Itz’ana Placencia Belize

Residences in Belize
Itz’ana Residences

As a Certified International Property Specialist (CIPS) I have access to many investment and retirement opportunities thoughout the globe. One such destination, is the Itz’ana Resort and Residences.

Itz’ana is located in the beach town of Placencia, Belize in the midst of world renowned snorkeling, diving and fishing.

According to the sales executives, all their waterfront villas and solar cottages have breathtaking views of the lagoon or beach and come fully-furnished by award-winning interior designer, Samuel Amoia. 76% of the villas are sold, and the rest are for sale. Ownership at Itz’ana provides exclusive luxury living, and remarkable investment returns, bringing a unique opportunity for passive income and turn-key personal enjoyment. The resort and residences also have a locavore restaurant, five-room spa and rum bar. The laid-back beach town offers access to the Belize Barrier Reef, prime waters for seasonally diving with whale sharks, which were recently deemed endangered by the International Union for Conservation of Nature.

According to an article in the New York Times, Placencia, Belize was chosen as one of the 52 places to go in 2017.

If you are interested, I can email you the master plan (everything with a red dot will show as under contract) with prices and floor plans for all villas. Included are 1 bedroom to 3 bedroom beach villas and 1 bedroom to 5 bedroom lagoon villas. I can schedule the call for you and give you additional how to offer information. Call me at (650) 483-4932 or rafaelcastrojr@gmail.com

Visit the picture gallery at: http://www.itzanabelize.com/gallery/

 

 

Ugly Home Features Buyers Don’t Like

Ugly Features
Ugly Home Features Buyers Don’t Like

There are some ugly home features buyers don’t like, but are not too hard to fix if you are thinking of selling your home. According to a recent Realtor.com report, here they are:

Ugly kitchen cabinets

Most kitchens don’t require a full renovation. According to Remodeling magazine: “As long as the cabinets aren’t 20 or 30 years old, repainting and adding new handles is relatively cheap and can change the entire look of the room.” Refinishing an existing cabinet will cost about $1,400 to $3,500, according to HomeAdvisor, a home services marketplace.

Wallpaper

Wallpaper covering the rooms is something else buyers don’t like. But removing and hanging wallpaper is a relatively easy do-it-yourself job. Or, hiring a contractor for professional wallpaper installation costs about $500 per room, according to HomeAdvisor.

Tacky paint colors

How about pink or purple? Try to help buyers overlook distracting colorful walls. Have them imagine it painted a color to make the room even look larger, like gray or a cool blue. After all, paint tends to be an easy fix, either as a do-it-yourself job or done professionally. Professional painters typically cost from $380 to $790 for a 120-square foot room.

Carpet

Buyers sometimes focus on old or dirty carpeting. But a good cleaning can bring new life to worn carpet. Shampoo vacuums cost $90 to $200, a professional-grade carpet cleaner can cost $400, or you can rent one from a hardware store for about $25 to $30 per day. Professional carpet cleaning companies tend to charge a minimum of $75 to $109, according to CostHelper.com. For home purchasers who just can’t get past the carpet, they may want to budget for installing new carpet at about $2 to $5 per square foot for middle-grade carpet material, according to HomeAdvisor (often 1,200 square foot of new carpet will cost about $2,400 to $6,000).

These are some less expensive ideas to help you fix-up your home for buyers and get the most amount of money for your home. Want more? Email/Call or Text me at 650 483-4932 for many more ideas!

Where International Buyers Come From

International Buyers
Where Do  International Buyers Come From?

As a home seller, one of your Realtor’s jobs is to get as many eyes on your house as possible.

What strategy does your real estate professional use to market outside the U.S.? What International organizations do they belong to? How will that make a difference when getting you the highest possible price in the least amount of time? Give me a call at 650 483-4932, and ask me those same questions.

Mal Pais Costa Rica $339,000 USD

Costa Rica
Mal Pais Costa Rica
Costa Rica Mal Pais
Views in Mal Pais

This 180 degree view hilltop lot is located in Mal Pais, just a short distance from the center of town and some of the best beaches in Costa Rica.

The property boasts ocean, beach and jungle views, along with great ocean breezes. This large and spacious lot is ideal for those looking to build a personal residence, vacation rental or even a small hospitality business, with its amazing views and plush jungle surroundings.

