Thursday, September 23, 2010

Oceano's model unit is finished!


To schedule your visit please contact us at (506) 2643 4311 or OceanoJaco@gmail.com


The Oceano model unit showcases a fully-furnished one bedroom condo with an imported Italian kitchen, stainless steel appliances, exotic Brazilian counter top, double pillow top mattress, luxurious marble and travertine bathroom and many other custom made finishes.



Discover Oceano's 1 bedroom unit at our new office location in the center of town, 20 meters north of Banco Popular, on the second floor next to Nazarath Spa.



 
All units come turn-key and fully-furnished


Monday, August 30, 2010

Why I Chose Oceano

Dr. Sarkar
Florida, USA


As a doctor in Florida with small children, my schedule is pretty tight. I can only take weekends off or just a few days here and there to relax and enjoy myself. Jaco's proximity to the international airport and its many activities make it very convenient for my lifestyle. There are great restaurants, bars, tours and beaches. There is always something going on.

The new highway that opened this year is a big benefit in my opinion. It makes the ride to Jaco much faster and more comfortable than before. The drive on the old road was not so pleasant. Another thing about Jaco is that the current hotel options in town are not very appealing. They are overpriced and the value is not really there. I am a person that enjoys things of high quality. That is why Oceano's design, quality finishes and amenities definitely appealed to me. I love room service!

I think Oceano will be the best hotel value in Jaco and I am glad I purchased. I also think the project's location is very good for rentals. It is not ocean front but the price is great. Other projects in the Jaco area are very nice but are not designed to rent well. I think Oceano makes more business sense and will bring in more money.

Oceano allows me to have a second home that is subsidized by the rental income.

Thursday, August 26, 2010

How to legally purchase rental income properties with your retirement fund


Is it legal to purchase real estate and other non-traditional assets using my IRA?


The answer is yes!
The Employee Retirement Income Security ACT (ERISA) of 1974 passed the responsibility of retirement saving from the employer to the employee. Created in 1975, IRAs provide individuals a chance to direct where their retirement funds are invested.


The IRS code, instead of distinguishing which investments are allowed, identifies which investments are not permitted under these laws. Under both ERISA and IRS codes, there are only two types of investments excluded: life insurance contracts and collectibles such as works of art, rugs, jewelry, etc. Refer to Internal Revenue Code Section 401.


How come I haven't known about this?

It's a common misconception that the only investments allowed in a retirement account are stocks, CDs and mutual funds.
The truth is that broader investment options have been available to the public since the inception of the IRA in 1975.

The retirement industry has been dominated by large transaction-driven custodians who have focused on a narrow universe of investments. While these kinds of accounts may be right for some, they don't offer the kind of freedom that a self-directed qualified retirement plan offers.

The fully maximize your investment options, you need to have a retirement plan that allows you to select your own investments. A fully self-directed retirement plan allows you the freedom to invest in many types of assets -- assets that are not prohibited by the Treasury Department regulations and the Internal Revenue code.

A condo at Oceano is a great option for your retirement plan as it qualifies with all the IRA requirements and provides an alternative option with security, hard asset and high rental income.


Do a lot of people who have self-directed IRA accounts?
The self-directed industry is growing very strong and is expected to see around $2 trillion enter the market in the next two years. There are over 45 million IRA holders, and less than 4% of those are held in non-traditional assets. This number is expected to grow significantly over the next 5 years as more individuals and their financial advisers attain a greater awareness of self-directed IRAs.


How do I open a self-directed IRA?

You can open self-directed IRA account by contacting Entrust Administration Services at 407-367-3472 or by visiting their website at http://www.entrustfl.com/


You'll be asked a few questions regarding the type of account you'd like to open. Then, you'll be provided with the account packet. Simply fill out the form, sign them and return the originals to Entrust.

Please call Rhonda Scott at 866-391-2750
with any questions regarding Oceano and how to generate rental income using your retirement plan.


* Data taken from Entrust Administration Services, INC



Friday, July 23, 2010

Why I chose Oceano

Roger N. Kourey
Dentist, South Carolina, USA


"When I came to Costa Rica I was in search for a home or a small piece of land. After visiting and learning the area I decided to purchase in the Oceano development because it just made more sense for me. I figured if I was not going to live in Costa Rica full time I might as well have a property that can maintain itself and generate retirement income.
It would also give me a warm place to spend future winter months and go fishing in the Pacific. I also really enjoyed Jaco, while the other areas are nice I found them to be too secluded. Jaco is a vibrant and active community which is more of what I prefer. My realtor and the Oceano developers helped to make me feel very comfortable and secure with this purchase through the entire process".

