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All services in same p...Description: Del Pacifico is a 700 acres community, ranging from the beach to breezy hills with sweeping 360 degree vistas from the mountains to the pacific; Del Pacifico has everything an investor is looking for:...

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BEAUTIFUL CONDO'S 2 Bath, 2 Rooms, Livingroom, Kitchenet, 1044 Sf, Maid Service, Security 24 hours and amenities from the Hotel (May use the Hot Spring Waters, Trails, Spa, Restaurants an...

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 Ciudad Quesada, San Carlos, Alajuela

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Costa Rica Luxury Projects PDF Print E-mail

Marinas, hangars and heliopuertos open new bussiness opportunities

Projects ranging from half a million dollars to $ 300 million sought dock on the coasts tics.
Since residential and marine heliopuertos until houses that have a garage as a hangar… These luxury projects , separated for foreigners in search of second homes (second home), opened a new market exotic in the country.
Alexander Sancho, Director Real Estate Marketing (REM), commented that there was a fair mix of beauty and price that makes the country attractive for such megaprojects.
"We have a strategic location and direct flights from the United States one of our major markets. We have no natural disasters and other costs, we have a good spirit in them and we are also cheaper. "
This combines with a generation that has been dedicated to consume more and enjoy quality life: the baby boomers.

Marinas in Costa Rica

Some 14 marine are pending before the Inter-institutional Commission of Marine and Tourist Atracaderos (Cimat) to get the operating permit.
The most ambitious project in this segment is the company Hacienda El Dorado of domestic and foreign capital.
Located in Bahia Escondida, in Golfito, has estimated an investment of $ 300 million.
This mega-project for fans of the sport fishing and for those who travel around the world in luxury boats, will include a marina, luxury condominiums, yacht maintenance service, a swimming pool, casino, bars, artificial lake, historical museum, restaurants and shops .
The price of condominiums ranging from $ 350,000 to $ 800,000 and that of berths from about $ 225,000 to $ 840,000.
These projects are concentrated in the Pacific mainly in the provinces of Puntarenas and Guanacaste while two new proposals aim to settle in the Caribbean in the long run.
On the air

 Air Park Costa Rica is a project located west of the center of Samara in Guanacaste.
The concept of air assets is highly developed in other countries and consists of a residential complex with an airstrip and facilities for servicing aircraft.
Usually some of the houses have their own hangars and urbanization is designed for small vessels (small aircraft) or helicopters.
This will include 43 lots for homes, for a price of about $ 200,000 and $ 300,000. To date, it has invested nearly $ 500,000, an amount that could rise to $ 1 million.
Blue Paradise, in Ocotal, is another project that provides flight. It will have luxury condominiums and services as a spa, water taxi, jetty and heliport. Investment starts at about $ 570,000.
Challenges to address
With projects of this magnitude specialists in the area real estate are questioning how this will affect the market, and if we are prepared.

Mauricio Castro, president of the Chamber of Real Estate Brokers, explained that one of the fears of his guild is that this market fall into a bubble. "Despite the fact that this market is for foreigners, we must concern ourselves not to fall into the situation that is the United States. This is not the case of Costa Rica at the moment, but what should be expected. If the projects are based on credit is more danger when you can give. "

In addition, Castro argued that the issue of corruption for awarding concessions and permits is another issue of concern to the House of Brokers.
To Sancho, REM, the challenge comes in not planning to become a destination and thus lose interest of potential customers. "We lead to Central America but we continue to improve the infrastructure. That Costa Rica put their money where their mouths are ", he argued.


* From El Financiero
 
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