This custom-built, four-bedroom home is in a gated affiliation in the baby boondocks of Brasil de Mora, about 10 afar west of Costa Rica’s basic burghal of San José, in the nation’s Axial Valley.
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Built into a hillside in 2005, the three-level, 5,200-square-foot home is complete of adhesive in a avant-garde geometric appearance absolute with metal, copse and bottle features. It is advised in a U-shape, with a garden courtyard in the centermost adjoined by two covered terraces and an in-ground lap pool. The two wings are affiliated by a axial alley fronted by a two-story bottle bank overlooking the courtyard, as able-bodied as by a board stairway abeyant on metal cables. An electric covering extends to adumbration the bottle bluff and the apartment abaft it, according to Wijbrand Tuinstra, a sales accessory with Sotheby’s International Realty, which has the listing.
The accustomed buyer employs a full-time agriculturalist to tend to the 0.82-acre property’s all-encompassing botanical gardens, which allure a advanced array of collywobbles and birds, Mr. Tuinstra said.
“This is a actual modern-inspired house, but acclimatized to its environment, with the astronomic bottle bank forth the stairs and lots of windows attractive out,” he said. “It’s absolutely abnormal for Costa Rica.”
The advanced aperture opens into a antechamber — amid beneath the basic akin but still accessible to the area — that connects to a barn and has an office. The basic active areas are on the added level, with floor-to-ceiling bottle walls and doors that accessible to the rear alfresco areas. A ancestors allowance occupies the arctic wing, with accomplish from the bottle doors arch to the gardens. In the adverse addition is an accessible kitchen with mint-green cabinets and a countertop range. It connects to the dining room, which opens assimilate a ample covered terrace with accomplish bottomward to the natural-stone pool.
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The bedrooms are on the high level. The adept apartment shares a addition with two baby bedrooms and one added bathroom. It has a applicant closet, and a balustrade with angle of the timberline awning and, further north, to the Cordillera Axial abundance range. The adept ablution has a decidedly characteristic feature: a battery absorbed to the exoteric of the house.
“You’re 30 anxiety aloft the arena in a bottle battery with angle all around,” Mr. Tuinstra said.
A abundantly sized bedfellow apartment with a balustrade is in the adverse wing.
The boondocks of Brasil de Mora is amid the two beyond San José suburbs of Ciudad Colón and Santa Ana, in Costa Rica’s Axial Valley region. While there aren’t abounding casework in the boondocks itself, it is 10 account from “everything important” in Santa Ana, which, like the adjoining suburb of Escazú (closer to San José), has been avant-garde to accommodated the needs of a ample departer population, Mr. Tuinstra said. The basic burghal of San José, about 30 account east, is accustomed for its museums and ornate, European-inspired theaters, including the National Theater of Costa Rica and the Melico Salazar Theater. Juan Santamaría International Airport, additionally in San José, is a 20- to 30-minute drive, depending on traffic.
Housing prices in the San José arena accept been in abatement for the aftermost brace of years, a trend agents aspect to Costa Rica’s ascent budgetary woes. In aboriginal December, Costa Rican assembly accustomed a amalgamation of budgetary reforms advised to advice abate a government arrears that the International Monetary Fund has warned is growing at an unsustainable pace. The amalgamation was accurate by the anew adopted president, Carlos Alvarado Quesada.
“It’s actual abundant a buyer’s bazaar at the moment, but there’s an acutely proactive government focused on stabilizing the country’s finances,” Mr. Tuinstra said.
Costa Rica does not accept a assorted advertisement account or apartment database, so tracking bulk trends is difficult. But Mr. Tuinstra said it is not abnormal for backdrop to advertise for 20 to 30 percent beneath allurement bulk these days.
A excess of new architecture is additionally accidental to bulk depreciation, said Felipe León, a sales accessory and acknowledged adviser for Re/Max Executive Realty, in Escazú. “It seems we accept added than abundant address apartments and belfry architecture apartments,” he said. “The bazaar is saturated.”
Foreign buyers attractive in the San José suburbs pay an boilerplate of $150,000 to $200,000 for a two-bedroom address or townhouse, he said.
Most adopted buyers in Costa Rica are from the United States, Canada and Britain. Mr. Tuinstra said there has afresh been a new beachcomber of buyers from Colombia and Venezuela, due to alternation in those countries.
Mr. León said investors on the coursing for rental backdrop about appear from Panama, Mexico, the United States, Canada and Asian nations.
There are no restrictions on adopted buyers in Costa Rica. However, foreigners should appoint a advocate to accomplish due activity afore entering into any transaction, according to Mr. León. “Right now, one of the problems we accept is that everybody, alike the auto driver, can be a absolute acreage agent,” he said.
Buyers additionally should be acquainted of any laws or regulations that ability avert construction. “We accept apparent a lot of cases area audience appear to us afterwards they accept already bought property, and they appetite to body a house, but acquisition out that the acreage has ecology restrictions that anticipate them from accomplishing that,” said Catalina Chaves, a absolute acreage advocate in San José. “They bought the acreage after accomplishing appellation analysis first.”
Foreign buyers about pay in cash, as accepting a mortgage can be difficult. Costa Rica has a austere money-laundering law acute analysis of the antecedent of the buyer’s funds, Ms. Chaves said.
Agent commissions ambit amid 5 and 10 percent, with 5 percent actuality best typical, she said. The agent usually pays, but that is negotiable.
Spanish; colón (1 colón = $0.002), with the American dollar broadly accepted.
Closing costs, including a 1.5 percent alteration tax, about add up to about 4 percent of the acquirement price. Acknowledged fees can vary, depending on the acquirement amount, but are set and adapted by the bar association, Ms. Chaves said.
Annual acreage taxes on this home are almost $4,000, which includes an added tax imposed on affluence properties, Mr. Tuinstra said. Homeowner affiliation fees are about $600 a month.
Wijbrand Tuinstra, Sotheby’s International Realty, 011-506-8718-9102; www.sircostarica.com
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