There is a lack of quality, finished real estate at the moment in the Escazu and Santa Ana areas of Costa Rica and understandably, many buyers are hesitant to buy into pre-construction projects because of the additional risks involved.

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Costa Rica Escazu Luxury Condo Video: To watch this short video, please click on the small gray triangular Play button in the middle of the screen below and allow a few seconds for the video to begin.

Let’s talk about what can and does happen at real estate projects, and talk about why would you take a risk when you can have first shot a project that is 100% complete.

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Here are a just a handful of the real estate problems we have seen:

  • Serious financial difficulties like HOA (Home Owner’s Association) debts passed on to new owners from the developer.
  • Amenities promised and never delivered such as building a gym, but not putting in the equipment or building a pool that never gets heated and then asking the owners to pay an extra $50K to heat the pool.
  • Buying in the first tower and then having 2 or 3 other towers built around you which make it like living on a construction site for 3-5 years and putting up with all the dust, the trucks and the noise.
  • Buying into the first tower and having the project fail and never completed.
  • Being promised a quality level that is not delivered.

Which is why we have been encouraging our Costa Rica real estate investments clients to focus on this extremely rare opportunity where you can avoid all of these risks and at the same time get a brand new condo and have your selection from 33 units.

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With this Escazu luxury condo project you get all of the real estate investment potential of pre-construction with none of the risk. This is a condo project – totally completed – that you can touch and feel 100% without being the second buyer.

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