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Real Estate

Source: Flickr Commons Fractional Real Estate Transactions on the Rise in Costa Rica

Guanacaste, Costa Rica (PRWEB) April 20, 2015 - With a 128% increase in inquiries and sales over the first 90 days of 2015 vs. 2014, the exclusive Hacienda Club, a luxury fractional Private Residence Club at Hacienda Pinilla in Guanacaste, Costa Rica has set the bar for fractional Residence Clubs in Latin and Central America. The Hacienda Club, launched in 2013, has seen a dramatic increase in ...

Wikimedia Commons Rupert Murdoch Lists Manhattan Apartment for $72 Million

Wikimedia Commons New York, Apr 16 (EFE).- Rupert Murdoch is putting his 3-story New York apartment on the market for $72 million. The 84-year-old communications magnate, who was born Australian but became a nationalized U.S. citizen, has decided to move from the Manhattan apartment, with its 637 square meters (about 6,850 square feet) of floor space, to a Greek Revival townhouse in the cen...

Screenshot from Google Maps This Island Off Puerto Rico Will Cost You $2.5 Million

Screenshot from Google Maps San Juan, Apr 6 (EFE).- Cayo Ratones, a 10-hectare (24-acre) island off southern Puerto Rico that has just one solar-powered wooden house with a swimming pool, has been put on the market for $2.5 million. Puerto Rico Sotheby's International Realty is handling the sale and its president, Margaret Peña Juvelier, told Efe that "people from several parts of the world...

Wikimedia Commons Finding Real Estate in Costa Rica For Your Hybrid Vehicle

Wikimedia Commons One of the highlights of this year´s ExpoMovil consumer auto show in Costa Rica, besides the seductive models and the brisk business realized by car loan brokers, was the interest in plug-in hybrids and passenger vehicles that are not fully powered by fossil fuels. In recent years, environment and conservation analysts bemoaned the little interest shown by drivers in Costa...

Mediterranean Style 4 Bedroom Home in Playas del Coco Strong Sales of Vacation Real Estate in Costa Rica

Beach house in Costa Rica The ongoing economic recovery of the United States is having a positive impact on select housing markets in Costa Rica.   Whereas real estate development was particularly strong last year in the province of Guanacaste, analysts are seeing greater construction activity in the province of Puntarenas, particularly in the Central and Southern Pacific Coasts. Ac...

Source: Brisas de Osa New Luxury Real Estate Neighborhood Opens in Costa Rica

Source: Brisas de Osa Uvita, Costa Rica - March 13, 2015 /MarketersMedia/ -- The developers of the much anticipated Brisas de Osa gated community in Costa Rica are proud to announce the unveiling of the project to the public. The development firm announced their initial public launch by releasing a selection of ocean view home sites overlooking the majestic coastline of Costa Rica's souther...

front view of the luxury house in valle del sol costa rica Housing Markets in the U.S. and Costa Rica Show Stability

Beach house in Costa Rica Washington, Mar 4 (EFE; additional context by The Costa Rica Star).- The pace of new home sales in the United States increased 0.2 percent in January to an annual rate of 481,000 units, the Commerce Department reported Wednesday. In Costa Rica, the first quarter of 2015 indicates strong interest in new construction and the mortgage markets. Here's the Real Estate S...

Source: Wikimedia Commons Real Estate Agent from Costa Rica Indicted in the U.S.

Source: Wikimedia Commons A woman from Costa Rica is facing eight felony charges of bank fraud in the United States. According to a report by California television station Channel 10, Gabriela Carter has many years of experience as a real estate broker in the Golden State, but her troubles emerged from a time when she was acting as a mortgage loan officer. Ms. Carter could face a prison term o...

front view of the escazu costa rica townhouse Formal Opening of Keller Williams Realty in Costa Rica

A nice home in Costa Rica Austin, TX (PRWEB) February 24, 2015 -  Keller Williams, the world’s largest real estate franchise by agent count, announced that it has awarded its first region in Central America to a group of business leaders led by Allen Lungo. “Over the past six years, I’ve talked with hundreds of Keller Williams agents and all of them have said it is the best company with whi...

Source: Modernize.com How to Build a Home to Sustain the Costa Rica Climate

Source: Modernize.com This article, written by Jane Blanchard, was kindly provided by Modernize, an Austin, TX-based provider of residential construction and renovation solutions. The Republic of Costa Rica is a patchwork quilt of micro climates. In Playas Del Coco, on the westward Pacific coast, leisure travelers snorkel in blue-gray waters warmed by abundant sunlight and fed by 55 inches ...

