Frequently Asked Questions
are the weather conditions in Costa Rica?
Costa Rica has a tropical
climate with two distinct seasons. The Green Season lasts
from May to November. The Gold Season begins in December
and continues through April. During the Green Season
expect a daily rain shower late in the afternoon or
evening which keeps the landscape green. During the Gold
Season, virtually no rain falls and the landscape turns a
golden brown. In Guanacaste where Tropical Felgate is
located, the dry Gold Season tends to last several weeks
longer than in other areas of Costa Rica.
vary primarily with elevation, not with season; on the
coasts, the weather is warm all year, while in the
mountains, nights can
be cool at any time of the year.
2. Is it
necessary to speak fluent Spanish or have an interpreter
when travelling to Costa Rica?
is the official language, while English is widely spoken
throughout the country. Members of our Sales Team are
3. Is the water safe
many other Latin countries, Costa Rica has similar
practices and standards found in the U.S. for ensuring
that clean, potable water is available to all its
is the time zone?
is on Central Standard Time (-6 GMT) and Daylight Savings
Time is not observed.
would you describe the area of Costa Rica where our
projects are located?
Guanacaste province in northwest Costa Rica is a land of
volcanic peaks, jungle valleys, scenic waterfalls and
natural hot springs. Home to a rich diversity of flora and
fauna, with national parks and wildlife refuges, the area
offers fascinating nature exploration as well as historic
sites and quaint villages. Its beaches are some of the
best in Costa Rica and the warm, crystal-clear waters of
the Pacific are both inviting and picturesque. The climate
is comfortable year-round, with low humidity, sunny days
and balmy star-studded nights.
6. What are
the attractions to Playas del Coco for tourists and
is the most accessible and frequented beach in Guanacaste.
In addition to the commercial conveniences at the Tropical
Felgate Village Center, Coco offers a port captain, post
office, bank, small hotels and bed & breakfast
establishments and a selection of restaurants and souvenir
7. Where are the
schools near Tropical Felgate?
The Country Day School in Guanacaste (Pre-K
through Grade 12)
Location: Playa Brasilito
Phone: (506) 654-5042
Contact: Patrick Brown
Remarks: About an hour drive south to Brasilito,
considered the best
school in the area. Tuition is $7,500 per year.
International Christian School
Phone: (506) 665-0007
Contact: Wendy Taylor
Remarks: About 40 minutes to Liberia. School is branch of
in San JosÈ.
Phone: (506) 666-2903
Remarks: About 40 minutes to Liberia. School has been
8. What recreational
activities are available in the area?
Witch’s Rock canopy tour –
“Harness up and swing through the trees” on a series of
zip lines suspended between the tall trees of the tropical
forest. Enjoy an incredible view of the Gulf of Papagayo.
Horseback riding at El Aromal – Hacienda ARomal neighbors
the Santa Rosa National Park. You will observe a wide
variety of wildlife and experience breathtaking views as
you ride through Aromal. A guided tour begins at the
sabaneros cattle herding station where you will wear the
typical hats and kerchiefs and the tour ends at the
Hacienda where you will be offered a cool drink and a
typical Costa Rican snack.
Fishing – Guanacaste offers on of Costa Rica’s premium
fishing destinations – Catalina Islands. The deep water to
the south and west, off Flamingo and Tamarindo beaches is
home to blue, striped and black marlin, a multitude of
sailfish and dorado (mahi mahi). Big-game fishing is
available, 16-65 kilometers (10 to 40 miles) offshore.
Boats measure 9.5 to 16-metres (31 to 51 feet) and
accommodate four fishermen each. Every boat is equipped
with high-tech communication devices, GPS, fish
depth-finder, life jackets and Penn International fishing
gear. Half-day or Full-day excursions can be easily
Scuba diving – There are many dive sites on the Guanacaste
coastline, showcasing an underwater life that is richly
diverse in color, species and natural volcanic rock
formations. Marine life unique to this region abounds –
divers will see massive schools of fish, rays, jacks,
whales sharks, giant mantas, sea turtles, white tip
sharks, dolphins and more. Available diving trips include
local dives, night dives and dives to the Catalina
Surfing – For surfing enthusiasts, local surf shops can
transport you by boat to Witch’s rock, Petrero Grande,
Ollie’s Point and several other world-famous spots
routinely featured in surfing magazines. For the less
experienced or new surfer, Tamarindo is a very popular
surfing destination, with two beaches: one for beginners
and the other for the slightly more advanced. Located
approximately 1 hour drive southwest of Tropical Felgate,
lesions are available through local surf shops in
Rainforests – The Rincon Rainforest is Premontane
Rainforest (Bosque Pluvial Premontano) at 900 meters down
to Very Humid Rainforest (Bosque Muy Humedo Tropical) at
200 meters elevation. In generic terms, it is classical
piedmont rainforest on volcanic foothill soils, receiving
4-5 meters of rain annually. It is home to at least 500
species of vertebrates, 3000 species of plants and many
tens of thousands of species of insects, mites, fungi,
bacteria, nematodes, spiders and protozoans.
