Identifying “Value” in Distress Sales & Foreclosures in Costa Rica

Lake Arenal Mansion Foreclosure

As the market continues to slowly crawl back to it’s former glory here in Costa Rica, there are still many incredible deals offered by either owners who are anxious to sell, or banks wanting to liquidate a foreclosure, due, no doubt, to the recent recession. But just what IS a good deal? What is good value? And how do you determine that? The following is what I’ve come to understand throughout my years here in Costa Rica during the shifting real estate markets over that time. I’ve found that the distinction between a good “DEAL”, and a good “VALUE”, is
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A 2BR Home & 1BR Apt Only Steps from Tamarindo Beach under $300k!

01 Exterior

This is an enchanting 2 bedroom home with a separate 1 bedroom efficiency apartment for sale within walking distance from the beach and town center of Tamarindo, one of the most popular beach towns on the Gold Coast in Guanacaste, Costa Rica. Close to the beach, close to town, close to shops, restaurants, surfing, golf and practically anything else you can think of while surrounded by manicured tropical gardens and all the birds and wildlife that come with it, this home is truly a tropical delight at a great price. For full listing, CLICK: http://goo.gl/64r3na TEASER VIDEO: Tamarindo Home & Apartment Under
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Bed & Breakfast Hotels Are Selling in Costa Rica: Here’s a Great Investment in Santa Ana

Santa Ana B&B Virilla River Canyon View

This is a beautiful, turn-key, on-going bed & breakfast hotel operation for sale in Santa Ana over looking the amazing grand canyon of the Virilla River that winds through Costa Rica’s Central Valley. This 6 room operation is in a perfect location for favorable year-round occupancy with it’s close proximity to the big city and Pacific beaches offering opportunities for medical tourism guest and vacationers with the plethora of nightlife, nature and activities offered. For more pictures and detailed information on this great investment opportunity  - see the full listing here: http://goo.gl/ONISJl Property Features: – 6 fully equipped suites to let
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DISCOUNTED: A Modern, Luxury, Estate-Home on 1.25 Acres – Tamarindo, Costa Rica

2904-Feature-Great Room

DISCOUNTED to $495,000 – This is a spectacular 3 bedroom luxury estate home on 1.25 acres is for sale in a gated community in Tamarindo, Costa Rica. Offered at a price similar to 2 bedroom condos offered in the area, this property is long on luxury, privacy and space – and quite short on cost. Impeccably furnished and beautifully decorated, this home features a fabulous private pool terrace and massive yard, surrounded by jungle and nature and all that Costa Rica has to offer. The modern design features a seamless progression from the interior to the exterior with wide open living
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Getting Your Driver’s License in Costa Rica

Driving-in-Costa Rica-1

One of the most asked questions I get are about dealing with your driver’s license in varying scenarios. It’s actually quite simple if you’re just visiting… just have your native driver’s licenses handy, and drive away until your visa travel expires. If you want to drive past that, it gets tricky. Enter, our long time friend and trusted colleague, Kevin MacNamee, president of Great Sunrise Enterprises, S.A., an immigration, relocation & specialized services company dedicated to smoothing the path for expats from around the world who wish to relocate to Costa Rica. Before I wrote this post, I thought I’d
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Bringing Your Pets to Costa Rica

Dog with very clever eyes

After living in Florida for 30 years, where most dogs are practically prisoners, Costa Rica, for a dog and it’s owner, is certainly a breath of fresh air. Dogs are a major part of the culture here for a couple reasons… 1) because they’re living animals, something most Ticos have a strong reverence for… and 2) for security as most every home has a dog in it as a security measure. Is Your Home/Community Pet Friendly? Any pet owner who has searched for an apartment in North America knows that ones that are ‘pet friendly’ are rare and coveted, and
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Finding The Best Boutique and B&B Hotel Values in Costa Rica


With hotel sales in Costa Rica surging over the past year, it’s becoming increasingly difficult to find those choice, top-value properties. Though there are many hotels for sale in Costa Rica, it’s world wide brand, perfect weather and low cost of living have, no doubt, bolstered what we real estate professionals have observed as a mini-boom in the boutique hotel and bed & breakfast market. So it stands to reason that the best valued properties were the first one’s to go, leaving many that are either over-priced, in some state of disrepair, or with an aging owner who has 1 foot out the door already,
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Price SLASHED On Profitable Airport Hotel For Sale in Costa Rica

Cariari Hotel

Opportunity Knocks I try no to ‘sell’ property so much in our blogs, but this one can’t be ignored. The owner of a well known, well run, highly profitable, 34 room hotel, restaurant and bar in Cariari is motivated to sell and retire and move back to Canada to be with his family. Originally Offered For $2,400,000 Discounted to $2,000,000 ~ At the original price, this turn-key operation could boast a most favorable R.O.I., but now, it’s 20% better than that! This is a finely tuned profit machine in a perfect location, only minutes form the international airport, just off the expressway, in the
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Costa Rica Bar & Disco Owner’s Wife Presents Opportunity for YOU!

1 Sin Rival

Properties come and go in the real estate market here in Costa Rica, all of them for different reasons. Here we have a popular night club, disco, restaurant and bar, right on the main coastal highway, in Esterillos that enjoys steady profits from their loyal clientele. But alas, owning the only nightclub/disco within a 40 mile radius that is licensed to stay open until 2:30 am does not bode well for family life. So at his wife’s urging, they have agreed to liquidate this asset and move on to other more family-friendly ventures. Initially offered at $145,000, the owner is motivated and has
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Los Suenos – Costa Rica’s Premier Golf & Marina Gated Community 50+ Properties For Sale

2812-01 Ocean View Covered Terrace1

  in HERRADRUA BAY, COSTA RICA 50+ Homes & Condos For Sale ~ We have 50+ luxury homes and condos for sale from $350,000 and up, in Los Suenos, a golf & marina residential community in Herradura, Costa Rica. It features a championship caliber, 18-hole golf course, a full service marina, an exclusive beach club and several shops & restaurants within the confines of this secure, gated, up-scalre resort development, one of the most renowned in the Americas. Here’s a few of them… (click on links to see more pictures and the full listing ~ click pictures for larger view) ~ Golf Course Condo - $ 395,000
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