ISSUE #699: Feb. 25 - March 3, 2018


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


rentals & sales

Paradisus Condos / Rohrmoser
Visit our website

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...

Semi furnished unit: For sale: $235,000
Fully furnished unit: For sale: $245,000
Floor 12 -west view

Distrito Cuatro / Guachipelín / Escazú

about Distrito Cuatro

Rendering proposed Distrito Cuatro - click to Download full PDF
Market activity
sales & rentals

Sales: Los Jardines: Units #106A, #114 and #124


Paradisus: April 1, Available, $1,400

Los Jardines: April 1, 106D Available $1.150 (April 1-Dec. 1)

Residencias Los Jardines
property management, rentals & re-sales

Unit #106A: $ 165,000 / See Unit
Unit #114: $ 199,000 / See Unit
Unit #124: $ 135,000 / See Unit

Unit #106D: $ 1,150 mo. / Apr 1 - Dec 1 / See Unit

For sale

UNIT #106A
$ 165,000

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
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.

UNIT #114
$ 199,000

Total Area (Sq Ft): 1290
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
Type: Semi-Attached
Furnished: Yes

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 #124
$ 135,000

Total Area (Sq Ft): 662
Total area (Sq M): 61
Bedrooms: 1
Bathrooms: 1
Floor(s): 2nd Floor
Type: Semi-Detached
Furnished: Yes

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 #106D
$ 1,150 mo.
Available Apr 1 - Dec 1

Total Area (Sq Ft): 1227 sf . + parking
Total area (Sq M): 113 + parking
Bedrooms: 1 + den (bedroom possible)
Bathrooms: 2
Floor(s): 2nd. floor
Type: apartment in 4 plex
Furnished: Yes

This 2nd story, 1,227 sf (113 m2 + one parking space) )is a georgous home with one of the best views at Los Jardines. The very large front covered terrace faces west and is suitable for entertaining; the off-bedroom covered terrace faces east for sun sets. This very tastefully furnished and fully equipped home offers a lifestyle envied by many. The owner offers financing if desired.

Our Lives

Weather: Beautiful, normal, sunny, 25 degrees, cool evenings, gentle breeze... wow... loving it.

Tough Sledding: The tenant who's water I turned off left... I cleaned and serviced the unit and the owner moved in. If I had followed all the rules, this would not have been the result for a long time.

District 4: Feedback I am getting is that my price is too high... I don't know... there are always bottom feeders... we'll see.

Mortgage payments: One decided to pay and I will collect the penalties before allowing her to sell the property which is tentatively slated for March 20.

The other I am still working on. She said she had a proposal... it didn't come as promised... I am not surprised... she is a deadbeat... thru and thru... Next week, I will make her a proposal... move out, assign me the house, and I won't ruin your credit rating for the next 10 years and won't investigate your finances and the rest of your life...

Prowler: We had a prowler return this week and took a brass pot. The natives went wild... lots of chatter as to what to do... The neighbors had the same incident... they have guards and cameras... these don't work and only seasoned, reasonable residents realize this... The chatter has died and we will make some adjustments ...adding more night lighting and some people will add individual house security cameras... Each house originally had built in security systems along with emergency lighting... What came out of the discussion was that no one uses their security stems, some leave their doors open, many of the emergency lighting systems have not been maintained... well, boys, and girls... look no further than yourselves... My position is that while Doneste has a responsibility to provide a degree of security, individuals are also responsible for their own.

News Items of the Week


1. Tax Reform Proposals: Many of these have been made in the past and never get very far. This time a majority of the deputados agreed to fast track a bunch of proposals. While some are accepting that the proposals are a faita compei, I don't see it that way. Now the legislature will supposedly focus on these proposals and my guess is, they will begin tearing them apart. What actually gets passed will be very different than what was approved for debate. Should some of these pass into law, and actually be enforced, they could represent some serious consequences. What isn't being discussed is lower the spending... and remember, these legislators are soon to be out of a job... they may not even get the proposals into law and who knows what the next government will do with them whatever is passed.

The most recent polls have the evangelist at 52% and the PAC guy at 27% ...certainly a big difference. This is shaping up to be another disaster me thinks.. the leading candidate has NO experience other than leading choirs in church and quoting scriptures... he has no organization or real party..his appeal is no gays, no crime, fiscal reform, God will show us the way... let's be happy...

ICE -electricity provider Continues to put the screws to the country... their two newest dams are broken and not producing electricity... they have to raise the rates by 30% to fix the problems... while having a surplus generation capacity... and shutting down a newly installed geothermal plant financed by a 100 year loan from the Japanese.

1. What is the tax reform that will be processed by fast track?

These are the main points of the tax project that the deputies agreed to process through the fast track, which the government estimates generated about ¢ 660,000 million annually, while the deficit in public finances currently amounts to ¢ 2 billion The sales tax would be transformed into a tax on the added value (VAT), with which the Government would tax many services that are now exempt.

The Executive would impose a rate of 13% on services such as computers, lawyers, gyms, shows, streaming (such as Netflix and Spotify), rentals of more than ¢ 425,000 per month, electricity (for those who consume more than 250 kilowatts per hour). month), transportation (except public service), games of chance and commercial exhibitions.

In addition, it proposes a reduced rate of 4% for private education and health, as well as for books in all their formats, air tickets, the purchase of packaging and raw materials, as well as equipment and machinery (except if there is an express exoneration) and services for agricultural and agroindustrial production.

To the rest of goods, in general, the current tax of 13% would be maintained, keeping the exonerations in force.

The plan also proposes establishing a ceiling of ¢ 5.4 million in the salaries of public officials and the hierarchies of State and Public Administration powers. The equivalent of 18 minimum monthly salaries for the lowest income category in the private sector.

Similarly, it proposes to charge a 15% tax - with some exceptions - to capital gains, that is, to the profits generated by the sale of assets, bonds or real estate, as well as the distribution of dividends.

It also imposes a cap of 2.54% on the plus known as an annuity for new employees in the public sector. That percentage would be paid on the base salary, for each year worked. Currently, this incentive exceeds 5% in some entities.


Brian C. Timmons
Property Manager RLJ and Newsletter Author

Costa Rica:
Cell: (+506) 8-455-59-35
Land line: (+506) 2282-4142 Ext. 101

VOIP: (+416) 461-2203


Previous reports