9. Are there
national parks in Guanacaste?
Ricon de la Vieja and the Rincon Volcano is located in
Guanacaste about 58 kilometers or 36 miles from El Coco.
Estimated travel time is a 2-hour drive. This 35,000-acre
(14,161-hectare) national park is named after its active
volcano, Rincon de la Vieja. There is an abundance of
Costa Rica’s national flower, the guaria morada, a purple
orchid. The wildlife in the park is extremely varied with
almost 300 species of birds recorded here. The Ricon
Volcano is about 1 million years old and is the third most
active volcano in Costa Rica. It has nine active craters.
Gentle activity has occurred many times since the late
1960’s. The most recent eruption of steam and ash was in
Palo Verde Wildlife National Park is located in Guanacaste
about 60 kilometers or 37 miles from Tropical Felgate.
Estimated travel time is a 2-hour drive. This 42,000 acre
(17,000-hectare) national park features saltwater and
freshwater lagoons and marshes, mangrove swamps and
deciduous woodland, as well as an impressive array or
10. Where are the best
places to shop?
retail shops – Local merchants offer cigars, clothing,
t-shirts, hand crafted wood items and local pottery.
11. Where is the
closest International airport to El Coco?
Oduber airport in Liberia is approximately 20 minutes from
Tropical Felgate on a paved, well-traveled road. Currently
non-stop flights are available from Miami, Atlanta,
Houston, Dallas, Charlotte, Minneapolis, Newark, Calgary,
Toronto and Vancouver.
12. Are there direct
flights from the US & Canada to Liberia, Costa Rica?
Airlines flies direct from Atlanta to Liberia six times
per week. Delta Airlines is in the process of adding a
non-stop flight from Los Angeles to Liberia. American
Airlines provides service from Miami three times per week.
Continental Airlines provides service from Houston to
Liberia twice daily, seven days per week. Continental
Airlines also offers one weekly non-stop flight from
Newark to Liberia.
13. Are transportation
services available to the Tropical Felgate office?
Transportation services can be arranged by contacting a
14. Are there
restrictions for non-Costa Rican nationals regarding
ownership of property within the country?
buyers have the same rights as Costa Rican nationals when
purchasing & owning real estate with the exception of
beachfront property which is granted in concession by the
government. All Tropical Felgate condominiums, villas,
town homes and home sites are outside the concession area.
15. How will property
be conveyed to buyers of Tropical Felgate?
Most of the
residential properties at Tropical Felgate will be
conveyed in fee- simple ownership. Regardless of your
nationality, you may want to consider transferring title
to your Tropical felgate property after closing through
either a Costa Rican corporation (“Sociedad Anonima” or “S.A.”)
or limited liability company (“Limitada”), as this may
have tax advantages when it comes to reselling the
property at a later date. Our Sales Executives can refer
you to a Costa Rican attorney who can explain this process
to you and can easily handle this as part of your property
16. Is title insurance
available for the Tropical felgate property and is a title
search performed prior to closing?
policy of title guaranty assures fee simple title to your
property free and clear of third party rights of
possession. Title insurance is not required and it is up
to you as to whether or not you want to pay for and obtain
title insurance. Our Sales Executives can recommend a few
title companies that underwrite Tropical Felgate
If you hire
an attorney, he/she will research the title’s legal
standing as part of his/her service at your request.
17. What deposits are
required to purchase a property in Tropical felgate?
earnest money deposit of US $5,000 is required on the date
the buyers select the property and the Purchase & Sale
Agreement is executed. According to the terms of the
agreement, the balance of the initial deposit equal to 20%
of the purchase price is due in US dollars within 5 days
of the date of the contract. Additional deposits are due:
20% at notice of commencement of construction and the
final 20% deposit at completion of the building roof. In
some cases, the building may already be under construction
and the additional deposit amounts are due within 5 days
of the contract. This deposit schedule applies to the
purchase of condominiums, town homes, or villas. The
purchase of a home-site requires a US $10,000 initial
earnest money deposit and an additional 20% deposit due
within 15 days after the date of the contract. Deposit
requirements are subject to change without notice.
18. Is there a
contract rescission period?
many states in the US, there is no contract rescission
period in Costa Rica. Once Purchase & Sales Agreements are
executed and deposits are received by Tropical felgate,
the terms agreed to by the Buyer and Seller is legally
19. Is financing
several local banks that offer financing to qualified
property purchasers. Our Sales Executives can provide you
with more information about the options and programs
available. Interest rates in Costa Rica are two to four
points higher than in North America and for this reason
many foreign buyers elect to refinance their homes in the
US or Canada if they require financing to purchase a
20. Can Purchase &
Sale Agreements be assigned and/or the property be resold
to another buyer prior to closing?
