—Vida y tiempo—
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.
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...
Real de Santa María / Borreal de Heredia
sales & rentals
Sales: Los Jardines: Units #114 and #124
Paradisus: Nothing available
Los Jardines: Units #106C and #112
Residencias Los Jardines
property management, rentals & re-sales
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
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.
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.
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 two sides by a 6 inch cement demising (common) wall, which prevents sound transfer.
Weather: There is less and less rain. We are readying our sprinklers / hoses / and misc. dry weather mode. We expect to hire a young person Dec. 1 dedicated to watering / raking / sweeping.
What Happened This Week:
Note: Last week's newsletter was delivered late because the rough draft was not received by Maria in Argentina and even though she requested I resend it, I dropped the ball. I am only able to kept 4 or so balls in the air, not the 6+ I use to be able to... think it might be referred to as "age related cognitive degeneration".
(a) Heredia House: Closing did not happen and who knows... The bank cannot do international wire transfers. The bank wants to deposit the funds to a CR account in Lita's name... she does not have an account. Yes, she could open an account -with time, hassle, and I do not trust any bank to release the funds in a timely fashion in a newly created account... there will likely be some reason, unwritten rule, some missing document, some ??? which the bank will use to make life difficult... the lawyer I have / am using never removed Lita's registered mortgage so the bank won't release funds in any event until that is removed... that will take up to 10 working days to show up in the national registry and Lita has now said she doesn't like the price... I disagree so we have a battle on our hands... this sale is not going smoothly...
(b) Distritcuatro: Yes it closed but that too saw a last minute hiccup... the purchaser's bank had a lower limit than was needed to complete the deal... mmmm o.k. we go to a cashier's check... well, the bank manager needed to sign for the necessary amount... he wasn't there... the assistant manager was sick so he wasn't at the bank either... so payment was made by two checks which could be issued without manager / assistant manager authorization...
Gardening: We continued to make progress on garden lightening, cleaning / repairing, re-organizing areas... We are a long way towards the end goal but not there yet... however, we will be slowing down on all this work.
Sales -Los Jardines: It appears that one of our units is in the process of being sold. Some issues exist but they are expected to be resolved. And another unit may be sold as well.
Fiscal Situation: The colon has continued to gain strength (lots of US dollars entering the system due to aginaldo, bonuses, etc.) with the exchange range being around 596:1.
A New Dawning -nope... false dawn: It continues to be elusive with the doubtful sale of Heredia. I will still have to deal with it, am waiting on the INS issue to be resolved as well, and in both cases, I foresee a lot of issues...
News Items of the Week
(1) The teachers strike has again been declared "illegal"... This is the second time... illegal, then overturned and declared legal, and now declared illegal again. It is really difficult for the government to get it's act together... too many selfish hands out... including the judiciary... The government said that 75% of the principals would be replaced because they did not return to work (this will never happen)... There seems to be about 83,000 teachers... a small majority continue to vote to continue the strike... one union has voted to return for 9 days before the official end of the school year... this is pure BS.. students won't return and nothing will be done.. meanwhile all the teachers continue to received full salaries and perhaps additional activity pay (I do not know about the latter only suspect that in a socialist state this will be the case.)
2. 70 years with no army: This is a remarkable achievement but looking closer at the reasons for abolishing the army are a bit self serving... not completely altruistic... as I understand there had just been a very short coup perpetrated by the military so when the Figueres won control, he abolished the army because he knew he couldn't count on it's loyalty and besides, they could never be disciplined to show up on time or at the same place... He sold the idea of abolition on the good things that could be done with the saved funds... and that did work until the government hands got to be too greedy. Just like CR declared war on Germany before the US did, it was for selfish reasons... government officials / wealthy wanted German citizen property.
3. Fiscal Reform--2nd reading... Yes this is going ahead and will probably be passed but not before hiccups... I am sure... and as FITCH has pointed out, it won't solve the problem and it won't come in to effect for at least 6 mo. and won't begin to benefit the treasury until after that...
4: Consumer Confidence: This is not great news but is not really news. Anyone living here knows this. Decisions are being put off pending the uncertainty in the fiscal reforms and the ability of the government to chart a clear path towards sobriety.
5. Exchange rate expectations: The last sentence says it all: It is expected that volatility in the exchange rate will continue in the coming weeks, with a pause in December, as a consequence of a seasonal effect of the “colonization” of resources for the payment of taxes and bonuses, but with an upward trend.
FOR RENTAL OR SALES INFORMATION
Brian C. Timmons