WHY COSTA RICA?
The land in Costa Rica is known for its unimaginable beauty that is still relatively untouched, undeveloped and unexplored. The following trends strengthen our current investments and support a lucrative seven year plan for land development in this region.
- Guanacaste coastline and real estate appreciation has been approximately 20%-70% a year for past 5 years.
- LIR (Liberia International Airport) has observed the number of flights by all active airlines doubled in the last year. In early 2008 three more airlines are scheduled to open routes to LIR connecting more countries to the Guanacaste Region than ever before. A larger parcel of land adjacent to the Liberia International Airport has been allocated for airport expansion to accomodate the expected increase in airport traffic.
- 12 Resort and Hotels are scheduled to open along the Guanacaste Coastline of Costa Rica over the next 3 years. The Four Seasons Resort and Hotel has been open for 4 years. The JW Marriot has broken ground on its new Resort and Hotel by Langosta Beach which is 2 hours south of its current Marriot Resort and Hotel located in Los Suenos. The Ritz Carlton is expected to break ground for its new $1 billion Resort and Hotel just 4 km north of Portrero.
- A 400 slip marina is scheduled to break ground 2008 off the shore of Playa Flamingo, an upscale and ritzy living area with no dwelling under $1 million.
- European, Canadian, and U.S. investors and retirees are buying second and third homes along the Guanacaste Coastline. Guanacaste is attracting numerous celebrities to its serene coastline who come to vacation and end up buying investment properties. The Spanish news angency EFE said "Mel Gibson has purchased a $25.8 million ranch that sprawls 163 hectares (402 acres) on Costa Rica's Pacific Coast."
