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ecocommunity ocean and mountain view lots for saleA select offering of Costa Rica property for sale is now available at pre-construction prices by Finca Las Brisas. The Costa Rica property (individual lots) listed on this page are 5,000 square meters (1.25 acres minimum, some slightly larger) and are available at the prices listed below (prices subject to change at the discretion of FLB).
Also included for FLB lot owners at
no additional charge is access to and use of the following:
Cost Rica Property and Lot Layout:
The Master plan below identifies the community area but not the entire Finca Las Brisas property. Click to download full Master Plan in pdf
Lot sizes are in square meters. One hectare = 10,000 sq meters. 5,000 sq meters = 53,820 sq feet, or 1.24 acres.
Note: All of these lots are now
legally subdivided and fully registered with the Registro Nacional
(National Registry). Many are also legally bound to their own
corporation (see reason below) and ready for transfer. Several
others have been subdivided, but have yet to be formally bound to a
corporation (this takes only a few weeks)
Map of Finca Las Brisas rivers and streams Map of primary types of vegetation
Lots Currently Available:
*Note: prices subject to change at any time. Five lots, not showing on master plan are available on the east side of the property. Two are under contract. Terms:
Note: For construction plans, buyers may use their own contractor and design plans, with FLB approval. For additional information, contact FLB at info@fincalasbrisas.org
Lot Purchase Process:
Purchase of property in Costa Rica is easy and safe for non-residence and non-citizens. However the steps and process is unique to Costa Rica.
At Finca Las Brisas we secured the best legal and real estate representation to help us with all transactions. We are also open to you involving your own legal and real estate representation in all steps in the purchase of property. Finca Las Brisas is also owned by people who will be neighbors with all of the other property owners so we are going to be completely above the table regarding all of the steps and costs associated with purchasing property in Costa Rica and we hope the following description is helpful to you in your evaluation of land purchase.
Based on our legal, tax, and real estate research, we have developed what we think is the best model for purchasing property in Costa Rica. We clearly want to explain our model since it is a bit different than the way most of us purchase property in the US or Canada.
Please note, the following description is just an overview and we are available to educate, discuss, or answer questions related to purchasing property. Out intent is to help you to begin thinking correctly about property acquisition and the best way to acquire land in this wonderful country of Costa Rica.
“Sale of Land Through a Costa Rican Corporation” Model:
Costa Rica law allows anyone (Costa Rican citizen, resident, foreigner) to legally own land. You could purchase property pretty much in the same way you might purchase property in the US or Canada. A company or an individual could sell you property and you own that land as an individual.
However, there is a better
way to purchase property in Costa Rica and Finca Las Brisas has gone
to great lengths and costs to provide this opportunity to all of our
lot buyers. Instead of
selling and buying property between individuals and other entities,
property can be owned by a corporation, and then as a private
transaction the corporation can be transferred to a new owner.
In a way, you could think of
this as "Corporation Acquisition" vs. just "Land Acquisition."
Note: If purchase property in
any other way in Costa Rica, and then sell that property you will
be taxed for the transfer of title, there could be capital gains in Costa Rica
if more than two properties are sold within one calendar year, and
you will be taxed
in your resident country. In other words, purchasing property in any
other way could create a tax burden and double taxation.
3) Greater Level of
Discretion. You will be the officer of a corporation that owns
the property. It is difficult to obtain information about who owns
the shares of the corporation. Similar to way of protecting
information about assets in the US, the type of corporation we have
created for each lot buyer offers a high level of anonymity that
does not come with owning property as an individual.
5) Investment Protection. Perhaps the most important reason for acquiring your lot in this fashion in our community is that each corporation (lot) within the Finca Las Brisas community will have a legally binding “constitution” – in reality our “Landowner’s Agreement,” or community covenant. This constitution (feel free to request a copy) will protect each and every lot owner’s investment, as it will ensure the aesthetic integrity, limit environmental impact, support community projects, and secure sustainability for the entire project.
Typical homeowner agreements and community covenants that we are use to in the US are not legally binding in Costa Rica. This approach is the best model available for protecting your investment of property in Costa Rica. Construction Process and Costs:
For information on construction process and costs, please click here.
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Copyright 2006-2009 Arjuna Limitada. All rights
reserved.
