Author: Alberto (---.rdns.blackberry.net)
Date: 04-30-10 14:29
Sunny,
Updated list of corrections:
1) No frustration here. I purchased in Costa Bonita AFTER it became a Condo. That means no "promises or tax breaks for me". No surprises either. No "tilted judgement". I love the place and every afternoon when I'm enjoying a bottle of wine in my balcony overlooking the sailboats in Dakiti I feel like I'm in Paradise. No price tag on that.
2) There are a few units still on sale by the developer. Starting price of those units is $238K. I honestly don't think that the prices have changed much in the past 4 years. As a matter of fact, that statement applies not only to Costa Bonita, but to mostly all properties in Puerto Rico, the US, and perhaps the whole world. I'm no real estate expert, but I've heard about the Real Estate crisis on CNN. I've also read some very interesting articles about it in The Economist. Now, the units that you found for $165K on the internet sound like a really good deal! Please provide the link, I have some friends that would definitely be interested.
3) Tax Credits and Real Estate Tax. There are currently no "tax credits, tax breaks, or tax slack" for Costa Bonita owners. Not my area of expertise either, but I recall this topic being discussed in the last meeting of the homeowners association. Bottom line, the tax credit expired the moment it stopped being a condo-hotel and became just a Condo. By the way, here in Puerto Rico we have a division of our overstaffed govement dedicated to collecting taxes. Much like the IRS, but here it is called HACIENDA. Property taxes are monitored by the CRIM. They do an excellent job collecting money...So Sunny, don't worry about the owners making their tax payments on time.
4) Contamination on the beach. There is really no beach on the complex, but if you refer to the area by the dock, then let me explain that that area is actually the very end or corner of the Mangrove. There is even a Fish and Wildlife sign that alerts people not to traspass. Mangroves are usually moist, wet, and the consistency of the soil (and smell) could be confused with sewage. For details about water treatment, refer to my posts on this thread from 04-09-10 and 04-10-10.
5) Letter of apology. Please let me know who should I adress the letter to and where should I post it. Also, besides explaining that I didn't design the place and the intention to "green it out", anything else you would like to see on the letter? Any recommendations about which colors to use when the complex is re-painted?
6) Michi-B's - Confirmed: NOT FOR SALE!!! Its actually open Tuesdays through Sundays...so anybody who hasn't tried it still has a chance to do so! I would love to see an unbiased review about the place! I hope they do great and stay in business for a very long time. Who wouldn't!!!
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