| Location | Plans | Property Description | Prices | Photo Gallery |
BARRACUDA
The two stories Ocean View Custom Home; includes 3 bedrooms, three and half bathrooms, a two cars garage, spacious balconies and many other various options. This exquisite custom home has a total constructed area of 3896 square feet and has a total surface area of 417.25 square meter or 4490 square feet.
The Ocean View Custom home features a gourmet upgraded Italian kitchen, high grade porcelain Italian floors, Italian marble accents, solid wood cedar oversized doors, Italian lighting, two zoned central air conditioning and almost too many other features to mention.
This exclusive custom home is constructed of highest quality concrete and block including all the exterior walls and interior wall divisions. The roof is supported by galvanized steel, insulated barriers and then is covered with authentic Spanish style clay tile.
The custom home is owned presently by a Costa Rica Corporation.
This property is one of the best positioned Ocean View custom home’s sites (Lot # 96) in the Hermosa Palms Development. In addition please remember that this is one of the only residential beach front projects developments in the Jaco Beach area with actual “Titled Beach Front” properties.
Practically all the beach front located presently here in Costa Rica is concession property and is not titled property. Only two and one half percent of all the total beaches in Costa Rica are actual “Titled” beach front. In addition concession property can not be difficult at times to receive a mortgaged in Costa Rica, while titled beach front property can be mortgaged by most of the Costa Rica bank sectors.
A very important factor for your own personal due diligence, is the new construction for the future toll highway or road connecting the capital city of San Jose, which will eventually connect to the fastest growing popular Pacific Beach city of Jaco Beach. The new highway project should be completed in perhaps two to three years time. This will make the estimated driving time now too Jaco Beach in approximately one hour, instead of the present windy two hour trip now. The experts feel that Jaco Beach will eventually become a suburb or bedroom community of San Jose and many people will then commute to their business located in the San Jose area.
In addition the Marriott Los Sueños Marina has some of the best deep sea sport fishing found in the world and is only fifteen minutes from the Hermosa Palms Development. Another area for your enjoyment is the eighteen whole Tony Robinson Jr. golf courses that which is public and located at the Marriott Hotel as well.
This Custom home has been lived in for approximately only one year.
Comparables and Prices:
All the other two story homes in the Hermosa Palms Development have all been previously sold from $450,000 to $2,200,000, depending on the size of the home and the location in the Hermosa Palms Project.
The asking selling price for the Barracuda home is USD $650,000.00 Unfurnished, furnished please place an additional $75,000.00 to the negotiated selling price of the home.
The initial deposit of $25,000 has been requested by the seller of the home. These funds should be held in the buyers representing attorney escrow bank account. Then the buyer can proceed with the remaining legal due diligence for the transaction.
Other information:
- Taxes per year on this Beach Front Custom Home $300 to $400 per year.
- Maintenance or association fees are $350.00 per month.
- Water $25.00 per month.
- Exterior maintenance per month $40.00 (Cutting of grass area).
In addition the custom home property is currently registered in a Costa Rica Corporation. The legal fees for closing this transaction should be very inexpensive. This is because you only transferring the shares of the corporation to the new buyer. There are no capital gains taxes to be paid, because you are only transferring the shares of the Costa Rica Corporation to the new buyer.