# Thursday, September 09, 2010

Costa Rica has always been a progressive beacon on Central America's benighted street: the reliable democracy that makes a point of eschewing a military so it can spend more on schoolteachers. But until the Feb. 7 presidential election, it had yet to select a female head of state, something its two less-developed neighbors, Nicaragua and Panama, did long ago. Now a new President-elect, Laura Chinchilla, has finally struck a blow for Ticas, female Costa Ricans.

Yet Chinchilla's gender may not be as important as her age. As a vigorous 50-year-old replacing her political mentor, 69-year-old President Oscar Arias, the center-right Chinchilla (pronounced cheen-chee-ya) is ushering in a new generation of leadership at a moment when Costa Rica's stature as the Switzerland of Central America is in decline. Its democracy remains the region's strongest, but it has been rocked in recent years by a spate of high-level government corruption scandals, a spike in drug-trafficking violence and a widening gap between rich and poor. Costa Rica's image as Central America's moral authority also took a hit last year when Arias — who won the 1987 Nobel Peace Prize during his first presidency for brokering an end to the region's civil wars — was largely ignored in his efforts to resolve the Honduran coup crisis. 

Recovering the Tico mojo is Chinchilla's prime mandate — provided she proves to be her own woman and not, as her opponents insist, Arias' political proxy. "Costa Rica has certainly lost some of its dynamism," says Susan Kaufman Purcell, director of the Center for Hemispheric Policy at the University of Miami. "But if Chinchilla turns out to be the leader she shows promise of being, she can get that back." As she declared victory last Sunday night, Feb. 7, in the capital, San José, with 47% of the vote vs. 25% for her main center-left rival, Otton Solis, Chinchilla announced, "We are making history." But she also pledged to "make decisions, not avoid or postpone them." 

That's as important to Central America as it is to Costa Rica, which has long given the isthmus a model to emulate — something it still urgently needs. Central America may no longer be fighting the civil wars that ravaged it in the 1980s, but its problems are nonetheless mountainous and pose policy headaches for Washington in areas like the drug war, free trade and illegal immigration. The region's homicide rates, for example, are among the world's highest, as are its illiteracy and malnutrition indexes. Rule of law, as the Honduras debacle demonstrated, remains largely dysfunctional.

Many Costa Ricans feel that the Arias generation, which did such an impressive job keeping those problems at bay at the end of the 20th century, has let them leach into the country in the 21st. If Chinchilla's winning platform is any indication, rising drug-related violence worries Costa Ricans the most. ("Security, security and more security," she promised.) But worsening social inequality is high atop her campaign's list as well, particularly when it comes to access to education. Schools used to be one of Costa Rica's largest sources of pride and a big reason First World high-tech giants like Intel invested in the country. But "most Costa Ricans feel the quality of public education has dropped off considerably," says Jorge Mora, director of the Latin American Faculty of Social Sciences in San José. One indicator: in the 1990s, the wealthiest 10% of Costa Rica's population earned 15 times what the poorest tenth made; in the 2000s that figure was almost 25 times.

Even Costa Rica's vaunted green luster has begun to brown. Its rain-forest protection and ecotourism are still envied in the Americas; Chinchilla says she's committed to Arias' goal of making the country carbon-neutral by 2021. But Arias has been accused of lax national-parks preservation and pandering to open-pit mining ventures in Costa Rica.

Chinchilla, as a result, has had to fend off suggestions by Solis and other political foes that she's a puppet of Arias, under whom she served as Vice President, and his social-democratic National Liberation Party, to which she belongs as well. The daughter of a former Costa Rican comptroller general, Chinchilla earned a master's degree in public policy at Georgetown University in Washington in the 1980s. But while she often wore indigenous fashions as a college student and criticized the Reagan Administration's involvement in Central America's conflicts, she is a social conservative, opposing abortion rights as well as gay civil unions and efforts to remove a clause in Costa Rica's constitution that makes Roman Catholicism the state religion. She's also earnestly pro-business, calling on Costa Rica to shoot for a Chilean level of development via increased free-trade accords and ramped-up export of goods like microchips.

Political analysts say Chinchilla, who takes office May 8, has a talent for dialogue and coalition building, which she'll need when she faces Costa Rica's ultra-fractured Congress. Her center-right credentials set her apart from the other female heads of state in Latin America today: Chile's outgoing President, Michelle Bachelet, is a moderate socialist; Argentina's Cristina Fernandez represents her Peronist Party's left wing; and the leading candidate in this year's Brazilian presidential election, Dilma Rousseff, hails from the leftist Workers Party. At the same time, Kaufman notes, Chinchilla follows a string of recent center-right presidential victors in the region, including Sebastián Piñera in Chile and Ricardo Martinelli in Panama, after a decade of leftward inertia. "Her election sends important signals to women around the region in that regard," says Kaufman.