It boasts 9,650 square meters, which is about 2.3845 acres. It is close to surf, beaches, shops, and restaurants.

According to Wikipedia: “Malpais is a town in Puntarenas Province, Costa Rica which began as a fishing and cattle-farming village, and has become popular among surfers and adventure travelers around the world. Recently, Forbes Magazine voted the beaches of Malpais and neighboring Santa Teresa as ‘One of the ten most beautiful in the world.’ Malpais now is known for its incredible beauty, with white sand coves, rocky outcroppings, steep jungle-covered hills, and forests teeming with animals, birds, and insects. While Malpais is still a remote fishing village, it also is known for modern day luxuries. Many excellent hotels and luxury houses have been built in recent years, and there are many excellent restaurants, with cuisine from around the world.”

Give me a call today to see how this area can be your second or even first home at 650 483-4932.

Why Own Coffee Farm Parcels in Panama?

Coffee Farm Parcel
Why Own a Coffee Farm?

There are benefits of owning agricultural real estate. With a rapidly growing global population and a steadily decreasing amount of arable land, ownership of a piece of real estate that produces a high-demand, non-perishable crop can be a winning combination.

I met with business directors for International Coffee Farms at a real estate event in Las Vegas recently and they gave me some really good information.  They live in Panama and grow an amazing Specialty Coffee (which I was able to try) , and explained to me their business model.

They can chose to sell their coffee to China, Europe, Australia or North America. Using the nearby Panama Canal adds to the efficient business process.

What they told me was, that If you love the idea of owning a coffee farm in Panama and see the benefits, you might not necessarily want to travel down there, learn a new language, do your own due diligence to identify the farms, negotiate the terms, set up a farm management company, run the farms, hire the crew, pay social security, build a mill, process, market and sell the coffee.

Using the ICFC, you don’t have to, since this is what they take care of!

Some facts of the coffee industry, International Coffee Farms and Panama:

  • There is land available, the team is built, the market is there and the product is proven – Coffee is a $90 billion industry worldwide and loved by many people.
  • Coffee is the 2nd most traded commodity in the world, only after OIL in dollar terms, and the consumption of high end specialty coffee is rapidly increasing.
  • The world is drinking more coffee, with demand likely to rise almost 25% in the next five years, according to the International Coffee Organization.

Please call me at 650 483-4932 or email me at rafaelcastrojr@gmail.com for more information on how to get started, and more information on the International Coffee Farms

There Is More Equity In Your Home

More money in your pocket
You Have More Equity In Your Home!

More homeowners have gained equity if you own a home on the San Francisco Peninsula, according to a new report released today.

CoreLogic® (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider, just released an analysis showing that U.S. homeowners with mortgages (roughly 63 percent of all homeowners) saw their equity increase by a total of $227 billion in Q3 2016 compared with the previous quarter, an increase of 3.1 percent.

According to Frank Nothaft, the chief economist for Corelogic: “Home equity rose by $12,500 for the average homeowner over the last four quarters. There was wide geographic variation with homeowners in California, Oregon and Washington gaining an average of at least $25,000 in home equity wealth.”

The main cause of equity increase? Anand Nallathambi, president and CEO of CoreLogic: “Price appreciation is the main ingredient for home equity wealth creation, and home prices rose 5.8 percent in the year ending September 2016 according to the CoreLogic Home Price Index. Paydown of principal is the second key component of equity building. Many homeowners have refinanced into shorter-term loans, such as a 15-year loan, and  by doing so, they have significantly fewer mortgage payments and are able to build equity wealth faster.”

The metro level, with the cities that have the highest percentage of mortgaged properties with positive equity are:

  • San Francisco-Redwood City-South San Francisco, Calif.: 99.4%
  • Houston-The Woodlands-Sugar Land, Texas: 98.5%
  • Denver-Aurora-Lakewood, Colo.: 98.4%
  • Los Angeles-Long Beach-Glendale, Calif.: 96.9%

If you would like a copy of CoreLogic’s 3rd Quarter 2016 Equity Report, and/or what this means for you if you are thinking of Selling, send me an email to rafaelcastrojr@gmail.com or give me a call at 650 483-4932.