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1 Review by Joy

Jaco Beach Realty

Jaco Beach Realty

2/3/10

JACO BEACH REALTY is listed in various places on the web for real estate sales in Costa Rica. The owner of this site, RONALD ARTAVIA is being sued for fraud and theft of funds.
My personal experience: i do not speak spanish. I went to the bank with RONALD ARTAVIA to open a bank account in Los Suenos. (a Marriott Resort) for the purchase of a house in Jaco Beach, but the money actually went into HIS bank account instead of mine. I was given an account number (which happened to be his) with the deposited amount.
When i returned to U.S. I tried to access my account. The bank said I had a 'zero balance'!
I tried to icontact him immediately. His website was removed for months, but i see his picture was back up again.
I lost my life savings of $214,000.
I talked with a man from California that was sold a piece of property on the beach by RONALD ARTAVIA that wasn't for sale. He lost his money $36,000.
Another man said he bought an ocean view farm from RONALD ARTAVIA that belonged to an Americanwho knew nothing about a sale of his property, nor had any contract with RONALD ARTAVIA. He lost down payment of $60,000.
He sometimes sells the same property to several people.( I cannot substaniate this)..this is only what i have heard from local town residents.
He also claims to have an 'escrow' account. Authorities say a special permit is needed for this.
There is not a snowball's chance in hell of ever recovering a dime of it!
BEWARE OF JACO BEACH REALTY AND RONALD ARTAVIA!! He uses different names now. But there is a current picture of him on his website if you are thinking of doing business there, avoid him.

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