Ocean View Luxury Condos For Sale at Flamingo Beach – Extraordinary value from an extremely experienced and well funded developers with a proven track record of delivering quality real estate.

At the Grand Opening of this new Flamingo project last weekend, 30 excited people attended and bought 28 properties in two days.

This is a remarkable preconstruction offering and if you have ever dreamed of owning a luxury, Pacific ocean view condo in Costa Rica but thought you could not afford it, this is a ‘must-see!’

This luxury real estate condo project located in Flamingo, Guanacaste, within 200 meters of the lovely beach of Potrero Bay, and just 800 meters to Playa Flamingo and Playa Brasilito is unique in many ways:

It has been designed and is being developed by native Costa Ricans, very influential people who have been recognized as leaders in business law and real estate development.

Unlike many of the cookie cutter type real estate developments in Costa Rica that look like they could be practically anywhere in the world, the developer Roberto Facio explains that this will be an “an authentic experience of Costa Rican life and culture, a celebration of its art and people” and “We wanted to create a community that embodies this passion for life, art and culture in every aspect of living, from the amenities to the service into the architectural elements.”

At the Opening, everyone was impressed with the professionalism of the whole weekend, and of the people who were involved with the community — we met everyone. The experienced developers, the in house management/rental office company, the legal department, the designers, the lady heading the non-profit center for the arts program, the finishes, the location, the amenities, the terms, the perks and…

At US$210 to US$376 per square foot for everything that’s included, this is truly an amazingly affordable, extremely luxurious Costa Rica real estate investment.

There will be four eight storey condominium buildings with 200 two and three bedroom apartments and at a later stage, there are plans for an additional 64 two and three bedroom town homes. The first floor condos (which is above the underground parking) facing the bay (but no bay view) have a huge patio.

The US$376 per square foot condo will be the spacious 3,522 square foot luxury penthouses which – like most of the other apartments – will have simply spectacular marina bay views! The residences above the first floor have very large outdoor terraces.

With pre-construction prices starting at $299,000 – these are the most attractive, best value luxury real estate condos that we know of anywhere along the Pacific coast of Costa Rica.

Based on the previous track record of this proven developer, we know this will be a truly luxurious community offering Five Star amenities and services including: a beach club, world class spa, artist galleries with an artist-in-residence program, studios, shops, outdoor cafes and restaurants, swimming pools, meandering walk ways with fountains, 24/7 service and security, within 200 meters to the ocean.

Practically next door to where the new Flamingo board walk and marina will be, with large terraces, upgraded finishes with stainless steel appliances, washers and dryers, granite kitchens, marble baths, tile floors, 10 foot high ceilings, quality cabinetry, underground attached parking with storage, common power generator for the building and many more amenities.

Most of the new upscale communities coming into the area like the Hyatt, The Ocean Club, The Rosewood, The Ritz Carlton are priced at around $800+ per square foot. Others are coming in but they have not ‘leaked’ their pricing yet, but we would imagine they are going to be similarly priced.

So at these prices – which are available for a limited time only – these are the most attractive, best value luxury real estate condos that we know of anywhere along the Pacific coast of Costa Rica.

There are two water wells on site and the developers already have their water permits and all the other permits they need: the SETENA (Environmental Technical Secretariat) environmental permit, the MINAE (Environment and Energy Ministry) permit and the INVU (Home and Urbanism National Institute) Urban Planning permit and they will also be building a water treatment plant.

In addition to all of this, their special ‘Founder’ terms could help you save (and perhaps make) a small fortune. Terms like these are not offered by anyone we know of in the area and this unique and extremely attractive offer is good only until the end of June 2008.

1. Your agreement is assignable which means that at any time before you close, you can ‘sell’ your residence and transfer the contract. The developer is planning on raising prices next month, and incrementally thereafter. So if you are a real estate investor who chooses to sell your condo before closing, you might make a tidy profit without having to invest the whole purchase price beforehand. Most developers insist you close before you sell, otherwise, they are in competition with you to sell their remaining homes.
2. Ocean view square footage prices start at around $300 range!
3. Your progressive payments throughout construction only total 45% of the purchase price. Most of the time the progressive payments total 70 – 80% of the total price!
4. You are offered membership to the Club or $10,000 whichever is less.
5. You have a 72 hour right of refusal should you change your mind. Your contract will be cancelled and your entire $10,000 deposit returned.
6. Your investment is protected: You may receive a full refund of all your deposits, if you so choose, if construction has not commenced within six months. The Escrow Company, Stewart Title, will release the initial deposit and first payment to the builder only after verification that the construction of the project has started to insure funds would be available should construction not begin and a purchaser would want to cancel and receive a refund.
7. Founder’s members will have first right of refusal in any and all future properties of the developer.

We are very excited to be representing this uniquely Costa Rican project which is being built by extremely experienced and well funded developers with a proven track record of delivering quality real estate at the beach in Costa Rica.

We would strongly encourage you to come check this out before the end of the month (the developer will even pay for two nights lodging for you) so please use the simple form below to contact us and we’ll help make the arrangements for you. Hope to see you soon – We really can’t see how you would ever regret it!

Written by Scott Oliver, author of How To Buy Costa Rica Real Estate Without Losing Your Camisa and Costa Rica Recommended Realtor Nancy Ashley who covers the geographical area from Hacienda Pinilla to Playa Potrero – an area where quality real estate has appreciated by an average of 107% over the past 18 months.

If you have a serious interest in buying one of these remarkable luxury condos in Flamingo and would like more detailed information, please contact Nancy Ashley and Becky Clower, our Recommended Costa Rica Realtors in this area, please help us to help you by using the simple form below:

Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.