Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Beautifully located development plots  
Reference nr: JC824096
Description:

Location, location, location -- Only a few kilometres from the Pacific Ocean and the Bay of Nicoya, these beautifully located and zoned building plots (with sea view) , are just 10 minutes from the town Tambor and its 9km sandy beach. Located on this beach is the Barcelo hotel with 325 bedrooms and a new 400 room Holiday Inn and marina is scheduled for completion this year, bringing a further $200 million investment to this area… Reap the rewards of local infrastructure investments bringing millions of dollars and increased tourism to the area. Costa Rica currently has a $ 1.9 billion annual tourism industry.

Enviously situated in one of Costa Rica’s top 3 regions for property value increases (70% per annum over last 7 years, additional 33% increase in 2007 alone), Finca Di Pacifico is situated 10 minutes from the local town of Tambor with its cafes, shops and beautiful 9km beach, 30 minutes from the provincial capital of Cobano, 30 minutes from Paquera and the ferry to Puntarenas.

Tambor can be readily accessed from San Jose multiple daily internal flights.

Purchase is easy. The price of your building plot includes central water source and transfer tax, topographical work, registering in the Land Registry, placement of border markers, supply of electricity to the main entrance, renovation of existing roads and construction of new roads where needed. You will receive an official notary deed for your building plot and it will be registered in the Land Registry. The Land Registry in Costa Rica is of excellent quality and comparable to the Land Registry in Europe. You can verify on the Internet if the building plot has been registered in your name. We would also be happy to assist you in purchasing the property via a company, enabling you to avoid Costa Rican capital gains tax for a mere 55 EUR per annum.

WHY COSTA RICA?
According to NASA, Costa Rica has the best climate in the world. Add to that its democratic and peaceful government, and you have a stable and idyllic escape from reality. To North Americans, Costa Rica is today what Spain was to Europeans 20 years ago. Just a couple hours by plane, Costa Rica offers a cheap and safe retirement haven for American and Canadian ‘Baby Boomers’ interested in acquiring affordable real estate near the sea and beach. With prices now out of reach in Mexico, Costa Rica has seen a steady increase of 7% annually in tourism with an annual tourism industry worth $1.9 billiion. Already a haven for movie-stars attracted to Costa Rica’s diverse, beautiful landscape and beaches, the next decade will see Costa Rican real estate exponentially increasing in value as the demand rises. With over 30% of Costa Rica’s land declared as a nature reserve or park, building land in the country is scarce – more so if you are near to the water. As the ever-increasing demand for well located building plots continues, the upward potential is enormous for these plots. Currently house and development land prices in the prime locations are increasing at over 50% annually.

The Nicoya Peninsula caters to your every heart’s desire: nature reserves in the mountains, agriculture in the plains and tourist development along the beaches.

Features:
Beach
Submission Date:
01-19-2009
Last Update:
01-19-2009
Advertiser Details:


Name:
James Cahill

Company:
Costa Rica Invest

Phone:
+353 (0)1 272 4184
Fax:
+ 353 (0)1 272 3013
Mobile:

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €190,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations