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Residencias Los Jardines - Life & Times

ISSUE #625: Sept. 4-10, 2016

Showings but...!!!

Brian Timmons, Newsletter Author
Brian Timmons

Dear friends,

When I started Residencias Los Jardines, I started writing a weekly newsletter -determined to tell all the good, bad, and the ugly. I knew some readers would be interested in the construction process. I expected others might be interested in the lifestyle of two people who had decided to live outside the box. For others, the adventures of Lita, the parrot and the cat took on an entertainment saga all its own.

Residencias Los Jardines is finished. We periodically have re-sales and rental availability. Some readers may be interested in this information.

Brian Timmons
Developer / Property manager
Residencias Los Jardines

Web: http://www.residenciaslosjardines.com
Emails: info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

 
Featured
rentals & sales

Paradisus Condos / Rohrmoser
FOR SALE / RENT
Visit our website

Paradisus Condos - click to visit

Each of the units consists of two bedrooms / two bathrooms, and a large living/dining/kitchen area. The floor plan of each of these units has eliminated the optional "den / office" divider. The result is a larger area offering more flexible furniture arrangements while still maintaining the option of including an office area. At 105m2 plus two parking spots each and storage locker, they offer a great opportunity for someone seeking views, security, central location, and first class, all round living...

PRICE REDUCTION
Semi furnished unit: For sale: $235,000
Fully furnished unit: For sale: $245,000
Floor 12 -west view

RENTAL AVAILABLE
Since August 1st For rent $ 1,400 mo.

 
More Opportunities
rentals & sales

FORECLOSURE,
Condominio Santa Lucia, Tres Rios

FOR SALE / EXECUTIVE HOME
Visit our website

Price reduction: $490,000 $520,000 (Appraised: $800,000)
6 bedrooms
5 bathrooms
610 m2 (6,500 sf)
2 Story
2 Car garage

 
Market activity
sales & rentals

Sales: One offer conditional for unit #107 at Los Jardines.

Rentals: Paradisus: Unit available for rent, $ 1,400 mo.
Los Jardines: Units #112, #113, #106A and #126 are available for rent.

 
Residencias Los Jardines
property management, rentals & re-sales

FOR SALE
Unit #106A: $ 165,000 / See Unit
Unit #107: $ 205,000 / Conditional offer / See Unit

FOR RENT
Unit #106A: $ 1,200 mo. / Immediately / See Unit
Unit #112: $ 1,250 mo. / Immediately / See Unit
Unit #113: $ 1,250 mo. / Immediately / See Unit
Unit #126: $ 650 mo. / Immediately / See Unit

For sale

UNIT #106A
FOR SALE
$165,000

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
Type: Apartment
Furnished: Yes

This is a fully furnished 2-bedroom unit situated in a 2-story building, which has two units on the ground floor and two units on the 2nd. floor. Each unit is the same size (1,250sf) divided into 800 sf of interior space and 450 sf of covered front and back terraces. Units 106A and B are on the ground floor; Units 106 C and D are on the 2nd. Floor. The solid masonry demising wall (common wall) as well as the 5" concrete slab prevent sound transference.

UNIT #107
FOR SALE
$205,000 / Conditional offer

Total Area (Sq Ft): 1716
Total area (Sq M): 158
Bedrooms: 2
Bathrooms: 2.5
Floor(s): 2
Type: Detached
Furnished: Yes

This 1,716 sf. (plus parking for one car) two story, detached house, with three terraces, two bedrooms (one on each floor) and upstairs master suite is a beautiful home. This home consists of two VERY large bedrooms (one on each floor) with en-suite bathrooms and a powder room, each with large closets with extensive built-ins for personal organization. The vaulted living room and ground floor bedroom ceilings as well as the master bedroom on the 2nd floor, provide a feeling of grandeur while allowing the warmer air to rise and exit through the ceiling ventilating system. There are three TVs (one in each bedroom and one in the living room.) This is a beautiful home. There is a rough-in for a dishwasher in the kitchen area.

For rent

UNIT #106A
FOR RENT
$1,200 mo. / Immediately

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
Type: Apartment
Furnished: Yes

This is a fully furnished 2-bedroom unit situated in a 2-story building, which has two units on the ground floor and two units on the 2nd. floor. Each unit is the same size (1,250sf) divided into 800 sf of interior space and 450 sf of covered front and back terraces. Units 106A and B are on the ground floor; Units 106 C and D are on the 2nd. Floor. The solid masonry demising wall (common wall) as well as the 5” concrete slab prevent sound transference.

UNIT #112
FOR RENT
$1,250 mo. / Immediately

Total Area (Sq Ft): 1290
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1 Story
Type: Attached
Furnished: Yes

This 1,290 sf single floor home includes a 300 sf front terrace plus parking for one car. It is attached on two sides by a 6 inch cement demising (common) wall, which prevents sound transfer.

UNIT #113
FOR RENT
$1,250 mo. / Immediately

Total Area (Sq Ft): 1290
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
Type: Semi-Attached
Furnished: Yes

This 1,290 sf single floor home includes a 300 sf front terrace plus parking for one car. It is attached on one side by a 6 inch cement demising (common) wall, which prevents sound transfer. The three other sides allow light, ventilation and garden views.

