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December 2004

November is the month that finds Costa Rica transitioning from the 'Green Season' into the 'High Season'. During the last six months we recorded, on our weather station, 72.5 inches of rain here in Potrero. Just south of Tamarindo, at Hacienda Pinilla, they recorded 150 inches.

This month also signals the beginning of the holiday season. Colored lights start to appear on palm trees, bushes, rooftops, doorways and storefronts. This holiday finds Costa Ricans flocking to their favorite beaches to camp or visit family. The country's business's start to slow down their work schedules until they come to a full stop on Friday, Dec 17th. Employees are given vacations at this time and nothing starts to return to normal until sometime after Jan 10th! It's quite amazing to see wide-open highways, no traffic in fashionable Escazu and plenty of parking spaces. Many shops and restaurants also close just after the 25th to take advantage of the holidays.

Quepos

On November 20, at 2.07 a.m. most of the country was awaken with a jolt. An earthquake that registered a 6.2 magnitude, with an epicenter 9 kilometers northwest of the central Pacific port city of Quepos was the largest since 1991's 7.6 quake in the Caribbean province of Limon.

The quake did not directly cause any deaths but estimates do place structural damage at over $5 million. The National Seismological Network reports that the quake was relatively shallow on the Paquita fault line on the Caribe plate. The experts explain that this tremor is different from previous quakes in the central Pacific, whose epicenters were mainly in the ocean floor.

Potrero, Brasilito and Tamarindo

Potrero was the site for the annual 'Beach Challenge' which is organized by the Country Day School's Parent's Association, to raise funds for local community schools. The fun began at 7 a.m. with surfboard races, beach bike course, walks, runs and the long jump. This is the most important fundraising event of the year for the association. This event helps kids and their families be a part of Costa Rican society by integrating CDS with the local schools.

Ruedi's Run is an established annual event, now going into it's third year, which helps to raise money to keep public spaces, public and green in Tamarindo, This year the money will go to establish a new exercise trail that will provide an alternative walking route to the beach with shade and bridges across waterways.

Costa Rica's National Theatre Company has started a program, which will allow actors from the different regions to participate in a production outside of the nations capital. The director of the company held auditions in Liberia, of some 40 local actors from Guanacaste and chose 18 who will have the opportunity to perform in a full-scale production at the Country Day School in Brasilito. The National Company will provide the sets, costumes and direction.

Playa del Coco

4 years, too many reports, meetings, appeals, letters and hundreds of hours of work by local officials and their supporters has finally given Playas del Coco it's first High School. 3 hectares of town land has been given to build 'Liceo Diurno de Playas del Coco' which will house 150 students from the 7th to the 11th grades.

1Ha will be used for the school buildings with the remaining grounds for recreational areas. The Ministry of Education will give the first installment to start the construction of the first building in time to open for the new school year.

Playas del Coco has never had a high school. In the past the local students - approximately 130 - had to travel to Sardinal and Liberia.

Matapalo

David Chiarappa is a sculptor who uses old tree roots and turns them into works of art. His massive table bases and life-size sculptures can be seen all over San Jose. David who lives and sculpts in Matapalo finds the local Caoba and Cocobolo, 2 of the rarest and most valuable woods in the country, the perfect medium for his art. Chiarappa spend weeks just looking at a tree root before he starts to work it into a form.

Art lovers can learn more just email Daniel: 019@13corporation.com

Papagayo

The Four Seasons Resort opened its golf course to the public for the first time to raise money for a home for orphaned children in the northern region.

This one-day event raised more than $20,000 with 60 golfers from all over the country taking part in the 1st annual Four Seasons Charity Golf Tournament.

It was a treat to play this spectacular course and to help raise funds for Fundacion Corazon de Jesus. This newly inscribed Costa Rican Foundation has

a simple plan. First, buy some land, which has already been identified, east of Liberia. Build a facility to house 30 to 40 orphans that will address all of their needs. The complex will consist of 18 four bedroom homes that will accommodate 6 to 8 children and their foster parents.

Currently the foundation receives no funds from the Costa Rican government, as it must be in existence for a year before it is eligible. The intention is to grow their own fruits and vegetables with a business plan to commercially raise chickens (6 wk old Broilers) in a facility that would generate revenues of about $300,000 by Jan 2007.

Mr. Folsom, who is himself adopted and his wife state that their desire to put together a home for these children says more about their being grandparents..........than his being adopted.

