Summer and it is Raining and a Wedding... mmm...

ISSUE #935: Jan. 15-29, 2023

2023-01-29

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: https://residenciaslosjardines.com
Emails: info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

Market activity
sales & rentals

Sales: Los Jardines: Unit #116

Rentals:
Los Jardines: Nothing available
Paradisus: Nothing available

Residencias Los Jardines
property management, rentals & re-sales

FOR SALE
Unit #116: $ 175,000 / See Unit

FOR RENT
Unit #126: $ 625 mo. / Jr. One Bdrm. with cover terrace / See Unit

For sale

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 and a separate, secure storage locker. It is and end unit and therefore attached on only one side by a 6 inch cement demising (common) wall, which prevents sound transfer.

For rent
Our Lives

What Happened This Week

Weather: This is our summer... normally we do not have any rain in our area for 3-4 months. This past week, we have had three showers... great, actually, it helps the plants and our irrigation... doesn't rreally interfere with activities... only it is not sunny all day...

Stories

House 114: The owner found a buyer and has entered into a contract. I had a lot of interest but no one willing to move fast. It is strange, this is the same unit I have had advertised for several years and limited interest... new pictures and "featuring" it and again putting it in front of the noses of active agents help move it along...

Wedding: A planned event for the past 6 or so months. One of our N. Am. residents found a new love and married her. Hope it works for both... We got entertainment, eye candy, food, and a good time...

Los Jardines

Pool Heater: Still working, no hose ruptures but no change in the pool temperature because there simply hasn't been enough sun / heat to accomplish that...

Ranchos: All the rough footings have been poured for the center rancho... now we have to finish them off with a toping coat and paint and then re-fit the BBQ and counter.

News Items of the Week

Comments:

1. Exchange Rate: Who said gravity always works? A soverign country's currency appreciates against the US dollar while currencies of much larger and stronger countries with less debt per capita and stronger econimies depreciate against the dollar... but that is what has been happening... from a low of C 700 : $1 to C569 : $1 in 6 mo...

1. Government will take measures against the drop in the dollar exchange rate

President Chaves: Costa Rica is trying to integrate more economically with the world

QCOSTARICA – Given the behavior of the dollar exchange rate, Costa Rica’s president Rodrigo Chaves, while in Switzerland, confirmed on Friday to France 24 that the government will seek to stop the recent appreciation of the colon against the dollar.

The President ended this week his participation in the World Economic Forum (WEF) that was held in Davos, where he also held bilateral meetings and defended the objective of attracting investment to the country.

As the president confirmed to the international media, the behavior of the local currency behaves differently from that of other countries such as Chile and Colombia.

Of course, the President admitted that the fall in the dollar “benefits some” in the country, for example, consumers in the price of fuel.

The Banco Central de Costa Rica (BCCR) – Central Bank – asked the population and economic sectors for “tranquility” in the face of the recent downward trend of the dollar exchange rate.

In the interview with France 24 titled, “Costa Rica está tratando de integrarse económicamente más al mundo” (Costa Rica is trying to integrate more economically with the world), Chaves was very optimistic about the future of the Costa Rican economy, assuring that the country “has been insistently trying to integrate more into the world.”

Chaves also spoke about the insecurity situation that the nation is going through, the rebound in tourism, the evolution of the local currency and his government policies, among other topics.

Exporters register more than 14% in losses due to the dollar exchange rate.

The export sector warned of the risk of companies closing due to the drop in the dollar exchange rate. The concern of exporters is added to that of the tourism sector, which asked the Central Bank authorities to take measures to stabilize the behavior of the currency.

Germán Morales, vice president of the Cámara de Exportadores de Costa Rica (CADEXCO) – Chamber of Exporters of Costa Rica, commented that companies are reflecting losses that exceed 14% due to this situation.

Morales said that the closure of companies in the sector would also generate an increase in unemployment.

In the last 24 hours, the dollar decreased ¢2 more, reaching the reference sale at ¢569.48 for the sell and 562.88 for the buy. In other words, so far this year the drop in the dollar exchange has been more than ¢33.

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