THE CORVALLO BEACH FRONT CUSTOME HOME
The Beach Front one story custom home 3 bedrooms, with two and half bathrooms, has a total constructed area of 2500 square feet. Which includes a one car garage and spacious outside terraces and balconies.
The surface area of the property is 408.14 square meter or 4393 square feet.
The Beach Front 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 beach front home is owned presently by Mr. Michael and Mrs. Wendy O’Leary.
This property is one of the best positioned beach front custom home’s sites (Lot # 04) 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” property.
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 the total beaches in Costa Rica are actual “Titled” beach front. In addition concession property can not be legally mortgaged in Costa Rica, while titled beach front property can be mortgaged by most of the Costa Rica bank sectors.
Comparables: All the other two story homes in the Hermosa Palms Development have all been sold from $425,000 to $1,200,000 depending of the size of the homes it and its location in the Hermosa Palms Project.
The seller will possibly accept a cash Offer for possibly the amount of $1,100,000:
The initial deposit of $25,000 has been requested by the seller of the home. These funds should be sent to the buyers representing attorney escrow bank account. Then the buyer can proceed with the necessary legal due diligence.
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 beach front custom home property has registered Costa Rica Corporation. The legal fees for this transaction should be very low, approximately? This is because you only transferring the shares of the corporation to the buyer. There are not capital gains taxes when you transfer a corporation legally in Costa Rica.