Liberia

Additional full-time immigration and security staff have been hired to help ease congestion with incoming flights at Daniel Oduber International Airport. This is the first increase in staff since 1995, when only charter flights arrived at the airport. The increase staff will allow the airport to extend their hours of operation to 10 p.m. to accommodate late arriving flights. More computers will be donated by the Chamber of Tourism to help speed up the customs process.

The need for additional customs staff to adequately process the increasing numbers of incoming flights is still on the table as the Chamber continues to push their point with the State Treasury.

San Jose

December 1st to the 5th are the dates for the free open-air art festival in San Jose. Painters, sculptors and photographers will be joined by the University of Costa Rica's students who will perform in concerts, magic shows, dance productions and short plays.

The international festival which began 9 years ago with 30 artists has now grown over the years to a record breaking 450 artists from Latin American countries including Mexico, Bolivia, Argentina, Ecuador, Panama, Cuba joining Costa Ricans in the only exposition of it's kind in Central America and the largest in Latin America.

Many famous artists such as Cuban Domingo Ramos, Costa Rican's Edgar Zuniga and Ana Wien will join young unknown artists to display their work in San Pedro, Montes de Oca in San Jose.

Osa Peninsula

The Moore Foundation based in San Francisco, California has given $8 million to the Nature Conservancy to combat illegal hunting, logging, gold panning, mining and squatting in Corcovado National Park. This donation will provide additional funds for park rangers to help protect the Jaguar and Peccaries whose dwindling numbers is cause for alarm. This 54,000Ha preserve has only 25 rangers due to the lack of government funds. Conservation efforts have survived almost solely on donations from area hotels and tour guide companies.

To learn more visit: www.osacampaign.com

Countrywide

Costa Rican authorities announced that tourists from any country may now carry copies of their passports instead of the originals when traveling within Costa Rica. This change is designed to cut down on the number of thefts at tourist’s hotspots such as beaches where belongings are often unattended. Previously all tourists were required to carry their passports with them at all times.

F.Y.I.

  • 'Living Abroad in Costa Rica' by Erin Van Rheenen is a 432 page guide. www.livingaboardincostarica.com
  • 2005 Lunar Calendar lists the dates of meteor showers and other celestial events. www.cientec.or.cr
  • December 1st is the 56th anniversary of the abolition of Costa Rica/s military.
  • The Papagayo Project will leave 70% of its land natural while designing 7200 rooms in various luxury properties.
  • A study confirms coffee plantations planted within 1 km of a rainforest increase their production by 20%. The coffee benefits not only from the soil, water and nutrients but also from the rainforest bees.
  • Costa Rica has what many call the world's boldest pay-for-conservation program. The government pays any Tico landowner to either maintain or restore tree coverage, according to Forest Law 7575.

Have a wonderful December,

Penelope

If you have a friend that you would like to have us include in our monthly newsletters let us know: email us at penelope@lenteckhartproperties.com

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November 2004

Bahia Potrero

Over the past month, we have witnessed several Humpback whales in our bay, spending days at a time cruising from inlet to inlet — it has proven to be a wonderful show of breaching and tail slapping. We have also been fortune enough to witness the birth of a calf. Mom and baby stayed in the area for about two days before heading out to sea, returning a week later for another visit, this time the calf was very active and demonstrated many tail slaps and breaching attempts.

Playa Grande, Las Ventanas and Carbon

The MINAE, the Ministry of Environment and Energy, has plans to consolidate the national park, Parque Nacional Marino Las Baulas, legislated in 1995, thereby declaring the 75 meter strip beyond the maritime national parkland. Playa Grande is one of the few beaches in the country that does not have a maritime concession zone thus allowing property owners to build up to 50 meters of the waterline. Playa Grande is also an area in which the majority of the returning leatherback turtles come to lay their eggs. Their declining numbers over the years has raised issues concerning the nesting grounds. A 16-page study completed by the National University’s, School of Biological Sciences, cites that the real danger occurs out at sea where long-line shrimping and gill-net fishing have resulted in their declining numbers.

MINAE also hopes to purchase property but questions exist as to where the government will get the $300 per m2; the current market value of this special beachfront land. SETENA, another branch of the ministry, is looking over environmental studies produced by landowners who want to develop their lots in what is shaping up to be an embattled issue with no outcomes in the foreseeable future. Current market value costs are estimated to be some $81 million.

Tamarindo’s Growing Pains

2004 is seeing more development than in the previous 10 years combined and projections suggest that this increase will accelerate as new businesses and homes are built. The infrastructure is being severely challenged as a result. Years ago, Tamarindo water companies warned that supplies were limited, and development outside of Tamarindo has depleted the aquifer. Changes in weather patterns to drier seasons have only exasperated the issue.

