What $119,000 Buys You In Jaco, Costa Rica...
HTML-код
- Опубликовано: 25 июн 2020
- Foresta Residences is a real estate development just outside of the popular tourist town, Jaco. They've got 52 apartments, with 48 sold so far.
Located just 1.2 km from the sea and main street of Jaco, there's restaurants, shopping malls, cinemas and all the tourist attractions close by.
Stats on each apartment:
915 sq ft
3 Rooms
2 Bedrooms
2 Bathrooms
1 Garage
Ground floor apartments: $124,00
Second level apartments: $119,00
20% down gets you in, and the developer can put you in touch with Scotiabank for lending options.
Contact them here: www.jacodesarrollos.com/proje...
If you're serious about moving to Costa Rica and want the facts (the good AND the bad), I'm hosting a 7 Day Relocation Retreat very soon: MovingToCostaRica.com/p/retreat
You'll learn everything you need to know about:
Getting Residence, Real Estate, The Expat Community, Best Places To Live, Schooling, Staying Safe... and Much More.
Held at a beachfront resort in Esterillos (just 90 minutes drive from the San Jose International Airport), you'll be able to get all your questions answered. Find out more at the link above.
Questions? Comments? Message me on Facebook: / mattlloydonline
you shoud have included HOA fees and restrictions, like use of pool.
You can find these condos for sale online. When they were first built they were asking about 160k. They went up to around 185k for a bit and now that the rona hit they are about 125k for a condo. The HOA fee if I remember right was about 125 a month give or take. These condos are not that close to the beach so if you are looking to air bnb it keep that in mind. Condos a few blocks from the beach on Costa Rica will only rent for so much and you are likely only going to get a 5% return which in my opinion is ridiculous and doesn't justify owning the thing.
Thanks for the video
so tiny bedrooms on the ground floor which face into the parking lot, and a tiny living room/dining area/kitchen which faces a chain link fence. the place looks like it was dropped in the middle of a junk yard or slum! no thanks! i have a really hard time believing they are 90% sold
Real estate in Costa Rica is seriously overpriced, these are a prime example. There’s lots of properties for sale privately and prices are negotiable.
This is gringo pricing for sure.
So Matt has a RUclips channel to promote his business, and he ALSO set ads on the video to make money. So I'm watching ads in between watching an ad? What has the world become.
It’s a glorified surf camp. I like to stay at Vista Las Palmas. The living room there is the size of this whole apartment. If you wanted a place to stay for cheap, it’s a good option. I can see a lot of loud partying going on during high season.
Very modern and built to last unlike the pos here in Houston TX
cool to know living in costa rica
Not impressed, tiny bedrooms and too close for comfort from other apartments. Thanks though
Its overpriced only bye 70%
Maximum $30,000
Not even that much.
Good luck no body will pay that much, unless crazy people will.
@ there' s no tico home that will cost you 30 000 with a lot, i hardly doubt you will even be able to find a lot for that price unless is in a shady place.
lol pavel you have no idea what you are even talking about. CR is expensive. $120k is on the cheap side for here especially near the beach. Unless you want to live in a shack in slum town.
120k looks normal for a new apt like this one in CR. Would cost the same in Escazu no less than 80k in less touristy areas . its all about location.
@@cjgamer2140 yep anyone wanting to pay $30,000 in CR is stuck in the 80’s ...or looking for a rug
I’ve been going to Costa Rica yearly since 2005. It’s expensive. You can only get a shack for $30,000.
Looks amazing man!
Sounds good, but what's the service charge?
Everything is very small bedroom kitchen backyard in Costa Rica
What are Hoa fees ?
Are there any of these available ?
If you ever been to Jaco ->IYKYK!
I've only ever driven through it on the way to Ojochal. Seen a lot of activity driving through though. What's it like?
Those kitchen sinks look tiny!
'Look's worry-free to me. Low maintenance and secure. That's worth a lot, especially if you're gonna own it from afar. I've lived here (Costa Rica) since '99. 'Lived in Jacó one year. They look acceptable to me!
Love the top floor condos and the price $119. Great buy with only 20% down and 7.5% interest with Scotia Bank.
Gringos are better off getting a lower intrest rate loan from the states and pay in cash. Tico intrest rates are stupid high.
@@cjgamer2140 Any "Gringo" who can actually afford to retire, or afford a second home, should have at least $119K laying around -- or else they need to go rent.
I didn’t see the living room?? Can u show more apartments next video??🇨🇦🇨🇦🇨🇦
You can see it in the second floor unit its the space below the AC
Always entertaining to see the real estate for Gringos pitch. Make sure you have another Gringo lined up to sell to when you've had enough because that's the only way you can sell. Forgot to mention the prostitutes and drugs loaded up in Jaco for the tourists. He did mention something about the tourists at least.
HOA fees ?
nothing but a cheapy apartment...a $40k apartment for $125k........no thanks
Looks like what they call Gringo prices. smh.
So many people packed into such a small lot , 52 apartments. Seems like a dream for a socialist / communist commune. I think the scam here is to find foreigners who have the mind set to pay much more for real estate. I think if you shopped around like a local you could probably get a lot more land , living space and privacy. What a rip.
