Why is the Guanacaste real estate
market strong?
The Guanacaste area is
one of the most robust markets in all of Costa Rica.
Every investor knows that market demand increases
with ... Read
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Is the worldwide financial crisis having an adverse effect
on the Guanacaste market?
Without a doubt, the effects are being felt, but in surprisingly varied ways.Flights and passenger traffic have declined by single digits in 2009 over 2008, less than would have been expected. Rental rates also have declined as vacationers are offered better deals for their money worldwide.
...Read
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Does
The Oaks have security?
Yes. The Oaks is a gated community that offers
security 24 hours a day, 7 days a week. In addition
to parking guards and roving externa...Read
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Is there
a rental pool?
No. THE OAKS is primarily a residential community.
However, our on-site rental company will...Read
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Does The
Oaks offer property management?
Yes. As a service to our clients, The Oaks concierge
service offers rental management and property
management services for a low 15% of renta...Read
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How is
the rental market for The Oaks?
We originally thought that the rental market in
the neighborhood of The Oaks consisted mainly
of long term rentals, ... Read
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Is financing
available?
We have worked closely with a major international
bank to offer 25 year mortgages with interest
rates fixed for the first five years to U.S...Read
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What about
closing costs?
The conventional wisdom, taken from the Table
of Registry Rights, Stamps and Taxes, and the
Fee for Lawyers and Notaries, is that closing
costs, including title insurance...Read
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How much
are annual real estate taxes?
Real estate taxes in Costa Rica are ridiculously
low, 1/4 of 1% per year on a property'...Read
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How much
is my maintenance fee?
Your initial maintenance fee is $172.50 per month, which includes 24 hour security, a concierge service, maintenance of the public areas, and insurance on the common areas....Read
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Is there
a capital gains tax the sale of my unit?
In Costa Rica, there is no capital gains tax.
Compare: Panama 10%, U.S. 15%, Mexico 32%. For...Read
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Anything
else on taxes?
Yes, actually. If you form a Costa Rican holding
company, sale of the shares of...Read
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Normal disclaimers
that our lawyer loves:
Please consult your tax attorney and accountant
for personal tax planning, as individual...Read
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