Tamarindo road conditions are extremely poor with virtually no solutions in sight to improve traffic flow. Wastewater treatment is non-existent in town, leaving many residents with no sewage disposal system.

Much of the property that developers are building is already sold or rented and future demand predicts to exceed supply.

Bat Islands

The local name for the islands off the coast of Santa Rosa National Park in northern Guanacaste, Bat Islands, was declared a World Heritage site in 1999 for the estimated 230,000 species that abound its waters and its 110 kilometers of park coastline.

A new chapter is about to unfold on these islands as the government has officially set down rules to allow dive boats into the area. They have chosen specific dive operators and will allow for two boats per site per day with only one in the area at a time. The number of people is limited to 12, including the guide and the instructors. Only certified divers are permitted to dive and each trip must be pre-registered in Playas del Coco. Such trips will be conducted on a trial basis only until further decisions are made.

Santa Cruz

The Law of Maritime Zone is once again at center stage. Now Tamarindo and Langosta have received an order that names 46 beachfront properties that are in violation. This order speaks to the 50 meters of coastline above the high tide which is considered public property and where construction is prohibited.

Six structures in Brasilito’s Barrio Los Angeles have already been removed as a result of infractions.

Guanacaste’s Five Star Resorts

The two largest tourist developers are making a long-term commitment to local schools in both health and education: Paradisus Playa Conchal will provide financial support for the Ministry of Health’s programs in Brasilito, Potrero and Matapalo. These courses emphasize logic, reading with comprehension and developing creativity in problem solving. Meanwhile, Peninsula Papagayo began a math-learning program to advance the level of achievement in the local area schools. Together, both hotel groups have pledged to join the Ministry of Health in the education of local children on health issues and drug prevention in hopes of better preparing young Guancastans for the future.

F.Y.I.

American and Continental Airlines will add daily flights into Liberia’s International Airport starting the end of December.

US Airways will start a Saturday flight to Liberia from Charlotte, North Carolina.

Iberian Airlines has unveiled direct flights between Madrid, Spain and San Jose.

Nature Air has expanded its 12 destinations to include Limon and Panama. The 19-seated DeHaviland Twin Otter’s are equipped with special observation windows that are twice as large so that passengers can enjoy the spectacular views. Additional information: www.natureair.com.

Another wonderful way to see the countryside is to charter Macaw Air, based out of Tamarindo, for a day trip to Arenal, Limon, or for a tour of the coast. Additional information: info@macawair.com.

Costa Rica beat out Hawaii as the #1 adventure-tourism destination in the world.

Countrywide

Hotels rooms may become scarce by 2006. The ever-increasing tourist population is growing at 8.26% per year while hotel rooms are only increasing by 3.26% per year. The Costa Rica Association of Tourism Professionals estimates that at least 1000 new rooms need to be constructed per year to keep pace with the increased number of flights.

Northern Neighbors

Nicaragua is implementing regulations to protect sailfish and marlin. These new laws prohibit the sale of sailfish or marlin, mandate catch and release and the use of circle hooks for all fisheries. Long liners must now use these specially designed hooks as a means to greatly reduce the catching of sea turtles, manta rays and sea birds. We now look to Costa Rica to follow suit in demanding their commercial fisherman to adopt these same laws. Costa Rica’s sport fishing crews, captains and fishers have long realized how lucky they are to live and work in these rich waters thereby earning a reputation as leaders in conservation fishing practices.

November is on record as producing some of the largest yellow fin tuna this year.

Know someone who would like to receive our monthly newsletter? Simply email us their address.

Email: penelope@lenteckhartproperties.com

Have a great November!

Penelope

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September 2004

Potrero, Brasilito & Tamarindo
“Maritime Zone Clean-up”

These three areas are the immediate focus of the Municipality in Santa Cruz who has targeted more than 50 ‘buildings’ to be investigated.

A scathing report issued by the State Comptroller General’s office criticized Santa Cruz for it’s handling of concession land under the Law of Maritime Zone.

The 30-page report called for the 50 meters of Coastline above the high tide mark to be returned to the public zone and to remove ALL construction.

The commission has come up with recommendations and in a case-by-case study the Municipality will review each building. Some of these cases date back to before the Maritime Law was established. There are others that are also protected under different articles of law.

Santa Cruz has within its boundaries approximately 58 miles of beaches, more than any of the other 11 municipalities of Guanacaste.

The 30 days to adopt ‘corrective measures’ has begun and the Comptroller General’s office expects to see a list of those buildings that are illegal and that must be demolished as well as an investigation into companies given rights to concessions, the implementation to computerize the maritime zone documents and the hiring of legal specialists to control the public zone.

