First time home buyer tax credit extension

By Kathleen Chiras, on November 7th, 2009

In case you haven’t heard already, President Obama today signed the bill that will extend and expand the homebuyer tax credit.  For more details, visit http://www.congress.org/news/2009/11/06/obama_signs_unemployment_benefits_extension>http://www.congress.org/news/2009/11/06/obama_signs_unemployment_benefits_extension

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Costa Rica real estate values properties for sale

By Kathleen Chiras, on November 4th, 2009

Because Costa Rica has no multiple listing service and because many properties are held in anonymous corporations, it is very difficult for people interested in Costa Rica real estate to determine property values.  Real estate buyer brokers are able to help you determine the value of property for sale.

Market values are simply the result of what sellers are willing to sell for and buyers are willing to buy for. Knowing what those values are in Costa Rica without an MLS is very challenging. However, one of our buyer brokers who helps people buy proerty in the Jaco area shared that these closings have happened in the past 60 days:

Los Suenos Condo – $770,000
Acre Lot – $45,000
2 Bedroom Townhouse – $220,000
Beachfront Studio $213,000
Oceanview Lot – $100,000
3 Bedroom Home – $180,000
Beachfront Studio – $215,000
2 Bedroom Condo – $205,000
Oceanview Lot -$100,000
2 Bedroom Condo – $235,000