Mora points out that Chinchilla, a former Justice Minister, "is generally regarded as an incorruptible woman, which is a very important calling card right now for Costa Ricans," who in the past decade have seen at least two former Presidents investigated (but so far not charged) in major financial-kickback cases. Still, he says, "the generational change she represents is the most significant." Being the first Tica President is definitely important — but taking Costa Rica back to the future will matter even more.



Read more: http://www.time.com/time/world/article/0,8599,1963355,00.html#ixzz0z3YptIaH
Thursday, September 09, 2010 7:09:09 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Sunday, August 15, 2010
One of the things I enjoy about living in Costa Rica is that you can travel a short distance and be in a completely different environment.  I live and work near Playa Conchal in Guanacaste, but frequently travel outside the area on “mini-vacations”.  I recently returned from a trip to the Osa Peninsula where, once again, I was amazed by the beauty and diversity Costa Rica has to offer.

Because of the difficulty in getting to the “Zona Sur” my wife and I decided to use Nature Air to get us to our destination.  If you are a legal resident of Costa Rica, you can sometimes get special rates on flights, especially in the slower times of the year.  We flew from Tamarindo to San Jose and then onto Puerto Jimenez with a short layover in Drake Bay to pick up a few passengers.  The flight into the southern zone was amazing.  The skies were overcast, but just as we started to land at the airport (or basically the landing strip) at Drake Bay, we hit a clear patch and were able to see the surrounding area.  It was incredible.  Very peaceful looking as there was basically nothing around and then just before touch down, we looked below and there were some people fishing near the river mouth looking up, smiling and waving.  It was really a pleasant moment.  It was a short drop off and pick up of some passengers and then it was off to Puerto Jimenez. 

We arrived in Puerto Jimenez and were ready to begin our mini- vacation.  We left Tamarindo at 7:30am and with changing planes and a couple stops, we arrived at 12:30pm in Puerto Jimenez.  It was roughly four hours later and I was already there.  Flying was definitely the way to go, or at least it was for me.  With our resident discount it was $150 round trip.  Not too bad if you figure in the amount of time and gas it would have taken to drive (about 10 to 13 hour trip via land).  At the airport, a representative from the lodge we were staying met us to take us to the property.  It was still an hour ride.  Our driver,  “Burrito” loaded up the Defender and we were on our way.  Crossing several small rivers and kilometers of muddy, pot holed roads.  I again was thinking what a great decision it was to fly.

We finally arrived at “El Remanso Lodge”.  This Rainforest and wildlife lodge is a low density hotel with only 12 rooms on the entire property.  El Remanso is ‘off the grid’, so they produce their own electricity with solar and hydroelectric.  There is no phone, no TV and limited use of satellite internet in the lobby. You come here to relax and leave everything else behind. The rooms are rustic luxury, but have no A/C but do have fans.  Surprisingly, we never felt hot with the lack of A/C. Our room was perched about 200 feet above the ocean, so we always had a good breeze. The manager, Cindy, who was a fantastic host for our entire visit, immediately greeted us and gave us a short tour as she led us to the restaurant where we were served lunch and given the lowdown on everything located on the grounds.  They have over 185 acres of privately owned land that includes primary and secondary rainforest.  There are several hiking trails of various difficulty onsite and a couple that lead down to one of the most amazing beaches I’ve seen here in Costa Rica.  The surf was rough and not the typical calm waters of Conchal, but still a pristine beach.  There were lagoons and tide pools that were close by to when we got hot and needed to cool off.  Another trail, just off the beach, leads you to this spectacular 80-foot waterfall.  We saw one person the entire time we were on the beach and nothing was built along the shores.   The only things there were the ocean and rainforest. 

At the lodge you can choose to do several activities or nothing at all.  We did several hikes, including a full day hike in the Corcovado National Park.  This was an eight-hour hike that began in the small town of Carate with a 45-minute hike down the beach just to get to the ranger station where you register and pay to enter (again residents get a discount, we paid 1500 colones and the British family hiking with us paid $10). This turned out to be a great hike.  Along the beach there were countless Scarlett Macaws that either flew by or were sitting in the trees.  We were able to see four species of monkey—the Howler, Cappuchin (white faced), Spider and Squirrel. Just before lunch, we had the best sighting of the day, a Puma.  I couldn’t have asked for a better view as it crossed directly in front of our path about 10 yards away.  The guide told us how lucky that was because he had not seen one in about a year.  He did say that fortunately, they are becoming more common though.  What a great day it was.  Besides hiking we also surfed at a place called Playa Sombrero.  We had great waves and there was only one other person in the water.  Incredible, compared to the crowds that are common in our area.   Other than that, we did a lot of nothing, my favorite activity of the trip!