Guanacaste is Costa Rica’s gem and the government wants nothing to spoil this new vision.

Tamarindo Airport

The privately owned commuter airport located to the northeast of town has plans to expand the runway to accommodate bigger twin turboprop aircraft and business jets. They have also applied to the Board of Civil Aviation to charge outgoing passengers to help offset costs.

Currently regulations do not allow private airfields to be longer than 3280 feet or to charge an exit fee. Approximately 50,000 passengers pass through this commuter airport making it the biggest ‘local’ airport in the country.

The upgrading of Tamarindo’s airport would call for the land to be donated to the government with the International Civil Aviation Organization (ICAO) laying down the necessary requirements to comply.

So now the talks begin so that both sides can assess the financial and logistical requirements of such an expansion.

In the meantime our commuter airport is still reached by crossing a creek and often times waiting for cows to move off the road before arriving at a gravel lot to check-in. Pura Vida!

Guanacaste

The 350 Kilometer Annexation Day mountain bike race along Guanacaste’s coast drew more than 150 competitors in several classes, including women from Costa Rica, the United States and Panama. A very significant turn out for its second year.

Known simply as ‘Guanaride’ this 4 stage race started in Liberia to El Chorro and back again then the race continued to Nuevo Colon, Flamingo, Playa Carrillo and on down to Playa Tambor at the tip of the Nicoya Peninsula.

The $4,000. prize is one of the biggest purses in local bike racing. Organizers are already planning next years July event and we will look forward to hearing about their new plans to expand the event.

Papagayo

Jaguar Resorts Inc. is currently working on an alliance to develop a 5 star resort in Guanacaste, ‘JGRT’s’ second project. A developer of luxury membership resort & spa properties primarily in Mexico and Central America.

The “Hot Zone” is identified as Guanacaste’s northern Pacific coast and serviced by recently opened Liberia Airport. This facility has had an increase of over 800% in direct commercial airline traffic in the last 14 months.

Ben Gallagher, Vice President of ‘JGRT’ states “Costa Rica’s northern zone is experiencing tremendous growth, as a result, property values are increasing and will continue to do so which is creating very advantageous investment opportunities for those that are able to take advantage of them.

Headed by Clyde Culp III, former CEO of Embassy Suites and past President of Holiday Inn; ‘JGRT’s’ first property is the 5 star 122 acre ALTA MIRA Resort & Spa which will be located in San Miguel de Allende, Mexico. This groups mission is to be the leading developer of fractional interest real estate resort properties throughout Latin America.

Osa Peninsula

Villa Corcovado is perfectly located between the Pacific and Golfo Dulce, the 10th deepest gulf in the world and one of four tropical fjords on the planet. This magical small hotel has 8 private villas spread out over a hill on 70 acres that descends into the Gulf. The hotel is next door to Corcovado National Park, which has often been touted as one of the most bio-diverse areas on earth. Over 133,440 acres this park is home to macaws, monkeys, toucans, hawks, frogs, sloths, anteater, ocelots and is one of the last strong holds for the Jaguar. The hotel is a wonderful daydream come true for it’s Argentinean owner and professional staff. Their website is: HYPERLINK http://www.villacorcovado.com/

Nation-wide

On August 23rd we awoke to a national strike. We had been reading that some 75-labor groups had grievances and we had been following their stories with interest. The Public employees wanted a 6.5% raise for the last half of 2004 instead of the 4.5% they had received. Taxi and Truck drivers want the RTV (vehicle inspections) shut down and the roads repaired. The Free Trade agreement (CAFTA) is another fear that public employees have, as it will open the door to outside competition. Schoolteachers joined in and finally we weren’t sure who wasn’t involved.

As well planned as this strike was many groups backed out but the 18-wheelers certainly made their point by blocking all major arteries to and from San Jose and other large cities. So finally, the police, in the early morning hours of Wednesday, went from truck to truck and broke up the massive roadblocks. It has been reported that over 1000 semis took part. Things seemed back to ‘normal’ by Friday.

Other News in Costa Rica

  • Currently 300,000 foreigners live in Costa Rica.
  • In 2003 the economy grew 6.5%.
  • October 2004 Iberia Airlines will start it’s non-stop service from Madrid to San Jose.
  • Feb 2005 US Airways will start non-stop service from Charlotte, North Carolina to Liberia International Airport on Saturdays.
  • In the 1st Quarter of 2005 The Rosewood Hotel Chain will start construction on their 80-room boutique hotel on Playa Carmel in Guanacaste.
  • Flamingo has a wonderful new French restaurant, MAR Y SOL. The owners are Alain and his son, Chef Jean Luc Taulere.
  • Costa Rica has approximately 200 public institutions.
  • National Geographic claims “Costa Rica is the country with the most ideal climate in the world.”
  • Money Magazine states “Costa Rica to be the #1 retirement country in the world.”

