Plans and Surprises...

ISSUE #776: Sept. 1-7, 2019

2019-09-08

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

Web: https://www.residenciaslosjardines.com
Emails: info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

Featured
rentals & sales

Paradisus Condos / Rohrmoser
FOR SALE / RENT
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...

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

Market activity
sales & rentals

Sales: Los Jardines: Units #114, #116 and #124

Rentals:

Paradisus: Nothing available

Los Jardines: Units #106C, #106D and #113

Residencias Los Jardines
property management, rentals & re-sales

FOR SALE
Unit #114: $ 199,000 / See Unit
Unit #116: $ 195,000 $ 189,995 / See Unit
Unit #124: $ 125,000 / See Unit

FOR RENT
Unit #106C: $ 950 mo. / Available immediately / See Unit
Unit #106D: $ 1,050 mo. / Available immediately / See Unit
Unit #113: $ 1,200 mo. $ 1,150 / Available immediately / See Unit

For sale

UNIT #114
FOR SALE
$ 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 #116
FOR SALE
$ 195,000 $ 189,995

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

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
FOR SALE
$135,000 $ 125,000

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 #106C
FOR RENT
$ 950 mo.
Available immediately

Total Area (Sq Ft): 1250
Total area (Sq M): 120
Bedrooms: 2
Bathrooms: 2
Floor(s): 1
Type: 4-plex
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 #106D
FOR RENT
$ 1050 mo.
Available immediately

Total Area (Sq Ft): 1227 + parking
Total area (Sq M): 113 + parking
Bedrooms: 1 + den (bedroom possible)
Bathrooms: 2
Floor(s): 2nd. floor
Type: 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 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.

UNIT #113
FOR RENT
$ 1,150 mo. price reduction
Available immediately

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

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.

Our Lives

Rainy Season... We have had a little rain but not enough to replenish the ground water... plants are happy... and the garden is looking good

What Happened This Week

Vacancies: Another week and not one inquiry... Another week and not one inquiry... this is becoming chronic. One owners are now having to flow money back into their units... they are not happy nor anxious about doing that... we'll see... I spoke with an agent who said he is part of an 80 group connected agents... they have virtually no business. The compound next to us, is largely vacant.

Computer "stutter"?: Somehow the above got "stuck" in last week's newsletter and repeated, repeated, repeated... mmmm I have no idea what happened.

Maintenance / Rehab Work: progressing as per plan. We are begining to get the administrative side of Doneste back on track but this will take some time. We have started working on the front presentation... power washing the wall and sidewalk, repairing the moldings, repainting both the cyclone fence and the stucco... In addition, we will paint the trunks of the palm trees. This should improve our visual "street presence". Administratively, what we are doing now, we hope to be an interim solution to what, in Jan. / Feb. will allow us to transition to a longer term solution.

Update of Shareholder Agreement: again I bug, again I get promises. But it still has not been delivered.

"La Trinidad" Foreclosure: Unfortunately, I have initiated foreclosure proceedings on the debtor... This will probably take 4-6 months.

INS Suit: An update: Bank Improsa, one of the victims of INS, is several month's advanced of me in the judicial process... and with a lot more $$ at stake. INS applied to the Sala1 for an annulment of the arbitration award. I was told this review normally takes about a year. This past week, after around two months, the Sala threw it out... In addition, Improsa challenged the judges order which stayed a proceeding, 1/2 of that order was dismissed and the judge erred on the 2nd. half which will be appeal by Bank Improsa as well. Even when they find a lazy and perhaps a little extra hungry judiciary, the stupid appeals and flimsy justifications are falling flat. However, it is not over until it is over, until the "fat lady sings" and who knows when that will be.

Chicken or Egg: I counted up the number of lawyers I am dealing with--6. Wow!! each for something different. Is it lawyers which make my life chaotic or my chaotic life which requires lawyers...?

Health: Amongst our social group, 4 people are not likely to be with us a year from now... Age 75-85 seems to be the expected life span of our age group... and based on observation, the quality of life diminishes in proportion to the medical intervention. Fortunately Lita and I are not yet that age...but I am getting close.

Plans and Surprises: I have learned here to always expect the unexpected. No matter how well you plan your time, something will always screw up your schedule... strike, power outage, bank request for information, car problem, water pipe breakage, etc, etc... the list is endless. Therefore, in my scheduling, usually allow additional time to accommodate the unexpected... but in this case, virtually all of them happened plus, plus, plus, plus... yes, the Volvo was not ready as planned but at the last moment it got fixed... 1/2 a day making arrangements to return cars -no the parking space for the borrow car was not available so had to make an extra trip / the new consortium agreement and joint venture agreements are not ready for signature before leaving / yes, the pressure tank failed and had to be repaired / BCT bank issued a list of info on the pretense of "know you customer" which, even if I were to be here could not have been answered in a month and they wanted the info in 10 days... I shut down the account and transferred the $$ to Scotia (unfortunately my only option on short notice -but that didn't go smoothly so spent an additional 1/2 day providing info to them so they would accept the $$ / then there is the training of the office replacement ...she cancelled one of the two training sessions I had planned --- // the CAJA which does not have all the medication we need which had to be sourced elsewhere / putting people into roles and making sure they have the info / resources / and that others know they have those resources / and yes, tenants determined that three appliances were not operating properly but when I make arrangements to assess, they where away... so it will wait / and now depending on the corporation ID number, disclosure of the shareholders has to be done according to a schedule or there is supposedly a fine... one of my corporations has to make such declaration in Sept... // and then to deal with caring for the parrots... Lita's love of her life (note, not me)... purchasing supplies for the future / the BS never, never ended... the simple life gets further and further in the rear view mirror... for someone looking to "retire", do not follow my trajectory... as I am completely frazzled, I spoke this morning with a guy about my age, he was, calm, cool, collected ...very happy in owning nothing, doing nothing, having no responsibilities other than to himself... I started to really, really envy him... as I realized how far off track I was / am...

News Items of the Week

COMMENTS

There is an excellent article on pension abuse, who, how much, and the role of the unions and privileged power groups in society... Unfortunately, I cannot copy and paste it (wonder why) but will see if I can some how get it distributed.

FOR RENTAL OR SALES INFORMATION
ON ANY OF THE ABOVE, CONTACT:

Brian C. Timmons
Property Manager RLJ and Newsletter Author

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

Canada:
VOIP: (+416) 461-2203

Web: https://www.residenciaslosjardines.com
Emails: info@residenciaslosjardines.com
ResidenciasPropertyManagement@gmail.com

 
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