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Showing posts from May, 2013

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Check Our Facebook pages: For million dollar mansions in Costa Rica and information about our mansions check out Our Facebook page of Costa Rica Million Dollar Homes : http://www.facebook.com/costaricamansions   Costa Rica´s finest selection of multimillion dollar estates and mansions, including the most unique inventory of privately marketed homes. For our page Costa Rica Luxury Estates you will find luxury homes, condos and apartments in the most desirables locations of Costa Rica: http://www.facebook.com/costaricaluxury Costa Rica Luxury Estates offers expert advice and support throughout all stages of buying and selling a property in Costa Rica. With personal commitment to clients and delivery of quality service, we assist our clients throughout the process of selling their luxury homes or finding the right luxury property in Costa Rica. For our page Women in luxury Estates you'll find the best source for learning about women who are leaders in the lux...

Update on sales price of house in the $3 million plus range

It is a fact that t he market in Costa Rica for houses above $3 million is very slow .  In some locations of the co untry we can even say that it is in-existent, because there is no demand at all for houses of that value. The recommendation to all owners that are motivated sellers, is to apply a drastic price review in light of the present market conditions, given the fact that properties in the upper side of the market are not selling.  Basically, serious buyers are paying attention to properties with discounted prices, so in order to give your property additional exposure it would call more attention if it is offered with a n attractive price reduction.  Obviously, for it to get enough attention it would have to be brought to another price range.   The price range that gets more inquiries is between $1 and $2 million , but properties above $3 million are moving super slowly.   Supply and demand have also to be taken into account, a...

The $5,000 difference - Staying One Step Ahead Of The Competition

When you are trying for years to sell a home just above the million dollar range but it would not sell, sometimes $5,000  can represent the difference between capturing a potential buyer or losing chances of getting that buyer's attention. Property owners of million dollar homes, who are urged to sell, tend to feel more attached to the idea of keeping their property above the million dollar range.  You might call it pride, I will call it " stubbornnes ", because keeping the property in the wrong price range can diminish the chances for the property to be found by buyers searching in the internet.  We all know that 90% of property buyers begin their research online, so why waste time and resources? The internet is the best ally to get a property out in the hands of multiple prospects from different countries and regions at the same time with the minimum investment, no other marketing tool offers such an amazing benefit.  But, if the property is ...

Pricing a million dollar property under the million dollar range

I recently shared with a property owner the following thoughts in regards to her concern with the right price for a property that has been in the market over a period of several years since the market crashed .   The property was originally listed at about $1.5 million and had suffered several discounts.   But now, it was time to review if it was appropriate to move it to another price range.   I hope this helps other property owners define the course of action in regards to pricing their property in a price range that is more realistic to the actual market conditions. In a slow market, bringing a million plus property under the million dollar range would definitely be more appealing to a prospect buyer and would put the property ahead of the competition.   It is a fact that serious buyers with cash on hand are mostly focusing their searches on properties with large discounts.   A large discount can also be used to give the property additional exposure, b...