Our Neighbors to the North

Nicaragua Canal? If EcoCanal has it’s way, yes. Congress awarded this Nicaraguan company a 30-year exploration concession, which proposes to create a river-barge trade route connecting Central America’s predominately west-coast production sector with east-coast markets in the U.S. and Europe.

Currently Nicaragua has no accessible port on the Caribbean coast. Export bound goods are trucked to Limon, Costa Rica or north to Honduras’, Puerto Cortez. Land transportation puts exporters at a disadvantage and EcoCanal is challenged to find a solution.

Researching history of how trade was conducted from 1540 to 1898 the idea is to once again use the Rio San Juan and Lake Nicaragua allowing shallow draft barges to connect the 480 yr old city of Granada and once again establish it as the center for trade. The price tag estimated would be $35 to $54 million.

Two other companies proposed very different plans using high-speed rail systems, linking deep-water ports on both coasts. The price tag for these range from $1.66 to $2.7 Billion. And a fourth The Gran Canal project hoped to connect The Caribbean and Pacific Ocean via Rio Escondido to Lake Nicaragua with a lock system dug across land to the south of Rivas with a proposed cost of $26 Billion.

If EcoCanal gets the nod the estimated time to build is 3 to 4 years and operational by 2009.

If you would like back Newsletters or have a friend that might be interested in getting on our email list let us know.

Email: penelope@lenteckhartproperties.com

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August 2004

Flamingo

ICT, Costa Rica’s Ministry of Tourism held a meeting to review solutions for the closed Flamingo Marina (effective as of Fri. June 18th). The other issue that was discussed is the purposed “Ruta del Sol”, a 460-kilometer (285 mile) road that would begin at La Cruz, on the northern border with Nicaragua, to Santa Teresa at the southern tip of the Nicoya Peninsula.

Conchal

Last month, 50 participants took part in the inaugural Father-Son / Father-Daughter golf tournament at Garra de Leon. This two-day tournament brought many families from the Central Valley, among them was 17 year-old Gloriana Soto, the #1 ranked woman golfer in Costa Rica and one of the top ranked women’s juniors in the US, where she’s a student at the David Leadbetter Academy. On July 24th and 25th the popular Guanacaste Classic golf tournament was played at both Hacienda Pinilla and at Garra de Leon. At this sold-out competition selected players had the opportunity to win a condo at Reserva Conchal.

The Playa Conchal Resort’s 15-year master plan has 3 distinct areas. LA BAHIA contains a 5 star, 308-room hotel, Paradisus Playa Conchal and features Garra de Leon, an 18-hole Robert Trent Jones Jr. designed golf course. This resort anchors the 2297 ac. property, in this multi-phase development, the first of which includes 62 condos that line the third fairway were offered in 2002 for $265,000 to $595,000. The next phase, which will shortly be underway, will be 12, two-to-five bedroom villas priced between $1.6 to $2.8 million; 27 additional condos; residential lots; a beach club; new roads and an administration building. The biggest phase of LA BAHIA will be a second five- star hotel with 220-260 rooms. This ‘European Plan’ hotel will be operational within three years. In addition, 500-700 lots will be released over time, containing a mixture of Villas, duplexes, condos and lots for single-family homes.

LOS RANCHOS, the next area set for development, will have 72 larger lots (up to 6 HA (14 3⁄4 ac) and will be laid out around an equestrian center. Another 18-hole golf course is also slated for this area.

LOS ALTOS, is the third area to be developed, will be Conchal’s most expensive property, located at the southern tip of the 2,297 acres. Here a six- star, 70 room boutique hotel will be developed, along with high priced condominiums, duplexes and villas all overlooking an isolated beach which can only be accessed by boat.

This master plan calls for a complex of green corridors and a 50 HA (123 ac) reserve, allowing native animals and some 80 species of birds to thrive.

Tamarindo

The increasing volume of tourists and residents in the area has led to additional traffic and congestion, leading officials to closely monitor and impose various commercial traffic and parking restrictions. Being proposed are three key initiatives: the implementation of an emergency access road; enforcing regulations pertaining to all vehicles; and the creation of a second route through Tamarindo. The goal of this much-needed plan will be to alleviate crowded streets and allow for ease of ingress and egress.

