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Escazu, June 2011

We sincerely hope you'll enjoy our June 2011 Newsletter


Dear Reader,


To start this month of June 2011 well, in the name of American European Real estate Group, I would like to send congratulations to our affiliate partner in Dominical, Daveed Hollander and his wife Vanessa, the great news of their newly born  Zoe. Zoe is meanwhile 2 months old, fat and loving life. Born in San Isidro with tons of hair. Congratulations mom and dad.  

I also want to announce our newest feature, "Book your trip to Costa Rica" with all kinds of Costa Rica specials and travel discounts to any of the area where the American European Real Estate Group has an affiliate office. Check out more about this deal below.   

For those of you who are looking to sell their property in Costa Rica and you'd like your American European Real Estate affiliate to present your home beautifully, you can now contact Xinia Salazar's daughter, Karla Cordero, who graduated from The British Institute of Professional Photography (BIPP) and The  Master Photographers Association (MPA) and can photograph your property so much better than any real estate agent can ever do. You can find a banner with link to Karla's website on our website, on the left margin below the banner on Luxury Tax. In case you can't find it, go here.  

The rainy season has started well. We've had some incredible rainstorms that lasted 30 minutes but threw more water at us than is normal in a week, but most days are absolutely beautiful.  

Enjoy this June's newsletter,

Ivo Henfling 



The Role of the Closing Attorney during the Real Estate Purchase Process II.

Law Office of Attorney Roger Petersen

Law Office of Attorney  

Roger Petersen


This month of June, well known real estate attorney Roger Petersen, tells us all about the issues you need to look at before closing on your property. Usually your Costa Rica realtor will make sure all this due diligence was completed before closing.

But this article is mainly meant so you will be more educated as a buyer of real estate in Costa Rica and you will understand how much work is involved in a real estate transaction.

Attorney Roger Peterson  is a Bi-lingual experienced real estate attorney who likes to work closely with the realtors involved in the transaction as there are more issues involved than just a transfer of the title. Read more...


Is the cost of living in Costa Rica high or not.



The Tico Times, in February this year, published an article with the title "why is the cost of living in Costa Rica so high".

The Easy Times has asked some of the affiliate realtors to comment on this article. This article said things like "Costa Rica has the highest inflation rate in Central America", "From shopping marts to the gas pump, everything seems to be expensive in Costa Rica.

Is there no end in sight for Costa Rica's rising price tag?" Some experts seem to have found the answer: "My explanation is the appreciation of the colón", "My suspicion is that Costa Rica is so expensive because the price of fuel and the costs to transport the fuel are transferred to the cost of goods" and "We have one of the highest production costs in the region". Read more...


Daniel's corner.  

A mixed bag of information

Rental Agent Daniel Langlois

Daniel Langlois, our rental specialist in the Escazu and Santa Ana area, is also the editor of the Escazu News. Escazu News is a well known online monthly newspaper since 1997 and publishes a mixed bag of information that might help both newcomers and old hands in Costa Rica to find what they are looking for.

Daniel's corner will show you from month to month, lots of interesting information about certain products that you might be looking for, restaurants in the area and services like a plumber or an electrician. He will even publish some Costarican slang, so you can understand what your gardener is trying to tell you.

This month, Daniel will tell you more about Fresh Fruits, Vegetables and Flowers and some Costarican slang you might not have heard of. Read More...


What you should know when you need a mortgage in Costa Rica.

Ivo Henfling Escazu & Santa Ana realtorYou'd be surprised how many emails we get from people who want to buy real estate in Costa Rica and are looking for financing to do so. The reason is that equity loans are not so readily available in the US as they were before and many would like to move before they sell there home because that might take years.

This article will tell you all about getting a mortgage on a property you buy in Costa Rica when you are a Costa Rica resident. But also, your options as a non resident, like using owner financing or using your IRA or 401K for this purchase. Read more...


Special Travel Promotions for our real estate clients. 

Book your trip here

Check this out, you won't believe this. We're making buying real estate in Costa Rica even easier for you as you can now take advantage of our special efforts for you, the buyer. Book your trip to Costa Rica NOW with only $100 down and take advantage of our special packages in Costa Rica hotels and rent-a-car.

The American European Real Estate Group and Vacation City offer our real estate clients incredible advantages when booking their trip to buy real estate in Costa Rica. Check it out NOW, as we have incredible promotions on hotel rates in those locations where our Real Estate Group has affiliate offices.

Make your reservation NOW with only $100 down and you'll get access to these incredible promotions and packages that even include tours and rent-a-car. Read More...


Tico construction is very different from houses that are built in the USA.  

Home Inspector  

Tom Rosenberger


Costa Rica Home Inspector Tom Rosenberger loves to joke about the way Costaricans build their homes and sometimes forget about logic, or at least what is logic to us foreigners. Tom gives us some insight to a different mindset by giving us 16 sarcastic cost cutting secrets for building in Costa Rica.

Every month we try to publish something that will help on understanding that construction in Costa Rica is done on a different code just like you will find different building codes and construction standards in California, New York or Florida. This is mainly because of different geological, geographical and weather situations in each location.

In Costa Rica, we also have to manage the cultural differences on top of that because we live in a tropical climate and we have earthquakes here. Home inspector Tom Rosenberger, came up with some very logical and funny solutions to some very typical Costarican problems.

Read more...



Real Estate Tip of the Month - June 2011

Condominium or secured access community? Part II

Ivo

Escazu Realtor Ivo Henfling

Last month, we saw Part I of this article that showed you if the community is a condominium or just a gated community. This month, we'll explain all about Costa Rica condominium law, bylaws and other things that you should question before you buy a condominium in Costa Rica.  

It doesn't matter where you purchase your condominium in Costa Rica, at the beach or in the Central Valley. The rules are the same. When you buy a condo in pre-construction, you even might to worry even more about the due dilligence you will have to do because in pre-construction the condo you are buying doesn't even exist legally. Read More... 


Another great testimonial from a satisfied client

Nikita Mohammed  

Jaco Beach Realtor

"Nikita Mohammed, your AE affiliate realtor in Jaco has been a great comfort and asset in my search for a home in Costa Rica. I have had some pretty bad dealings with other "agents" in CR and was starting to get really frustrated. Nikita has completely assuaged those feelings and is worth her weight in gold to anyone in need of great real estate representation. Admittedly I am quite picky and she has been supremely patient and dilligent in helping me. Courtesy, knowlege, and experience- what more could you ask for?"

-Ryan D Ousley

California, U.S.A

Feel free to check out Nikita Mohammeds' listings in Jaco Beach or more information on Jaco Beach and surrounding areas. 


In case you have missed our newsletters, with lots of information about real estate in Costa Rica, properties in Costa Rica and other interesting information about living in Costa Rica, see below our last newsletter:

Costa Rica Real Estate News Archive

We have great Costa Rica news for you this month and lots of it, May 2011

Real estate the right way, from coast to coast

Each American-European (Easy Properties de Costa Rica) broker is an independent operator with their own unique style, personality and way of doing business. As a full-time professional, the American-European broker is able to guide, advise and support each client throughout the entire process of purchasing properties in Costa Rica, preventing and eliminating potential problems before, during, and after the sale.

The American-European Real Estate Group was established in 1998 and is the oldest and largest network of independent brokers in Costa Rica. Our brokers and their associates come from many countries and have served literally thousands of Costa Rica developers and clients from all over the world as they invest in or relocate to Costa Rica.


Our network covers Costa Rica from coast to coast and was formed in response to the informality that exists in the Costa Rica real estate market.  

Sincerely,

Ivo Henfling

American European Real Estate Group

ivo@american-european.net

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