You got it !!
Yup just like anywhere in the world.
It's literally been over 30 years since I've seen the words "socialist", "communist", and "commune" in the same sentence.
Nice pool but it needs a couple of lines on the floor to keep folks straight.
I didn't get to see where I'm supposed to park my golf cart 😎
I was thinking to myself that if I ever won the lottery I would definitely invest in some property in Costa Rica. Plus I have some connections to some of the wealthy people in Costa Rica to invest with so it would be a no brainer.
It would be your mistake of a lifetime!
@@UrbanMiningWithGearHead please explain.
@@mopes2713 Im heading out the door for the day, but read my post here in the comments, from today, and if you have any more questions, Ill type back tonite. Most gringos there are usually trying to recover from their buying mistakes! And the didnt even need a license to sell there! Thx
im shocked they got that much for them. for a footprint that small thats usa mainland prices.
Where in the US can you buy a brand new condo next to the beach for $120k?
They were asking 139,000 when I was there 😎
um don't move to Jaco lol, move anywhere else. North Pacific and Golfo de Nicoya are great, but avoid Jaco. Jaco is good but only to visit.
Where's the living room?
In the kitchen area its the space below the a/c in the second floor unit shown.
Solid video! Can you post some more options in Jaco? How about Playa Hermosa?
Overall better value here than in the Philippines.
Hi Doug, I did another video on a house for sale there - ruclips.net/video/6wpEX5x0ePk/видео.html
Is Háaco it is Hacó (Jacó)
I pronounce it 'Har-coe'
Better deal at THE VILLAGES in Central Florida .....One hour away from the Atlantic or the Gulf.....
The Villages is for old folks. Jaco is a town where young people go to party.
Thanks, but if or when I am in Costa Rica, I will rent a hotel room.
so this is not for you
Whooping 7.5%. Those beaches are bursting with loan sharks.
Having spent a lot of time in Jaco in the late ‘90’s and early 2000’s , I can safely say y’all have ruined Jaco and I’m sure all of the good spots in Costa.
Hi Kevin, ruined in what way? Do you mean with the real estate development being done?
I used to go to Jaco I the early 80s just a few cabins around. For us Costa Ricans from San Jose , Jaco has always been a compromise. One of closest beaches to San Jose but also one of the uglier in the country.
@@crBudgetWatches my favorite is Pavones.
@@MattLloyd I know I’m being a bit of an ass and I apologize for that. Nothing can remain unchanged but Costa used to be my winter getaway from all things modern and I’ve always dreamed of disappearing into it. Just to hear the term “gated community “ used in relation to Costa Rica makes me cringe. One of the best adventures I ever experienced in my life was driving from Jaco to Pavones back in 1999. Don’t get me wrong , it’s still one of the most gorgeous places on earth but it seems the adventure and wildness of it may be gone.
@@crBudgetWatches all
LL
I'm l
L lol l LL
7.5% is out of this world. My house is 1.64%
Damn, these are a steal!
I don’t know who design the complex...but he did so many errors!!! Tiny room in front of the parking lot... it’s a really really bad design... i don’t believe a second they already sold 2/3 of their program...
7.5% !?? That is extremely high in this day and age.
No living room?
2:55 Don’t blink lol
Its in the kitchen area below the ac
Sad you have to pay American prices overseas
That is more expensive the buying a condo in Palms Spring California..... Why is soo expensive?
Costa Rica property prices have been pushed up a lot over the last few decades, mainly from a lot of people from the USA entering the market, and Costa Rica being well marketed as a place for them to retire.
@@MattLloyddo you do showing videos of real estate in the Mayan Rivera in Mexico mainly Tulum, Akumal, Puerto Vallarta, Playa del Carmen, Cancún and Bacalar?
@@MattLloydbecause at the moment Tulum is like the centre for people renting out in Airbnb and retirement as well as for digital nomads it’s very popular
One of the biggest attractions in Jaco is the prostitutes. I learned that when some friends of mine took me into the Beatle Bar in town as a joke.
Does Lucas still run the Beatle?
Ask about security. There is none south of the US border. Not Costa Rica, not Panama. I lived there. I know. Look , visit but be careful.
Why are the washer and dryers outside?? That is really weird. Only a carport too I'd rather have green space. I wouldn't get past the washer and dryer being outside. Crazy.
It’s common to have both outside in tropical countries, including Hawaii and Mexico
@@sabrinahenry5369 Here in the deep South, people are often too poor to run a 2" pipe from inside, into their 4" sewer pipe. They set their machine on the porch and dump their "gray" water out into the yard.
Doesn’t make me want to live here. Everything so small. Is land that expensive? I guess someone is going for it.
For $119K, I can find plenty of houses in the USA -- maybe not in Los Angeles or Boston, but as a retiree, those are not good destinations, anyway.
@@Duke_of_Prunes CR is a tiny country compared to USA...you cannot compare at all. You pay for tropical weather and beaches also. It’s like comparing prices in UK and France...France is way cheaper because it has a much larger land mass.