Peninsula Papagayo

This 840HA (2074 ac) project was officially inaugurated in July by President Abel Pacheco. Peninsula Papagayo is a 28-yr project with phase one now completed. This phase included the Four Seasons Resort which has an 18-hole golf course designed by Arnold Palmer, four private homes (three of which sold for four million each), partial share condos and 20 hillside villas. Slated to open in 2006 will be a 375-slip marina. The entire project will have 8 more luxury hotels with 250 rooms each; 2 more 18 hole golf courses; 200 residential units; a beach club; tennis courts; archeological museum and an equestrian school.

This project initially began in 1982 when Costa Rica passed a law allowing for the state owned land to be developed. Two major investor groups have the mandate to develop the largest portion of the project, including the two peninsulas. A subsidiary of the US based Schwan Foundation and Florida Ice and Farm Co. (which owns Cerveceria of Costa Rica) formed Ecodesarrollo Papagayo S.A.

A project of this scope and size has the whole country watching as they manage water usage with an elaborate plan that is designed to use reclaimed water to irrigate each plant according to species, height and width of canopy. The incorporation of a commercial center complete with an infra structure that allows for 1250 people to commute effortlessly to all points on the peninsula without interfering with the ‘guests’ is unique in this country.

So justly proclaimed Guanacaste has all the future, all the potential with enormous responsibilities.

Liberia

Daniel Oduber International Airport

The Costa Rican government will invest $10 million over the next three years to upgrade Liberia’s International Airport. This will include a new terminal building that will adequately accommodate the new passenger capacity presently being experienced. This facility will handle up to six carriers, at a time, through the use of sky bridges. Other upgrades will include a new ILS beam (Instrument Landing System); cargo facilities are being studied for future implementation.

Pacific Coast

Currently, the only legally built and operating marina on the Pacific Coast is Los Suenos Marina at Herradura Bay, north Jaco. There have been a handful of marinas operating since before the 1998 law regulated the country’s marinas; Flamingo Marina in Guanacaste (currently closed), Yacht Club in Puntarenas, and Banana Bay and Samoa in the southern zone, Golfito.

Now there are 11 new marinas being proposed, extending from the northern Pacific Coast; Cuajiniqull; Papagayo (opening July 2006); Playas del Coco; Flamingo (new concession to be awarded in October 2004); Playa Carrillo; Playa Naranjo; Mata de Limon; Punta Leona; Quepos; Puertocito and Golfito.

Most proposed marinas will feature between 200 to 300 slips costing $10 to $20 million. Several projects propose to start before years end.

Email: penelope@lenteckhartproperties.com

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July 2004

Guanacaste:

Flamingo

The Flamingo Marina was ordered closed by the National Coast Guard. This day came as no surprise. Sited by the Ministry of Public Safety for operating illegally for more than 10 years, all boat owners were told to vacate their slips by 7a.m. or have their boats removed by the government officials. So now we see lots of new moorings in the bay with boats ferrying their passengers via new dinghies to and from the beach. The marina will remain closed until the process to re-issue the concession to a new developer-manager is completed. The new marina complex will include new docks, slips, shops, restaurants and a possible hotel. October is the month when the government will reveal who the new operator.

Pinilla

Hacienda Pinilla is now offering a 20% discount on the spec homes that where constructed in 2000. This is an excellent opportunity to get in on the ground floor of what promises to be a community planned around, golf, and horseback riding and living on the Pacific Coast.

Northern Pacific Coast

For the last 3 weeks our ocean has been red. Marine Biologists have warned against swimming along the Pacific Coast. Many are calling this the worst red tide in years. As higher than normal concentrations of microscopic algae germinate rapidly in a broadband extending up to 25 miles off shore, this natural occurring phenomenon happens when the temperature, salinity and nutrients reach certain levels. Scientists have confirmed that this ‘red tide’ is non-toxin, but that did not remove the very strong odor nor the resulting rash if you came into contact with the water. Red tide in Costa Rica signals the change of seasons from High to Green. These tides cannot be predicted and to date there is no known means of control. We are all very please to finally see our crystal waters again!

Liberia

Growing pains for Daniel Oduber International Airport in Liberia. The Minister of Tourism for Costa Rica acknowledged that the infrastructure and resources were not keeping pace with the rate of growth of the tourist industry in Guanacaste. Last year tourism grew 12%. 2004 expects an additional 10%. Guanacaste is now the #1 destination for tourists in Costa Rica. Currently there are 19 scheduled flights per week landing in Liberia.

