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New Water Hook Ups on Stand By

Water hook upFor the next couple of months or so, Tamarindo and the surrounding communities are going to have some dificulties obtaining new, or renovating water letters. Here below you can find an official report from the Asamblea Legislativa of the AYA regarding the water situation in Tamarindo and surrounding areas.

Durante los próximos meses, Tamarindo y las comunidades aledañas tendrán algunas dificultades para obtener nuevas cartas de agua o renovarlas. A continuación, puede encontrar un informe oficial de la Asamblea Legislativa del AYA sobre la situación del agua en Tamarindo y sus alrededores.

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ESCROW in Costa Rica

Escrow service

Are you ready to make an offer on your dream home or to purchase a piece of paradise in Costa Rica, and would like the process of transfer and release of funds to follow the same Pura Vida flow as life at the beach in Tamarindo? Surf that wave at ease by trusting your funds to a neutral and reliable third party!

As for any real estate transaction, also in Costa Rica it is highly recommended to use a neutral – Escrow – account to wire the Earnest money deposit as well as the final balance for the purchase of a property. The use of an Escrow account allows for secure transactions and confident buyers and sellers, allowing them both to lay back, relax and keep enjoying as their money will be safe and the release will be secure.

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How can I obtain CR residency?

Costa Rica Residency

I can’t remember how many times I’ve been asked that question. Well if you plan on buying a property here it could be simple.

The Costa Rican government has historically been open to foreigners investing here, so much so that in early 2011, the government published the regulation to the Immigration law that allows for more flexibility in regards to obtaining a Costa Rican residency.
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The future looks black!

Road to Langosta

Finalmente!!! The road work to Playa Langosta has started in mid-April and the part from Mono Loco hotel to the Y intersection was paved. Plus, the part from Ex-Villa Alegre to the Occidental Hotel. Now the rest has to follow after the missing drainage’s and an additional compacted base was installed. Jose Carlos from ADI Tamarindo kindly provided this information and mentioned that all the work has been done as planned so far and within the assigned budget. We expect that the work will continue the latest in November 2018 to have the Langosta road completed by the beginning of 2019.

Credits to: Jogi Juergen Gerner

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Listing your property at the right price

listing your property

We live in a beautiful coastal area with a low density of population compared to living in a city. Even though there are no huge residential developments around, there is always someone willing to sell his/her property for different reasons. In the real estate business, there are good opportunities to perform as Tamarindo and its surrounding areas are a popular destination.

Some sellers have a well-thought sales price pretension. It might be arbitrary, based on what the property cost them, on neighboring properties they´ve seen sold or on their motivation to sell. Every case is particular and I have run into all sorts of sellers. Some are very stiff on the price they consider their property is worth, others are very motivated to sell soon hence are very flexible.

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Memo Paris launches Tamarindo

Tamarindo perfum
Memo Paris, luxury Parisian perfume house, celebrated the launch of its latest fragrance, Tamarindo. Inspired by the sunshine, crashing waves and tropical fruits and flowers of Tamarindo on Costa Rica’s Pacific coast, this exquisite scent is centred around the fresh sweetness of pineapple, lifted with bergamot oil and leant depth by jasmine, cardamom and vanilla absolute.

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Investing in rental property or tourism sector in Costa Rica

Rental properties

Is Costa Rica still an attractive location for those wanting to place their hard earned dollars in a secure investment giving them a decent ROI through rental income or hospitality revenue?

Looking at the statistics from the Costa Rican INT (1) – National Institute of Tourism – any doubt on this concern will fade. It is clear that the country’s tourism sector was hit by the 2008 financial crisis, but it is even more obvious how the country’s comeback is even stronger. Since 2012 the yearly revenue from tourism is back at it’s 2008 level and growing steadily and firm far above that level ever since, with 2016 showing a yearly growth of 12.4%  and being 43 % above the 2008 level.

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ADI Tamarindo will conduct surveys on community topics

ADI Tamarindo

Help Shape Tamarindo!

In a mixed community such as Tamarindo, where a wide diversity of nations and cultures coexist, reconciling opinions on local issues is complex. However, the respect for opinions and the guarantee of a polite and harmonious coexistence must prevail, as a reflection of the democratic society in which this community lives.

This is the vision of the Integral Development Association of Tamarindo (ADIT) who have organized a procedure for residents to express their opinions regarding community issues.

 

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4 Simple Steps for a Rewarding Purchase Experience

Tamarindo beach

Making a property purchase can be an emotional event in one’s life, we work to make the buying, or selling, process as stress free as possible for you. Here’s a quick overview of the buying process.

When buying a property, anywhere, there are steps that are advisable to follow. Starting off one of the most important steps is to define the area you like.

  • Once you’ve figured that out contact a reputable Realtor that works the area you’ve chosen, give him/her as much information you can about your parameters, along with your budget, and try to be as open, realistic and detailed you can. This will help your Realtor to get started in the right direction and provide you with the best options for you in that area. We here at ABC Real Estate work with a vast data base of properties that include properties up and down the coast around Tamarindo that is fed with our listings and those of Real Estate companies all throughout the region. This is a fantastic tool we use to provide our clients with complete and thorough information of what properties may suit you the best.

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Internet through Fiber Optic

Fiber Optic in Tamarindo area

Coopeguanacaste is a fairly new internet provider and offers internet with Fiber Optics in the Tamarindo area! We had the opportunity to test it out and are pleased so far with the stable internet connection.

Many people ask “What are the benefits of having Fiber Optic internet?” “Is it worth making the change?” Well the fiber optic internet provided is symmetrical, meaning you will have the same speed for uploading and downloading. Besides, there is no loss compared to other systems like with a modem. The Fiber optic facilitates online activities like making online video calls, watching or streaming movies, and recording live footage from security cameras.

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Searching and purchasing your dream property in Costa Rica.

buying real estate Costa RicaEvery continent, every country, every culture has its own sets of habits and different ways of doing things. The same accounts for doing business, such as Real Estate.
As Costa Rica is part of the American Continent, its Real Estate customs show more similarities with those in North America, than in overseas countries.
With the current and ongoing influx of Europeans, seeking for a new place to settle or to enjoy the tropical beach life for mid or long term in Costa Rica, it appears appropriate to give a brief overview of the way the Real Estate world operates in the Tamarindo area and Costa Rica in general. Having some knowledge of local Real Estate habits, will certainly improve any buyer’s experience.

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La recherche et l’achat de votre propriété de rêve au Costa Rica.

buying real estateChaque continent, chaque pays, chaque culture a ses propres habitudes et ses différentes manières de faire les choses. Le même compte pour la façon de faire des affaires, tels que l’immobilier.
Comme le Costa Rica fait partie du continent américain, ses coutumes immobilières montrent plus de similarités avec ceux en Amérique du Nord, qu’avec ceux des pays d’outre-mer.
Avec l’afflux actuel et continu d’Européens, cherchant un nouvel endroit pour s’installer ou profiter de la vie de plage tropicale à moyen ou long terme au Costa Rica, il semble approprié de donner un bref aperçu de la façon dont le monde immobilier fonctionne dans la région de Tamarindo et au Costa Rica en général. Avoir une connaissance minime des habitudes immobilières locales, améliorera certainement l’expérience de chaque acheteur.

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