidad de acceso controlado • Increibles vistas al volcan • Comunidad amigable con el ambiente • Acceso directo desde Ruta Nacional • Lotes desde 250 m2 • Listo para construir • Email: ocmaroto@gmail.com • Agent: Carlos Maroto

Tel: (506) 8826-6550

WWW.RoosterRealtyCR.com

F

O

R

S

A

L

E

Large Ocean View House, Ocotal Jewel PLAYA OCOTAL

$495,000 Located in the quiet Bay of Ocotal, 30 minutes to the Liberia International Airport and CIMA Hospital, 3 minutes to the beach. This exquisite house is perched on a mountainside overlooking the Gulf of Papagayo right to the mountain range in Nicaragua.

• www.roosterrealtycr.com

• 5 Bedrooms • 6.5 Bathrooms • Turn key • New furnishings • Vaulted ceilings • 6.000 sqft in construction • All appliances included • Multiple decks, Infinity Pool • Maids quarters, double garage • Separate entertainment room.

Tel: (506) 8991-1843

german@roosterrealtycr.com

F

O

R

S

A

L

E

Vista Ocotal Phase 2 / PLAYA OCOTAL

$275,000

•Preconstruction • 3 or 4 Bd • 3 Bathrooms • 1251 sqft • Furniture package available • Association Fees: $275 p/ month • Agency: www.roosterrealtycr.com • Agent: Germán Valencia • www.roosterrealtycr.com

Tel: (506) 8991-1843

F

O

R

S

A

L

E

Ocotal Beach Villa / PLAYA OCOTAL

$399,000

• 3 Beds , two story • 3.5 Bd • 2800 sqft • Pool • Gated Community • Steps away from beach • Lock out bottom unit studio • Ferniture Package Available • Agency: Rooster Realty • Agent: Germán Valencia • www.roosterrealtycr.com

Tel: (506) 8991-1843

F

O

R

S

A

L

E

Ocean & Mountain View House / PLAYA OCOTAL •2 constructions •5 Bd • Clear Title • Smart Design • Great Infrasturcture • 30 Minutes From Airport • Agency: Rooster Realty • Agent: Germán Valencia • www.roosterrealtycr.com

$495,000 Tel: (506) 8991-1843

KELLER WILLIAMS - Costa Rica

F

O

R

S

A

L

E

Casa del Sol #6 / PLAYA PENCA CONDO • 2 Bd, 2Bath • 1100 sqft • Gated • Pool View • Furnished • Agent: Allen Lungo

$239,000 Tel: (506) 8888-8123 / 2654-5460

F

O

R

S

A

L

E

Oceanica #805 / PLAYA FLAMINGO CONDO • 2Bd, 2Ba • 1400 sqft • Ocean View, Private Terrace • Resort Pool • Furnished • Agent: Allen Lungo

$399,000 Tel: (506) 8888-8123 / 2654-5460

F

O

R

S

A

L

E

Casa Royale / PLAYA PENCA • Surfside Oceanfront Home • 4 Bed, 4 Bath • 6996 sqft, Pool • 4 Car Garage • Furnished • Agent: Allen Lungo

$475,000 Tel: (506) 8888-8123 / 2654-5460

Consultoría -Anteproyecto -Planos arquitectónicos, estructurales y electromecánicos -Dirección técnica -Inspección -Avalúos

Instalaciones especiales -Electromecánicas -Aire acondicionado -Sistemas de alarmas -Sistemas contra incendios Otros servicios -Ploteo de planos -Perspectivas y 3D

Construccion -Horizontal y Vertical -Movimientos de tierra -Infraestructura -Piscina -Ampliaciones y remodelaciones

Tel.: 2670-0810 // Fax.:2670-0814 // Playas del Coco, Guanacaste Email.: constructora.zaylo@gmail.com

IM Real Estate

Villas Green Life for RENT and SALE! Charming Vacation Home -2 bedrooms - sleeps 6 -2 full baths -Comfortably fully furnished -Living areas with Flat TV -Wifi - A/C -Big swimming pool

This beautiful home is located only a minute away from the stunning beach. It is conveniently close to a several restaurants, outdoor cafes, art galleries, artisans and souvenir shops.

2670-1714 // 2670-1712 // From US & Canada +1 (305) 851-5116 www.costaricadeal.com // costaricadeal@gmail.com

// Purificación de Agua // Diseño y Construcción Electromecánica // Consultoría en Infraestructura y Arquitectura Tropical

2670-0853 /ext.115 : Coco-Tap-Water info@cocotapwater.com

LABOR LAW Labor Law Corp is a boutique ďŹ rm specializing in labor law with an emphasis in advisory, consulting and labor litigation, primarily geared to serving medium and large local and multinational companies.

LLC has a long and prestigious track record that has enabled it to set up strategic partnerships with prestigious law ďŹ rms around the World, by means of which it operates under the concept of ONE WORLD, ONE OFFICE. Our Services are: Corporate Labor Advisory Labor Litigation Corporate Labor Consulting Business Training

REAL ESTATE If you aim to buy a property in Costa Rica, there are a few aspects you must consider before taking action.

Whether your acquisition can be considered an occasional transaction or real estate is the core of your business, conducting a proper investigation of the property, identifying potential risks arising from the purchase and selecting the right form of transfer are vital to a successful and secure acquisition.

Our Services are: Real Estate Due Diligence Notary Procedures Advising on processes of real estate acquisition and development projects

(506)2291-7190

info@laborlawcorp.com

www.laborlawcorp.com

We take care of you,

your family and your clients Quick Response Ser vice Best Units & medical equipment 24/7 Emergency Care Ground & Air Ambulance

FIRST AID & CPR COURSES

Class A Hospital Care

Phone: +506 2670 1235 / Mobile: +506 8308 9986 Email: info@mediredcr.com / Web: www.mediredcr.com