Sun, Glorious Sun & Chaos

ISSUE #323: Oct 4-9, 2010

2010-10-11

Sun, Glorious Sun & Chaos

» NOTES

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.

More and more, the content will be dominated by events of our new project, "El Dorado" for short. While the future is always uncertain, I again aim to tell it like it happens —the good, the bad, and the ugly, and that is what follows.

In an effort to make the format more interesting and visually appealing and to field inquiries re. El Dorado, the news letter is now being distributed by Jan Kozak, Marketing Manager, Hacienda El Dorado. I will remain the author.


Brian C. Timmons, Author
Residencias Los Jardines/Hacienda El Dorado - Developer
E-mail:
brian@eldoradocostarica.com

NOTE: DUE TO TECHNICAL DIFFICULTIES WITH THE EL DORADO WEBSITE, THE NEWSLETTER COULD NOT HAVE BEEN DISTRIBUTED ON SUNDAY.

YOU CAN ALSO VIEW THE COMPLETE VERSION ONLINE AT:

https://www.eldoradocostarica.com/English/Newsletter/index.php

» CONSTRUCTION LOG

Rio Oro: The chaos in the US forclosure process may help CR if it weren't for the low dollar / colon exchange rate -- that doesn't help at all.

» RESIDENCIAS LOS JARDINES

Market Comment: No clients for rentals or sales this week. The interest of last week didn't carry through to this week.

Based on developments this week, I've rethought my interest in marketing two Los Jardines properties.

 
FOR SALE:
 
Unit 106A: $155,000
Unit 106B: $169,000

See Descriptions and photos below.

Rental Vacancies:

Unit
106C       Nov 1            $1,250 pr month


 
Residencia Los Jardines Site Plan

Unit #106A -- For Sale $155,000 - FURNISHED (Leased at $1,000 pr month until January 2011)

Total Area (Sq Ft):1250
Total area (Sq M):120
Bedrooms:2
Bathrooms:2.5
Floor(s):Ground Floor
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 106 A 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.











Read More


Unit #106B --For Sale $169,000 - FURNISHED

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): Ground Floor
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 106 A 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.



Read More

Unit #106C -- For Rent $1,250- FURNISHED (Available November 1, 2010)

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): Ground Floor
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.

Read More

 

» NEWS FROM COSTA RICA

October 11, 2010
Time For Costa Rica To Dollarize?
By most measures, our success in globalizing has become a successful and costly venture We recognize that the country has had an exponential increase in foreign trade supported by such mega companies as Intel, HP, Boston Scientific, P&G, Kraft and the myriad of large and small outsource centers, especially agriculture not to mention the injured but not at all lifeless international business of tourism, and real estate sales.
Read

October 10, 2010
Drug Plane Crashes In Costa Rica
Authorities today are investigating how could a light plane taking off from the Pavas airport, headed for Guatemala, could be carrying 170 kilograms of drugs and no one noticed, until the plane crashed into a river off the runway.
Read

October 09, 2010
5.9 Quake Shook Costa Rica Friday Night
It was few minutes before 8:00pm when a 5.9 magnitude earthquake shook Costa Rica's capital, San José, startling residents and knocking items off shelves. Some people fled their homes and buildings were evacuated as alarms went off all over the city.
Read

October 08, 2010
Experts Say The Problems On The Caldera Were Foreseen
Autopistas Estimates It Will Take Three To Five Months To Repair The Road
Read

October 08, 2010
New National Stadium Victim Of First Robbery
Although the new national stadium is inaugurated, it has yet to be handed over by the Chinese to Costa Rica and open its doors to the public, it is starting to rack up crimes against it, with its first robbery.
Read

October 07, 2010
Constitutional Court To Filter Filings To Reduce Waste of Magistrates Time And Resources
In an attempt to reduce the number of filings that are not within the scope of the Sala Constitucional (Constitutional Court), a lawyer located at the entrance of the court will review and determine if the matter can be filed with the court or not.
Read

October 06, 2010
Costa Rican Consumer Prices Fall Slightly in September
Costa Rica’s Consumer Price Index (CPI) reports that prices fell an average of 0.08 percent during the month of September, the first month this year that consumer prices have decreased. Despite the slight deflation, through the first nine months of the year, average consumer prices have risen 3.87 percent, about a full percentage point higher than during the same period of 2009, when inflation was 2.92 percent.
Read

October 04, 2010
If You Intend To Move Or Retire in Costa Rica Do So For Reasons Other Than Profit
I argue, this thing about Costa Rica as a haven for Baby Boomers is just unrealistic and could be costly to naïve investors, especially seniors who visualize living cheaply, great returns on investment as well as making new friends on some fictitious yet to be built golf course, the unheated swimming pool and B.B.Q.
Read

» OUR LIVES

Weather: Sun, Glorious Sun!!!!!  it's actually rained very little this week and we have had 4 days of mostly sunny skies and drying breezes. What a welcome sight and feel. There will be more rain in our near future but this was / is a treat..

Residency: I got the translated documents in time for our Tuesday appointment with immigration. We had previously been assured the decision would be ready or at the worst if it wasn't ready, they would rush it through on that day (Oct. 5).  I wasn't surprised when, after spending 2 1/2 hrs we were told that no review had occurred and we should return in 20 days. So my hope that they were actually respecting the 6 mo. time limit was just a fleeting dream.....and I knew it  

 
Chaos:  A number of people flip-flopped on their commitments, didn't do what they said they would do, re-thought their ???? this week and I've had to adjust. Time and effort was wasted..... In addition, I made a deal I don't much like ...  That's the way things go some times.  Building is much easier than dealing with people.

We're ready to take off again for a few days but the roads are problematic..the San Jose - Caldera highway --which we've gotten used to driving -- is closed for the foreseeable future as the finger pointing blame game heats up and the walls keep crumbling and the roadway continues to sink and fall away....  Driving the alternatives is not very desirable and they too, have their problems.

Good News: Long time friends with whom I used to work and haven't seen for about 10 years have committed to visiting in November...their first time.  Something to look forward to.  

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