Wednesday, April 19, 2017

Follow Us on facebook / web site!

Hello Community Members -

We are looking to retire the blog and have all Updates and Community Communication via the facebook site and official web site.

Please check these sites moving forward!  Thank you for your continued support!

Sunday, November 20, 2016

HOA Update / Dues

Hello to all of our fellow San Juanillo owners and investors,

This is Mike Cothran, co-owner of Lot 19, writing to everyone as the current
HOA president of San Juanillo Estates.  It has been quite some time since I
have reached out to everyone, but I hope that this message finds you all
well.   2016 has been a busy year both stateside and down in Costa Rica.
Sales are again on the rise to the south in Nosara after some issues with
annotations and lot freezes in 2015.  Local "expats" are continuing to look
north towards San Juanillo as housing and lot prices continue to rise in
Playa Guiones and Pelada.  A good article on real-estate for 2016 is linked
just below:

This year has yielded a wetter than normal rainy season for our area.  Where
the last few years have not shown the normal rainfall, 2016 has made up for
lost time.
Just as of this past week, the clouds have broken, and the sunny days of
summer in Central America are upon us once again.   In San Juanillo, people
are gearing up for another high season.  The restaurants, Ancient people, La
Sodita, La Luna, and the San Juanillo Inn should be opening again.   Leor, a
longtime resident of San Juanillo, is planning on opening a new hotel along
the road towards the San Junaillo beach with a few cabinas, and a small
"rancho style" pizzeria/bar.  Hacienda del Sol just down the hill from our
little community is also gearing up for high season and has several retreats
coming up.  Check them out at:

As for our little development, things continue to progress. Last year, Leah
Magnuson purchased lot 34 and began building a new house above the homes of
Menla and Sharlynne.  It is set up on a beautiful spot with incredible
views.  I got to meet Leah briefly during one of her stays, and am so glad
to have her as an addition to the community. Armando, our caretaker actually
worked with the crew to help build her house.   Armando has stepped up his
game for us this year.  During the busy season last spring, he commissioned
a tractor to come in and do road work to improve access up to our lots.
Unfortunately, this work has been undone from the heavy rains, and we will
need to do more road work again to improve access up the hill and also to
the lots.  This past spring, Armando also did a very nice job at clearing
everyone's lots during the dry season (this is usually an extra cost), as
well as making sure the water system was working for everyone.  We did have
a few instances of the water system going down from lightning and a line
breakage, but Armando always hired on people to promptly take care of the
problems.  Having grown up just down the road, Armando has proved to be very
resourceful when it comes to finding people to get the job done for us.  I
really commend Armando for his good work, but with our shortfall of dues, we
risk losing our caretaker if we do not "step up" our game as owners.  It is
getting late in the year and we have many lot owners who still owe dues for

"Please, please, please, work to get your dues up to date."

The developers have covered our shortfalls again this year, but we are
running low on funds, and there is much work that needs to get done coming
out of rainy season.  If you have not yet paid your dues for 2016, I urge
you to please get in touch with me, Mike Fitzgerald, or Bob Munro and get up
to date. 2017 is right around the corner so please don't fall behind.  It is
vital to the health of the development and the value of your lots that we
continue general maintenance of the infrastructure.  If you are having a
problem with raising funds please reach out to me, and we can try to work on
a plan together.  Without payments, roads, water, and lot maintenance simply
cannot proceed to exist which will invalidate the value of your lots, and
the quality of the development as a whole.  Interesting fact:  All trees
larger than 4 inches in diameter in Costa Rica must get permitted by the
Minae (Ministry of the Environment, Energy and Technology) before they can
be cut down.  If your lots are not tended to, you could have many of these
trees growing in on your lots within a year or two.  There have been many
cases where land owners cannot get permits to cut these trees after they
grow in which could severely inhibit your ability to put a house on the
property or re-sell your property in the future.  We need your dues to keep
access to your lots.  You should also consider paying to have your lots
cleaned up at least once a year to prevent them from becoming overgrown.
Armando can set this up for a small fee of around $100, but you will need to
pay the HOA account first to have this done.  All payments should be sent

Bank:      Banco Nacional de Costa Rica
 Please contact us for the exact information.

If you are having trouble with an international wire, please reach out, and
I will work with you to the get money down the account in CR.

I will also be working to put together our yearly meeting this coming
January/Febuary.  If any owners have questions or issues that they would
like raise, please send these things my way and I will begin working on the
agenda for the meeting.

Finally, I thought I would leave by sending you some more links to
real-estate companies, and activities in the area.  If you have some extra
time, maybe peruse through these sites to get a better idea of what is going
on these days in the area.

things to do:

Have a wonderful holiday season everyone!
Mike Cothran

Thursday, July 28, 2016


Regional growth will be led by Dominican Republic (6.0%), Panama (5.9%), Nicaragua and Bolivia (4.5%), and Costa Rica (4.3%) at the end of the year, according to the Economic Commission for Latin America and the Caribbean.

ECLAC released its economic survey of Latin America and the Caribbean 2016, which stresses the urgency of mobilizing investment – public and private – to promote the region’s economic recovery and meet the challenges imposed by the 2030 Agenda for Sustainable Development.

“The capacity of those countries to accelerate economic growth depends on the ability to adopt policies that support investment. These policies must be accompanied by efforts to change the conversation between the public sector and private companies. Increasing productivity is also a key challenge to move forward on the path of dynamic growth and stability,” said Alicia Barcena, Executive Secretary of ECLAC in Santiago, Chile, during the press conference about the study presented today.

Central America is in one of the best situations on the whole continent because it will grow 3.8%, thanks to the stimulus derived from an improvement in terms of trade, a lower price for the production of hydrocarbons, the recovery of their internal and external demand, and an increase in income from remittances.

On the other hand, in general terms, the countries of Latin America and the Caribbean show a contraction in growth rate of -0.8% in 2016, an even greater fall than what was observed in 2015 (-0.5%), with a very heterogeneous behavior among countries and subregions.

Externally, the world economy will maintain low levels of growth. This will be accompanied by a slow expansion of trade, which has failed to regain the levels seen before the global financial crisis, according to the report.

The ECLAC urges that a return to the path of growth is necessary to mobilize financial flows and finance development.

This requires changing the tax structures of countries to improve collection and progressiveness, strengthen income tax – for both individuals and companies, – and combat evasion, which reached 6.7 points of regional GDP in 2015, with a total estimated amount of $340 billion.

It is also necessary to promote renewed political- and public-private coalitions that create adequate incentives to channel funding towards the objectives of development.

Financial inclusion as a policy of productive insertion through the creation of markets and new innovative instruments should also be enhanced.