Our short trip had to end and we flew back after a four-day stay.  The entire experience was fantastic.  We were on the plane to San Jose with other tourists who were ending their trip to Costa Rica and headed back to their home countries and I was landing in Tamarindo in a few hours and headed to the office.  Even though I had to work, I still felt that I was the lucky one.  Now it’s time to start planning the next adventure.                        












































Sunday, August 15, 2010 1:36:25 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Thursday, August 05, 2010

At our real estate agency we are conscious of the changes that have taken place in the last few years. We strive to list properties that are actually “sellable” and create awareness to both; seller and buyer of what the reality is nowadays. Some sellers get offended and decide not to list with us, while others understand and act accordingly. Of course you will always have those who decide to act independently from what the market tells us we should be doing. The buyers on the other half, can always be certain that they are dealing with a team that is experienced enough to understand what the market is doing, based on our knowledge of what the buyer is looking for we are capable of offering the best possibilities available with enough criteria to justify why they are the best choices. From 2002 to 2006 the buying process was quick; emotion predominated over reason. Due diligence was something done by a few and the boom of Guanacaste was at its best. Nowadays the process is completely the opposite. Reason dominates over emotion and due diligence takes a good amount of time. We have noticed that the people that are now buying are those who had been thoroughly investigating the market and the different products. The sellers back then were just meeting the simple criteria of supply vs. demand and prices were going up regardless of the factors that are most relevant today; location, finishes, surroundings, value and an educated analysis of the possible future of the product, the area and the country. Today, sellers are realizing that the factors mentioned above are extremely important, that their price must be based on a reality determined not only by the actual Real Estate market situation but also based on the fact that there is a gained knowledge by everyone of what has happened. Those who are urged to sell must understand that their pricing also has to include factors that were never before considered; risk and fear of what could happen in the near future. It will take some time before the days of a huge return on Real Estate are back. Those sellers who are still influenced by greed will have properties that will continue to sit on the market, fantasizing that a slash on their asking price of 15k or 20k is going to make a difference. The properties that are now selling are those priced right, where a win-win situation is a reality for both parties with the seller understanding that gains of 50%+ are not a reality anymore. The person willing to buy in Costa Rica on the other hand must understand that our market will not see a fall in prices as in the US. The reason being that most owners own their property outright. Few property owners used credit to purchase, and before losing money on their assets they rather wait for the market to pick up. Again, those urged to sell are willing to make a smaller profit, but hardly a loss. This is the reason why the time for buyers to act is now. Because the U.S. is experiencing signs of recovery and the numbers in Costa Rican tourism are rising again. The deals are out there and it is very hard to think that they will remain available much longer as few priced right properties have. The buyer that has been doing due diligence knows this, and that is why they are acting now. If you have always wanted your piece of paradise the time to act is now, before the window of opportunity closes. Now, having said all of this, we have a must sell opportunity that will consider any offer, it is such an opportunity that only 1 person will benefit from it… Info of this great ocean view condo located in Playa Langosta--just 1 km south of Playa Tamarindo in a brand new condo complex. Sellers are asking $290,000 but are open to looking at ALL offers as they must sell quickly!! Attached are the pictures: Unit Location: Building B / 5 floor 2 Bedrooms / 2 Bathrooms 2 private parking spaces: 1 underground, 1 ground floor 1 Storage Residential Unit: 1.466,94 Sq. Ft. / 136,33 m2 Parking area: 334,86 Sq. Ft . / 31,12 m2 Storage: 110,84 Sq. Ft . / 10,31 m2 Total: 1.912,64 Sq. Ft . / 177,76 m2 CONDOMINIUM FEATURES • Jacuzzi tub in master bedroom • Luxury finishes of the highest quality • Extensive terraces • Air conditioning • High ceilings throughout • Top-quality imported tile • Marble and granite countertops in kitchen and bathrooms • Pre-wired for telephone (four lines), cable TV, networking, services and home automation • Internal intercommunication system with security and other apartments For more information, please contact us today: info@bwpcr.com or call us USA (813) 579-3350, Toll Free: 1-866-658-7795.

