Click here to view the web version the July 2007 Newsletter.

Above: Panoramic view from Vista Del Mar overlooking the Pacific Ocean.

{{{firstname}}}, I hope this edition of the Costa Rica Land Trust newsletter finds everyone enjoying their summer.  Right now it is "invierno" or what the Costa Rican's call winter; we call it rainy season.  The weather tends to be nice during the day with clouds in the afternoon and rain in the evening and nighttime.  Some days are a complete wash out and this year's rainy season has started out wet. It is the jungle after all.

Some exciting news about the airport in the Southern Zone.  The government announced they portioned 600 hectares or about 1,500 acres for the project.  They previously announced the funding of the project team for the environmental impact and economic impact study.  Many other projects are underway which include: 1) road improvement and paving to Puerto Jimenez and Drake, 2) road paving, new bridges from Quepos to Dominical.  Read on...

  Quick Reference (click to reference):

     1. My Next Trip: August 8th - 18th

     2. Vistas Del Mar Improved Road Complete

     3. Development Update: Montanas y Mar

     4. Montanas y Mar Welcomes Blair Northern

     5. Arias Visits Central and South Coasts

     6. Cheap Airfares ($300) to Costa Rica

     7. Seeking Financing for Costa Rica Property?

View of part of the improved road in Vistas Del Mar

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1. My Next Trip: August 8th - 18th

I am headed back to Costa Rica in August to get some work done, show property and have a little bit of fun. I will split my time between Quepos at Montanas y Mar where we will be shooting some TV footage which will air on Oxygen and the Ion networks this fall and Vista Del Mar south of Dominical showing property.

If you have plans to be in Costa Rica or can make it down, let me know and we can connect up to see some property and share a cold cerveza.

View of Manuel Antonio from Montanas y Mar

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2. Vista Del Mar Improved Road Complete

Juan, our site manager, says that we have the best community road of any development in the area. Of course he is biased but it is pretty nice. Since Vista Del Mar borders the Costanera, our access is nothing short of excellent... come see for yourself.

Add on top of that running water, electric to each lot pad and lots that are prices at about 20% below the surrounding market, we make for a pretty good investment. Now I have to say I am biased!  Come see for yourself!

  Final drain just before the concrete pour (one  month ago)

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3. Development Update: Montanas y Mar

As many of you know, the rainy season got off to an early start, but we have had some breaks in the weather.  Regardless, we continue to make progress at Montanas y Mar: widened entrance, new access road, etc.  If you saw the property four months ago, come back and it will look like a different place.  We have maintained environmental integrity while providing access and building lots pads.

Those who have visited and walked to the waterfall trail remember making a few stream crossings.  We decided to improved the path to the large waterfall so those who are less fleet of foot (that includes myself!) can enjoy the beauty of the terrain.  We installed to two foot bridges that make the walk more enjoyable as well as dryer.  I will be sending the lot plans out soon to those who have requested them. 

Click to enlarge photos

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4. Montanas y Mar Welcomes Blair Northern

We want welcome Blair Northern as our most recent resident to Montanas y Mar.  Blair and his wife have chosen lot # 25 and are looking forward to building in the near future.  Blair is an engineer and thoroughly inspected the property before making his final purchasing decision.  We look forward to having the Northern's as part of the community.

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5. Arias Visits Central and South Coasts (appears in AM Costa Rica)

The following article was in AM Costa Rica several weeks back.  Note a few things: 1) emphasis on the Central and South coast, 2) push for infrastructure with the ribbon cutting at the Quebrada Suya Bridge and 3) tourism with the groundbreaking at the Marina in Quepos (work actually started back in March).

President Óscar Arias Sánchez will spend Friday in the Quepos area and then visit Puerto Jiménez on the Osa Peninsula Saturday, Casa Presidencial said Wednesday.

In Quepos, the president will engage in ribbon cuttings and inspections as well as host a meeting of his cabinet, the consejo de gobierno, at 10 a.m. Friday in the gymnasium of the Colegio Técnico Profesional.

Ribbon cuttings are scheduled at the Quebrada Suya bridge, the Centro Comunitario Inteligente in Parrita and the Los Reformadores housing project in Parrita.  He also will sign the paperwork for a trust between the Vivienda Palma project in Damas and Banco Promerica.

Arias also will participate in a groundbreaking at Marina Pez Vela in Quepos at 4:30 p.m.  Saturday he will inspect road work on the Constanera Sur near the airport in Quepos and then fly south to announce some new projects.

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6. Cheap Airfares to Costa Rica

Two new low cost carriers recently announced they will be flying to San Jose, Costa Rica.  They are Frontier which is based in Denver and Spirit which is based in Ft. Lauderdale.  I frequently fly to Costa Rica from Atlanta and have seen prices drop since Spirit announced they will be flying to Costa Rica.  I have found one of the best flight rate comparison sites to be: www.orbitz.com.

I expect you will see another three or four low cost carriers announce routes to Costa Rica in the next year.  Fares should go down and convenience will continue to improve.

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7. Seeking Financing for Costa Rica Property?

I received this via email.  I do not know how legitimate these guys are nor do I know much about the terms, but on the surface, it looks legit.

The Easiest Way to Obtain a Real Estate Loan from a Costa Rica Bank

Forget the past; the CR banking industry has changed. You can obtain a loan providing you meet the following guidelines: 

·        A credit score of 650 or higher is required-no exceptions

·        Two years of verifiable income

·        65%-70% LTV-Lots, Homes & Construction Loans

·        Complete the required paperwork

How long does it take?

Funding will take place within 30days.

 

Why do loans get denied?

Poor credit scores, applicants do not complete all the paperwork

 

The process of obtaining a loan from a Costa Rica Bank has never been easier. If you or your clients need a real estate or construction loan we are the experts and can assist you. Serious borrowers only-please.  We have 9 different lenders to choose from. Residents & Non-Residents

For further details fill out the online request form at:

www.fundingcostarica.com

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Schedule Your Trip To Costa Rica

If you are heading to Costa Rica or are thinking about visit Costa Rica, let us know.  We can recommend hotels, places to visit and help you plan your trip.  Email us or call 404-310-9869.