Costa Rica – Villa Paraiso

Costa Rica – Villa Paraiso
Montezuma Beach, Puntarenas Province, Santa Fe, Costa Rica
$595,000 per LLC unit - Fractional Home LLC
11950 sq ft 5 Bedrooms 7.5 Bathrooms

Villa Paraíso is a luxury vacation home located in the quiet and beautiful hills of Montezuma. An amazing place for family or friends to stay where you’ll have all the space and privacy you need.

Designed by renowned Costa Rican architect Ronald Zurcher (who also designed Costa Rica’s only Four Seasons Hotel), the 11,950 sq ft main villa is comprised of four gorgeous guest rooms on the ground level, with a palatial master suite on the second level. Every room offers breathtaking ocean and coastline views.

The principal rooms are all spacious and tastefully designed, providing seamless indoor/outdoor living. The living room flows seamlessly to the formal dining room and out to the terrace and pool/spa area. The impressive home theater room will make it a movie night to remember.

In the outdoor recreation area, the infinity pool with a swim-up bar takes it to the next level. With a barbeque and TV located inside the wet bar/outdoor kitchen, beer and burgers can be enjoyed while still soaking in the pool. You’ll also find a wood burning oven that’s perfect for family pizza night. Enjoy a workout, yoga or massage in the gym strategically placed atop a dramatic 100-yard cliff with unobstructed 180-degree Pacific Ocean views.

THE LIVING SPACE

Interior Square Feet: 11,950 sq.ft.

Bedrooms: 5

Bathrooms: 7-1/2

Sleeps 14

Bedroom 1 – Master: King size bed, Ensuite bathroom with stand-alone shower, Jetted Tub, Ceiling fan, View of Ocean

Bedroom 2: King size bed, Ensuite bathroom with stand-alone shower, Ceiling fan, Air conditioning

Bedroom 3: King size bed, Ensuite bathroom with stand-alone shower, Ceiling fan, Air conditioning

Bedroom 4: 2 Queen size beds, Ensuite bathroom with stand-alone shower, Ceiling fan, Air conditioning, View of Ocean

Bedroom 5: 2 Queen size beds, Ensuite bathroom with stand-alone shower, Ceiling fan, Air Conditioning, View of Ocean

Fully equipped kitchen with breakfast bar

Formal dining area with seating for 14

Air conditioning

Ceiling fans

High ceilings and floor-to-ceiling glass sliding doors

Sound system

Theatre room with surround sound and seating for 14

OUTDOOR FEATURES

180-degree views of the ocean

Infinity swimming pool

Swim-up bar with 42” television

Outdoor kitchen

Oversized jacuzzi

Sound system

Wood-fire pizza oven

Barbecue

Balcony

Parking

Gated property

Garage with parking for 4 vehicles

Sun loungers

100-yard private suspension bridge provides shortcut from the villa to Montezuma

LOCATION – Montezuma Costa Rica’s Nicoya Peninsula

Montezuma demands that you abandon the car to stroll, swim and surf!

A picturesque small village in Costa Rica, Montezuma is known for its bohemian atmosphere and the stunning natural beauty of its beaches and waterfalls. Bordered by waterfalls on the north and south, you will find an international community that knows how to enjoy life.

Numerous unique beaches are framed by jungle-covered cliffs with small rivers forming scenic waterfalls and pools. Groups of capuchin monkeys live in the forests and are easily seen. When you arrive in Montezuma you will find excellent restaurants, eclectic shops and a variety of nightlife awaiting your enjoyment.

POINTS OF INTEREST

  • 10-minute walk to Montezuma with Restaurants, Shops & Nightlife
  • 15-minute drive to Cabo Blanco Absolute Nature Reserve
  • 9 miles to Tennis Courts
  • 10 miles to Los Delfines Golf & Country Club
  • 20 minutes by Boat to Isla Tortuga

BEACH ACCESS

  • 10-minute walk to Playa Montezuma – This beach is the gateway to many of Montezuma’s best places, such as the string of gorgeous beaches that follow it

AIRPORT

  • 9.5 miles to Tambor Airport (TMU)
  • 4h drive to Liberia Airport (LIR)
  • 5h drive and ferry ride to San Jose Airport (SJO)

SANTA TERESA

Santa Teresa is a booming travel destination in Costa Rica which attracts especially surfers and the younger crowds to its scenic beaches and great surf.