Thursday, August 05, 2010 12:48:10 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 

Tourist arrivals are up 9.6 percent for the first half of this year, according to the Instituto Costarricense de Turismo. However, most tourism operators are wondering where the visitors are. The Cámera Nacional de Turismo reported the country's hotels had a 56.1 percent occupancy rate over the recent mid-year vacation. Rates by regions ranged from 76.9 to 35.4 percent, said the chamber, based on its own survey. The tourism institute put out a glowing report which predicted that the country will see more than 2 million tourists again this year. The institute release based that prediction by extrapolating from the 1,124,004 tourists who entered the country from January to June. The tourism institute said that this number was 9.6 percent higher than the same months in 2009. However only 468,172 of the tourists in the first six months this year were from the United States, said the institute. During the first half of the year, 767,194 tourists entered the country by air routes at either Juan Santamaría airport (635,800) or at Liberia's Daniel Oduber airport (131,295), according to the institute's interpretation of figures provided by the Dirección General de Migración y Extranjería. Most of the tourists who entered the country by land routes were from neighboring Central American countries. Nicaraguans make up a substantial percentage of the annual tourism figures. “Indicators show a definite recovery after the world economic crisis,” said Carlos Ricardo Benavides, tourism minister. “Although not quite the numbers seen in 2008, which was an extraordinary year for Costa Rica when it celebrated, for the first time, the arrival of 2 million tourists, there is an indisputable recovery that makes us optimistic to recover, little by little, from the crisis that is still present in this sector,” he added. The institute said that U.S. visitors were 43,218 more in the first six months of 2010 than in the same period in 2009 and only 1,382 fewer than in 2008. There were 1,142,219 tourists in the first half of 2008, said the institute. That was the year the bottom dropped out of the tourism market due to the world economic situation. Still, Benavides orchestrated a ceremony at Juan Santamaría airport heralding a New Jersey family member as the 2 millionth tourist for that year. Benavides served as tourism minister in the Óscar Arias Sánchez government, too. Benavides was upbeat and said his agency's goal is to welcome 2.5 million tourists in 2014. The situation may not be as rosy as Benavides wishes. Windstar Cruises, for example, announced two-for-one fares Wednesday on winter Costa Rica and Panama Canal cruises. Windstar's three luxury yachts visit Playas del Coco, Quepos, Bahia Drake, Curu and Isla Tortuga in Costa Rica. The Seattle, Washington-based company said its normal seven-day New Year's cruise from Puerto Caldera would be $1,699 double occupancy. The current listed rate is $3,649 per person. The trend is clearly to the Pacific beaches. The institute said that visitors passing through Daniel Oduber were up 18.6 percent in the first six months from the 110,717 in 2009. In another point of view, the tourism chamber said that 44 percent of the tourists who arrived in July 2009 were from the United States. The chamber analyzed July from 2005 to 2009 because it is the month with the second highest number of U.S. visitors. March is the month typically with the highest. The chamber noted that July is a big vacation month in the United States. Tourism operators here well know that the visitors here in the U.S. summers are not as well-heeled as those who come in the dry season at Christmas. The mid-year vacation survey by the chamber obtained data from 90 hotels in all parts of the country. South Pacific hotels reported the highest occupancy rate at 65.4 percent. Southern Guanacaste was lowest with 36.4 percent. Vacations can be deceptive because many Costa Ricans go to the beaches or elsewhere, but many end up staying with family members instead of renting a traditional hotel room. Hotels create many promotional offers to capture a share of national tourists.

Thursday, August 05, 2010 12:28:33 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Monday, July 26, 2010

As is traditional every July 25, the president provides a list of investments the central government is making in Guanacaste. Sunday was the 186th anniversary of the Anexión del Partido de Nicoya to Costa Rica, and President Laura Chinchilla said that work in enhancing the passenger handling capabilities of Daniel Oduber airport would begin in October under the control of a concession holder. Houston Airport Services, the firm that manages Juan Santamaría airport, is doing the job. The airport manager got the concession in October. Houston Airport Systems is investing $35 million to construct 23,000 square meters of space. The job will increase passenger handling from 900 to 1,500. The expansion plans were announced when the concession was awarded. Ms. Chinchilla said that the Interamerican Norte would receive $154 million in improvements and reconstruction. The job includes 19 bridges and making the two-lane road four lanes. Caja Costarricense de Seguro Social is investing nearly $600,000 for a new health center in La Cruz, which will be done in 2011, she said. The Hospital Enrique Baltodano in Liberia will get about $7.5 million in construction after bids are awarded, said Casa Presidencial. The president also announced a litany of social and agricultural programs. Another investment, this one for $2.9 million, was announced earlier in the day by Luis Liberman, second vice president. The job is 2 kilometers of road linking Playa Panamá with Ruta 159. The job will replace a gravel road. Liberman also participated in a presentation for the restoration and rehabilitation of the former military headquarters in Liberia into a museum.

