Tuesday, October 31, 2006

Undurraga Reserve Carmenere 2004 Wine Review (NW)

Wild berry nose
Juicy core of fruit and herbs
Peppery finish

I bought this bottle of wine in Costa Rica on a long weekend with two friends. While one friend was out scounting rental properties for next Spring, the other friend and I sat on the balcony and drank this wine. It was decent, but not great for $17. Fortunately, we had a great view- a 270 degree panorama overlooking the Pacific with miles of rain forest, white sand beaches, and islands below us. Raise a glass in Costa Rica!

13 Comments:

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What is a condominium?
A condominium is a type ownership where certain parts of the property (the units) are owned by individuals, and certain parts (the common elements) are owned in common by the unit owners, all of whom are members of the condominium corporation (the organization responsible for the operation of the condominium). Ownership of a condominium means you own the specific unit plus individual interest in the common property. You have ownership over all space and improvements within the walls of your unit.
It is very important to know that you are buying the condominium building first and then the unit, so make sure you like the building and its financial position. I will assist you with this.
What are condo fees and are there property taxes for condos as well?
A condo fee is a fee that each owner is charged to cover the expenses of the complex and individual unit. For example, in a high-rise condominium, the condo fee includes all utilities, plus building insurance, management and reserve fund contributions. When the plan is registered at Land Titles for a condominium, a separate title is created for each unit. And shown on each title is the owners share in the common property, which is expressed in "unit factors". This "unit factor" can be based on the units proportionate square footage or the initial market price in comparison to the rest of the complex. A budget is prepared for a condominium complex, and the fees are allocated according to the unit factor of each condominium unit.
There are also property taxes for condominiums, and they are also calculated based on the unit factor.
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PRECONSTRUCTION CONDOS IN COSTA RICA
Purchasing a condominium before the construction begins is a way for developers to get the working capitol they need for their projects and for investors to save money on the finished product. Many times investors are able to resell the condominium for a profit before the work is complete, and in some cases condos have sold multiple times with multiple profits before there anyone actually took delivery of the real estate.

This practice is very common in Costa Rica as it provides economic incentives by means of low priced, preconstruction deals to the client, which is mutually benefitial to the developer. The precaution that we take and recommend to our clients, is to be sure that the developer who is building the project, has a proven track record either abroad, or more importantly, here in Costa Rica. Ask your agent to give you some background on the developer, and the team involved in the project including the architect, builder, and developer
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A lot of people ask me how I like living in Costa Rica. My answer is, it was the best decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly fell in love with the beauty of the country and the hospitality of the people here. I couldn't wait to come back. I started coming here about 4 times per year and always had a great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up next to the ocean and run on the beach every morning. I eat the most delicious fruits, vegetables and fresh seafood. My stress levels are much lower than when I was living in the States and the potential here for investing, truly is unlimited. The best part of living here is showing our clients this country. I really don't feel like I have a job for the first time in my life. The joy I receive when I see the look on people's faces when they get into the warm water of the Pacific ocean is truly priceless. For those of you that have come and discovered paradise, you know what I am talking about. For those of you that are on the way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do yourself a favor and come down. You will have the time of your life.


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At 8:13 PM permalink, Blogger Diana said...

Fruit wines are fermented alcoholic beverages made from a variety of ingredients other than grapes (the base of "ordinary" wine) and having a variety of flavours. Fruit wines are always called something wines (e.g., plum wine), since the word wine alone is often legally defined as a beverage made only from grapes. Fruit wine can be made from any sufficiently sweet fruit or, sportsbook, with addition of sugar or honey, from other fruits and many plant sources which are not fruits. The term Country wine is more commonly utilised in Great Britain for fruit wines. In France and Germany, "vin du pays", or "Landwein" refers to relatively inexpensive kinds of standard grape wine. http://www.enterbet.com

 
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