Uvita Costa Rica is Growing

We are in high season here in the southern pacific zone. The months of November through April are typically when there are more tourists here than during the rainy months. There is another type of “high season” happening right now as well. This has more to do with world conditions. I know, those from the … Read more

February News

Property Tax Assessments – There is an interesting article in amcostarica about maritime zone property tax assessments being made by Aguirre.  Not mentioned in the article is the amount of the assessments being made either by inspection by the canton or when an individual goes in for the five year value declaration.  If the property is on the beach side of the road the valuation is made at 50,000 Colones per square meter, 30,000 for the mountain side of the road. A meter is 3.2 feet.  The tax rate is either 4% of that amount for residential property and 5% for commercial.

Speaking of property tax assessments.  Karen and I just went through the five year declaration.  Relatively painless.  Carlos, the individual we dealt with at the municipalidad, was very helpful.  Everything is computerized but Carlos had to access, adjust information on, and then print six separate forms.  The assessment rate,

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January News for the Zone & Costa Rica

I have invited a new guest author to my blog. Frank Walker puts out a newsletter once a month that I have subscribed to now for some time. I always find his depiction of the news enlightening and fun to boot. Plus I wonder just how the heck he finds all this stuff out.
~ Ben

Matapalo police station.
The new police station in Matapalo Costa Rica, just north of Dominical.

Matapalo

Police Station – The police station was dedicated earlier this month in typical Tico fashion with speech after speech from various officials.  There was really a nice turn out from the local community.  As promised the station is manned.  The other day I actually saw two police at the beach. They were chatting up two young Ticas whose shorts and tops were so tight it looked like they used spray on spandex.  Guess the two young officers were engaging in a community outreach program.

Loss of Businesses – Word has it that this will be Susanna’s last season to be open.  Under the new liquor law the municipalidad is hitting her up for something like US$250.00 per month for her liquor license.  Word also has it that Phillipe will be closing down.  Whether or not he is going to sell his pulperia or close it down is unknown.

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Hungarian Goulash and the New Costa Rica Drivers License Law

This question just in from a client.
 
Question: As you probably know Tarminda (name changed) and I are perpetual tourists.
 
There is a driver’s license article in the new Ballena Tales. I think it basically says that you can’t get a CR license w/o a Cedula (residency card). And, that if you are pulled over w/o a valid Costa Rica license, your vehicle can be impounded and your insurance is null and void, even if it is paid for.
Police will check your drivers license for validity.
 
Do you know if this is accurate?  If so, it does not appear that there is a way to stay in CR past 90 days and drive legally.  Thoughts?
 
We can talk about this when we get together too.  It is just a little disconcerting to think I may be driving w/o insurance even though I have a policy that was just paid for this month.
 
My response:Hello Dingmeister (name changed),

Your foreign driver’s license is valid here for 3 months at a time. 

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Why Baby Boomers Are Buying Real Estate And Retiring In Costa Rica

The U.S. Census Bureau defines the Baby Boomers as those born between January 1st, 1946 and December 31st, 1964. As of January 1st, 2011 more than 10,000 baby boomers will turn 65 per day, a pattern that will continue for the next 19 years. The question isn’t if there will be a lot of people … Read more

Land Reform and Democracy in Costa Rica

In 1838, Costa Ricans obtained “the right to own private property” or as it’s listed in their Constitution under Artículo 21, Derecho a la Propiedad Privada. One of the things I enjoy about being the parent of a 13-year old is discovering new things. It’s like being in the 7th grade all over again except … Read more

Uvita Office Rent & Man/Woman Issues

So, the Guys have moved, once again.  We are now located in the commercial center across from

La Corona and Banco de Costa Rica. We’re right next to Sonia’s Uvita Information Center. If you are checking out at La Corona, and you look to your right across the street, you’ll see this image –>

So, why’d we move? Well I’ll tell you, and in the process you’ll not only get an idea of what rents are going for in Uvita Costa Rica, you’ll gain some insight into the basic differences between men & women, so read on!

Uvita Costa Rica real estate - new office
Guys In The Zone New Real Estate Office in Uvita Costa Rica

We moved from the second floor spot we had because we found that prospective clients simply didn’t want to go upstairs.

The capper was when I noticed that my gal Natalie would come to the parking area and call me on my cell phone.  I asked her why she did this.  Why didn’t she just come on in and talk vis a vis?  She said because she had a sun dress on and so

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NEW-Old Plan for the International Airport in Costa Rica

The list of rumors regarding the southern zone Airport is long and varied— operational for international flights by 2010, moving to a new site in Sierpe, moving south closer to the border in a joint venture with the Panamanian Government… to name a few. The reason I am sharing this news story released by La Nacion a few days ago and forwarded by a reputable broker in the area is it actually sounds like the government has a (more) realistic plan.

Interested in Costa Rica real estate as an investment. They primarily live somewhere else, but they own property in Costa Rica for the asset appreciation potential as well as possible rental income. Some just buy and hold (land-bank). For developed properties, the investor has a vacation home to visit as desired.

Migrators spend a regular amount of time in Costa Rica during each year.

Re-locators are those that are looking to move to Costa Rica from wherever they are. They will live full-time in Costa Rica.