Monday, July 26, 2010 12:38:29 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Thursday, July 22, 2010

Travel To The USA - Applying for a visa As a US citizen, I take it for granted my ability to travel back and forth to the USA and Costa Rica and don't think twice about it. I take for granted my children are dual citizens. If you have never had the pleasure of going to the US Embassy to register, get a new passport, or register a birth abroad, you simply do not know what you are missing! I found the process of getting a US passport for both my children easy however, the process to get a Costa Rican citizen a Visa to travel to the USA was ridiculous. My husband and I hoped to bring our nanny Sairy to the USA next year. She is invited as well as helping us with watching our boys, for my brother's wedding next year in Buffalo, New York. As excited as she was about the prospect of leaving the country and flying for the first time ever, she was also scared of having to go to the US Embassy and apply for a visa. So, I helped her as much as I could. In order to get a Visa (and of course, there are no guarantees for approval) you must do the following: 1. Pay $14.00 with a credit card BEFORE anyone at the appointment center for visas will speak with you. 2. You receive for your $14.00 purchase an 8 minute conversation with a representative (in English or Spanish) 3. Once you speak with them, you receive a PIN number. 4. This PIN number is used to set up an appointment once you have filled out the online application on the US Government website 5. The application takes about 30 to 45 minutes to complete (online only!) 6. You then call the appointment center back and schedule an appointment for the visa. 7. Prior to your appointment, you must pay $140 USD at Banco Nacional or Banco Costa Rica and get a receipt as proof of payment to show at your appointment. This fee is for the actual Visa appointment. The $14.00 I mentioned was simply to get an appointment on the phone (reserve your spot) I was able to get Sairy an appointment two weeks after the application was submitted. Of course, we were aware that paying for an appointment did not guarantee any travel Visa. On the application, I made a note that I was paying for her trip and that Sairy worked for us. I figured that this would help her (and our) chances. After getting to the embassy for our "7:30 AM appointment" I realized that a hundred other people had that same appointment time! We stood there like a herd of cattle outside. Finally when 8 AM rolled around, they let us in. We had to part temporarily with our cell phones, IPods, thumb drives, car alarms.. Basically anything electronic with a chip. These items were stored in little secure bags and were given a number to retrieve our things at the end of the day. Upon entering the Embassy, you must then take a number and stand in line again. (Standing in line is very popular here!) Once at the front of the line, you had to confirm your appointment and they ask you information and make sure you have passport photos and your application is complete. Once you get through that area, you head to another area of many seats. Then you wait again until your number is called. As I sat there with Sairy, we watched many people walk out of the Embassy happy and making their way to the DHL desk to pay for their visa/passport to be shipped. Then there were the few that walked out upset that they were not approved. We were getting nervous with each crying person that walked by. Finally the interview: The interesting thing is the ONLY thing the interviewer asked Sairy is 'How old are you and who are you travelling with?' They were far more interested in what I had to say since I mentioned that she worked for me. They asked me what she did for me, how long she was with our company, and then if she was going to work for me while I was in New York State. I wondered if this was a trick question! I said, "Well, it's more of a vacation." Then the interviewer disappeared to speak to her superior... Hmmm! Seemed like not a good sign. After the longest few minutes EVER, she walked back and said "look, I believe you are taking her for vacation and that you'll bring her back. However, because you are paying for the trip and the application says she is working for you while in the USA, we need a work contract between the two of you. So, I am granting the Visa, but with the exception that a contract is presented to us prior to approving the Visa." I shook my head, took the blue paper she gave us and headed out. But then it dawned on me -- I could write up the contract myself, quickly, without an attorney. We didn't have to pay for a new appointment, but why come back again? Especially being in Guanacaste, the drive is long and I had no desire to come there for this purpose again. I went back into the door and the interviewer was still there at her window. I asked her if I could do the contract across the street at the internet cafe. She said they were closed but would make an exception since we came so far. She told me to hurry up and tell the people at the front to ask for her. Imagine that! Someone friendly and accommodating at the US Embassy? So, off we went. I wrote up the contract and stated Sairy would work for us for one week in Buffalo and that I agreed to pay her minimum wage. I kept thinking, how silly is this whole contract between her and I?! But if it gets her a Visa, I'll do it. We walked back to the embassy and handed in our paperwork. Congratulations! They told Sairy. Go to the DHL counter and pay 3,000 colones to have your Visa sent to you with your passport in 3 to 4 business days and that was it. Perhaps we got lucky, but I am happy that Sairy, whom I view as family, will be able to join us and enjoy her first trip out of her small town of Matapalo. It would be nice if more people were granted Visas and not denied for sometimes illogical reasons. My aunt, for example, was denied a Visa. However, both her daughters (my cousins) have Visas to travel to the USA. Doesn't make much sense to me and I hope that the Embassy can streamline the process of Visas and not take $140 from each person simply to deny them. I truly believe they know beforehand whether or not they will approve or deny a Visa request. Of course, this is just one person's theory.

