Nature’s Bounty – Business

If you’ve gotten this far into the presentation, I will assume that you are informed on the breadth and width of the property and that you are wondering how one goes about visiting the property with a view to buying it. Here is what setting up a visit and buying this property looks like.

You email me. I am currently in California, U.S.A. We set up a voice call consultation, after which, if you are wanting to take the next step, we set up getting you, and perhaps, us, to see the property.

At this time, we U.S. people, can fly into Costa Rica with the following caveat – You must be insured specifically for the time you are planning on being in the country. Here are some resources for getting the right type of insurance:

  • Trawick International
  • INS: https://www.grupoins.com/seguros-para-viajero/seguro-viajero-ingreso-costa-rica/
  • Sagicor: https://tiendasagicor.com/en/
  • BlueCross BlueShield: https://www.bluecrossblueshieldcr.com/rod

We can structure the showing and purchase of this property a number of ways.

Direct Purchase

You and I set up a voice call and discuss the property. If you are still interested, we set up your travel to view the property. Paul (seller) lives on the property and is a heck of a nice guy. He and I can assist with the various aspects of going to Costa Rica to view a property: pickup at the airport, car rental, lodgings, general “how-to” info. Paul can show you the property and you can make your decision.

If you decide to go ahead with the purchase of the property, you can work directly with Paul. I will be available for consultation and guidance through the process. This is the least expensive of the options as it does not have a commissioned real estate agent involved, while still having the services of said agent included.

Paul has a knowledgeable and long-time lawyer prepared to take care of the legal aspects of things. You will have the option of using your own lawyer. If you don’t have one, and prefer to have your own lawyer, I can help with this as well.

I am representing the seller. My name is Ben Vaughn. I am the primary author of this blog and I have 15+ years of experience in Costa Rica real estate and 20 years experience (almost to the day, as it turns out) of living in Costa Rica. I moved back to the States unexpectedly due to the premature death of my brother, who was taking care of our aging mother.

My relationship to the seller goes back some years. He and I have decided to utilize my being in the States as an opportunity for States based buyers to easily be able to do some of the preliminary footwork in shopping for a property in Costa Rica’s southern pacific zone.

Over my years in real estate in Costa Rica, I have dealt with numerous buyers who are interested in exactly what this property offers. With the current world conditions, I see the value of what this property offers as extraordinary.

Cost estimates to complete the house.

Currently the house is unfinished and is a work in progress and will require about $100,000. Dollars to complete the inside and some landscaping.  Cost estimates are as follows: 

  1. Tile for downstairs:  Kitchen and living room, bathroom, laundry room, dry room hallway – $8,000.00 Installed.
  2. Finish office walls, floor, tile and install stairway to master bedroom,                                                          $5,000.00 installed.                 
  3. Add bedroom hardwood floor                 $3,000.00 installed.
  4. Finish two bathrooms, with tile and utilities, add Cabinets, Mirrors, labor, etc.                                                           $ 10,000.00 installed.
  5. Kitchen Cabinets—                                      $4,000.00 installed. 
  6. Kitchen Tile for sink, shelf and bar —         $2,000.00 installed. 
  7. Buy 11 wooden doors  —-                           $4,000.00 installed.
  8. Paint exterior house—-                                $4,000.00   
  9. Varnish all outside wood under roof.–         $1,000.00
  10. Add stairway railing to apartment and varnish two hardwood floors.                                                                    $2,000.00 
  11. Tile outside around house                          $3,000.00 installed.
  12. Finish Electrical, house, carport, bodega  .$5,000.00 installed.                                                        
  13. Install rain trough, finish trim.                    $2,000.00 installed.
  14. Add deck guards, benches, and deck tile.$2,000.00  installed. Fire place  (finish)                                               $2,000.00  installed.
  15. Dry room shelves.                                            $1,000.00
  16. Install 500 liter water tank with motor and controls to regulate water pressure.                                                                      $500.00  
  17. An additional $44,000.00 to outside by adding a Rancho and doing some landscaping.  Rancho. with bathroom and Kitchen.30,000.00 
  18. Landscaping. $10,000
  19. Misc. $3,500
  20.         Total—————————————————$100,000.00

Labor costs in Costa Rica are low in comparison to USA .

Local worker about $3.00 per hr.

Carpenters, tile layers $3.00 to $5.00 per hr.

Electricians from $8.00 to $10.00 per hr. 

The house is currently unfinished and is a work in progress. Sale price will be adjusted upward upon completion of each project listed above.

Using a Real Estate Agent

It may be that you will want to view other properties that fit your criteria. I can help with this as well.