Semana Santa - Easter

ISSUE #554: Mar 22-28, 2015

2015-03-30

Brian Timmons, Newsletter Author
Brian Timmons

Dear friends,

When I started Residencias Los Jardines, I started writing a weekly news letter -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 resales and rental availability. Some readers may be interested in this information.

Brian Timmons
DEVELOPER / PROPERTY MANAGER
Residencias Los Jardines / https://www.residenciaslosjardines.com info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

 

Featured house this week

Paradisus Condos / Rohrmoser
FOR SALE / FOR RENT

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...

Read more about Paradisus Condos

 

Residencias Los Jardines
Property Management, Rentals, Re-Sales

Market Activity

Sales: no inquiries.

Rentals: no inquires.

 

FOR SALE

Unit #110: $215,000 / See Unit

Unit #114: $235,000 / See Unit

Unit #116: $214,000 / See Unit

FOR RENT

Unit #112: $1,500 mo. / March-April / See Unit

Unit #113: $1,400 mo. / Immediately / See Unit

Site Plan

 

HOUSES FOR SALE

UNIT #110
FOR SALE $215,000

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

Beautiful end-unit bungalow (one floor) town home (part of 4 homes) situate at the far quiet end of Residencias Los Jardines, steps from the main pool. It includes one designated parking spot and one storage unit. The home is 120 square meters (approximately 1,300 square feet) with two bedrooms (master has king size bed and guest has queen size bed), two full bathrooms (one being an ensuite), a large open concept kitchen, living room, dining room, granite breakfast bar with stools and features vaulted ceilings and lots of windows. The home has a large covered terrace overlooking the gardens. Custom made wood blinds cover all windows throughout. Ceiling fans in bedrooms, living room and terrace.

 

UNIT #114
FOR SALE $235,000

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

This 1,290 sf. (plus covered parking for one car and two lockers 67 sf.) single story, semi detached house, with garden terrace, two bedrooms is a beautiful executive style home. This home consists of two large bedrooms one with six piece en-suite bathroom with additional access to separate full shower. Each bedroom has large closets with extensive built-ins for personal organization. The vaulted living room and bathroom ceilings provide a feeling of grandeur while allowing the warmer air to rise and exit through the ceiling ventilating system. There are four TVs (one in each bedroom, one in the living room and one in breakfast / dinning room.) This is a beautiful well appointed home.

 

UNIT #116
FOR SALE $214,000

Total Area (Sq Ft): 1290
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): Single Floor
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.

HOUSES FOR RENT

UNIT #112
$1,500 mo. March-April

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
$1,400 mo. Immediately

Total Area (Sq Ft): 1290
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1 Story
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.

 

Our Lives

WEATHER: hot, hot, hot and much much much hotter at the beach... still, sunny, and not a hit of rain.

Semana Santa: this is the biggest holiday of the year. Virtually, everything shuts down... government for sure and most all professional services... including banks, many grocery stores, medical / dental, and even many restaurants. The beaches are full... in two weeks, life returns to normal except the beaches and tourist places are vacant. I hope to be going to the beach again... if it cools down...

 

News Items of the Week

Comments:

1. San Jose... a tourist destination... WOW!. I sincerely doubt that even Costa Rica with it's world reputation (undeserved) of eco-friendly can make a sows ear into a silk purse... I wonder who is getting the promo spending?

2. Public Debt: how long can CR kick the can down the road????? it cannot, like the US and EU print money...

 

1. San Jose... A Tourist Destination?????

Costa Rica’s Tourism Board wants visitors to spend time not just at the country’s beaches and national parks, but in its capital city San José.

The Tourism Board is launching a strategy that “aims to make San José a cultural and gastronomic attraction,” the board’s director of promotion, Ireth Rodríguez Villalobos, said Monday.

The strategy is part of tourism policies outlined by President Luis Guillermo Solís, who last year signed an executive decree declaring “of public and national interest the tourism development of downtown San José.” The decree was published in the official newspaper La Gaceta on Monday and takes effect this week.

It’s main goal is to promote San José’s downtown among both local and international tourists through brochures, maps, guides, videos and websites.

They all will advertise the capital’s historic buildings, museums and galleries, as well as the many gastronomic options located between 7th Avenue and 10th Avenue and 9th Street and 12th Street in central San José.

In addition to promoting the area’s urban attractions, such as the National Theater, historic post office, National Museum and Gold Museum, the Tourism Board also will promote several surrounding neighborhoods, including Amón, Otoya, Aranjuez and Pitahaya, where visitors can check out historic buildings and antique houses.

The tourism board plans to keep promoting current touristic activities such as walking and train tours through the city’s main attractions. It will also support private initiatives like Art City Tour, ChepeCletas and bus tours by Costa Rica City Square Tour.

The government also plans to host tourism and cultural fairs, and boost promotion on the web, through social networks and at information offices downtown, Rodríguez said.

Among its main challenges, officials will have to work to make tourists feel comfortable and safe walking the capital’s streets.

They’ve already made one move: the Tourism Board’s director of tourist services, Víctor Ramírez Montero, said the board recently moved the Tourist Police headquarters to new facilities within the promoted area and added 49 police officers, two police cars, six motorcycles and ten bicycles for patrolling downtown.

Currently board officials are in negotiations with San José’s municipal tourism department to coordinate the creation of a new information, assistance and tourist protection center, Ramírez said. Plans also include campaigns on mass and social media asking people to avoid littering and keep the city clean, he added.

2. Weight of public debt hits record in Costa Rica 10 years

In just six years, the country fell the ground that he had won and the burden of central government debt (the total amount of these obligations compared to production) rose 14.6 points.

On the other hand, total public debt, which also includes the Central Bank and the rest of the public sector, accounted for 58.6% of production.

For the former Minister of Finance, Edgar Ayales, the most problematic part is the central government, the rest of the public sector has a different dynamic, most receive their own income by selling services and part of its debt is for investment.

The debt arises because the government requires borrow each year to cover the expenses that can not meet the current revenue (the deficit).

Consequences. The sequel feels that growth generally people through lower production, employment and public works.

The economist and former Central Bank, Rodrigo Bolaños, quoted debt Growth during the study, the authors Carmen M. Reinhart and Kenneth S. Rogoff.

This analysis shows that, in the case of Costa Rica, based on figures from 1950 to 2009 when the central government debt was below 30% of production, our country had an economic growth of 6.9 %.

However, when the debt was between 30% and 60%, growth dropped to 5% and as more increased the debt, unless the country grew.

"Roughly, for every 15 additional points debt to GDP, the growth rate may fall by about 1.5 percentage points in Costa Rica," said Rodrigo Bolaños.

The reason why debt affects growth is being pressed, usually, interest rates rising, affecting investment companies.

Ayales also added that to the extent that such debt rising, the government needs to pay more interest and takes out the country the opportunity to invest in state works.

In recent years, recalled Rodrigo Bolaños, rates have not risen much from sales of bonds abroad, the government made until this year.

The Finance Minister Helio Fallas said that to stop this growth, the government works in two areas: reducing the deficit, especially the primary (income less expenses, excluding interest), and economic growth.

"This is a warning, in terms of which is a high amount; however, there is some controversy about what is the limit of this (debt to GDP ratio). It is an aspect to take into account and, therefore, no need to rush to pass reforms (to govern) from 2016, "Fallas said. He added that making efforts to grow production this year a little more than 3,4% provided for in the Central Bank.

Brian, Lita, the Late Hugo IV, irreverent Vicka, the pigeon toed parrot, Chico II and Chica II

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