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New Construction

Lease / purchase

Phase 3: The construction of the remaining 11 residences.
See what's new: Garden Residences of Río Oro.

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Progress Report

February 5-10, 2007 // CONSTRUCTION LOG #122

Contact phone numbers

Internet Phone:
New York: 315-279-6711
Toronto: 416-907-5758 // 416-461-2203

Costa Rica:
Cell: 506-305-3965
Land: 506-282-4142 Ext. 101

NOTE: the New York and Toronto numbers are "local calls" for people in the area codes; calls from outside the area code will be billed at the normal rate from the caller's area code to either the "315" or the "416" area code.


NOTE: NOW THAT THIS DEVELOPMENT IS ESSENTIALLY FINISHED, THE LOG WILL FOCUS MORE ON THE RIO ORO DEVELOPMENT. IT WILL BE INFORMATIVE TO THOSE PLANNING ON BUILDING, THOSE LOOKING FOR A PLACE TO PURCHASE OR TO LEASE, AND FOR THOSE WONDERING WHAT EXPATS DO IN COSTA RICA AND THE LIFESTYLE OF TWO ORDINARY PEOPLE.

The STORY: Rio Oro update and the Rental / Sales Market heats up!

CONSTRUCTION

Rio Oro Development: For the past 6 weeks, we have been waiting for approval to build a security fence around the property. We reportedly had strange requests for information which made no sense. In some of my previous logs, I've attributed this to stupid bureaucracy. I'm withdrawing that assessment in light of a probably screw-up by our architect. There is yet to be a conversation but there will most assuredly be a serious one.

In the mean time, we continue to clear debris. We've calculated the size of lots as well as the buildable area for each lot and have made an initial determination of what each lot will support-size of house, single or multi- family, single floor or multilevel, etc.. We are in the process of finalizing our thinking and reviewing a few things but this is a significant step. I'm sure there will be some refinements as we move into the house design phase but this is a starting point.

We are researching the ability to use a name for the project we've settled on. We just have to see if it's taken - if not, we will register it and then we'll have a name for this project.

RESIDENCIAS LOS JARDINES

Satellite TV: DISH again scrambled their signal; we were back up and running in an hour. They continued doing this throughout the week. It slowed some down but none are out of viewing.

Irrigation System: We are still working on them but nearing completion. They should work well. We have two wee small ones yet to make and then we are done.

Games Rancho: It was always intended (in my mind) that the center, large rancho could be and should be and hopefully would be used as a games area. I felt that a pool table would work, darts, and ping-pong. To that has been discussed cards, (Texas hold-em), etc. WE have the beginnings of movement on this.-the Board of Directors has to deal with it.

Rentals:

I signed four long term leases in five days this past week -121, 123, 124, and 126 and had opportunities for more...

Our next available unit is May 1, Unit 107. Description to follow next week.

Resales:

Lots of lookers for the past several weeks and two offers this week. One offer fell by the wayside and one is alive and well.

Unit 108: 2 floors, 2 bedrooms (one on each level), 2 1/2 bathrooms, Jacuzzi, walk-in vault, executive class furnishings including a 42" plasma TV, east facing terrace looking over the large pool and mountains and a ground floor back terrace for outside, private dining - $270K.

Unit 120: single floor, 1,300 sf, 2 bedrooms, 2 bathrooms, executive furnishings throughout, beautifully decorated - $190K. We have an offer on this unit but the offer hasn't yet been accepted.

Note: Same owner for both 108 and 120; the owner wants to sell one of the two units.

OUR LIVES

Lita is busy preparing for her son's wedding in early March. She has convinced him and a small entourage to come here. I'm sure there will be lots of chaos and confusion. My role will be to do as I'm told and otherwise keep a low profile.

We had to leave the fun a Los Jardines and go to Granada this week. As usual it was another great trip and we revisited all our favorite restaurants and tried a few new ones as well. I've never been to Granada when something wasn't happening in the park. This time the city hosted an international poetry reading. Lots of ancillary festivities. The town is so alive and the restaurants are so varied with great ambiance; we continue to love it.

Unfortunately, Nature Air is no longer flying the route so we continue to ride the bus and the $10 each way is hard to quarrel with. This time, all the moves were in Spanish which is great for the majority of the audience but the movies are REALLY old.

It's been hectic leasing and showing week. Granada was a nice respite. The animals fared fine so all is well back at the oasis. As nice as Granada is and as restful as it can be getting away, we're both glad to be back!!!!! Friends, fun, comfort, convenience, familiarity, and the continuing opportunity to invent a new future for ourselves and for others. We have a lot to be thankful for and it all happened in CR. Twenty years ago or even 10 years ago, I couldn't have envisioned my current life. Only in the past 10 years did I seriously consider what was missing; then I proceeded to add definition and finally action plans to make it happen.

Brian, Lita, Hugo and irreverent Vicka, the pigeon toed parrot.

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MASTERPLAN

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Overlay of Version 1 of the master plan. There will be some minor changes to it but for the most part, it is a reasonable starting point. The picture with the yellow dots represents trees.  One swimming pool will likely be eliminated in favor of houses (the large one near the 2nd. pool (bottom left hand corner)  This area will likely become a condominium within a condominium having it's own direct street access.