UNIT #126
FOR RENT
$650 mo. / Immediately

Total Area (Sq Ft): 530
Total area (Sq M): 50
Bedrooms: 1
Bathrooms: 1
Floor(s): 1
Type: detached
Furnished: Yes

A small one bedroom with outside covered terrace with top of the line finishes (granite, stainless steel appliances, fine crafted wood cabinetry, +, +, +), with lots of well thought out storage...

 
Our Lives

Weather: Actually, we have not had much rain in the Santa Ana area... in Heredia and elsewhere yes... we need to water... and I can't remember when I last needed an umbrella...

Showings but...: no interest... lookers only with VERY limited budgets and high hopes...

I've been sick with a cold so not much interest in my surroundings. The US political scene is more than depressing and the implications so far reaching... perhaps because of my cold, I don't see a happy future or place... I feel like pulling the electronic plug and sitting in the hammock, oblivious to my political and economic environment since there isn't much I can do about it... I have yet to be contacted to pick up my new passport... mmmm...

 
News Items of the Weeknews

Comments

1. The government has to borrow the money to pay for 1/2 the proposed expenses. No tax reform laws have passed and they do not seem to be able to cut expenses or improve efficiency. Most of the budget is for salaries and pensions... these are all "expenses" with no investment aspect at all... They government borrows most of the expense of infrastructure deals... The colon is a 559 now... up about 17 points. It doesn't seem to have captured the anger of people yet... or praise... how much further it will go I don't know... It is good for us earning and working in dollars... but for others earning in colones and paying loans in dollars... it is difficult.

1. Government presents 2017 budget proposal with 12 percent hike

The government’s 2017 budget proposal is 12 percent higher than the current year’s budget, thanks mostly to accumulated debt, the presidency said. Vice President and Finance Minister Helio Fallas submitted the government’s budget proposal to the Legislative Assembly last week at ¢8.9 trillion ($15.9 billion).

In comparison, the 2016 budget was just 0.8 percent higher than the one approved the previous year.

Besides debt, Fallas said mandatory allocations for public education, pensions and funds for public infrastructure projects were responsible for most of the requested increase for 2017.

Debt payments account for one-third of the proposed budget while the government’s normal operating expenses represent a little less than one-third.

The government plans to finance 54 percent of the budget with general revenue, while the remaining 46 percent will require financing.

Fallas said that despite the government’s “hard work to control the growth of public spending” mandatory funds set by legal and constitutional provisions account for 95 percent of the budget.

The minister said the government is very concerned about the high percentage of the budget that will require financing.

“Payment of the accumulated debt and interest from previous decades is the fastest growing component of the national budget. It almost represents the cost of maintaining a full other government,” Fallas said.

The minister noted that the gap between income and expenditure has seen sustained growth since 2009. The debt rose from 25 percent of the gross domestic product that year to almost half of GDP in 2016, he said.

Fallas also emphasized the need to pass fiscal reforms pending in the Legislative Assembly.

“If we don’t make decisions [on fiscal reforms] soon it will be increasingly difficult for us to fund social and economic programs that are essential for the country,” Fallas said.

President Luis Guillermo Solís said failing to pay the accumulated debt of several decades is not an option. He also said the government can’t just stop borrowing money because it needs the resources to fund necessary public works.

Leaders from various sectors signaled Thursday that the budget growth was excessive.

Solís said his critics are ignoring reality. “What lawmakers are not talking about are the reasons why the budget grew. The reason is our debt,” the President said.

Negative reactions

Social Christian Unity Party legislator Rosibel Ramos Madrigal, who chairs the legislative Committee on Financial Affairs, said the committee will subject the government’s expenditure plan to a detailed evaluation.

Ramos said that on first glance, she is concerned about the proposed budget’s low figures for public investment and the potential impact on the country’s productivity.

Mario Redondo, from the Christian Democratic Alliance Party, said Friday that he had already spotted “excessive hikes in funds for food, travel expenses and others items that should be closely analyzed.”

Several business chambers expressed their disapproval of the government’s budget plan. Both the Union of Private-Sector Chambers and the Costa Rican Chamber of Industries publicly called the proposed 12 percent budget growth excessive.

In public statements, the chambers said the budget total doesn’t match the Central Bank’s relatively low projected inflation for next year, 3 percent, and the healthy projected GDP growth, 4.3 percent.

The Assembly Committee on Financial Affairs will begin discussing the national budget plan this week.

If approved by the committee, the national budget must be discussed and voted on in two separate rounds of debate by the full Assembly. The deadline to pass a national budget is Nov. 29.

 

FOR RENTAL OR SALES INFORMATION
ON ANY OF THE ABOVE, CONTACT:

Brian C. Timmons
Property Manager RLJ and Newsletter Author

Costa Rica:
Cell: (+ 506) 8305-3965
Land line: (+506) 2282-4142 Ext. 101

Canada:
VOIP: (+416) 461-2203

Web: http://www.residenciaslosjardines.com
Emails: info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

 

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Contact phone numbers

Internet Phone:
Toronto: 416-461-2203

Costa Rica:
Cell: (506) 8305-3965
Land: (506) 282-4142 Ext. 101

NOTE: Toronto number is "local call" for people in the area code; calls from outside the area code will be billed at the normal rate from the caller's area code.