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Who is asking ?

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I did the exercise with the software, and the value for the house would be just a little under the construction cost. I started building in 2006 as well. I chose the value of the type VC07 3 years old and I had a 138 square meters construction. (more or less 1500 sq foot)

On the contrary, the value of the swimming pool was 1 1/2 times the cost 3 years ago. That includes the surrounding concrete terrasse and the bodega for the machines.

About the price of the market, all depends where the property is.

I have wanted to ask why on that software there is no option to value other improvements such as wall gates, grass land etc… maybe because if the house doesn’t range to the 100M colones, one doesn’t have to value other things.
Anyways, I liked the option to print everything if eventually the inspectors come to my property.
Hope it helps

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David, What I understood is if your property doesn’t range over the 100 M colones, you DON’T have to fill those papers, and if it does, then you have to submit and then pay the luxury tax before december 31st

So if you could fax your papers, now how will you pay that tax ? Do you have an account with Hacienda ?

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Once at the immigration, the lady checked all the stamps and said:” Well you have been coming here very very often !!” and I said, yes it is because I love it so much here, there is nowhere else I’d rather be.
She smiled and said: Muchas Gracias y muy bienvenida !!
She stamped my passport again and let me in…
I’m in and out of the country 2 or 3 times a year so my passport is full of Costa Rica stamps !!!:lol:

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Hello,
I had my Mitsubichi radiator changed last year. I usually buy new parts when something needs to be changed, but I don’t know if my mechanic bought a new one or not. Anyways, he changed it, charged me 120 000 colones and I never had any other problem.
I’m not in San José area, but I think Scott’s mechanic could take your car to his taller himself, and the price range should be more like mine than yours
Good Luck:!::)

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AnnBing,

I don’t disagree with Lisle55, and I have nothing for sale. I started coming to Costa Rica in 2000 and I have seen properties out of price, others reasonably priced, and some very cheap ones. It’s been like that for all those years. You cannot compare CR situation with any of the other countries.

The first crisis I have seen with desperate sellers is when the Brothers and the Cubans fell down in 2002 (Another story) But at that time, many americans, canadians etc were found without money, HAD to sell quickly, and that crisis last about 6 months. WHY? Because those who invested were found without money, without equity and had to go back. But it was just a few people who were not so smart investing all they had in that ponzi scheme. The majority of people just swallowed their pride, and carried on.

I think the majority of people who invested in RE in Costa Rica were smarter, and what you see now are just the few ones who were caught in the economic crisis because they did not do the numbers well in the first place. That is what makes me think if you want to buy something cheap, buy now because those who are not in distress sale mode right now, will not be in the next months either.

Ticos are not in a worse situation than they were last year, and Gringos who are in a precarious situation already made their move. To my opinion, prices will freeze maybe for some «MOONS» because the stranger doesn’t have the money to buy right now. But I don’t think the economics will be as bad in Costa Rica as it is in Europe or North America.

As I said, it is just the opinion. I am very happy with what I bought, would not sell it for anything in the world and to be truly honest, I don’t wish to see a new neighbor be someone who just took advantage of the poor to buy his place in paradise, not just to enjoy it, but to make a profit out of it.

Good Luck
Jo

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Shanon, With the TLC just passed, in a 2 or 3 years perspective chances are internet will be much better with the existing company, or they will have serious competition !!!
I don’t see any ethic problem for you living on a tourist visa and work on internet during your stay. That would mean taxes are paid in the country where you earn the money. I’ve had internet contracts during long stays in Costa Rica, and the only difference that I can see compare to working from home, is the sun, palm trees, sound of the ocean… since one has to work, why not have fun while working !!!

Before making a definite move, I would suggest for you to rent for a few months, and see how you feel and like different places….you will find what’s good for you

I think your project is great, good Luck
Jo

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Thanx Bandera for the lawyer refferal but what I needed was NUMBERS.
I must not be the only one who reads this forum and have a concession property. How much do you pay in yearly fees for the concession ? And does that price seem fair to you. If I am the only one to find it very expensive to pay 20 times what it used to be, I will just shut up and pay the bill !!!
Tnx Jo

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Thank you Scott for your reply, and I know what a pain in the … all those paperwork are. and since I couldn’t thing of living very far from the beach, I had no choice but deal with concession stuff…But Gracias a Dios, it worked out well since I have the concession approved now….

I was not really looking for any legal advise. I have seen many people from Palo Seco, Esterillos, Bandera who are all part of Parrita municipality. Many of them have concession and I would like to know if they all pay as much for their annual fee, and if they bought with a concession already approved, maybe a few years ago, it was not so expensive, and maybe they will be surprised at the renewal.

I have Tico friends who have properties, houses on those beaches, and never heard they had such a big bill every years. I would also apreciate to know how it works in other municipality. Is it up to each or is there a standard regulation for those fees

I’m not the kind to fight the autorities without reason. I came here to be in peace, have fun and enjoy the Pura Vida…..If I cannot afford the price, I might just have to sell and leave, I just wish it could be otherwise…
Thanx Jo

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Hola, I have bught 2 small ones for myself and after explaining what I needed, it was delivered at the airport when I arrived. He has a company where he sells caja fuertes and alarm systems. I found him to be profesional and has good prices. His email: Demersjj@yahoo.com don’t have his phone number here.
Good luck
Jo

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From Arenal to Manuel Antonio, the roads are good now, slthough I would recommend driving during daytime. From Arenal you go to San Ramon and once on the main road you can either drive towards Athenas and take the Aguacate, or towards Puntarenas where you take Esparza’s exit, drive the back road and follow indications to Jaco. Both roads have great sceneries and can be done with a car and not a 4 X 4
Have a good trip
Jo

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Thanks ArdenBrinks, this is what I tried to say in my bad english…. and John, was your sawmill/drying/millwork business in Costa Rica ? If so, what can you tell me about how hard it is to fin almendro madera in Costa Rica ?
Thank you Jo

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Having built recently, I have to agree with crhomebuilder that sealing the building is very important. Besides, wood flooring seems more cozzy, more tropical and to my opinion, it looks nicer than ceramic.
A good compromise would be to have ceramics on the ground, and wood on the second floor. This is what I did and my second level’s floor is my first floor ceiling as well.

That said, I don’t know if you can find almendro anymore. It is prohibitted to cut those trees and we couldn’t find any when I made the floor, or other wooden items. There are other kinds of wood very well fit for your needs though.
Good luck with your construction
Jo

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Costaricafinca, I’m sorry if I led you to understand otherwise, but my friends bought an existing B&B. They signed the residency papers while they were in CR and started operating their business right away. I did not see anything against doing it on the link of ARCR link you submitted before in this thread. It says now the minimum investment is 200 000.00$ I don’t know how much it was 5 years ago, but I know they were legally permitted to work and operate their business.
I just thought my comment could help these people who wants to come to Costa Rica with the intent to work here. I know that with a rentista o pensionado residency status, work is not permitted. Just wanted to highlight another option
Hasta Luego
Jo

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Hola CrFinca,
In the example I gave, my friends were permitted to serve, clean, cook etc. I think you are right when one asks for a pensionado o rentista residency, they are not permitted to work, but in the case of inversionista, I think it is legal. But as I said, I’m not an expert.
Jo

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