The Wyndham project is on hold and all monies have been returned to our clients. The project will recommence once the equity markets stablize.
We have been answering many questions about Wyndham Jaco Beach development from people like you. As the exclusive broker for this project, Coldwell Banker Jaco has a wealth of question to share with people regarding the Wyndham Costa Rica project. In the future we will create a Wyndham Jaco Help Guide with all of these questions but for now we wanted to get these questions and answers to you right away.
The Wyndham Jaco Beach suites have been very much in demand, as a result only a handful are still available. So if you have been waiting to see what other have done, now is the time to purchase this great condo suite in this worldwide hotel management company called Wyndham. You will be glad you did buy this and opted to participate in their rental program as Wyndham is known worldwide as being a high end, high quality provider of vacation & business accommodations. So if you are ready to buy, you will likely be asking the question below soon, so here is a short list of what people, who have purchased already, asked. The questions and answers below are in no particular order nor order of importance and are only related to Wyndham Jaco Beach via Coldwell Banker Vesta Group Jaco Costa Rica.
Q: Who handles the escrow and the title insurance?
A: Stewart Title
Q: Do I need to hire a local attorney for the escrow?
A: Yes we always recommend to hire a local attorney. We recommend that you hire one that works with a firm and not a one man show. When working with a lawyer that is in a firm or with group of partners there is accountabilty.
Q: What about the residency permit?
A: You’ll need a personal lawyer for your residency application. If you request a referral, we know reliable and reputable attorneys that can assist you.
Q: What are the approximate dates of the payments based on the current construction plan?
Answer:
5% is due at the signing of the purchase contract
10% is due at the beginning of construction (End of Feb. 2010)
5% is due at the beginning of the 3rd floor (End of Aug 2010)
5% is due at the beginning of the 9th floor (End of Feb 2011)
The total remaining balance (75%) is due at the delivery of your unit (Jun 2011)
Q: Are the prices negotiable?
Yes, you can talk to the sales manager about making an offer.
Q: Can the reservation fee can be applied as a part of the initial down payment?
A: You are correct.
Q: I see there are two studio suites that have different square footage. What are the dimensions and are these available?
A: The sizes that are offered for the studio suites at Wyndham Jaco Beach are 513 and 547 square feet. The only available studio suites, which are perfect for the rental program, are the 513 square feet model.
Coldwell Banker Vesta Group Jaco is located in Jaco Beach, Costa Rica. We are a full service real estate brokerage. Coldwell Banker Jaco only offers legally titled property for sale and we only represent reputable developers. You can expect that Coldwell Banker Jaco meets and exceeds the professionalism and trust that is synomous with the Coldwell Banker brand for the past 100 years. You can read testimonials of our clients by clicking this link. To contact Coldwell Banker Jaco you can email us using this form or you can call us toll free from USA/Canada at 866-403-1345 outside of USA/Canada call 916-226-9077
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