Price Reduction / Adjustments

ISSUE #782: Oct. 13-19


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

Market activity
sales & rentals

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


Paradisus: Nothing available

Los Jardines: Unit #106C

Residencias Los Jardines
property management, rentals & re-sales

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

Unit #106C: $ 950 mo. $ 900 mo. / Available immediately / See Unit

For sale

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 #116
$ 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
$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
$ 950 mo. $ 900 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.

Our Lives

What Happened This Week

Weather: Normal rainy season weather... several hours of rain most every afternoon... In our area, Sept. and October are usually the rainiest months and that seems to be the case this year as well.


Price Reduction: Unit 106C - now $900; recently a couple of interested clients but no commitments...

INS Law Suit: INS appealed via an appellate court to stay (put on hold) the awards handed down by the Chamber of Commerce Dispute Resolution Committee... on the basis that there was criminal activity involved. This charged had been dismissed several times before; it was again dismissed. That means that INS must obey the Dispute Resolution decision. They will not until they are forced so those of us with decisions, are proceeding with our civil suit which, if won, will be a court order to pay summarily. I was told that this process usually takes a year. However, I was also told that the appeal just ruled on would also take that long and in reality, it only took about three months. So, we will see...

Garden: I had a number of transplants done with existing plants. We had done this several months ago and the results were fine... the error that was made, is in not doing more... we fixed that to some extent this week. In addition, I bought some plants to fill in bare spots... trying to take advantage of the remaining 6 weeks or so of rainy weather.

Los Jardines: We have started work on #109. It involves mostly painting..only a small amount of patching...

Internet: It was down twice in one day... no inclement weather... and has been ridiculously slow all week. I just finished interviewing another IT guy; will wait for a proposal...

Beach trip: Trying to put together a group for an house rental in the Dominical / Uvita area... south Pacific area... for early November...

Accidents: Only two this week: one "T" at a busy intersection and one two passenger sports Audi when moving onto the road, got creamed by an oncoming car.

Adjustments: Given all the tax law changes, I have to make some expensive and offensive adjustments... required legal stuff which just gets thicker and thicker...

News Items of the Week


1. Salary Increase - Judiciary: These are the same culprits who say the law does not apply to them... because they make the rules...

2. DEBT: On average a Tico allocates 64% of their salary to pay debt and these figures do not include private loans and some other significant debt... In North America, a maximum GDS (gross debt service) ratio is 40%... Many of the most heavily indebted are government employees; their interest is deducted at source. The government is launching a debt relief program by forcing government banks to provide loans for the most heavily indebted at a below-market rate and to extend the amortization period and to require the borrower to attend a financial education program for 3 years... this proposal may or many not get passed. I have often remarked on the number of CC people carry, the interest rate charged--45+%, and the absolute ignorance of financial debt calculations... I wonder who they will recruit to teach this???

Salary increase approved for the judiciary

On Monday, the magistrates of the Full Court approved a salary increase of â‚¡4 thousand for the workers of the Judiciary.

The agreement provides that the cost of living adjustment will be calculated for each judicial, according to the date of admission to the institution , in accordance with the effective date of Law 9635.

In the resolution, it was determined that Law 9635 did not repeal or modify the provisions of the Statute of Judicial Service, Law of Wages and Organic Law of the Judicial Power that govern the matter of employment, so that they remain in force.

The point value is adjusted per career in the sum of 13 colones. In addition, it is provided that ...the Directorate of Human Management, in coordination with the Directorate of Information Technology and the Legal Directorate, in accordance with article 173 of the Labor Code, shall proceed to identify and recover any extra sum, which may be generated by payment of the respective remuneration to the Servants of the Judiciary,” they said.

The decision excludes magistrates and staff whose gross salary is equal to or greater than â‚¡4 million.


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


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