Playa del Coco / Guanacaste: Condos for Sale

1 Playa del Coco / Guanacaste

79.900 $

51 m²

1

Project Description/Amenities
• Two buildings composing of 1 bedroom, 2 bedroom and split-level lofts units totaling 38
apartments.
• Built to exceed California Construction Code.
• Tastefully designed and landscaped.
• Large infinite pool with 20 person jacuzzi and swim-up bar.
• On-site property management.
• Eco-friendly with a recycled water treatment plant.
• Back up water system.
• In suite and common laundry.
• Plenty of room to sun tan with abundant pool side furniture.
• Optional rental pool.
• Elevator.
• 24 hour security.
• Concierge.
• Maid services.
• Wireless internet.
• Wash and fold services

FINANCING OPTIONS
Option I: We finance 50% of the condo’s selling price starting at 6%, interest-only for up to a 5-year
term. The mortgage is transferable and can be paid in part or in full at any time, with no
penalty. The client will have the option to rent the unit on their own or place the unit into
our “Rental Pool Program”. If unit is not placed in the rental pool the client is responsible for
maintenance, electricity, water, and property tax. If the unit is rented by the client, maid and
check- in services will be available for the client.
Option II: The client chooses our Developer’s Rental Guarantee Program. The program works the
following way; the client purchases the unit with a minimum of 50% down. Then places the
condo into our program for a period of 5 years or less (client can pay off at any time without
penalty). The client will have up to 1 month annually and will be responsible for the
maintenance, utilities and cleaning if necessary, for the month. During the remaining 48
weeks the developer will place the clients unit into the rental pool. The proceeds of the rental
pool will go towards covering all the condo expenses including utilities, maintenance,
cleaning etc. If the rental income does not cover the condo expenses (mortgage, cleaning,
utilities etc...) the developer will be responsible and guarantee the difference. In the event the
income generated by the rental program exceeds the condo expenses, the developer will keep
the difference. At the end of the 5-year term, the client will be responsible to make the
balloon payment to cover the remaining 50% of the condo’s price. The client can pay off the
mortgage at any time during the term without any penalty.
Option III: The client buys the unit outright and earns income from the rental pool.

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Location
• North West Pacific coast of Costa Rica on the Papagayo Gulf, the most sought after
area in Costa Rica.
• Twenty-five minute drive from the Daniel Oduber International Airport in Liberia.
• Four blocks to the sands of Coco Beach.
• Walking distance to the main drag where you will find casinos, supermarkets, night
clubs and an abundance of restaurants.
• Close to a wide range of activities such as canopy tours, deep-sea fishing, golf, atv
tours, hiking, surfing and hot spring excursions.
• A short distance to many more beaches.

BUILDING A (FACING SOUTH)
33 have already been sold, leaving only 6 available units.

Below you will find short descriptions and condo pricing, as well as exact locations of each available unit in our building floor plan.
Unit 104: Fully Furnished Studio Apartment – $82,000
Unit 107: Fully Furnished Studio Apartment – $82,000
Unit 108: Fully Furnished Studio Apartment – $82,000
Unit 203: Fully Furnished 2-Bedroom Condo – $145,000

Building B
CONDO UNIT PRICING
CONDO TYPEAREABASE PRICE1-Bedroom Condo550 sq ft.$79,900 unfurnishedpartial-view550 sq ft.$85,000 unfurnishedocean-view550 sq ft.$90,000 unfurnished2 Bedroom Condo1100 sq ft.$149,900 unfurnishedpartial-view1100 sq ft.$159,900 unfurnishedocean-view1100 sq ft.$169,900 unfurnishedCLOSING COSTS & MAINTENANCE FEES
■Purchase includes a freshly registered Costa Rica corporation.
■Closing costs are 2.5% for both one and two bedroom units.
■Maintenance fees are $1.50 per month, per square meter.
■Property taxes are less than $200 annually.
There are NO “hidden costs” and this is NOT a timeshare or fractional ownership