Building A New Log Styled Vacation Home in the Mountains – Part V – US$64,346.47 invested so far.

If you are planning to build your new home to live and retire in Costa Rica, now would be a really good time to start.

But we came to the following decisions about why we should build our own vacation home now:

1. I’m only 49 years old (on Tuesday) so I’m not “old” but I’m certainly not getting any younger so what’s the point in waiting?
2. Costa Rica mortgages are available but like most people, I’m highly allergic to paying mortgage interest at 13.5% however thankfully I do not need any financing on such an affordable home.
3. We are not building this home to immediately sell it to try and make money so we’re not concerned that there are fewer real estate buyers now than there were previously.
4. This doesn’t really apply to us but labor skills that were scarce and very expensive this time last year are not at all scarce now and not as expensive.
5. If times really do get much tougher – and that would not surprise me at all – then this home would be an ideal, peaceful and quite secure refuge for us.
6. Lastly, when we were evaluating what to do last year, I had anticipated that along with oil prices that the prices of construction materials would likely come down, so we decided that we would go ahead and start building.

Build Your Own Log Styled Home – My costs in USD so far:

As of the 6th February 2009 the total cost so far in building this vacation or retirement home in the country has been US$64,346.47 which includes the cost of the 5,000 square meters of land which was ready to build on.

You can see the previous articles here:

• Building A New Log Styled Vacation Home in the Mountains – Part IV – US$63,373.47 invested so far.
• Building A New Log Styled Vacation Home in the Mountains – Part III – Progress summary US$61,386.47 invested so far.
• Building A New Log Styled Vacation Home in the Mountains – Part II – A simple summary of progress so far…
• Building A New Log Styled Vacation Home in the Mountains – 1,775 square feet for under $100K
• You can see the home we built (and sold) previously at: Mountain Home For Sale By Owner – Fully furnished with one acre of land. Three online videos.

We have not made too much progress in the last week because of some heavy rain. The weather at the moment in Costa Rica is somewhat unusual for this time of the year and, although December and January tend to be windy, the winds this year are the strongest we’ve had in 25 years.
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Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.