There is however still more to do than surfing. Playa Santa Teresa and Playa Carmen rank among the most beautiful beaches of Costa Rica. You can make long hikes along the picturesque coastline, bathe in tidal pools or find a place under a palm tree for loafing and reading a book.

MALPAÍSTERESA

Malpaís is a small tranquil neighborhood, loosely spread out along five kilometers of road. Its southern limit abuts the Cabo Blanco Nature Reserve on the very tip of the Nicoya Peninsula, while to the north it runs into Santa Teresa.

Many people refer to the entire beach area as Mal Pais, so when you hear of Mal Pais being one of the top tourist destinations in Costa Rica, it actually means the beaches of Santa Teresa and Playa Carmen.

Instead of the tourist buzz nature lovers find many activities in Malpaís. From the small fishermen port you can go on a tour by boat or on a SUP paddle board. The maritime sanctuary of Cabo Blanco protects many aquatic species and you can see dolphins, manta rays, sea turtles or whales.

INVESTMENT OPTIONS

Since 2013, Lifestyle Asset Group has been the pioneer of a smart and sensible ownership model where a small group of like-minded investors own, debt free, a luxury second home with each investor only paying their share of the purchase and ownership costs.

• Limited Liability Company is created to buy the property

• A limited number of investors are admitted into the LLC

• Each investor’s capital is 100% secured by the property, paid for free and clear

• Ownership costs and usage are shared

• Voting and shareholder control

• Zero-hassle ownership and personal concierge services

• Option for rental income

• Defined 8-year exit strategy with no resale hassles

• Owners participate in any upside when the property is sold

COST STRUCTURE

Initial One-time Capital Contribution

Your capital is 100% secured by the home, paid for free and clear.

Full share: $595,000 – for up to 5 weeks/yr, plus one free space available week

Total Annual Fees*

Full share: $24,000

*These fees are allocated directly to expenses relating to the comprehensive maintenance and management of the residence, including property taxes, utilities, interior and exterior maintenance, HOA fees, flood insurance, household supplies as well as deferred maintenance.

Cost Per Night: $571 ($24,000 annual fees / 42 nights of use)

Comparable accommodations on Costa Rica rent between $1,500 and $4,000 per night.

RENTAL PARTICIPATION PROGRAM

Partners have the option to rent some of their weeks to offset annual expenses. This villa rents for $1,200-$3,500 per night, depending on the time of year.

As an average, taking $1,800 per night, your net rental income after property management fees will be around $12,600 per week.

As you can see in the chart below, if you enjoy 3 weeks of use and rent 3 weeks, your annual expenses are completely covered and you will earn $13,800 while enjoying 21 nights of vacation.

Weeks of Use Weeks Rented Annual Fees
6 0 $24,000
5 1 $11,400
4 2 $1,200 Credit
3 3 $13,800 Credit
2 4 $26,400 Credit
1 5 $39,000 Credit
0 6 $51,600 Credit

THE EXIT STRATEGY

The exit strategy was developed by Lifestyle Asset Group to ensure owners have a genuine investment opportunity.

The term of the LLC is 8 years, a length that mirrors the holding period of vacation homes in general. At the end of the term, the residence is sold by Lifestyle Asset Group on behalf of the LLC at its highest possible value.

Each owner’s capital contribution is first returned in full, and 85% of property appreciation is then shared equally.

ADDED BENEFITS

Lifestyle Asset Group has created a truly groundbreaking platform and there is much more to explore:

  • Free membership to Elite Alliance®, a travel club exclusively for vacation home owners
  • Reciprocity to sister LLC properties managed by Lifestyle Asset Group
  • Our fair and flexible reservation system
  • White glove concierge and travel services
  • Pre-arrival grocery shopping and trip planning services
  • An effortless in-residence experience
  • The Lifestyle Asset Group track record – a proven investment model

For more information contact Karla Jones here, call: (970) 233-6089, or email [email protected]

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