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23 Feb 2017
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Costa Rica Real Estate

So many people visit Los Sueños Resort in Costa Rica and dream of owning a vacation condo or home here.  HRG Vacations can help make it happen. Just about an hour’s drive from San José, Los Sueños Resort & Marina showcases luxury condos, villas and sprawling eco-friendly homes—each one with spectacular ocean, jungle, mountain, marina or fairway views. The private resort community sits within a 600-acre rainforest reserve, with plenty to do and see on-site: restaurants, bars and lounges, an 18-hole championship golf course, spa, marina, plenty of retail shops and services.

The region around Los Sueños Resort is a narrow coastal plain fronted by the crystal-clear blue waters of the Pacific and backed rainforest-clad mountains. The surfing beaches extend south to Dominical and beyond. To the north, lie the dry tropical forests of Guanacaste and the cloud forest reserves of Monteverde.

Los Sueños is one of the most popular resorts in Costa Rica. The benefits of vacation home at Los Sueños don’t stop with a luxury base for your own vacations in Costa Rica; location, convenience, income-generation, tax-savings, and a jump-start on an unrivaled ex-pat retirement lifestyle also come into play.

Renting your second home to Costa Rica vacationers can help offset mortgage and maintenance costs, generating income when you’re not using the property. Rental fees vary, but during peak season weekly rental fees equal or exceed the monthly mortgage payment. You may break even with an annual occupancy of about 30% in terms of cash flow.

Depending on personal use versus rental, tax benefits vary. If you rent out your property 14 days or less in a year, you can treat the mortgage on your second home the same as the mortgage on your primary residence. Consult a tax professional or review IRS Publication 527 on vacation rentals for advice on your specific tax situation.

HRG Vacations will take care of marketing and renting out your vacation rental, along with seeing to all the needs of your vacation rental guests. HRG Properties and Rentals can also handle immediate response needs, regular maintenance, and payments for utilities, HOA fees and insurance. The concierge staff is always there assist your tenants with a full range of services.

Los Sueños properties tend to retain their value because of the resort’s location and amenities. Of course, there is no guarantee vacation homes realize higher sales prices, but it’s likely. For more information about Los Sueños Resort and Marina, or the surrounding communities, call our office at 011 506 2637 8484 or call toll free 1 888 490 4581.