Thursday, July 22, 2010 6:14:54 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [1]  | 
# Thursday, June 03, 2010

New ocean view condo for $199,000 in Playa Langosta by Becky Clower A rare opportunity to buy into a newer condominium complex in beautiful Playa Langosta for under 200k! Playa Langosta is a beautiful beach located just south of Playa Tamarindo on then Pacific coast in the Guanacaste province in northwest Costa Rica. This 1 Bedroom, 1.5 Bath condominium features 1156 SF (107 m2) and will be sold fully furnished and ready to move into. With the purchase of this condominium, you also have one parking space at the ground floor. Other features of this condominium: • Jacuzzi tub in master bedroom • Luxury finishes of the highest quality • Extensive terraces • Air conditioning • High ceilings throughout • Top-quality imported tile • Marble and granite countertops in kitchen and bathrooms • Pre-wired for telephone (four lines), cable TV, networking, services and home automation • Internal intercommunication system with security and other condos in the complex. • Elevator access Condo fees are $250 per month, which cover security, common area maintenance, security and the pool maintenance. There are six condos per floor and this unit is located on the 3rd floor. Parking is covered and located next to the elevator. The beach is only three blocks from the property. The complex has a great pool and plenty of space to relax or entertain. The location is ideal, as you can walk to the beach, the town of Langosta, and yet you are very close (just over 1 km) from the busier Tamarindo beach which offers many services such as shopping, banking, pharmacies and clinics as well as over 40 restaurant options. This property is ideal for a 2nd home or rental property. This great price is only valid until July 5th. If you are interested, please contact me today!

Thursday, June 03, 2010 3:03:35 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Wednesday, May 26, 2010

Atlanta Business News 4:50 p.m. Wednesday, April 7, 2010 MindSpring founder takes ‘new urbanist' movement to Costa Ricail

