kimikins

Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • in reply to: Could use some insight into a possible purchase. #176673
    kimikins
    Member

    Hi There,
    I live near Manzanillo, and work in the Real Estate industry.
    The property you mention sounds as if it is a very good buy. Be cautious of “deals too good to be true” here though…
    Most of the Manzanillo area is in reserve. This means special permits to remove any trees, etc….and other important handling of the land including the fact that you can only develop (build on) 20% of the land you own. IF YOU OWN IT.
    Depending on it’s location, it may be within the 200m maritime zone which will mean you will not own title to the property. Ownership within the Maritime zone is right of possession, or concession.
    Read Scott Olivers book FIRST for more help with buying in Costa Rica. It is very helpful!
    I have nothing to say about the company involved as I have never heard of it. Caribe Sur is the reccomended RE company in the area as you will read in the book. This is where I am.
    With Regards,
    -KS

    in reply to: Can I set up a Bank Account in Puerto Viejo #176634
    kimikins
    Member

    Hello,
    Yes. We just opened our Puerto Viejo BCR bank account. Since we didn’t have3 all of our necessary coporate documents yet….we first decided to open a personal savings account.

    The manager of the bank is bi-linguel and very helpful.

    You will need your passport ID, a copy of a paid electric bill for where you live (doesn’t have to be in your name), and two written references from other BCR customers. They will need to know your physical address and other contact info, but will start the account with $100 deposit.

    It will take apx 2 weeks to get the debit card for this account.

    A corporate account is easier to start, as you do not need the references…

    Good Luck!

    -KS

Viewing 2 posts - 1 through 2 (of 2 total)