I went to Costa Rica in September 2011 to attend an International Living Magazine conference. During the conference we went to John Patrick Wilson's booth. He had the Lake Arenal properties for Buena Vista for sale, also known as Yes Arenal. He invited us to come view and stay at his property for a few days. We accepted.
John Patrick Wilson and his staff are very nice at first but watch out.
We entered into an agreement and gave a $2500 deposit on what we thought was our dream vacation home in September, 2011. This agreement was subject to our Attorney's approval.
You see, we heard so many horror stories about Americans being ripped off buying property in foreign countries so we wanted to be extra careful and let an Attorney review the agreement before we made any kind of a real commitment
A couple of days after we signed the agreement and the contract was under review with our Attorney, we received an email from the John Wilson staff stating "they wanted $15,000 more right away". [continued below]....
..... We immediately notifed and forwarded the email to our Attorney. Thank goodnes we didn't give John Wilson anymore money.
He takes you around to various places including restaurants and even had a business owner lie and say they own property in the subdivison. We found out later one guy was lying about his residence. Extremely unprofessional. He kept our $2500 deposit and then demanded we give him an additional $15,000 a couple days later. (RED FLAG)
Our Attorney didn't approve the agreement due to easement issues and several other discrepancies that he noticed with the agreement. We tried contacting John Wilson several times about our deposit and he never returned our calls or emails about the refund of the deposit for Buena Vista IV (6) Lot 52. John Wilson feels he's untouchable because he's an American originally from California and he moved over to Costa Rica.
I hope this information helps someone else who is considering buying property overseas and especially at CostaRicaLakeandBeach. A Purchase Agreement won't protect you from JP Wilson Developments.
To date we have not received our money back. "Buyer Beware"