MindSpring founder Charles Brewer, a dot-com guru turned “new urbanist” developer, has been having Costa Rican dreams, with a little bit of the Italian coast and Florida Panhandle thrown in to keep things interesting. Charles Brewer and his business partners plan to situate their town, Las Catalinas, on a hilly peninsula on the Pacific coast of Costa Rica about a 45-minute drive from the Liberia airport. The 1,200-acre site overlooks two crescent beaches Las Catalinas Holding Company LLC Las Catalinas homes would be constructed of native materials with huge overhangs and central plazas. It was inspired by Seaside, Fla., where Brewer vacations with his family. Automobile traffic would be limited. Las Charles Brewer and a small group of partners have bought 1,200 hilly acres along the northern Pacific coast of the Costa Rica where they plan to build a new town -- Las Catalinas -- over the next few decades. Brewer and a small group of partners have purchased 1,200 hilly acres along the northern Pacific coast of the Central American nation where they plan to build a new town -- Las Catalinas -- over the next few decades. Think Seaside, Fla., (the postcard-perfect Panhandle beach village between Panama City and Destin) meets Italy's Cinque Terre. “It’s like Seaside programatically, the idea of intentionally building a walkable town along the beach,” Brewer told The Atlanta Journal-Constitution during an interview at his Ansley Park home. “But it won’t look anything like Seaside. It’s much more like a Mediterranean, pedestrian hillside town.” The first half-dozen or so homes, including Brewer’s own 8,000-square-foot retreat, are now rising from an isolated peninsula that overlooks a crescent-shaped beach lapped by turquoise waters. Brewer’s company has just begun marketing the next phase of the project, which will be aimed at the buyers of vacation homes with a taste for the exotic and the bank accounts to afford it. Initial home prices will range from about $500,000 to $1 million. Restaurants, small hotels and more townhomes and houses will follow, said Brewer, who envisions a town of 2,000 or so residences a few decades or so down the road. The primary market for Las Catalinas homes will be part-time residents, Brewer said, but his goal is to have a third or more full-timers. More than 80 percent of the 1,200-acre site will be left as a wild buffer, Brewer said, with development taking place on about 18 percent of the total land area. Brewer said if his company can sell 50 houses a year “that would be a rapid pace.” At that rate it would take 40 years to complete the town. But he added: “We will not do that anytime soon.” “It’s a very conservative, creep-out, not leap-out model,” Brewer said. “If we go a little slower, it’s OK. If we go a little faster, that’s even better.” The 51-year-old Brewer -- who made millions a decade back when MindSpring merged with EarthLink -- is no stranger to summoning livable space from a blank slate. He created Glenwood Park near East Atlanta on a 28-acre brown-field site that has been transformed into a mix of residential, retail and office space. That project has been a success from a residential standpoint (it has won a wall full of awards). However, the retail part of the project has fallen short. By Brewer’s own estimate, the retail property is only 60 percent occupied. Brewer became a devotee of new urbanism -- communities where homes, work space and retail coexist in an eco-friendly setting -- after he read “Suburban Nation” by Andres Duany, the father of the mixed-use movement. The high-tech entrepreneur -- he left the Internet world just after the EarthLink merger -- had also become consumed with the idea of creating a hillside beach town. He and his family had vacationed at Seaside since 2002, and the concept behind that award-winning community left a huge impression on him. “The experience for a family with children of being in a place where it really is fun to come out of your house and it’s pretty and it’s safe -- it’s a profound experience and so much better than a fancy hotel experience,” Brewer said. He and his wife, Ginny, have three children, ages 5, 9 and 10. By 2004, Brewer had begun searching for a large parcel of land where he could build his own oceanfront town. He soon ran into Bob Davey, a Realtor with 17 years of experience in Costa Rica, who had the Las Catalinas land under contract. Brewer also partnered with Atlantan Tom Claugus, founder of the GMT Capital hedge fund, Stuart Meddin and Jim Berry. “We have 25 or so total investors,” said Brewer, noting that he and Claugus are the most heavily invested. “Half are from Atlanta.” The group paid $26 million cash for the land in 2006. Brewer, who emphasized frugality as one of his core values when he ran MindSpring, said the company will only build residences after they are sold. “I really don’t believe in having debt on the land,” Brewer said. “It’s a pay-as-you-go model, which may be the only model that's really viable in the economy right now.” The recessionary economy has not been kind to the vacation home market. Two years ago, second-home prices dipped 30 percent or more, though they recovered a bit last year. “The market in Costa Rica has started to pick up considerably,” said Chicago Realtor Debbie Maue, the former National Association of Realtors liaison to the country. “Fortunately, Costa Rica doesn’t just rely on the U.S. for buyers.” Maue said she was unaware of any other project like Brewer’s -- the creation of an entire town -- in Costa Rica. But there is plenty of resort-home development in the Central American nation, she said, creating a highly charged environment for Las Catalinas. “The stuff over $500,000 is a tough sell,” she said. “You have to be pretty appealing, and there is a lot of competition out there. A number of projects have fallen through or are on hold.” Brewer said that even with the current downturn, the Las Catalinas homes should appeal to investors and second-home buyers. Brewer and his partners plan to market the town domestically and internationally. He recently hosted about 100 potential buyers at his Atlanta home. They sipped ginger-laced margaritas and nibbled finger food as Brewer waxed poetic over a PowerPoint presentation about his new town. One selling point: It’s only four hours by air from Atlanta to the Liberia airport in Costa Rica. Las Catalinas is about 30 minutes by car from that airport. Have breakfast in Atlanta, lunch in Costa Rica, Brewer tells his guests. “The only way for a project like this to succeed is to be so good people talk about it,” he said later. “You can’t advertise your way to success. You have to be really good.” The economic downturn, he said, has been beneficial in some ways to the project in that it permitted additional time for him and his business partners to “get it right.” “I really do think we can build one of the most beautiful, enjoyable places that has ever been built,” Brewer said. “I think we can do something completely extraordinary.”

 

Wednesday, May 26, 2010 11:51:03 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Friday, May 21, 2010

