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, … Read on...
It’s one of the most popular questions we, the Guys In The Zone, field— “What’s been selling? We get this question from both buyers and sellers. Generally speaking, the answer is— great deals.
PRICE
Price is the #1 determining factor for a great deal, but there is another factor that is equally important— … Read on...
It would seem that life has settled into a routine now in our “new world” setting here in Uvita Costa Rica. What’s it been, 2 years since the global economy went into the stink house? My how time flies. Our real estate company is cooking right along actually doing … Read on...
Half of my family is from Canada, eh. My mother grew up in Newfoundland until the age of 13 when my grandfather found work in California. The extended family that stayed behind, some later moving to Ottawa, would frequently visit us in the San Francisco Bay Area, especially during the cold, winter months.
A few … Read on...
I just received an e-mail from a reader that shamed me into sitting right down and writing.
I have read your face book page and articles on the tax issue there.
I had been planning to take a trip in March in the hopes to travel to Domincal and Uvita … Read on...
So, I get this great e-mail from some super in-the-know real estate guys the other day that answers a number of my questions regarding the new Luxury Tax law. After this “clarification” I post to my Facebook page and Tweet the news where I stated “I have determined that the new Luxury Tax in Costa … Read on...
There is a new law that has now quietly come into force in Costa Rica. It is being called the “Luxury House Tax” or a facsimile thereof.
I now have it on good authority that there is mass confusion about this law by the few that have even heard of it. I am one amongst … Read on...
The Mysterious Disappearance of the “Equity Buyer”
It doesn’t take a real estate tycoon to figure out the primary reason for the decline in Costa Rica real estate activity— the disappearance of the “equity buyer” [noun- a mortgage holder who uses the amount of ownership built up through payments and appreciation to purchase additional real … Read on...
I think that in every real estate transaction that I have been involved in here in Costa Rica, the buyer has opted to use a Costa Rica corporation to purchase the property. I have explained the pros and cons various ways when asked, but I don’t think that I have ever put it as well … Read on...