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Let’s Talk Value in Costa Rica Real Estate Retire Early to Costa Rica – Comments on a WSJ Article The Start of the Costa Rica Real Estate Season 2012 Cars in Costa Rica Talk Show 16 – Construction
 
Let’s Talk Value in Costa Rica Real Estate

Let’s Talk Value in Costa Rica Real Estate

“How much is my property worth?” Right from the Guys in the Trenches.  Here is how we evaluate property, and where we/I think property values are going. Please note that this article is written by me, Ben, and that these ideas can vary from one real estate professional to the other, even within a single office. [...]

Retire Early to Costa Rica – Comments on a WSJ Article

Retire Early to Costa Rica – Comments on a WSJ Article

Perfect Profile of a Costa Rica Real Estate Prospect An article by a transplanted expat to Playa Naranjo: "How I came to live on the Pacific coast of Costa Rica is a story about early retirement, tight budgets and lots of planning." I've copied some parts of the article here, and I'll make comments on these points, but I encourage you give it a read in its entirety by clicking over to the article. I've put the link in the main article. Even the title I find to be right on the mark: "Best Place to Retire Early" typifies so many folk that we talk with these days. How Big is Costa Rica? Is Costa Rica Expensive? What about that famous Costa Rica coffee? Etc... The comments at the end are a good read as well.

The Start of the Costa Rica Real Estate Season 2012

The Start of the Costa Rica Real Estate Season 2012

Buyer Profile 1: The global economic crisis seems to have inured to our benefit. People are saying “I’ve had it” with wherever they may live (lots of Europeans in the mix, as well as Canadians and US’ians) and making the move to Costa Rica. A rather new buyer’s profile for us are the younger families that are not in the financial condition to move to Costa Rica, at least in the old “retiree” manner. These younger folks are coming here as a direct result of unpleasant conditions “back home”. So, they are looking for income generating properties. Over the last month or so, Rod & I have dealt with about 3 of the following type requests. These buyers are looking for: An income generating property Room to build several cabinas Room for a small restaurant Room for a main living abode for the buyers Budget of $200,000

Cars in Costa Rica

Cars in Costa Rica

When we foreigners first hear about the amazingly high tax rate on cars, we are shocked and wonder at how can that be? This is lunacy! There must be some way around it. First off: there is no way around it, and as for the lunacy part, perhaps. But there is a rather twisted sort of logic that I’ll go into later that may help to explain this. What kind of car to own? Observations and suggestions.

Talk Show 16 – Construction

Talk Show 16 – Construction

Even though we call it Talk Show 15, this is indeed the 16th Episode of the Guys In The Zone Talk Show. This episode delves into the topic of construction in Costa Rica. Ben, the founder of Guys In The Zone, interviews Matt Callero of Mango Construction (mangoconstruction.com). Matt offers some answers to the popular [...]

Crime is Going Down in the Zone

CAP Meeting in Uvita

The bad guys, the criminals, are getting caught and thrown in jail here in The Zone, and the quality of life is in an upwards trajectory.
This morning was our monthly community meeting of CAP (Crime Awareness and Prevention). I can say that I am truly proud of this little group of giving [...]

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Posted in Crime, News0 Comments

Use Your Brain

I subscribed to a new blog on my Kindle last night.  I am now paying .99 cents a
month for content that can be seen for free by going to  www.sharpbrains.com
I am willing to make this investment cuz, as many of you know; I am finding that there are brain changes afoot at this period in my [...]

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Posted in Just for Fun, Personal1 Comment

Retire Early to Costa Rica Part 2 The Cost of Living

I am one of those guys that doesn’t pay much attention to what stuff costs at the grocery store.
What I do pay attention to is when something is outrageously expensive, like walnuts, and cheese. Peanut butter is prohibitive and only the not-good-for-you-hydrogenated-oils-added type is available anyway. This is a bummer for those of us that thrive on peanut butter on bananas. Here we live where bananas grow like weeds, and there isn’t a decent source for quality peanut butter. Give me a break! Such are the ironies of life.

Electricity is expensive here, and as with so many things here in Costa Rica, the powers that be are saddled with the challenge of two extremely different economic strata living together in one country.

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Posted in Info & How To's, Relocation0 Comments

“Cash Is King” In Costa Rica Real Estate

The inspiration for this post came from a recent article fed from LinkedIn.  The title was “38% of Homes Purchased in 2011 Bought with Cash.”  I thought to myself, 38%?!  That number seemed high, so I did I little more research.  According to another article in USA Today, that number was as low as 12% [...]

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Posted in How to buy, How to Sell, News, Relocation0 Comments

All About Golf In The Zone

Instead of going belly-up and hurting all those who put their belief in the words of dealers (such as yours truly), and who bought untitled land there, the GITZL shareholders got together and prioritized… (now prepare yourself. We are talking here about behind the scenes corporate maneuverings, in an effort to make vast sums of money) – the wellbeing of those who had bought land in the project. The shareholders, at personal expense, allowed the project to go to the primary shareholder without a struggle. This primary shareholder, of his own volition, felt that it was important to protect the land owners there, that their ownership would be recognized and guaranteed.

I know, you’re thinking that you have stumbled upon a science fiction account of life on another planet. But you haven’t, and this is not. What you are reading is a firsthand account of my observations over the past 4 or so years. I am also one of those shareholders who lost in excess of $100k in the process (but who knows? The fat lady has not yet sung.)

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Posted in Ethics, Golf, Land For Sale, News0 Comments

Is The International Airport A Reality?

A week ago, I was reading the Tico Times and the headline “Liberia Airport Renovation Nearly Finished” jumped out at me. It’s only been nine years since that airport opened, and now it’s getting $41 million dollars worth of renovations?? I had to figure out why, if only because it might offer a flash forward [...]

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Posted in Ethics, News, Projections0 Comments

How To Get Rich in Costa Rica Real Estate

How To Get Rich in Costa Rica Real Estate

The popular movie series of the – what was it – the nineties, eighties? Well, whatever it was, Back to the Future illustrated well the point that knowing what is going to happen in the future is key to making a lot of money. The problem with this tidbit of obvious investment data is that [...]

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Posted in Info & How To's, Projections, State of the Market0 Comments

Relocation FAQ

I just received some questions from a connection that I made in the Social Media site LinkedIn. I am reprinting these here due to the increase in these types of questions lately. I’m sure that these questions, and their answers, will be of help to a number of our readers.
Location In The Zone:

We don’t want [...]

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Posted in How to buy, Info & How To's, Relocation3 Comments

The Wall 2011

Visiting Family:
It is one of the truly enjoyable aspects of living in a foreign land.  You have to leave the United States to be able to visitthe United States.

There is an obvious pleasure quotient to visiting family.  However, I suspect that my case is a bit unusual.  Here is what I get to do at [...]

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Posted in Culture, Just for Fun, Personal, Relocation0 Comments

Poll #1 Results – Top Reasons To Buy Property In The Zone

I was excited to find the Poll functionality on LinkedIn a couple of weeks ago. The question I came up with “What is the top reason to buy land in Costa Rica’s southern Pacific zone?” seemed like a good jumping off point for this regular feature on the blog. Although the sample size was small, [...]

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Posted in How to buy, Projections, Relocation, Taxes1 Comment

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