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2020 Property Taxes are due March 31st

Property owners must pay Property Tax (Impuestos Bienes Inmuebles) and garbage collection fee (recolección basura) to the Municipal Government where the property is located.

Amount: The property tax is 0.25% of the registered value of the property, which is either the purchase price paid or the value assigned by the Tax Office.

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New listing – Amazing Beachfront property at Playa Blanca – US$1,900,000

Large Beach front Property in Guanacaste, Costa Rica - Aerial view 2

Prepare to be blown away by this stunning large beachfront property in Guanacaste, Costa Rica. Playa Blanca, as the Spanish name describes, is a unique white sand beach just north of Junquillal on the Pacific coast located in a secluded bay. The land is above sea level making for beautiful and unobstructed views.

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2020 Municipal Elections

mayor santa cruzEvidence of Costa Rica´s solid Democracy

Last Sunday, February 2nd, 2020 local government elections were held in Costa Rica. Such local administrative units are known as Municipalities. The mayor of a total of eighty-two Municipalities as well as other political positions within them was elected by direct voting of citizens living in each territorial subdivision known as ¨Cantones¨.

This was the fifth election process since a legal reform launched in 1998 which granted more responsibility and direct control over territorial, political, and administrative matters to local governments. The process was a success.

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Property Tax & Garbage Collection

Luxury Beachfront Home in Tamarindo - Front view

Due: March 31stof each year.

Property owners must pay Property Tax (Impuestos Bienes Inmuebles) and garbage collection fee (recolección basura) to the Municipal Government where the property is located.

Amount: The property tax is 0.25% of the registered value of the property, which is either the purchase price paid or the value assigned by the Tax Office.

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New Listing – Lot #12 Punta San Francisco – US$169,000

This nice garden lot in a gated community is located at Punta San Francisco or Punta Madera as the locals call it. It makes the division between Playa Tamarindo and Playa Langosta. At Punta San Francisco or the so-called “The Point”, all the 62 lots are within a gated beachfront community with upscaled residential homes and villas up to US$2.9 Mio right on the beach. The lot has trees and is just a few steps away from the two beautiful beaches, both are famous for surfing.

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Luxury Tax 2020

Luxury Beachfront Home in Tamarindo - Fountain

Due: January 15 of each year.

The Luxury Tax (Solidarity Tax for the Strengthening of Housing Programs) only applies to houses, condos, or apartments over a certain construction value (133,148,400.00 colones for 2020, approx. US $237,765K – this amount is adjusted each year).

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It’s annual Tax Time

Like in other global markets, Costa Rica also has its share of annual taxes. This article will be discussing the annual taxes due for anyone who is an owner of real estate or has a Costa Rican corporation. Not all taxes are applicable to everyone. We will discuss each type below.

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Casa Idaly – Brand new three bedroom home in Playa Langosta- Reduced to US$595,000

Taking it as their own personal project, the owners have been involved along all its construction process, fine-tuning and providing dedicated maintenance to it, making sure all details are taken care of. This is a completely functional flawless beach home ready to move into.

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La Ventola #2 – Cozy 2 bedroom condo, short walking distance to the beach and center of town – SOLD

Looking for a fully furnished condominium that’s walking distance to Tamarindo beach, the center of town, and under $200,000? Well, look no further because La Ventola #2 has everything you need! Consisting of 2-bedrooms, 2 full bathrooms, a small front, and back patio, La Ventola #2 is a great option for anyone who is looking for a turn-key apartment.

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Mark Venegas retired, 11 years at ABC

Friends and colleagues, this is to inform you that Mark Venegas decided to retire from selling Real Estate. After working with the ABC Team for 11 years he is ready to pursue a new project in his life. We are very sorry to see him leave and are grateful for being able to call him part of our company over such a long time. His trustworthiness and reliability was valued by customers and coworkers alike. He was not only appreciated as an agent but also as a friend that he became over time. We will definitely miss him at ABC but what will stay are the memories of good times over all those years. We wish him all the best for his new stage in life.

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Casa Arrecife – Luxury beachfront home at Playa Langosta

 

Casa Arrecife (“Reef House”) is located right on the ocean at Playa Langosta, one of Tamarindo’s most desirable and high-end residential areas. The property sits above sea level with stunning ocean and sunset views all year round from the open-concept kitchen – dining and living space, pool BBQ area and master bedroom. Less than 5% of beachfront properties in all of Costa Rica enjoy this unique privilege, a private titled (fee simple) property.

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