Air Canada, USAir, United, Iberia and Spain’s Air Madrid are all in talks, all wanting direct flights into Liberia. Travel to Costa Rica grew faster than any international travel.

Tamarindo & Pinilla

Robert August, of ‘Endless Summer’ fame held his 2004 Annual Surf and Turf fundraisings event last month to benefit the local High School and the Orphanage in Santa Cruz. First you played 18 challenging holes of golf at Hacienda Pinilla and then those brave enough entered the 1-day surf contest. Lots of parties evolved around this 4-day event, which raised more money for their charities than in previous years.

Country wide

San Jose

CAFTA still has a long way to go before the Central American Free Trade Agreement becomes reality for Costa Rica. The process to date has taken more than a year of negotiations, months of legal revisions and now the legislative bodies of the seven participating countries will vote to ratify or reject CAFTA.

Escazu

The American community once again held it’s annual July 4th celebration and this time did so on the 3rd at the Cerveceria’s new outdoor park as the numbers of American’s living here has outgrown the grounds at the US Ambassador’s residence in Escazu. Again your ticket into this free event was your passport!

Pacific Coast

Local hotels, during the ‘Green Season’, May 15 to Nov 15, offer wonderful escapes and surprises. Art exhibits, music festivals, theme dinners and guided nature walks with naturalist as well as other specials on many excursions.

Caribbean

Organic cacao is being grown in Talamanca, Costa Rica’s southern Caribbean zone. Fast becoming famous for producing some of the finest organic cacao in the world. This product is now prized by the manufacturers of fine chocolates in Europe. What start as a few neighboring farmers has grown to a cooperative, some 800 strong. Their exports are now up to 200 metric tons per year.

From my desk

Have a question or want more information please email us or pass on a friends name to be included in our monthly newsletters.

Happy 4th of July

Email: penelope@lenteckhartproperties.com

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June 2004

Guanacaste Allure

Guanacaste, one of Costa Rica’s seven provinces, is the largest with 6,300 square miles and the least populated. In contrast, Liberia, the province’s capital, has 35,000 inhabitants. Located 175 miles north of the country’s capital of San Jose, This province is known as the Dry Forest, with seemingly expansive planes ideal for cattle ranching and tree farms. Officially designated by the government for tourism development, Liberia Airport became the country’s second International airport in December 2002.

Guanacaste has numerous national parks and reserves, boasting a wide variety of flora and fauna. Since it’s inception in 1969, Costa Rica’s National Parks has designated 39 such areas and has established numerous biological reserves, covering over 1.5 million acres or 25% of Costa Rica’s total land area. Such places as the Cloud Forests, mangroves, coral reefs. marine reserves, sea turtle nesting sites, sea bird roosting islands, rain forests and dry forests are among those that account for Guanacaste’s preserves. These truly unique and diverse geological areas offer numerous natural phenomenons from active volcanoes and thermal springs to scenic landscapes with cascading waterfalls and roaring rapids.

Famous for its spectacular Pacific Coast beaches, that span over 100 miles. Guanacaste offers both visitors and residents sunny days with warm crystalline waters – the perfect backdrop for a multitude of water sports as well as world-class sport fishing. A tour into the regions interior will find you hiking in rain forests, white water rafting, taking float trips and canopy tours, bird watching, mountain biking, wind surfing or simply soaking in natural hot springs.

In addition to its three, 18 hole championship golf courses, Guanacaste has also recently experienced an insurgence of hospitality interest with four major hotel conglomerates all heavily investing in the area. On-going resort developments include ultr-private condominium projects, town homes, single-family residences and estate sites. Such masterly-planned properties will be equipped with medical facilities, marinas, commercial town centers, private beach clubs, and entertainment complexes with restaurants offering international cuisine. With oceanfront locations, all of these hotel properties will be no more than an hour’s drive from the Liberia International airport.

Local News

The Flamingo Marina, located in north Flamingo, considered to be one of the more prominent ports-of-call for private yachts and cruise ships, remains open while the Municipality of Santa Cruz works to select from six foreign and national consortiums who have all applied for the right to develop and manage the marina. All bidders must present their master plans complete with environmental studies and detailed overviews of the number and types of commercial establishments that will make up the new marina.

Papagayo Golf and Country Club is under construction just 6 miles southeast of Playa del Coco. This 18 hole golf course will be the first semi-public golf course in this area. The first 9 holes are slated to be ready for play by November 2004. In addition there will be driving and practice ranges, a clubhouse with a restaurant, swimming pool, tennis and racquetball courts, open parkland, condominium sites and 130 residential lots.

