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We are proud to announce that earlier this year, 2 Costa Rica was given the distinct honor of being named to the Board of Regents for the Luxury Real Estate Network. The following is a press release from Luxury Real Estate outlining the honor. LuxuryRealEstate.com ...[Read More]
The most recent FAQ. Costa Rica Real Estate Market present state. What was the past season like? Well, initially, I wanted to write that the past season was really slow. But then, Ii occurred to me that, this is only true with regard to the offers, and ...[Read More]
The severe economic downturn in the States and Europe has impacted Costa Rica as well. Condo and subdivision development have slowed dramatically and in some parts along the Pacific coast, American second-home buyers, now strapped for funds, are selling ...[Read More]
Cash is no longer King as the dollar continues to lose strength. Oil has doubled from its recent lows, which will eventually translate into real world evidence of your declining purchasing power at the pump or the grocery store. It is time to move your ...[Read More]
By the A.M. Costa Rica staff
Expats can be forgiven if they are confused by the new luxury tax on homes. Even some Costa Ricans who participated in drawing up the law are confused, too.
The biggest issue appears to be if land should be included in the ...[Read More]
By the A.M. Costa Rica staff A news story Monday about the tax on luxury homes that went into effect Oct. 1 has generated lots of questions. Not all of them are answered easily. Here are 20. 1. Is this a tax on Gringos to drive us out of the country. Nope, ...[Read More]
By the A.M. Costa Rica staff Most expats who own what the government categorizes as a luxury home probably are unaware that they are subject to a special tax Jan. 1 The tax has been the subject of many newspaper articles, including several when the measure ...[Read More]
Well, the Marina Pez Vela project has been a decade in the making and anyone who is remotely familiar with the area has probably heard the myriad of rumors surrounding this landmark development. As a local resident and professional in the area, I have ...[Read More]
Hi guys, As per our email a few weeks ago regarding buying a new washing machine for Green Forest of Coco Beach community:- After the last repair, the washing machine finally died beyond repairs and we had to buy a new one. We bought a semi-industrial ...[Read More]
Ahh, Costa Rica, the land of opportunity for so many foreign and local investors. While the glory days of buying land for nothing and selling it at what seemed to be an ever escalating rate of appreciation have come to an end, the reality is that Costa ...[Read More]
Good news for Latin America: a new United Nations study projects that the region's economy will start recovering in the second half this year, and that it will grow by a respectable 3.1 percent next year. Before getting into whether the forecast released ...[Read More]
The new immigration law has had its ups and downs. Now the final, final version has been approved by a legislative committee again and is about to be subject to a vote on the floor of the Asamblea Legislativa. Approval is highly likely.
The Comisión ...[Read More]
You mortgage your own property! A surefire way to protect your real estate here
By Garland M. Baker Special to A.M. Costa Rica
Behind every palm tree there is someone lingering to steal a property one calls home. Costa Rica is a win-lose society. This ...[Read More]
By the A.M. Costa Rica staff The full legislature is expected to discuss and possibly vote Monday on the new immigration law that has been the topic of so many expat conversations. A committee is believed to have eliminated many of the sections that expats ...[Read More]
By the A.M. Costa Rica staff The Sala IV constitutional court has ruled against the Sardinal-Playas del Coco water pipeline. The court, in a decision released Thursday, said that construction of a pipeline violated the constitutional rights of the residents ...[Read More]
By the A.M. Costa Rica staff A watchdog agency, the Contraloría General de la República, has taken issue with some of the permits for water service granted for the controversial Sardinal-Playas del Coco water line. The permits were approved ...[Read More]
By the A.M. Costa Rica staff The Contraloría de la República released Monday a scathing critique of the controversial Sardinal-Playas del Coco water line project and said that it has discovered serious faults and omissions in the legal process. ...[Read More]
29-Oct-2008 Dear Serguei, To the Owner of Las Torres del Coco studio, I have a good news and a bad news for you. First a good news - Grupo Mapache which is in charge of construction of the complex is planning to do the closing for Las Torres in a month. ...[Read More]
By nicaraguanpost Published July 16th, 2008 No previous U.S. generation has seen the world change faster and more dramatically than the 76 million Baby Boomers. If you’re one of them or in the same range, you understand that for many there exists ...[Read More]
Six years of hard work have turned us into the company we are today, MerKapro , a consolidated Commercial Real Estate services company in the market of Costa Rica. Such consolidation has thrived us in the venture of new frontiers, in a market that is becoming ...[Read More]
Over the past few months, I have been amazed at what has become an emerging monster in the commercial real estate market here in Costa Rica. One after another, Fortune 500 US based transnational company are, like so many of our investors, looking for a ...[Read More]
The Coco Marina developed by the Asociacion para el Desarrollo de la Marina del Coco (ASODEMAC) has obtained the authorization to operate by CIMAT. Previously, SETENA aproved the environmental impact study so right now the project is just awaiting the ...[Read More]
Houston Airport Systems (HAS) has reached an agreement to purchase all of Alterra Partner´s shares and take over the ongoing renovation of the Juan Santamaria Airport. HAS is the current administrator of three airports in Houston, Texas which handles ...[Read More]
Avenida Escazu is the newest and most ambitious project to ever be developed in the capital city of Costa Rica, San Jose. This project was awarded as the Best Master Plan in Costa Rica in 2006 and is currently full under construction and promises to change ...[Read More]
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