Source: Pixabay Commons Real Estate Trend: Furnished Beach Cottages in Costa Rica

Beach house in Costa Rica As part of an effort to make real estate listings in Costa Rica more attractive to house hunters, homeowners are now following the advice of their agents and selling their properties furnished. This trend is particularly on the Pacific Coast of Costa Rica where new listings of homes located in coastal communities near the beach are  including furniture in order to swe...

front view of the escazu costa rica townhouse Major Real Estate Franchise Expands to Costa Rica

Beach house in Costa Rica ORLANDO, FLORIDA (PRWEB) February 09, 2015 - After another record-setting year of growth, productivity and profitability gains, Keller Williams announced it has become the largest real estate franchise by agent count in the world. The Austin, Texas-based company added a net gain of 17,000 associates in 2014, increasing its worldwide associate count to more than 112,00...

Source: Maria Jose Trejos An Attractive, Cubic and Sustainable Home in Costa Rica

Source: Maria Jose Trejos A very stylish and highly sustainable residential housing solution in Costa Rica was designed by architect Maria Jose Trejos on a spec assignment from a client who works as a professional photographer. The idea was to gain inspiration from the work/play philosophy practiced by tech companies such as Google; in essence, to create a space to foster creativity and indust...

Source: Central College News Costa Rica Inspires Cheap Home Building by US Students

Source; Central College News Following a class trip to Costa Rica in 2014, two university students from the United States returned to their campus in the midwestern state of Iowa and sought to complete an environmental science project inspired by their accommodations in our country. While in Costa Rica, Amy Andrews and Ethan Van Koote stayed in little shacks powered by solar panels; in essence...

Source: Gurpo Faro Luxury Housing Solutions in Alajuela, Costa Rica

Source: Gurpo Faro The latest trend in luxury real estate solutions in Costa Rica is no longer confined to the Central Pacific Coast or the western portion of the Greater San Jose Metropolitan Area (Spanish initials: GAM). The city of Alajuela and its surrounding communities are the new destinations for well-to-do Ticos and expats who are in the market for upscale homes. According to a new ...

Source: Pixabay Commons Buying a Home in Costa Rica’s Gold Coast: Conclusion

Tamarindo Beach On the final installment of Kristine Gorman's real estate adventure in Costa Rica, she runs into some issues with regard to her plans of acquiring an investment property in the Gold Coast beaches of Guanacaste. Still, the Boston accountant persevered and is now the proud owner of a condominium unit in Tamarindo Beach. Before reading this insightful account of purchasing resi...

Source: Crocodile Bay Unique Residential Marina Project Announced in Costa Rica

Source: Crocodile Bay Osa Peninsula, Costa Rica (PRWEB) January 06, 2015 - Crocodile Bay Eco-Resort located in the Osa Peninsula, Costa Rica, has announced its partnership with Sinergo Development Group to oversee the master planning and development of the first branded residential resort and marina within Costa Rica. The first phase of the project, named The Sanctuary at Osa Peninsula, is ...

Source: Kirebe.com New, Ultra-Luxurious Development in Costa Rica

Source: Kirebe.com In keeping with the ongoing trend of upscale and luxury residential neighborhoods in Costa Rica, a renowned developer recently announced a new project that seeks to attract expats and locals who enjoy a safe and pampered, maintenance-free lifestyle. To this effect, residential development firm has acquire 33 hectares of land in a scenic area located 300 meters northwest of t...

front view of the luxury house in valle del sol costa rica Owners of Luxury Homes in Costa Rica Dodge Tax Legislation

Tax collectors in Costa Rica are ready to start looking for owners of luxury properties who lease their homes for less than 30 days at time; however, they currently lack the legislative approval to do so. This does not mean that preliminary investigations will cease until a law is passed; in fact, revenue investigators will increase their intelligence collection in the next few months.   ...

Grecia Majestic: Grecia in Costa Rica, from the Air (VIDEO)

Church in Downtown Grecia The Grecia canton of the province of Alajuela is located in the northwestern edge of Costa Rica’s Central Valley. Although it is technically part of the Greater San Jose Metropolitan Area (Spanish initials: GAM), this canton is removed from the chaos that the lovable city of San Jose is often derided for. Over the past few years, a quiet expat community has been se...