The three year old Country Day School, located in Brasilito and it’s older parent-campus in Escazu are up for sale. All serious offers are being considered at this time. The Country Day School, a private, non-sectarian English-language school, teaches a traditional college-preparatory education and is regarded as one of the top ten institutions in Latin America.

Last month local land owners learned that the Costa Rican government’s environmental watchdog, MINAE, had stopped approving building permits for housing developments on property fronting Playa Grande, ( 25 minutes south of Playa Flamingo). The primary motivating factor behind this decision was the critically endangered leatherback turtles which nest each year along this beach. Prior to this, Playa Grande was one of the few beaches in the country that did not have a maritime concession zone which as a result, enabled private property owners to develop within 50 meters of the waterline. In 1995, the Legislative Assembly, under great pressure from environmental groups, passed a law declaring a 75 meter strip beyond the maritime zone at Playas Ventanas, Carbon and Grande deeming all as national parkland. The resulting 8000 HA which extends into the ocean became Parque Nacional Las Baules. Landowners are now hiring biologists to carry out extensive studies in which to present to the MINAE, in hopes of gaining permission to proceed with property development. A favorable, 16-page report cites that the real danger lies out at sea, where turtles come into contact with long-line shrimp and gill-net fishing and not where they come ashore to nest. Both property owners and environmentalists are calling for a coordinated conservation strategy to both protect the nesting sites of these leatherback turtles and landowner property rites.

Most recently, the ‘Green Season’ arrived which has once again transformed the region into a blooming tropical paradise. For locals, this proves to be our favorite time of year. Glorious mornings, warm afternoon showers, and spectacular sunsets. Temperatures during this time range from mid 80’s in the day to 70’s in the evenings. Such simple pleasures are what we call, pura vida.

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Email: penelope@lenteckhartproperties.com

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May 2004

Following the Rules is the Way to Protect Property

Horror stories abound of property owners not doing their homework or in other terms due diligence and losing their property to unscrupulous third parties, including squatters, and/or tax authorities.

The correct registration of a property is the most important element of land ownership and not the deed in Costa Rica. Just because someone appears to be the legal owner of a piece of real estate does not necessarily mean they are.

Similar to the laws in the U.S. state of Louisiana, real estate ownership under Costa Rica law is divided into 2 elements. One person has the use of the property and another has the ownership. The person with the use is said to have usufruct (referred to as the usofructo in Costa Rica) of the property, whereas the owner is called the naked owner. When you own or purchase a piece of property, you need to be sure you have the rights to both.

Also, like in Louisiana, property can be held indivision between one or more people. This means each person can hold an undivided interest in the property, none owning any particular piece because each owns a portion of the whole.

This kind of property ownership is very common in Costa Rica, especially in large families and is divided mostly for inheritance purposes but can cause a quagmire of legal problems. For example, one person dies in the indivision ownership and his/her death can force liquidation of the whole to satisfy the estate of the person who dies.

Another risk is that one of the owners is sued and the ownership of his/her portion is attached by the court, which could cause a liquidation of the whole to pay the judgment. More importantly, the individual parts cannot be sold with the right of use because the parts depend on the whole. However, the unscrupulous have been known to sell these pieces to the unsuspecting because they are not familiar with this type of ownership.

Costa Rican law is based on civil law and not common law, as in the United States. Civil law equates to details and procedures, and the rules are the name of the game here. Simply not doing something right can put your piece of Costa Rica in jeopardy.

You need to be sure your property is correctly registered with the Costa Rica Registry or Registro Nacional; HYPERLINK http://www.registronacional.go.cr/ You need to be sure you have the kind of title you think you have. You should have a receipt showing your territorial taxes are paid and a certification from the municipality reflecting you paid up with that entity too.

Many older properties do not have catastros or official topographical maps registered with the national registry and the municipality. This is very important. Not having one probably means the territorial taxes of a piece of property have never been paid.

Paying property taxes is an integral part of property ownership in Costa Rica and believe it or not most people have never paid the basic taxes on their properties.

A check of your current holdings in Costa Rica is a good idea especially now in the country’s new climate of going after those generally not following the rules.

Email: penelope@lenteckhartproperties.com

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Lent Eckhart Properties Costa Rica

Lent Eckhart Properties - Costa Rica
Surfside Commercial Center
Playa Potrero / Flamingo, Guanacaste
Telephone: 011-506-2654-4291 / Fax: 011-506-2654-4079
E-mail: lenteckhart@lenteckhartproperties.com

All contents Copyright© 2003, Lent Eckhart Properties, all rights reserved.
Revised: Feb. 10, 2006