Financing Plans available for the customers of Rosario Beach and Development Limitada:

Plan A:

Rosario Beach and Development can arrange a Home Equity Loan on your existing US residence. Interest only payment plans are available.

Plan B:

Land only. With a 30% down payment, we can provide a mortgage at 9-3/4% with interest and principle payments for a term of five (5) years.

Plan C:

Land only. With a 30% down payment, we can provide a mortgage at 9-¾ % amortized over twenty (20) years, with a five (5) year balloon.

Plan D:

Sonidos Del Mar was one of the very first projects approved by several banks in Costa Rica to qualify for conventional mortgages from Costa Rica banks. It is now possible to secure a mortgage with the leading banks in Costa Rica at competitive rates with a much simpler application process than in the past.

Download our Current Pricing

Other options:

In an article in the February 25, 2005 issue of The Tico Times, Russ Martin wrote: “The IRS lets you purchase real estate with income that is tax-deferred. This means many savvy investors are investing their IRA funds in real estate. You will need to work with an independent IRA custodian that allows real estate investments to set up an IRA account. Most banks and brokerage companies limit your choices to products they sell. However, section 408 of the Internal Revenue code permits individuals to purchase real estate with funds held in many common IRAs, including a traditional IRA, a Roth IRA, and a Simplified Employee Pension plan (SEP IRA).”

Read The Tico Times article on purchasing land in Costa Rica with your IRA.

Financing Plan subject to change and rates cannot be confirmed until twos month prior to closing.

Terms of Purchase

First Deposit

A $30,000 deposit will reserve the next best available lot for 60 days. This deposit is fully refundable for 60 days. The Buyer will have the right to visit the project within the 60 days. If the Buyer wishes to change the lot selection after visiting the project, the Buyer may choose from any available lot at the prices in effect on the date of the first deposit.

Second Deposit

Additional funds to bring the total deposit to 40% of the purchase price is due after inspection of the lot and approval of the lot by the Buyer. At this time the payments are non refundable and a Sales Agreement will be executed by the Buyer and the Seller.

Third Deposit

The balance between the deposited money and the cost of the lot is due at Closing. Closing will take place immediately following the completion of the infrastructure to the lot being sold. The Seller will advise the Buyer in writing thirty (30) days prior to the Closing date.