—Life & Times—
2019-05-26
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 |
Featured
rentals & sales Paradisus Condos / Rohrmoser 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 AVAILABLE FOR RENT |
Market activity
sales & rentals Sales: Los Jardines: Units #114, #116 and #124 Rentals: Paradisus: Available immediately 12-2 / $1,350 Los Jardines: Units #106C, #113 and #116 |
Residencias Los Jardines
property management, rentals & re-sales FOR SALE FOR RENT For sale
UNIT #114 Total Area (Sq Ft): 1290 This 2 bedroom/2bathroom,1,290 sf single floor end unit home includes a 150 sf front terrace plus parking for one car. This house is fully air conditioned and has recently been professionally decorated by international decorator Alcides Graffe and has undergone a complete renovation—new modern furniture, finishings, window coverings, and art work by Carlos Gambino. It is arguably the nicest furnished unit at Residencias Los Jardines and only steps from the pool UNIT #116 Total Area (Sq Ft): 1290 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. UNIT #124 Total Area (Sq Ft): 662 This 662 sf, + covered parking for one car, is a one bedroom home on the 2nd floor overlooking the large pool. It is ideal for a single person or couple. For rent
UNIT #106C Total Area (Sq Ft): 1250 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 #113 Total Area (Sq Ft): 1290 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 #116 Total Area (Sq Ft): 1290 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. |
Our Lives
Rainy Season... definitely here... rain most every day for an hour or so. Plants are happy... Garden rehab is on-going. What Happened This WeekVacancies: No one looking... no inquiries. Tax Chaos: So many consultations, so many different answers, confusion reigns from accountants to lawyers, people trying to make adjustments, sometimes feeling they need to do something -and doing it- but with no confidence that what was done, was any better than standing still. This is a black hole of chaos and confusion... the typical BS for any CR implementation... The country decided to implement at $5 per head exit tax on people leaving to Nicaragua... it took several deferred deadlines and an additional 6 mo for this simple tax to be implemented. Now they are trying to make massive changes in a culture not known for efficiency and applied to a country where they will do anything possible to avoid paying taxes partially because they know they will be wasted, grafted, and squandered. I have decided to wait... I fully expect a deferral, and years of legal challenges... Developers are really going to be hit if the rules are implemented as I think they are written... it will kill the industry... all professional service providers are trying to figure out how to avoid it. Lots of work will go further "underground". The government will get some money but lots will continue to be hidden... and a lot of damage done to the economy. INS Law Suit: 4 years after starting, the "final arguments" -all 53 pgs- have been submitted to the Chamber of Commerce Tribunal for Dispute Resolution. I actually read it... All the arguments are simple but have been supported with legalese and "evidence" / testimony / declarations, etc., it was an interesting read. Included in my submission was a debunking of INS' arguments -(1) INS tried to say that the performance guarantee really wasn't a guarantee (BS!)- it was very clearly stated -and the criteria was very simple- if the borrower defaults, INS pays upon verification of default; (2) in case of default, INS has two options -accept the claim or deny the claim- instead they chose to defer the claim -that was not an option; (3) INS claims there was some corruption/ incompetence amongst their employees... well, hello... they are your employees; (4) the INS employee who signed off on the guarantee was crazy... GAWD!!! help me out here... (5) INS has appealed to the SALA 1 (supreme court of CR responsible for this type of issue) asking for a total annulment... wait a minute... INS paid out two claims and then realized how large the total claim pool could be ($21 mil) and then decided to "defer"... and they argued that they did everything absolutely legal... well then, on what basis can you now claim an annulment... as my brief said... there is no logic to this... So what have we claimed in damages -return of principle, all legal costs, interest payments- and I love this part -a legal penalty for late payments (30% addition to the interest rate)... I am suppose to receive the Tribunal's decision within 60 business days of submission... several other cases similar to mine have been ruled on favorably as per my claim... but we will see in my case. But even if the ruling is favorable, it won't make much difference because the appeal to the SALA 1 will take at least a year for a ruling... and who knows what twist will happen after that. Garden Renewal: Continues but at a slower pace. Rancho Lighting / Pool Lighting: Both projects now done. Collections: Two have paid up / three are still outstanding... |
News Items of the Week
COMMENTS Exchange rate: It remains fairly steady at 599 - 590. A year ago, this was not expected. Now it looks like it will be managed o.k. for the foreseeable future. 1. Port Union-Limon: It is broke now that the Moin port is functioning... there is no business, bloated payroll -they refused to innovate and cooperate- they chose to fight, delay, and be obstructionist. They lost... now a rich buy out but the company has no money to pay regardless of what they agree to. 2. Continued Incompetence... The government and world wants better knowledge of what is leaving the country... but the government has not built the simple but necessary infrastructure to house it. 3. Drug Seizure... Occurs weekly, sometimes multiple such seizures.
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FOR RENTAL OR SALES INFORMATION Brian C. Timmons Costa Rica: Canada: Web: https://www.residenciaslosjardines.com |
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