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This is a fully furnished 2-bedroom unit situated in a 2-story building, which has two units on the ground floor and two units on the 2nd. - Listing RET734 (Asking Price US$159,000)
including furniture and appliances, at a savings of $10,000,00.
LOCATION:
Each unit is the same size (1,250sf) divided into 800 sf of interior space and 450 sf of covered front and back terraces. UnitS 106 A and B are on the ground floor; Units 106 C and D are on the 2nd. Floor. The solid masonry demising wall (common wall) as well as the 5" concrete slab prevent sound transference.
The resort is 5-15 min to Forums 1-2-3, Multi Plaza Mall the countries largest mall with many designer name stores, large supermarkets, super medical facilities and services, excellent hospitals and pharmacies, fine local and international restaurants, near local airports and the capital city of San Jose and much more. Transportation is provided by personal/ rental cars as well as taxi and excellent bus service throughout the area.
THE RESIDENTIAL:
The residencial is a secured gated community of 24 homes and 4 attractive apartments which are surrounded by large flowering and fruit trees, manicure shrubs, traditional Costa Rica statues everywhere all within a huge maintained garden setting which is lighted every night. At each end of the garden are two swimming pools with waterfalls, surrounded by lounging sun bathing and social areas, covered ranchos containing gas Bar B- Q grills, gym equipment, hammocks, bathrooms and a shower area. Pozos is a quaint and quite town where cars and horses co-exist peacefully and where woman, children and families still walk the streets after dark safely. The Resort is a diversified ex-pat community where working and retired people live and english/ spanish are the common languages among its residents. Natural stone, lighted walkways meander thru the garden connecting ranchos, social and personal areas. The water is clean, clear and ample from a deep well. The Resort also provides a remote gate entry system and intercom, handicap accessible, local cable and satellite television services, high speed internet and wireless connections, individual telephone service, onsite property management and maintenance and one parking space for each house and apartment. Visitors parking sites are available, cats and birds are welcome.
LEGAL STRUCTURE:
The purchaser becomes a shareholder in a corporation which owns the property. The shares entitle the owner/ shareholder to the "RIGHT OF EXCLUSIVE USE IN PERPETUITY" of a specific unit and the common element property. The administration and the operation of the corporation is as a condominium in North America. Board of directors are elected by the shareholders and hires a property management company to execute day-to-day management. "Exclusive Use" property is clearly defined as well as is common element property. Monthly amenities common element fees which include the maintenance of the pools and its amenities, gardens, walkways, streets and parking areas, exterior building maintenance, property taxes, insurance, water and a reserve fund provision. Currently, my condo is assessed at $225. per month which is very inexpensive compared to other condos in the area. The resident association rules and regulations as provided in the covenant package may be given to interested investors. Such covenants are commonly found in condominiums in North America and are clearly stated therein. The legal documentation is modeled after Canadian and North American condominium laws and modified to fit Costa Rican laws. Each unit has been allocated a set number of voting shares out of a possible 200 shares. These shares can be re-sold or gifted without restrictions.
DESCRIPTION:
Total Area (Sq Ft):1250
Total area (Sq M):120
Bedrooms:2
Bathrooms:2
Floor(s):Ground Floor
Type:Condo
Furnished:Yes
Providence: Santa Ana
Region:Central Valley
Price: $164,000,00
Financing: Cash Sale
Security: Home Alarm
Parking: 1 car
Services: Electricity, Gas, Phone, Cable, Internet.
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