—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...
sales & rentals
Sales: Los Jardines: Units #114, #116 and #124
Paradisus: Nothing available
Los Jardines: Units #106C, #106D and #113
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): 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.
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): 1227 + parking
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 east and is suitable for entertaining; the off-bedroom covered terrace faces west for sun sets. This very tastefully furnished and fully equipped home offers a lifestyle envied by many.
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.
Rainy Season... Rainy season kicked back in... nice for everyone and everything...
What Happened This Week
Vacancies: Another week and not one inquiry...
Property Management: I am sick of it... I have done it for 38 years... like a chef, you are only as good as your last meal or "fix-it". Sometimes you have to deal with crazy people... like this last two weeks... a 41 yr old first time pregnant former Orange County (Calif) yoga instructor living in a "spiritual" community in Nicoya came here to be close to medical facilities... She was scared, lost, and uncomfortable but took out her issues on her husband (I am sure... his problem) and me... my problem. I tried for a while to address every perceived issue and finally offered another unit or an ultimatum. She ended up flying home to mama and he returned to Nicoya... I am left to clean up the mess and recover... meanwhile, no clients looking..
INS suit: Met with the lawyers. INS has until Aug. 8 to appeal the award; they will based on cases ahead of me. It makes no difference if their arguments have a legal or procedural basis -the appeal will take another year to be resolved. Shortly after reviewing their expected appeal, we will file a civil suit... this will be, in effect, a request for a court order to pay the award. The court cannot overturn the award... they could decide not to enforce the award... but according to the lawyers, this almost never occurs... again, this process will take a year... but will be in parallel with the arbitration award appeal... and if they loose these two, they are expected to appeal to the SALA 1 for annulment... so again another year Bottom line, probably another two years of BS...
"La Trinidad" Foreclosure: We are working on drafting an agreement of purchase and sale and a mortgage take back. The buyer selected a lawyer who is clueless. Fortunately, I have a very knowledgeable lawyer and he is looking after my back side. The issues are really agreed to... it is merely the drafting of the document itself ...but as we all know, it isn't done until the $$ is in the bank... so, we'll see what happens next week.
A Journey in Learning: Six + months ago, I saw an ad in CraigsListCR looking for high interest financing of government contracts... a company needing capital to execute a government contract. I followed it up, met an interesting guy and interviewed the company wanting the funds... I was not comfortable at the time so did not pursue it... but kept in touch with the broker, used him for document translation and conventional mortgages opportunities. I shared this experience with a friend and co-lender. Recently my friend has been looking for lending opportunities. Through other brokers, he agreed to four loans but none of them happened. I was again approached by the initial broker re. a short term working capital loan... I passed because I am having to deal with the La Trinidad issue... I presented the opportunity to my friend. We started a conversation... and during that 10 day conversation the original offer morphed into a larger opportunity with security... this closed yesterday... as of now, everyone is happy. There are more of these opportunities coming up and a very attractive conventional opportunity was also presented to us.
Nitty-Gritty Shi...ty - Shi..ty: In the background has been the untangling of months of screwed up accounting -for myself and for Doneste. I am sure no money is missing but money is unaccounted for because of bad accounting and record organization... This is really, really time consuming and should never have happened... and the rectification and assurance that it will no longer happen is yet to be figured out.
New Housing Development: The contiguous lot to the south of Los Jardines has been for sale for at least the past 20 years. It is now being developed. The old and ugly street wall has been removed and a fancy new facade is being built. A roadway and services will be built and a pool and rancho. The development will be sold as lots. We'll see...
News Items of the Week
1. Colon Exchange Rate: it continues to drop -the opposite of what was expected by the people I hang around with... It now costs us about 8% more (rate has dropped from around 620 to 572). And the articles below suggest it is likely to remain there for the interim.
2. Fuel Tax: CR has the highest fuel tax in Central Am. You wouldn't know it from the number of cars on the roads.
3. Central Bank Vision: this is a good summary of where we have come from over the past year and where we are likely to go. While the government has succeeded in changing the perception of imminent financial collapse to one of fiscal health, the result has been the strengthening colon. That creates problems in and of itself... more expensive exports, more expensive tourism and the subsequent decrease in tourists (not yet admitted), higher unemployment and social disruption, chaotic tax levies and filing requirements have caused a reduction in investment and higher unemployment, etc. Officially inflation is non-existent (except if you hold US $). The government has gone towards implementing easy money policies... easier credit. reduction in bank reserves, reduction of government interest rates, debt forgiveness, etc.
4. Exchange Rate: This outlines the balancing act the government is on...
FOR RENTAL OR SALES INFORMATION
Brian C. Timmons