Sale Agreements cannot be assigned and property cannot be
re-listed or sold to another buyer prior to closing
without the Developer’s written approval.
21. What are the
closing costs, transfer taxes, property taxes and other
fees associated with purchasing Tropical felgate?
Tropical Felgate property will be responsible for land
transfer taxes and registry stamps totalling approximately
2.3% of the purchase price and Notary fees of 1%.
Buyers will expect to pay approximately $1000 to the law
firm if they elect to take title to their property in
either a Costa Rican S.A. or Limitada.
Property taxes in Costa Rica are significantly lower than
in North America. They are currently set at .25% of the
registered property value and are payable on a quarterly
or annual basis, at the election of the property owner.
There are currently no capital gains taxes in Costa Rica
on the sale of property of the sale of the shares or
quotas of the S.A. or Limitada that owns the property as
long as the seller is not in the business of buying and
selling real estate in which case he may be subject to
Costa Rican income tax law.
22. How long does it
take to transfer legal ownership once funds are received
by Tropical felgate?
transfer begins with the signature of the transfer
documents and their presentation to the Registry. The
complete process can take up to 4 to 5 weeks, but once the
document is stamped as received by the Registry, you have
the rights to ownership of the property and no liens or
transfers can occur.
23. Are US $ required
for deposits and at closing for the purchase of property
in Tropical felgate?
in US $ are required and can be remitted by cashier’s
check drawn on a US bank or more commonly are wire
transferred directly according to the instructions in the
Purchase & Sale Agreement.
24. How long does it
take to transfer funds?
2-4 business days.
25. Do buyers of
property in Costa Rica need the assistance and advice of a
that buyers hire a lawyer to assist with the real estate
purchase transaction in Costa Rica. Our Sales Executives
can provide you with a list of preferred law firms that
are familiar with Tropical Felgate.
26. Are there any
interval ownership opportunities available at Tropical
properties at Tropical Felgate are dedicated to whole
27. Is there a rental
program available to owners of residences in Tropical
Felgate Master Deed and By-Laws and the Master Deed and
By- Laws for each residential sub-association give owners
the right to rent their property. While some owners handle
rental administration themselves, the vast majority will
contract with a professional rental agency. Our Sales
Executives can assist you with further information.
28. Are there any
restrictions on the resale of property in Tropical Felgate
projects? If so, what is the standard commission?
In order to
maintain the highest resale values and to provide our
owners with the best brokerage services, we recommend that
all owners in Tropical Felgate projects list their
property for resale with the Tropical Felgate Sales Team.
Tropical Felgate charges a 5% commission for resales. It
is important to note that the Tropical Felgate Sales Team
receives the highest quality and most qualified
prospective buyer leads for properties located within
Sellers may choose to sell their property themselves or
list their property with an outside real estate brokerage
firm, in which event no commission is payable to Tropical
29. Does ownership of
property in Tropical Felgate projects automatically
qualify owners for Costa Rican residency?
No. If you
are interested in obtaining official residency, we advise
you to contact a law firm. It is not necessary for you to
obtain residency if your maximum stay in the country does
not exceed the period specified on your tourist visa.
After spending a minimum of 72 hours outside of the
country, you will be allowed to re-enter Costa Rica and
receive another tourist visa.
30. Are there property
management services for your home or home-site available
through Tropical Felgate?
Property management services are available. Our Sales
Executives can provide you with more information.
31. Is there a
homeowners association for each enclave of Tropical
Felgate or for the entire Tropical Felgate community?
is a Master Condo Association and various Sub-Condo
32. What are the fees
associated with the associations?
the Master Condo Association, each Sub-Condo Association
are available from our Sales Executives.
33. Are Tropical
Felgate projects gated communities?
Felgate projects are guarded, gated communities. The
Tropical Felgate Master Condo Association determines the
level of security within the community under the advice of
the Developer. The security guards, patrol,
entry-controlled access and other related security costs
are included in the Master Condo Association fees.
34. What are the
projected demographics of Tropical Felgate owners?
demographic studies of residential, resort communities
along the Pacific shore of Costa Rica indicate that 70% of
buyers are U.S. Citizens, 25% are Canadian, 1% is
European, and 4% are Costa Rica citizens.
35. Can we bring our
pets to Costa Rica?
To bring a pet into the
country you must contact the Costa Rican consulate in the
US to obtain the proper paperwork and procedures prior to
arrival. There is no quarantine time for pets.
pets must have all vaccinations and documentation from a
vet. Shots must be current within two weeks except for
rabies which must be less than one year. Certain species
and breeds of dogs and cats are not allowed in the
country. It is an easy process to bring a pet to Costa
Rica provided the owners follow the procedures correctly.