@@shraddashradda Yes, it is something of an apples to oranges comparison. True. If you're happy in a small place, or perhaps even moreso, then good -- I like a bigger property, without neighbors. It's purely opinion.
Yes very expensive
Not one thing I'd rather stay in Dominicalito
Bad investment for sure. This should not be more than $70K USD.
Not very impressive. Two rather small bedrooms. The master couldn't handle my cal king bed. The second bedroom is closet. The pool is nice, but what is "semi-Olympic"? It's right next to the parking lot and the very lame volleyball pit. Plus you are in a town of 20,000. What are the grocery stores like? What are the HOA and taxes? You call that a back yard? Where's the living room? Maybe this is a bargain if you are coming from San Francisco, LA or NYC, but it strikes me as a lot of $$ for what you get.95 sq meters is about 950 sq feet - rather small. (My 2 bedroom in a nice condo in Phoenix was 1400 sq ft with two patios)
I spilled my drink when he said semi Olympic lol. We call semi Olympic in Costa Rica the pools built for swimming practice with a length of 25 m but at least 5 lanes but not its been used to describe any narrow lap pool apparently. Grocery stores are fine in Jaco compared to any CR town, you need to drive to next town for the fancy Automercado chain store though. The living room is the huge space next to the kitchen below the AC they showed in the second floor unit.
How do I buy this?
Your title needs attention $119,000
I can spend 250,000 tops
I see you have been researching Costa Rica a lot man. I have seen you on other videos as well. 250k will get you a decent spot in Tamrindo right now. Don't buy in Jaco if you are going to be buying in Costa Rica. There are better and safer places to live there that you can buy into with 250k. You have to know what the point of buying is though. Investing and doing a rental or just to live in? There is a condo in tamarindo that is selling for 225k right now 2 bedroom 2 bath. 3rd floor and with a view of the ocean. It's right on the strip. But the HOA fees are ridiculous. They are 400 dollars a month. Samara is a nice beach town also but what I have noticed is the price tag for condos there don't justify the rental income. Whatever you do dont get gringo priced. If you aren't making a 10% return on your condo then dont even bother. That 250k would make you much more investing in the states throughout the years. I dont know if you have been to Costa Rica but I am assuming you have. If I was you I would take time off work and spend a few months down here before purchasing anything. You will likely find a better deal through word of mouth. For example I have found fixer-uppers for sale under 100k that took around 40k to rehab and they can make 10% roi or more. But that also comes with issues since you never know what you will get when you hire ticos to rehab. They just dont do things correctly most of the time. It can become a confusing situation is all im saying.
Hello GreanBean,
I like your perspective, which areas do you feel could truly the best capital appreciation? Jaco might be a big city in 15 years.. I would love to get your perspective
Poor Costa Rica. We destroyed you. :(
Over priced!
$119k, and that's asking price.
its 119 on the top floor.
Guy: "What's the finance rate?"
Girl: "7.5%"
Guy: "Ok, where are your customers from?"
Girl: "If they're paying 7.5%, they're probably from Stupidville"
jhc, 7.5% is private mortgage range.
The kitchen in those condos needs to be redesigned. It seems that the person who designed it has never set food or cooked anything in a kitchen. Minor detail, though considering the price. What's the HOA? They look nice, very American style, open plan. A friend of mine got a house in Los Sueños (I personally don't like that development).
You won't find anything in Los Suenos for $120k that's for sure lol. Not sure what's not to like about it though.
Looks nice. Some negative comments. Not sure what people are expecting for $119k.
Alot more than this your american dollar goes along way
perfect place for soldiers to sleep when the country has a military take over
Couldn't be uglier these condos!!!
Shoeboxes
Stack and pack
Looks like a dump
I’d like to see your palace.
Omg why are you even in costarica it literally looks like Florida what’s the point man 😂 there’s barely any nature and the house looks like a modern prison
Hi Annamaria, I'm in Costa Rica because I have another business here.
Looks like Florida? Man Florida has way bigger mountains lmao.
@@cjgamer2140 and more bears
$119 wouldn't buy a decent apartment even in coastal Alabama or Mississippi. Forget Florida.
Dumb people buy these overpriced dumps.
damn i love the place ....too bad its full of ticos..nicas...me no i never say that well hardly ever....im quoting comments when we pick up friends and neighbors .. and are on the way somewhere in cr.on a beautiful day.. ticos and expats... people that have lived here for 6o years.with tico great grand kids ..duh...if one cant glean a substantive strata of reality from my posts that havent been quickly submerged ..then you are inured and rightfully requisite for a concrete bunker in parofdice...duh
Too expensive, don't buy it!
what a crap place........
It’s horrible
I don't like them. Too close together and all alike. Overpriced
Like what the Spanish did to the indigenous people of central America 😎
They won’t tell you h.o.a. Big $$$$, kitchen sucks Brady Bunch cabinets. Costa Rica still lite yrs away in culture & tech than U.S. Sorry pal will invest in the greatest country in the world U.S.A..