The idea started a year or so ago...Let's climb Chirripo, Costa Rica’s highest peak. At 3,820 meters high (12,530 feet), you have to prepare. So last December, the gang started talking about doing it in earnest. So in January, my friend Nelson called and made reservations. We wanted to do it in March, however the first available space was in May. So we had the reservations...May 2, 3, and 4th. Now we need to get in shape. We began walking in January, but fell off the wagon, and the last month before we did the climb, walking became a religion. Every morning walking 2 hours, Saturday and Sunday, 4-6 hours each day. Were we listo? NO!! Saturday May 1st. Travel day. We had clients coming in so we had to wait around to check them in. At 4 p.m. we headed south to San Isidro to stay at Rio Chirripo B&B where friends/clients of ours, Chris and Alison, celebrating Chris' birthday. Happy Birthday Chris. Driving down we go the bad news that we were not going to be able to start our climb the next day because of issues with the porters who take your luggage up the hill. You have to check you luggage in the day before you hike, before 7 p.m. We arrived at 9 p.m. so needless to say we missed the deadline. We will figure it out in the morning. Frank greeted us, showed us to our room and left us to enjoy a homemade pizza and glass of wine. Everyone else had go to bed after one too many glasses of wine. Sunday May 2nd. We were suppose to wake up around 4 a.m. to start our hike at 5:30 a.m. but with the issue of bags, we had to make other arrangements. We got up, greeted everyone, had breakfast and went to the park services to check in. It was quite a fight, but we worked things out and were allowed to start our hike one day late, and stay one day extra. We had reserved for 2 nights and did not want to stay less time as everyone had warned against it. Now, one issue down and one more to go...the baggage. The thing is you can hike up with your bags if you are prepared, but it really pays to hire a porter to take your bags up for you...you will need the extra energy. It was 10 a.m. and the porters office did not open until 12 noon. We headed down to San Isidro to the mall for some shopping. San Isidro is a fast growing town in the south of Costa Rica that has a lot to offer and is very, very clean. After hanging out, having lunch, we headed back up the mountain to Rio Chirripo B&B to get our luggage and ready ourselves for a long day of hiking on Monday. We arrived at the porters office, and took out our 4 bags of provisions, sleeping bags, and cloths. For those of you who do not know, you must take your own food (I will explain another option later in the story), cloths, and sleeping bags, for the amount of time you are staying. You also need to take your own cook top/burner. The camp has plenty of cooking supplies like pots, pans, dishes, glasses, utensils. We weighed our bags and to our surprise the grand total.... 58,000 colones or about $110. Well it was not about the money but those of you who know me, I am a bit tight, so could not see paying that to have extra luggage. We needed our sleeping bags and food. The other cloths would just have to stay behind. En fin, we paid 31,000 or about $60. Back to the B&B to regroup with our bags and get some rest as 4 a.m. comes early. Especially when you have a 8 hour hike ahead of you. Buenas noches, y se descansas bien.

Friday, May 21, 2010 11:04:02 PM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  | 
# Tuesday, May 18, 2010

Convincing the Mrs by Keith Clower My wife and I had visited Costa Rica several times while we were dating and more after we were married. She had been coming to CR her whole life because her mother is Tica and after several visits here we decided to buy property because we knew, one day, this would be the place where we would want to spend the majority of our time. Who would have known it would be so soon? After one of our visits here to close on a lot we were purchasing, I thought to myself, “ how could I get here now instead of later in life?” and that’s where it all began. To make the move I knew one thing; I had to convince my wife, Becky that we could do this and make it work. She was a successful Realtor and I was a Physical Therapist. We were also both fairly young, she being 28 and myself 36, so it was kind of a risk because of where we were in our lives. Fortunately it couldn’t have happened at a better time. We sold all of our rental properties, our primary residence and moved to Costa Rica. The main factor that I used to convince my wife to move here was “time”. In the States we both worked a lot. I was up and out the door for my commute to work where I worked from 8a-6p. My wife was an independent agent, but basically was working from the time she woke up until the time she finally turned off her Blackberry and closed the laptop. We both made good money and we had a comfortable lifestyle, but it seemed as though there was no time to enjoy life, unless we scheduled it. I made a case that we would have more time to enjoy life. Living in Costa Rica we would be able to spend more time at the beach, go diving or hike like we would when we visited. Just the time not spent driving to and from work would give me the flexibility to do these things is what I used as my sales pitch. It hasn’t been “life at the beach” everyday since we moved here, but we absolutely do these things more often than we did while living in the States. Family was another thing. Like I mentioned before, my wife’s mother is Tica and the majority of her family live here in Costa Rica. I explained to her that she would be able to see them more often and become closer to them as she had wanted. Also, at the time we didn’t have children and I didn’t see myself ever having them because I didn’t know when I would be able to take care of them. After living here for four years, I think maybe I have had a little too much time. I now am the proud father of two boys and I’m thankful that I’m able to spend so much time with them as I do. The one sticking point was money. What were we going to do about money? We were young and even though we had made some money with selling our properties and savings from before, at our age, it wouldn’t last a lifetime. And so, once again it came back to time. How often have you heard “time is money”? Whether this had anything to do with convincing her or not is up for debate, but my rationalization was with all this extra time we would have, it was like money in the bank. My time is worth money and any moment I was not working and able to enjoy life, it was like paying myself with time. I’ve know many people who work the schedule like we were their entire life, watching and waiting for that moment when they can retire. For some it never comes. Things happen. Markets crash, real estate goes up and down, 401k’s don’t pan out, people lose their life savings to scams and sadly some people die before they reach the time for them to finally relax and enjoy everything they were hoping to for all their lives. I still have to work and I do LEGALLY here in Costa Rica. With my job I may never have multi-millions of dollars in the bank, but if you count time as money, I’m almost there.

Tuesday, May 18, 2010 4:06:11 AM (GMT Daylight Time, UTC+01:00)  #    Disclaimer  |  Comments [0]  |