Dreams Las Mareas Luxury Real Estate Development Greatly Expands in Guanacaste

The massive Santa Elena luxury resort and housing complex in Guanacaste is set to expand within its 1,000 hectares over the next 15 years with new hotels and gated communities. Such was the report filed by Cristina Fallas Villalobos of business weekly El Financiero earlier this week. Readers of The Costa Rica Star will remember that we reported on the Dreams Las Mareas beach resort earlier this...

Front of the Paradizio Condo development in Playas del Coco The Late 2014 Real Estate Market in Costa Rica

With the holiday season around the corner, real estate analysts in Costa Rica are busy preparing their forecasts for 2015. The housing market in Costa Rica has changed considerably in the last two years, and one of the most noticeable factors is the reduced participation of foreign buyers during the green (rainy) season of 2014. This does not mean that real estate agents in Costa Rica have not bee...

ventanas del mar Amazing Mountaintop, Ocean View Neighborhood in Costa Rica

Despite economic uncertainty in Costa Rica, the luxury real estate development sector has experienced a solid year. This is specially the case in the Gold Coast beaches of Guanacaste, where developers are continuing to build exuberant gated communities in the highlands so that residents can enjoy sweeping vistas of the Pacific Ocean. One such project breaking ground at this time is Las Ventanas de...

Costa Verde Hotel Aircraft Repurposing in Costa Rica Gets Recognition

El Avion Restaurant and Bar, 22 Manuel Antonio Road, Manuel Antonio, Costa Rica Two major tourism spots in Costa Rica are made from decommissioned aircraft that used to fly around the world. The Costa Rica Star has previously reported on these two unique attractions: One is a former United States military cargo plane with an interesting Cold War background that has been converted into a bar...

waves at the beach in costa rica Buying a House in Costa Rica’s Gold Coast, Part 3

Tamarindo Beach in Guanacaste Costa Rica On the third installment of Kristine Gorman's real estate adventure in Costa Rica, she runs into a snag in her plans of acquiring an investment property in the Gold Coast beaches of Guanacaste. Still, the Boston accountant persevered and is now one step closer to her goal of retiring in our country with her family. You can read Part One here and Part...

Cloudbridge For Sale in Costa Rica: A Cloud Forest Reserve (VIDEO)

In this video by U.S. journalist and videographer Elizabeth Donatelli, she visits the vast Chirripó National Forest of Costa Rica and somehow manages to hike up a cloud forest reserve in her sandals. Then she turns into real estate agent and tries to sell you the amazing Cloudbridge Nature Reserve. For $899,000, it is a bargain; however, absent landowners need not apply: A contractual ownership cl...

Punta Loros Planned Luxury Resort in Costa Rica Moves Ahead

Punta Loros, a planned luxury resort and development property that spans 800 acres in the Central Pacific coastline of Costa Rica, recently tendered its environmental impact study to the Technical and Environmental Secretariat (Spanish acronym: SETENA). The study is an important part of the compliance process required to make this ambitious project a reality. According to a news report by Spani...

Source: Pixabay Commons Buying a House in Costa Rica’s Gold Coast, Part 2

On Day Three of her Costa Rica real estate adventure, Boston accountant Kristine Gorman gets even closer to fulfilling her dream of retiring in our country. On Days One and Two of her trip to Guanacaste, Kris and her family stayed in Playa Flamingo and were very close to making a formal offer on a home on a condo in Tamarindo Beach. To learn more about Kris and her expat mission, read our previous...

Paya Flamingo Buying a House in Guanacaste, the Gold Coast of Costa Rica

Source: Flickr Kristine Gorman is a tax accountant from the New England region who is planning on becoming an expatriate in Costa Rica. She is 41 years young and is looking to one day retire here with her significant other and their 2-year old child. She was recently in Playa Flamingo, looking at properties in one of the Gold Coast beaches of Guanacaste. She has been kind enough to share her e...

Mel Gibson Once Again, Mel Gibson Lists His Costa Rica Mansion

One of the most famous properties in Costa Rica is once again up for sale. Hacienda Dorada is located in Playa Barrigona, one of the vaunted Gold Coast beaches of the province of Guanacaste, and it is owned by Hollywood star Mel Gibson. A cursory search of news reports published by The Costa Rica Star in the last three years indicates that this is not the first time Mr. Gibson is looking for buyer...

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