Tuesday, July 6, 2010

What is "The Oceano Experience"?


Your Oceano Hotel unit will deliver 62% of the rental income as profit to you

Oceano is designed to deliver the ultimate living and vacation experience. From the moment you enter the foyer the building reveals its unique architecture and artistic design, unfolding the different layers of the sea, from the lobby representing the ocean's floor to the penthouses displaying the ocean's surface.

The ocean layer theme progresses with each floor, creating a world of its own with over 20 water elements such as aquariums, wall fountains and waterfalls distributed throughout the building.


The Oceano experience is inherent throughout the project as a perfect balance between beauty, design and functionality




Oceano will provide its guests with much more than value and amenities, providing a unique and memorable vacation experience.

Guests will find themselves marveling at different art work, large fossils, sea shells and more in the unique aquatic environment of the hotel, while enjoying healthy meals at the restaurant, a relaxing massage at the spa or wondering through the gallery's exclusive paintings, jewelry and sculptures.

Through this experience our guests will generate high word of mouth marketing, enhance the hotel's exposure and and build stronger brand recognition, resulting in higher occupancy and better profits for you.

Oceano offers you an opportunity to own a 4 star hotel unit titled to your name that you can use when you please and have it rented out and maintained by an experienced hotel management team for you while you're away.

Your Oceano Hotel unit will deliver 62% of the rental income as profit to you, providing a safe profitable investment at Costa Rica's prime beach destination.

Tuesday, June 22, 2010

Take 5 Min to learn about Costa Rica's best investment opportunity

Oceano offers you an opportunity to own a 4 star hotel unit titled to your name that you can use when you please, or have rented out and maintained by the hotel for you while you’re away.

In January 2010 the new highway to the Pacific coast has opened and transformed Jacó into Costa Rica’s prime beach destination. There are few times in life when you find yourself at the right place at the right time. The proximity to San Jose and the country’s international airport has generated a tourism boom in the already flourishing town of Jacó that will establish it as the prime choice for investment in CR.

Your Oceano Hotel unit will pay for itself at just 30% occupancy
At Oceano we regard you as our partner and therefore wish to educate you on all aspects of the project such as: Oceano's advantages, competition, location and market, so you can make an informed decision when considering becoming a partner at Oceano.


General description
Oceano is located at the center of Jacó and consists of a 6 storey U shaped building, with 44 exclusive units, a 24hr reception area with a 5m waterfall, tour desk, spa, gym, swimming pool, conference room, 12 person Jacuzzi, lounge area, business center, pool side restaurant with room service, two storey art gallery and 3 on site administrative offices for reservations, accounting and management.

Rental program
Your Oceano Hotel unit will deliver 62% of the rental income as profit to the unit owner.

There are no restrictions for the use of your unit on holidays and high season dates. While your unit is not being used, the Oceano team will rent it out and provide you with a detailed monthly report.


Transparency & Management
The owners at Oceano can access the hotel’s reservation system with a special owner’s log-in from anywhere around the world and see which rooms are being cleaned, used and reserved. In addition, 8 Internet based live view cameras will display the hotel’s reception desk, restaurant and other public areas so you can further monitor your investment.

Wednesday, June 16, 2010

Why I chose Oceano

Michael J. Lemieux, CPA and developer
Gatineau, Canada


"My name is Michael Lemieux and I live in Gatineau ,a city right beside the city of Ottawa, the capital of Canada. I have been visiting Costa Rica frequently for the past 15 years and it is my favorite travel destination.

Oceano fits perfectly with our future plan to retire and relocate some of our savings to smart and safe investments

I got to know Mr. Itai Bar, the developer, and his family very well during my visits to Jaco. During this time, I have also watched them successfully run their hotel and restaurant, which I've enjoyed on all of my visits to Jaco.

To say that they are hard working, honest, smart business people that know the hotel business would be an understatement.

I was in Jaco the first week of last April 2010 with my wife Jeanne, and grandchild Emanuel, and decided to sign an offer to purchase for a two bedroom lock-off unit at Oceano.

As a chartered accountant in Canada (equivalent to CPA in the United States) and developer myself, I understand numbers and real estate very well. Oceano fits perfectly with our future plan to retire in two years time and relocate some of our savings to smart and safe investments that can deliver solid returns.

I look forward to the rental income Oceano will provide me, and to the great vacations I will enjoy with my family with all the perks of a 4-star hotel".